Events & Reports

Rank Group Reports Revenue Growth across All Channels

by January 29, 2016

British gambling operator Rank Group said that all its sectors registered a growth during the first half of the current fiscal year. Group revenue amounted to £370.1 million for the six months ended December 31, 2015, up 5% on a like-for-like basis. Operating profit before except ...

Macau Crisis Drives Las Vegas Sands Revenue Down

by January 28, 2016

Gambling giant Las Vegas Sands Corp. reported its financial results for the fourth quarter and the full year ended December 31, 2015. Net revenue for the fourth quarter amounted to $2.9 billion, down 16.2% as compared to the $3.4 billion posted for the same period of the previous ...

Gaming Realms Reports Record Revenue Increase for 2015

by January 27, 2016

Developer of online gaming solutions Gaming Realms reported a record revenue increase of 116% for 2015. The company generated a total of £21.4 million last year. Gaming Realms officials told media that the record revenue growth was completely in line with expectations.Revenue ...

Paddy Power Forecasts Full-Year Operating Profit of €180 Million

by January 27, 2016

Irish gambling operator Paddy Power Plc posted its interim statement for the period between July 1-November 15, 2015, adding that it expects to report full-year profit of €180 million for 2015. The company said that it will announce its full-year financial performance sometime in ...

Online Poker Legalization Efforts Resurface in New York

by January 26, 2016

Late in 2015, it became clear that PokerStars and Full Tilt, two of the world’s biggest poker rooms, will go live in New Jersey, after they were banished in disgrace from the United States back in April 2011. Among other things, their return resulted in a wavelike renewal o ...

Poker Tournaments to Start between January 25-31

by January 25, 2016

Several poker tournaments that are slated to kick off between January 25-31 with the Deepstack Extravaganza, WPTDeepStacks Malta, and the TonyBet Winter Festival being among the noteworthy ones. Here are additional details about them and a few other poker festivals to start this ...

France Considers Casino Expansion after Annual Revenue Increase

by January 23, 2016

France reported an increase in full-year net revenue generated by the country’s casinos for the very first time in seven years. There were 201 gambling venues operating within its borders in 2015. Income from those amounted to €2.2 billion, up 2.2% as compared to the figure ...

32Red Reports Record Revenue Growth for 2015

by January 21, 2016

Gambling operator 32Red Plc revealed record net gaming revenue for 2015. The company generated a total of £48.6 million, up 51% year-on-year. In comparison, the amount of £32.1 million was reported for 2014.32Red attributed the increase to a 35% growth in its core business as ...

Revenue from Macau’s VIP Gaming Market Down 34.3% in 2015

by January 20, 2016

The Macau Gaming Inspection and Coordination Bureau released an official breakdown of the income generated by both the city’s VIP and mass markets in 2015. Overall, revenue from all gambling venues operating in the Chinese administrative region totaled MOP230.84 billion in ...

SKYCITY to Report Strong Half-Year Growth

SKYCITY to Report Strong Half-Year Growth

by January 19, 2016

The New Zealand operator SKYCITY Entertainment Group announced its forecast concerning its financial performance during the first half of 2016. The company boosted its estimates of first half earnings by 30%. SKYCITY representatives pointed the strong trading in Queenstown, Auckl ...

Poker Tournaments to Start between January 18-24

by January 18, 2016

Apart from the Aussie Millions Poker Championship, which kicked off at Crown Melbourne last week, there will be some more exciting tournaments for players around the world, scheduled to begin over the next seven days. The Borgata in Atlantic City will be welcoming everyone intere ...

William Hill Full-Year Revenue Drops 1%

by January 14, 2016

Gambling operator William Hill PLC announced its financial results for both the fourth quarter of 2015 and the whole year. Full-year group revenue amounted to £1.59 billion, down 1% year-on-year.Revenue from the company’s online operations totaled £550.7 million in 201 ...

Atlantic City Casino Revenue Down 6.5% in 2015

by January 14, 2016

The New Jersey Division of Gaming Enforcement posted on Wednesday information about the financial performance of Atlantic City’s eight casinos in December and in 2015 as a whole. Revenue from land-based operations amounted to $177.6 million, down 1.2% year-on-year. Internet ...

Revenue at Detroit Casinos Increases 3.3% in 2015

by January 13, 2016

The Michigan Gaming Control Board released on Tuesday information about the financial performance of Detroit’s three casinos in 2015. The three gambling venues generated the total amount of $1.38 billion last year, up 3.3% as compared to the figures posted for 2014. Revenue ...

Cambodia Casino Tax Revenue Up 33% in 2015

by January 12, 2016

Cambodian casinos contributed the amount of $34.7 million in tax revenue in 2015, up 33% as compared to the figure posted for 2014, local media reported on Tuesday citing information by the country’s Finance Ministry.Ros Phearun, Deputy-General of the Finance Industry D ...