5349 stories by Casino.org Staff Writer
Playtech Blames Malaysia Crackdown, Bitcoin Hype and Sun Newspaper for Profit Slump
On Friday, Playtech, the world’s biggest supplier of online gambling software, cited “significant headwinds” for its slow growth through 2017. Chief among these was a typhoon approaching from Malaysia in the form of a government crackdown on online gambling operators. It mowed...
Showboat Atlantic City Could Reopen, But as What Still Up in the Air
New Showboat Atlantic City owner Bart Blatstein has taken the first steps towards obtaining a casino license from the New Jersey Division of Gaming Enforcement (DGE). But whether or not he's up to the task of running a venue that had failed...
Incheon Targeted for Yet Another Multibillion-Dollar Integrated Casino Resort
Incheon, South Korea, now has three integrated casino resorts under development after Chinese real estate investment firm LongRunn International Group announced it's investing more than $4 billion to build a foreigner-only gaming destination on Yeongjong Island. Located just west of downtown Incheon,...
MGM China Q4 GGR Up Year-on-Year, as Newly Opened MGM Cotai Promises Greater Profits for 2018
MGM China, the Asian arm of the mega-conglomerate that dominates the global gaming industry, saw a strong Q4 wrap-up to 2017, and the year ahead looks even better, with the opening of the new MGM Cotai just in time for the recent...
Melbourne Crown Casino High Rollers Return, VIP Revenue Surging, Year-on-Year Overall Still Lagging
It’s a welcome sight for officials at the Melbourne Crown Casino: their biggest bettors, many of whom hadn’t been seen in months, are finally filtering back through the doors of Australia's flagship casino. Revenues from Crown Resorts’ VIP program in Melbourne surged...
Fitch Ratings Upgrades Macau 2018 GGR Forecast Following Strong January
Fitch Ratings now expects Macau gross gaming revenue (GGR) to grow 13 percent in 2018. That's a two percent increase on earlier forecasts, which called for an 11 percent hike on last year's $33.2 billion haul. Fitch senior gaming analyst Alex Bumazhny...
Investor Concern over Vegas Sports Betting Mutual Fund ‘Radio Silence’
Investors in one of Nevada’s first ever sports betting mutual funds are becoming increasingly concerned about their money, according to a report by the Las Vegas Review-Journal this week. They say that Reno-based Matt Stuart of Bettor Investments has gone AWOL with...
Futuristic Las Vegas Concert Venue MSG Sphere Waits for FAA Clearance for 2020 Takeoff
Madison Square Garden and Las Vegas Sands have a proposal to bring a giant futuristic spherical glass arena to the city of Las Vegas, and they’re eager to get the ball rolling, but first they need approval from the Federal Aviation Agency...
Wynn Boston Harbor Investigation a Priority, But Massachusetts Gaming Commission Mum on Details
Massachusetts Gaming Commission (MGC) members said at a meeting on Thursday that its investigation into the sexual misconduct allegations made against Steve Wynn remains a top priority. Wynn Resorts is currently constructing Wynn Boston Harbor, a $2.4 billion integrated casino resort on the...
Strong NBA Draft Class Has Las Vegas Oddsmakers Concerned Over ‘Tanking’
The NBA Draft won't take place until June 21, but Las Vegas oddsmakers say the lottery is already impacting the league. Now past the midway point of the NBA season, numerous teams are facing the reality that the postseason is out of...
