Tag Archives casinos

Detroit’s trio of commercial casinos report record $1.454 billion in revenue in 2019

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Surpassing its 2018 high by more than $10 million, Detroit’s three casinos reported $1.454 billion in record adjusted gross revenue last year, with MotorCity Casino Hotel and MGM Grand Detroit having contributing record years, according to the Michigan Gaming Control Board. In the lead in 2019 with 43 percent of the market share was ...

Michigan to wait for online sports betting until 2021; state’s three casinos could see retail product for March Madness

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After a four-year-effort, in December 2019, the state of Michigan finally legalized retail and online sports betting, however, it could take up to a year for the latter to actually launch in the Great Lakes State. According to a Wednesday statement from the Michigan Gaming Control Board (MGCB), while this spring may see sports ...

Cambodian casinos observing online gambling prohibition

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Authorities in Cambodia have reportedly announced that the Asian nation’s estate of land-based casinos has largely been abiding by new legislation that implemented a total ban on the provision of online gambling. According to reports from Inside Asian Gaming and CalvinAyre.com, the administration of Cambodian Prime Minister Hun Sen ratified a measure in August ...

Macau casinos urged to join fight against ‘viral pneumonia’ outbreak

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In Macau and health officials have reportedly advised the city’s many casinos to take a variety of measures such as installing body temperature monitors so as to help stop a potential outbreak of ‘viral pneumonia.’ According to a report from GGRAsia, the Thursday caution from the enclave’s Heath Bureau followed the recording of what ...

Macau casinos end the year on a downer following disappointing December

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The 41 casinos in Macau reportedly ended December on a downward note after recording a 13.7% year-on-year decrease in monthly aggregated gross gaming revenues to slightly over $2.84 billion. According to a Wednesday report from GGRAsia citing official information from the city’s Gaming Inspection and Coordination Bureau regulator, the December figure represented the largest ...

Gateway Casinos and Entertainment Limited merging for future success

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Canadian casino operator Gateway Casinos and Entertainment Limited has announced the details of a one-off restructuring that is to see it merge with special purpose acquisitions firm Leisure Acquisition Corporation and gain a listing on the New York Stock Exchange. The Vancouver-headquartered firm used an official Friday press release to declare that the planned ...

Microgaming content now available in Portugal via Estoril Sol Casinos online

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Isle of Man-based technology provider, Microgaming, has inked a commercial agreement that has seen its most popular online casino slots go live in Portugal with Estoril Sol Digital’s favored Estoril Sol Casinos online brand (EstorilSolCasinos.pt). The innovative provider’s entry into the southern European country is in keeping with its strategy to continue growing its ...

Massachusetts casinos record disappointing November revenue figures

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The trio of large gambling-friendly facilities in the eastern state of Massachusetts reportedly had a dire November despite chalking up aggregated gross gaming revenues of slightly over $78.22 million. According to a Monday report from local television broadcaster WWLP-TV citing official figures from the Massachusetts Gaming Commission, the 30-day month represented the second-worst for ...

Positive November performance for New Jersey casinos and sportsbooks

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New Jersey had a great November after its extensive collection of casinos, iGaming sites and sportsbooks chalked up an 18.9% year-on-year increase in aggregated gross gaming revenues to $306 million. According to an official Thursday filing from the New Jersey Division of Gaming Enforcement (pdf), land-based casinos in Atlantic City saw their slot and ...

IFEZ hoping to bring a ‘cluster’ of casinos to South Korea’s Yeongjong Island

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In South Korea and a senior official with the Incheon Free Economic Zone (IFEZ) has reportedly announced that the district is hoping to one day play host to a ‘cluster’ of up to seven integrated casino resorts. According to a report from GGRAsia, Nicholas Kim serves as Service Industry Division Project Manager for the ...

Chickasaw Nation warns of ‘an intolerable risk’ to its Oklahoma casinos

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In Oklahoma and the leader of the casino-operating Chickasaw Nation has reportedly written to the federal government to advise officials that his tribe would see any state effort to disturb its current gambling operations as ‘an intolerable risk’. According to a report from the Tulsa World newspaper, Bill Anoatubby (pictured) serves as Governor for ...

Missouri consent for Century Casinos Incorporated

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American casino operator Century Casinos Incorporated has announced that it has received regulatory approval to complete its earlier-agreed purchases of southeastern Missouri’s Lady Luck Caruthersville and Isle Casino Cape Girardeau facilities. The Colorado Springs-headquartered firm used an official Wednesday press release to declare that the acquisitions from fellow casino firm Eldorado Resorts Incorporated have ...

Macau casinos post disappointing aggregated November revenues figure

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The over 35 casinos in Macau reportedly experienced a disappointing November after chalking up an 8.5% year-on-year decrease in aggregated gross gaming revenues to slightly over $2.83 billion. According to a Sunday report from Inside Asian Gaming citing official figures from the enclave’s Gaming Inspection and Coordination Bureau, the November figure was the year’s ...

Swedish online casinos hit with marketing injunctions

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The Swedish consumer protection agency has reportedly issued injunctions against a pair of online casinos after determining that they had violated the nation’s gaming regulations by marketing their services to self-excluded players. According to a Wednesday report from iGamingBusiness.com, the move from the Konsumentverket ombudsman against KarlCasino.com and MrGreen.com came after the duo were ...

Successful third quarter for Philippines casinos

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The many private and state-run casinos in the Philippines reportedly had a very positive third quarter as the nation’s aggregated gross gaming revenues increased by almost 21% year-on-year to top $1.08 billion. According to a report from Asia Gaming Brief citing official figures from the Philippines Amusement and Gaming Corporation (PAGCor), the privately-operated casinos ...

Genting Casinos to purchase LeoVegas subsidiary Authentic Gaming in “milestone” deal

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International leisure and entertainment business, Genting, has agreed a deal that will see it acquire LeoVegas’ subsidiary Authentic Gaming for EUR 15 m ($16.7m) on a “debt-free” basis, with the sales price representing a return of better than 100 percent during a period of just more than three years. The Malta-based live casino firm ...

TableTrac Incorporated bringing CasinoTrac advance to trio of Iowa casinos

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American casino information and management systems developer, TableTrac Incorporated has announced the signing of an agreement that is set to see a trio of gambling venues in Iowa utilize its CasinoTrac advance. Headquartered in the Minnesota city of Minnetonka, the innovator used an official Friday press release to reveal that the alliance with Wild ...

Ojibwa Casino’s $34 million expansion project in Michigan’s Upper Peninsula expected to be completed in December

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After years of delays, the Keweenaw Bay Indian Community’s (KBIC) $34 million casino expansion project in Michigan’s Upper Peninsula is apparently now on schedule for a December unveiling. A groundbreaking ceremony for the Marquette Ojibwa Casino expansion and improvement project was held in early December 2016. Since that time the casino has encountered some ...

Sportsbooks coming to North Carolina’s pair of tribal casinos

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Only three days after North Carolina Governor, Roy Cooper, signed legislation that legalized sportsbetting and the Eastern Band of Cherokee Indians has reportedly announced plans to premiere sportsbooks at both of the southern state’s casinos. Double delight: According to a Monday report from The Cherokee One Feather newspaper, the federally-recognized tribe owns the Harrah’s ...

Helio Gaming content going live with Vbet family of online casinos

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Maltese online lottery games innovator, Helio Gaming, has announced the signing of an agreement that is to see its full portfolio of customizable titles made available to the Vbet brand of online casinos. Rewarding relationship: The Valletta-headquartered firm used an official press release published by European Gaming Media and Events to detail that the ...