cyprus

Hard Rock sells stake in Cyprus casino

After signing the contract for the first casino project in Cyprus, Hard Rock announced that it will sell its stake to Melco.

hollywood

Hollywood Casino suffers after MGM opening

Whilst year-on-year revenue seems to be up in June, the Maryland casino has been experiencing a series of bad results.

china

Lottery sales grow in China

May saw a year-on-year 9 percent increase in lottery sales in Mainland China.

Macau reports slight GGR drop

Macau financial results perceived a slight decline during last week’s casino activities.

NSW pushes for nation-wide tax.

NSW and Victoria push for a nation-wide tax

NSW and Victoria are trying to promote a change in gambling taxation and shift to a nation-wide tax that could increase states and territories budgets.

swiss

Swiss casinos overturn revenue fall

After eight years of bad revenue results, casinos from Switzerland reported a small increase in their numbers.

kenya

Kenya approves gambling tax hike

The president of Kenya signed a law that approves the rise of gambling taxes from 5 to 35 percent.

MGA revealed the results of a survey on gambling in Malta.

Gamblers spent US$139 million in Malta in 2015

According to a survey by the Malta Gaming Authority, 56 percent of the Maltese population spent approximately US$139 million on gambling activities.

The MGM National Harbor is cannibalising the Maryland market.

Maryland’s market endangered by MGM

The MGM National Harbor has had a major revenue rise while cannibalising the Maryland casino market since its opening in December 2016.

new jersey

Online gaming helps New Jersey grow

New information revealed that the online gaming industry is helping New Jersey generate revenue.

seneca nation

Seneca Nation stops casino payments

The tribe is still in dispute with New York state over the payments that casinos make to host cities.

italy

Italy experiences gambling revenue rise

A new report shows that online casino and sports betting contributed to a 19 percent growth during May.