Rank group grosvenor casinos

Rank Group revenue down 4.9 pct

In the first 16 weeks of the fiscal year, Rank Group posted a 4.9% revenue decline due to a drop in sales and traffic at its casinos and bingo venues.

macau casinos stock

Casino shares down in Macau over trade war fears

Investors’ fear over the trade war between China and the US have caused Macau’s major casinos’ stock prices to drop by 40% since June.

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Gambling ads expenses rise in Australia

The investment in advertising has grown by 26% to €86.1 million between January and July despite the more strict regulations.

Macau GDP IMF

Macau GDP to slow in 2018

According to the IMF, the Chinese territory’s GDP will slow sharply in 2018 and remain flat during next year.

Ohio casinos increase revenue in September

The casinos and racinos in the state totalled US$152.2 million in revenues last month.

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North Dakota tribe pushes for tax exemption

The Standing Rock Sioux Tribe have voiced their opposition to a sales tax on their reservations’ casinos included in a draft legislation.

Shares in Paddy Power Betfair fell 5%

The shares of the company decreased by almost 5% after the country announced its plans to double the betting tax.

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Revenue up in two Detroit casinos

Total revenue for the three facilities in the state increased by 1.4% over the same month in 2017.

Tribal casino revenues fall in Arizona

Out of the 28 states with tribal gambling, Arizona was one of the eight that experienced bad revenue results in 2016.

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September marks fourth best month for Maryland’s revenue

The state has achieved one of its best revenue marks during September activities.

Myanmar lottery

Myanmar to expand the State Lottery

The Ministry of Planning and Finance is looking to boost lottery revenue through a State Lottery expansion.

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Sports betting pushes Denmark’s growth

Revenue in the gambling market rose 11.5% during the second quarter, fueled by sports betting and the FIFA World Cup.