03/13/19 Detroit casinos increase revenue in February The three facilities in the state reported an increase in revenue and gaming taxes during last month’s operations.
03/13/19 888 posts overall revenue decline Despite the underwhelming results in overall revenue, the company improved profitability in 2018.
03/08/19 Connecticut pushes sports betting with integrity fees Despite most states in the US have dismissed an integrity fee for potential sports betting legislation, Connecticut has opted to favor the leagues.
03/08/19 Nomura revisits its Macanese GGR forecast According to brokerage Instinet LLC, new investments in China have seen its initial GGR forecast for 2019 turning at least 1% up.
03/08/19 Lack of Asian exposure to hurt Caesars, Bernstein says Brokerage Sanford C. Bernstein announced Caesars’ growth is expected to be limited due to its lack of exposure in Asia.
03/08/19 Sports betting improves in Italy The industry recovered from a January drop and saw punters betting over €1 billion during last month.
03/07/19 Maryland casinos’ revenue goes flat in February The six state casinos posted revenue just 0.1% higher year-on-year during the second month of 2019 to US$136.8 million.
03/07/19 Paradise Co posts revenue increase in February The South Korean casino operator saw revenues 28.5% higher year-on-year as they reached €43.7 billion.
03/06/19 PH Resorts investment in the Philippines, delayed The casino operator’s €309 million project to build two resort casinos in the country has been pushed back in order to raise the capital needed.
03/06/19 JP Morgan warns about Macau’s future The brokerage said the three year streak for quarterly EBITDA growth could end in June, after Q2.
03/06/19 Bloomberry Resorts posts record figures in 2018 The Asian operator posted record GGR across all segments and reached record EBITDA and net profit in 2018.
03/04/19 Macau GGR up 4.4 pct in February According to the Gaming Inspection and Coordination Bureau, casino GGR was boosted by the Chinese New Year and rose last month.
03/01/19 Gambling continues to grow in New Zealand According to the Department of Internal Affairs, Kiwis spent €1.4 billion during 2017-18, €29 million more than the previous period.
02/26/19 Lawrence Ho increases stake in Melco Melco Resorts and Entertainment top official has increased his 54.6% stake in the company up to 55.8%.
02/25/19 Star Entertainment posts profit decline The company has registered a 2.4% fall in profit for the six-month period ended December 31.
