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Genting Malaysia Revenue Forecasts Cut After Theme Park Delay
Analysts have slashed their revenue predictions for casino operator Genting Malaysia after it announced that there would be a delay in the opening of its much-anticipated theme park which is being developed at its flagship Resorts World Genting in Malaysia.
Read MoreLas Vegas’s Oldest Casino Reopens After Major Renovation
The iconic downtown Las Vegas Golden Gate casino reopened on Aug 25 after extensive renovations. The casino was closed for five days between Aug. 20 to 25 to finish the expansion work. The 111-year- old casino resort has been expanded
Read MoreStar Ent Net Profit Grows By 36 Pct Despite Drop In VIP Gaming
Australian casino operator Star Entertainment Group Ltd has announced a healthy growth of 36 percent in net profit after tax for the financial year ending June 30 despite facing a turbulent year which saw VIP gaming drop sharply across the
Read MorePhilippine Casino Industry Will Not Be Hurt By Cannibalization
Brokerage firm Morgan Stanley has forecasted an optimistic outlook for the Philippine casino market despite the development of additional convention venue space and gaming facilities in the country. There were concerns from some quarters that there were too many gaming
Read MoreAC Casino Revenue Falls, Online Gambling Revenue Grows In NJ
The combined casino revenue in Atlantic City has shown a decline of 2.7 percent for July 2017 when compared to the same period last year. This was despite the fact that the city’s seven operational casinos have recorded a marginal
Read MoreRussia’s New Visa System To Boost Revenues For Tigre De Cristal
Russia’s new visa-on-arrival system is likely to provide a boost to Summit Ascent Holdings Ltd revenues, which is the operator of the Tigre de Cristal casino resort located inside Primorye Integrated Entertainment Zone (IEZ) near the port city of Vladivostok.
Read MoreTrump Company Could Be Entering Macau’s Casino Industry
A company belonging to The Trump Organization is said to have applied for four new trademarks in Macau according to a local news report. The applications relating to the Trump brand were made by a Delaware-based company called DTTM Operations
Read MoreCrown Resorts Sees Major Revenue Boost From Melco Sale
Australian casino operator Crown Resorts Ltd has declared a net profit of A$1.87 billion (US$1.49 million) for the fiscal year ending June 30, witnessing a jump of nearly 97 percent over the previous year despite a decline in revenue. The
Read MoreSouth Korea’s Paradise City Casino Drawing Over 3k Visitors Daily
South Korea’s newly opened Paradise City casino resort has announced that in its first 100 days’ of operation it has attracted a daily average of nearly 3,100 visitors. So far it has recorded a total of nearly 310,000 visitors. The
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