Gala Coral year results show strong online performance


UK betting form Gala Coral who are soon to be merged with Ladbrokes have posted their full year results to September 26 showing a rise in profits. Net revenues rose 6% reaching almost £1 billion for the year which is impressive given that 2014 had the boost of the FIFA World Cup in Brazil. Most impressive was the companies online arm which saw revenues More...

by Staff | Published 8 hours ago
james packer
By Staff On Monday, November 30th, 2015

Packer & De Niro want to build island casino resort

Once royalty and the rich and famous hung out now left derelict except Packer and de Niro want to bring it back to life. James Packer and Robert de Niro and teaming up to convert a once luxurious destination now More...

Prague gambling arcades
By Staff On Friday, November 27th, 2015

Prague to close down gambling arcades

The Prague City Assembly has voted to close all the 212 gambling sites that are overtaking the cities streets say lawmakers. The new legislation does not affect the 101 casinos within the city but the cafe or slot More...

Ladbrokes shop
By Debbie On Wednesday, November 25th, 2015

Ladbrokes Coral deal approved but Desmond fights on

The Ladbrokes Coral merger has been agreed by shareholders on Tuesday paving the way for the completion of the £2.3 billion deal. However Irish billionaire Ladbrokes investor Dermot Desmond has vowed to fight on More...

Atlantic City
By Claire On Tuesday, November 24th, 2015

Atlantic City casinos see a 61% rise in Q3 profits

It was a very good third quarter for the remaining eight Atlantic City casinos after posting an accumulative rise in profits by 61% for July, August and September. Indeed total profits for Atlantic City casinos More...

Ladbrokes sign
By Debbie On Monday, November 23rd, 2015

Ladbrokes Coral merger arguments get worse

The battle over the Ladbrokes Coral merger is getting worse after Richard Buxton, the chief executive of Old Mutual Global Investors who has a 5.5% stake in Ladbrokes branded Dermot Desmond’s comments on the deal More...

Wynn Macau was built back in 2006
By Staff On Thursday, November 19th, 2015

Wynn Macau new resort delay

Wynn Macau was built back in 2006 The new casino resort in Macau being developed by Wynn Resorts has announced it has been delayed by three months pushing back the opening date to June of 2016 instead of the scheduled More...

Cyprus Limassol
By Staff On Thursday, November 19th, 2015

Cyprus government name casino bidders for exclusive license

The names of the casino operators interested in developing a casino resort in Cyprus have become a little clearer as Tourism Minister Georgios Lakkotrypis named those that have already expressed a firm interested More...

By Claire On Wednesday, November 18th, 2015

Scientific Games boss to retire

Scientific Games Scott D. Schweinfurth, Executive Vice President, Chief Financial Officer and Corporate Secretary, has announced he will be retiring from the Company.  Mr. Schweinfurth will continue in his role More...

Macau Gamblers4
By Claire On Wednesday, November 18th, 2015

Macau to see another 10% fall in revenues for 2016

Macau casino operators knew already but that does not mean they wanted to be told that more than likely casino revenues will slump again in 2016 by an estimated 10% on this years figures. During a meeting with Chinese More...