Macau to see declining revenues well into 2016

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Declining revenues to continue into 2016 for Macau casino operators Macau is still going to see declining revenues at least into the first quarter of 2016 says major investment firm Deutsche Bank. Even with the introduction of new casino resorts like Studio City coming online before the end of the year the Deutsche Bank estimates that the world’s More...

by Staff | Published 1 day ago
Gaming Awards PR Image
By Staff On Wednesday, September 2nd, 2015
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International Gaming Awards Venue Announced

Clever Duck Media the Hosts & Organisers of The International Gaming Awards (IGA) have chosen the historic London venue, the Savoy Hotel to host 9th Charity Gala Awards ceremony. Perfectly placed on the north More...

Johann Graf
By Staff On Tuesday, September 1st, 2015
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Novomatic owner named Bloomberg in rich list

Johann Graf The owner and President of Novomatic have been listed by Bloomberg as the 157th Richest man in the world with an estimated fortune of $7.8 billion a rise of 64% from the list in 2014. Johann Graf was More...

Casinos Austria
By Staff On Tuesday, September 1st, 2015
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Casinos Austria announce falling H1 results

Casinos Austria announced their half yearly results showing a drop in revenues from €70 million last year in H1 to €67.5 million this year. The gambling company also posted a loss on those revenues to €572,000 More...

macau gamblers
By Staff On Tuesday, September 1st, 2015
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Macau August revenues decline 35.5%

Macau casinos recorded their 15th straight monthly decline in revenues with the August figures announced, with new casinos resorts up and running it was hoped that the continuing decline would be halted but no so. Revenues More...

novomatic logo
By Staff On Friday, August 28th, 2015
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Novomatic revenues rise in H1

In what is now H1 Friday Novomatic announced their results showing another healthy rise in all areas, revenues grew by 5% to €988 million while profits rose by 0.6% to €290.8 million. Harald Neumann the chief More...

Hanoi Vietnam
By Staff On Wednesday, August 26th, 2015
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Vietnamese lawmakers push to legalise gambling

Lawmakers in Vietnam are pushing the government to stop making gambling a crime after 70 years after it was called “a social evil” by the then ruling government.   During a discussion on amendments More...

New Jersey Road Sign
By Staff On Wednesday, August 26th, 2015
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NJ knocked back again on sports betting

No sports betting yet for New Jersey New Jersey’s latest attempt to be allowed to run sports betting was turned down by the Third Circuit court as the state tries to help its struggling racetracks and casino businesses. “Besides More...

Resort03
By Staff On Wednesday, August 26th, 2015
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Resorts Casino Hotel a story of survival

Not more than five years ago Atlantic City was expecting Resorts Casino Hotel to go out of business following years of decline and negative results, indeed in that time of struggle and pain four other competitors More...

BXP52531
By Staff On Monday, August 24th, 2015
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Gambling industry to tighten advertising code

Following a large scale review commissioned in 2014 by the Industry Group for Responsible Gambling (IGRG), the gambling industry have decided to tighten their code of advertising to ensure their social responsibility More...