Novomatic increases share in Casinos Austria

Casinos Austria

Novomatic the giant gaming equipment maker has increased its share in partially state owned Casinos Austria to 16.8% following the purchase of two equity stakes. Casinos Austria operate 12 casinos which include interests in overseas casinos in Australia, Canada, Egypt, the Palestinian National Authority city of Jericho, Switzerland and a number of European More...

by colin | Published 3 days ago
cruise ship
By colin On Thursday, July 30th, 2015
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South Korea allows casino cruise ships to gamble

From August this year South Korea will allow cruise ships to operate casinos onboard while in their waters. The Ministry of Oceans and Fisheries said the plan has been approved by the South Korea cabinet and will More...

Société des Bains de Mer
By colin On Thursday, July 30th, 2015
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Galaxy Entertainment buy into Monaco SBM

Galaxy Entertainment the Macau based casino operator has bought a 5% stake in Monaco casino company Société des Bains de Mer (SBM) for EUR40 Million. “This is a minority strategic investment into SBM shares More...

DeNiro Di Caprio
By colin On Thursday, July 30th, 2015
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Studio City opening date announced soon

Lawrence Ho the Chief Executive of Melco Crown Entertainment the Macau casino based company has said that its Studio City development is on track and will shortly announce the official opening date. The new casino More...

ladbrokes1
By colin On Thursday, July 30th, 2015
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Ladbrokes & Gala Coral merge companies

As reported by the iGaming Post last week Ladbrokes and Gala Coral have announced their merger this week. The new combined company has a market worth of £2.3 billion and will now look at being the UK’s largest More...

Caesars logo
By colin On Thursday, July 30th, 2015
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Caesars shares plunge on bankruptcy ruling

Caesars Entertainment could be now almost certain to follow its operating unit into bankruptcy following a ruling by a federal judge that creditor’s lawsuits will not be stayed while the company works out its More...

Echo ent logo
By colin On Thursday, July 30th, 2015
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Echo go after chinese high rollers for Brisbane

Echo Entertainment who won the battle of Brisbane against casino operator rival Crown Resorts for the right to build a casino integrated resort has revealed their secret weapon to ensure the resort will be a huge More...

Glowing Gambling Sign
By colin On Thursday, July 30th, 2015
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US Casino industry now rated “stable”

Glowing Gambling Sign Investment powerhouse Moody’s has said that the US casino sector is improving and has changed its rating for the industry from negative to stable offering investors within the business some More...

Resorts-World-Birmingham-Casino-300x200
By colin On Thursday, July 30th, 2015
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Genting Resorts World Birmingham “act of faith”

As the new Resorts World Birmingham prepares to open what Genting say will be Europe’s largest integrated casino not all seems as happy and optimistic as it should be with Genting spending some £150 million on More...

Atlantic-city
By colin On Thursday, July 30th, 2015
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NJ: Mixed results for casino operators in June

June gambling figures were released by the NJ Gambling Control Board showing that the 8 remaining casinos showed that winnings were up by 5.5% for June compared to the same period last year. However those figures More...