Sunday, February 25, 2018
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Asian casino giant Genting Malaysia has blamed unfavorable foreign exchange transactions along with higher operating costs after its net profit for the three months to the end of June fell by 59.4% year-on-year to approximately $45.2 million. The operator behind...
Silver Heritage Group Ltd announced Monday that they had secured another $5 million for Nepal subsidiary, Tiger One Pvt Ltd, bringing the company’s Tiger Palace Resort Bhairahawa another step closer to opening after multiple construction delays. In a Monday filing...
In New York, privately-held gaming and entertainments operator Delaware North Companies has reportedly announced that its Jake’s 58 Hotel and Casino facility accumulated gross revenues of $199.6 million for the first 26 days of August. According to a report from...
In the United Kingdom, sportsbetting giant Ladbrokes Coral Group has announced that it intends to begin paying a voluntary levy on all of its offshore greyhound racing turnover from the start of next year. London-based Ladbrokes Coral Group, which last...
After completing its acquisition of Malta-based rival ComeOn Malta Limited in May, Swedish online casino operator Cherry AB has now released its financial results for the first six months of 2017 showing a 192% increase year-on-year in overall revenues...
In Chile, global private equity firm Advent International Corporation has announced that it has signed an agreement to spend up to $170 million in order to acquire a “significant” stake in local casino and hotel operator Enjoy SA. Advent International...
Last week saw Spanish gaming firm Codere release its financial results for the six months to the end of June showing that it had experienced a 7.2% increase year-on-year in operating revenues to just over $975.5 million. The Madrid-based firm...
Wild Crypto (SYMBOL: WILD) have developed a lottery and eGaming platform on the Ethereum blockchain and have announced a new coin, much like Bitcoin, they intend to use to fuel the technology’s completion and deployment. These coins will not...
Following several years of declining receipts, an unexpectedly strong increase in online sales last year reportedly helped Ireland’s state-owned National Lottery to record a 12% boost year-on-year in annual turnover to €750 million ($884.9 million). According to a report from...
Despite seeing declines in table game revenues, casinos in the state of Nevada were able to bring in $998m for the month of July. Just short of the $1 billion mark, casinos earned a pretty penny for the month...

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