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Macau half-year fiscal surplus rises thanks to gaming

In Macau, the government’s fiscal surplus for the first six months of 2017 reportedly increased by 15.3% year-on-year to stand at about $2.5 billion thanks in large part to a corresponding 14.2% rise in half-year tax revenues from gaming to...

MGM National Harbor surpasses $50m again in monthly earnings; other Maryland casinos see decrease

MGM National Harbor continues to do well after launching in December 2016. The casino is located around 35 miles from Maryland Live, the biggest gambling earner for the state, that is until the MGM property opened. MGM National Harbor...

Ongoing diplomatic row sends Paradise Corporation Limited into the red

South Korean casino operator Paradise Company Limited has released its financial results for the second quarter showing a 26% decrease year-on-year in overall sales to $122.91 million alongside an 85.3% fall in gross profit to $6.58 million. The Seoul-listed firm...

July gambling revenues decrease for Atlantic City

The Division of Gaming Enforcement of New Jersey has released state gambling figures for the month of July, showing that Atlantic City has seen a slight decline in revenues based on year-on-year comparisons. July 2017 produced 2.7% less than...

Ohio casinos and racinos report improved July gaming revenues

The four casinos in Ohio saw their aggregated gross gaming revenues for July rise by 5.7% year-on-year to $69.86 million while the Midwestern state’s seven racinos continued to post increases with their monthly combined figure of $84.52 million representing...

South Korea’s Kangwon Land posts worst quarter in 5 years

In a Wednesday filing with the Korea Exchange, Kangwon Land posted second quarter 2017 profits of KRW110.4 billion (US$96.9 million), down 10.7 percent from the same quarter in 2016. Kangwon Land is located in the remote village of Sabuk-eup...

Coingaming Group developer pens white paper on double-spending solution

Even the unhackable Bitcoin presents certain security flaws as the currency is exchanged with fiat money. One of the leading currency exchange services, Coingaming Group, is stepping out ahead of any such problems that could occur with a potential solution for...

Genting Singapore reports extremely profitable second quarter

Asian casino operator Genting Singapore has released its second-quarter financial results showing that higher revenues along with lower sales costs helped to push its net profit for the period up by over 800% year-on-year to $127 million. Genting Singapore is...

Visitors flock to recently-opened Paradise City

In South Korea, the operator behind the recently-opened Paradise City integrated casino resort has reportedly announced that the $1.7 billion development welcomed an average of 3,100 daily visitors during its first 100 days of operation. According to a report from GGRAsia, Seoul-listed Paradise Company Limited additionally...

Seminole Hard Rock monster earner; collects more than South Florida’s 8 racetrack casinos combined

To say that the Seminole Hard Rock Hotel & Casino Hollywood, is a money maker would be an understatement. Even amid flattened buildings and construction workers milling about as it prepares for its second hotel to open in 2019,...

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Play’n GO to release new slot game Moon Princess on July...

Gaming specialist and leading mobile casino gaming developer, Play’n GO, is set to launch its new slot game, Moon Princess, based on that wide-eyed...

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