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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...

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...

Crown profits drop on VIP decline, digital sector on the rise

Australian casino operator Crown Entertainment saw a 15% drop in profits for the full year ended June, Asian news service Asia Gaming Brief reports. According to the official numbers, the operator’s yearly profits were hurt by a large drop...

Arizona tribal casino gambling revenue up 4.8 percent

The State of Arizona will receive more than $26 million in contributions derived from tribal gaming revenue for the quarter that ended on June 30, according to the Arizona Department of Gaming. Compared with what the state received for the...

William Hill happy with independence despite industry consolidation

The boss for British gaming and sportsbetting firm William Hill has reportedly declared that the operator can survive and thrive on its own after last year walking away from a proposed $6 billion merger with Amaya Incorporated. According to a...

Bitcoin tops $3,200 for the first time after moving past hard fork

The price of Bitcoin set another record as it surpassed $3,200 for the first time since its release, only days after a feared network split, or “hard fork”, was finalized. According to CoinDesk data, the cryptocurrency saw a jump...

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...

Business booms for Evolution Gaming Group

After last month receiving a listing on the main market of the Nasdaq Stockholm exchange, live online gaming solutions provider Evolution Gaming Group has released its financial results for the six months to the end of June showing a 58%...

TransAct Technologies Incorporated reports second-quarter results

Printer and transaction-based solutions developer and manufacturer TransAct Technologies Incorporated has released its second-quarter financial results showing that its gross profit rose by in excess of 6.6% year-on-year to reach $6.4 million despite an over 8% decline in net...

Takeover costs push Tabcorp Holdings Limited into the red

Australian wagering giant Tabcorp Holdings Limited has announced a net deficit of $16.46 million for the twelve months to the end of June largely due to the costs associated with its planned $4.8 billion takeover of rival Tatts Group...

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Online betting inches closer in Pennsylvania

A short time after a plan to allow video gaming terminals (VGT) in bars crashed and burned in the Pennsylvania House on Wednesday, a...

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