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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...

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...

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...

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...

Competition hurts half-year results at SJM Holdings Limited

Macau casino operator SJM Holdings Limited has released its unaudited consolidated interim financial results for the first six months of 2017 showing a 1.9% decrease year-on-year in net revenues to $2.64 billion. One of only six concessionaires authorized to operate...

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,...

The 13 Holdings Ltd misses July 31 opening

On Monday 13 Holdings Ltd. missed an opening deadline for the world’s most lavish hotel according to multiple media reports. Opening by July 31, 2017, was one condition of a loan the company, headed by Stephen Hung, the former...

Konami gaming division sees 7.8 percent spike in profit

In a filing on Friday, Japanese entertainment company, Konami Holdings Corporation (9766:Tokyo), reported a 46.4 percent hike in profit group-wide for the quarter ending June 30, 2017. Asia Gaming Brief reports that profit in the quarter for the Tokyo-based company reached JPY8.5 billion (US$76.8...

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...

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Bede welcomes CORE Gaming as newest partner

UK gaming platform and software provider, Bede Gaming, has inked a partnership agreement with leading HTML5 gambling software house CORE Gaming. The deal will see...

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