American casino giant Las Vegas Sands Corporation has released its financial results for the twelve months to the end of December showing a 2.3% decrease year-on-year in overall revenues to $11.41 billion while its net income fell by some 15.5% to hit $2.02 billion. The Las Vegas-based firm operates casinos...
A negative effect was expected for the month of January when it came to casino gaming revenues in the state of Maryland due to the newly opened MGM National Harbor being in operation for their first full month. At least two close competitors were expected to be affected but...
New figures from some of the casinos in Vietnam have reportedly revealed that last month’s decision by authorities in the Asian nation to partially lift their long-standing ban on locals gambling could not have come at a better time for the local industry. According to a report from the VietNamNet...
Online sportsbetting and gaming provider GVC Holdings has released a trading update regarding its fourth-quarter performance and showing that it expects to report a 7% year-on-year increase in net gaming revenues to just over $249.3 million. Established in 2004, GVC Holdings acquired rival Sportingbet in 2012 before expanding again four...
In spite of consistently declining admissions, the St. Jo Frontier Casino continues to report revenue gains. The Missouri Gaming Commission released a report on Friday that shows for the month of January, the casino, which is owned and operated by Las Vegas-based Affinity Gaming LLC, experienced a one percent loss...
Online gambling operator 32Red apparently had a good 2016 after revealing via a Wednesday trading update that its net annual revenues had increased by 28% year-on-year to hit a record $77.68 million. The London-listed operator of sites including 32Red.com and CasinoSplendido.com, 32Red purchased rival domain RoxyPalace.com mid-way through 2015 and...
The Nevada Gaming Control Board released their 2016 financial performance figures, which show that the state saw an overall decline in December gaming revenue, which dropped down to $956.1 million, or 2.7% less than in 2015. At the same time, the all-year gaming wins increased by 1.3%, to $11.25...
American gaming machine innovator Scientific Games Corporation has released an update revealing that it expects to report as much as a 2.4% increase year-on-year in fourth-quarter consolidated revenues while the figure for the full-year could swell by as much as 4.5%. Las Vegas-based Scientific Games Corporation explained that its consolidated...
Live online gaming solutions provider Evolution Gaming Group (STO: EVO) has taken home Digital Product of the Year at the 2017 Global Gaming Awards (G2E) for its Dream Catcher Lucky Wheel. Nine other companies that were shortlisted along with Evolution were beaten by the Latvia-based company to walk away with...
Global gambling products and services giant Scientific Games Corporation has announced that it has appointed experienced executive Shawn Dennis to serve as its new Executive Vice-President and Chief Marketing Officer. Las Vegas-based Scientific Games Corporation described Dennis as a ‘25-year veteran of entertainment, consumer products and sports marketing industries’...