Economy

Genting Group disposes of stake in The Star Entertainment Group Limited

After earlier this week revealing that the Mashpee Wampanoag Tribe of Massachusetts owes it approximately $347.4 million, Asian casino operator Genting Group has now...

Australian DFS startup PlayUp seeks $7.7 million to expand internationally

PlayUp, an Australian startup that offers an advertisement-paid version of daily fantasy sports (DFS) is looking for AUD $10 Million (US $7.7 million) to...

Foxwoods Resort Casino reports improved June slot revenues

In Connecticut, the federally-recognized Mashantucket Pequot Tribal Nation has reportedly announced that June slot machine revenues from its Foxwoods Resort Casino property increased by...

The Star Entertainment Group Limited Chairman warns of over-reliance on China

The Chairman for Australian casino operator The Star Entertainment Group Limited has reportedly stated that his firm’s home market has the potential to attract...

James Packer increases stake in The Star Entertainment Group Limited

The man behind Australian casino giant Crown Resorts Limited, James Packer, is reportedly part of an investments vehicle that last week purchased a significant...

Phoenix area casino gets final Class III gaming approval

The U.S. Department of Interior gave final approval to changes in the Tohono O’odham Nation’s gaming compact with the state of Arizona last week...

Lottery sales in China drop slightly in June

Data from the Ministry of Finance indicates that in June, China’s monthly lottery sales fell to RMB 33.8 billion (US$5 billion), a year-on-year decrease...

OLG to award lucrative Toronto gaming market to 1 of 3...

After surviving an elimination round that saw at least three other highly qualified contenders pack up and leave the fight, it appears as if...

Michigan marks 20th birthday of Detroit commercial casino legislation

To celebrate the 20th birthday of legislation that legalized commercial casinos in Detroit, the Michigan Gaming Control Board has revealed that the city’s three...

Macau casino revival continues in June despite Xi Jinping visit

In Macau, June reportedly saw aggregated gross gaming revenues rise for an eleventh consecutive month as the over 30 casinos in the city posted...
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