Vietnam casinos earn $61 million last year: report
Vietnam’s eight casinos, only open to foreigners, posted a combined revenue of VND1.379 trillion (US$61.3 million) last year, according to new statistics released at a conference in Hanoi on Wednesday. The Institute for Regional Sustainable Development reported that the casinos…
Macau news not as bad as it seems
After a spate of bad news for Macau that has included UnionPay’s annual cap on cash withdrawal and Neptune’s reported half year losses, Morgan Stanley says it retains a cautious view on the gaming industry but that the news is…
Macau casino shares fall as junket firm sounds alarm on VIP gamers
Reuters Shares in several casino operators in Macau fell to around five-year-lows on Tuesday after Neptune Group, one of the gambling hub’s biggest junkets, said it may have to wind down operations if the number of VIP gamers continues to…
DK and FD Fantasy Sport Betting Ads to be Discontinued by SEC Network
The seemingly everywhere and ever present DraftKings (DK) and FanDuel (FD) TV ads aired during the first week of the 2015 National Football League (NFL) will no longer be broadcasted by the SEC Network. WVTM-TV reported that the SEC Network,…
Las Vegas Sands quits Florida, turns attention toward Georgia
Howard Stutz, Las Vegas Review-Journal · September 28, 2015 at 2:10 pm 8 Las Vegas Sands Corp. has abandoned a six-year effort to build a casino-resort in South Florida and has now focused attention on a potential gaming development in…
Licenses for NY’s new casinos still expected this year
Associated Press · September 24, 2015 at 2:39 pm ALBANY, N.Y. (AP) – A top state gambling official says New York remains on track to award up to three long-awaited casino licenses before the end of the year. Three casino…
Caesars Debt Talks Said to Hit Impasse as Creditor Pact Expires
Steven Church, Bloomberg · September 24, 2015 at 12:46 pm 6 (Bloomberg) — Caesars Entertainment Corp. is at a $2 billion impasse with creditors it hopes will help keep it from sliding into bankruptcy alongside its operating unit, two people…
Atlantic City Looks to Christie for Aid as Casinos Struggle
Elise Young, Bloomberg · September 23, 2015 at 12:00 pm 1 Bills to provide fresh financial backing for Atlantic City have spent weeks on Governor Chris Christie’s desk as casinos say he’s withholding crucial aid. New Jersey’s Local Finance Board…
The Millennial Problem: Why We (Don’t) Gamble
Because of all the graphs and illustrations, it will be better for the reader to migrate to the actual page of the article http://www.fool.com/investing/general/2015/09/19/the-millennial-problem-why-we-dont-gamble.aspx#.Vf9RMksAXlg.twitter Replies: No replies were posted for this topic.
Ex-Fremont Street chief going to work for casino operator
The Fremont Street Experience chief who announced his resignation in early September is going to work for a downtown casino operator. Jeff Victor is set on Nov. 1 to become vice president of operations for a cluster of hotel-casinos owned…