Hong Kong gaming and hospitality giant Melco to exceed its original budget for Cyprus’ first casino resort, Property President reveals City of Dreams Mediterranean is on track to open doors in Limassol in 2021, and its final construction cost will exceed the originally announced €550-million investment, Cypriot business news outlet the Financial Mirror reported earlier today citing Property President Craig…
Macau lawmakers continue debate on draft legislation aiming to bar casino workers from entering gambling venues outside work hours A specially appointed inspector will conduct random checks on Macau casino staff as part of a recently proposed draft legislation that aims to ban workers employed in the city’s gambling industry from entering casinos outside work hours.
For the first time ever, online poker room partypoker will be hosting a MILLIONS Grand Final Barcelona. Set for April 7th to the 15th, partypoker has revealed the schedule for the MILLIONS series, with players set to compete for a record-setting €23,000,000 in guaranteed prize money throughout the nine-tournament series.
Atlantic City casinos closed out 2018 with a solid December performance, pushing the market to its third straight year of annual gaming revenue gains.
Daily fantasy sports operator DraftKings made the following statement on 30 March regarding a possible partnership with a New Jersey casino: “DraftKings, with the world’s most popular daily fantasy sports platform and nearly 10 million sports-mad customers, is perfectly positioned to succeed in a legal sports betting market.
Emperor Entertainment Hotel Limited reported a profit of HKD155.7 million ($19.9 million) for the six months ended September 30, 5.3% lower than the same period last year.
Yet another World Series of Poker event has finished up at the Rio All-Suite Hotel & Casino, this time being Event #62, the $888 Crazy Eights No-Limit Hold’em 8-Handed tournament.
In Macau, casino operator SJM Holdings Limited has reportedly announced that its under-construction Grand Lisboa Palace was not damaged as a result of Typhoon Mangkhut despite being hit by gusts of wind well in excess of 100 miles per hour.
Pennsylvania has reported that gambling contributed more than $385m (£306m) in just one year, easily surpassing budget predictions. Bumper profits The new report shows that licensing fees for casinos, online casinos, and sportsbooks, along with mini-casino auction profits and tax revenue from lottery expansion and daily fantasy sports, all contributed to the bumper profits.