Category Archives: world casino news

South Bend Casinos could reduce Indiana tax revenue up to $355M

By | December 14, 2016

A new tribal casino in South Bend could reduce Indiana’s tax revenue to at least $350 Million in next five years. According to a report released by a group of commercial casino owners, Indiana’s tax revenue could be down for five years after the opening of tribal casino in South Bend. The study was taken… Read More »

Japan heading towards legalizing casino industry to attract investment

By | December 13, 2016

Japan’s parliament is in motion to legalise casino industry in world’s third biggest economy. The bill if passed will bring lots of new investment in the country and will create thousands of jobs. According to some market research Japanese gambling industry could be worth $40bn a year and that’s why many top casino companies of… Read More »

Maryland’s Sixth Casino MGM national Harbor opens in grand style

By | December 10, 2016

The sixth casino of state Maryland i.e. $1.4 billion MGM national Harbor opened in southern Prince George’s Countyin in a great style on December 8, 2016. “Sex in the City” star Sarah Jessica Parker opened her first boutique in shopping area of the casino, many other are in line.MGM national would be the first casino… Read More »

Casino Stocks plunged amid fears of Beijing-led gambling crackdown

By | December 9, 2016

China’s mission against corruption made casino stocks of all over the world i.e. from Australia’s Crown Resorts to Las Vegas Sands plunged. A recent report says that Macau would block and limit cash withdrawals as a part of their fight against corruption. A report published in South China Morning Post cited that Macau is looking… Read More »

CEO Frank Freedman Says Four Winds South Bend’s Casino under construction

By | December 8, 2016

  Construction is underway to make Four Winds South Bend Casino a perfect place says Mr. Frank Freedman, the chief executive officer of the project. The tribal casino would be a great place for visitors and players says CEO. According to the details the casino will be in 175,000 square feet, while gaming floor of… Read More »

Five Maryland’s casino generated $92 million in November 2016

By | December 7, 2016

Maryland’s five casino revenue is up by 2.5 percent in the month of November 2016. Maryland Lottery and Gaming Control Agency announced today that total casino revenue of all five casinos operating in Maryland is over $92 Million. The growth is inclusive and is gaining month by month since November 2015, when collective revenue were… Read More »

Japanese gaming stocks shores after Japan clears first hurdle to legalize gambling

By | December 5, 2016

Japanese gaming stocks listed in Honk Kong shored after Prime Minister Shinzo Abe’s government initiated to legalize casino-gambling in Asia’s second largest economy. Stocks of Japanese gaming companies listed in Hong Long stock exchange rallied and did superbly at the end of the day. Pinball parlors are very popular in Japan and that’s why shares… Read More »

Bermuda’s Parliament Amended Casino Gaming Act 2014

By | December 5, 2016

Bermuda parliament has Amended casino gaming act bill 2014 which means it will be easy to approve new casino and resort properties in Bermuda. The decision will now make sure that many new casinos – resorts will get their license in a speedy manner. The move was likely to be taken by Bermuda’s parliament in… Read More »

MGM National Harbor set to become next gambling spot in Maryland

By | December 4, 2016

The sixth casino of state Maryland i.e. MGM national Harbor is all set to become next gambling spot. The company expects that MGM will not just be a top gambling destination for players belongs to Maryland or from other parts of United States, but it would be a top gaming destination for global players as… Read More »

Lucky Dragon Hotel and Casino ready to cater Chinese visitors

By | December 3, 2016

The newest casino of Las Vegas i.e. Lucky Dragon Hotel and Casino is ready to welcome players from china and other rising Asian countries. The casino is functional now and it is expected that an amount of $33 Million will be added to Las Vegas casino market just because of a direct flight of Hainan… Read More »