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China bans ICO fundraising campaigns

The central bank of China has halted all Initial Coin Offering (ICO) campaigns, labeling them as illegal forms of fundraising, according to a Bloomberg report....

Detroit casino revenues for August down 3.8 percent

Data recently released by the Michigan Gaming Control Board (MGCB) indicates that August revenues from Detroit’s trio of operating casinos dropped by nearly 4...

Higher operating costs hurt Genting Malaysia’s second-quarter results

Asian casino giant Genting Malaysia has blamed unfavorable foreign exchange transactions along with higher operating costs after its net profit for the three months...

Wisconsin casino sees modest increase in annual gambling revenues

In Wisconsin, gambling revenues at the Potawatomi Hotel and Casino for the twelve months to the end of July reportedly inched up by only...

Acquisition helps Cherry AB improve half-year financial results

After completing its acquisition of Malta-based rival ComeOn Malta Limited in May, Swedish online casino operator Cherry AB has now released its financial results...

Maryland Live! gives up $1m, Baccarat champ takes half

According to a photograph we received yesterday and the leaderboard at Maryland Live! the U.S. has a new baccarat champion and half a million dollar...

China bans domestic investment in overseas gambling ventures

In China, the government reportedly instituted new regulations late last week that have been designed to stop the flow of money abroad by limiting...

Codere reports improved first-half financial results

Last week saw Spanish gaming firm Codere release its financial results for the six months to the end of June showing that it had...

World Poker Tour Enterprises Incorporated cancels upcoming WPT National Korea

Citing “factors beyond our control” and seemingly blaming the deteriorating relationship between China and South Korea, international poker tournament series operator World Poker Tour...

IGT inks patent cross-licensing deal with AGS

In the run-up to its appearance at next month’s Global Gaming Expo (G2E), global lottery and gaming machine innovator International Game Technology (IGT) has...

Committee approves iGaming bill in Michigan following push in Pennsylvania

Just one day after a legislative hearing regarding the legalization of online gambling in Pennsylvania was held, a bill that would also legalize iGaming...

2017 NJSCOOP to feature $1.2 million in guaranteed prize money

New Jersey is one of only three states in the US that currently offers online poker gaming. The state has quickly risen above Delaware...

Travellers seeking to offset RWM losses with insurance claims

Travellers International Hotel Group Inc. is seeking insurance compensation for financial losses suffered when the company’s Resorts World Manila casino shut down following a...

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China bans ICO fundraising campaigns

The central bank of China has halted all Initial Coin Offering (ICO) campaigns, labeling them as illegal forms of fundraising, according to a Bloomberg report....

Golden Entertainment opens 4th PT’s Gold this year

Nevada-based Golden Entertainment Inc. (NASDAQ:GDEN), has reportedly opened its fourth PT’s Gold in Southern Nevada. Located in northwest Las Vegas at 7550 Oso Blanca Road,...

Mixed month for Maryland’s six casinos

The six casinos in Maryland saw their aggregated gross gaming revenues for August increase by 37.1% year-on-year to reach just over $37.1 million although...

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