Tag Archives: coronavirus

Encore Boston Harbor records commanding July casino performance

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Rivers Casino and Resort Schenectady benefits from slot revenue tax rate cut

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In New York and the local government’s decision to allow its four upstate commercial casinos to apply for a temporary reduction in their slot revenue tax rates has reportedly worked out well for the Rivers Casino and Resort Schenectady property. According to a Sunday report from The Daily Gazette newspaper, the venue owned by Rush […]

American Gaming Association heralds a successful May

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In the United States and the American Gaming Association trade group has announced that the nation’s aggregated commercial land-based and online gross gaming and sportsbetting revenues for May increased by 9.5% year-on-year to hit a record high of $5.1 billion. The advocacy organization used an official Thursday press release to declare that March, April and […]

MGM China Holdings Limited chalks up depressed first-quarter financials

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Facebook Macau casino operator MGM China Holdings Limited has released its unaudited first-quarter financial results showing that its aggregated revenues dropped by 9% year-on-year to approximately $267.57 million. The Hong Kong-listed firm used an official Monday filing to detail that this decline came as market-wide first-quarter gross gaming revenues in Macau plummeted by 25% year-on-year […]

JKO Play Limited secures financial backing for its planned Playtech purchase

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Twitter In the United Kingdom and JKO Play Limited has reportedly received backing from India-born millionaire Vikrant Bhargava (pictured) in its effort to purchase online casino games developer Playtech. According to a Sunday report from The Times newspaper, Bhargava is one of the world’s wealthiest iGaming entrepreneurs after helping to establish now-subsumed online casino and […]