Betting & Casino News Service

Canadian gambling figures for 2009 remained close to the numbers produced in 2008, but with online gambling on the horizon in several provinces, the net gambling revenue could increase dramatically in the coming years.

Study: Oxford Casino Would Generate Millions in Gaming Revenues
MPBN News
Supporters of a referendum question to authorize a resort casino in Oxford County say it will bring much needed jobs and revenue to Maine. …
Oxford Casino’s Economic Benefits ToutedMPBN News

all 3 news articles

Macau Gambling Revenue Surged 40% in August
Wall Street Journal
Aggressive casino revenue growth in Macau fuelled a sharp improvement in the earnings of Macau’s casino operators, whose reporting season ended this week. …
Macau Casino Revenue Jumps To $2B In AugustChinavestor.com (blog)
Casino Stocks: Macau BreakdownTheStreet.com
Casino gaming in Macau posts growth of 63.2 pct in first eight months of 2010Macauhub
Online Poker.net

The Macau casino gambling industry is getting so big that their monthly revenue figures are measured in billions. August was another good month, with revenue rising forty percent.

Macau Casino Gambling Revenue Rises 40% on VIP Tables
BusinessWeek
2 (Bloomberg) — Gambling revenue in Macau, the world’s biggest casino hub, rose 40 percent to 15.8 billion patacas ($2 billion) in August after SJM …

Macau’s Casino Gambling Revenue Jumped 40% to $2 Billion
BusinessWeek
2 (Bloomberg) — Gambling revenue in Macau, the world’s biggest casino hub, rose 40 percent to 15.8 billion patacas ($2 billion) in August from a year ago, …

Macau Business
Melco International Narrows Net Loss As Casino Revenue Jumps
Wall Street Journal
HK) said Monday its first-half net loss narrowed 73% from a year earlier as strong casino gambling revenue in Macau boosted performance at its associate, …
SJM First-Half Profit Quadruples After Adding Tables for Chinese GamblersBloomberg
Macau’s SJM profit jumps 364 percentMacau Business

all 8 news articles

The Express Times – LehighValleyLive.com
Rivers Casino leads state in table games revenue
Pittsburgh Post Gazette
The Rivers Casino in Pittsburgh generated more revenue from table games than any other casino in the state last month …
Studies conflict on job creation claims at proposed Gettysburg casinoPatriot-News
Table games generate $1.5 million in revenue at Erie casinoGoErie.com
Big crowd expected for Gettysburg casino hearingWilkes Barre Times-Leader
Philadelphia Inquirer

Gambling revenue dips 5% at Potawatomi casino
Milwaukee Journal Sentinel
Gambling revenue fell more than 5% at Potawatomi Bingo Casino in the past year, a dip that brings the Menomonee …

and more

Macau Business
Wynn Macau 1st-Half Net Doubles As Gambling Revenue Soars
Wall Street Journal
HK) said Friday its first-half net profit more than doubled, driven by sharp growth in Macau’s casino-gambling revenue and the opening of the company’s new …
Macau Casino Sales May Rise 40% This Month, CLSA SaysBusinessWeek
The House Does Not Always WinInvestopedia
Close to the 50 Day – Wynn ResortsTradersHuddle.com

all 27 news articles

Massachusetts on sidelines as Foxwoods, Mohegan revenues rise
Boston Herald
After more than a year of declining revenue, Connectict’s casinos saw an uptick last month that left Bay State casino …
2 Connecticut casinos report higher July revenueBusinessWeek
Connecticut Casinos’ Slot Revenue Up For First Time In Two YearsCasino Gambling Web
Q&A: Robert Victoria, Foxwoods chief marketing officerNorwich Bulletin
TheDay.com

It has been over two years since the two casino resorts in Connecticut have experienced a slot revenue gain in the same month. In July, Mohegan Sun and Foxwoods Resort Casino broke a twenty-six month slump of declining revenue.

Las Vegas locals gaming leader Station Casinos Inc. today said its second quarter loss widened as revenue slumped and costs associated with its Chapter 11 bankruptcy reorganization came in at nearly $38 million.

MASHANTUCKET, Conn.—-Foxwoods Resort Casino and MGM Grand at Foxwoods today reported to the Connecticut State Division of Special Revenue that slot revenue for the month of July was $64.1 million.

The Nevada casino industry used to be the one that other states looked to as the model. Now, it looks as though Nevada casinos will have declining revenue for the third straight year.

Las Vegas casino gambling revenue has been steadily falling the past couple of years and in June, revenue again dropped on the Vegas Strip. Casinos experienced an almost eight percent drop in the first summer month.

The Las Vegas Hilton lost $9.9 million in the second quarter, an improvement from a year ago as net revenue rose because of the timing of conventions.

Reuters
Nevada Casino Gambling Revenues Dip 6.65% in June
Poker News Daily
Every single area within the county posted a loss year over year, including the famed Las Vegas Strip, whose gigantic casino resorts pulled in revenue of …
Cosmopolitan Las Vegas could push hotel rates downReuters
NV casino winnings down 4.3 percent in fiscal yearThe Associated Press
Las Vegas Strip Gambling Revenue Fell 7.6% in JuneBusinessWeek
Bloomberg

Online Poker.net
New casino plans for Atlantic City casinos
iFreshNews (blog)
In the late part of last month he developed a plan that will utilize casino resorts in New Jersey to attract tourists and bring huge revenue to the state. …
Governor Christie’s Atlantic City Cleanup PlanBusinessWeek
Atlantic City Gaming Revenues Fall 5% in JulyPoker News Daily
Casino revenue drops again for 22nd consecutive monthExaminer.com
Philadelphia Inquirer

Resorts nationwide have jumped on the resort fee bandwagon as a relatively painless way to boost revenue in the name of convenience.