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Atlantic City Sees Profit Decline in Last Quarter
Melco Crown is raising $200 million dollars to repay debt.
Kiev Set to Host Gaming Expo September 10-11
Villento Brands announces annual VIP Trip to Monte Carlo and weekly bonus prizes of $50 000
Las Vegas revenue continues to decline
UK online gambling companies set to target US
Riviera Holdings Corporation recording dramatic losses.
Andreas Oscarsson has been found shot dead in his father's house in Sweden.
The Rivers Casino in Pittsburgh has opened to a big crowd of happy gamblers.
Donald Trump and Carl Icahn are coming back to Atlantic City
Women are about to make up at least a third of global poker players.
To ensure that all of the community is happy with the opening of the new Rivers Casino in Pittsburgh, the casino will be providing programs to prevent and treat cases of problem gambling.
Las Vegas Sands Corp is looking to raise $400 million in funds to help out with it’s current cash flow situation and hopefully restart it’s construction projects in Macau.
The Polish Ministry of Finance has released figures that show that Polish citizens spent over $5 billion on gambling in 2008.
Harvard Medical School Division of Addictions has released a study that concludes online gambling to be safer than live gambling.
Fernando Chui has won an uncontested election to assume the role of Macau’s next chief executive. Being the only nominee for the job, Chui looks to generate a recovery for casinos that have been restricted by regulations and limits of mainland Chinese visitors and economic downturn.
Stocks in gambling related companies are still clearly struggling in this current crisis. Analysis of Las Vegas stocks in the monthly gaming index lost 2.9% in June.
Atlantic City’s casino industry is sitting through one of the toughest storms ever. Although operators have continually looked to ‘the next month’ being the better month, nothing seems to be coming about.
The Ukrainian government has passed a law banning gambling businesses within the limits of cities, towns and villages. This recent movement has forced gamblers in the Ukraine to look elsewhere for their gambling, and at the same time may force over 200,000 employees to be laid off.
Enjoy SA, a Chilean casino and hotel operator has raised $42 million in an initial public offering on the Santiago stock exchange.
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