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Tag Archives: casino

Japan – IR plans continue to surface as Japan’s 2018 Diet session kicks off

In the week the 2018 regular Diet session got back underway in Japan, two more blueprints for future Japanese Integrated Resort casinos have emerged. The Wakayama prefectural in the Kansai region, on Honshū island, pictured, wants to develop an IR at Wakayama Marina City, an artificial resort island developed more than 20 years ago. The…

The Netherlands – Holland Casino sale likely to take another two years

The Netherlands’ junior Finance Minister Menno Snelm has said that the sale of the state-owned Holland Casino group probably won’t be completed until 2020. The initial plan announced three years ago had been to sell the casinos by the end of 2017 but a ‘number of administrative hurdles’ have delayed the sale. Ten of the…

Brazil – Casino in the desert proposed in Brazil

A possible candidate for the Government of the state of Tocantins, Ronaldo Dimas and Mayor of the city of Araguaína has proposed the building of a casino in Jalapão. The ‘Las Vegas do Cerrado’ is expected to increase state revenue by around R$400m (US125m) per year. The National Congress would need to approve the project…

France – Slots generate 85 per cent of French casino revenue

Slot machines accounted for 84.87 per cent of the total casino market in France over the last year. The 200 French casinos operating in the 2016 to 2017 fiscal year generated total gaming revenues of €2.292bn, up 2.48 per cent from the previous year with slot machines down 1.47 per cent to €1.92bn. The average…

US – Atlantic City finally returns to growth after 11 years

Atlantic City’s seven casinos won $2.66bn in 2017, marking an increase of 2.2 per cent from 2016’s figures with its leading casino the Borgata reporting its best ever year. Last year was the first year since 2006 that gaming revenues have actually gone up for the land-based casino industry in New Jersey. Revenues at the…

Northern Mariana – Tinian Entertainment exploring how to reopen Tinian Dynasty Hotel & Casino

Tinian Entertainment Corp. owner Tim Chen has welcomed nine investors from Hong Kong to explore the option of re-opening the Tinian Dynasty Hotel & Casino. The property was forced to close after amassing federal fines worth millions of dollars. Mr Chen, one of the creditors involved in the casino when it closed, said he plans…

US – Nevada’s casinos break revenue record in 2017

Ten years after the start of the recession, Nevada’s biggest casinos can finally announce that they are back having not only turned a profit for the second year running but also having finally broken the revenue record set in 2007 before the economy plummeted. The state’s largest casinos generated income of US$1.6bn from total revenue…

Macau – Why the ‘yabadabadoo years’ are over for Macau

The ‘yabadabadoo years’ are over for Macau’s casino industry according to business risk consultant Steve Vickers who believes that China’s anti-graft drive is set to have a continuing negative effect on the industry’s VIP revenue. He is not alone in predicting a slowing of growth in the second half of 2018. Mr Vickers said: “Macau…

Argentina – Unions reject closures and new tender for Buenos Aires

Unions have joined forces to protest against the closure of three gaming halls in the province of Buenos Aires. Members from The Association of Management and Maintenance Services for Casinos (AMS) alongside workers belonging to the Association of Employees of National Casinos (AECN) have rejected the provincial government’s decision to close the gaming halls as…

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