US gambling revenue dropped  15% in May. In Las Vegas, the percentage is 16.4%. As for Atlantic City, the casinos gambling revenue down 11% in June, comparing with the same month of the last year (a single casino shows an increase in revenue, Harrah’s Resort Casino). In Illinois, gambling revenue was [...]

Gambling revenue will grow to $155 billion in 2012 from a 2007 revenue of $114 billion with an annually rate of 6.5 percent per year, says PricewaterhouseCoopers LLP in a report released this week.
Asia, and especially Macau, will be the world’s fastest growing gambling region.
In accordance with this report, the US revenue [...]

Queenco Leisure International (QLI) has finalised the terms of an agreement with Constanta Municipality, Romania, granting the QLI concession rights over a historic building in the city, which the company intends to renovate and operate, Casino Constanta.
The agreement is for an initial period of 49 years, but grants QLI the option [...]

Poker Stars started a new experience, beginning to operate a poker room in Cotai Strip (Dubbed PokerStars Macau), at Grand Waldo Hotel and Casino (25 tables, 250 players, cash games and tournaments).
The poker room was launched this week with a No-Limit Texas Hold’em Charity Poker tournament, for the victims of [...]

$4.5 billion Canadian investment in casino-resort project (“Ho Tram“) in the South of the Vietnam, the theme highlighting the lush natural beauty of the area while showcasing Vietnamese and Asian culture.
The most important investors in this project are Asian Coast Development Ltd. from Toronto and Harbinger Capital LLC [...]

Gambling with the futures
Socialist Worker Online, IL
One obvious one is the rising price of oil, which is increasing transportation and other costs for agricultural products. Another is profiteering on the …
The energy crisis: Only bold steps will help
Minneapolis Star Tribune, MN
A frenzy of unregulated speculation in the futures markets is [...]

A new MGM Grand casino will open at Foxwoods this weekend. The festivities will be overshadowed by the United Auto Workers that will protest against unfair tipping policy and the Mashantucket Pequot Tribe’s refusal to bargain, trying to negotiate a union contract.
A new way the tips are distributed among dealers is [...]

Airbus is in discussion with more clients interested to use the world’s biggest passenger plane, Airbus superjumbo A380, into a flying casino.
David Velupillai, marketing director for Airbus’s executive and private aviation division, said a fully-fitted casino could be delivered as early as 2012.
The gambling “is clearly a growing business in Asia [...]

Interesting change, isn’t it? It seems that starting with this year, Las Vegas will be no more the capital of the gambling world. The Sin City is growing old.
In accordance with Macau’s Gaming Inspection and Coordination Bureau, casinos in Macau took in gross gambling revenue of $10.4 billion in 2007, [...]

Juniper Research says that revenues for mobile games, that include mobile gambling too, are expected to rise from just under $5bn in 2007 to nearly $16bn in 2012.
“More widespread penetration of 3G handsets, or entertainment-focused 2.5G handsets like the iPhone, will mean a much greater surge in the adoption and [...]

Merchant bank Clairvest Group Inc. and Clairvest Equity Partners III Limited Partnership are investing $41.6 million in a new gambling and entertainment centre in southern Chile, adjacent to the city of Concepción.
The centre will include a casino, hotel, entertainment theatre, restaurants and family entertainment facility. The completion of the casino is [...]