Tag / Casino Sales

Sales rising daily at Okada Manila: Universal Entertainment Corp

In a recent filing with JASDAQ Securities Exchange, Universal Entertainment Corp (6425:Tokyo) said sales at the Okada Manila casino resort “are currently expanding on a daily basis,” according to the GGRAsia report. Details regarding growth rates or sales volume for the casino resort and hotel complex located at Pagcor’s Entertainment City in Parañaque, were not […]

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Hard Rock casino coming to Grand Bahama Island?

Taxpayers, through the government of The Bahamas, are reportedly bolstering repairs of Memories Resort & Spa at Freeport on Grand Bahama Island. Freeport’s largest resort property has been closed since suffering a devastating hit by Hurricane Matthew in October. Tribune 242 said Monday that the government has confirmed a commitment of $2.5 million to speed up […]

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Casino revenue in Mississippi up in December and all of 2016

The Gross Revenue from Gaming report for Jan 2017 is out and the numbers show that Mississippi casino revenue was up for the last month of 2016, as well the entire year. According to the state’s Miscellaneous Tax Bureau Casino Gross Gaming Revenue Report (pdf), in December 2016 gamblers lost $170.7 million, an increase of […]

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Paradise profits back in the black in South Korea

In the 12 months ending December 31, 2016, casino revenue of South Korean operator Paradise Co Ltd (034230.KQ) increased by 6.2 percent to KRW603.1bn (US $509m), compared to KRW567.88 billion for full-year 2015, according to figures released last week to the Korea Exchange. South Korea’s largest foreigners-only casino operator reported table game revenue at KRW567.7bn, […]

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