Interest in World Cup action in South Africa caused a substantial reduction in Macau gambling business, according to Macau’s Gaming Inspection and Coordination Bureau. Macau gaming revenues for June were $1.7 billion, down about 20 percent from the May level. Analysts said they expected the July revenues to be impacted as well since the World Cup activity continues through the middle of the month.
The gaming industry’s largest convention and trade show, Global Gaming Expo (G2E), will be switching venues and dates beginning in 2011, it was announced Tuesday.
Isle of Capri Casinos Inc. (ISLE) reported a loss in the fiscal first quarter as the weak economy continued to weigh on the gaming industry.
For U.S. investors, Macau gaming profits have helped boost the share prices of Wynn Resorts Ltd. and Las Vegas Sands Corp. But the real winner in Macau is Stanley Ho.
Pittsburgh's Rivers Casino generated the most table game revenue of any casino in the state last month, though it did have at least a five-day head start over most other Pennsylvania casinos.
By Louis D’Andrilli Special to GT -- The UFC makes its long awaited debut in the "unofficial capitol of New England" with UFC 118 this Saturday
