Century Casinos to present at Global Chinese Financial Forum Conference in Toronto, Canada

Century Casino logoCOLORADO SPRINGS, Colo., Sept. 25, 2017 /CNW/ — Century Casinos, Inc. (NASDAQ Capital Market®: CNTY) announced today that the company will attend the 18 th Annual Global Chinese Financial Forum Conference in Toronto, Canada on September 30, 2017. Peter Hoetzinger, President & Co CEO, will present the company and hold one-on-one meetings with selected institutional investors.… [Read more…]

Hollywood’s Seminole Hard Rock Rake in Over Half a Billion Dollars

racino slots machineSouth Florida racetrack casino owners merely shake their head when they asked how they can “compete” with the Seminole Hard Rock Hotel & Casino in Hollywood, and my recent calculations explain why. It’s because the Seminole Hard Rock’s haul for the past fiscal year ending June 30, 2016, totaled more than $579 million. That’s more than… [Read more…]

Annual Slot Revenues at Florida Racetracks Up 2 Percent vs 2016

racino slots machineSlot revenues at South Florida racetrack casinos rose by more than 2 percent this fiscal year compared to last, according to figures released this month by the state’s Division of Pari-Mutuel Wagering. Click Here For Other Stories And Videos On South Florida Reporter The eight dog tracks, horse tracks and jai-alai frontons with slots collected $549… [Read more…]

Racetrack Century Casinos, Inc. Announces Third Quarter 2016 Results

COLORADO SPRINGS, Colo., Nov., 2016 /PRNewswire/ — Century Casinos, Inc. (NASDAQ Capital Market®: CNTY) announced its financial results for the three and nine months ended September 30, 2016. Third Quarter 2016 Highlights* Net operating revenue was $34.5 million, a 3% increase from the three months ended September 30, 2015. Earnings from operations were $3.8… [Read more…]

Video Lottery Machines at New Jersey Racetracks?

Historic Racing game slot machines If casino vote fails, should N.J. put video lottery machines at racetracks?

TRENTON — A state lawmaker has a backup plan if New Jersey voters reject next month’s ballot referendum to bring casino gambling to the northern part of the state: Installing slot machine-like gaming at the Garden State’s racetracks. Assemblyman Ralph Caputo said Monday that should the referendum fail — as polls predict it will — he… [Read more…]

Northern N.J. Casino Fight has N.Y. groups jumping in with big bucks

TRENTON — New York-based groups on either side of a fall referendum to decide whether to expand casino gambling to the northern part of the state are gearing up for a fight, according to a news report. The New York Hotel and Motel Trades Council and a group backed by a Queens virtual casino operator are… [Read more…]

Casino’s Impact on PA’s Horse Racing Industry

racino slots machine Annual Report on Casino Gaming’s Impact on PA’s Horse Racing Industry Published by PA Gaming Control Board

HARRISBURG, Pa., April 19, 2016 /PRNewswire-USNewswire/ — Slot machine gaming in Pennsylvania generated $246 million to support the state’s horse racing industry, according to the Pennsylvania Gaming Control Board’s annual Racetrack Casino Benchmark Report, released today. The report, which covers calendar year 2015, is the 9 th compiled by the Gaming Control Board detailing the impact… [Read more…]

Parx, Penn Among Casinos Receiving Fines from the Gaming Control Board

racino slots machine HARRISBURG, Pa., Feb., 2016 /PRNewswire-USNewswire/ — The Pennsylvania Gaming Control Board today approved fines totaling $32,500 against three casino operators for various violations. The fines were the result of the approvals of consent agreements between the PGCB’s Office of Enforcement Counsel and: Mount Airy #1, LLC, operator of Mount Airy Casino Resort in Monroe County,… [Read more…]

PARX Racino Update – December, 2015

Slot Machines Strong December Table Games Numbers Spur Record Casino Gaming Revenue Year in Pennsylvania

HARRISBURG, Pa., Jan. 15, 2016 /PRNewswire-USNewswire/ — Record table games revenue in 2015 helped propel overall gaming revenue this past year to the highest annual figure since legalized casino gaming began in Pennsylvania. Gross revenue of $808,135,353 from the play of table games at Pennsylvania’s 12 casinos in 2015 was nearly 8% higher than revenue in… [Read more…]

Facing Huge Deficit, More Gambling Needed in Pennsylvania?

gambling Pennsylvania Republican lawmakers in Pennsylvania who are resisting tax increases to balance a deep budget deficit are taking steps toward the state’s third expansion of gambling in six years as an alternative source of cash. Lawmakers who support it estimate that an expansion of some sort could mean hundreds of millions of dollars in one-time license fees…  gambling Pennsylvania