Cyprus has taken a place on the European casino map

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6 Biggest Countries by Casino Revenue

Casinos significantly impact the global economy, with the market projected to reach over US$100.90bn in 2024. This figure highlights the important role of gambling establishments worldwide. They create jobs and increase tourism. This attracts visitors from all over. More visitors help local businesses like hotels and restaurants. They also boost…

Finance ・ 29 May 2024

Sounds and Colours

Social and Economic Impact of Casinos in Latin America

The coming of casinos in Latin America has brought approximately an energetic interaction of social and financial changes, forming the region's scene in one-of-a-kind ways. In this article, we dig into the significant effect that casinos have had on the social texture and financial structures of Latin American nations, with a particular…

Travel ・ 27 February 2024

Eye On Annapolis

Payday At The Tables: Exploring The Wealth Within The Casino Industry

The world of casinos is often associated with flashing lights, spinning slot machines, and an electric atmosphere. While this is a hundred percent true, it does not entirely capture all that the casino industry has to offer. The wealth within this industry goes beyond playing roulette online or other casino games. Instead, it is a powerhouse of…

Industry ・ 22 November 2023

Tech Zimo

Economic Impact of Canadian Online Casinos: Contributions to Local Communities

Although the main goal of Canadian online casinos is to provide leisure and entertainment, their impact on the national economy is undeniable. Namely, according to stats, in 2022, the online gambling industry in the Great White North reached $12.5 billion, while by 2027, it should generate $912 billion. With that in mind, the gambling industry…

Industry ・ 23 October 2023

Wild Casino

$5,000 Welcome Bonus

Deposit bonuses are optional and must be requested by the player when making a deposit. For example, use Promo Code WILD1 to a 100% Casino bonus. Your bonus request will be assessed and, if your account is eligible for the bonus, it will be added to your account immediately.

Yogonet

Merkur Gaming's selection of games now available at Melco's new City of Dreams Mediterranean in Cyprus

July's opening of Melco Resorts & Entertainment's integrated resort City of Dreams Mediterranean in Cyprus, Merkur Gaming announced that a selection of its game variants is available at what is deemed as Europe's largest integrated resort. The available selection of games includes the brand's Avantgarde Trio, Avantgarde Max Duo, Allegro Curved…

Travel ・ 06 September 2023

Review Journal

Nevada casino industry responsible for 386K jobs, $90B economic impact

A new Nevada Resort Association report said the gaming industry paid $2.1 billion in industry-specific taxes in 2022 and has $23 billion in current or planned major tourism-related capital investment projects underway. "2023 The Facts" is a 100-page document drafted by Las Vegas-based Applied Analysis for the NRA, an organization representing more…

Industry ・ 01 May 2023

Greenboro Local News

Danville Casino announces opening date for temporary casino

The Danville Casino will be located near the permanent Caesars Virginia resort, currently under construction. The permanent resort is set to open in late 2024. DANVILLE, Va. - Caesars Entertainment has officially announced an opening date for a temporary casino in Danville, Virginia. The Danville Casino will be located adjacent to the construction…

Jobs ・ 27 April 2023

Times Of Casino

Japan to Open its First ever Casino

Japan has approved an incredible $8.1 billion (1.08 trillion yen) deal for a resort to be built in Osaka. This will be the countries first ever casino, following a recent law that was passed in 2018 to legalise gambling in the country. The project has many backers. The U.S casino operator MGM Resorts and Japanese based ORIX Group both own a 40%…

Travel ・ 19 April 2023

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World Casino News

Will New IR in Osaka Affect the Macau Gambling Industry

Macau, also known as "Asian Gambling Mecca," was a haven for Asian tourists who enjoyed gambling and various casino games. However, the situation might be changing since Japan decided to legalize casino gaming. New integrated resort in Osaka: Legalizing the Japanese market will possibly have a negative impact on Macau, as well as the other regional…

Industry ・ 17 April 2023

Firstpost

Japan is getting its first-ever casino. Why is everyone not on board?

Japan has given the nod to build the country's first casino in the western port city of Osaka. The gambling resort, which has divided the East Asian country, is scheduled to open in 2029. With the resort, Japan aims to lure domestic and global tourist spending. Prime Minster Fumio Kishida said the casino complex would "become a tourism base that…

Travel ・ 15 April 2023

Real Money

Japan Approves First Casino Resort in Win for MGM Resorts and Orix

The Japanese government on Friday approved the plan to build the country's first casino resort. The project is due to be developed on an artificial island in Osaka by Las Vegas-based MGM Resorts International (MGM) and its local partner, the Tokyo-based consumer credit company Orix Corp. (T:8591 and (IX)). Technically speaking, the winning idea has…

Travel ・ 14 April 2023

Yogonet

"In 2023 we will continue discussions with Italian representatives to bring casinos back within the ECA membership"

As 2022 comes to an end, Yogonet spoke with Per Jaldung, Chairman of the European Casino Association, on what the closing year has meant for the gambling industry, as well as the challenges faced throughout the last 12 months. Additionally, Jaldung explains the main focuses for the ECA in 2023, including a goal to'continue discussions with Italian…

Industry ・ 26 December 2022

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European Gaming

Cyprus has taken a place on the European casino map

The European Casino Association (ESA) has officially announced the attractive Cypriot casino-resort City of Dreams Mediterranean as one of its newest members. At its general meeting, the union's council approved the application of the "City of Dreams in the Mediterranean", which according to experts meets the strict requirements for membership. The…

Jobs ・ 18 July 2022

France 24

Cyprus takes risky bet on casinos

Limassol (Cyprus) (AFP) - Europe's largest gaming resort, the City of Dreams Mediterranean, is emerging from bulldozed vineyards and lemon groves on Cyprus's southern coast. Looking like an Inca temple facing out to sea near Limassol, Hong Kong gambling giant Melco has a grand vision for its first casino in the EU. With 14 floors, three swimming…

Religion ・ 01 June 2022

Yogonet

ECA announces winners for European Dealer Championship 2022; event to return in 2023 in Cyprus

The European Casino Association (ECA) announced Thursday that after a two-year absence the European Dealer Championship concluded at Casino de Monte-Carlo in Monaco on 18, 2022. The 14th edition of the event gathered a "record number of participants, jury members and spectators," as stated by the ECA. Two days of competition saw 40 participants…

Blackjack ・ 19 May 2022

EconoTimes

Casinos and Economic Development. Is It Truly Important?

Casinos over the years have been termed immoral, foolish, and irrational. Unlike other entertainment businesses, gambling has been known to create social and economic costs to the gambler and the non-gambler. This has made the legalization of one dollar deposit casino very controversial in different societies. However, many of these moral arguments…

Trust and Safety ・ 22 February 2022

Lake News Online

Osage Casino releases renderings of proposed project

The Osage Nation is sharing its vision for a new Lake of the Ozarks entertainment destination with new renderings of their initiative in Lake Ozark that include a casino, hotel, meeting space and food and beverage. "We look forward to collaborative work with the local community and state of Missouri," said Osage Chief Geoffrey Standing Bear. "We…

Industry ・ 17 February 2022

Virginia Business

Rush Street Gaming announces Portsmouth casino general manager

Chicago-based developer and gaming operator Rush Street Gaming announced Monday that it has named Roy Corby as the general manager for the upcoming $300 million Rivers Casino Portsmouth. "We're excited to expand our Rivers Casino family of market-leading destination casinos and to help launch Virginia's new casino industry," Rush Street Gaming CEO…

Land-based ・ 10 November 2021

The Motley Fool

China Just Blew Up the Casino Market in New Regulatory Crackdown

Sweeping new regulations are being floated for casinos in Macao that threaten the investment thesis of the entire gambling market in China, even as the region continues to struggle to climb out of the very deep hole caused by the coronavirus pandemic. The promise of intense new oversight, limits on the number of concessions or licenses issued,…

Industry ・ 23 September 2021

European Gaming

Cyprus Casinos Record High Betting Activity Despite Covid-19 Restrictions

Despite COVID-19 restrictions, Cyprus casinos reported total bets of $161 million in just one and a half month. Cyprus Casinos, operated by Melco Cyprus, also announced that this amount only concerns gaming machine handle bets. In particular, for the second quarter of the year which ended on 30 June 2021, total bets recorded on gaming machines…

Covid ・ 31 August 2021

Financial Mirror

Cypriots stake €137 mln on slot machines

Post-pandemic Cypriots have gained an appetite for gambling, as they have spent over €137 mln on slot machines at Cyprus Casinos in just six weeks, according to Q2 data released by operators Melco. Melco's Q2 financial results show that casino visitors risked €137.1 mln on slot machines from April to June, a 181.5% increase compared to the €48.7…

Covid ・ 26 August 2021

ABC 8 News

Evaluation Panel recommends ONE Casino + Resort for southside Richmond; Mayor Stoney supports decision

RICHMOND, Va. (WRIC) - Richmond's Resort Casino Evaluation Panel has recommended the ONE Casino+ Resort plans to move forward as the city's casino gaming operator. The proposed site is located on Walmsley Boulevard in South Richmond and the Evaluation Panel's recommendation is backed by Richmond Mayor Levar Stoney, according to a release from the…

Travel ・ 20 May 2021

ABC News

Jackpot! Expansion of gambling in the US wins big at polls

ATLANTIC CITY, N.J. -- The U.S. gambling industry won big at the polls Tuesday, with three states authorizing legal sports betting and three others either approving or expanding casino gambling. Maryland, South Dakota and Louisiana approved sports betting. That sets up a situation in which by the end of next year more than half the country could…

Winnings ・ 08 May 2021

Shelby Star

Casino talks about future building plans

It's been a decade since plans to open a casino in Kings Mountain began to materialize and look like a reality. The project was first announced in 2013 and in July of 2021, the Catawba Two Kings Casino opened its temporary facility with 500 slot machines which soon doubled to 1000. But the Catawba have bigger dreams of a resort and permanent…

Travel ・ 09 February 2023