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Casino
August 10, 2020
Researchers Say to Reevaluate Sports Betting Expansion Push
Several industry insiders and research fellows have suggested taking sports betting legalization with a bit of caution as we push forward a country where each state has a legal sports betting framework. Should We Slow Down Sports Betting Legalization? Maybe Researchers from the University of Nevada and the International Gaming Institute have urged policymakers to […]
Casino
August 9, 2020
Nevada: Health Data Shows Virus Transmissions Continue
A new release of official statistics released from the Department of Health and Human Services in Nevada is showing the number of visitors in July who have tested positive for COVID-19 has almost tripled. Casinos in the state closed doors mid-March after Governor Steve Sisolak issued a statewide order to shut non-essential businesses, and remained […]
Casino
August 8, 2020
Stormy Clouds Above Imperial Pacific, Federal Charges Against Executives
Federal prosecutors indicted 3 people related to Imperial Pacific and its controversial casino project in Saipan, the second-largest island of the Mariana Archipelago and part of the Commonwealth of the Northern Mariana Islands (CNMI), a Bloomberg report revealed on Friday. The trio of Chinese nationals allegedly conspired to hire illegally a large number of Chinese […]
Casino
August 7, 2020
Caesars Posted Q2 Loss, Will Offset with Convention and Sports
Caesars Entertainment Inc. posted its second quarter financial results Thursday, the first report from the combined entity between Caesars and Eldorado Resorts. The $17.3 billion mega-merger deal was completed July 20, to create a regional gaming giant. The new Caesars posted $100 million in net loss for the second quarter of 2020, compared to a […]
Casino
August 7, 2020
Playtech Launches Casino Content with bet365 in New Jersey
Playtech casino content is now live on bet365 in New Jersey. The launch came after Playtech received approval from the New Jersey Division of Gaming Enforcement back in June. Playtech Content Live on bet365 in New Jersey Thursday, August 6, the leading gambling technology provider Playtech said that it launched casino content in New Jersey […]
Casino
August 4, 2020
Michigan Casinos Contribute $6.3B Annually, AGA Reports
$6.3 billion is the estimated annual impact from casinos in Michigan, a research by the American Gaming Association (AGA) shows. The state’s 24 tribal and 3 commercial casinos generate to the extent of $1.3 billion per year in taxes and tribal revenue sharing, supporting 37,911 jobs and $2.1 billion annually in wages. Casinos Spurred Economic […]
Casino
August 3, 2020
BGC Warns Delays in Casino Reopening Most Likely Have Cost Jobs Already
Michael Dugher, chief executive at the Betting and Gaming Council, has cautioned that any further delays may lead to potential job losses he is now sure would happen because of the decision to defer casino reopenings to August 15. BGC Condemns Delays in British Casino Reopenings The Betting and Gaming Council (BGC), an industry standards […]
Casino
August 3, 2020
MGM Grand Detroit Re-Opens, Capacity Cap and Other Limitations
MGM Resorts International announced Thursday its MGM Grand Detroit gaming property in Detroit, Michigan, will re-open August 7, albeit with certain limits to some of the venues. The public re-opening will be preceded by an invitation-only event. The casino property will resume operations after months of closure, as in March Governor Gretchen Whitmer ordered casinos, […]
Casino
August 2, 2020
Macau Gambling Industry Freefall Continues, July Revenues Sink
Casinos in Macau continue to suffer, a report of the Gaming Inspection and Coordination outlined. Gambling revenue in the Special Administrative Region (SAR) dropped again in July, 3.5% year-on-year, due to a slowdown in the Chinese economy, travel and visa restrictions, and tempered demand for gambling from high-rollers, as well as the trade war between […]
Casino
August 2, 2020
Younger Visitors Drawn to Atlantic City’s Hotel-Casinos
The affordable rates of hotel-casinos in Atlantic City draw younger visitors. While some older return clients have come back, many have temporarily retreated. Casinos in Atlantic City Draw Younger Visitors The reopening of casinos in Atlantic City, New Jersey brought many young visitors to the casino-hotels in the state. The operators in Atlantic City noted […]