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Business News and Headlines
Business
September 1, 2020
Borgata Atlantic City Parts Ways with Over 2,000 Employees
The famed New Jersey Borgata Hotel Casino in Atlantic City has laid off 2,295 employees, MGM Resorts CEO Bill Hornbuckle announced on Friday. Borgata Parts Ways with 2,295 Members in New Jersey MGM Resorts International, the owners of Borgata Hotel Casino in Atlantic City, has had to lay off 2,295 members of the staff at […]

Business
August 31, 2020
Aristocrat Launches Video Gaming Market Operations in Illinois
Australian-based manufacturer of gaming machines Aristocrat Technologies announced last week it finally entered the video gaming terminal (VGTs) market in Illinois, deploying more than 300 machines across the state, with each machine offering a choice between 8 different games. Also headquartered in Las Vegas, Aristocrat has been a supplier of slot machines for the state […]

Business
August 31, 2020
New York Casinos May Soon Reopen, Governor Cuomo Implies
Commercial casinos in New York have every reason to expect good news this week as Governor Cuomo hinted during a conference call with reporters Sunday, a positive news announcement is coming. Obviously, the governor has heard the voice of the casino workers who rallied outside the Capitol August 20, asking him to provide guidance on […]

Business
August 30, 2020
Miami-Dade Reopens Casinos and Indoor Dining Tomorrow
Closed back in July the restaurants and casinos in Miami-Dade are allowed to reopen tomorrow. The venues will operate under strict health and safety protocols and a 50% reduced capacity. Casinos and Restaurants in Miami-Dade Can Reopen Tomorrow Miami-Dade casinos and restaurants which offer indoor dining can reopen doors tomorrow, August 31. The venues were […]

Business
August 29, 2020
Nevada Gaming Board Approves William Hill’s CG Acquisition
Nevada has given green light for the acquisition of CG Technologies, formerly Cantor Gaming, by William Hill U.S. William Hill Gets OK from Nevada to Acquire CG Technologies The Nevada Gaming Commission has allowed Las Vegas sportsbook company CG Technologies to proceed with the sale of company assets to William Hill U.S., an established competitor […]

Business
August 29, 2020
Las Vegas Gambling Revenue, Hotel Occupancy Plummet in July
The latest report by the Las Vegas Convention and Visitors Authority reveals the number of visitors and gambling revenue for July in Las Vegas. Despite that results have improved from June, overall a decrease is observed. Zero Conventions for Four Months in Las Vegas Earlier this week, the latest report by the Las Vegas Convention […]

Business
August 28, 2020
New Trading Team Cements IGT PlaySports Market Position
UK-based gaming technology producer International Game Technology (IGT) is expanding its offering for the US sports betting market by building its own full-service Trading Team, the company announced today. The addition will be based in Las Vegas and will add another dimension to IGT’s PlaySports sports betting solution. Focus on Customer Service The Trading Team […]

Business
August 28, 2020
theScore Teams up with Twin River to Launch Online Casino in NJ
The Canadian digital media company theScore signed a multi-year partnership with Twin River securing access to New Jersey’s online gaming market. theScore plans to launch its online casino in the Garden State in the second half of next year. The Multi-Year Partnership between theScore and Twin River Yesterday, August 27, theScore and Twin River Worldwide […]

Business
August 27, 2020
Betfred Seeks to Acquire Cash-Stricken Operator Phumelela
Betfred appears to be the frontrunner candidate to purchase Phumelela after the UK-based gambling company offered to pay between ZAR875 million (£39.6 m) and ZAR925 million (£41.9m) for the assets of the struggling South African horse racing operator. The offer from Betfred, which have acquired in March the UK client database of MoPlay due to […]

Business
August 27, 2020
Nevada Casinos Continue to Recover, July Win Down Only 26.2%
The Nevada Gaming Control Board (NGCB) released its monthly report for July showing gaming in the state continued to improve compared to June, but still fell short of the levels achieved in July 2019. Commercial casinos in the state had been closed down for 78 days to support state and federal efforts to contain the […]
