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Industry
November 28, 2020
Genting Malaysia Announces MYR726.3 Million Net Loss in Q32020 Due to Covid-19
The Group’s operating performance in 3Q20 was on the path of recovery due to the resume of activity, but the operator still felt the impact of the complete shutdown in March and the ongoing strict measures to limit the spread of the virus. Total Revenue in 3Q2020 Halved In 3Q2020, Genting Malaysia Berhad managed to […]
Industry
November 27, 2020
Cirsa Reports Losses Due to Covid-19 Impact
Despite the unprecedented situation and multiple operating restrictions, Cirsa has proven the stability of its business model and has taken immediate steps to adapt its activity to the new environment. Despite the loss in revenue in 3Q2020, the company has started to recover rapidly and has even achieved pre-Covid results in some areas. Net Operating […]
Legal
November 25, 2020
India: Gamblers in Goa Breach COVID-19 Restrictions
Residents of Goa, India are extremely concerned about their safety in light of the many tourists and local gamblers who do not follow the COVID-19 restrictions. Tourists and Local Gamblers in Goa Disregard COVID Restrictions Earlier this month, the casinos in the Indian state of Goa were allowed to reopen doors. After some seven months […]
Industry
November 24, 2020
Covid-19 Restrictions Drag Down Atlantic City Gaming Profit by 37%
Casinos across Atlantic City saw their revenues decrease by more than 37% between July and September 2020 compared to the same period last year due to the continuing restrictions to curb the spread of the virus. The Industry is Recovering Slowly Casinos in Atlantic City posted net revenue of $629.3 million or a 32.3% decrease […]
Business
November 23, 2020
California COVID-19 Restrictions May Impact Las Vegas Recovery
The recovery of the gambling capital of the world – Las Vegas may be impacted by the recently enhanced measures in neighboring California. After observing spikes of positive COVID-19 cases, California rolled out enhanced measures last week aiming at reducing the spread of the virus. California Rolls Out New Restrictions Following Surges of COVID-19 Cases […]
Casino
November 23, 2020
Covid-19 Pandemic Boosts Minnesota’s ‘Sin Taxes’
The Covid-19 pandemic has disrupted the lives of people as never seen before and has caused them to use increasing amounts of alcohol and tobacco to alleviate stress. On the other hand, social distancing measures might prompt the legalizing of alternative entertainment activities, such as online sports betting. Lockdown Prompts Alcohol and Tobacco Usage The […]
Casino
November 20, 2020
AC Casinos Not Linked to COVID-19 Outbreaks, Says Gov. Murphy
At a briefing with state officials on Wednesday this week, Governor Phil Murphy revealed that the casino operators have managed their casino floors responsibly. Furthermore, the Governor noted that there is no evidence relating the recent outbreaks of positive COVID-19 patients and casinos in the state. Casino Operators Responsibly Manage Their Casino Floors During a […]
Business
November 20, 2020
Potential Second Shutdown In Nevada As Covid-19 Cases Skyrocket
Nevada Governor Steve Sisolak has announced possible measures against the spread of Covid-19, as the number of positive cases increases in the state. Mitigation Options Considered By Nevada Authorities Nevada currently faces a surge in Covid-19 cases, which prompted Governor Steve Sisolak to announce his administation is considering “all mitigation options” against the spread of […]
Casino
November 19, 2020
The Plaza in Las Vegas Adds AI to Fight Covid and Crime
The Plaza is going to leverage artificial intelligence provided by Patriots One Technologies Inc. to detect patrons’ body temperatures and identify potentially dangerous individuals concealing weapons about their person near the property. Las Vegas’ the Plaza Integrates AI to Clamp Down on Crime, Limit Infections Las Vegas has seen a number of challenges in recent […]
Business
November 18, 2020
Del Lago Lays Off 50 Employees After NY Governor Issues Covid-19 Restrictions
Del Lago said it will lay off 50 employees, as NY Governor Andrew Cuomo announced additional Covid-19 restrictions last week, which included a reduction in operating hours for casinos. Casinos Reduce Operating Hours The del Lago Resort & Casino has laid off 50 employees, following Governor Andrew Cuomo’s announcement of new Covid-19 restrictions last week. […]