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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
Circle Eight Games Joins Yggdrasil’s YG Masters
Independent game studio Circle Eight Games announced on November 23 that it has joined Yggdrasil’s program YG Masters. GATI Tech Boosts YG Masters’ Growth US-based game studio Circle Eight Games just signed up with leading iGaming supplier Yggdrasil’s content platform YG Masters and will have access to its GATI technology (Game Adaptation Tools and Interface) […]
Industry
November 23, 2020
Coalition Asks Massachusetts Legislators to Pass Sports Betting Bill
Massachusetts legislators were asked Friday to decide on adding sports betting to the legislature by a group of state sports teams and gaming operators. New Job Opportunities and Revenue for The State On November 20, a coalition of gaming companies and sports teams asked the Massachusetts Legislature to pass a sports betting bill before the […]
Business
November 23, 2020
GNOG Gains West Virginia Market Access via America’s Resort
Golden Nugget Online Gaming (GNOG) announced today it secured an entry into a 5th state, after signing a definitive agreement for market access in West Virginia with the Greenbrier Hotel Corporation. Mobile Sports Betting and iGaming Partner The terms of the partnership deal between the online gaming operator spun out of Golden Nugget and the […]
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
Las Vegas Casinos Go Down to 25% Capacity for Three Weeks
Further restrictions for casinos in Nevada are entering from Tuesday after Gov. Steve Sisolak announced a three-week statewide pause in a late Sunday virtual press conference. Casinos will have to limit their capacity to 25% due to the spike in the daily number of new coronavirus cases. Rising New Daily Virus Cases Having daily number […]
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 […]
Industry
November 23, 2020
Several Gaming Companies Report Better Than Expected Performance During Pandemic
A number of casino companies have reported an improvement in their quarterly revenue, despite a slow recovery from the impact of the pandemic and a surge in positive cases in the US. Retail Casino Revenue Tripled Since Q2 Despite the economic impact of the Covid-19 pandemic on the casino industry, some gaming companies reported a […]
Business
November 22, 2020
IGC May Extend Deadline for Horseshoe Hammond Casino Sale
State regulators in Indiana are likely to extend the term of casino divestiture due to the uncertainty in the casino industry amid the impact from the coronavirus. Additional Year in the Works The Indiana Gaming Commission (IGC) is expected to revise the terms for Caesars Entertainment regarding the sale of its casino properties in the […]
Business
November 22, 2020
New Jersey Gaming Regulators Set Hearing for Golden Nugget’s New Online Gaming Venture
Golden Nugget has petitioned New Jersey’s gaming regulators to approve its merger with Landcadia II, in order to launch its new online gaming venture in the state. Special Meeting To Be Held Next Wednesday Golden Nugget Online Gaming Inc. has asked the state of New Jersey to approve its merger agreement with special purpose acquisition […]