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Veikkaus Oy unveils projected opening date for Finland’s new Casino Tampere

September 1, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Finland

In Finland and state-owned gaming operator Veikkaus Oy has reportedly announced that it hopes to begin welcoming guests to its latest land-based casino in the southern city of Tampere from December of next year...

Macau casinos record disappointing August gaming revenues

Adam Morgan

September 1, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau

The 39 casinos in Macau reportedly continued to be negatively impacted by the coronavirus pandemic last month as their aggregated gross gaming revenues decreased by 94.5% year-on-year to stand at just over $166...

MGM cuts 1,100 workers at Detroit casino as part of massive company layoffs; 18,000 to permanently lose jobs

K Morrison

September 1, 2020

Latest Casino and Gambling News, Casino News, North America Casino News, Gaming Industry News, Economy/Finance, Labor Relations, Michigan

MGM Resorts International (NYSE: MGM), the country's largest employer of casino workers, on Monday confirmed that approximately 1,100 employees at its MGM Grand Detroit property are facing layoffs as part of a ...

PokerStars announces iGaming exit from China, Macau and Taiwan

Adam Morgan

September 1, 2020

Taiwan, Latest Casino and Gambling News, China, Online gambling regulation, Gaming Industry News, Economy/Finance, Online Poker, Poker, The Players Lounge, Asian Casino News, Online Gambling News, Macau

As part of an ongoing effort to improve its compliance standards, giant online casino and sportsbetting operator Flutter Entertainment has reportedly announced the exit of its PokerStars iGaming brand from Chin...

Imperial Palace Saipan operator asks for nine-year casino license fee relief

Adam Morgan

September 1, 2020

Casino News, Latest Casino and Gambling News, Casino closures, Gaming Industry News, Economy/Finance, Saipan, Licenses, Fines, Lawsuits & Litigation

In the Commonwealth of the Northern Mariana Islands and the operator behind the under-construction Imperial Palace Saipan has reportedly asked for a nine-year abatement to its annual $15.5 million casino licens...

Manila integrated casino resorts may soon be allowed to partially re-open

Adam Morgan

August 31, 2020

Casino News, Latest Casino and Gambling News, Casino openings, Casino closures, Gaming Industry News, Economy/Finance, Philippines

The Philippine Amusement and Gaming Corporation (PAGCor) regulator has reportedly announced that some of Manila’s giant integrated casino resorts may soon be allowed to partially emerge from their coronavirus-i...

NayonLanding proposal given more time to find a new home

Adam Morgan

August 31, 2020

Casino proposals, Latest Casino and Gambling News, Casino News, Casino project updates, Gaming Industry News, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Philippines

In the Philippines and casino operator Landing International Development Limited has reportedly announced that it has been given more time to find a suitable Manila home for its envisioned NayonLanding developm...

Mashpee Wampanoag Tribe issued with second federal subpoena

Adam Morgan

August 31, 2020

Latest Casino and Gambling News, Tribal Gaming, Casino proposals, Casino News, Gaming Industry News, Economy/Finance, Fines, Lawsuits & Litigation, Massachusetts

In Massachusetts and Cedric Cromwell (pictured) has reportedly narrowly escaped being removed from his post as Chairman for the embattled Mashpee Wampanoag Tribe after the 2,600-strong community was hit with a ...

Gambling Commission initiates National Lottery license tender

Adam Morgan

August 31, 2020

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Lottery, Licenses, Mergers, Acquisitions & Partnerships, United Kingdom

In the United Kingdom and the Gambling Commission regulator has announced the launch of the process that is to formally decide who will be granted the next ten-year license to operate the country’s National Lot...

Ainsworth to eliminate 107 positions: responds to AU$43 million COVID-19 related loss

K Morrison

August 27, 2020

Latest Casino and Gambling News, Australia, Gaming Industry News, Game manufacturers, Economy/Finance, Oceania Casino News, Labor Relations

In response to its FY20 financial results, Australia-based manufacturer and supplier of gaming solutions, Ainsworth Game Technology (AGT) (AGI:ASE), has decided to eliminate 107 roles to help mitigate the impac...

Tighter restrictions on Illinois gaming to combat COVID-19 surge spells less tax revenue for Joliet

K Morrison

August 27, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Illinois

New restrictions placed on licensed gaming operations at all Illinois casinos and video gaming locations to combat a resurgence of COVID-19 are expected to significantly affect tax revenues received for the cit...

Vietnam Casinos See Revenue Growth Thanks to Gambling Locals

Sadonna Price

August 27, 2020

Latest Casino and Gambling News, Economy/Finance, Vietnam

Revenue totals for eight operational casinos in Vietnam have been reported, with the region showing a combined total of $107.4 million. This is an amazing 60% increase from 2019. The casinos were able to see an...

New Recovery Plan for British horseracing presents “unified approach”

K Morrison

August 26, 2020

Horse Racing, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, European Casino News, United Kingdom

In the United Kingdom, leading horse racing bodies have agreed on a recovery plan for British racing that seeks to restore revenues and racing activities that have been affected by the coronavirus pandemic. ...

Summit Ascent to limit Tigre de Cristal Phase II expansion as COVID-19 sees nearly 63 percent revenue drop in 1H20

K Morrison

August 25, 2020

Latest Casino and Gambling News, Casino News, Casino expansion projects, Gaming Industry News, Casino project updates, Economy/Finance, Russia

Hong Kong-based investment holding company Summit Ascent Holdings Limited (102:Hong Kong) will reportedly begin construction on the US$200 million phase two of Tigre de Cristal located in Russia's Primorye Inte...

Second quarter revenue reports show Atlantic City casinos short $112m

Sadonna Price

August 25, 2020

Latest Casino and Gambling News, Economy/Finance, New Jersey

The second-quarter revenue reports are in for Atlantic City and the results are less than stellar. The three month time period, with reporting for April, May, and June, is the first time since gambling started ...

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Veikkaus Oy unveils projected opening date for Finland’s new Casino Tampere

Macau casinos record disappointing August gaming revenues

MGM cuts 1,100 workers at Detroit casino as part of massive company layoffs; 18,000 to permanently lose jobs

PokerStars announces iGaming exit from China, Macau and Taiwan

Imperial Palace Saipan operator asks for nine-year casino license fee relief

NayonLanding proposal given more time to find a new home

Mashpee Wampanoag Tribe issued with second federal subpoena

Gambling Commission initiates National Lottery license tender

Ainsworth to eliminate 107 positions: responds to AU$43 million COVID-19 related loss

Tighter restrictions on Illinois gaming to combat COVID-19 surge spells less tax revenue for Joliet

Vietnam Casinos See Revenue Growth Thanks to Gambling Locals

New Recovery Plan for British horseracing presents “unified approach”

Summit Ascent to limit Tigre de Cristal Phase II expansion as COVID-19 sees nearly 63 percent revenue drop in 1H20

Second quarter revenue reports show Atlantic City casinos short $112m

Malaysia Explores Possibility of Issuing 2nd Casino License for Forest City Project; Possible Negative Effects for Marina Bay Sands and Genting Group

Operator of Hollywood Casino at Meadows Pays $10,000 Fine for Breaching Problem Gaming Rules

Push Gaming Joins Forces With Slots Temple, Launches DJ Cat Online Slot Sequel

Soft2Bet and CampoBet Partner to Launch New Product in Denmark

PENN Opens Its First ESPN BET Brick-and-Mortar Sportsbook in Detroit