Economy/Finance | World Casino News

Macau records discouraging March casino revenues tally

April 1, 2020

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

Last month reportedly saw the 39 casinos in Macau record an almost 80% drop year-on-year in aggregated gross gaming revenues to slightly over $658.31 million due in large part to the ongoing impact of the coron...

Coronavirus concern prompts temporary closure of Vietnamese casinos

Adam Morgan

April 1, 2020

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

The threat of the ongoing coronavirus pandemic has reportedly prompted the government of Vietnam to institute a range of social distancing measures and order every one of its casinos to temporarily shut. Acc...

MGM Resorts International executives increase their shareholdings

Adam Morgan

April 1, 2020

U.S.A., Casino News, Latest Casino and Gambling News, Casino closures, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships

Some of the most prominent executives for MGM Resorts International are reportedly thought to have collectively spent over $10.3 million since Monday so as to purchase in excess of 900,000 shares in the America...

Shuttered Greektown Casino-Hotel opening its doors to first responders

Adam Morgan

March 31, 2020

Casino News, Latest Casino and Gambling News, Gaming Industry News, Casino closures, Economy/Finance, Mergers, Acquisitions & Partnerships, Michigan

In Michigan and the 400-room Greektown Casino-Hotel has reportedly opened its doors for free to local police officers, firefighters and emergency medical technicians who may be worried about the ongoing coronav...

Penn National Gaming Incorporated initiates coronavirus-related lay-offs

Adam Morgan

March 31, 2020

Casino Sales, U.S.A., Las Vegas, Casino News, Latest Casino and Gambling News, Casino closures, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Labor Relations

American regional casino operator Penn National Gaming Incorporated is reportedly set to lay off almost its entire workforce of approximately 26,000 people from tomorrow in an attempt to safeguard its long-term...

Wynn Macau Limited decides to forego annual dividend payment

Adam Morgan

March 31, 2020

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

The Wynn Macau Limited subsidiary of American casino operator Wynn Resorts Limited has reportedly announced that its board has decided not to pay investors a final dividend on its 2019 financial performance. ...

BonusFinder.com warning against overly-restrictive iGaming regulations

Adam Morgan

March 30, 2020

Sweden, Latest Casino and Gambling News, Online gambling regulation, Gaming Industry News, Economy/Finance, Online Poker, Poker, The Players Lounge, Online Gambling News, Germany

Online casino affiliate website BonusFinder.com has announced that almost a third of Swedish players are shunning their domestic industry’s restrictive regulations by going in search of iGaming entertainment vi...

Missouri temporarily bans unregulated slots to counter coronavirus threat

Adam Morgan

March 30, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Missouri

The ongoing coronavirus pandemic has reportedly prompted state health officials in Missouri to temporarily ban the operation of controversial slot-like machines that have become an ever-increasing fixture at ma...

African sportsbetting market being hurt by coronavirus shutdown

Adam Morgan

March 27, 2020

Kenya, Tanzania, Horse Racing, Casino News, Latest Casino and Gambling News, South Africa, Casino closures, Gaming Industry News, Economy/Finance, African Casino News, Sports betting, Online Gambling News, Fantasy Sports

The coronavirus pandemic that has led to the widespread shuttering of land-based gambling operations in Asia, Europe and North America is now reportedly ravaging across Africa and caused the continent’s sportsb...

Coronavirus shutdown forces Atlantic City casinos to instigate mass layoffs

Adam Morgan

March 27, 2020

Casino News, Latest Casino and Gambling News, Casino closures, Gaming Industry News, Economy/Finance, Labor Relations, New Jersey

Eleven days after being ordered to close in response to the ongoing coronavirus pandemic and yesterday reportedly saw most of the nine casinos in Atlantic City finally provide their employees with temporary lay...

Dividend decisiveness for MGM China Holdings Limited

Adam Morgan

March 27, 2020

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

Macau casino operator MGM China Holdings Limited has reportedly announced that its board has recommended spending just over $40.69 million so as to pay investors a final dividend on its 2019 financial performan...

Disappointing dividend decision from Boyd Gaming Corporation

Adam Morgan

March 26, 2020

U.S.A., Casino News, Latest Casino and Gambling News, Casino closures, Gaming Industry News, Economy/Finance

American casino operator Boyd Gaming Corporation has announced that it will not be paying investors a first-quarter dividend due to the financial uncertainty caused by the coronavirus-related shutdown of its al...

TCSJohnHuxley urging re-think on upcoming G2E Asia

Adam Morgan

March 26, 2020

Latest Casino and Gambling News, Gaming Industry News, Game manufacturers, Economy/Finance, Conferences / Trade Shows, Macau

British casino games and technologies innovator TCSJohnHuxley has penned a strongly-worded message to ask that the upcoming Global Gaming Exhibition (G2E) Asia extravaganza be further postponed or cancelled due...

Coronavirus crisis prompts Landry’s Incorporated layoffs

Adam Morgan

March 25, 2020

U.S.A., Casino News, Latest Casino and Gambling News, Gaming Industry News, Casino closures, Economy/Finance, Labor Relations

The billionaire boss for American casino and entertainments firm Landry’s Incorporated has reportedly revealed that his firm has been forced to temporarily lay off about 40,000 people as a result of the ongoing...

Las Vegas casino firms feeling the burn as shutdown enters its second week

Adam Morgan

March 25, 2020

Las Vegas, Casino News, Latest Casino and Gambling News, Casino closures, Gaming Industry News, Economy/Finance, Labor Relations

2

Casino operators in Las Vegas are reportedly losing up to $14.4 million every day as a result of the city’s coronavirus-related shutdown and may now have as little as five months before they completely run out ...

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Macau records discouraging March casino revenues tally

Coronavirus concern prompts temporary closure of Vietnamese casinos

MGM Resorts International executives increase their shareholdings

Shuttered Greektown Casino-Hotel opening its doors to first responders

Penn National Gaming Incorporated initiates coronavirus-related lay-offs

Wynn Macau Limited decides to forego annual dividend payment

BonusFinder.com warning against overly-restrictive iGaming regulations

African sportsbetting market being hurt by coronavirus shutdown

Coronavirus shutdown forces Atlantic City casinos to instigate mass layoffs

Dividend decisiveness for MGM China Holdings Limited

Disappointing dividend decision from Boyd Gaming Corporation

TCSJohnHuxley urging re-think on upcoming G2E Asia

Coronavirus crisis prompts Landry’s Incorporated layoffs

Las Vegas casino firms feeling the burn as shutdown enters its second week

Tax Change in Trump’s ‘Big Beautiful Bill’ Could Devastate Professional Gamblers

Santan Mountain Casino Unveils New Bingo Hall with Four-Day Celebration

Court Rejects Underdog’s Bid to Block AG’s DFS Opinion as PrizePicks Adapts

PrizePicks Shifts California Fantasy Sports Game to Peer-to-Peer Model

Michigan Orders 19 Unlicensed Gambling Sites to Shut Down