Labor Relations

Economic value of Macau gaming industry falls as a result of coronavirus

September 13, 2021

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

The over 40 casinos in Macau reportedly saw their combined 2020 contribution to the local economy drop by 79.6% year-on-year to around $5.22 billion as the coronavirus pandemic sent visitor numbers plummeting. ...

Melco Resorts and Entertainment Limited premieres share purchase scheme

Adam Morgan

July 9, 2021

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Employment & Careers, Macau, Mergers, Acquisitions & Partnerships, Labor Relations

In Macau and casino operator Melco Resorts and Entertainment Limited has reportedly announced the launch of a special share purchase program for the members of its management who participated in last year’s vol...

Macau legislators call on government to run a casino performance assessment

Adam Morgan

May 17, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Licenses, Macau, Labor Relations

In Macau and a group of legislators have reportedly called on the government to institute an official assessment regarding just how the city’s current crop of six licensed casino operators have performed over t...

Sun International Limited annual financials hit by coronavirus consequences

Adam Morgan

March 23, 2021

Latest Casino and Gambling News, South Africa, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Labor Relations

South African casino operator Sun International Limited has reportedly released its audited financial results for the twelve months to the end of December showing an overall loss of almost $82.51 million. Ac...

Betfred Sports and SCCG Management Signs Marketing Deal with the Colorado Rockies

David Green

March 5, 2021

NFL, MLB, Online Gambling News, Sports betting, Labor Relations, Financial Press Releases

On Wednesday, March 3rd, 2021 Betfred Sports who is proudly represented by SCCG Management signs a juicy multi – year marketing and sponsorship agreement to partner with the Colorado Rockies franchise of Major ...

Genting Malaysia Berhad to instigate second round of pay cuts

Adam Morgan

March 4, 2021

Latest Casino and Gambling News, Casino News, Casino openings, Gaming Industry News, Economy/Finance, Malaysia, Labor Relations

Asian casino operator Genting Malaysia Berhad is reportedly planning to implement a second round of temporary salary cuts in an attempt to reduce costs following a recent downturn in business caused by the ongo...

Under-construction Naga Vladivostok set to receive local government help

Adam Morgan

February 10, 2021

Latest Casino and Gambling News, Casino proposals, Casino News, Casino openings, Gaming Industry News, Casino project updates, Economy/Finance, Labor Relations, Russia

In Russia and the government for the Far Eastern province of Primorsky Krai has reportedly announced that it is to help casino operator NagaCorp Limited speed up construction on its $350 million Naga Vladivosto...

Revenue losses caused by ongoing coronavirus pandemic forces Navajo Nation to lay off 1,100-plus workers at casinos in Arizona and New Mexico

K Morrison

January 3, 2021

Latest Casino and Gambling News, Tribal Gaming, Casino News, Gaming Industry News, Arizona, Economy/Finance, Labor Relations, New Mexico

In Arizona and New Mexico, more than 1,100 workers at Navajo Nation-operated casinos were temporarily laid off on New Year's Day due to prolonged closures caused by the ongoing coronavirus pandemic. The deci...

Maltese injunction puts NetEnt AB job losses on hold

Adam Morgan

December 15, 2020

Online gaming software, Latest Casino and Gambling News, Economy/Finance, Employment & Careers, Online Gambling News, Mergers, Acquisitions & Partnerships, Labor Relations, Fines, Lawsuits & Litigation, Malta

In Malta and online casino software developer NetEnt AB has reportedly been hit with an injunction that has temporarily prevented it from instituting over 300 redundancies as part of its recent acquisition by E...

Tak Chun Group initiates voluntary redundancy payment program

Adam Morgan

December 1, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Employment & Careers, Macau, Labor Relations

In Macau and prominent casino junket operator Tak Chun Group has reportedly announced the initiation of a program that is to see it offer one-off cash payments to staff members who voluntarily agree to resign. ...

Imperial Pacific International Holdings Limited apathetic to Chinese ‘blacklist’

Adam Morgan

December 1, 2020

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

In the Commonwealth of the Northern Mariana Islands and the boss for beleaguered casino operator Imperial Pacific International Holdings Limited has reportedly expressed his indifference concerning China’s ‘bla...

Financial difficulties continue for Imperial Pacific International Holdings Limited

Adam Morgan

November 20, 2020

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

In the Commonwealth of the Northern Mariana Islands and besieged casino operator Imperial Pacific International Holdings Limited is reportedly set to be officially investigated after failing to pay its employee...

Gun Lake Casino employees see over $611K in quarterly incentives

K Morrison

November 11, 2020

Latest Casino and Gambling News, Tribal Gaming, Casino News, Casino expansion projects, Gaming Industry News, Casino project updates, Labor Relations, Michigan

At a time when thousands of gaming workers across the nation are being laid off and furloughed due to the impact of COVID-19, Gun Lake Casino in Wayland, Michigan distributed quarterly incentives totaling more ...

Macau casino workers struggling after being forced to take unpaid leave

Adam Morgan

November 9, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino openings, Gaming Industry News, Economy/Finance, Employment & Careers, Macau, Labor Relations

In Macau and a new survey has reportedly determined that almost 60% of casino workers are currently wrestling with financial hardship after being forced to take unpaid leave due to the economic downturn caused ...

MGM Resorts mulls partial closures of some Las Vegas Strip casinos

K Morrison

November 2, 2020

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

"Soft demand" amid the coronavirus pandemic has MGM Resorts International (MGM:NYSE) contemplating the partial closure of some of its properties on the Las Vegas Strip, according to local news agencies. Duri...