Not all casinos will stay open as long as Casino de Spa in Belgium which opened in 1763 or the 400-year-old Casinò di Venezia on the Grand Canal. Sometimes the slots and tables will move from a riverboat to land as they did in Indiana, sometimes the casinos simply fail due to market forces or mismanagement as many have in Atlantic City. And while rarer, some will simply not open with a viable concept and close within a year as happened in Las Vegas in January 2018.
While not all closures result in the property being imploded, we cover those spectacular events here as well. In some instances a story in this section will lead you to more information in Mergers, Acquisitions and Partnerships; Fines, Lawsuits & Litigation; or Casino Sales. Whatever the future holds for the places haunted by Lady Luck, you will find their stories here.
In the United Kingdom and the Chancellor of the Exchequer, Rishi Sunak (pictured), has unveiled a new program that is aiming to prevent any large-scale job losses in the wake of the nation’s recent partial retu...
In the United Kingdom and yesterday’s decision by Prime Minister Boris Johnson to include casinos on the list of venues that must now shut by 10pm owing to the ongoing coronavirus pandemic has prompted a dire w...
The gambling regulator for the South American nation of Colombia has reportedly published measures that are to regulate the temporary legalization of online scratchcard and bingo games.
According to a report...
In Nepal and some 400 workers at the gambling-friendly Tiger Palace Resort Bhairahawa have reportedly had their employment terminated owing to the ongoing financial woes of the facility’s owner, Silver Heritage...
In Nevada and American casino operator Station Casinos has reportedly placed a pair of undeveloped sites it owns in the city of Reno up for sale as it continues to contend with the economic fallout of the ongoi...
South Korean casino operator Paradise Company Limited has reportedly announced that the gambling hall and hotel within its giant Paradise City development are set to re-open after being temporarily closed last ...
In the Philippines and the re-opening Solaire Resort and Casino has reportedly detailed the launch of a ‘phasing plan’ that should allow it to gradually increase capacity via the implementation of new safety an...
South Korean casino operator Paradise Company Limited has reportedly announced that its aggregated gaming revenues for August plummeted by 75% year-on-year to just over $14.55 million owing to a slump in visita...
In South Korea and the operator behind Kangwon Land Casino has reportedly announced that the facility has again postponed its planned full re-opening by a further two weeks following a recent spike in local cor...
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...
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...
In Finland and online and land-based gaming operator Veikkaus Oy has reportedly detailed that it expects its profit for the whole of 2020 to fall by up to €300 million ($353.1 million) year-on-year as a direct ...
In Australia and local casino operator The Star Entertainment Group Limited has reportedly recorded an overall loss of approximately $68.07 million for the twelve months to the end of June due in large part to ...
In New York and thousands of commercial casino workers are reportedly expected to descend upon the state capital this Thursday morning in hopes of persuading Governor Andrew Cuomo (pictured) to re-open their fa...
In the Philippines and President Rodrigo Duterte (pictured) has reportedly announced that the coronavirus-induced lockdown of metropolitan Manila is to be relaxed from tomorrow in an attempt to help jump-start ...