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.
Permanent closure might be imminent for four Station Casino resorts in Southern Nevada, according to Frank Fertitta III, Chief Executive Officer of parent company Red Rock Resorts Inc. (NASDAQ: RRR).
Accordi...
In the western American state of Nevada and Governor Steve Sisolak (pictured) has reportedly announced that the coronavirus-related prohibition on the operation of bar-top slots is to remain in place for the ci...
Casinos and other gambling establishments in metropolitan Manila are reportedly set to remain shuttered until at least August 15 after the federal government extended the giant conurbation’s ‘general community ...
The Philippine Amusement and Gaming Corporation (PAGCor) has reportedly recorded a first-half net deficit of approximately $32.5 million largely due to the nation’s coronavirus-related closure of its gaming fac...
In Macau and the number of people employed by the enclave’s many casino junket operators reportedly dropped by around 5,200 during the three months to the end of June to approximately 82,300.
According to a ...
American casino operator Wynn Resorts Limited has reportedly announced that it will be laying off an unspecified number of workers at its two Las Vegas properties owing to a slow-down in business being blamed o...
In the Philippines and President Rodrigo Duterte has reportedly responded to a recent local spike in the prevalence of coronavirus by extending the lockdown program for metropolitan Manila by a further two week...
Asian casino operator Summit Ascent Holdings Limited has reportedly announced that it has been granted official permission to revive operations at its Tigre De Cristal facility following an over 15-week shutdow...
After being temporarily shuttered in mid-March due to the coronavirus pandemic and the three casinos in Detroit have now reportedly announced first-half aggregated gross gaming revenues that are 59.3% lower yea...
In upstate New York and more than 4,200 people have reportedly been told that they are to be made officially redundant as a result of the ongoing coronavirus-related shutdowns of the eastern state’s four large ...
Betting shops in Scotland are reportedly celebrating after being told that they are to be allowed to fully re-open from next week without having to follow a strict set of rules that had barred such venues from ...
In Macau and local junket operator, Macau Golden Group, has reportedly announced that it will be temporarily closing the trio of VIP gaming lounges it runs within the iconic Hotel Lisboa from the end of the mon...
In Australia and casino operator Crown Resorts Limited has reportedly been told that it will be forced to keep its flagship Crown Melbourne facility shuttered for at least another six weeks following a local re...
In eastern Germany and a new regulation that is due to see the number of slot arcades in the city of Berlin drop by around 80% has reportedly provoked condemnation from a number of operators including Gauselman...
South Korean casino operator Paradise Company Limited has reportedly released its financial results for June showing that it had experienced a decrease of 80.8% year-on-year in aggregated gross gaming revenues ...