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.
American casino operator, Las Vegas Sands Corporation, has reportedly announced the suspension of its dividend program for 2019 so as to give it ‘maximum optionality’ in securing returns following the end of th...
Japanese pachinko, slot and arcade games manufacturer Universal Entertainment Corporation has reportedly detailed that it expects to record comparable drops in its net income and aggregate sales for the twelve ...
Representatives for some of the largest casino operators in the United States are reportedly holding informal meetings in order to discuss possible ways to re-open Las Vegas to gamblers following the conclusion...
In New Jersey and Eldorado Resorts Incorporated has reportedly laid off almost the entire workforce at its Tropicana Atlantic City venue as the coronavirus-related closure of the state’s nine casinos enters its...
Asian casino operator Bloomberry Resorts Corporation has reportedly announced that it will be taking steps to further diversify its investment portfolio so as to better shield itself from the impact of future d...
The Wynn Macau Limited subsidiary of American casino operator Wynn Resorts Limited has reportedly drawn some $50 million from a revolving $74 million credit facility in an attempt to counter the ongoing financi...
Connecticut Governor Ned Lamont (pictured) has reportedly dismissed a plea that he should use his emergency powers to unilaterally grant the state’s two casino-operating tribes the right to offer online gaming ...
The government of Singapore has reportedly ordered the city-state’s two giant integrated casino resorts to close for a month as it steps up efforts to combat a coronavirus pandemic that is so far thought to hav...
Many of the tribal casinos in California recently closed as part of the state’s campaign to help stop the spread of the potentially-deadly coronavirus pandemic could be seriously wounded should they not be allo...
Consistent with Gov. Charlie Baker's (R) recent order to extend a stay-at-home advisory until the first week of May, the Massachusetts Gaming Commission on Friday voted to add another month to the temporary shu...
South Korean casino operator, Paradise Company Limited, has reportedly released its financial results for March showing that aggregated gross gaming revenues had decreased by over 60% year-on-year to stand at s...
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...
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...
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...
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...