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.
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.
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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...
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...
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...
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...
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...
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 ...
The senior leadership of American casino operator Wynn Resorts Limited has reportedly announced that it will be forgoing some or all of its salaries for 2020 in an attempt to help mitigate the financial impacts...
In the United Kingdom and a cross-party group of MPs has reportedly urged online casino and sportsbetting firms to institute a temporary daily betting limit of £50 ($58.76) so as to help prevent customers from ...
In the United Kingdom and Friday reportedly saw the government order every one of the nation’s casinos, betting shops and bingo halls to shut for a month in order to help stop the spread of a highly-contagious ...
American casino operator, MGM Resorts International, has announced that Bill Hornbuckle (pictured) has been selected to replace the outgoing James Murren as its latest Chief Executive Officer.
The Las Vegas-...
In the Netherlands and the Kansspelautoriteit (KSA) gambling regulator has reportedly announced that unlicensed iGaming operators found guilty of using the current coronavirus pandemic to promote their services...
Tuesday’s decision from Nevada Governor Steve Sisolak to immediately shutter every one of the western state’s 219 commercial casinos so as to help stop the spread of the coronavirus pandemic has reportedly put ...
Ongoing anxieties concerning the global coronavirus pandemic have recently sent stock prices falling around the world while yesterday reportedly saw the value of shares in Macau’s six licensed casino operators ...
In the United States and the National Indian Gaming Association (NIGA) has reportedly asked the federal government to help its members offset the financial consequences of the ongoing coronavirus outbreak by ha...