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.
A leading brokerage firm has reportedly predicted that an ongoing casino shutdown in Macau could eventually push the city’s aggregated gross gaming revenues for the entirety of February down by as much as 95% y...
In Macau and the Legend Palace Hotel has reportedly become the latest of the city’s 121 hotel’s to temporarily close owing to a lack of bookings engendered by the recent ‘Wuhan virus’ outbreak.
According to ...
The boss for American casino operator Wynn Resorts Limited has reportedly explained that the temporary shutdown of his firm’s two Macau properties is costing the company up to $2.6 million every day.
Accordi...
The casino market in Macau could reportedly recover in the second half of the year so long as the ongoing ‘Wuhan virus’ outbreak can be quickly contained and consumer confidence in neighboring China remains rel...
The 41 casinos in Macau are to reportedly be temporarily shuttered for a 15-day period from midnight local time tonight as the city attempts to counter the ‘Wuhan virus’ outbreak that has so far killed over 420...
In Greece and casinos in the communities of Rio and Alexandroupoli have reportedly been ordered to close temporarily after being found guilty of not honoring their commitments to the nation’s social security fu...
In New Jersey and the mayor for Atlantic City has reportedly announced that one of his main goals for the coming year is to get the shuttered building that once housed the Trump Plaza Hotel and Casino demolishe...
In Nevada and prominent casino operator, Caesars Entertainment Corporation, is reportedly set to abandon the iconic Harrah’s Reno property as part of its planned $17.3 billion merger with rival Eldorado Resorts...
In Ireland and the operator behind the Fitzwilliam Casino and Card Club has reportedly announced that it has closed the Dublin venue following the passage of new federal legislation that is due to eliminate all...
The waning popularity of greyhound racing in the United States has reportedly claimed another victim following news that eastern Arkansas’ Southland Casino Racing is to cease offering such contests from the end...
Less than five days after ordering the Philippine Charity Sweepstakes Office (PCSO) to suspend all operations, and Philippines President, Rodrigo Duterte, has now reversed this decision.
According to reports...
Philippines President, Rodrigo Duterte, has reportedly ordered the Philippine Charity Sweepstakes Office (PCSO) to close every one of its lottery and gaming operations amid allegations that there is ‘massive co...
In the United Kingdom, giant bookmaker William Hill has reportedly announced plans to close up to 700 shops as it looks to offset some £820 million ($1.02 billion) it is due to lose as a result of the nation’s ...
After revealing in a January Securities and Exchange Commission (SEC) filing that it would be shutting down 'video gaming machine operations and food and beverage service' at Monticello Raceway in New York, the...
In Las Vegas, a local businessman has reportedly paid approximately $36 million to purchase the former Lucky Dragon Hotel and Casino and now has plans to re-open the shuttered property as a non-gaming hotel.
...