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.
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.
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After two years of ownership, Pennsylvania-based gaming and racing operator, Penn National Gaming, Inc. (PENN: NASDAQ) announced Tuesday that effective June 30, 2019, operations at its Resorts Casino Tunica pro...
Asian casino operator, Silver Heritage Group Limited, has announced that it is to receive some $5.25 million in compensation after agreeing a deal linked to the recent closure of its gaming operation inside nor...
Effective this morning, the Phoenix International Club will cease all casino operations. The property is located in Vietnam in the area of Hanoi, operated by the Silver Heritage Group, an Australian-listed gami...
In northern Italy, last summer’s decision to temporarily close one of Europe’s oldest casinos has reportedly devastated its host community and left over 200 creditors out of pocket to the combined tune of appro...
Casino operations at Monticello Casino and Raceway in Thompson in Sullivan County, New York will soon be shut down, however, the harness racing track will remain open for business, at least for the time being.
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By the end of January, Tunica, Mississippi will be home to one less casino. Caesars Entertainment Corp. announced last week that they were closing their Tunica Roadhouse Casino in light of saturation within the...
In Greece, local casino operator, Theros International Gaming Incorporated, has reportedly changed the name of its Porto Rio Hotel and Casino after being forced to indefinitely close the seaside venue’s gamblin...
In Russia, Prime Minister Dmitry Medvedev (pictured) has reportedly signed an official order that will see the casino gambling zone near the southern city of Azov closed from the last day of December.
A deca...
In New Jersey, the deal that was to have seen Stockton University purchase the 20-acre site that was once home to The Atlantic Club Casino Hotel has reportedly fallen through with no desired purchase price ever...
In Nevada, some 178 foreign investors who each stumped up approximately $550,000 to help bring The Lucky Dragon Hotel and Casino to the north end of the Las Vegas Strip could reportedly be set to lose the entir...
In New Jersey, the board of trustees for Stockton University has reportedly approved a deal that would see the public college purchase the 20-acre site that was once home to The Atlantic Club Casino Hotel in ho...