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.
In South Korea and local casino operator Grand Korea Leisure Company Limited has reportedly released its first-quarter financial results showing that its loss for the three-month period had increased by over 35...
Okura Holdings Ltd is a pachinko hall operator in Japan which recently announced that two of its halls are closing permanently. The two facilities were impacted greatly by the COVID-19 pandemic, so much so, tha...
The Philippine Amusement and Gaming Corporation (PAGCor) has reportedly announced that its aggregated gross gaming revenues for the first three months of the year dropped by 51.4% on a comparative basis to just...
In the Netherlands and state-owned casino operator Holland Casino has released its financial results for 2020 showing that it experienced a loss of €80.7 million ($97 million) owing to restrictions associated w...
In the Philippines and the operator behind the giant Okada Manila integrated casino resort has reportedly detailed that the 993-room property saw its first-quarter gross gaming revenues decrease by some 42% yea...
In the Philippines and President Rodrigo Duterte has reportedly announced the partial easing of a strict set of quarantine measures brought in some two weeks ago in order to help stop the spread of the coronavi...
In western Canada and a pair of tribal casino operators are reportedly suing the Alberta Gaming, Liquor and Cannabis Commission regulator amid claims that the body’s recently-launched PlayAlberta.com domain is ...
In the Philippines and the owner of the giant Okada Manila casino resort has reportedly announced the termination of a deal that was to have seen it sell an adjacent nine-acre plot of land for approximately $27...
South African casino operator Sun International Limited has reportedly released its audited financial results for the twelve months to the end of December showing an overall loss of almost $82.51 million.
Ac...
In the Commonwealth of the Northern Mariana Islands and beleaguered casino operator Imperial Pacific International Holdings Limited has reportedly been told that it will be placed into receivership if it does n...
The boss for Asian casino operator Donaco International Limited has reportedly announced that he does not expect the government of Thailand to legalize gambling any time soon despite the recent emergence of rum...
Asian casino operator Donaco International Limited has announced that it has no intention of selling its gambling-friendly Aristo International Hotel venue despite a recent coronavirus-related downturn in busin...
In South Korea and local casino operator Paradise Company Limited has reportedly announced that its aggregated gross gaming revenues for January fell by almost 61.8% year-on-year to approximately $24.44 million...
French casino operator Groupe Partouche has reportedly announced that its aggregated gross gaming revenues for the twelve months to the end of October declined by some 21.8% year-on-year to €525.7 million ($635...
In Macau and a leading government official has reportedly declared that it is an ‘inevitable reality’ that the number of VIP gaming clubs will continue to decrease as a direct result of the coronavirus pandemic...