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.
Prominent iGaming and sportsbook operator GVC Holdings has advised investors that it may lose up to £7 million ($9 million) as a direct result of the proposed month-long coronavirus-related closure of its land-...
The Philippine Amusement and Gaming Corporation (PAGCor) has reportedly announced that its aggregated gross gaming revenues for the first nine months of the year dropped by 60% on a comparative basis to around ...
In the United Kingdom and a senior executive for land-based and online gaming operator Rank Group has criticized a government decision that is to see casinos and bingo halls temporarily closed across large trac...
Recently-closed casinos in nine French communities are reportedly eagerly awaiting news as to whether they are to receive fresh tax exemptions and access to a new solidarity fund.
According to a Monday repor...
In the Commonwealth of the Northern Mariana Islands and besieged casino operator Imperial Pacific International Holdings Limited has reportedly asked a federal court to allow a foreign investor to place slightl...
In the United Kingdom and the Betting and Gaming Council has declared that it is unhappy with today’s decision from Prime Minister Boris Johnson (pictured) to temporarily close all casinos and retail betting sh...
American casino operator Penn National Gaming Incorporated has reportedly announced that its top three executives have had their full salaries restored following the earlier implementation of coronavirus-linked...
Canadian casino operator Gateway Casinos and Entertainment Limited is reportedly set to receive a federal loan worth approximately $150.2 million to help it weather a slowdown in business brought on by the rece...
Australian casino operator Crown Resorts Limited has reportedly announced that it has suspended ‘all activity’ with external junket operators until the end of June as part of an in-house review into its ‘compli...
In the United Kingdom and the Chancellor of the Exchequer, Rishi Sunak (pictured), has unveiled a new program that is aiming to prevent any large-scale job losses in the wake of the nation’s recent partial retu...
In the United Kingdom and yesterday’s decision by Prime Minister Boris Johnson to include casinos on the list of venues that must now shut by 10pm owing to the ongoing coronavirus pandemic has prompted a dire w...
The gambling regulator for the South American nation of Colombia has reportedly published measures that are to regulate the temporary legalization of online scratchcard and bingo games.
According to a report...
In Nepal and some 400 workers at the gambling-friendly Tiger Palace Resort Bhairahawa have reportedly had their employment terminated owing to the ongoing financial woes of the facility’s owner, Silver Heritage...
In Nevada and American casino operator Station Casinos has reportedly placed a pair of undeveloped sites it owns in the city of Reno up for sale as it continues to contend with the economic fallout of the ongoi...
South Korean casino operator Paradise Company Limited has reportedly announced that the gambling hall and hotel within its giant Paradise City development are set to re-open after being temporarily closed last ...