Coronavirus | World Casino News

Century Casinos Incorporated’s coronavirus-tinged financials please backers

August 10, 2020

Latest Casino and Gambling News, U.S.A., Casino News, Casino openings, Canada, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships

American casino operator Century Casinos Incorporated has reportedly satisfied investors with its second-quarter financial results despite posting a 31% year-on-year drop in net revenues to $31.6 million. Ac...

Macau to partially revive IVS facility for Chinese visitors from Wednesday

Adam Morgan

August 10, 2020

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Macau

The long drought of Chinese tourists entering Macau could soon reportedly be coming to an end following news that local officials have decided to partially revive the Individual Visit Scheme (IVS) for mainland ...

Resorts World Sentosa posts worst ever quarterly numbers

Adam Morgan

August 7, 2020

Latest Casino and Gambling News, Casino News, Casino openings, Gaming Industry News, Economy/Finance, Labor Relations, Singapore

In Singapore and the operator behind the giant Resorts World Sentosa development has reportedly announced that it recorded a second-quarter net loss of some $119.2 million as overall gaming revenues crashed by ...

Golden Entertainment Incorporated looking for ‘bite-sized’ acquisitions

Adam Morgan

August 7, 2020

Latest Casino and Gambling News, Casino News, Casino openings, Gaming Industry News, Economy/Finance, Mergers, Acquisitions & Partnerships, Nevada

The boss for American casino operator Golden Entertainment Incorporated has reportedly announced that his firm will be on the lookout for ‘smaller bite-sized’ acquisitions over the course of the next 18 months....

William Hill will not be re-opening 119 British shops post-lockdown

Adam Morgan

August 6, 2020

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Employment & Careers, Sports betting, United Kingdom

In the United Kingdom and prominent high street bookmaker William Hill has reportedly revealed that it will not be re-opening 119 of its shops following the recent partial lifting of a coronavirus-related lockd...

Nevada legislators approve coronavirus liability measure

Adam Morgan

August 6, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Labor Relations, Nevada

Legislators in Nevada have reportedly passed a controversial measure that would exempt certain industries from being sued should their workers get ill as a direct result of the coronavirus pandemic. Accordin...

Sega Sammy Holdings Incorporated records $31.3 million quarterly loss

Adam Morgan

August 6, 2020

Latest Casino and Gambling News, Gaming Industry News, Game manufacturers, Economy/Finance, Japan, Mergers, Acquisitions & Partnerships

Japanese gaming conglomerate Sega Sammy Holdings Incorporated has reportedly recorded a worrying loss of approximately $31.3 million for the second quarter as the ongoing coronavirus pandemic hurt sales across ...

Wynn Macau Limited experiences second-quarter disappointment

Adam Morgan

August 5, 2020

Latest Casino and Gambling News, Las Vegas, Casino News, Gaming Industry News, Economy/Finance, Macau

Asian casino operator Wynn Macau Limited has reportedly released its unaudited financial results for the second quarter showing that it experienced a drop of 98.2% year-on-year in overall operating revenues to ...

Coronavirus consequences see IGT post a second-quarter loss of $94 million

Adam Morgan

August 5, 2020

Latest Casino and Gambling News, Gaming Industry News, Technology, Game manufacturers, Economy/Finance, Lottery, Online Gambling News, United Kingdom

British lottery and gaming machines innovator International Game Technology (IGT) reportedly recorded an overall loss of $94 million for the second quarter of the year owing to a downturn in business caused by ...

No reprieve for bar-top slot operators in Las Vegas and Reno

Adam Morgan

August 4, 2020

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino openings, Casino closures, Gaming Industry News, Economy/Finance, Nevada

In the western American state of Nevada and Governor Steve Sisolak (pictured) has reportedly announced that the coronavirus-related prohibition on the operation of bar-top slots is to remain in place for the ci...

Wynn Resorts Limited closes Japanese office in Yokohama

Adam Morgan

August 4, 2020

Latest Casino and Gambling News, Casino proposals, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Japan, Licenses

American casino operator Wynn Resorts Limited has reportedly closed its office in the Japanese city of Yokohama as part of an ongoing reassessment of its global operations brought about by the coronavirus pande...

MGM China Holdings Limited details dire second-quarter financials

Adam Morgan

July 31, 2020

Latest Casino and Gambling News, Las Vegas, Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Macau, Sports betting

The MGM China Holdings Limited subsidiary of American casino operator MGM Resorts International has reportedly released its second-quarter financial results showing that its net revenues tumbled by 95% year-on-...

Minority stake for MGM Resorts International in planned Osaka casino project

Adam Morgan

July 31, 2020

Latest Casino and Gambling News, Casino proposals, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Japan, Licenses, Mergers, Acquisitions & Partnerships

The newly-installed boss for American casino operator MGM Resorts International has reportedly revealed that his company will hold a minority stake in the gambling-friendly development it is working to bring to...

Metropolitan Manila casinos to remain shuttered until at least August 15

Adam Morgan

July 31, 2020

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Philippines

Casinos and other gambling establishments in metropolitan Manila are reportedly set to remain shuttered until at least August 15 after the federal government extended the giant conurbation’s ‘general community ...

Casino mangate Sheldon Adelson to continue payroll and benefits for Las Vegas employees through October 31

Marie Kelley

July 31, 2020

Latest Casino and Gambling News, Las Vegas, Employment & Careers, Nevada

Las Vegas Sands Corporation’s Sheldon Adelson has announced to employees in Las Vegas that employees will continue to receive pay and benefits through the end of October. A letter was sent out on Wednesday, det...