Tagged lockdown

Macau casinos partially re-open after enduring eleven-day lockdown

July 25, 2022

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

Most of the 37 casinos in Macau reportedly re-opened for limited business from Saturday morning following the completion of an eleven-day lockdown instituted after a large number of locals tested positive for c...

Macau gaming tax revenues continuing to slump due to coronavirus

Adam Morgan

July 22, 2022

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

The government for the casino-laden enclave of Macau has reportedly warned that there seems to be no immediate end in sight to the ongoing local gaming tax shortfall caused by the coronavirus pandemic. Accor...

Macau Slot Company Limited chalks up 31.8% rise in 2021 profit

Adam Morgan

July 18, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Gaming Industry News, Economy/Finance, Licenses, Macau, Sports betting

In Macau and the enclave’s long-time retail sportsbetting operator, Macau Slot Company Limited, has reportedly announced that its profit for the whole of 2021 grew by 31.8% year-on-year to top $15.7 million. ...

Macau casinos sitting through second coronavirus-related lockdown

Adam Morgan

July 11, 2022

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Macau, Fines, Lawsuits & Litigation

In Macau and the government has reportedly ordered local casinos and most of the enclave’s other commercial businesses to close for at least a week in an attempt to fight the rising prevalence of coronavirus. ...

Bloomberry Resorts Corporation to open Solaire North venue in 2023

Adam Morgan

April 22, 2022

Latest Casino and Gambling News, Casino News, Gaming Industry News, Casino project updates, Economy/Finance, Online Gambling News, Philippines

In the Philippines and the Chairman for local casino operator Bloomberry Resorts Corporation has reportedly announced that his firm remains ‘on track to open’ its new Solaire North development before the end of...

Australian gaming industry suffered at the hands of 2021 lockdowns

Adam Morgan

April 13, 2022

Latest Casino and Gambling News, Australia, Casino News, Gaming Industry News, Economy/Finance, Online Gambling News, Sports betting

The amount of money punters in Australia’s two most populated states spent on gambling reportedly fell by some $1.26 billion during the height of last year’s coronavirus pandemic as many land-based casinos and ...

Improved financial forecast for Genting Singapore Limited

Adam Morgan

April 11, 2022

Casino News, Latest Casino and Gambling News, Casino expansion projects, Gaming Industry News, Economy/Finance, Singapore

Malaysian financial services firm RHB Investment Bank Berhad has reportedly increased its target price for Asian casino operator Genting Singapore Limited owing to the recent lifting of a range of local coronav...

Disappointing weekend for Macau casino operators

Adam Morgan

March 15, 2022

Latest Casino and Gambling News, Casino News, Gaming Industry News, Economy/Finance, Licenses, Macau, Mergers, Acquisitions & Partnerships

For the second consecutive weekend and the aggregated value of shares in the six-strong club of licensed Macau casino operators has reportedly dropped significantly owing to a number of factors including the on...

New South Wales regulator highlighting video slot money laundering threat

Adam Morgan

November 29, 2021

Latest Casino and Gambling News, Gaming Law & Legislation, Australia, Gaming Industry News, Money Laundering, Economy/Finance, Conspiracy, Crime

In Australia and the Chief Investigator for the Liquor and Gaming New South Wales regulator has reportedly asserted that his state’s 95,000 video slots are being used to illegally launder ‘hundreds of millions’...

New South Wales regulator extends Crown Sydney liquor license

Adam Morgan

October 11, 2021

Australia, Latest Casino and Gambling News, Casino News, Casino project updates, Gaming Industry News, Money Laundering, Economy/Finance, Licenses, Crime, Fines, Lawsuits & Litigation

Australian casino giant Crown Resorts Limited has reportedly had the liquor license for its new Crown Sydney development extended by a further eight months but is still awaiting news on when it will be able to ...

Australia’s SkyCity Adelaide property temporarily closed due to coronavirus

Adam Morgan

July 20, 2021

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

In Australia and casino operator SkyCity Entertainment Group Limited has reportedly announced that its SkyCity Adelaide property has been temporarily shuttered owing to a local outbreak of the coronavirus pande...

Vietnam’s Corona Resort and Casino closes for a second time

Adam Morgan

July 19, 2021

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

The only casino in Vietnam that allows locals to gamble alongside foreign tourists has reportedly been forced to temporarily close its doors for a second time as the country continues to struggle against the on...

Value of Manila casino stocks rise on the back of Duterte reconsideration

Adam Morgan

July 8, 2021

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

In the Philippines and the individual share prices for some of the nation’s largest casino operators have reportedly risen sharply following a dramatic change of heart from President Rodrigo Duterte (pictured)....

South Korea pondering introduction of another coronavirus-related lockdown

Adam Morgan

July 8, 2021

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

Casino operators across South Korea are reportedly facing the real prospect of being forced to temporarily close their venues yet again owing to a recent spike in local coronavirus infections. According to a...

Delta Corp Limited revives its Deltin Denzong Casino following lockdown

Adam Morgan

July 7, 2021

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

Indian gaming and hospitality firm Delta Corp Limited has reportedly announced that it has re-opened its gambling-friendly property in the far northeastern state of Sikkim following the local government’s decis...