Industry News
London’s High Roller Park Lane Club Owner Remains a Mystery
Park Lane Club is one of those private casino venues that are frequented by high rollers – after all, the membership fee itself is already a thousand British pounds…
Peruvian Casino Workers Protest Against the Strict Shutdown Measures Amidst a Constitutional Crisis
Casino workers in Peru have had enough. More than 50 thousand people took to the streets all over the country to protest the strict shutdown that left many…
Crown Resorts: Is It Time for Investors to Abandon the Sinking Ship?
Crown Resorts, one of Australia largest casino operators and entertainment groups, is hardly living through its best times. Even though its Crown Metropol in Melbourne was finally allowed…
With the Casino Industry in a Crisis Mode, Macau’s Gaming-Related Crime Is in Decline, Too
There are always silver linings to the worst of scenarios. While the coronavirus hit Macau’s economy as a whole and its casino industry in particular hard, the restrictions and…
Genting Malaysia Is on a Path to a Steady Recovery in Q3 but Treads Carefully Before Uncertainties Ahead
Genting Malaysia, a gaming, resort, and hotel operator with 40 years of experience under its belt and properties both in Malaysia and in the United Kingdom, Egypt, the…
CNMI Regulators Caved In to Imperial Pacific International’s Demands to Extend the Deadline for Repaying Its Debts
The Commonwealth of Northern Mariana Islands (CNMI) Casino Commission’s battle with Imperial Pacific International (IPI) has been a fierce one. Now, it seems the casino operator has gained the…
Bernstein Research: Premium Mass Gamblers Could Be the Key to Macau’s Casino Industry Recovery
Macau, not unlike most other casino-reliant economies, is still struggling to bounce back from the COVID-19-induced rough patch. According to the Macau Statistics and Census Service data, the…
Nevada Casinos Have Their Max Capacity Cut to 25% As Part of ‘Statewide Pause’ Measures
All good things come to an end, and so did the relatively relaxed guidelines for Nevada’s casinos and restaurants, among other high-risk venues. On November 24, Nevada governor Steve…
Seoul Casinos Are Ordered to Be Closed Amidst a Surge in COVID-19 Daily New Cases
South Korea is going through a rough patch in terms of containing the coronavirus epidemic. It has reported more than 300 daily new infection cases almost every day…
Atlantic City Casino Industry Is Slowly Recovering in 3Q20 But Is Still Not at Its Full Capacity
The third quarter of 2020 wasn’t exactly a return to normal for the casino industry in Atlantic City. While casinos and the adjacent hotels were allowed to start operating…
Nevada Casinos Are Still Struggling with a Drop in Revenue – But Baccarat, Bingo, & 100-Dollar Slot Machines Are on the Rise
Nevada Gaming Control Board has released the fresh figures for the statewide gaming revenues in October – and things still look dire for casino operators…
PAGCOR Financial Report For Q3 And Changes In Revenue
Diverse gambling markets worldwide have been going through a tough time since the Coronavirus pandemic has started, and the one in the Philippines can’t boast with revenues it…