Industry News
The Light At The End Of The Tunnel: Chilean Casinos Find A Way To Debt Repackaging
The coronavirus epidemic has seen a record decline in revenue for the two biggest gambling operators. Enjoy, as well as Sun Dreams are currently breaking their backs to ensure…
No Matter The Cost Sycuan Casino Drive More Strict Safety Policy Than The Government
It’s no secret that land-based casinos are increasingly becoming the target of public criticism as potential sources of the coronavirus’s spread. However, some operators are trying not only to…
Wonders Sometimes Happen: Golden Nugget Records a Q2 Profit
It seems that the situation with the coronavirus turned out to be more severe than expected. Even after most gaming operators in the United States opened their doors…
Twin River Can Bring The 1300 Staff Cut Issue To A Close
The game operator is still trying to navigate the negative Covid-19 consequences. The fall in financial performance is increasingly evident in casino activities. Reducing fixed costs remains one of…
Gov. Steve Sisolak Is Pressed To Open Up How Casinos Lead To Covid-19 Outbreak
Rising cases of coronavirus infection could lead to an official investigation and results released by state authorities. Following a recent exposure by The Daily Beast, the Governor of Nevada…
Illinois Clamps Down On Casinos After Covid-19 Cases Upturn
It seems that the United States has set another anti-record for new cases of coronavirus. Last week, the Department of Health reported 39,327 new Covid-19 cases per day. These…
GVC Banks On State Assistance For A Transition Plan
It is becoming clear that the coronavirus has fundamentally changed the business models of many companies. To adapt to new realities, gambling operators in Germany have to make…
Studio City International Holdings Announces 137.2 Mln. Euro Loss In FSM 2020
Studio City, one of Macau’s most visible and popular resorts, reported a record loss of €137.2 million. The main reason for this anti-record was the…
In Financial Squeeze At A Critical Moment: A.C. Cuts Jobs While 4200 Remain In Limbo
Restarting gambling establishments in Atlantic City was supposed to bring people back to their jobs. It seems that the intentions of the regulatory authorities will not come true. The…
MGM Board Of Directors Joins InterActiveCorp With CEOs
It seems that MGM is seeking to strengthen its position in the market and, therefore, is attracting additional labor resources from the outside. The company expanded its board of…
Scout Shares Some Good News As Q1 Revenue Almost Doubled
Fantasy sports and betting provider Scout Gaming Group confirmed that it was able to increase its first-quarter revenue by 96%. The operator also reported a decrease in net loss…
New Jersey Gambling Market Witnessed New Alliance: Esports Entertainment Partnered With Twin River
It looks like the New Jersey market will be reinforced with another strong player this year. After lengthy negotiations, Esports Entertainment Group, one of the most popular eSports betting…