Industry News
Pennsylvania’s Online Gambling Revenues Set a Record in December 2020
While land-based casinos struggle to stay afloat amidst the pandemic, their online counterparts are doing better than ever in Pennsylvania. According to Pennsylvania Gaming Control Board’s ...
Sanford C. Bernstein: VIP Gambling Won’t Be the Backbone of Post-COVID Recovery
It’s hardly a new trend, but the COVID pandemic – as well as China’s crackdown on overseas gambling – just made it clearer: VIP gambling is no longer likely…
Atlantic City Casinos Will Have to Stick to 25% Capacity Limits for at Least 30 More Days
Even with the vaccination efforts underway all across the U.S., casinos are still far from seeing the COVID-19 restrictions on their operations relaxed. New Jersey is another…
Grand Korea Casinos in Seoul and Busan to Remain Closed Until February 1
Grand Korea Leisure was planning to shut down its venues for just a couple of weeks – Gangnam COEX and Gangbuk Hilton were initially closed on ...
Cherokee Tribal Council Voted Down a Protest Against Southern Indiana Casino Acquisition
While some are not satisfied with the deal the Eastern Band of Cherokee Indians struck with Caesars to acquire the Caesars Southern Indiana Casino business, it will…
Macau’s Mass Market Segment on the Path to a Faster Recovery than VIP
The Macanese gambling regulator, the Gaming Inspection and Coordination Bureau, published the quarterly results for the final three months of 2020. They are in line with the ...
Massachusetts Casinos Performed a Bit Better in December (But Full Recovery Is Still Miles Away)
The figures on the performance of the Bay State’s casino industry in the last month of 2020 are in. Traditionally published on the 15th of each month, ...
The Londoner Macau Opens for Chinese New Year
Phase 1 of nearly (US) $2 billion The Londoner Macau resort’s opening begins Feb. 8. The Chinese New Year starts on Feb. 12. The Londoner…
Mobile Betting Boosts BetMGM Revenues
The return of professional and NCAA sports during the final quarter of 2020 should prove to be especially beneficial for BetMGM’s revenues. Because live sports returned sooner than many…
Entain Spurns $11B MGM Resorts’ Takeover Bid
MGM Resorts says it is done trying to leverage a buyout of mobile betting partner Entain after making two multi-billion offers. The Las Vegas-based gaming giant said Entain rejected…
Genting Malaysia Bhd Is Closing Another Property In The UK
A subsidiary of Genting Malaysia Bhd (GenM), Genting U.K. is one of the largest gambling operators in the United Kingdom. It has faced some serious problems that are the…
The Development Of IR In Japan Doesn’t Remain At A Standstill
The gambling market in Japan starts to gain development momentum despite the number of new Coronavirus cases continues to increase. The country has some plans to open Integrated…