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Casino
January 4, 2021
Yokohama City Mayor Skeptical of Referendum on Integrated Resort
Yokohama city mayor has expressed skepticism whether it should be residents deciding on the implementation of a casino resort, citing City Council’s efforts over the last months as the reason why. Referendum Expensive and Unnecessary, Says Hayashi Yokohama city mayor Fumiko Hayashi is not too convinced that a referendum on the development of an integrated […]
Casino
January 4, 2021
PAGCOR Pays $354m in 2020 to Help with Covid-19 Relief Efforts
PAGCOR contributed $354 million to the Bureau of the Treasury in a bid to bolster Covid-19 relief efforts in 2020. PAGCOR Continues to Help in Covid-19 Relief Efforts The Philippines gaming regulator (PAGCOR) has played a key role in offsetting the economic impact the Covid-19 pandemic has inflicted on the country, remitting an estimated $354 […]
Casino
January 3, 2021
Packer Allegedly Meets with Adelson, Fuels Crown Sale Rumor
An encounter in the French Caribbean further fueled speculation Crown Resorts’ major shareholder James Packer is looking for the way out of the company, seeking to cash in on his 36% stake in the casino and hospitality operator. Multi-Million Yachts Docked Beside Each Other James Packer celebrated New Year’s Eve on board of his $200 […]
Casino
January 2, 2021
Macau December Revenue Completed the Worst Year on Record
The casino industry in Macau registered in December another month to forget, to complete the worst year on record, the Monthly Gross Revenue from Games of Fortune report released by the Gaming Inspection & Coordination Bureau revealed. December YoY Decline Less than in November Casinos in the Special Administrative Region (SAR) of China showed little […]
Casino
January 2, 2021
Navajo Lays Off Temporarily More than 1,100 Casino Employees
Navajo Nation Gaming Enterprise, the business entity of the Navajo Nation operating the tribe’s gambling establishments in Arizona and New Mexico, announced Thursday plans to temporarily lay off on New Year’s Day more than 1,100 workers. Temporary Layoffs to Cut Costs The Gaming Enterprise noted in its release that due to the impact on revenue […]
Casino
January 2, 2021
China Decided Crown Sydney’s Fate Ahead of License Decision
Long-awaited opening of Crown Resorts’ new AU$2.2 billion casino resort in Barangaroo near Sydney happened Monday, but casino operations did not commence as the Independent Liquor and Gaming Authority (ILGA) blocked the ASX-listed company from opening its casino until a final decision regarding its casino license is reached. ILGA Final Decision Pending Following on Crown’s […]
Casino
January 2, 2021
Hollywood, Meadows Casino and Racetrack to Reopen on Jan 4
After the number of positive COVID-19 cases in Pennsylvania has decreased in the last 3 weeks, the temporary restrictions introduced by Governor Tom Wolf in early December will expire. As a result, Hollywood Casino and Meadows Casino and Racetrack will reopen for visitors next week Monday. Temporary COVID-19 Shutdown Ends on Monday Pennsylvania residents will […]
Casino
January 2, 2021
Macau Casinos Extend Furloughs to 2021 to Help Recovery
Voluntary unpaid leave for staff extends in more than four Macau Casinos in 2021. At least four of Macau’s six casino operators approached by GGRAsia have already extended furlough for their staff to 2021. Gaming Staff in Macau Takes Voluntary Unpaid Leave Six gaming operators in Macau were approached by GGRAsia with questions about their […]
Casino
January 2, 2021
Macau’s Annual Casino GGR Crash to 79.3% in 2020
With 2020 over, Macau has posted its worst year to date for the special administrative region’s casino industry. Macau’s GGR Collapses to 79.3% YOY Macau has turned the key on its worst year for gambling to date, with casino gross gaming revenue (GGR) plummeting by 79.3% year-over-year in 2020. All of that has been caused […]
Casino
December 31, 2020
Bids to Blow Up Trump Plaza Now Hit $175,000
Trump Plaza Hotel and Casino demolition bid now tops $175,000 with interest slowly growing despite the holiday season. Bidding for Trump Plaza Hotel and Casino Demolition Continues The interest in blowing up the now-defunct Trump Plaza Hotel and Casino, an Atlantic City-based former and failed business venture of the outgoing 45th President of the United […]