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Casino
May 11, 2020
Sweden’s Spelinspektionen Warns: Restrictive Rules to Strengthen Black Market
The proposed measures for deposit limits and session limits effectively restricting the Swedish market are still a hot topic. The country’s Gaming Authority tentatively takes the side of the providers. Sweden’s Proposed Restrictive Measures Faced with Contradiction Sweden’s plan for restrictive measures towards the online gambling market has proven a delicate topic. Announced back in […]
Casino
May 11, 2020
UK Gambling Suppliers Air Advertisements Instead of Social Responsibility Messages
Recent gambling adverts in the UK sparked a debate if the industry giants are not reneging on the promise to promote safer gambling messages. A Debate that Started in March Continues The saga concerning safer gambling advertisement practices began back in March. With the spread of the novel coronavirus (COVID-19) in the UK, the betting […]
Casino
May 11, 2020
LVS May be Considering the Acquisition of Wynn Resorts, Analysts Suggest
Las Vegas Sands (LVS) may be looking to acquire Wynn Resorts, an analysis by a boutique investment bank and advisory firm for the gaming industry suggests. Union Gaming LLC, in a note published Thursday overnight, cited Okada Manila in the Philippines, Australia-based Crown Resorts, and Wynn Resorts, all three as potential acquisition targets for the […]
Casino
May 11, 2020
Difficult Times for Connecticut, Foxwood Casino Announced Layoffs for Employees
The closure of Foxwood Casino and Mohegan Sun along with other businesses due to COVID-19 was a big hit for the State of Connecticut. Two months later both employees and employers are still trying to shake off the pandemic and re-start business. Foxwood Resort Casino Planning Layoffs The Foxwood Resort Casino was ordered to close […]
Casino
May 9, 2020
Finland Beats Problem Gambling says Report by THL
Recent study by THL shows a decrease in gamblers at risk as well as reduction of the gambling frequency for 2019 in Finland. The Number of Gamblers at Risk in Finland Decreases A recent study by the Finnish Institute for Health and Welfare (THL) announced that gamblers at risk in Finland are decreasing in number. […]
Casino
May 9, 2020
Nevada’s Casinos Prepare to Reopen, Following Guidelines Released from Gaming Commission
Nevada prepares to open its casinos following new guidelines released by the NGCB. The announcement has sparked a debate about smoking in casinos and problem gambling. Guidelines for Reopening of Casinos Released by the Gaming Commission Thursday, May 7, the Nevada Gaming Commission Board (NGCB) announced the approval of guidelines for the reopening of state […]
Casino
May 8, 2020
Penn National Q1 Revenue Impacted by Closures, iGaming Gathering Pace
Penn National Gaming issued its first quarter financial results, painting a clear picture of how the health crisis that started in mid-March, due to the wide implementation of the social distancing measures across the states, had taken the wind out of its sails revenue-wise. The Pennsylvania-based gaming operator with strong presence across all gambling verticals […]
Casino
May 8, 2020
Swedish Gambling Market Takes Another Hit – Two Online Brands Closed by ComeOn Group
ComeOn Group has announced the shutdown of two brands for the Swedish market. Cherrycasino.com and Sveacasino.com will close on May 18. ComeOn Group Shutdowns Two Brands The online casino industry in Sweden continues to undergo a period of rapid change. This time, ComeOn Group is shutting down two brands to reflect the group’s pursuit of […]
Casino
May 8, 2020
Hard Rock’s Latest Hellinikon Appeal Rejected
The saga around the Hellinikon Casino project at Athens’ defunct airport continues and might be over now that hospitality group Hard Rock International has been handed down another denial to the group’s appeal contesting the decision of Greece’s gaming regulator which has awarded rival Mohegan Gaming & Entertainment with the rights to develop the project. […]
Casino
May 7, 2020
Stadtcasino Reports 2019 Revenue Growth, Online Vertical Looks Promising
Stadcasino Baden Group reported 16.2% growth year-on-year, to CHF 75.3 million, including CHF 7.6 million extra generated from its launch of online gambling operations in 2019. Jackpot.ch, the company’s online brand, was the first to launch online gaming in Switzerland when it went live in July last year. Casinos in Baden and Davos The growth […]