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Casino
March 25, 2020
Casinos Burn Millions Per Day Depleting Cash Reserves
Casino operators in the US are facing hard times ahead, especially if the temporary closure period is extended, as they continue to spend their cash reserves with practically almost no revenue, a recent report by Macquarie Research suggests. Casinos Went Dark The commercial land-based casinos in the US are virtually at a standstill, after the […]
Casino
March 25, 2020
KamaGames and Hard Rock Launch New Social Casino App
KamaGames had huge plans for 2020 and while the ongoing coronavirus pandemic seems to have slowed down some of those plans, the game developer is still pursuing some of these plans. The plans in question involved several strategic and lucrative partnerships which is part of its bid to extend its footprint across the globe. Thankfully, […]
Casino
March 24, 2020
Nevada Hardest Hit Employment-Wise Due To Covid-19 Mitigation Measures
The Economic Policy Institute /EPI/, a non-profit, non-partisan think tank organization that focuses on conducting research and analyses of economic data, claims that Nevada will be the most affected state in terms of new unemployment due to the temporary closures of non-essential businesses. Nevada Tops The List Nevada that has significant exposure to the leisure, […]
Casino
March 23, 2020
Foxwoods’ Decision To Place Its Workforce On Furlough During Closure Raised Criticism
Foxwoods Resort Casino, one of the two tribal casinos in Connecticut, has drawn the attention but for all the wrong reasons after it had to close doors on Tuesday. Shutting down operations, the casino management refused to agree to paid leave for its employee force, and instead, put 1,200 union dealers and 4,000 other workers […]
Casino
March 22, 2020
Japan’s COVID-19 Outbreak Won’t Stop Integrated Resorts
Amid the spread of COVID-19 and fears that the first of the integrated resorts projects may be delayed, the government of Shinzo Abe has reassured all parties that things are moving on track. The First Integrated Resort in Japan Won’t Be Delayed, Consultants Say With the world bracing for the next recession and governments shutting […]
Casino
March 21, 2020
KSA Shows Resolve To Uphold Gambling Rules And Dish Hefty Penalties
The Netherlands gaming sector, as much any other country’s one, has been impacted by the ongoing spread of the coronavirus /Covid-19/, as mitigation measures across the world imply the same approach of isolation, and land-based gaming facilities are on top of the list of non-essential businesses that face temporary closure. Online Gambling Ads Illegal Online […]
Casino
March 20, 2020
Casino Closures For Two Months Will Cost $43.5B To The US Economy
The casino industry operators in the US were among the first impacted by the global spread of the coronavirus /Covid-19/, initially starting with the overseas operations in Macau and now culminating in the closure of almost all land-based casinos in the US and the latest press release of the American Gaming Association /AGA/ is a […]
Casino
March 19, 2020
Melco Resorts Takes Another Blow From Covid-19 Global Outbreak
Melco Resorts & Entertainment, through its ICR Cyprus Holdings Ltd joint venture, which operates the Cyprus Casinos brand and has a 30-year exclusive license to run casinos in Cyprus, was forced to close all of its five casinos in Cyprus, after the Council of Ministers of the island country had ruled the suspension of certain […]
Casino
March 18, 2020
Nevada Casinos Go Dark To Help Curb Covid-19 Outbreak
Casinos in Nevada last closed doors back in November 1963, for the funeral of President John F. Kennedy. This is about to change starting at midnight Tuesday, March 17, after the number of coronavirus cases in the state has surged and the social distancing approach to curbing the pandemic seems to be the only available […]
Casino
March 18, 2020
Casino and Hospitality Operators Asks Governments to Rescue Them
For a number of industries and businesses, the coronavirus outbreak was an unprecedented challenge that they never really hard enough time to prepare for. As a matter of fact, despite several expert opinions on the matter, not many people foresaw the disease becoming a problem of this magnitude. Still, the virus is already here and […]