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Casino
July 26, 2020
AUS: Star Entertainment Rolled Back COVID-19 Restrictions
A maximum of 300 patrons will be allowed at Star Sydney casino property following restrictions which were rolled by the New South Wales government. COVID-19 Restrictions at Star Sydney Casino Property Rolled Back Star Entertainment has announced the rollback of restrictions at its Star Sydney casino property. The restrictions are aimed at reducing the possibility […]
Casino
July 24, 2020
William Hill Goes Live in Colorado Opening Betting Kiosks
UK-based sports betting giant William Hill announced yesterday it would launch its Colorado operations July 24, entering the market in partnership with Caesars Entertainment. The betting company is opening 6 kiosks in two gaming properties in Black Hawk, Isle Casino Hotel and Lady Luck Casino. Colorado Sports Betting Market Highly Competitive Sports betting in the […]
Casino
July 24, 2020
Konami Debuts Game-Changing Cashless Payment System in the US
Responding to the demand for compliant and safe payment options, Konami has debuted its cashless payment system at the Ellis Island Casino, Hotel and Brewery in Las Vegas. Konami Debuts Cashless Payments at Ellis Island Casino, Las Vegas Japanese gambling giant Konami Gaming has debuted its first cashless casino slot markers at Ellis Island Casino, […]
Casino
July 23, 2020
Monarch: Q2 2020 Financial Results Beat Market Consensus
Monarch Casino Resort reported its second quarter financial results Wednesday, posting a $4.3 million net loss for the period ending June 30. The casino operator beat market expectations as the reported loss represents 24 cents per diluted share, but the consensus was it would go above the 62 cent mark. The Reno-based casino operator that […]
Casino
July 23, 2020
LVS: Second Quarter Net Loss of Nearly $1B
Las Vegas Sands (LVS) issued its second quarter financial results Wednesday, giving investors a taste of what the material impact of the ongoing health crisis onto the largest casino operators was. LVS posted a net loss of $985 million for the three months ending June 30, a huge drop from the more than $1.1 billion […]
Casino
July 23, 2020
Difficult Days for Las Vegas Ahead – Furloughs and Layoffs Announced
Furloughs were announced by Wynn Resorts in Las Vegas. Furthermore, Tropicana and Circus Circus have announced planned layoffs of employees. Furloughs Announced by Wynn Resorts in Las Vegas Wynn Resorts has announced that it will furlough a part of its Las Vegas employees. The casinos in Nevada as well as other entertainment venues were ordered […]
Casino
July 22, 2020
AGA: Bettors Turn to Legal Betting, Quit Offshore Operators
The American Gaming Association (AGA) has analyzed consumer behavior in 2019, indicating that consumers would much rather opt for a legal sports betting operator than an illegal one. AGA Reports Shift in Consumer Perception of Illegal Betting A new report by the American Gaming Association (AGA) has analyzed consumer behavior in 2019, which is the […]
Casino
July 21, 2020
Japan Fundamental IR Policy Announcement May be Further Delayed
Japanese government may postpone the release of the national basic policy on integrated resorts, a Monday report in the Sankei Shimbun newspaper claims. The media cites sources linked to the government that the policy will be not be released until August or even further delayed, due to the need to introduce infection-control protocols. Deadline Not […]
Casino
July 21, 2020
Betting Shops in Japan and Singapore Reopen after Relieving of COVID-19 Restrictions
Operating in the post-COVID-19 environment, off-track betting and sports betting venues in Japan and Singapore have reopened their doors for visitors. More Off-Track Betting Shops Reopen in Japan Japan and Singapore’s off-track betting shops keep reopening as the two countries are on track with relieving the strict measures introduced due to the COVID-19 pandemic. Since […]
Casino
July 21, 2020
Australian Operators Claim Credit Data Not Necessarily Indicative of Increase in Gambling
Responsible Wagering Australia chief executive Brent Jackson has cautioned researchers not to misinterpret credit data as necessarily tied up to increase in online gambling. Operator Association Refutes Claims That Credit Data Indicates More Gambling The Responsible Wagering Australia (RWA), an association representing operators in Australia, has said that consumer credit data were not sufficient to […]