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Casino
May 7, 2020
Wynn Resorts Revenues Materially Impacted by Casino Closures
Wynn Resorts issued today its first quarter financial results, posting 42.3% drop in operating revenues, due to the closure of its properties, in February in Macau, and from mid-March in the USA. Revenue Impact Material First quarter revenue for the company fell to $953.7 million, from $1.65 billion for Q1 2019, nearly $700 million less, […]
Casino
May 7, 2020
William Hill Offers Drive Through Locations for Deposits and Sign-Ups
William Hill has announced drive-through locations for sports betting deposits and sign- ups as well as their new promotion “Watch the Fights on Us”. Deposits and Signs Ups Available with Drive Through On May 6, William Hill US revealed four drive-through locations for a safe and comfortable signing-up and sports betting deposits. William Hill’s clients […]
Casino
May 7, 2020
NZ and AU: Kiwis Gamble Less, Aussies More Report Says
New Zealand is showing positive results as no excessive gambling is observed despite the country-wide lockdown. Will Australians keep the saved $1.5 billion during the lockdown or spend it all on online gambling? There is No Increase in Gambling in New Zealand Since the Lockdown The New Zealand government’s Health Promotion Agency and research company […]
Casino
May 6, 2020
Warn Notice for Furloughed MGM Employees, Layoffs Inevitable
MGM Resorts reportedly sent a notice to its furloughed employees Tuesday, warning them that some of them may not be re-employed within the next 6 months, and some will be laid off. The gaming and hospitality operator encouraged its workers to search for an alternative job as the uncertainty prevailing at the moment cannot allow […]
Casino
May 5, 2020
Casinos in the US Reveal Re-Opening Plans, Island Resort on May 6
After close to two months of lockdown, casinos across the United States are looking to restart their operations and return back to business, notwithstanding any new social distancing and health safety rules that would need to be observed. While Macau has been able to re-open fairly quickly after a two-week shut-down in February, not everyone […]
Casino
May 5, 2020
Station Casinos Prepare to Re-open, Will Layoffs Occur?
Getting closer to the day when the lockdown will be lifted, Station Casinos will take a cautionary approach to return back to business. Station Casinos Will Re-open Without an Action Plan Station Casinos’ operations in Las Vegas, Nevada will not be in a hurry to re-open all of their venues. The properties that are expected […]
Casino
May 5, 2020
888’s Co-Founder, Shay Ben-Yitzhak, Dies in a Plane Crash
Shay Ben-Yitzhak, one of the four 888 Holdings co-founder, died in a plane crash on Saturday. His 11-year-old son lived. Shay Ben-Yitzhak Dies in a Plane Crash 888 co-founder, Shay Ben-Yitzhak, aged 52, died on Saturday in Sharon, Israel, after a private plane he and his 11-year-old son had boarded crashed, The Times of Israel […]
Casino
May 2, 2020
MGM Considers Comprehensive Re-Opening Plans for Each State
Casinos in different states that have been closed since mid-March will re-open according to different timetables, but some state governors have already started moving in the direction of considering the necessary steps, setting up timeframes for large casino operators that have multi-state presence, such as MGM Resorts logistics-wise. Tribal Venues Exempt Surprisingly, or maybe not […]
Casino
April 30, 2020
DraftKings Soft-Launches Online Casino in Pennsylvania
DraftKings has been granted with an online casino soft-launch by the Pennsylvania Gaming Control Board, scheduled to take place in the time interval of 2 -10pm Wednesday and 1-11pm Thursday, local time. Provided that the online gambling operations are working according to the expectations of the regulator during the two-day test period, the sports betting […]
Casino
April 30, 2020
Hard Rock’s Request for a 5-Month Extension for Acquisition of Land Granted
The €2 billion integrated casino resort project near Barcelona, Spain, Hard Rock Entertainment World has been revived, after the Catalonia authorities granted a 5-month extension to the deadline for the acquisition of the land for the casino resort. The past few weeks rarely brought good news for US casino operators, as all the land-based gaming […]