Casinos across Atlantic City saw their revenues decrease by more than 37% between July and September 2020 compared to the same period last year due to the continuing restrictions to curb the spread of the virus. The Industry is Recovering Slowly Casinos in Atlantic City posted net revenue of $629.3 million or a 32.3% decrease […]
Recovery in Macau is qualified as medium-term bullish, says Morgan Stanley, which has expressed positive outlook for the special administrative region on Monday. Macau’s Road to Recovery May Not Be too Far Ahead Chinese nationals may yet play a significant role in Macau’s gaming recovery, with Morgan Stanley assigning on Monday a medium-term bullish recovery […]
The Philippine’s gaming regulator and operator, PAGCOR, has allocated $41.5 million to building 32 shelters across the country to help one million displaced individuals due to typhoons. PAGCOR Steps in to Help with Typhoon Relief Efforts The Philippine Amusement and Gaming Corp (PAGCOR) continues to be a benevolent entity in the country’s public life, with […]
iGaming aggregator Relax Gaming has launched a partnership with sportsbook and online casino operator Pinnacle in another step towards the expansion of its distribution network. The news comes on the heels of a similar collaboration as last week Relax unveiled a deal with online casino brand 1win. According to a company press release, Relax, which […]
Massachusetts legislators were asked Friday to decide on adding sports betting to the legislature by a group of state sports teams and gaming operators. New Job Opportunities and Revenue for The State On November 20, a coalition of gaming companies and sports teams asked the Massachusetts Legislature to pass a sports betting bill before the […]
A number of casino companies have reported an improvement in their quarterly revenue, despite a slow recovery from the impact of the pandemic and a surge in positive cases in the US. Retail Casino Revenue Tripled Since Q2 Despite the economic impact of the Covid-19 pandemic on the casino industry, some gaming companies reported a […]
The Safer Gambling Week for responsible gambling will run November 19-25, with the support of all Betting and Gaming Council’s members across the United Kingdom and Ireland. Customer Protection Initiative The Safer Gambling Week started on November 19 and will run until Wednesday next week. Supported by all members of the Betting and Gaming Council […]
According to a multinational diversity study, the gender pay gap grew since 2018, with men holding better wages and higher positions than women. Data From 26 Organizations Across The World London-based All-in Diversity Project issued on November 17 a multinational diversity study which states that men tend to get higher wages and positions, despite women […]
Bally’s Corp and Sinclair Broadcast Group announced a new long-term deal, betting big on the sports wagering market in the US. Under the deal Sinclair will acquire a stake in Bally’s and will have its 21 sports networks renamed Bally Sports. Bally’s Gain Access to Fan Base According to the terms of the deal, Bally’s […]
Global betting and gaming operator GVC Holdings announced today the start of two new initiatives with regards to its Advanced Responsibility and Care (ARC) program for safer gambling, which began November 12. Enhance Player Protection The essence of the ARC is to improve player protection by utilizing the proprietary technology platform capabilities in terms of […]
