Sportradar Adds Virtual In-Play Baseball Betting For MLB
By Mike Johnson 3 min read
Sportradar Adds Virtual In-Play Baseball Betting For MLB
NBA and PointsBet Sign Multiyear Partnership Deal
By Heidi Specter 3 min read
NBA and PointsBet Sign Multiyear Partnership Deal
Colorado’s Less than Three Months Away from Sports Betting Launch
By Stoyan Todorov 3 min read
Colorado’s Less than Three Months Away from Sports Betting Launch
Everton Shirt Lucrative Sponsorship Deal With SportPesa Cut Earlier
By Mike Johnson 3 min read
Everton Shirt Lucrative Sponsorship Deal With SportPesa Cut Earlier
UK Gambling Commission Imposed A £3M Fine To Mr Green For Systemic Failures
By Simon Deloit 3 min read
UK Gambling Commission Imposed A £3M Fine To Mr Green For Systemic Failures
Kentucky State Governor Publicly Promotes HB137
By Simon Deloit 3 min read
Kentucky State Governor Publicly Promotes HB137
MGM Springfield Casino Relies On Sports Betting Legalization
By Julie Moraine 3 min read
MGM Springfield Casino Relies On Sports Betting Legalization
William Hill Retail Division Performance Impacts 2019 Results
By Julie Moraine 3 min read
William Hill Retail Division Performance Impacts 2019 Results
Betfred Sportsbook Goes Live in Iowa
By Mike Johnson 3 min read
Betfred Sportsbook Goes Live in Iowa
NetGaming Supercars Take Centre Stage at ICE London 2020
By Mike Johnson 3 min read
NetGaming Supercars Take Centre Stage at ICE London 2020
Canadian Court of Appeals Says Tips to Casino Workers Are Taxable Income
By Stoyan Todorov 3 min read
Canadian Court of Appeals Says Tips to Casino Workers Are Taxable Income
XFL Kicks Off Today, Signs Partnerships with FanDuel, Fox Bet
By Rachael Price 3 min read
XFL Kicks Off Today, Signs Partnerships with FanDuel, Fox Bet
The Latest in Macau
By
Business

H2: Global Gambling Market Braces For Coronavirus Negative Impact

The global outbreak of the novel coronavirus /Covid-19/ is expected to bring the gambling revenue to 2018 levels in the optimistic, or worse, to 2017 levels in the pessimistic scenario, H2 Gambling Capital, the gambling industry data specialist company suggests. Global Decline Forecast A decline of up to 8% in gross global gambling revenue in […]

H2: Global Gambling Market Braces For Coronavirus Negative Impact
By
Casino

Gamblers Missing in Action as Macau Casinos Reopen

A little over a fortnight ago, casino in the Chinese territory of Macau closed shop in a bid to give room and time for efforts to combat the recent Covid-19 coronavirus outbreak. The 15-day mandatory shutdown period finally came to an end and some 29 gambling facilities moved to quietly reopen their doors. Unsurprisingly, not […]

Gamblers Missing in Action as Macau Casinos Reopen
By
Casino

Macau Gaming Operators Donate $25m to Coronavirus Relief Efforts

Macau’s gambling companies have vowed between $2.5 and $3.8 million for the sum total of $25 million to help with medical supplies and the relief efforts in the spread of the coronavirus. Coronavirus Threat Continues to Spread Prompting Casinos to Donate With the Macau gaming industry taking a hit last week when the administrative region’s […]

Macau Gaming Operators Donate $25m to Coronavirus Relief Efforts
By
Casino

Macau Shuts Down Casino Industry for 14 Days as Coronavirus Spreads

As coronavirus rate of infection and death toll continues to climb, Macau’s officials have suspended the gaming industry for at least two weeks as the world steps up its efforts to bring the outbreak under control. Macau Shuts Down Casino Industry Amid Coronavirus Fears On Tuesday, Macau’s officials have called for the closure of the […]

Macau Shuts Down Casino Industry for 14 Days as Coronavirus Spreads
By
Casino

Macau’s Gross Gaming Revenue Dropped 11.3% in January, 2020

Amid rapidly falling visits to Macau, the casino sector stands to lose up to $2 billion in cash flow. Meanwhile, GGR in January has already dropped by 11.3%. Coronavirus Continues to Slow Down Casino’s Results in Macau The coronavirus outbreak in China will continue to take a toll on Macau’s gross gaming revenue (GGR), which […]

Macau’s Gross Gaming Revenue Dropped 11.3% in January, 2020
By
Casino

Casinos’ Stock Continues to Fall as China Battles Coronavirus

The deadly new strain of pneumonia known as coronavirus has already claimed the lives of 106 people and counting. Amid the spread of the disease, casino companies have also suffered from a historic drop in visitations to Macau and share price decline. Coronavirus’ Spreading Causes Casino Shares to Fall Again Amid China’s efforts to contain […]

Casinos’ Stock Continues to Fall as China Battles Coronavirus
By
Casino

Coronavirus Prompts Macau to Issue Warnings to Casino Operators

As Macau continues to monitor the coronavirus outbreak, U.S. operators who own properties in the gaming hub have said they will be willing to shut down their operations temporarily to help fight the spread of the pathogen. Operators Ready to Shut Down in Macau to Curb Threat of Coronavirus Several U.S. casino operators have confirmed […]

Coronavirus Prompts Macau to Issue Warnings to Casino Operators
By
Legal

Chinabank Payments to Pay Record $4.2 Million Fine for Illegal FX Transfer

China’s government slapped a third-party payment processor with the record fine for financial transactions tied to unauthorised online gambling sites. Chinabank Did Not Properly Monitor Operations On Tuesday, local media reported that the Beijing office of China’s State Administration of Foreign Exchange had imposed a RMB29.4 million (US$4.2 million) fine on Internet Banking Online (Beijing) […]

By
Business

Melco Chief Expects 2020 To Be a Down Year

The US-China trade war is likely to cause a slow down among Macau casinos in 2020. Melco Resorts’ CEO Anticipates a Slow Year in 2020 Lawrence Ho, Chief Executive at Melco Resorts, suspects that 2020 will be a “down year” for casino operators in Macau. He made the prediction over the weekend, during an interview […]

By
Business

How could US-China trade war affect Las Vegas casinos and US operators in Macau?

Wynn Macau, MGM China and Sands China account for 60% of the US$37.6 billion gaming revenue generated in Macau last year, compared to US$11.9 billion collected on the Las Vegas Strip. Last July, US President Donald Trump put into effect his threats about imposing tariffs on Chinese imports in an attempt to narrow the trade […]