Covid

New Jersey sees gaming revenue up nearly 7% in July, but in-person casino win still struggling to match pre-pandemic numbers

New Jersey's casinos, horse tracks offering betting and the online partners made a combined $480.7 million in July. Five casinos still struggle to reach their pre-pandemic figures. The Borgata won $124 million from in-person gamblers, sports bettors and internet gambling last month. Hard Rock made $59.8 million, up nearly 8%. Golden Nugget won almost $49 million. Ocean won nearly $43 million and Tropicana won about $35 million; Harrah's made about 10%. Bally's won around $20. 7 million up 28.4%.
Covid
New Jersey sees gaming revenue up nearly 7% in July, but in-person casino win still struggling to match pre-pandemic numbers
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In-Depth Archive: 4Stop: Covid-19 pandemic has fueled next wave of KYC innovation

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Five of the island’s eight casinos have been closed since the Covid-19 pandemic forced businesses to close worldwide. READ MORE HERE:

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MBS said the easing of COVID-19 restrictions has “proven to be an important factor in reviving the retail landscape.” READ MORE HERE:

Execs: U.S. casinos learned some useful lessons from pandemic

Executives from regional gambling companies and one of the world's largest said the changes they were forced to make due to the pandemic had some benefits. The conference was held in the Hard Rock casino in Atlantic City. Hard Rancher Allen said they have not gone back to buffets. The pand epidemic forced most U.S. casinos to close for months. It also taught them useful lessons. One lingering effect of it is smaller payrolls. Hospitality industry leaders say a shortage of housekeeping workers and reluctance of guests to allow hotel workers into their rooms has led to an abandonment of a daily room cleaning standard.
Covid
Execs: U.S. casinos learned some useful lessons from pandemic

Keep the Change? Class Action Says MGM Casinos Refuse to Refund Change When Players Cash Out

Class action claims that MGM Casinos Refuse to Refund Change When Players Cash Out. The suit covers all visitors to a casino owned or operated by MGM Resorts International between September 19, 2012 and the present. It also covers MGM Grand, Bellagio and Mandalay Bay in Las Vegas, among other hotels and casinos in New York, Detroit and Biloxi, Mississippi. . .. In the last few years, MGM has been keeping the change off hundreds of thousands of Gaming Vouchers at its hotels.
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Keep the Change? Class Action Says MGM Casinos Refuse to Refund Change When Players Cash Out
RELATED TOPICS

Execs: US casinos learned some useful lessons from pandemic

Executives from major gambling companies say the pandemic forced them to close their casinos for months. They say they learned useful lessons that will endure even after the disaster. The conference was held in the Hard Rock casino in Atlantic City. Some of Hard Rink's casinos offer buffets, while others don't. The pandemics also taught them how to reduce expenses. In some places, daily housekeeping of casino hotel rooms has become a casualty of the crisis. There is a shortage of housekeepers and guests don’t allow hotel workers into their rooms. It's led to the abandonment of a daily room cleaning standard in resorts.
Covid
Execs: US casinos learned some useful lessons from pandemic

Atlantic City casino earnings in 2021 surpassed pre-pandemic levels

Eight of the nine Atlantic City casinos made a gross operating profit last year. The Borgata had the largest operating profits at $174 million. Hard Rock earned nearly $107 million, up from nearly $11 million in 2020. Golden Nugget earned $35.5 million and Resorts earned over $27 million for internet-only entities.  
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Atlantic City casino earnings in 2021 surpassed pre-pandemic levels

East Coast Gaming Congress: Execs discuss pandemic lessons as Atlantic City casino workers protest indoor smoking

Covid-19 forced most US casinos to close for months. Caesars Entertainment learned lessons that can't be unlearned. The Cordish Companies introduced new health and safety measures at land-based casinos. The company has not gone back to buffets. Since the casinos reopened, business has been good. Eric Hausler, CEO of Greenwood Racing, owner of Pennsylvania’s Parx Casino, said a restaurant that was open every day for lunch and never made any money was closed for good once the gambling venue resumed operations. He said people were fed up with being cooped up and came back.
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East Coast Gaming Congress: Execs discuss pandemic lessons as Atlantic City casino workers protest indoor smoking

Twitch casino ban: How did we get here?

CasinoDaddy and Roshtein started streaming slots in 2016. Twitch tried to crack down on skin betting. It warned users to stop streams promoting skin gambling. The ban was lifted on December 1. It was imposed after Counter-Strike: Global Offensive developer Valve sent cease-and-desist notices to skin betters.
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Twitch casino ban: How did we get here?
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U.S. casinos cut out buffets, learned other lessons from pandemic: execs

U.S. casinos closed for months during the COVID pandemic. They put in hand sanitizers and barriers between player positions at table games. The pandemics also taught them to cut back on advertising and hotel cleaning. The conference was held in the Hard Rock casino in Atlantic City. Some of Hard Rancher's casinos offer buffets, others do not. In June, Atlantic State’s main casino workers” union filed a complaint with the state that four casinos were failing to clean guest hotel rooms daily. It was alleged that one of them admitted it did not have enough housekeepers to do every room every day.
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U.S. casinos cut out buffets, learned other lessons from pandemic: execs

Macau casino bids include surprise

The government of Macau opened bids on Friday from seven companies for licences to operate casinos in the world's biggest gambling hub. GMM Limited, a holding company of Genting Group chairman Sri Lim Kok Thay, made a surprise application. The new casino licences are expected to begin in 2023. The incumbents have invested some US$40 billion in Macao since casinos were liberalised more than 20 years ago. Macaese casinos have been hit by ongoing Covid curbs and travel restrictions. Authorities have also tightened control over gambling operations in former Portuguese colony.
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Macau casino bids include surprise
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Macau Gambling Head Denies Laundering, Illegal Gaming

Alvin Chau is a well-known gambling executive in Macau. He was arrested on a warrant accusing him of illegal gambling on the Chinese mainland. Chau was removed from his position as the chairman of Suncity junket in December 2021.
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Macau Gambling Head Denies Laundering, Illegal Gaming

Las Vegas posts highest visitation since start of the pandemic in July, in line with gambling rebound

Nearly 3.5 million people visited Las Vegas in July. The figures are the highest since the beginning of the pandemic. Las Las hosted 307,000 convention attendees. Nevada posted $1.31 billion in gaming revenue in the same month. The Strip saw its second highest-ever revenue performance. Luke Bryan, Shania Twain and Usher performed there. Martha Stewart opened a restaurant at Paris Las Vegas. There are 31 airlines serving 146 markets. Harry Reid International Airport has a record-setting daily passenger count. It is the most recovered of top 20 largest airports in U.S. based on a percentage of pre-pandemic seat capacity.
Covid

Canada: Gateway reportedly ditching new $75M project in Ontario to invest at existing venue

Gateway Casinos and Entertainment Ltd. is not going to build a $75 million Wonderland Road casino in London, Ontario. The company will instead invest in Western Fair District to expand its current operations. Many gambling sites across Canada have either closed or seen the number of visitors greatly reduce due to the Covid pandemic. The 10,000-square-metre casino project is expected to feature 900 slot machines and 40 gaming tables. It is set to employ about 1,00 workers and generate $4.5 million for the city. A spokesperson for Gateway would not comment on the company’s plans for Wonderland road.
Covid

Gambling giant Macau opens bids from 7 casinos, Genting a wildcard

All six incumbent Macau players submit bids for licenses to operate casinos in the world’s biggest gambling hub. GMM Limited, a holding company of Genting Group chairman Sri Lim Kok Thay, applied. Gent operates casinos and non-gaming operations in Singapore, Malaysia, the United States, and Britain. It also made a series of investments in China, including a prime ski resort which hosted the 2022 Beijing Winter Olympics. New casino licenses are expected to begin in 2023. The incumbents have invested $40 billion in Macao since casinos were liberalized more than 20 years ago.
Covid
Gambling giant Macau opens bids from 7 casinos, Genting a wildcard
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Gambling giant Macau opens bids from seven casinos, with one firm to lose

Macau's government opens bids from seven companies for licenses to operate casinos in the world's biggest gambling hub. The winner will be chosen on Friday. Genting is a wildcard, but it has invested heavily in China and has a strong background in theme parks. The new casino licenses are expected to begin in 2023. Macau casinos have been hit by ongoing COVID curbs and travel restrictions. They have collectively invested $40 billion in Macao since casinos were liberalised 20 years ago. It is estimated revenues will drop 70% in 2021 to $10.8 billion from $36 billion.
Covid

Gambling giant Macau opens bids from seven casinos, Genting a wildcard

Macau's government opened bids on Friday from seven companies for licenses to operate casinos in the world's biggest gambling hub. The incumbent players, Galaxy Entertainment, Melco Resorts and SJM Holding submitted bids. Genting, a Malaysian operator, applied for a wildcard license. It had to pay HK$10 million to apply. New casino licenses are expected to begin in 2023. The incumbents have invested some US$40 billion in Macau since casinos were liberalised more than 20 years ago. Macao casinos have been hit by ongoing Covid curbs and travel restrictions.
Covid
Gambling giant Macau opens bids from seven casinos, Genting a wildcard

Macau's gambling giant opens offers at seven casinos and one company may lose

The Macao government opens offers from seven companies for casino licenses on Friday. Genting is a wildcard, but it is the only one with extensive amusement park experience. The new casino licences are expected to start in 2023. The incumbent operators have invested around $ 40 billion in Macau since the casinos were liberalized more than 20 years ago. Macaese casinos have been hit by current COVID and travel restrictions. Authorities also tightened controls over gambling operations in the former Portuguese colony. They have revenues fell 70% in 2021 to $ 10.8 billion from $ 36 billion.
Covid

The Growth of Online Gambling in Africa

Online gambling is booming all over the world. It's expected to generate a record-breaking revenue of $53 billion in 2021. Canada and some African countries are opening up to legalize online casino gambling. There are many reasons behind the rapid growth of online gambling in the African continent.
Covid
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Demolition Has Begun on Texas Station and Fiesta Henderson Casinos

Demolition has started on Texas Station and Fiesta Henderson Casinos. The former opened in 1994 and the latter in 1998. Fiesta employees recently got together to say goodbye to the casino. They worked there for 18 years. They saw each other two or three days a week. Angie Johanson, a cocktail waitress, organized the reunion. She spent more time with the people she worked with than her actual family.
Covid

Receiver reopens online auctions for sale of Imperial Pacific’s Saipan casino equipment

Receiver reopens online auctions for sale of Imperial Pacific’s Saipan casino equipment. First auction is on 7 October and the second is scheduled for 9 December. All items for auction must be posted no later than 5 days before at www.gamingequipmentauction.com. The original plan to run six auctions was put on hold last year. IPI owes the CNMI government US$100 million. The company's casino license was suspended last last December and it closed in March 2020. It is now being sold off online.
Covid
Receiver reopens online auctions for sale of Imperial Pacific’s Saipan casino equipment

Slight September progress for Macau casinos

Almost 40 casinos in Macau managed to earn $11.3 million in gross gaming revenues for the seven days from September 4. This figure is an increase of 4% on the previous week's $10.9 million. Chengdu has ended its enforced lockdown.
Covid
Slight September progress for Macau casinos

How do you pay at online casinos in South Africa?

The global online gambling market is expected to reach $192bn by 2030. Africa is one of the fastest-growing emerging markets. In 2022, the total transaction volume of digital payments is estimated to be $14bn. In South Africa, digital payment systems are popular. The total transactions volume is $10bn dedicated to digital commerce. China is the world's fastest growing online gaming market.
Covid
How do you pay at online casinos in South Africa?

AC Casino Smoking Ban Debate Off After Panelist Backs Out

AC Casino Smoking Ban Debate off after panelist backs out. East Coast Gaming Conference officials have issued a revised schedule for the Sept. 21-23 industry event at the Hard Rock in Atlantic City. Parx Casino executive Eric Hausler, Cynthia Hallett, president and CEO of Americans for Nonsmokers’ Rights, and Mark Giannantonio, the Resorts AC CEO, were to debate the issue. ParX, located near Philadelphia, banned smoking last year and has maintained its ban.
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AC Casino Smoking Ban Debate Off After Panelist Backs Out

NJ Prepares to Sign On for Another Decade of Online Gambling

Next year will mark the tenth anniversary of legal online casinos in New Jersey. The 2013 bill making online casino gaming and poker legal will expire ten years after its operative date. Without legislative action, all iGaming sites would have to cease operations a little more than a year from now.
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NJ Prepares to Sign On for Another Decade of Online Gambling

Danske Spil GGR remains steady as slots growth offsets betting decline

Danske Spil received DKK2.35bn (£271m/ $317m / €316m) in the first 6 months of 2022. After-tax revenue slightly fell by DKDKK4m. Sports betting revenue declined due to the 2021 UEFA European Championship football tournament delayed a year. The merger of Danskes Spils and Dansk Klasselotteri will contribute to revenue from 1 April 2022, but the net profit declined at the operator.
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Danske Spil GGR remains steady as slots growth offsets betting decline

Things that matter the most while playing in an online casino?

The market for online gambling is estimated to be worth $57.54 billion in 2021. It is projected to grow at a CAGR of 11.7% between 2022 and 2030. The growth is driven by the increasing popularity of smartphones and fast mobile internet. There are more online casinos than there are brick-and-mortar casinos.
Covid
Things that matter the most while playing in an online casino?

Coin slot machines remain popular despite dwindling numbers

The El Cortez has the most coin-operated machines in the Las Vegas area with 100. The Skyline has 86, and the California has a little more than 30. Circus Circus installed a bank of $5 coin slots. It is more labor-intensive than modern machines that dispense winnings with paper tickets. However, the El cortez general manager says the machines make sense for the casino. They show up almost every day and were some of the first customers to return after the reopened after a virus pandemic. they show at the. El Cortez has been open for more. than 80 years.
Covid
Coin slot machines remain popular despite dwindling numbers

Mask mandate lifted in Nevada casinos

Nevada governor announced the immediate end of the indoor mask mandate Thursday morning. Las Vegas casinos moved swiftly to comply with the governor's decision. The Nevada Gaming Control Board followed suit. MGM updated its policies to reflect that masks are no longer required at its resort properties in Nevada, Mississippi, Ohio, New Jersey and New York. The union representing 60,000 hospitality workers in the state urged the public to respect those who wear masks by choice. LVCVA also praised the decision to rescind the mandate. It is expected to boost tourism in Las Angeles. They hope it will fuel the return of big conventions and international travel.
Covid
Mask mandate lifted in Nevada casinos

Sun casinos well on way to recovery

Half-year results showed income from casinos, Sun Slots and SunBet making up 82 per cent of group income, up by 30 per Cent. CEO Anthony Leeming said the trading environment was impacted by the pandemic, power outages, increasing fuel prices, high inflation and international supply chain disruptions.
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Bigger Gateway casino at Western Fair? Bring it on: Area businesses

Gateway Casino and Entertainment Ltd. plans to expand its gambling operation at Western Fair District into a full casino. East London businesses welcome the expansion. Some prefer to stay at the current casino, while others would prefer a new showcase. The Starlight Casino was expected to be built at 3334 and 3354 Wonderland Rd., and work began clearing the site and demolishing existing buildings in January 2020. It was to cost $75 million. The current site is better for traffic. Richard Lauzon would rather be at Wonderland. Dianne Byczok prefers to play slot machines.
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Bigger Gateway casino at Western Fair? Bring it on: Area businesses

Variety of Entertainment in Online Casinos Canada

There are many games to play in online casinos Canada. The gambling market in Canada is expected to grow to 12.54 billion U.S. dollars in 2021. The most popular games are: "Casino", "Lottery", and "Roulette".
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Variety of Entertainment in Online Casinos Canada

Las Vegas: Red Rock Casino displays scale model for guests to preview upcoming Durango resort

Station Casinos unveiled a scale model of the forthcoming Durango Casino & Resort. It is on display at the Red Rock Casino in Las Vegas. The new $750 million venue will feature a 200-room hotel tower and an 83,000-square-foot casino. Redrock Resorts is set to permanently close and demolish three of its properties in the Las Nevada. It will sell the land beneath them. They are Texas Station, Fiesta Rancho and Fiesta Henderson. Station Casino bought 126 acres for $172.4 million.
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Winning Streaks stand firm: North American gambling capstones

North America and Canada are betting on winning streaks. iGaming is on the rise in the U.S. and is set to join land-based casinos and sportsbetting as a lucrative business. In Canada, gamblers enjoy games and sportbetts on their smartphones, tablets and computers.
Covid
Winning Streaks stand firm: North American gambling capstones

Gambling.com's American Gambling Awards returns after two-year Covid hiatus

Gambling.com Group announced the return of the American Gambling Awards. The awards will culminate with a private dinner celebration at New York’s Carbone Restaurant in December. There will be 12 award categories recognizing regulated operators active in the U.S. market and industry service providers, policymakers, attorneys, regulators, and others who play a vital role in developing the online gambling market.
Covid
Gambling.com's American Gambling Awards returns after two-year Covid hiatus

Nevada casinos reach 11th $1B+ month streak in January despite Omicron outbreak

Nevada casinos set new records in January, with $1.1 billion in house winnings. It's the 11th straight month of $1000+ winings. Las Vegas Strip is the top winner with almost $600 million. The state recorded $13.4 billion gambling revenue in 2021. The Strat recorded record revenue of almost $2 billion. Golden Entertainment reported record Q4 2021 revenue. Harry Reid International Airport saw double the passenger traffic from a year ago. There was a drop in attendance at CES this year.
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Nevada casinos reach 11th $1B+ month streak in January despite Omicron outbreak

Las Vegas Sands: Prudent Move Here Is To Take Some Profits

Las Vegas Sands Corp. is a developer and operator of integrated resorts that feature luxury hotels, gaming, retail, dining and entertainment. Premier locations exist in Singapore and Macau, and there are plans to expand elsewhere in to Asia.
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Las Vegas Sands: Prudent Move Here Is To Take Some Profits

Gambling.com Group Announces t

Gambling.com Group Limited (Nasdaq: GAMB) is a leading provider of player acquisition services for the regulated global online gambling industry. The American Gambling Awards launched in 2019 as the first awards program dedicated exclusively to the online betting market in the United States. It will be relaunched in 2022 with 12 award categories recognizing regulated operators active in U.S. market and industry service providers, policymakers, attorneys, regulators and others who play a vital role in developing the American online gaming market. Winners will receive the exclusive Golden Eagle trophies. G.ambling Group will host American.Gambler Awardswinners at an exclusive VIP dinner at the world-renowned Carbone restaurant in New York City in December.
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Gateway ditching new $75M casino, will expand Western Fair site

Gateway Casinos and Entertainment Ltd. is pulling the plug on its planned $75-million casino on Wonderland Road. It will instead make a multimillion-dollar investment at Western Fair to expand its current operations. The gambling industry is still reeling from the COVID pandemic that closed gambling sites across Canada or greatly reduced crowds during the last two years. The head of an association that represents the Canadian gaming industry says the pandemics are forcing casino companies to review their operations and growth plans. He says many gamblers took to online gaming. Online gaming has expanded in Ontario during last 2 years, but some players have not returned.
Covid
Gateway ditching new $75M casino, will expand Western Fair site

Should Cambodia Ban Casinos?

Cambodian government needs to put the possibility of banning casinos on the table. Last week, video footage emerged showing Vietnamese nationals fleeing a Kandal province casino where they'd reportedly been held in slavery. The people fled the casino and tried to swim across a river back to Vietnam. According to some reports, a 16-year-old drowned. This took place while the new UN special rapporteur on human rights in Cambodia, Vitit Muntarbhorn, was making his maiden visit to the country. There are other casinos in the same country accused of forced labor. Laid-off workers at the NagaWorld casinos have been protesting since December 2021 over layoffs.
Covid
Should Cambodia Ban Casinos?

Can Online Casinos Ban Players for Winning Too Often?

Online casinos reached their peak during the COVID season. The sudden growth of online casino popularity has brought a rise in unwanted behavior. Casinos are forced to ban more and more player for all sorts of reasons.
Covid
Can Online Casinos Ban Players for Winning Too Often?

Explained: Future of online gambling technology in India

Gambling is a popular hobby in India, but the government doesn't approve it. In 2020, the COVID-19 epidemic struck the planet. People were obliged to stay indoors and avoid large crowds in public places. There are a few land-based casinos in a couple of states. Online gambling is legal in the country, because it's based on offshore casinos.
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Explained: Future of online gambling technology in India

No, gambling is not a ‘public health’ issue

Public Health England published a report on the risk factors for problem gambling. It was all a waste of time. Public Health lobby wants to make everything a public-health issue. It spreads the net across such a vast expanse of human behaviour that it renders the term ‘public health’ meaningless. The public health lobby spreads itself too thinly and it can't do its job. This is the case with the pandemic. There is no expertise in public Health that makes it better at solving complex social and economic problems than anyone else. In keeping with mission creep, the public sector claims everything from poverty and war to housing and climate change can be public. issues.
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No, gambling is not a ‘public health’ issue

Who wants to bid for Macao casino licences? EJINSIGHT

The Macao SAR government has set a deadline of September 14 for gambling operators to submit bids for new licences. The current licences of the six current operators expire at the end of December. Without a new contract, they will be banned from operating the casinos. In 2021, gambling revenue in Macau fell to US$10.8 billion from US $36 billion in 2019. Beijing's policy of 'Zero-Covid' has restricted the arrival of visitors to Maca. The law passed by the National People's Congress created a crime against cross-border casinos found organising or soliciting Chinese citizens to gamble.
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Who wants to bid for Macao casino licences? EJINSIGHT

Macau's casino losses exceed $2B mark in H1 as they await bidding process; recovery not expected until 2023

All Macau's casino operators reported half-year losses of $2 billion. Total gaming revenue came in at $3.3 billion, but the recovery is not expected until 2023. The city is still recovering from its largest Covid outbreak, which saw thelock-down of casinos for two weeks. The industry is also suffering from virus restrictions from the Mainland. Analysts warn that gaming revenues, the 80% of government tax revenue, could fall further even if the city reopens its border with mainland city Zhuhai.
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Macau's casino losses exceed $2B mark in H1 as they await bidding process; recovery not expected until 2023

US Online Casino News

There is a lot happening in the online gambling and sports betting industry around the world, including in United States.
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US Online Casino News

Non-China VIPs key target for Asia casinos: marketers

Non-China VIPs are key target for Asia casinos. China has been exercising a zero-tolerance approach to community infection since the Covid-19 pandemic. Chinese authorities have also emphasised a crackdown on citizens travelling overseas for casino play or being involved in online betting. The country has amended its criminal code to outlaw anyone assisting others in such activity from March 1, 2021. South Korean and Vietnamese expats living, working and owning businesses in destination markets will be a battleground in Asian markets. Hoiana, a casino resort in Vietnam, has a foreigner-only casino and has launched luxury hotel accommodation on a phased basis.
Covid
Non-China VIPs key target for Asia casinos: marketers

Las Vegas resort surprises thousands of workers with $5,000 bonus

The Cosmopolitan casino in Las Vegas surprised its 5,400 employees with a $5,000 bonus. The announcement came at a celebration event celebrating the workers. It is estimated that the bonuses cost $26m (£22m). The outgoing owners, the Blackstone real estate group, sold the operations of The Cosmo to MGM Resorts for $1.62bn (£1,384bn).
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Las Vegas resort surprises thousands of workers with $5,000 bonus

Cambodia renews 47 casino licenses in bid to boost sector

Cambodia's Ministry of Economy and Finance renewed 47 casino licenses and seven games of chance licenses. The total number of casino licences renewed this year is 63. Licenses are mainly for casinos located in Sihanoukville and border towns such as Poipet and Bavet. Mey Vann urged operators to target customers from Vietnam, Thailand, Malaysia and Europe. Only 20 casinos of Cambodia's more than 200 casinos were operational at the end of the June quarter.
Covid
Cambodia renews 47 casino licenses in bid to boost sector

Cambodian government renews 70 licenses for casinos and gambling-oriented companies

70 licenses to casino and game of chance companies were renewed in the second quarter of this year. 47 casinos and 7 games of chances were granted licenses on Friday. 16 other licenses were already granted in early June this this years. The licenses are for businesses that had suspended their operations affected by the COVID-19 pandemic for about two years, but they are being renewed to reopen their business. The list of license renewal recipients shows that casinos are in provinces including Banteay Meanchey, Svay Rieng, Kampot, Pailin, Preah Sihanouk and Sokha Hotel Co.
Covid
Cambodian government renews 70 licenses for casinos and gambling-oriented companies

Why Does the Popularity of Casinos Continue to Increase?

The year 2020 was a boom for all online services. More and more people are understanding how convenient and time-saving it is. Online casinos are attracting more and and better players. The main reasons for the growing popularity of the web gambling industry are listed below.
Covid
Why Does the Popularity of Casinos Continue to Increase?

Best US and UK casino shares

Rank Group, which owns Grosvenor casinos and Mecca bingo halls, returned to profit for the full-year in August. Rank's shares are down 53% in the past year and trade on a price earnings ratio of just six. The company's high rollers are feeling the effect of the cost of living squeeze.
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Best US and UK casino shares

Six weeks in, Virginia's first casino has exceeded expectations

Bristol Casino in Virginia has been open six weeks and has attracted guests from 49 states. The casino generated $11.71 million in adjusted gross revenues from gaming during its first partial month of operation. It also generated over $703,000 in taxes. Hard Rock Bristol is the casino's future home.   The company doesn't comment directly on financial information. Its nearest competitor is in a different state, 2.5 hours away.  The results were better than anticipated. They were conservative. and based on the unknown. When they open casinos in other areas, they will compare them with other casinos.
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Six weeks in, Virginia's first casino has exceeded expectations

KNWA Today: 'Las Faygas' charity casino

The C.A.R.E. initiative is a local non-profit that was started by the marketing agency Saatchi and Saachi X. It gives money to several non the charities that support children through abuse and neglect. The event called Las Faygas is being held on Friday, August 19th at the Walton Arts Center. Tickets are available for general entry, casino games, and the poker tournament.
Covid
KNWA Today: 'Las Faygas' charity casino

This Pandemic as Adverse Effect On Online Gaming Industry

The global pandemic affected millions of people. Online casinos were among the first to experience difficulties. Since the quarantine was put in place, there has been a consistent rise in the number of players playing at online casinos. Internet casinos are becoming more and more popular. Be on guard! Avoid sketchy websites without a license and check the support service. It's a sign of a dishonest club if there are problems with technical support. There is a new online casino opening up every day.
Covid
This Pandemic as Adverse Effect On Online Gaming Industry

Tribal casinos rebound after pandemic closures

Tribal casinos brought in a record $39 billion in revenue in 2021. The industry took a hit during the pandemic. It's rebounding now. Most rural gaming tribes are still getting back on their feet. The Menominee Tribe in northern Wisconsin recently reopened table games. They are struggling for employees. There are more opportunities for sports betting in Indian Country than before the epidemic. Some rural tribes still struggle for workers. For others, the benefits of the industry are not equally distributed.
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Tribal casinos rebound after pandemic closures

Gambling in the New Era

The recent market size of the online casino and betting industry worldwide reached 61.5 billion US dollars in 2021. It is predicted to reach 114.4 billion dollars by 2028.
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Gambling in the New Era

Covid-19 impact on the online gaming industry

Covid-19 has affected the online gaming industry. Online casinos have been able to attract more players. New casinos are springing up every other day. The website Rajbet.com advises people to avoid shady sites without a license. If there are issues with technical assistance, this is one of the symptoms of a dishonest club. It is also a sign of shady clubs. The company urges people not to gamble illegally. They also warn people about shady websites without licenses.
Covid
Covid-19 impact on the online gaming industry

Spiedini Fiamma Italian Bistro to open at Rampart Casino

Spiedini Fiamma Italian Bistro is taking over the old Spiedinis Ristorante premises at the Rampart Casino in Summerlin. The new restaurant will debut in September. Spidini Risto was operated by Las Vegas chef Gustav Mauler for many years.
Covid
Spiedini Fiamma Italian Bistro to open at Rampart Casino

Macau Casinos Win Just $49 Million From Gamblers In July

Macau casinos had their worst month ever in July. The total winnings were $49 million. It's the worst performance ever over a single month since Macau began casino gambling reporting in 2009. Covid-19 restrictions are to blame for the extreme plummet. Macao casinos were reopened on July 23 after a multi-week closure to try to contain the virus.
Covid
Macau Casinos Win Just $49 Million From Gamblers In July

Determined departure for Macau Legend Development Limited

Legend Development Limited has stopped being responsible for the casinos within the Legend Palace Hotel and Babylon Casino Macau developments. The company had offered gaming within both of these properties under piggy-backed ‘satellite casino’ agreements with larger operator SJM Holdings Limited. However, these arrangements have been cancelled after the local government passed legislation that could oblige such companies to truly own any properties in which they hope to offer gambling entertainment.
Covid
Determined departure for Macau Legend Development Limited

Twitch Gambling Has Raised Concerns Among the Streaming Community

There are many new genres and genres being streamed on Twitch lately. One of them is gambling. Amouranth, Pokimane and Asmongold are against it. However, Félix ‘xQc’ Lengyel has almost all his channels dedicated to gambling and he has admitted to having an addiction.
Covid
Twitch Gambling Has Raised Concerns Among the Streaming Community

US Gambling Companies Going Virtual

US gambling companies are going virtual thanks to the relaxation of online gambling laws in the country. The industry is generating billions of dollars in revenue. searches for “online casino’ reached an all-time high during lockdown. US companies raked it in as long-established gambling firms are raking it.
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US Gambling Companies Going Virtual

Solaire casino the star for Bloomberry

Bloomberry Resorts Corporation's GGR rose 131% year-on-year to US$235m in the quarter ending December 31. EBITDA rose by 277% to $70m and net profit was $32m.
Covid
Solaire casino the star for Bloomberry

Sega Sammy: Japanese VIPs heading back to Paradise City

Sega Sammy Holdings reports a group-wide 11.2% increase in net sales to JPY 66.1 billion (US$490 million) in June quarter. The group's pachinko and pachaislot segment's net profit more than halved to US$4.8 million. Paradise Co, which owns 55% of Paradise City, last week announced a 297% year-on-year and 110% sequential increase on casino revenue in July. The company's three other casinos in Korea are Paradise Walker-hill in Seoul, Jeju Grand and Busan Casino.
Covid
Sega Sammy: Japanese VIPs heading back to Paradise City

History of 10 famous casinos around the world

Gambling has been a part of human civilization since 2300 BC China. Baccarat was the first game played in modern-day casinos. Italy had the world's first casino, which was sanctioned by government decree in 1638. The global casino and online gambling industry has a market size of $231 billion and employs north of 1 million people. OLBG looks at the history behind the most famous casinos and lists 10 that made an indelible mark.
Covid
History of 10 famous casinos around the world

Microchip lack felt by slot makers says MGEMA boss Chun

Microchip shortage is biggest challenge for gaming machine manufacturers, says Jay Chun, president of the Macau Gaming Equipment Manufacturers Association. The association has 100 members, including slot machine and casino equipment manufacturers and suppliers. Regulators make it difficult to source components more quickly. Logistics has improved recently. He also chairs Hong Kong-listed casino and gaming management services firm, Paradise Entertainment Ltd. which produces gaming technology under the LT Game brand. It's a big problem to get all the components certified before using them. They can't use one chip today and another tomorrow.
Covid
Microchip lack felt by slot makers says MGEMA boss Chun

Banned Australian Gambler Who Lost $950,000 Sues Casino

Kim Huyen Tran Nguyen lost AU$950,000 at The Star casino in Sydney. She was banned for one year and cannot work there. The casino is still holding $2500 of her money. It has asked the court to dismiss the lawsuit and award them legal costs. The St has been embroiled in several controversial incidents in recent years. A highroller is suing the casino for more than $12 million in unpaid debts. Last year, a baccarat dealer was jailed for two years after cheating the Star out of about AUD$500,00.
Covid
Banned Australian Gambler Who Lost $950,000 Sues Casino

Las Vegas Advisors: 3 closed Vegas casinos set to be razed and sold

Station Casinos announced that Texas Station, Fiesta Rancho and Fiesta Henderson will not be brought back. The buildings will be razed and the land sold to noncasino companies. Pepsi Ice Arena adjacent to Fiesta rancho will continue to operate until it is sold. Eastside Cannery, owned by Boyd Gaming, is still in limbo.
Covid
Las Vegas Advisors: 3 closed Vegas casinos set to be razed and sold

Macau Casinos in Crisis Following COVID-19 Shutdown

Macau is in economic crisis. Only 50% of casino staff allowed to work. Social distance between staff and customers is very strict. Morgan Stanley analysts predict revenue will not surpass $7 billion in 2022.
Covid
Macau Casinos in Crisis Following COVID-19 Shutdown