#Omicron

The Philadelphia Inquirer

Pennsylvania reports recording gaming revenue driven by online casinos, sportsbooks

Pennsylvania reported a record $432.5 million in gambling revenue in November, up 48% from pre-pandemic numbers two years ago and the eighth straight month of elevated revenue following the widespread rollout of COVID-19 vaccines. Almost all of the growth over the last two years has been in new online forms of gaming, including such casino games as…

Finance ・ 12 February 2024

Government Technology

Online Gambling Is Surging, a Boon for Friendly States

Finance ・ 23 January 2024

The Nevada Independent

Supply chain issues snarling slot machines’ path to casinos

When the books are closed for 2022, Nevada's gaming equipment suppliers expect to have delivered more than 13700 new slot machines to roughly 30 North American gaming projects, including new casino properties and expansions to existing casino floors. But only if the supply chain cooperates. In the past few months, casino operators and gaming…

Industry ・ 11 January 2024

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Covid ・ 22 October 2023

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Yogonet

Nevada gaming win sees slight dip in March, still surpasses $1B mark for 25th consecutive month

Gaming win for Nevada casinos took a slight dip in March when compared to a year ago, according to latest figures posted by state gaming regulators. However, properties in the gambling mecca still managed to surpass the $1 billion mark, as non-restricted gaming licensees reported a win of $1.31 billion last month. The total is about 3.2% down when…

Land-based ・ 28 April 2023

The Nevada Independent

Southern Nevada casinos fuel Nevada to a record-breaking February

Depending on where you look, February was either another stellar month for Nevada gaming revenue or the second consecutive monthly decline in casino revenue totals. Statewide, Nevada casinos collected nearly $1.24 billion in gaming revenue during February, the highest figure ever recorded for the month, the Gaming Control Board said Tuesday. The…

Finance ・ 30 March 2023

iGaming Business

More bullishness for Las Vegas in 2023 after records set in 2022

The optimism started with a strong finish to 2022 that had Nevada breaking its 2021 gaming revenue record by the time November ended. By the end of December, Nevada had recorded 22 consecutive months in which gaming revenue exceeded $1bn. The 2022 figure of $14.8bn was 10.5% higher than in 2021. But what topped it off was how the Strip, in one of…

Travel ・ 20 February 2023

Gambling News

Nevada’s Gambling Market Revenue up 10.5% in 2022

Nevada's previous total market revenue recorded was during the 12 months that ended on December 31, 2021, when the state reached $13.40 billion. Now, the new $14.8 billion record was achieved with the help of revenue generated by the brick-and-mortar slots in the state. Those accounted for over two-thirds of the total revenue with $10 billion.…

Industry ・ 01 February 2023

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Review Journal

Las Vegas casinos, tourism got a big boost in 2022

Las Vegas saw 38.8 million visitors last year, a 20.5 percent boost compared with 2021. But the double digit percentage increase was not enough to beat the city's 2016 record of 42.9 million visitors. The Las Vegas Convention and Visitors Authority also reported Tuesday that the city had more than twice the number of convention attendees in 2022…

Sports ・ 01 February 2023

Nevada Appeal

Nevada casinos close out 2022 with record gaming revenue figures

Nevada's casino industry set annual gaming revenue records statewide and on the Strip when November's figures were counted. December's response? "Not so fast." Fueled by a single-month record for the Strip in December, Nevada finished 2022 with more than $14.8 billion in gaming revenue, blowing past 2021's $13.4 billion by 10.5 percent, the state's…

Finance ・ 01 February 2023

The Street

This Year's Best Las Vegas Strip Deal Was One That Never Happened

Las Vegas entered 2022 with a whimper. After a year that had been ruined due to covid, it seemed like the turning of the calendar would mark a new beginning for the Las Vegas Strip. The Consumer Electronics Show (CES), one of Las Vegas's largest conventions, which had been canceled the previous year, would make a full return in all its glory. That,…

Land-based ・ 26 December 2022

The Street

Mirage Closing, Caesars Flops: 2022’s Top Las Vegas Strip Stories

The Las Vegas Strip kicked off the year by hosting CES, the big tech conference long-known as the Consumer Electronics Show, which was expected to be somewhat close to normal after being virtual the year before. But it ended up as a shell of itself due to the Omicron variant of covid. Instead of Sin City's grand return, the event saw mostly empty…

Land-based ・ 14 December 2022

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CNN

Gambling surged to new records last year

Here's more proof that the house always wins: In 2021, America's gaming industry had its highest-grossing year ever. Again. The industry rolled in $53 billion in revenue last year - breaking the previous industry record by more than 20% registered in 2019, according to the American Gaming Association. Last year's record also shattered 2020 levels,…

Industry ・ 30 November 2022

The Street

Las Vegas Casinos: Indoor Mask Mandate Dropped (Updated)

Nevada Governor Steve Sisolak has removed the state's mask mandate that has required masks be worn in all indoor locations regardless of vaccination status. He made the move in Feb. 10 press conference which was broadcast by the Las Vegas Review-Journal. "Given all of these updates and the tools we have, now is the appropriate time for me to…

Covid ・ 31 October 2022

The Street

Forget Monkeypox: Las Vegas Strip Has a 'Tripledemic' Problem

While Las Vegas has largely recovered from the covid pandemic, some parts of business along the Las Vegas Strip remain vulnerable. People have been coming back, and revenue for the large Las Vegas Strip operators has been strong, but it's all a little tenuous as people and companies remain sensitive to any possible health concerns. Sentiment turned…

Land-based ・ 27 October 2022

Review Journal

Weeklong Macao casino shutdown affecting Sands, MGM, Wynn begins

Macao casino resorts closed their doors Monday as a weeklong government-ordered shutdown began in the region, taking a toll on properties including several operated by three Las Vegas-based companies. Because of elevated COVID-19 case numbers, Macao Secretary for Administration and Justice Andrew Cheong Weng Chun on Saturday ordered a closure of…

Covid ・ 21 October 2022

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Review Journal

Nevada gaming win records continue to fall for state’s major casinos

The state's casinos, paced by 215 licensees in Clark County, recorded the highest gaming win revenue in Nevada history in 2021, the Gaming Control Board reported Thursday. The state's largest casinos in December also won more than $1 billion from players for the 10th straight month, extending the record that had stood for 14 years and was broken in…

Roulette ・ 21 October 2022

The Street

Las Vegas Strip Gets Key, Surprising Covid News

The Las Vegas Strip seems bigger than life -- an adult theme park built by magic and dreams. It's a place to either escape reality or live a heightened version of it. In many ways, when you get lost in the sea of Caesars Entertainment (CZR), MGM Resorts (MGM), Wynn Resorts (WYNN), and the other titans of that 4.2-mile stretch of land, you feel as…

Covid ・ 12 September 2022

Yogonet

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

As the Nevada Gaming Control Board reported Friday, Nevada casinos set new records in January, which became the 11th straight month of $1 billion or more in house winnings, while topping early 2020 results. Properties in the state won nearly $1.1 billion in the first month of the year, an increase of nearly 42% from January 2021, and up 4% compared…

Covid ・ 02 September 2022

Proactive

Casino Stocks, Oil Prices Tumble On China Lockdowns

Oil futures and casino stocks sank Monday on fresh Covid-19 news out of China. Natural gas prices bolted on the scheduled shutdown of the Nord Stream pipeline, cutting Russia's gas supply to Germany, amid already sky-high demand and tight supply. On Monday morning, Macau - an administrative region in China and the world's largest gambling hub -…

Covid ・ 11 July 2022

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AGB - Asia Gaming Brief

Hann Casino Resort sees strong recovery, plans $1b more in investments

Hann, which was formerly known as the Widus Group, unveiled its plans to revamp the Widus Resort and for a new lifestyle brand, Hann Lux Lifestyle Resort, in 2020, with an initial investment of about P20 billion. The rebranded Hann Casino Resort reopened in December last year, and in March it rolled out the Philippines first Swissotel. The property…

Travel ・ 28 June 2022

GGRAsia

Macau shuts leisure sites amid Covid, casinos can still run

Macau's Chief Executive, Ho Iat Seng, has used his powers to gazette the shutting of most leisure facilities in the city with effect from 5pm on Thursday. He affirmed at a 2.30pm press conference the latest round of "immediate prevention" steps to break the chain of transmission for the current outbreak of Covid-19, which saw the confirmed case…

Covid ・ 23 June 2022

The Nevada Independent

Indy Gaming: Nevada casino regulators call cryptocurrency a ‘complex’ topic

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz Volatile pricing fluctuations that can…

Land-based ・ 01 June 2022

Yogonet

Mohegan Sun Las Vegas and MGE Digital boost 28% growth for the parent company's revenues

Mohegan Gaming & Entertainment (MGE), on Thursday posted overall net revenues of $358.5 million in its second fiscal quarter ended March 31, a year-over-year increase of 28.7% , and adjusted EBITDA of $86.7 million, an increase of 7.4%. These improvements were due to "strong performance" at the company's owned properties and the addition of Mohegan…

Finance ・ 13 May 2022

AGB - Asia Gaming Brief

Kangwon Land 1Q22 GGR slips sequentially, but non-gaming strong

Kangwon Land, the only casino in South Korea where locals are permitted to gamble, reported a 6.3 percent decline in 1Q22 revenue as a strong performance in non-gaming failed to offset a decline in casino revenue from the prior quarter. The company reported total sales of KRW226.9 billion, while gaming revenue fell 10.5 percent from the prior…

Covid ・ 12 May 2022

Review Journal

IGT capitalizes on strong casino demand in first-quarter earnings report

Strong casino play has prompted operators to upgrade their slot machines, a boon to gaming equipment behemoth IGT. The London-based company with a heavy presence in Nevada reported narrowing net income despite a 3.5 percent increase in revenue in the first quarter of 2022. IGT executives attributed the decline to omicron variant-produced downturns…

Finance ・ 10 May 2022

The Street

Las Vegas Strip Gets Good News From Caesars

During tougher economic times, people spend less money. That's not just true of people impacted by those economic conditions. It can also be people simply worried about potential bad times or economic struggles who preemptively spend money more carefully. Inflation or other economic woes might cause people to cut the cord with cable, cut back on…

Land-based ・ 10 May 2022

AGB - Asia Gaming Brief

Your Daily Asia Gaming eBrief: Where did skill-based slots go?

Good Morning. When was the last time you heard about skill-based gaming machines? We asked that same question at AGB last week and went out to get answers. What we've found is that while some have closed shop, the others that remain are alive and kicking - and now more focused after learning from mistakes of the past. In today's Deep Dive, we speak…

Covid ・ 09 May 2022

Investor Place

3 Casino Stocks to Buy as Focus Shifts to Domestic Travel

With frustrations associated with the novel coronavirus reaching a fever pitch, myriad households are ready to abandon their facemasks for some fun in the sun. As several mainstream publications have reported, the concept of revenge travel - or consumers opening their wallets to make up for lost experiences - has spiked in popularity. But the…

Travel ・ 26 April 2022

The Nevada Independent

Indy Gaming: Aristocrat Americas president sees convergence with online and casinos

Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada. If a colleague or associate emailed this newsletter to you, please to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz Tom O'Brien returned to Aristocrat…

Sports ・ 06 April 2022

The Nation

Can Las Vegas Be Made Sustainable?

Las Vegas is all about light. Despite its desert location and the sunsets that turn the surrounding mountains and red-rock canyons all colors of delicate pink, the lights for which Las Vegas is most renowned are electronic, the kind that blur the line between night and day and leave visitors to Las Vegas always feeling that they have, somehow,…

Covid ・ 04 April 2022

Pahrump Valley Times

Nevada casinos won $1.113B in February

If there was going to be a month that state gaming win fell below $1 billion, it probably would have been February with its 28 days, right? Not so. The Nevada Gaming Control Board on Wednesday announced that the state's 433 major casinos won $1.113 billion from gamblers for the month, an all-time record for a February. It also was a record 12th…

Land-based ・ 31 March 2022

Onrec

Will the Russia-Ukraine Conflict Impact the Online Gambling Industry?

Ever since Russia decided to invade Ukraine earlier this year, many countries have since come to the aid of Ukraine in different ways. Most notably, the United States, Germany, and Italy have even lent the Ukrainian government weapons and arms to defend themselves. Aside from that Ukraine has been receiving financial aid from other countries around…

Industry ・ 30 March 2022

Australian Aviation

Qantas capacity rebound raises slot waiver questions

The federal government's decision to extend airport slot waivers will likely be questioned further after Qantas said its domestic capacity is set to reach 110 per cent of pre-pandemic levels at Easter. The airline revealed on Friday its upcoming holiday numbers compare with an average of just 40 per cent in the second half of 2021, as multiple…

Covid ・ 25 March 2022

Vegas Slots Online

Grosvenor Casinos Offers Interviews for Laid-Off P&O Staff

UK firm Grosvenor Casinos has provided a lifeline to recently fired P&O workers by offering interviews to those affected by the sudden dismissals. [Image: Shutterstock.com] In the UK, P&O Ferries is facing a backlash after the firm fired 800 of its staff on the spot. The Rail, Maritime, and Transport (RMT) trade union labeled the sudden layoffs "a…

Covid ・ 18 March 2022

The Motley Fool

Why Casino Stocks Jumped Today

casino stocks had a great day on Wednesday with a number of companies jumping double digits. There was some earnings to report, but there are also market tailwinds with the S&P 500 trading 1.1% higher and the Nasdaq Composite up 2.5% today. As highly volatile stocks, it's not a shock that casino stocks are amplifying those gains today. MGM Resorts…

Finance ・ 16 March 2022

World Casino News

Macau casino firms experience second share slump

For the second consecutive weekend and the aggregated value of shares in the six-strong club of licensed Macau casino operators has reportedly dropped significantly owing to a number of factors including the ongoing presence of coronavirus. According to a report from Inside Asian Gaming, the combined market cap of the Hong Kong-listed sextuplet…

Covid ・ 15 March 2022

Pulse

New Jersey Gambling Market Hits $4.74 Billion for ‘21, Predictions For ‘22

In the United States, the state of New Jersey reportedly brought in $4.74 billion in total gambling revenue for 2021, and economists expect even bigger numbers through Q1 of this year, as sports betting hits new highs. According to NJ's Office of the Attorney General, "Total Gaming Revenue reported by casinos, racetracks, and their partners for…

Winnings ・ 15 March 2022

Vegas Slots Online

Cambodian Police Confront 156 NagaWorld Casino Strikers

Days after 200 NagaWorld Casino workers were released from detention, Cambodian police used force to get 156 demonstrators onto buses bound for a quarantine center. [Image: Shutterstock.com] Just two days after Cambodian officials released 200 striking NagaWorld Casino workers following public criticism from the United States and United Nations,…

Incidents ・ 13 March 2022

Review Journal

Optimism high among casino execs during Las Vegas investor forum

Nevada-based casino companies are poised for a strong 2022, judging by the upbeat comments from executives during an investment forum this week at Wynn Las Vegas. Casino executives said business is approaching or surpassing pre-COVID-19 levels, many companies are showing favorable group business calendars and leisure visitors continue to crowd…

Finance ・ 10 March 2022

HNR Hotel News

Las Vegas Casino and Hotel Market Outlook 2022

The number of visitors to Las Vegas exceeded 32.2 million in 2021, which was 10.7 million below the peak number of visitors in 2016. However, gaming revenue in Clark County in 2021 was $11.5 billion, which was approximately $600 million above the prior peak achieved in 2007. Occupied rooms in Las Vegas grew 70.7% in 2021, compared to 2020, from…

Land-based ・ 07 March 2022

The Nevada Independent

Resorts World Las Vegas was 75 percent cash flow positive following 2021 opening

Just three months shy of its one-year anniversary, Resorts World Las Vegas hit 75 percent of its cash flow projections during 2021 and is making plans for a second phase of the $4.3 billion, 3500-room Strip hotel and casino. In a presentation to the Gaming Control Board Wednesday, Resorts World Las Vegas President Scott Sibella said COVID-19…

Travel ・ 02 March 2022

Yogonet

Canada: BCLC iGaming revenue to be hit by illegal gambling, operators in other jurisdictions

The British Columbia Lottery Corporation said on Tuesday that, despite projected continued growth, online gambling sites operating illegally in B.C. are increasing their investments in sponsorships and advertising in both the Province of British Columbia and across Canada, which could cut revenues for the company. The Canadian Crown corporation…

Finance ・ 02 March 2022

The Street

Southwest Has Good News for Caesars, MGM, and the Las Vegas Strip

In a normal year, the Consumer Electronics Show pushes Las Vegas to capacity. Nearly 200000 people attend the convention, filling hotels not just on the Las Vegas Strip but pretty much any property in the city. This year, while CES had an in-person show, many major exhibitors pulled out at the last minute due to a surge in Covid cases. CES…

Land-based ・ 28 February 2022

BIV

Lottery corporation calls foul as ‘grey market’ gambling companies target B.C. market

Last summer's legalization of single-event sports gambling in Canada is turning into a good news, bad news story for B.C. Lottery Corp. (BCLC). According to its three-year service plan, published Feb. 22 with the provincial budget, the Crown gambling monopoly predicts seven per cent revenue growth in the 2022-23 fiscal year through its PlayNow…

Lottery ・ 23 February 2022

Asgam

Smartkarma questions S&P decision to downgrade Las Vegas Sands to junk

Investment insights platform Smartkarma has questioned a decision by S&P Global Ratings to cut global casino giant Las Vegas Sands to junk, claiming it paints an overly negative picture of the company's solvency and the recovery outlook of its key markets in Macau and Singapore. S&P issued the downgrade last week, dropping LVS to below investment…

Covid ・ 22 February 2022

Vegas Slots Online

Boyd Will Renovate Fremont Casino in Las Vegas for $50m

Boyd Gaming has begun a $50m renovation of its Fremont Hotel and Casino in downtown Las Vegas. Executives of the casino company announced the project on Thursday during a fourth-quarter earnings release. The renovation of the Fremont Hotel and Casino is part of a wider plan to spend $250m on capital projects this year. enhancement and expansion of…

Covid ・ 22 February 2022

The Street

Las Vegas Hotels, Casinos Try to Move Past the Pandemic

Aside from the cruise industry, Las Vegas may have been hit harder by the Covid pandemic than any other business segment. Tourism stopped. Conventions were canceled and international travel shut down as the world tried to contain the virus. Las Vegas only shut down for a short period, but when it reopened, the city's famous casinos dealt with mask…

Covid ・ 21 February 2022

Gambling News

Omicron Surge Unlikely to Dissuade Gambling In Malaysia

According to a note issued by Malaysia's Maybank Investment Bank Research, the sudden rise in the number of COVID-19 cases caused by the Omicron variant is not likely to trigger a drop in the number of gamblers or result in additional lockdown scenarios. According to analyst Samuel Yin Shao Yang, the fear of Omicron has been alleviated by the…

Covid ・ 18 February 2022

CBS Detroit

Gambling Brings In $53 Billion, Surging To New Records Last Year

Covid ・ 17 February 2022

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Yogonet

Carnival Cruise and Royal Caribbean's casinos reintroduce smoking this week

Carnival Cruise Lines and Royal Caribbean are reinstating smoking in their casinos starting this week. The two lines were among several that enforced casino smoking prohibitions last month amid tightened Covid-19 protocols in response to the omicron variant. Carnival's new casino rules, effective with cruises departing on or after Monday, February…

Travel ・ 16 February 2022

TravelPulse

Carnival, Royal Caribbean Lift Smoking Ban in Cruise Ship Casinos

Two major cruise lines announced smoking would once again be permitted inside casinos onboard qualifying ships. According to Cruise Critic, Carnival Cruise Line and Royal Caribbean Cruises announced they would lift restrictions on indoor smoking, a protocol implemented last month to combat the spread of the Omicron coronavirus variant. Carnival…

Travel ・ 15 February 2022

Cruise Critic

Smoking in Casinos Allowed Again on Carnival and Royal Caribbean Cruise Lines

Travel ・ 14 February 2022

The Motley Fool

Why Casino Stocks Jumped This Week

casino stocks had a good week, climbing double digits in some cases. The industry continues to get positive news from U.S. gambling sites, led this week by MGM Resorts International (NYSE:MGM) reporting earnings. According to data provided by S&P Global Market Intelligence, the biggest stock move this week was Penn National Gaming (NASDAQ:PENN),…

Finance ・ 11 February 2022

World Casino News

January downturn in American casino footfall

Last month reportedly saw an aggregated drop in the number of patrons visiting casinos across the United States although this slump could be short-lived as the prevalence of the omicron variant of coronavirus continues to decline. According to a Monday report from CDC Gaming Reports, foot traffic at American casinos in January was down by 2% when…

Travel ・ 08 February 2022

Vegas Slots Online

VSO Analysis: US Gambling’s Pandemic Recovery in 2021

The US gambling industry suffered immensely in 2020 as the COVID-19 pandemic swiftly tightened its grip on the sector. Casinos across the nation closed their doors while their employees could only wait to hear if they still had jobs at all. the sector has well and truly woken from its slumber In contrast, 2021 painted a different picture entirely.…

Covid ・ 30 January 2022

Beat The Fish

Mask Mandate Tightened At Las Vegas Casinos for New Years Eve

While the majority of venues in other major cities around the world, such as London and New York, have cancelled their celebrations, Vegas casinos and clubs are going ahead with theirs. As over 300000 guests are expected to visit Las Vegas Casinos for various New Year's Eve festivities, the Nevada Gaming Control Board has tightened Emergency…

Covid ・ 30 January 2022

KTNV Las Vegas

Nevada casinos hit 10 straight billion-dollar months

Nevada hit ten straight billion-dollar months-a streak that continues to grow. The Nevada Gaming Control Board says Clark County accounted for nearly all of it, $998 million out of $1.15 billion, with $650 million coming from casinos on the Las Vegas Strip. Unfortunately, we have had to go through a few surges of COVID-19; most recently with…

Land-based ・ 28 January 2022

SBC News

Swedish government scraps reintroduction of online casino restrictions

The Swedish government's plans to re-impose temporary restrictions on online casino in the country on 7 February have been scrapped, prompting relief from the betting sector. Planned restrictions would last until the end of June, and include all temporary measures introduced last year due to the COVID-19 pandemic, including an SEK 4000 deposit…

Covid ・ 28 January 2022

Newmarket Today

Casino Rama 'very optimistic' about plans for reopening

Slot machines, table games, restaurants to reopen Jan. 31 at 50 per cent capacity The slot machines, table games, and restaurants at Casino Rama are ready to entertain customers once again. After being shut down on Jan. 3 by the Ontario government amid the rise of the Omicron variant, Casino Rama is reopening Monday morning at 50 per cent capacity.…

Valentine's Day ・ 27 January 2022

City A.M.

Gambling company Rank bounces back quickly following Omicron slump

Gambling company Rank has marked its return to profitability in the six months ended 31 December, as a result of improved revenue performance in subsidiaries such as casino company Grosvenor as well as bingo firms Mecca and Enracha. After a Covid-induced slump, Rank's profits went up to £24.1 compared with the £41.2m loss registered last year. The…

Covid ・ 27 January 2022

Review Journal

Asian pandemic downturn leads Las Vegas Sands to stay patient

Las Vegas Sands Corp. executives will stay patient with their big investments in Macao and Singapore as the company prepares for its next phase of operations: one without Las Vegas resorts. Company leaders told investors during their fourth-quarter earnings call Wednesday that they'll stay the course in Macao, where it is the market leader, and go…

Covid ・ 27 January 2022

Orillia Matters

Casino Rama all-in to re-open next week, 'optimistic' about plans

Valentine's Day ・ 26 January 2022

Country 106.5 WYRK

Great News For Niagara Casinos

Ontario is once again beginning to open up and that means great news for many businesses, including casinos, in Canada. The Provincial Government of Ontario, Canada has begun a process of re-opening to slow the spread of the omicron variant of COVID-19 and that means great news for Niagara casinos. The latest update allows casinos to open once…

Covid ・ 25 January 2022

European Gaming

Lower Deposit Limits for Swedish Players

Covid-19 has been the culprit of many restrictions over the last two years - gambling in Sweden is one of them. Weekly deposits at online casinos were capped at SEK 5000 from June 2020 to November 2021 in an attempt to control online gambling. While this was originally supposed to be a short-term measure, the cap was repeatedly extended due to the…

Covid ・ 21 January 2022

Gambling News

Sweden's Spelinspektionen Happy to Bring Back Online Gambling Limits

Sweden is going to bring back online gaming restrictions as the omicron variant of COVID-19 starts to make its presence known in the country. Restrictions had been introduced during the first wave but, this time, they're being tightened. The country asserts that the measures are needed to combat a rise in online gaming during the pandemic, despite…

Covid ・ 18 January 2022

GGRAsia

Quiet Chinese New Year for Singapore casinos: analyst

The Singapore casino market could face another "quiet" Chinese New Year due to the suspension of the city-state's vaccinated travel lane programme in response to the highly-infectious Omicron variant of Covid-19, says a Monday note from Maybank Investment Bank Bhd. This time the lunar new year falls on February 1. The institution covers Genting…

New Year ・ 18 January 2022

New Jersey Online Gambling

Borgata Again Was King Among Atlantic City Casinos In 2021

Borgata, the so-called "first Las Vegas-style casino in Atlantic City" when it opened in 2003, continued to have no peer on the South Jersey island last year. A hefty $606 million in brick-and-mortar gambling revenue far outpaced a pair of mid-2018 newcomers in Hard Rock ($431.1 million) and Ocean Casino ($306.8 million) and the six other casinos,…

Land-based ・ 17 January 2022

The Bharat Express News

Ford government could lose $2.8 billion in online betting, report warns

As Premier Doug Ford's government prepares to open up Ontario's online gambling market, there is a warning that its plans could see the province and municipalities lose hundreds of millions of dollars in annual revenue. That warning is in a new report from a gaming industry consulting firm, obtained by TBEN News. The report was prepared for Great…

Covid ・ 17 January 2022

SBC News

Spelinspektionen approves reinstatement of Swedish online gambling restrictions

Camilla Rosenberg, Director General of Spelinspektionen, Sweden's Gaming Inspectorate has stated that the regulator holds no objections to the re-imposition of temporary liability measures on online casino games. Temporary restrictions on online gambling have been reintroduced in Sweden, as both the government and the Swedish Gaming Inspectorate…

Covid ・ 17 January 2022

The Press Of Atlantic City

NJ casinos, tracks won $4.7B in 2021; in-person winnings lag

ATLANTIC CITY - Casino gambling, sports betting and online wagering in New Jersey brought in over $4.7 billion in 2021, but the casinos' core business - in-person gambling - did slightly poorer than it did before the coronavirus pandemic hit. Figures released Friday by the New Jersey Division of Gaming Enforcement show the nine casinos won a total…

Winnings ・ 14 January 2022

Gambling News

Omicron Closes Danish Casinos, GGR Soars in November 2021

Despite the numerous lockdowns and restrictions imposed by the pandemic at the end of last year, Denmark's gross gaming revenue rose by 22.7% across all sectors in November 2021. With upcoming closure plans pending for gaming arcades and brick-and-mortar casinos, the gaming market is expected to take a new hit in the next few weeks. According to…

Covid ・ 13 January 2022

The Journal Record

Gambling revenues down, but Atlantic City looks forward

ATLANTIC CITY, N.J. (AP) - Atlantic City's casinos are forging ahead with ambitious new projects in 2022, even as the coronavirus pandemic continues to make it harder to do business. And non-casino projects involving family entertainment, education and the offshore wind industry will take flight in the new year. But challenges lurk, as…

Finance ・ 13 January 2022

The Nevada Independent

Analyst: Events will make 2022 bigger Las Vegas revenue year than 2021

As the Las Vegas resort industry awaits the full return of its convention and meeting business, one gaming analyst said high-profile events tied to the National Football League will boost Southern Nevada visitation in the first half of the year, despite the recent national spike in COVID-19 cases. Daniel Politzer, who follows the gaming industry…

Finance ・ 13 January 2022

Gambling Insider

Casinos in Denmark remain closed to combat Covid

Casinos and gaming arcades in Denmark will remain closed until 31 January 2022 to curb the spread of Covid-19. The Nordic country's Minister for Health Magnus Heunicke made the announcement during a press conference, which was followed by an update from the Danish Gambling Authority (DGA). In a statement on its website, the DGA said: "It is the…

Covid ・ 13 January 2022

Online Poker Report

Privatization Delays Costing Ontario Money As Casinos Shut Down Again

Ontario has closed the doors on all casinos in the province until a tentative date of January 26. The order came on Jan 4 and went into effect the following day. The Doug Ford government made the decision as the COVID-19 variant Omicron overwhelms healthcare and causes staffing shortages across the board. In doing so, it has highlighted the…

Gaming Authorities ・ 12 January 2022

Casino City Times

This Week in Gambling: Las Vegas braces for Omicron

We kick off the New Year with Las Vegas preparing for the worst, as the Omicron variant of coronavirus sweeps over the country. Enforcement of the Nevada mask mandate is being increased, with the Gaming Control Board "stepping up" enforcement at casinos. New Years is upon us, and the Las Vegas mask mandate is still in effect. Now, the Nevada Gaming…

Covid ・ 09 January 2022

iGaming Business

Swedish government plots new casino deposit cap

The country's Minister for Social Security Ardalan Shekarabi revealed today (4 January) that a consultation had been launched as a result of the worsening Covid-19 situation, in order to protect vulnerable players. The consultation will run until 17 January, with the new measures then implemented from 7 February, until 30 June. "In a welfare state…

Covid ・ 06 January 2022

Global News

Ontario casinos fully close again due to province’s latest COVID-19 measures

Ontario casinos and charitable gaming centres have shut their doors again due to the province's latest restrictions amid another wave in the COVID-19 pandemic. Fallsview Casino Resort, Casino Niagara, Gateway Casinos in Woodstock and London, as well as Caesars Windsor are just some of the 28 OLG gaming venues that will be shuttered until at least…

Covid ・ 05 January 2022

DJC Oregon

Casino construction on tap in Atlantic City

ATLANTIC CITY, N.J. - Leaders of Atlantic City's casinos are forging ahead with ambitious new projects in 2022, even as the COVID-19 pandemic continues to make it harder to do business. And non-casino projects involving family entertainment, education and the offshore wind industry will take flight this year. But challenges lurk as well. In-person…

NFL ・ 05 January 2022

GGRAsia

Manila tougher restrictions, casinos at limited capacity

Metro Manila in the Philippines is since Monday (January 3) under the more restrictive "alert level 3", as a countermeasure against the further spread of Covid-19 in the region. At least one casino resort at Entertainment City has confirmed to GGRAsia that its gaming floor remains open, albeit under limited capacity. A reply to GGRAsia via the…

Covid ・ 04 January 2022

Vegas Slots Online

GGR at Macau Casinos Was up 44% Year-on-Year for 2021

Macau's casino sector had a much stronger performance in 2021 following a massively turbulent year in 2020 due to the COVID-19 pandemic. While there were still pandemic-related issues to deal with in 2021, Macau's casinos managed to generate gross gaming revenue (GGR) of MOP$86.86bn (US$10.8bn), a 44% year-on-year improvement. still 70% lower than…

Covid ・ 03 January 2022

Gambling News

Wynn Macau, Casino Companies Pay Bonuses to Employees

Wynn Macau has decided to give all of its (or nearly all) employees a holiday bonus that will be paid out this month. The bonus reflects not so much on the holiday season but rather on the dedication with which members of the team have worked through the nadir of the pandemic and coped with a challenging health environment throughout 2021. Wynn…

Jobs ・ 03 January 2022

Denton Record - Chronicle

Gambling boom in 2021 sets new record after pandemic slump

The gambling business boomed like never before in 2021 as droves of pandemic-weary tourists returned to the Las Vegas Strip and casinos across America, flush with pent-up savings. Nevada's casinos are poised for their best year ever, state gaming officials said, with $12.3 billion in total winnings in the first 11 months of the year. Less…

Covid ・ 01 January 2022

Portland Press Herald

Atlantic City casinos betting new investments will pay off

ATLANTIC CITY, N.J. - Atlantic City's casinos are forging ahead with ambitious new projects in 2022, even as the coronavirus pandemic continues to make it harder to do business. And noncasino projects involving family entertainment, education and the offshore wind industry will take flight in the new year. But challenges lurk, as well. In-person…

Land-based ・ 01 January 2022

Market Watch

Omi-what? Las Vegas New Year's Eve fireworks show will go on, with 300,000 expected

LAS VEGAS - Las Vegas isn't canceling or scaling back plans for big New Year's gatherings amid concerns about the rapid spread of the omicron variant of COVID-19, regional public safety and elected leaders said Wednesday. More than 300000 visitors are expected in town for events including a New Year's Eve fireworks show on the Las Vegas Strip that…

New Year ・ 30 December 2021

The Nevada Independent

Nevada casinos near all-time gaming revenue mark after strong November

Nevada casinos have recorded their third-highest gaming revenue year. And there is still one month to be added to the 2021 books. The Gaming Control Board said Wednesday that statewide gaming revenue in November was $1.32 billion, just shy of the single-month record of $1.36 billion reported in July. November's totals were a 41 percent increase…

Land-based ・ 29 December 2021

Fox 5 Vegas

Las Vegas holiday travel still strong amid omicron concerns

LAS VEGAS (FOX5) -- A UNLV hospitality expert says Las Vegas travel for the Christmas holiday and New Year's Eve is still strong, despite threats from the omicron variant that could put a damper on travel plans. According to professor Amanda Belarmino, Thanksgiving travel to Las Vegas was busier than pre-pandemic years, and the rest of the year is…

Covid ・ 25 December 2021

Bakersfield

Pa. gambling revenue is on a roll, but not at the casinos

PHILADELPHIA - Pennsylvania reported a record $432.5 million in gambling revenue in November, up 48% from prepandemic numbers two years ago and the eighth straight month of elevated revenue following the widespread rollout of COVID-19 vaccines. Almost all of the growth over the last two years has been in new online forms of gaming, including such…

Finance ・ 22 December 2021

Barrie 360

Casino Rama Resort Postpones January & February 2022 Concerts

News release - from Casino Rama Due to the concerns surrounding the emerging Omicron strain of the Covid virus and the Ontario Government's newly imposed capacity restrictions on large venues of 1000 or more, Casino Rama Resort has temporarily postponed concerts scheduled for January and February 2022. All other shows for 2022 remain as scheduled…

Covid ・ 22 December 2021

Nevada Appeal

Nevada, Las Vegas chart jumps in key COVID-19 measurements

LAS VEGAS - Health officials in Nevada are charting jumps in key coronavirus measurements, including more than 3800 new cases of COVID-19 in Clark County during the last week.The Las Vegas area surpassed 6400 deaths from coronavirus since the pandemic began, or 77% of the more than 8300 people who've died statewide.The Southern Nevada Health…

Covid ・ 22 December 2021

Vegas Slots Online

Quebec Closes Its Casinos Due to Rising COVID-19 Cases

Quebec is closing casinos, bars, spas, gyms, and cinemas as a result of rising COVID-19 cases in the province. Spectators will also no longer attend sporting events, with the Quebec Health Minister Christian Dub é also advising restaurants to close their doors at 10pm. Monday's announcement of these new measures comes a few days after the…

Covid ・ 21 December 2021

European Gaming

Rada Misses December Vote on Ukraine Gambling Law’s Tax Code

The Verkhovna Rada has missed its final opportunity to vote on the tax framework required to complete the outstanding technical arrangements of Ukraine's Gambling Law. Closing its hearings on Friday 17 December, the Rada held no vote on Bill 2713 - a proposal backed by Ukraine's Committee on Finance that finalises the tax framework of the Gambling…

Finance ・ 21 December 2021

Orillia Matters

Casino Rama postpones concerts slated for January, February

Decision made due to concerns surrounding the Omicron strain of the COVID virus and the Ontario government's newly imposed capacity restrictions NEWS RELEASE CASINO RAMA ******************** Due to the concerns surrounding the emerging Omicron strain of the COVID virus and the Ontario government's newly imposed capacity restrictions on large venues…

Covid ・ 17 December 2021

San Francisco Bay Area News

$11 Million SuperLotto Plus Jackpot Ticket Sold At San Jose 7-Eleven

SAN JOSE (CBS SF) - There was a new San Francisco Bay Area millionaire Thursday morning after a SuperLotto Plus ticket sold at a San Jose 7-Eleven matched all six numbers. California Lottery said the ticket was sold at the 7-Eleven at 4270 Senter Road and was worth $11 million. The winning numbers were 8-5-39-19-9 with a Mega Ball of 9. 'I See a…

Winnings ・ 16 December 2021

Casino City Times

This Week in Gambling: Holiday gambling news from Las Vegas and Florida

Gaming News 16 December 2021 It's our last show of the year, filled with holiday gambling news. We have a coronavirus update from Las Vegas, as well as a sports betting update from Florida and a disturbing report on problem gambling.We've been following Seminole sports betting and Florida for weeks. A Judge ruled the agreement between the two to…

Travel ・ 16 December 2021

Metropolitan Airport News

New EU Slot Use Rules for Summer 2022

Geneva-IATA thanks the European Commission for providing confirmation of the slot rules for next summer in good time, resisting calls to fully switch the pre-pandemic slot rules back on. The extended slot alleviation provides certainty of the rules when the demand environment remains unpredictable, allowing airlines to build sustainable schedules…

Covid ・ 15 December 2021

GGRAsia

Hann casino resort 5k-plus visitors in first 4 hours: CEO

The Hann Casino and Resort located at Clark, in the Philippines, welcomed more than 5000 visitors in its first four hours after opening at 2pm on Wednesday, said Daesik Han, the president and chief executive of its promoter, Hann Philippines Inc, in an interview with GGRAsia. "The most important thing is to capture this local market," said Mr Han,…

Travel ・ 15 December 2021

Review Journal

AGA confirms record 2021 gaming revenue from nation’s casinos

Nevada has produced its share of gaming revenue records this year, so it stands to reason that the American Gaming Association is indicating commercial gaming revenue nationwide will reach its highest level ever in 2021. And that's without all of the numbers from November numbers in and nothing yet from December. The AGA on Wednesday affirmed that…

Finance ・ 09 December 2021

Golden Casino News

MGM Resorts continues to expand, targets new facility in Las Vegas

MGM Resorts International Considering a New Facility on the Las Vegas Strip. MGM Resorts is growing increasingly enthusiastic about the southern end of the Las Vegas Strip's future. This week, one of its top officials indicated that additional improvements in the area might be imminent. MGM Resorts, which operates most of the Strip's casinos,…

Travel ・ 06 December 2021