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Mike Johnson
Lead EditorMike made his mark on the industry at a young age as a consultant to companies that would grow to become regulators. Now he dedicates his weekdays to his new project a the lead editor of GamblingNews.com, aiming to educate the masses on the latest developments in the gambling circuit.
Casino
March 30, 2020
Casinos In Detroit Extend Closure Putting Workers On Furlough
The three main casinos in Detroit have extended the temporary closure by two more weeks, at least until April 13, as the coronavirus /Covid-19/ outbreak in the state worsens, leaving thousands of its employees with no paychecks. Health Situation Requires Extension The initial period for the temporary shutdown of operations expires Tuesday, March 31, and […]
Sports
March 29, 2020
DraftKings Closes The Gap With Unpopular Sports And Free Pools
DraftKings reports an unusual amount of interest for their other betting products, such as table tennis and free-to-enter pools around other types of entertainment, with nearly 60% of all wagers over the past week coming from bets on ping-pong games from Russia and Ukraine. “Ping-Pong is fun to watch. A silver lining here is that […]
Sports
March 28, 2020
NFL 2020 Regular Season May Be Scrapped Due To Coronavirus Pandemic
More than two weeks have passed since all major sports leagues in the US have suspended or postponed games as a result of the measures undertaken across the country to combat the relentless spread of the coronavirus /Covid-19/ pandemic. All of the leagues remain hopeful to be able to restart as soon as the virus […]
Casino
March 27, 2020
Eldorado Faces $2.3M Per Day Ticking Fees For Missing The Deadline
Recently, the American Gaming Association announced all commercial casinos in the US have temporarily closed, in response to the coordinated effort to stop the coronavirus /Covid-19/ infection from spreading further by cutting its transmission from one person to another. Tribal casinos were following suit, leaving the whole casino industry in a standstill, and raising some […]
Legal
March 26, 2020
Isai Scheinberg Pleads Guilty Facing Up To 5 Years Jail Time
The founder and former executive of PokerStars, Isai Scheinberg, has pled guilty before U.S. Magistrate Judge Sarah L. Cave to running a multimillion-dollar unlawful internet gambling business and is now facing a maximum sentence of up to 5 years in prison. The Poker Companies Crackdown The charges relate to the crackdown against online gambling websites […]
Casino
March 25, 2020
Casinos Burn Millions Per Day Depleting Cash Reserves
Casino operators in the US are facing hard times ahead, especially if the temporary closure period is extended, as they continue to spend their cash reserves with practically almost no revenue, a recent report by Macquarie Research suggests. Casinos Went Dark The commercial land-based casinos in the US are virtually at a standstill, after the […]
Business
March 24, 2020
Former MGM Resorts CEO to Lead Coronavirus Task Force in Nevada
Last Sunday, Steve Sisolak announced the formation of a statewide task force that will be responsible for the state’s efforts to mitigate the spread of COVID-19. Referred to as the COVID-19 Response, Relief, and Recovery Task Force, the team will not only help in the efforts to fight the virus but it will also be […]
Business
March 22, 2020
UK Government Forces Temporary Closure Of Betting Shops
Betting shops in the UK are closing down for a period of two weeks, after the latest set of unprecedented guidelines to combat the outbreak of coronavirus /Covid-19/ spread put them in the group of non-essential businesses, alongside casinos, cafes, pubs, leisure centers, cinemas, and museums, that were asked to stop operations with immediate effect. […]
Casino
March 21, 2020
KSA Shows Resolve To Uphold Gambling Rules And Dish Hefty Penalties
The Netherlands gaming sector, as much any other country’s one, has been impacted by the ongoing spread of the coronavirus /Covid-19/, as mitigation measures across the world imply the same approach of isolation, and land-based gaming facilities are on top of the list of non-essential businesses that face temporary closure. Online Gambling Ads Illegal Online […]
Casino
March 19, 2020
Melco Resorts Takes Another Blow From Covid-19 Global Outbreak
Melco Resorts & Entertainment, through its ICR Cyprus Holdings Ltd joint venture, which operates the Cyprus Casinos brand and has a 30-year exclusive license to run casinos in Cyprus, was forced to close all of its five casinos in Cyprus, after the Council of Ministers of the island country had ruled the suspension of certain […]