Casino
January 3, 2021
Packer Allegedly Meets with Adelson, Fuels Crown Sale Rumor
An encounter in the French Caribbean further fueled speculation Crown Resorts’ major shareholder James Packer is looking for the way out of the company, seeking to cash in on his 36% stake in the casino and hospitality operator. Multi-Million Yachts Docked Beside Each Other James Packer celebrated New Year’s Eve on board of his $200 […]
Casino
January 2, 2021
Macau December Revenue Completed the Worst Year on Record
The casino industry in Macau registered in December another month to forget, to complete the worst year on record, the Monthly Gross Revenue from Games of Fortune report released by the Gaming Inspection & Coordination Bureau revealed. December YoY Decline Less than in November Casinos in the Special Administrative Region (SAR) of China showed little […]
Casino
January 2, 2021
Navajo Lays Off Temporarily More than 1,100 Casino Employees
Navajo Nation Gaming Enterprise, the business entity of the Navajo Nation operating the tribe’s gambling establishments in Arizona and New Mexico, announced Thursday plans to temporarily lay off on New Year’s Day more than 1,100 workers. Temporary Layoffs to Cut Costs The Gaming Enterprise noted in its release that due to the impact on revenue […]
Casino
January 2, 2021
China Decided Crown Sydney’s Fate Ahead of License Decision
Long-awaited opening of Crown Resorts’ new AU$2.2 billion casino resort in Barangaroo near Sydney happened Monday, but casino operations did not commence as the Independent Liquor and Gaming Authority (ILGA) blocked the ASX-listed company from opening its casino until a final decision regarding its casino license is reached. ILGA Final Decision Pending Following on Crown’s […]
Casino
January 2, 2021
Hollywood, Meadows Casino and Racetrack to Reopen on Jan 4
After the number of positive COVID-19 cases in Pennsylvania has decreased in the last 3 weeks, the temporary restrictions introduced by Governor Tom Wolf in early December will expire. As a result, Hollywood Casino and Meadows Casino and Racetrack will reopen for visitors next week Monday. Temporary COVID-19 Shutdown Ends on Monday Pennsylvania residents will […]
Casino
January 2, 2021
Macau Casinos Extend Furloughs to 2021 to Help Recovery
Voluntary unpaid leave for staff extends in more than four Macau Casinos in 2021. At least four of Macau’s six casino operators approached by GGRAsia have already extended furlough for their staff to 2021. Gaming Staff in Macau Takes Voluntary Unpaid Leave Six gaming operators in Macau were approached by GGRAsia with questions about their […]
Casino
January 2, 2021
Macau’s Annual Casino GGR Crash to 79.3% in 2020
With 2020 over, Macau has posted its worst year to date for the special administrative region’s casino industry. Macau’s GGR Collapses to 79.3% YOY Macau has turned the key on its worst year for gambling to date, with casino gross gaming revenue (GGR) plummeting by 79.3% year-over-year in 2020. All of that has been caused […]
Casino
December 31, 2020
Bids to Blow Up Trump Plaza Now Hit $175,000
Trump Plaza Hotel and Casino demolition bid now tops $175,000 with interest slowly growing despite the holiday season. Bidding for Trump Plaza Hotel and Casino Demolition Continues The interest in blowing up the now-defunct Trump Plaza Hotel and Casino, an Atlantic City-based former and failed business venture of the outgoing 45th President of the United […]
Casino
December 30, 2020
Fremont Street Experience Risks Becoming a Superspreader
A planned Fremont Street Experience in Las Vegas may hamper the progress Las Vegas and Nevada have made in containing the spreading of Covid-19. Freemont Street Experience to Gather $14,000 People With Las Vegas wrapping up 2020, a New Year’s event that will have at least 14,000 people attending may turn into a “superspreader.” Overrun […]
Casino
December 30, 2020
Hawaii’s Governor Opposes Proposed Casino in Kapolei
Following a recent 5-4 vote by the Hawaiian Homes Commission to build a casino in the Kapolei land of Native Hawaiians, the state’s governor, David Ige, has expressed skepticism about the economic benefits of the proposed project. Hawaiian Governor David Ige Cautious about Proposed Casino A casino in Hawaii is a bit like Schrodinger’s cat. […]