Casino News and Headlines
Casino
November 1, 2020
Foxwoods Casino Restarts Largest Indoor Entertainment Venue
Foxwoods Casino is restarting the Grand Theater, its biggest indoor entertainment venue, setting it at 25% operational capacity. Biggest Indoors Entertainment Venue Restarts at Foxwoods Casino The show will go on at Connecticut’s Foxwoods Casino which reopened its largest indoor entertainment venue setting it at 25% operational capacity. The Grand Theater is now part of […]
Casino
November 1, 2020
Muskegon County Casino to Generate $15m for Michigan Annually
The upcoming $180 million project by the Little River Band of Ottawa Indians in Michigan is expected to generate $15 million in tax revenue and create over 1,500 high-quality and full-time jobs. Little River Band’s Muskegon County Casino to Drive High-Paid Jobs The Little River Band of Ottawa Indians’ upcoming Muskegon County Casino project is […]
Casino
October 31, 2020
MGM Planning Mid-Week Change of Schedule for Strip Casinos
MGM revealed that it may change the mid-week schedule for some of its Las Vegas Strip casinos. Upon releasing Q3 results, the operator marked a 68% net revenue decrease for the Las Vegas Strip properties when comparing year-on-year results. MGM May Introduce Mid-week Change of Schedule for Some Strip Properties The gaming industry giant MGM […]
Casino
October 30, 2020
Nevada Posts Strongest Month since COVID Disruption
The State of Nevada got a significant boost with total gambling revenue increasing 10.5% month-on-month in September, but posting a 22.4% results year-over-year. Nevada’s Road to Recovery Begins in September Nevada’s gaming sector continued on its path to recovery in September as the state experienced the best month since February, the last full month before […]
Casino
October 29, 2020
Kindred Group to Acquire Casino Blankeberge in Belgium
The Rank Group Plc reached an agreement with Kindred Group to sell its Blankeberge Casino in Belgium. The £25 million acquisition is expected to be completed in Q4 2020. Kindred to Acquire Blankeberge Casino from Rank Group The leading online gambling operator Kindred Group has announced it will acquire 100% of the shares in Blankenberge […]
Casino
October 28, 2020
Four Cities in Virginia May Build Casinos after November Ballot
Residents of four cities in Virginia will vote on a referendum in November for or against the building of casinos. Residents of Four Cities in Virginia to Vote on Building of Casinos in November The construction of casinos in four Virginia cities could be approved if residents give the green light on November’s ballot. Residents […]
Casino
October 27, 2020
AC Casino Employment Still Down From 2019 Numbers
Atlantic City’s nine casinos reported a 17.5% decrease in employment in September 2020, year-on-year. The number of casino employees has been decreasing every month since July compared to the 2019 numbers. 151 More Jobs From August to September The city’s nine casinos, Bally’s, Borgata, Caesars, Golden Nugget, Hard Rock, Harras, Ocean Resort, and Tropicana, reported […]
Casino
October 27, 2020
Las Vegas Sands Exploring $6B Sale of Its Strip Properties
Las Vegas Sands (LVS) is looking to sell its Strip properties, a Bloomberg report speculates based on information received from unnamed sources. By offloading its Las Vegas casino resorts Sheldon Adelson’s empire would be able to focus on Asian markets, Macau and Singapore, and support the development of other projects. LVS Soliciting Buyer Interest According […]
Casino
October 27, 2020
Italy Rolls Out Strict COVID-19 Restrictions, Closes Casinos
In light of rising cases of positive COVID-19 patients, Italy rolled out new restrictions. The new restrictions reduce social gatherings and close businesses such as casinos, bingos, gyms, and other entertainment venues. New Decree Introduces Stricter COVID-19 Restrictions in Italy After observing spikes of positive COVID-19 cases, Italy introduced tighter restrictions aiming at reducing the […]
Casino
October 27, 2020
Penn National’s Las Vegas Casinos Anticipate Hundreds of Layoffs
M Resort Spa Casino and The Tropicana on the Las Vegas Strip have announced they will permanently lay off hundreds of employees in December, the Las Vegas Review-Journal reported. The two casinos operated by Penn National Gaming blamed the cuts on the Covid-19 pandemic’s impact on their businesses. The Strip Casinos Blame Layoffs on the […]