Casino
March 22, 2020
Japan’s COVID-19 Outbreak Won’t Stop Integrated Resorts
Amid the spread of COVID-19 and fears that the first of the integrated resorts projects may be delayed, the government of Shinzo Abe has reassured all parties that things are moving on track. The First Integrated Resort in Japan Won’t Be Delayed, Consultants Say With the world bracing for the next recession and governments shutting […]
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 20, 2020
Casino Closures For Two Months Will Cost $43.5B To The US Economy
The casino industry operators in the US were among the first impacted by the global spread of the coronavirus /Covid-19/, initially starting with the overseas operations in Macau and now culminating in the closure of almost all land-based casinos in the US and the latest press release of the American Gaming Association /AGA/ is a […]
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 […]
Casino
March 18, 2020
Nevada Casinos Go Dark To Help Curb Covid-19 Outbreak
Casinos in Nevada last closed doors back in November 1963, for the funeral of President John F. Kennedy. This is about to change starting at midnight Tuesday, March 17, after the number of coronavirus cases in the state has surged and the social distancing approach to curbing the pandemic seems to be the only available […]
Casino
March 18, 2020
Casino and Hospitality Operators Asks Governments to Rescue Them
For a number of industries and businesses, the coronavirus outbreak was an unprecedented challenge that they never really hard enough time to prepare for. As a matter of fact, despite several expert opinions on the matter, not many people foresaw the disease becoming a problem of this magnitude. Still, the virus is already here and […]
Casino
March 17, 2020
Galaxy Gaming Will Suspend Billing Casino Customers While Shut
Galaxy Gaming has announced it will suspend billing its casino clients that have their facilities closed down due to the continuing effort to clamp down on the spread of the coronavirus by embracing social distance and avoiding mass gatherings of people. Table Supplier Will Not Press Clients For Payments The leading independent gaming tables provider, […]
Casino
March 16, 2020
Australian Casinos Take Steps to Prevent Spread of Coronavirus
The world is still struggling to contain the ongoing coronavirus outbreak and we have already beginning to see several industries taking a hit. The gambling industry has been one of the most affected ones particularly due to the recent calls for social distancing and recommendations that have been made against large social gatherings. Macau, one […]
Casino
March 15, 2020
Pennsylvania Casinos Shut Down due to COVID-19 Threat
Amid growing concern about the coronavirus pandemic, Pennsylvania’s casino properties have been rethinking their strategy. As a result, four out of 12 available properties in the Keystone State have closed – three in Philadelphia and one in Pittsburg. Specifically, Harrah’s Philadelphia in Delaware County and Valley Forge in Montgomery County have decided to suspend all […]
Casino
March 11, 2020
POGOs Represent Serious Threat Regarding Money Laundering
The Anti-Money Laundering Council /AMLC/ in the Philippines reported that POGOs and their service providers present vulnerabilities in terms of high money laundering risk. Cash Is Untraceable The financial intelligence unit in the country, the AMLC, based its conclusion that Philippine Offshore Gaming Operators /POGOs/ are too exposed to illegal money operations due to a […]