Industry News and Headlines
Industry
December 22, 2020
Everi Holdings Partners with Seminole Tribe of Florida to Bring Cashless Payment Technology to the State
WildCard Wallet is a digital wallet powered by Everi’s CashClub Wallet solution and offers cashless, contactless funding of electronic gameplay throughout the casino floor. CashClub Wallet Expands to More Markets with WildCard Wallet After its Recent Launch On Monday, entertainment and technology solutions provider Everi Holdings announced it was bringing its mobile wallet technology to […]
Industry
December 21, 2020
EGBA Released Official Data Projecting 23% Drop in 2020
The European Gaming and Betting Association (EGBA), the industry body representing online gaming and betting operators licensed in the EU, released official data, stating that gambling revenues would drop by 23% in 2020 due to the material impact of the coronavirus outbreak. “Like many other sectors, Europe’s gambling sector has taken a hit from COVID-19 […]
Industry
December 21, 2020
Richmond Casino Project to Launch Competitive Process in Late December
Soon, operators will be able to submit their proposals for the potential Richmond casino project. Earlier this year, Virginia’s Governor Ralph Northam approved a law on sports betting and the construction of a casino in Richmond, Bristol, Danville, Norfolk and Portsmouth, subject to approval by voters in each locality. Employment Opportunities and Economic Growth Are […]
Industry
December 21, 2020
Betting Shops in London and South-east England shut down
The United Kingdom has enacted Tier 4 lockdown in certain regions in the country, including London and south-east England, prompting shutdowns of non-essential businesses, including betting shops. Betting Shops Close in London and England Betting shops in London and the United Kingdom will have to shut down as the government announced a phased Tier 4 […]
Industry
December 21, 2020
Gaming Law Advisor Antonio Lobo Vilela Leaves His Post in Macau
Macau law specialist Antonio Lobo Vilela is leaving his current post as senior advisor to the city’s Secretary for Economy and Finance at the end of this year. He has been at this post since 2016 and he is currently the official who supervises the city’s gaming market. Macau Gaming Law Expert António Lobo Vilela […]
Industry
December 20, 2020
Macau November Tax Revenue Up 203% Compared to October
A glimmer of hope for the fading casino industry in Macau was given by the latest financial data release by the city’s Financial Services Bureau, showing Macau government collected two times more in tax revenue in November compared to October. November Twice as Good as October The government in the Special Administrative Region (SAR) of […]
Industry
December 20, 2020
Whitmer Opens Casinos and Extends Ban on Indoor Dining to January 15
The decision comes after a two-week decline in the number of Covid-19 hospitalizations and a decrease in new cases in the state. Currently, the incidence rate amounts to 439 per million, a significant difference from the peak of 739 in mid-November. Michigan’s Department of Health Begins Gradual Reopening of Indoor Entertainment Michigan’s Governor Gretchen Whitmer […]
Industry
December 20, 2020
Tyson Foods Fires Managers Who Gambled with Lives of Workers
Meat processing company Tyson Foods dismissed seven managers who had placed bets on how many employees at the company’s processing plant in Waterloo, Iowa would contract covid-19. Tyson Foods Sacks Managers over Betting on Employees Contracting Covid We are all trying to make the best of a difficult situation, but Tyson Foods managers who took […]
Industry
December 20, 2020
Wynn’s Encore Boston Harbor Construction Adds $1.6bn to MA Economy
According to a UMass Donahue Institute study, Encore Boston Harbor’s construction in Everett generated $1.6 billion in economic activity. Encore Boston Harbor Construction Spurs Economic Activity in Massachusetts Business boomed at Wynn Resorts’ Encore Boston Harbor casino in Everett, Massachusetts. So much, in fact, that the building of the property generated the staggering $1.6 billion […]
Industry
December 19, 2020
Psychiatrists Call for Ban on Advertising in Irish Sports
An urgent ban on gambling advertising as part of laws needed “now more than ever” to tackle gambling addiction was proposed by the College of Psychiatrists of Ireland, arguing the restrictions and lockdowns related to the efforts to curb the spread of the virus further fuelled an already existing issue. Isolation and Increased Target Advertising […]