Casino
July 12, 2021
Crown Resorts Called Out for Trying to Manipulate Ongoing Investigation
Crown Resorts has tried to play the pity card in Victoria and it didn’t go over very well. The casino operator has already shown its inability to act as a good corporate citizen in New South Wales (NSW) and could be facing similar trouble in Victoria and other states. Perhaps seeing the writing on the […]
Industry
July 9, 2021
Melco Rolls Out Share Purchase and Award Program for Eligible Employees
One of the largest integrated resorts developers and casino operators in the world, Melco Resorts and Entertainment, announced Thursday the launch of a new Share Purchase and Award Program for its workforce. Eligible Melco employees participating in the program have the unique benefit of purchasing company shares. Melco Unveils a New Share Purchase and Awards […]
Industry
July 9, 2021
Renovated Billionaire Casino in Kiev Re-Opens for Guests
A luxury casino located in Kiev, the capital of Ukraine, opened its doors to guests after undergoing a major overhaul of its VIP gambling space. The Billionaire Casino Re-Opens Housed inside the 5-star InterContinental Kiev hotel, which dates back to 1638, the Billionaire Casino saw its gaming floor renovated with 14 new luxury table games […]
Industry
July 9, 2021
Richmond’s ONE Casino Could Open Doors in October 2024
The opening of ONE Casino and Resort in Richmond, Virginia has been postponed until October 2024. Richmond’s ONE Casino Postponed to 2024 Richmond’s ONE Casino + Resort opening has been delayed until October 1, 2024. The news was announced by the city’s economic development director, Leonard L. Sledge, at the City Council’s Organizational Development Committee […]
Casino
July 9, 2021
Maryland Casino Revenue Stirs Anti-Smoking Groups into Action
Maryland’s commercial casinos posted an all-time best month in May and a solid performance in June while not allowing their guests to smoke on the gaming floors, stirring into action anti-smoking groups which propagate a ban on smoking nationwide. Impressive Performance Streak with No Smoking Lower than the historic all-time high of $172.4 million in […]
Industry
July 9, 2021
Macau Still Trying to Find Solid Ground to Recover From COVID-19
Macau is having difficulty jumpstarting its economy after the dismal 2020 it was subjected to by COVID-19. There have been good times and bad times, but, overall, there were more bad times than good. According to the latest data from the city’s Financial Services Bureau (FSB), the first six months of the year have been […]
Business
July 8, 2021
Sands China Announces Third Waiver to Its $3bn Facility Agreement
Sands China entered into its third waiver extension regarding its $3 billion 2018 SCL Credit Facility. Under the third waiver extension, the company extended the loan period and amended conditions without suffering penalties. Sands China Amends and Extends Credit Facility Agreement Sands China, the subsidiary of US-based operator Las Vegas Sands (LVS), announced Wednesday that […]
Industry
July 8, 2021
Nevada Advises Gambling Businesses to Stay Vigilant of Ransomware
As casinos in the US become the victim of cyberattacks, regulators issue a warning to casinos to step up their game. Cybersecurity Back on Gambling Regulators’ Agenda Just when gambling businesses started coming out of the woods, another calamity befell them with a spate of hacking and ransomware attacks targeting prominent casino businesses in the […]
Business
July 8, 2021
Crown Resorts Boss Shows Long-Time Dissention in the Ranks
The truth always comes out and Crown Resorts is learning the lesson the hard way. The Australian casino operator, once at the top of the hospitality charts in the country, has slid from grace due to a number of issues that have plagued it over the past several years. It has been accused of tampering […]
Legal
July 7, 2021
PAGCOR Splits Teams to Oversee Online and Land-Based Ops
The gambling regulator in the Philippines, PAGCOR, reportedly introduced a structural change to its teams. PAGCOR established a team that would monitor online gambling only. The regulator dedicated a separate team was tasked to supervise and monitor land-based operations. Gambling Watchdog Separates Teams to Online and Land-Based PAGCOR, the Philippine casino regulator and operator, established […]