Sports
March 13, 2020
MLS And US Soccer Federation Cancel Games Amid Covid-19 Spread
Major League Soccer /MLS/ has announced its decision to suspend all scheduled for the next 30 days games due to the growing concerns from the outbreak of coronavirus, the same reason the United States Soccer Federation has called off matches for the national teams, both men’s and women’s, scheduled to take place in March and […]
Business
March 12, 2020
Newgioco Group Updated Investors Amid Covid-19 Spread In Italy
Newgioco Group issued an update for investors regarding the impact of the coronavirus outbreak on their operations, stressing on their fundamentals remaining strong, but warning that the overall negative effect due to the Italian lockdown remained unknown. Keep Investors Informed The sports betting and interactive gaming technology company, Newgioco Group, reported that they have already […]
Sports
March 12, 2020
NBA Season Suspended Amid COVID-19 Impact on Sports
The National Basketball Association (NBA) announced on Wednesday night, March 11, that the association is suspending the season following a player testing positive for the novel coronavirus (COVID-19). Rudy Gobert, a Utah Jazz player “preliminary tested positive” for the virus, prompting rapid reaction from executives, the Associated Press reported citing sources. The Utah Jazz game […]
Business
March 11, 2020
The US Casino Industry Is Bracing For COVID-19 Impact
The gambling industry is monitoring the global situation with the outbreak of coronavirus /Covid-19/, warning that 2020 outlook for the business is in the sphere of the unknown, while the U.S. Mecca in the casino industry, Las Vegas, is bracing for the impact from the virus. Fear Of The Unknown Anxiety prevails as everyone who […]
Sports
March 3, 2020
Japanese Government Considers Coronavirus Olympics Delay
Tokyo 2020 Olympic Games are under threat of postponement due to the outbreak of the coronavirus, Japan’s Olympic Minister admitted in a response to a lawmaker’s question in parliament. Delay On The Cards The news that Japan officials are considering postponing the scheduled to begin on July 24 Olympic Games hit the wires as soon […]
Business
March 2, 2020
H2: Global Gambling Market Braces For Coronavirus Negative Impact
The global outbreak of the novel coronavirus /Covid-19/ is expected to bring the gambling revenue to 2018 levels in the optimistic, or worse, to 2017 levels in the pessimistic scenario, H2 Gambling Capital, the gambling industry data specialist company suggests. Global Decline Forecast A decline of up to 8% in gross global gambling revenue in […]
Casino
February 11, 2020
Macau Gaming Operators Donate $25m to Coronavirus Relief Efforts
Macau’s gambling companies have vowed between $2.5 and $3.8 million for the sum total of $25 million to help with medical supplies and the relief efforts in the spread of the coronavirus. Coronavirus Threat Continues to Spread Prompting Casinos to Donate With the Macau gaming industry taking a hit last week when the administrative region’s […]
Casino
February 4, 2020
Macau Shuts Down Casino Industry for 14 Days as Coronavirus Spreads
As coronavirus rate of infection and death toll continues to climb, Macau’s officials have suspended the gaming industry for at least two weeks as the world steps up its efforts to bring the outbreak under control. Macau Shuts Down Casino Industry Amid Coronavirus Fears On Tuesday, Macau’s officials have called for the closure of the […]
Casino
January 29, 2020
PAGCOR Tells POGOs to Put Employees Under Quarantine Because of Coronavirus
The Philippines gaming regulator, PAGCOR, has told POGOs to put employees, flying back from a list of countries where the coronavirus has been confirmed, under a 10-day quarantine. POGOs to Put Employees Under Quarantine as Fears of Coronavirus Mount Fearing coronavirus infection, PAGCOR, the Philippines gaming regulator, has issued a memorandum to all Philippine Offshore […]
Casino
January 28, 2020
Casinos’ Stock Continues to Fall as China Battles Coronavirus
The deadly new strain of pneumonia known as coronavirus has already claimed the lives of 106 people and counting. Amid the spread of the disease, casino companies have also suffered from a historic drop in visitations to Macau and share price decline. Coronavirus’ Spreading Causes Casino Shares to Fall Again Amid China’s efforts to contain […]