Casino
May 5, 2021
Melco Resorts Offering Employees Exit Strategies as Recovery Efforts Weaken
Melco Resorts and Entertainment has had a rough time over the past couple of years. It posted strong results for the second quarter of 2019, but that was about the extent of its good news. With much of the casino operator’s revenue coming out of Macau, Melco has had to endure the same difficulties as […]
Business
May 4, 2021
New Jersey to Ease COVID-19 Restrictions on May 19
New Jersey continues to gradually ease COVID-19 related restrictions. Governor Phil Murphy announced on Monday that businesses such as casinos, restaurants, gyms, and other venues will be allowed to operate at 100% capacity, effective from May 19. COVID-19 Related Restrictions to Be Lifted on May 19 in New Jersey Governor Phil Murphy announced on Monday […]
Casino
May 4, 2021
NagaWorld to Slash 1,300 Jobs as Pandemic Rages On
NagaWorld will slash 1,300 jobs as the property is faced with the hardships of the COVID-19 pandemic in Cambodia. Pandemic Forces NagaWorld to Lay Off 1,300 People NagaWorld has been forced to cut 1,300 jobs in Cambodia as the country’s COVID-19 pandemic continues to rack up case numbers and exerts pressure on the healthcare system. […]
Industry
May 3, 2021
Return of CES to Las Vegas Could Give Casinos a Much-needed Boost
The CES used to stand for the Consumer Electronics Show, the annual – and highly-anticipated – technology event held in Las Vegas. It gave innovators and established companies a centralized venue to show off their latest gadgets and gear, and was the must-attend expo for anyone interested in cutting-edge consumer products. COVID-19 was too much […]
Casino
May 3, 2021
Casinos in Goa Remain Shut amid Mounting COVID-19 Cases
Following a continuous increase in COVID-19 related cases, Goa officials have suspended gaming properties in the Indian state. Goa Orders Casinos in State to Shutdown Casinos in the state of Goa have been shut down since last Thursday as the country faces one of its worst health crises, and outside observers continue to criticize India for under-reporting […]
Casino
April 30, 2021
Crown Perth Casino Set to Re-Open after 3-Day WA Lockdown
Casino and hospitality operator Crown Resorts announced in a filing to the Australian Securities Exchange (ASX) today its Crown Perth casino property will re-open starting from Saturday, May 1, 2021, in line with easing the restrictions in the Perth metropolitan area and Peel region by the Western Australian Government. Casino Games Resume Following the 3-day […]
Casino
April 30, 2021
Mississippi’s Casinos Drop All COVID-19 Restrictions as of Today
There are more signs that the US is rapidly returning to normal following the COVID-19 debacle, despite a few pockets of outbreaks. Mississippi’s casinos are now going to be able to stage a comeback after the Mississippi Gaming Commission (MGC) announced yesterday that all COVID-19 restrictions are being lifted. The changes take effect today and […]
Business
April 29, 2021
Genius Sports 2020 Results: Landmark Year and Fourth Quarter despite Covid-19
Genius Sports posted strong 2020 results with group revenue growth of 31% to $150 million compared to 2019 and group adjusted EBITDA rise from $6 million to $18 million. All Product Lines Experience Growth in 2020 Sports data and technology company Genius Sports released its financial results for the fourth quarter of 2020 and the […]
Casino
April 27, 2021
New York Furthers COVID-19 Recovery Efforts as Casino Capacities Increase
It’s beginning to look more and more like the US is finally starting to put COVID-19 in its rear-view mirror. As coronavirus vaccines continue to be rolled out and more is understood about how the virus is transmitted, outbreaks are being brought under control and economies are starting to be put back together. The latest […]
Casino
April 26, 2021
Vegas on the Mend as Strip Casinos Prepare to Increase Capacity to 80%
Las Vegas, and the rest of Nevada, has been anxious to return to normal for months, but continued COVID-19 issues have forced it to walk slowly. Casinos have been stuck at 50% of their normal capacities for too long and it looks like there might soon be a positive step forward. According to the Nevada […]