Archive

_2021-02-03
Paradise Co. reported its casino sales in January declined 36.2 percent from the prior month, after seeing strong improvement in December.

_2021-02-03
India's Mobile Premier League has raised $100 million in new financing and its valuation now stands at $800 million, almost double the level four months ago.

_2021-02-03
South Korea's Paradise Co. reported a 36.2 percent drop in casino sales for January, compared with the prior month, to KRW27.28 billion ($24.5 million).

_2021-02-03
Clarion Gaming confirmed it has postponed plans to hold ICE London and iGB Affiliate London in June this year, pushing the event to February 2022. The decision followed requests from industry.

_2021-02-03
American spend on Australian racing could hit $6.6 billion a year by 2025, with Australian race-wagering per viewer of A$672, which is two times higher than on the NFL, J.P. Morgan said in an analysis of the the value of media rights.

_2021-02-03
Work is expected to begin on an integrated resort in Crimea early this year, with the project to be completed by 2024, according to information distributed by Russia Gaming Week. The resort will include a five-star hotel, casino, swimming pool, conference...

_2021-02-03
Hong Kong Secretary for Transport and Housing Frank Chen said that if the number of Covid-19 confirmed cases in the SAR decreases to low double-digit or single-digit numbers, a possible customs clearance arrangement could be reached for travel to Macau...

_2021-02-03
Star Entertainment is likely to benefit from expected delays to Crown Resorts’ ability to open a casino in Sydney and its current share price presents a good buying opportunity, J.P. Morgan said in a report. 

_2021-02-02
Wynn Resorts said it has again featured in Fortune magazine's most admired companies list, appearing in the top five in the hotels, casinos and resorts category.

_2021-02-02
NagaCorp said it's adopting a share award scheme of as many as 55 million shares to attract and incentivize key employees.

_2021-02-02
A January debt refinancing has had a "meaningful positive impact" on Mohegan Tribal Gaming Authority's liquidity, says Moody's Investor Services, explaining why it has upgraded its Corporate Family Rating to Caa1 from Caa2 and Probability of Default Rating...

_2021-02-02
The Singapore Tourism Board said visitor arrivals dropped 85.7 percent to 2.7 million in 2020, but that the sector has emerged as more resilient after taking steps to reshape its tourism offerings.

_2021-02-01
Macau's Judiciary Police recorded a 79.4 percent decrease in gambling-related crimes in 2020 to 1,114, compared to 2019.

_2021-02-01
Macau’s gross gambling revenue dropped 63.7 percent in January, better than analysts had been expecting after renewed Covid-19 clusters on Mainland China slowed visitation later in the month.

_2021-02-01
TCSJOHNHUXLEY said it will supply products, such as its Ora Curve Baccarat Displays, to Solaire Resort & Casinos upgraded gaming areas. 

_2021-02-01
The American Gaming Association says some 989 casino properties closed their doors in 2020, while 650,000 staff were idled as a result of the Covid-19 pandemic. 

_2021-02-01
Goa's casino industry has contributed revenue of over Rs 1277.29 crore ($175 million) to the State exchequer in the last nine years since 2012, the Chief Minister Pramod Sawant told parliament last week.

_2021-02-01
Singapore police uncovered 299 cases of fake gambling platforms in 2020, up 1,800 percent from the previous year, resulting in losses of S$15.4 million.

_2021-02-01
Macau's gross gambling revenue dropped 63.7 percent in January from the prior year to MOP8.02 billion, according to figures from the Gaming Inspection and Coordination Bureau.