2020 Was the Worst Year for Macau On Record sherlock5. January 2021 0 Comments Macau’s casino industry faced the worst year in its recorded history due to the impact of the coronavirus pandemic. After counting December revenues, the Asian … Read more
Commercial Casinos In New York Still Closed While Tribal Properties Thrive sherlock9. July 2020 0 Comments New York state was one of the worst-hit from the coronavirus pandemic. The state’s hospitality and gaming field may have to go through another period … Read more
Caesars Entertainment’s Reports 58% Fall in Turnover in Nevada sherlock17. June 2020 0 Comments Casino operating giant Caesars Entertainment recently said that revenue from its Nevada properties has fallen by over 50% after reopening on a yearly basis. However, … Read more
MGM Bolsters Balance Sheet With a $700 Million MGP Stake Sale sherlock20. May 2020 0 Comments In an effort to create a stronger balance sheet, MGM Resorts International sold its equity in MGM Growth Properties for $700 million. The company has … Read more
Sports Betting Revenue Takes A Dip In New Jersey For April sherlock14. May 2020 0 Comments The coronavirus pandemic has taken a toll on the sports betting industry with the American Gaming Association estimating a $43 billion hit. As more states … Read more
Las Vegas Sands Expects Pent Up Demand in Asia To Result in Speedy Recovery sherlock23. April 2020 0 Comments The demand for online gambling in Asia is strong, but pent-up because of the coronavirus lockdowns. Las Vegas Sands suggested that it is hoping for … Read more
Esports Player Number and Betting Revenue Will Increase in 2020 sherlock20. April 2020 0 Comments New research by ProdegeMR and 2CV suggests that the number of esports players and related sports betting revenue is expected to double this year. The … Read more
Connecticut’s Sports Betting Bills May be Delayed This Year sherlock14. April 2020 0 Comments The coronavirus pandemic has created an unprecedented crisis for Connecticut. However, this problem has also stalled the sports betting bill of the state. Sports betting … Read more
Michigan Casinos Seek A Bailout from The Government sherlock23. March 2020 0 Comments As the coronavirus pandemic is taking its toll on the gambling industry, Michigan casinos are asking the government for a bailout package. Industry hit hard … Read more
Coronavirus Could Lead To $21 Billion In Economic Losses to The Casino Industry sherlock20. March 2020 0 Comments On Wednesday, the American Gaming Association (AGA) found out that prolonged closure of casinos in the country would lead to billions of dollars in losses. … Read more
