Tag Archives casinos

Survey finds support for the legalization of casinos in Northern Ireland

by

In Northern Ireland and a local government poll has reportedly found ‘strong support’ for the establishment of an independent gambling regulator in addition to considerable backing for a proposal that would see land-based casinos legalized. According to a Thursday report from the British Broadcasting Corporation (BBC), the survey carried out by the devolved Department ...

Arkansas casinos recovering from coronavirus-related shutdown

by

The three casinos in the southern American state of Arkansas together reportedly lost more than $1.4 billion in gross gaming revenues as a direct result of their enforced nine-week closures at the hands of the coronavirus pandemic. According to a Tuesday report from local television broadcaster KATV, the state’s Southland Park Gaming and Racing, ...

Great Canadian Gaming to begin reopening Ontario and New Brunswick casinos from Sept 28

by

Great Canadian Gaming Corporation (TSX: GC) has announced that on Sept. 28, 2020, it will reopen its casinos in Ontario and New Brunswick after operations were suspended at the properties on March 16 to help contain COVID-19. The Richmond, B.C.-based company will reopen its 11 Ontario properties from the last Monday in Sept. as ...

Macau casinos see light at the end of the coronavirus tunnel

by

The 39 casinos in Macau could have reportedly begun to emerge from their very long coronavirus-induced downturn after recently recording a significant improvement in aggregated average daily rate to approximately $10.39 million. According to a report from GGRAsia citing a filing from international brokerage Sanford C Bernstein Limited, the figure for the first six ...

New York Gov. to allow commercial casinos to reopen at 25% capacity from Sept. 9

by

Four days after saying that he’d make a decision this week on commercial casinos, New York Gov. Andrew Cuomo made good on his promise, announcing Thursday the state’s nontribal casinos and video lottery terminal facilities will be permitted to reopen with limited capacity from Wednesday, Sept. 9 after being closed since March 16, 2020, ...

Casinos Austria International bemoans first-half impact of coronavirus

by

Global casino operator Casinos Austria International has reportedly announced that it chalked up a record first-half loss of just over €10 million ($11.8 million) owing to issues surrounding the coronavirus pandemic. According to a short report from G3Newswire, the Vienna-headquartered firm saw its overall revenues for the six months to the end of June ...

Macau casinos record disappointing August gaming revenues

by

The 39 casinos in Macau reportedly continued to be negatively impacted by the coronavirus pandemic last month as their aggregated gross gaming revenues decreased by 94.5% year-on-year to stand at just over $166.61 million. According to a report from Inside Asian Gaming citing official information from the enclave’s Gaming Inspection and Coordination Bureau regulator, ...

East Coast region gets huge economic boost: Valley Forge Casino’s July revenue marks 57-plus percent year-over-year increase

by

Boyd Gaming’s Valley Forge Casino Resort in Upper Merion Township reported July revenue of $18.99 million, a more than 57 percent improvement over the $12.04 million from July 2019, according to the Pennsylvania Gaming Control Board (PGCB). It was the first time all 12 of the Commonwealth’s commercial casinos were in operation for all ...

Century Casinos Incorporated’s coronavirus-tinged financials please backers

by

American casino operator Century Casinos Incorporated has reportedly satisfied investors with its second-quarter financial results despite posting a 31% year-on-year drop in net revenues to $31.6 million. According to a report from CDC Gaming Reports, the Colorado Springs-headquartered firm is responsible for five casinos in the United States as well as a trio of ...

Station Casinos CEO Fertitta says “too early” to decide fate of shuttered Southern Nevada casinos

by

Permanent closure might be imminent for four Station Casino resorts in Southern Nevada, according to Frank Fertitta III, Chief Executive Officer of parent company Red Rock Resorts Inc. (NASDAQ: RRR). According to the Reno Gazette-Journal, in a Tuesday earning’s call, the CEO revealed the  Las Vegas-based company’s uncertainty regarding whether Fiesta Henderson, Fiesta Rancho, Palms, ...

Metropolitan Manila casinos to remain shuttered until at least August 15

by

Casinos and other gambling establishments in metropolitan Manila are reportedly set to remain shuttered until at least August 15 after the federal government extended the giant conurbation’s ‘general community quarantine’ order due to the ongoing coronavirus pandemic. According to a report from GGRAsia, the Philippines capital region was put under lockdown from March 15 ...

Michigan Governor allows Detroit casinos to reopen partially at 15%

by

Detroit’s three casinos will now be allowed to reopen, at least partially, after Michigan Governor Gretchen Whitmer made a few changes to the state’s requirements regarding Covid-19. The casinos can reopen at 15% capacity and much follow strict guidelines regarding health and safety for operation. Over Three Months of Closure: The casinos will reopen ...

Detroit casinos record first-half gross gaming revenues collapse

by

After being temporarily shuttered in mid-March due to the coronavirus pandemic and the three casinos in Detroit have now reportedly announced first-half aggregated gross gaming revenues that are 59.3% lower year-on-year at just $299.2 million. According to a Tuesday report from The Detroit News newspaper citing official information from the Michigan Gaming Control Board, ...

Upstate New York casinos initiate coronavirus-related layoffs

by

In upstate New York and more than 4,200 people have reportedly been told that they are to be made officially redundant as a result of the ongoing coronavirus-related shutdowns of the eastern state’s four large casino resorts. According to a Monday report from the local Times Herald-Record newspaper, Rivers Casino and Resort Schenectady, Tioga ...

Station Casinos President Richard Haskins dies following Saturday accident

by

American casino operator Red Rock Resorts Incorporated has reportedly announced that its President, Richard Haskins (pictured), passed away over the weekend while on vacation in northern Michigan. According to a report from the Las Vegas Review-Journal newspaper, the firm revealed that 56-year-old Haskins also served as President for its Station Casinos subsidiary and lost ...

Station Casinos plans to keep Fiesta Rancho and Texas Station properties closed till next year

by

Casino operator Station Casinos has now decided to keep two North Las Vegas properties shut down for an extended period of time. The company will ask the City Council in the region to approve licensing changes for the Fiesta Rancho and Texas Station. Both casinos closed back in March when the state ordered non-essential ...