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Financial difficulties continue for Imperial Pacific International Holdings Limited

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In the Commonwealth of the Northern Mariana Islands and besieged casino operator Imperial Pacific International Holdings Limited is reportedly set to be officially investigated after failing to pay its employees for a fourth consecutive week. According to a report from Inside Asian Gaming citing multiple newspapers in the American territory, the Hong Kong-headquartered firm ...

Galaxy Entertainment Group to continue with projects in Macau and Japan despite COVID-19 impact

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While the COVID-19 pandemic has affected nearly every business around the globe, including the gambling industry, Galaxy Entertainment Group says existing expansion plans will continue. The company is still working on projects in Japan and Macau. Development Update The company recently provided a development update, when releasing the results of the third quarter. For ...

Playtech to continue to provide content for four key product verticals to BoyleSports for another 5 years

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Gambling software development company Playtech (LON:PTEC) has extended its long-term content agreement with Ireland’s largest independent bookmaker, BoyleSports, for a further five years. Under the terms of the agreement, the Isle of Man-based firm’s partnership with the Irish bookmaker for the UK and Ireland will be extended. Playtech will maintain a dedicated casino tab, ...

Casino mangate Sheldon Adelson to continue payroll and benefits for Las Vegas employees through October 31

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Las Vegas Sands Corporation’s Sheldon Adelson has announced to employees in Las Vegas that employees will continue to receive pay and benefits through the end of October. A letter was sent out on Wednesday, detailing the challenges of employees as the coronavirus began and has continued in Nevada. So, despite the company seeing a ...

Colorado gaming regulators continue to approve sports betting licensing

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Colorado gaming regulators have approved 32 more licensing for the sports betting industry of the state. In the approvals this time around, six online operators and eight casinos were in the mix. In total, as of April 1st, 64 applications were submitted to regulators regarding sports betting licensing. Retail sportsbooks, commercial casinos, and online ...

Coronavirus fears continue to send casino share prices plummeting

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Ongoing anxieties concerning the global coronavirus pandemic have recently sent stock prices falling around the world while yesterday reportedly saw the value of shares in Macau’s six licensed casino operators hit extraordinary lows. According to a report from Inside Asian Gaming, the value of individual shares in Galaxy Entertainment Group Limited has now dropped ...