Tag Archives coronavirus

Louisiana’s loses first casino due to coronavirus impact: sees flood of casino re-openings

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While around the state of Louisiana casinos are reopening on Monday, May 18, 2020, under strict new guidelines and regulations established by the Louisiana Gaming Control Board, DiamondJacks Casino & Hotel in Bossier City announced Friday that it would be closing its doors for good “due to business circumstances caused by the unexpected impact ...

Macau being advised to look towards iGaming for coronavirus relief

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In Macau and a prominent local academic has reportedly suggested that the enclave could help to mitigate some of the adverse consequences of the recent coronavirus pandemic by legalizing online gambling. According to a report from Inside Asian Gaming, Zhonglu Zeng is a professor at the Macao Polytechnic Institute’s Gaming Teaching and Research Centre ...

Paradise Company Limited re-opens casinos following coronavirus closures

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South Korean casino operator Paradise Company Limited has reportedly announced that its four domestic venues have just been re-opened after being temporarily shuttered last month in response to the coronavirus pandemic. According to a report from GGRAsia, the Seoul-listed firm is responsible for hotel-based casinos in the cities of Seoul, Jeju and Busan as ...

Pennsylvania sportsbetting industry hurt by coronavirus shutdown

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The coronavirus pandemic reportedly cost land-based bookmakers in Pennsylvania at least $220 million in lost revenues last month as sports leagues shut up shop and bettors turned to online alternatives. This is the conclusion of the online gambling news domain at PlayPennsylvania.com owing to the fact that the coronavirus outbreak prompted most of the ...

Las Vegas Sands Corporation aborts dividend program amid coronavirus concern

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American casino operator, Las Vegas Sands Corporation, has reportedly announced the suspension of its dividend program for 2019 so as to give it ‘maximum optionality’ in securing returns following the end of the ongoing coronavirus pandemic. According to a Thursday report from the Las Vegas Review-Journal newspaper, the New York-listed firm used an official ...

More federal coronavirus relief for firms supporting America’s casino industry

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In the United States and the administration of President Donald Trump has reportedly altered its guidelines so as to enable even more small businesses that service the casino industry to receive a portion of $349 billion in federal coronavirus-related emergency financial aid. According to a report from CDC Gaming Reports, yesterday’s alteration by the ...

Potawatomi Hotel & Casino temporarily furloughs 90 percent of “casino and government employees” due to coronavirus pandemic

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After closing “indefinitely” on March 17, 2020, due to the COVID-19 pandemic and updated Centers for Disease Control (CDC) guidelines, Potawatomi Hotel & Casino has now announced that beginning April 13, it will temporarily furlough “casino and government employees.” According to local news media, Forest County Potawatomi Chairman Ned Daniels, Jr. said in the ...

Joint study reveals online gambling on the rise due to coronavirus lockdown

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Analytics firm AlphaBeta and illion, an Australian credit bureau, teamed up recently to conduct a study regarding online gambling during the shutdown due to the coronavirus. The study showed that a 67% increase has been seen in the online gambling sector of Australalia in the past week when non-essential services were shutdown because of ...

Coronavirus concern prompts temporary closure of Vietnamese casinos

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The threat of the ongoing coronavirus pandemic has reportedly prompted the government of Vietnam to institute a range of social distancing measures and order every one of its casinos to temporarily shut. According to a report from GGAsia, the decision was announced by Vietnamese President Nguyen Xuan Phuc yesterday and includes the complete closure ...

Missouri temporarily bans unregulated slots to counter coronavirus threat

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The ongoing coronavirus pandemic has reportedly prompted state health officials in Missouri to temporarily ban the operation of controversial slot-like machines that have become an ever-increasing fixture at many local gas stations, restaurants and convenience stores. According to a Saturday report from the St Louis Post-Dispatch newspaper, the unregulated units are operated in something ...

African sportsbetting market being hurt by coronavirus shutdown

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The coronavirus pandemic that has led to the widespread shuttering of land-based gambling operations in Asia, Europe and North America is now reportedly ravaging across Africa and caused the continent’s sportsbetting sector to go into serious decline. According to a Thursday report from the British Broadcasting Corporation (BBC), Ivan Kalanzi serves as a brand ...

Coronavirus shutdown forces Atlantic City casinos to instigate mass layoffs

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Eleven days after being ordered to close in response to the ongoing coronavirus pandemic and yesterday reportedly saw most of the nine casinos in Atlantic City finally provide their employees with temporary layoff notices. According to a Thursday report from The Press of Atlantic City newspaper, the move means that approximately 16,000 former casino ...

Singapore casinos taking steps to stop the spread of coronavirus

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The two giant integrated casino resorts in Singapore have reportedly followed government orders in instituting a number of new measures that have been designed to stop the spread of a highly contagious coronavirus strain that has so far killed two locals. According to a report from GGRAsia, the 120-acre Resorts World Sentosa revealed that ...

Coronavirus crisis prompts Landry’s Incorporated layoffs

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The billionaire boss for American casino and entertainments firm Landry’s Incorporated has reportedly revealed that his firm has been forced to temporarily lay off about 40,000 people as a result of the ongoing coronavirus pandemic. According to a Tuesday report from the news website at Yahoo.com, Tilman Fertitta (pictured) detailed that the redundancies represented ...

Coronavirus caution from Netherlands gambling regulator

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In the Netherlands and the Kansspelautoriteit (KSA) gambling regulator has reportedly announced that unlicensed iGaming operators found guilty of using the current coronavirus pandemic to promote their services are due to face an additional fine of at least €50,000 ($53,900). According to a Friday report from iGamingBusiness.com, the warning comes after the country decided ...