Macau April GGR Will Be Bad, Perhaps Worse Than March
Just two days into April, analysts are already saying that gross gaming revenue (GGR) in Macau this month is unlikely to show much improvement relative to the prior two months….
Gold Urinals Installed in Cambodian Casino as COVID-19 Continues
Gaming property owner Kang Qiang has placed gold urinals in his Sihanoukville, Cambodia gambling venue while all land-based casinos are shuttered in the country by the coronavirus pandemic, news reports…
Sheldon Adelson Supports Trump Pandemic Response
Billionaire Sheldon Adelson says it’s no time for companies to be more concerned with their share prices than their employees. Thus, the Las Vegas Sands founder and chairman is leading…
Caesars Entertainment Gets Record £13 Million Fine from UKGC
Caesars UK division has accepted a fine of £13 million ($16 million USD) following a UK Gambling Commission investigation which found the operator had allowed known problem gamblers to lose…
Feds Ask Tribal Leaders How to Best Distribute $8B in Coronavirus Relief
The US Department of the Interior (DOI) is asking tribal leaders across the country to provide recommendations as to how $8 billion in coronavirus relief funding should be distributed to…
Officials in Arkansas, Illinois Extend Casino Closures Through April
Casinos in Arkansas and Illinois have received word they will be closed for at least one more month because of the COVID-19 outbreak. The Saracen Annex in Hot Springs, Ark.,…
Mafia Also Clobbered by Coronavirus Sports Cancelations, Cops Say
It’s not just the regulated sports betting industry that is feeling the pinch because of the global sports shutdown. Spare a thought in these troubling times for the Mafia, whose…
Sands Remains a Standout Among Gaming Stocks, Says One Analyst
There are no sure things in investing, and that’s certainly true these days with gaming equities. But Las Vegas Sands (NYSE:LVS) appears to be one of the group’s safer names,…
Macau Casinos Win $659M in March, Represents 80 Percent Decline
Macau casinos won $659 million on their gaming floors in March, a nearly 80 percent decline compared to the same month in 2019. Macau casinos reported gaming win of $659…
Wimbledon Canceled, All Major Tennis Through July 13
The Wimbledon Championships have been canceled by the COVID-19 pandemic, as have all ATP and WTA tennis tournaments through July 13. Wimbledon was scheduled to run June 29 to July…