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Gaming Analysts Say Macau February GGR Could Drop 60 Percent

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5 February

Gaming Analysts Say Macau February GGR Could Drop 60 Percent

By Liev Jackson Blog • No Comments

Macau had a very difficult January, and February is only looking worse. Macau casino floors are nearly ghost towns because of the coronavirus. (Image: Macau Special Administrative Region) The gaming…

5 February

UK Racecourse Bookies Fail Underage Betting Test at Royal Ascot

By Liev Jackson Blog • No Comments

Seven UK racecourse bookmakers have been told to forfeit 2.5 percent of a year’s worth of their gross profits as penalty for allowing an undercover 16-year-old to place a small…

5 February

Super Bowl 54 Delivers New Jersey Sportsbooks $4.28M Loss

By Liev Jackson Blog • No Comments

Sunday’s Super Bowl 54 between the winning Kansas City Chiefs and San Francisco 49ers resulted in a major loss for oddsmakers in New Jersey. Super Bowl 54 brought crowds of…

5 February

Reno Convention and Visitors Authority CEO Under Investigation

By Liev Jackson Blog • No Comments

Reno-Sparks Convention and Visitors Authority CEO Phil DeLone is under investigation on allegations of misconduct, the agency said last week. Phil DeLone is being investigated for alleged misconduct overseeing the…

5 February

Macau Casinos Will Close For Two Weeks Amid More Coronavirus Cases

By Liev Jackson Blog • No Comments

Macau Chief Executive Ho Iat Seng said Tuesday the Special Administrative Region’s (SAR) gaming venues will be closed for two weeks, as the number of coronavirus cases there has ballooned…

5 February

Wynn Resorts Credit Rating at Risk due to Macau Coronavirus

By Liev Jackson Blog • No Comments

Wynn Resorts (NASDAQ:WYNN) depends on Macau for significant portions of its revenue and earnings before interest, taxes, depreciation and amortization (EBITDA), making the operator vulnerable to declines in visits to…

5 February

Nevada Sportsbooks Won Super Bowl with Near Record Handle, Hold

By Liev Jackson Blog • No Comments

The Kansas City Chief hoisted the Lombardi Trophy as winners of Super Bowl 54, but Sunday was a great day for Nevada sportsbooks, too. Patrick Mahomes was MVP of the…

5 February

More Indictments Filed Against Tsukasa Akimoto for Alleged Japan Bribery

By Liev Jackson Blog • No Comments

Tsukasa Akimoto, a Japanese politician who played a key role in the ongoing process to legalize casinos,  was indicted again in connection with a suspected bribery scheme. Tsukasa Akimoto has…

5 February

As Iowa OKs Eldorado-Caesars Deal, Sportsbook Issue Still Unresolved

By Liev Jackson Blog • No Comments

ALTOONA, Iowa – As state gaming boards continue to approve the merger between Eldorado Resorts and Caesars Entertainment, officials from both companies are working to close the deal that would…

5 February

New Hampshire Sports Betting Beats Expectations, Takes $20.8 million

By Liev Jackson Blog • No Comments

New Hampshire’s sports betting market booked a net profit of $1.2 million on a $20.8 million betting handle in the first month of its existence. Gov. Chris Sununu has been…

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