Golden Nugget Online Gaming has made an agreement with The Greenbrier upscale resort to offer online casino games and sports betting in West Virginia. The deal, which is pending regulatory approval, would allow The Greenbrier to acquire a portion of the internet gaming and sports betting platform's gross revenue.
The ongoing anxiety and isolation caused by the coronavirus pandemic has resulted in more screen time, which may lead to an increased likelihood of online gaming addiction, say mental health professionals. Counselor Sean Byrne says online gaming is an "easy escape" to reality, but there are treatment methods available that can help desensitize compulsive gamers to addictive triggers.
In an effort to control the spread of the coronavirus, Nevada Gov. Steve Sisolak has enacted a three-week mandate that requires casinos and restaurants to further lower their capacity from 50% to 25%. The restrictions also require limits of 50 people for conventions and meetings.
After an almost eight-month shutdown of casinos in Peru, an estimated 50,000 workers are protesting the shutdown and demanding the reopening of the industry. A representative for the employees says the casinos have ensured that all health and safety protocols are in place, but the government has not yet addressed the issue.
Nevada Gov. Steve Sisolak, who recently tested positive for the coronavirus, said he might consider shutting down the state's casinos again, while acknowledging that trying to consider both economic and public health factors is like "walking a tightrope." As the pandemic rages on, other states have enacted new restrictions for casinos ranging from shortened hours and restaurant curfews to complete closures.
Pennsylvania saw a surge in online and sports gaming in October that lifted overall casino revenue 13% year over year, according to the Pennsylvania Gaming Control Board. For the first month ever, sports betting and online gaming exceeded $500 million in wagers.
The number of tourists frequenting Las Vegas casinos has plummeted because of the coronavirus pandemic and recent acts of violence on the Strip, and cultivating a sense of safety and security will be essential to bringing visitors back, industry experts say. People will be more likely to travel again once a COVID-19 vaccine is approved, but, in the interim, casino operators can attract customers by strictly enforcing face coverings, putting preventative measures in place and beefing up in-house security teams.
As a result of the pandemic, the completion of a $550 million expansion of San Manuel Band of Mission Indians' San Manuel Casino in Highland, Calif., will be delayed until the end of next year, with full use of the new space not expected until 2022. The project, which was expected to be finished by the middle of 2021, includes additional gaming space and a 17-floor hotel.
Apollo Global Management plans to purchase Great Canadian Gaming, a casino operator that owns 25 gaming, hospitality and entertainment facilities throughout Canada, including Nova Scotia, Ontario and British Columbia. In a deal worth approximately $3.3 billion, Apollo will pay $39 a share to acquire the company.
Evolution now offers a Craps game online, and it features an interactive tutorial and beginner's mode to simplify the game for new players. "Craps completes the Evolution portfolio in terms of offering every game you can find in a land-based casino," said Todd Haushalter, the company's chief product officer.
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