Industry News
Gaming
Top stories summarized by our editors
6/29/2020

Casinos in four areas outside of Manila were allowed to open at 50% capacity earlier this month as the Philippines slowly eases coronavirus-related restrictions. Metro Manila casinos have been conducting dry runs on reopening.

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GGRAsia (Macao)
6/29/2020

Landcadia Holdings II is purchasing the real-money Golden Nugget Online Gaming and will adopt its name. It will be the US' second online casino company that will be purely publicly traded.

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CasinoBeats (UK)
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US, Landcadia
6/29/2020

Mohegan Gaming & Entertainment came perilously close to a liquidity crisis as it fell into the grace period when paying nearly $20 million in interest recently. Its casinos have reopened, but not before Mohegan was downgraded to a C rating.

6/22/2020

Five weeks after three Arizona casinos reopened, Gila River Gaming Enterprises has closed them again for another two weeks after a security guard died from complications connected to COVID-19 and an unknown number of employees tested positive for the coronavirus. The security guard, who had returned to work May 15, told his daughter he was worried about workers' health, as "80% of the [guests] weren't wearing masks."

6/22/2020

Two proposals for amendments to California's Constitution would allow different versions of legalized sports wagering. The state's Senate Appropriations Committee will vote Tuesday on its version, which has the backing of several major sports leagues and would allow online sports wagering, while a tribal proposal would allow only in-person sports bets.

6/22/2020

The Canadian Gaming Association asked after a government committee Friday for permission to open border-area casinos in Ontario earlier than planned and explained efforts in place to reduce the risk of coronavirus spread. Bingo halls would reopen later.

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Gambling News
6/22/2020

The Nevada Gaming Board plans to codify rules for cashless gaming via debit cards, which already happens in the state, as long as the systems are licensed, and casinos in Mississippi are eager for its state board to adopt rules for the practice. The American Gaming Association has been working on a set of principles for cashless gaming for a year and a half, but the coronavirus has sparked more urgency.

6/22/2020

Government officials in the Netherlands have decided to delay regulations related to online gaming licenses because of the coronavirus pandemic. Regulators also discussed possibly reducing the five-year licensing term.

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EGR
6/22/2020

Neary 250 tribes expect to lose about $22.4 billion -- half a year's revenue -- from casino closures during the coronavirus pandemic. "It's really pretty much crippled our tribal economy," Ho-Chunk Nation President Marlon WhiteEagle of Wisconsin says, as their six casinos bring in at least 80% of the tribe's yearly operating budget.

6/15/2020

The Las Vegas Strip has reopened, but some insiders wonder whether visitor numbers will continue to increase as long as big draws, such as Cirque du Soleil, are still closed. Visitors concerned about the coronavirus instead may go to casinos closer to home where masks are mandatory and the drive home is shorter if play isn't up to par.

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