Casino & Dice News
Hong Kong Police Arrest 29 Suspects Tied to Alleged Gambling Racket
by Ed Silverstein on March 31, 2020 at 11:04 pm
A Hong Kong illegal gaming racket, which obtained $1.8 million from eight gambling dens in just a half year, was broken up by local police in a series of recent raids, police revealed. Three ringleaders and 26 other suspects were arrested as of Monday and more arrests are possible, news reports add. The illicit operation... Read More The post Hong Kong Police Arrest 29 Suspects Tied to Alleged Gambling Racket appeared first on Casino.org.
Hornbuckle Shows Confidence in MGM Stock, Adds 41,000 Shares Just This Week
by Todd Shriber on March 31, 2020 at 10:22 pm
William Hornbuckle, the interim CEO of MGM Resorts International (NYSE:MGM), is displaying confidence in his employer’s stock, scooping up more than 41,000 shares in the gaming company just this week. To be precise, Hornbuckle added 41,300 shares of MGM equity over the past two days – 8,300 on Monday and 33,000 today, according to a... Read More The post Hornbuckle Shows Confidence in MGM Stock, Adds 41,000 Shares Just This Week appeared first on Casino.org.
Flutter and TSG Vow $12 Billion Mega-Merger Won’t Be Sabotaged by Coronavirus Crisis
by Philip Conneller on March 31, 2020 at 9:46 pm
Paddy Power and FanDuel owner Flutter Entertainment, and PokerStars and SkyBet parent The Stars Group (TSG) said this week their planned $12.2 billion merger will go ahead — regulators permitting — despite the financial shock of the coronavirus crisis. Flutter may be harder hit than its Canadian suitor. That’s because of its greater exposure to... Read More The post Flutter and TSG Vow $12 Billion Mega-Merger Won’t Be Sabotaged by Coronavirus Crisis appeared first on Casino.org.
Pandemic Delays Atlantic City Casino 2020 Profit Reports
by Devin O'Connor on March 31, 2020 at 9:36 pm
Atlantic City casinos will have another month to disclose to the state their Q4 and full-year 2019 profit reports because of the ongoing COVID-19 pandemic that has shuttered their resort operations. In a notice posted to the New Jersey Division of Gaming Enforcement’s (DGE) website, the state gaming regulatory agency explains the fourth quarter and... Read More The post Pandemic Delays Atlantic City Casino 2020 Profit Reports appeared first on Casino.org.
Eldorado, Caesars Wedding Is On, Unidentified Source Says Save a June Date
by Todd Shriber on March 31, 2020 at 7:06 pm
Shares of Eldorado Resorts (NASDAQ:ERI) and Caesars Entertainment (NASDAQ:CZR) are soaring Tuesday after an unidentified source told CNBC the $17.3 billion transaction that will create the largest US gaming company should be completed in June. That report comes just days after the deal appeared to be hitting regulatory headwinds because gaming authorities in Nevada and... Read More The post Eldorado, Caesars Wedding Is On, Unidentified Source Says Save a June Date appeared first on Casino.org.
ATP Tour Unveils Virtual Tennis Product to Fill Live Sports Bet Void
by Devin O'Connor on March 31, 2020 at 5:42 pm
Could simulated virtual tennis matches fill the current sports betting void being experienced around the world? Sports data firm IMG Arena and the ATP Tour are betting on just that. This week, IMG Arena announced its virtual tennis product will debut sometime next month. The simulated game will feature logos and official tournament names from... Read More The post ATP Tour Unveils Virtual Tennis Product to Fill Live Sports Bet Void appeared first on Casino.org.
Casino Magnate Sheldon Adelson Personally Donates Two Million Masks to US Hospitals
by Devin O'Connor on March 31, 2020 at 4:36 pm
Billionaire Sheldon Adelson, the founder and CEO of the Las Vegas Sands casino empire, has personally donated two million masks to United States hospitals. Adelson ranks No. 17 on Forbes’ list of wealthiest Americans, his fortune today estimated at $29.3 billion. While that’s down considerably from more than $40 billion earlier this year, the casino... Read More The post Casino Magnate Sheldon Adelson Personally Donates Two Million Masks to US Hospitals appeared first on Casino.org.
Wynn Macau Scraps 2019 Dividend Citing Need to ‘Safeguard’ Operations During COVID-19 Pandemic
by Todd Shriber on March 31, 2020 at 4:10 pm
Wynn Macau Ltd. is the latest gaming company to alter its dividend policy citing the coronavirus outbreak, saying earlier today that it won’t deliver a 2019 payout. That after the operator of the Wynn Macau and Wynn Palace integrated resorts paid a final 2018 dividend of less than six cents a share, its lowest payout... Read More The post Wynn Macau Scraps 2019 Dividend Citing Need to ‘Safeguard’ Operations During COVID-19 Pandemic appeared first on Casino.org.
Osaka Officials Concede Integrated Resort Opening Ahead of 2025 World Expo Impractical
by Devin O'Connor on March 31, 2020 at 3:30 pm
Government officials in Osaka say opening an integrated resort ahead of its hosting of the 2025 World Expo is no longer a realistic goal. Osaka Prefecture and city leaders cite the ongoing COVID-19 pandemic as the primary reason for the push back. According to World Health Organization data, Japan has 1,866 confirmed coronavirus cases and... Read More The post Osaka Officials Concede Integrated Resort Opening Ahead of 2025 World Expo Impractical appeared first on Casino.org.
Detroit’s Greektown Casino-Hotel Providing Free Rooms to First Responders During Coronavirus Outbreak
by Ed Silverstein on March 31, 2020 at 8:11 am
Detroit’s Greektown Casino-Hotel has set aside 40 free-of-charge rooms for police officers, firefighters, and emergency medical technicians. Numerous Detroit first responders have fallen ill, and a few have died from the virus. In order to stay at the hotel, the first responders must be free of coronavirus symptoms. Their health is constantly monitored. Whenever they... Read More The post Detroit’s Greektown Casino-Hotel Providing Free Rooms to First Responders During Coronavirus Outbreak appeared first on Casino.org.
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Macau records discouraging March casino revenues tally
by Adam Morgan on April 1, 2020 at 7:49 pm
Last month reportedly saw the 39 casinos in Macau record an almost 80% drop year-on-year in aggregated gross gaming revenues to slightly over $658.31 million due in large part to the ongoing impact of the coronavirus pandemic. According to a report from GGRAsia citing official information from the enclave’s Gaming Inspection and Coordination Bureau, the
Coronavirus concern prompts temporary closure of Vietnamese casinos
by Adam Morgan on April 1, 2020 at 5:50 pm
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 of
MGM Resorts International executives increase their shareholdings
by Adam Morgan on April 1, 2020 at 5:47 pm
Some of the most prominent executives for MGM Resorts International are reportedly thought to have collectively spent over $10.3 million since Monday so as to purchase in excess of 900,000 shares in the American casino operator. According to a report from CDC Gaming Reports, the transactions are being seen as a way for the Las
Snowborn Games’ first new online slot “The Vault” available exclusively to Microgaming operators from 28 April via new supply deal
by K Morrison on April 1, 2020 at 5:44 pm
Microgaming has scored an exclusive supply deal with Nordic igaming studio Snowborn Games, making the developer’s first title, The Vault, available exclusively to the entire Isle of Man-based gambling software company’s network via the Quickfire distribution platform from April 28, 2020. The new Stockholm and Helsinki-based studio is positioned to create “analytics-based games” designed to
Maritime fun with new Blown Away video slot from Lightning Box Games
by Adam Morgan on April 1, 2020 at 5:43 pm
Some seven weeks after launching its Golden Yak video slot and specialist third-party online casino games developer Lightning Box Games has now announced the premiere of its new Blown Away innovation. The Australian firm used an official Tuesday press release published by European Gaming Media and Events to declare that its latest five-reel and 25-payline
PokerStars NJSCOOP coming soon; set to offer 96 events with $1.2m up for grabs
by Marie Kelley on April 1, 2020 at 5:39 pm
Online poker players in the state of New Jersey will be excited to hear that the New Jersey Spring Championship of Online Poker (NJSCOOP) is set to begin very soon. PokerStars has released the schedule of the upcoming festival, revealing a total of 96 events with a total of $1.2 million up for grabs! NJSCOOP
NetEnt introduces beautiful elven huntresses in new Wilderland online slot game
by Marie Kelley on April 1, 2020 at 5:33 pm
An enchanting experience awaits in the new Wilderland online slot game by NetEnt. Step into an enchanted woodland filled with elvish magic when you spin the reels of this new title. Set within a mystical forest, the slot includes beautiful elven huntresses along with special mechanics like Walking Wilds and Walking Scatters. Details of the
Pragmatic Play bolsters BetVictor partnership: adds Live Casino to portfolio
by K Morrison on April 1, 2020 at 5:30 pm
Pragmatic Play has strengthened its partnership with Gibraltar-based independent bookmaker BetVictor, after agreeing a deal to provide its Live Casino product to the company. The agreement builds on the successful integration of the multi-product content provider’s state-of-the-art video slots titles. “Pragmatic Play’s slot portfolio has been an excellent addition to our offering.” Launched a year
Shuttered Greektown Casino-Hotel opening its doors to first responders
by Adam Morgan on March 31, 2020 at 8:14 pm
In Michigan and the 400-room Greektown Casino-Hotel has reportedly opened its doors for free to local police officers, firefighters and emergency medical technicians who may be worried about the ongoing coronavirus pandemic. According to a Monday report from The Detroit News newspaper, the downtown Detroit casino is making 40 rooms on two of its 30
Penn National Gaming Incorporated initiates coronavirus-related lay-offs
by Adam Morgan on March 31, 2020 at 5:33 pm
American regional casino operator Penn National Gaming Incorporated is reportedly set to lay off almost its entire workforce of approximately 26,000 people from tomorrow in an attempt to safeguard its long-term future during the ongoing coronavirus pandemic. According to a Friday report from the Las Vegas Review-Journal newspaper, the Wyomissing-headquartered firm revealed that it has