Casino & Dice News
Everi Excellence Possible as Analyst Boosts Estimates Through 2022 on Fintech, Gaming Beats
by Todd Shriber on August 5, 2020 at 9:04 pm
Gaming technology provider Everi Holdings (NASDAQ:EVRI) jumped 4.30 percent Wednesday, a day after the company reported second-quarter revenue that easily topped consensus estimates. That prompted at least one analyst to raise forecasts on the name through 2022. In a note to clients today, Roth Capital analyst David Bain raised his 2020 through 2022 projections on The post Everi Excellence Possible as Analyst Boosts Estimates Through 2022 on Fintech, Gaming Beats appeared first on Casino.org.
Marina Bay Sands, Resorts World Singapore Expansion Ambitions Crimped by Coronavirus
by Todd Shriber on August 5, 2020 at 7:23 pm
Marina Bay Sands and Resorts World Sentosa, Singapore’s two integrated resorts, will forge ahead with plans to expand non-gaming attractions in the city-state. But those efforts will face delays stemming from the coroanvirus pandemic, according to local officials. Las Vegas Sands (LVS) and Genting Singapore, the owners of the two venues, previously pledged to spend The post Marina Bay Sands, Resorts World Singapore Expansion Ambitions Crimped by Coronavirus appeared first on Casino.org.
Brooks Koepka Oddsmakers Top Liability at PGA Championship
by Devin O'Connor on August 5, 2020 at 5:51 pm
Brooks Koepka is oddsmakers’ largest liability on this week’s PGA Championship. The two-time defending champ is commanding the lion’s share of the money wagered and number of bets placed. This year has been unlike any other, as the coronavirus pandemic has disrupted sports around the world. Traditionally the last of the four golf majors each The post Brooks Koepka Oddsmakers Top Liability at PGA Championship appeared first on Casino.org.
Red Rock Could Get Back to Basics, Potentially Benefiting Investors, Says Analyst
by Todd Shriber on August 5, 2020 at 5:29 pm
Shares of Red Rock Resorts (NASDAQ:RRR) are slumping today after the gaming operator revealed a murky outlook for four of its still closed Southern Nevada properties. But one analyst sees opportunity with the stock should management opt to return the company to its core competencies. Following a better-than-expected second-quarter earnings report delivered yesterday after the The post Red Rock Could Get Back to Basics, Potentially Benefiting Investors, Says Analyst appeared first on Casino.org.
UK Gaming Industry Rebuffs Calls for Online Gamblers to Prove They Can Afford Losses
by Devin O'Connor on August 5, 2020 at 4:54 pm
The gaming industry in the United Kingdom is rejecting calls from a British public policy group that wants online gamblers to prove they can afford their losses. The Social Market Foundation, one of the most respected public policy think tanks in Britain, issued a report this week with numerous suggestions to overhaul the UK online The post UK Gaming Industry Rebuffs Calls for Online Gamblers to Prove They Can Afford Losses appeared first on Casino.org.
Wynn Sports App Quietly Goes Live in Increasingly Competitive New Jersey Market
by Todd Shriber on August 5, 2020 at 4:29 pm
Wynn Sports, a unit of Wynn Resorts (NASDAQ:WYNN), is live with a mobile sports wagering application in New Jersey, becoming the 18th sports betting app in the Garden State. The app debuted Tuesday following a five-day “soft launch” period required by the New Jersey Division of Gaming Enforcement (DGE). Las Vegas-based Wynn doesn’t operate a The post Wynn Sports App Quietly Goes Live in Increasingly Competitive New Jersey Market appeared first on Casino.org.
Virgin Atlantic Files for Bankruptcy, Parent Company Behind Las Vegas Casino Hotel
by Devin O'Connor on August 5, 2020 at 3:24 pm
Virgin Atlantic, the airline founded by British billionaire Richard Branson, has filed for bankruptcy protection in the United States amid the coronavirus pandemic. Executives say the move is part of a court process to restructure the company’s finances, and has the support of the airline’s major creditors and owners. Delta Air Lines, which holds a The post Virgin Atlantic Files for Bankruptcy, Parent Company Behind Las Vegas Casino Hotel appeared first on Casino.org.
Man Charged for Allegedly Selling Fentanyl Inside St. Charles Casino, One Dead Following Overdose
by Devin O'Connor on August 5, 2020 at 7:30 am
A 43-year-old man has been charged with allegedly selling fentanyl inside a St. Charles, Missouri, casino. The drugs may have led to one man’s death. The US Attorney’s Office for the Eastern District of Missouri says Ledra A. Craig of Wright City, Mo., has been charged with a federal complaint of distribution of fentanyl. An The post Man Charged for Allegedly Selling Fentanyl Inside St. Charles Casino, One Dead Following Overdose appeared first on Casino.org.
Station Casinos Closed Properties, Including Palms, Fate Up in the Air
by Todd Shriber on August 5, 2020 at 2:49 am
It’s not clear when, or even if, the four Station Casino properties in Las Vegas that are currently closed will reopen. That’s the sentiment of high-ranking executives from Red Rock Resorts (NASDAQ:RRR), the parent company of Station Casinos, regarding the Fiesta Henderson, Fiesta Rancho, Palms, and Texas Station. Those venues remain closed while more than The post Station Casinos Closed Properties, Including Palms, Fate Up in the Air appeared first on Casino.org.
Wynn Whiffs on Q2 Earnings as Operating Revenue Declines Almost 95 Percent
by Todd Shriber on August 4, 2020 at 10:29 pm
Wynn Resorts (NASDAQ:WYNN) said its second-quarter operating revenue dropped 94 percent to $85.7 million, down from $1.66 billion a year earlier. The gaming operator joined a growing list of companies reporting dismal numbers for the April through June stretch because of the coronavirus pandemic. The Encore operator said it lost $5.97 a share. Analysts expected The post Wynn Whiffs on Q2 Earnings as Operating Revenue Declines Almost 95 Percent appeared first on Casino.org.
World Casino News Your source for breaking casino news.
Australian casino operator retaining Suncity Group junket partnership
by Adam Morgan on August 5, 2020 at 10:38 pm
In Australia and an executive for local casino operator The Star Entertainment Group Limited has reportedly told an official inquiry that his company still works with Suncity Group despite allegations that the Asian junket firm may have links with the criminal underworld. According to a Tuesday report from The Sydney Morning Herald newspaper, the revelation
British online gamblers could soon face a £100 monthly ‘soft cap’ on losses
by Adam Morgan on August 5, 2020 at 7:05 pm
In the United Kingdom and a prominent cross-party think-tank is reportedly set to recommend that the nation’s online gamblers not be allowed to lose more than £100 ($131) a month without first undergoing a strict set of new affordability checks. According to a Tuesday report from The Guardian newspaper, this monthly ‘soft cap’ proposal from
WSOP.com concludes Online Series with 31 events producing over $26m in prize money
by Marie Kelley on August 5, 2020 at 7:04 pm
On Friday, WSOP.com hosted its final Online Series events. Overall, the series offered one event per day and provided 31 gold bracelets to deserving players. In the end, over $26.8 million was awarded in prize money from the 31 events. Over 44,000 entries were seen during the series, which was opened to players from New
Playson boosts UK presence via new content deal with STech for its new SpaceCasino brand
by K Morrison on August 5, 2020 at 7:02 pm
After recently launching its August CashDays Tournament, Playson has now announced that it has inked a content agreement with iGaming platform provider STech Technology for its UK facing website SpaceCasino. Players are now able to access the developer’s entire offering of hit titles such as Solar Queen, the Book of Gold trilogy, and Buffalo Power:
Wynn Macau Limited experiences second-quarter disappointment
by Adam Morgan on August 5, 2020 at 7:01 pm
Asian casino operator Wynn Macau Limited has reportedly released its unaudited financial results for the second quarter showing that it experienced a drop of 98.2% year-on-year in overall operating revenues to just $20.6 million. According to a report from Inside Asian Gaming, the Hong Kong-listed firm used an official filing to detail that its performance
Coronavirus consequences see IGT post a second-quarter loss of $94 million
by Adam Morgan on August 5, 2020 at 1:09 pm
British lottery and gaming machines innovator International Game Technology (IGT) reportedly recorded an overall loss of $94 million for the second quarter of the year owing to a downturn in business caused by the ongoing coronavirus pandemic. According to a report from Inside Asian Gaming, the London-headquartered firm saw its adjusted company-wide earnings before interest,
Pragmatic Play launches new online video slot Aztec Gems Deluxe with four jackpot feature
by K Morrison on August 5, 2020 at 1:05 pm
It appears that multi-tasking is something that Pragmatic Play is adept, having simultaneously closed a major deal with 888 Holdings and launched its next deluxe title, Aztec Gems Deluxe. In their search of the lost Aztec temple, players will find the new “deluxe” version of the 2018 original South American themed slot scaled down a
GGPoker’s WSOP Online Events Continue with Two New Bracelet Winners
by Marie Kelley on August 5, 2020 at 1:02 pm
The WSOP Online Series is far from over at GGPoker. The online poker platform is offering gold bracelet events through September, with players from around the world competing to own the coveted hardware. Over the weekend, two events finished up, with brand new players earning a gold bracelet, putting their poker skills to the test.
New York Mets Yoenis Cespedes Opts out of the 2020 MLB Season
by David Green on August 5, 2020 at 12:59 pm
The superstar outfielder of the New York Mets, Yoenis Cespedes, did not report to Truist Park in Atlanta, Georgia on Sunday, August 2nd, 2020 for a game against the Atlanta Braves. His team was worried about him after not being able to get a hold of him following multiple attempts to do so. News broke
Gambling Commission launches latest safer gambling campaign
by Adam Morgan on August 4, 2020 at 8:03 pm
In the United Kingdom and the Gambling Commission regulator has reportedly announced the launch of a new campaign that has been designed to increase awareness of safer iGaming control tools alongside problem gambling support groups such as GamCare and GambleAware. According to a Monday report from SBCNews, the public body declared that its Nine Ways to Keep