Century Casinos Selling Calgary Casino Property Assets for $6.5 Million

Century Casinos (NASDAQ:CNTY) is selling the property on which Century Casino Calgary is located for $6.5 million. The edifice is also included inward the transaction with Rowanwood Financial Properties. Rowanwood Financial already paid $560,000 and the rest is due upon closing, which is expected to come in…

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BetMGM Sportsbook at Arizona Cardinals NFL Stadium Begins Construction

The BetMGM Sportsbook at State Farm Stadium, nursing home of the NFL genus Arizona Cardinals, is officially under mental synthesis in Glendale inward that state. BetMGM, the sports betting and iGaming building block of MGM Resorts proclaimed this calendar week that construction is underway at the 16,800-square-foot facility. The…

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Genting Hong Kong’s Fate to be Decided By German Court Monday

Genting Hong Kong is veneer ail after falling in arrears inwards its financial obligations. a German court of justice testament shortly settle what happens next with the gaming company’s operations. The yesteryear couple up of years haven’t been kind to Genting Hong. It began to adorn significant monetary…

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Las Vegas Strip Casinos Report $1.95B Net Loss in 2021 Fiscal Year

Las Vegas Strip casinos were dealt a high-risk helping hand with COVID-19. Numbers released this week by the province Gaming Control Board (NGCB) reveal just now how terrible the pandemic’s impact has been. While statewide gross gaming revenue climbed 25 percent from financial yr 2020, NV casinos incurred a…

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BetMGM and Arizona Cardinals offer first look at stadium sportsbook

BetMGM and the Arizona Cardinals have provided a first look at the operator’s new sportsbook coming to the NFL team’s home arenaBetMGM and the Grand Canyon State Cardinals have got provided a for the first time seem at the operator’s new sportsbook coming to the NFL team’…

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Macau Casino Stocks Surge as Licenses to Stay at Six, but Tenure Slashed to Ten Years

Macau’s next regulatory regime testament include half-dozen concessions, or licenses, with the tenure of those licenses halved from 20 years to a decade, the play hub’s Executive Council said Friday. The long-awaited illumination on forthcoming reforms caused shares in LVS, MGM Resorts, and Wynn Resorts to surge in…

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Scrutiny of Australia’s Gaming Industry Heats Up on a Couple Fronts

Australian authorities and regulators are sledding to scrutinize the country’s gambling manufacture to a greater extent than ever. Changes are coming on a duo of fronts that could experience wide-reaching implications for operators. Crown Resorts began falling asunder through and through the Bergin Inquiry in New South Wales (NSW)…

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ILGA announces practical interim arrangements for NSW casino regulator

The Independent Liquor & Gaming Authority (ILGA) has announced practical interim arrangements ahead of legislative changes to establish an independent casino regulator in New South Wales (NSW)The Independent Liquor & Gaming Authority (ILGA) has proclaimed practical interim arrangements forrader of legislative changes to plant an main(a) gambling casino…

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China and Macau Working to Control Suspicious Money Movements

China continues to closely supervise where money goes and who spends it, especially if it put up be tied to gambling. Intrinsically fastened to the policing of the activity is Macau, which has seen an growth in suspicious transactions. China announced lastly June that it would compound its targeted enforcement…

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Las Vegas Sands Is Cheap Quality Stock, Says Goldman Sachs

It’s too soon inward 2022, but it’s already straighten out that there’s naval division among analysts when it comes to casino stocks. Las Vegas Sands (NYSE:LVS) isn’t immune to that trend. Still, the largest Macau operator has supporters on Wall Street, some of which are…

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