PAGCOR extends suspension of Philippines gaming operations to cover entire nation

Inside Asian Gaming

2020-03-19Philippines gaming regulator PAGCOR has expanded the suspension of all gaming operations to cover the entire nation, with the emerging casino hub of Clark and even the POGO industry now shut down until at least 12 April. President Rodrigo Duterte a…… [Read More]

AGA leader: Gaming industry should be included in any Covid-19 economic stimulus

Howard Stutz, CDC Gaming Reports

2020-03-19Gaming’s top Washington D.C. lobbyist said Wednesday the industry needs to be included in any economic stimulus endeavors under consideration on Capitol Hill in response to financial uncertainty brought on by the coronavirus outbreak. American Gami…… [Read More]

Eldorado-Caesars $17.3B deal ‘will get done’ despite coronavirus-inspired financial concerns

Howard Stutz, CDC Gaming Reports

2020-03-19Despite this week’s coronavirus-influenced stock price declines, and the pressure that's been placed on banks as a result, analysts said Thursday the $17.3 billion merger between Eldorado Resorts and Caesars Entertainment will be completed before th…… [Read More]

Everi promotes Randy Taylor to president; Mike Rumbolz extends CEO contract by 14 months

Howard Stutz, CDC Gaming Reports

2020-03-19Gaming equipment provider Everi Holdings named Randy Taylor to a newly created position as president and chief operating officer on Monday in a move the company’s chairman said would “fortify” short-term and long-term strategic efforts. Taylor, who…… [Read More]

Majority owner of Vietnam IR Hoiana granted new US$34 million cash injection

Inside Asian Gaming

2020-03-12Hong Kong-listed Suncity Group has announced a new loan of US$34 million to the subsidiary that holds a majority stake in Vietnam integrated resort Hoiana as the project edges ever closer to launch. The latest in a series of recent cash injections …… [Read More]

Macau considering easing of entry restrictions from mainland China

Inside Asian Gaming

2020-03-12The Macau SAR government is considering easing entry restrictions for visitors from mainland China but may escalate bans on those from Europe, the Health Bureau said on Wednesday. It is now 36 days since Macau recorded a new case of COVID-19, while…… [Read More]

Gaming equipment providers can’t escape addressing coronavirus concerns

Howard Stutz, CDC Gaming Reports

2020-03-12Everi Holdings CEO Mike Rumbolz said the company had not experienced “any discernable impact to date” from worldwide concerns surrounding COVID-19, the name now given to coronavirus. International Game Technology CEO Marco Sala, whose corporate hea…… [Read More]

2019, a mixed bag for the UK gambling industry

Andrew Tottenham, CDC Gaming Reports

2020-03-12Once a year, the UK Gambling Commission (UKGC) publishes a report on the gambling activity and attitudes toward gambling of the adult population of Great Britain. The report is based on quarterly telephone and online surveys carried out the during t…… [Read More]

Macau gaming revenues fall 87.8% in February following casino closures

Howard Stutz, CDC Gaming Reports

2020-03-12Macau’s casino industry experienced an 87.8% decline in gaming revenue during February as the gaming market with grappled with travel restrictions and a two-week shutdown brought about by the country’s coronavirus outbreak. The Gaming Inspection &a…… [Read More]

IGT fourth quarter results top forecasts; company is braced for coronavirus’s advance

Matthew Crowley, CDC Gaming Reports

2020-03-12The fourth quarter was a mixed bag for slot and lottery giant International Game Technology. A $99 million goodwill impairment charge sparked a fourth-quarter loss. But excluding that charge, the company was net income positive for the quarter and …… [Read More]