Casino Industry

The Latest

  • Star Entertainment Group Shares Plummet Following Money Laundering Allegations
    Star Entertainment
    The Sydney Morning Herald, the Age, and 60 Minutes accused Star Entertainment Group of allowing illegal activities at its establishments for years.
  • Why Online Casinos Have Boomed During Lockdown
    Why Online Casinos Have Boomed During Lockdown
    While some industries have undoubtedly struggled during lockdown, others have flourished. The online casino industry has reached new heights never seen before and it is safe to say that the virus has been good to the industry. Here are some of the reasons why online casinos have boomed during lockdown.
  • Macao Casinos To Undergo Restructuring As Regulator Ramps Up Ranks With New Inspectors
    Macau Gambling Revenues
    The casino hotspot is looking to increase revenue following a tough 2020.
  • Crown Resorts' Owner James Packer Hits Roadblock Following Damning Report
    Crown Resorts
    Crown Resorts' share price fell by more than 8.9% following the release of a report alleging its involvement in crime.
  • Crapping Out: Galaxy Entertainment Takes HK$2.8 Billion Hit In Macau
    Galaxy Entertainment
    Galaxy Entertainment Group blamed the poor perfomance on the impact of the coronavirus pandemic.
  • Wynn Confident China Gamblers Will Return To Macau In The Second Half Of The Year
    Wynn Macau
    Wynn Resorts reported $351.6 million loss on revenues of $20.6 million only for its quarter ended June.
  • Casino Stocks Surge As Macau Eases Pandemic Restrictions
    Macau Casino
    Casino-related stocks surged on Monday after Guangdong lifted its 14-day quarantine requirement for mainland travelers.
  • Casino Stocks Rally As Major Gambling Destinations Reopen
    Casino Stocks
    Casino stocks such as Caesars, MGM, and Wynn Resorts surged as major establishments prepare to reopen this week.
  • Crown Resorts Shares Tumble Amid Money Laundering Allegations
    Crown Resorts
    Crown Resorts is facing a possible investigation by Australian gaming agencies and parliament following allegations of its involvement in a money-laundering scheme orchestrated by Asian crime syndicates.
  • Eldorado Acquires Caesars In $17 Billion Casino Merger
    Caesars Entertainment
    The combined companies will operate a total of 60 casino resorts across 16 states, making it one of the biggest casino operators in the country.