The King of Casinos is No More. Long Live the King.

The King of Casinos is No More. Long Live the King.

Posted by: on Jun 6, 2020 | No Comments

The “King of Gambling” and the “Godfather of Macau,” Stanley Ho, passed away on May 26, 2020, at the age of 98. Ho is credited with transforming the sleepy town of Macau into the most popular gambling destination in the world, ahead of even

Casino Hubs to Visit after the Coronavirus Crisis

Casino Hubs to Visit after the Coronavirus Crisis

Posted by: on May 11, 2020 | No Comments

Despite the surge in online gambling, the global casino industry remains a huge enterprise. Before the COVID-19 crisis came into the picture, the industry was touted to reach $525 billion by 2023, growing at a CAGR of approximately 4%

Could 2020 Be the Year for Online Casinos?

Could 2020 Be the Year for Online Casinos?

Posted by: on May 4, 2020 | No Comments

The global casino industry, which thrives on tourism and large groups of people in close proximity, has been hit hard by the COVID-19 crisis. The first 4 months of 2020 could be the worst on record for Macau’s casino operators, with

Global Casino Industry Grapples with Geo-Political Pressures

Global Casino Industry Grapples with Geo-Political Pressures

Posted by: on Mar 12, 2020 | No Comments

A combination of global developments is proving costly for the casino industry. Coronavirus or Covid-19, a deadly virus has taken global centre stage, disrupting trade, supply-chains, tourism, business activities and even cultural events. The number of infected people has surpassed 126,000

Casino Industry Contributes Towards Finding a Coronavirus Cure

Casino Industry Contributes Towards Finding a Coronavirus Cure

Posted by: on Feb 27, 2020 | No Comments

The Coronavirus epidemic (Covid-19) is one of the fiercest health epidemics to hit the world since the SARS 2002-03 outbreak. Originating in the Wuhan province of China in December 2019, the disease has already infected 71,442 people worldwide and killed 1,776

Senate Panel of US State of Virginia Passes Casino Legislation Bill for Five Cities

Senate Panel of US State of Virginia Passes Casino Legislation Bill for Five Cities

Posted by: on Feb 12, 2020 | No Comments

The US state of Virginia is home to more than 8 million people. Over the last couple of years, more residents have been pushing policymakers to change the state’s gambling laws. Although the state had many gambling avenues in the 1800s, these were made illegal during

Cambodia’s Casino Drive: Another Asian Success Story

Cambodia’s Casino Drive: Another Asian Success Story

Posted by: on Dec 8, 2019 | No Comments

The casino industry is booming across Asia, with the proliferation of integrated casino resort facilities in destinations like Macau, Singapore and Vietnam. Macau has been a prominent gaming hub in the continent, with revenues surpassing Las Vegas casinos. At

Increased Scrutiny and Litigation Pose Hurdles for Region C Casino Development in South-Eastern Massachusetts

Increased Scrutiny and Litigation Pose Hurdles for Region C Casino Development in South-Eastern Massachusetts

Posted by: on Nov 13, 2019 | No Comments

The Region C casino license was the third and final destination casino property, legalised by the state of Massachusetts, in its 2011 Expanded Gaming Act. Under this act, the Massachusetts Gaming Commission (MGC) had authorised three

Can the Casino Industry Help Revive the Greek Economy?

Can the Casino Industry Help Revive the Greek Economy?

Posted by: on Oct 14, 2019 | No Comments

The Greek city of Athens is witnessing an investor boom, with the construction of hip new hotels from leading names dotting the skyline. After plunging more than 40% in 2010, property prices are gradually trending upward, and stability is returning. This

A Booming Macau Casino Industry Contributing to Surge in US Stocks

A Booming Macau Casino Industry Contributing to Surge in US Stocks

Posted by: on Jul 22, 2019 | No Comments

The Chinese casino and gaming industry has seen tremendous growth and increasing popularity over the years. Macau already outpaced Las Vegas in terms of gaming revenue way back in 2010. It is the only destination in Greater China (which consists of China,