Casino cities embrace online play or lose out: experts
The coronavirus pandemic has been touted in some quarters as an opportunity for bricks and mortar casino operators and their host jurisdictions to re-examine their business practices for a fresh start following widespread shutdowns.
Gaming association renews request for higher IRS jackpot threshold
by Richard N. Velotta
When the Trump administration sought out regulatory reforms that could save the federal government money and help job creation and economic growth on Tuesday, the American Gaming Association renewed a familiar pet project.
Casino reopenings begin, but some properties will remain permanently closed
by Howard Stutz
Commercial and tribal casinos in more than a dozen states have slowly begun the process of reopening after being closed for more than two months due to the coronavirus pandemic. There are some casinos, however, that may not ever reopen.
The company was in the running for one of three gaming licenses to be issued by the Japanese Government, but will no longer pursue the development of an integrated resort in the country, according to a Tuesday news release.
Casino operator Las Vegas Sands Corp’s (LVS’s) decision to pull out of the race for a Japan casino reflected market uncertainties, delays and regulatory issues, suggested a number of investment analysts and observers in comments to GGRAsia.
Las Vegas will need more than cheap rooms to lure back visitors, marketing consultant says
by Buck Wargo
It’s going to take more than bargain room rates, dining discounts, and gambling coupons to lure customers back to Las Vegas resorts when they reopen, according to a marketing consultant speaking at next week’s ICE North America digital conference by Clarion Gaming.
Japan’s casino plans remain dicey after Las Vegas Sands pullout
by Eri Sugiura
Japan’s legalization of casinos two years ago was supposed to usher in a golden age of gaming tourism with top names from the industry. But the sudden decision by Las Vegas Sands to take its chips off the table has cast doubt on projects that were already on shakey ground after a bribery scandal.
In a new research paper, Global Market Advisors (GMA) says the Japanese government will not delay the official application period (January – July 2021) for local governments seeking to host an integrated resort (IR).