This Week in Gambling

Thought we were past the dangers of Covid lock-downs? So did we! But now, casino operators like MGM, the Las Vegas Sands, and Wynn Resorts are learning the hard way that the Coronavirus can still hurt them… even from thousands of miles away. Casinos in Macau have been dark for several days now, shut down due to a new Covid outbreak. These American companies all have a lot invested in that market, and each could lose millions of dollars if things do not improve quickly. Already, the Las Vegas Sands has reported second quarter results which show that reduced visitors…

On July 11th, the Chines shut down all casinos for the first time since the first Coronavirus outbreak. Now, Macau casino giants are standing dark as the worst outbreak of the virus to hit the city spreads. People have been ordered to stay home, venturing out only for essential services. Police are monitoring the people who do wander out, and serious punishment awaits anyone who disobeys the government. With over 30 Macau casinos shuttered, these recent events have sent stocks of gambling companies falling… all as authorities struggle to contain the worst Coronavirus outbreak yet in the world’s biggest gambling…

This week’s gambling news finds three Las Vegas casinos closing forever. Having been shut down since the pandemic began, many of these were never able to re-open, and now they will be demolished. Additionally, another hotel right on The Vegas Strip has closed to make room for a mystery project. Could it be a new Las Vegas Casino Resort? Hello friends, and welcome to This Week in Gambling, where we had quite the scare over the weekend at the MGM Grand in Las Vegas. More on that in just a moment. Up first: Even with the record revenue numbers we’ve…

Several weeks ago we reported on some interesting moves from Tilman Fertitta. Now, the Las Vegas Travelodge and an adjoining strip shopping mall have been closed in what looks like the next step toward a new Strip Casino. Fertitta owns the Golden Nugget Casino on Fremont Street, as well as others around the country. Near the end of April, he purchased 6 acres on Las Vegas Boulevard across the street from City Center. Speculation was that the $270 million purchase could be developed into a new casino. Now, the strip shopping center and Las Vegas Travelodge currently occupying the land…

The Majestic Moon Triple Sparkle slot machine is a 5 reel, 3 row game packed on the award-winning KX 43 and Opus cabinets from Konami Gaming. The Majestic Moon slot is just the latest addition to the player favorite Triple Sparkle family.   Konami has many Triple Sparkle slot machines, but in this video we take a look at the Majestic Moon Triple Sparkle! The game comes with three bet options, each level consisting of 40 credits plus a 20-credit “Xtra Reward” ante bet. Wagers are thus limited to 60, 120 or 180 credits, and the Sparkle Feature is only…

The pandemic challenged the gaming industry. And while Vegas has recovered nicely, Station Casinos has had to make some difficult choices. Now, the decision has been make to demolish three of their properties. Texas Station, Fiesta Rancho and Fiesta Henderson have all been closed since the pandemic began. But as other casinos were able to reopen in the aftermath, those sites have remained shuttered. Their customers have moved on to new sites, making the ultimate decision to close them forever a simple one. The land those casinos occupied was over 107 acres of prime real estate, which will be sold….