This Week in Gambling

The Macau High Roller online slot is a 5 reel game with10 paylines from our friends at iSoftBet! It offers the excitement of Macau with Bonus Spins and a Bonus Round, Scatter Symbols, and a High Roller Lounge where the wins can really add up! Take a trip to Asia’s biggest gambling mecca with slot play on the Macau High Roller online slot! This is a slot game which offers all the excitement and glamour of the good life with super car, baccarat, and roulette symbols on the reels! Players spin through the standard base game or choose to raise…

Professor I. Nelson Rose, Gambling and the Law How do you know Macau casinos are in trouble economically? Well, if a major news source says there is a “silver lining” in being shut down that may be an indication. And that’s what the Asia Gaming Brief  did then they published an article titled “Macau Casino Closures Provide Some Relief from Cash Burn.” Now, casinos in Macau have so few gamblers, in fact, so little revenue of any kind, that the government finally ordering them completely closed is a small blessing.  At least this way, the casinos do not have to…

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…