Caesars and MGM Properties May Lose $1m a Day if Atlantic City Casino Employees Strike

Caesars and MGM Properties May Lose $1m a Day if Atlantic City Casino Employees Strike

Severe losses expected if a strike occurs Atlantic City employees of MGM Resorts and Caesars Entertainment will go on strike starting this weekend if new union contracts are not signed beforehand. If the strikes occur, the Local 54 estimates that casino revenue losses will reach around $1 million daily. new deals have yet to be…

Crypto, NFT’s and Online Gambling Future of Casinos

Crypto, NFT’s and Online Gambling Future of Casinos

Info-Tech Research Group has published a new industry trends report about crypto, NFT’s, and online gambling, and how they effect the future of casinos and their need for digital transformation. The report is timely, as the effects of the pandemic are still apparent to casino operators, most notably with a shortage of labor and skilled…

BetMGM to Help Bring Wheel of Fortune Online Casino to Life

BetMGM to Help Bring Wheel of Fortune Online Casino to Life

From the studio to the casino Sony Pictures Television is preparing to turn its iconic Wheel of Fortune game show into an immersive betting experience. an ever-changing board and brain-teasing puzzles The game, which features a roulette wheel (of sorts), an ever-changing board and brain-teasing puzzles, will soon be made into Wheel of Fortune Casino…

Michigan Governor Rejects Off-Reservation Tribal Casino Proposal

Michigan Governor Rejects Off-Reservation Tribal Casino Proposal

No deadline extension Michigan Governor Gretchen Whitmer has rejected a proposed $180m off-reservation casino from the Little River Band of Ottawa Indians. The tribe has been trying to get the western Michigan project over the line for more than a decade, but Governor Whitmer officially rejected the plan on Wednesday. the US Department of Interior…

Macau Casinos Struggling to Borrow From Banks as Pandemic Pains Continue, Says Morgan Stanley

Macau Casinos Struggling to Borrow From Banks as Pandemic Pains Continue, Says Morgan Stanley

Struggling to return to normal According to Morgan Stanley analysts, casino operators in Macau may be having issues borrowing from banks amid the continuing impact of COVID-19 in the region. Unlike casinos in the US which have bounced back strongly following their own pandemic woes, in many cases even surpassing pre-pandemic revenue levels, casinos in…