Each week,CasinoBeatsbreaks down the numbers behind some of the industrys most interesting stories. In our latest edition we take a look at casino closures in both Australia and the UK, reopenings in Atlantic City and Kindreds revenue expectations.
100
After being given the green-light to reopen by GovernorPhil Murphy, Atlantic City casinos have subsequently began welcoming patrons back through their doors in recent days.
Permitted to resume operations from July 2, after more than 100 days of closure, the familiar sights and sounds returned, albeit with a series of heightened initiatives designed to ensure the safety of all involved.
Lauded asa critical moment for our industry by theCasino Association of New Jersey, not all properties have returned, however, withBorgata Hotel Casino & Spadeciding to remain closed given the impact the executive order will have on the experience they are accustomed to providing.
28
Researchers have compiled a blueprint for change that contains five key recommendations, after a new report found that an estimated 28 million personal current accounts in the UK do not have the option to block gambling expenditure.
GambleAwarehas published the findings of the new research, undertaken by researchers at theUniversity of Bristols Personal Finance Research Centreto review the availability, uptake, and effectiveness of bank card gambling blockers.
Recommendations pinpointed include a call on theFinancial Conduct Authorityto recommend that gambling blocks are standard on debit and credit cards, as well as a recommendation that there is a cross-sector consumer awareness campaign that places bank card blockers alongside other forms of self-exclusion and player controls.
It also says that firms and regulators need to work with experts by experience so they can design products, services and interventions for people who are negatively affected by gambling.
4
Casinos are standing by to aid the UKs economic recovery, but must be allowed to resume the action again by the close of July maintains theBetting and Gaming Council.
Continuing to mount pressure on the government to reopen casinos this month, venues were dealt a blow after being told they would not be permitted to return to action when other parts of the hospitality, leisure and entertainment industry could do so on July 4.
Having been closed since March 23 as part of the national effort to contain the spread of COVID-19, a number of measures have since been implemented including perspex screens, hand sanitisers, sophisticated track and tracing systems and strict social distancing rules.
The latest plea comes asChancellor Rishi Sunakannounces that businesses in the hospitality and tourism sector are to benefit from a cut in VAT from 20 per cent to 5 per cent until January 12.
23
Australias largest casino, theCrown Melbourne, will not be reopening afterVictoria Premier Daniel Andrewsconfirmed that the city of Melbourne was re-entering stage three lockdown for another six weeks.
The renewed lockdown will see residents barred from leaving their homes for any purpose other than work, food, exercise, or medical care. Furthermore, restaurants and cafes must return to takeaway and delivery services only with all other entertainment venues forced to shutdown operations.
In an announcement made on its official website, the property said: In line with the Victorian Governments reintroduction of stage three restrictions, Crown Resorts wishes to advise all our guests that Crown Melbourne will be temporarily closed from July 9 until further notice due to COVID-19.
The closure of Crown Melbourne is to protect the health and safety of Crown patrons, employees and the broader community.
Crown Melbourne had been closed since March 23 but reopened its in-person dining on June 1 as part of its phased reopening.
235
Kindred Groupis anticipating a 3.89 per cent increase in gross revenue for the second quarter of the year despite a plethora of cancelled and postponed sporting events having a continued significant impact across the industry.
Publishing a trading update for the period, ahead of its interim Q2 report on July 24, the gambling operator estimates that revenue for the period will be approximately 235m, up from 2019s 226.2m.
Underlying EBITDA for the quarter is predicted to reach a bracket of 48m-53m (2019: 30.5m), driven by cost reduction actions undertaken in connection with marketing, content and other direct costs.
In spite of the protected short-term profitability, as sports resume the group is expecting the marketing cost model of the business to normalise.
See the article here:
UK closures, Atlantic City and gambling blockers: The week in numbers - Casino Beats
- Gambling Addiction and Problem Gambling: Learn How to Stop ... [Last Updated On: December 12th, 2016] [Originally Added On: December 12th, 2016]
- Remote Gambling Association (RGA) [Last Updated On: December 16th, 2016] [Originally Added On: December 16th, 2016]
- William Hill Casino Club - Up To 150 Casino Bonus [Last Updated On: December 19th, 2016] [Originally Added On: December 19th, 2016]
- Gambling - The New York Times [Last Updated On: December 31st, 2016] [Originally Added On: December 31st, 2016]
- Trusted Online Gambling Sites Since 1996 - Online.Gambling.org [Last Updated On: January 7th, 2017] [Originally Added On: January 7th, 2017]
- Casino Gambling Web | Best Online Gambling News and Casinos ... [Last Updated On: January 11th, 2017] [Originally Added On: January 11th, 2017]
- Gambling Addiction and Problem Gambling - helpguide.org [Last Updated On: January 15th, 2017] [Originally Added On: January 15th, 2017]
- Industry: Crackdown on illegal gambling in the Philippines now ... - GamingTodaySlotsToday [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Military should screen for gambling disorder, GAO says - Virginian-Pilot [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Gambling with people's autonomy | Liberties | Risk | spiked - Spiked [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Bill introduced to lower age for legal gambling in Nevada - Las Vegas Review-Journal [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- FIFA YouTuber Pleads Guilty To Gambling Charges [UPDATE] - GameSpot [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Gambling Stock Roundup: Macau Sales Rise Again in January, Nevada Records a Drop in December - Yahoo Finance [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Super Bowl sets gambling record at Nevada sports books - Reuters [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Older gamblers face worse odds for addiction - Times Herald-Record [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- How to Handle Gambling Wins and Losses This Tax Season - TheStreet.com [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- GAO report recommends military members be screened for ... - wtkr.com [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- The Newest Challenge in Gambling: Finding Growth - Motley Fool [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Raising a question about gambling prohibition - Dothan Eagle [Last Updated On: February 8th, 2017] [Originally Added On: February 8th, 2017]
- A Creepy Dude Is Your Inner Gambling Addict in These Horrifying PSAs From Tom Tagholm - Fishbowl NY (blog) [Last Updated On: February 8th, 2017] [Originally Added On: February 8th, 2017]
- Super Bowl Betting Tally Helps Make the Case for Legalized Sports Gambling - TheStreet.com [Last Updated On: February 8th, 2017] [Originally Added On: February 8th, 2017]
- MLB commissioner admits the league is rethinking its stance on gambling - FOXSports.com [Last Updated On: February 8th, 2017] [Originally Added On: February 8th, 2017]
- Why I love fake gambling and in-game casinos according to a psychologist - PC Gamer [Last Updated On: February 8th, 2017] [Originally Added On: February 8th, 2017]
- YouTubers fined for running illegal FIFA 17 gambling site - Ars Technica [Last Updated On: February 8th, 2017] [Originally Added On: February 8th, 2017]
- Deducting Gambling Losses on Your Taxes - TheStreet.com [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Gambling pot grows for Madison County - Utica Observer Dispatch [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- How Vietnam Is Changing Its Gambling Rules To Win Foreign Investment - Forbes [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- No truth to alleged link between missing Spencerport teen, illegal gambling - 13WHAM-TV [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- The world's biggest gamblers - The Economist (blog) [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Idaho House Panel Introduces Bill Limiting Indian Gambling - Boise State Public Radio [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Pennsylvania Omnibus Gambling Bill Presented to House - Casino.Org News [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Gamblers caught in Hat Yai open-air casino bust | Bangkok Post: news - Bangkok Post [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Men Fined Over FIFA Gambling Operation - Card Player - CardPlayer.com [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Rob Manfred may change MLB's stance on gambling - SB Nation [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Do you have a mobile gambling/gaming problem? - KMTV [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- OUR VIEW: Transparency needed in gambling operations - Pacific Daily News [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- New York State transformation into the gambling big leagues nearly complete with opening of newest casino - The Daily Freeman [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- Kenya: Gambling in Kenya Gets Out of Hand - AllAfrica.com [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- Gambling Responsibly - New York Times [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- Duterte targets illegal gambling in the Philippines - Yahoo News [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- US Grabs Biggest Global Gambling Industry Win Share in 2016 - Casino News Daily [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- UFC 208 odds, gambling guide - MMA Fighting [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- Calendar urges gamblers to cut their losses l Dayton, Ohio - Dayton Daily News [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- Gambling Manga "Akagi" Begins Countdown to Conclusion - Crunchyroll News [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- Football's gambling problem: You better, you better, you bet - Football365.com [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- States are gambling with law enforcement safety - The Hill (blog) [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- AFL's gambling ads concern for Cats star - Wide World of Sports [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- Celeb Gambling Ring Members Fear They've Been CAUGHT On Wiretaps Making Illegal Bets, Source Claims - Radar Online [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- Highway Patrol: Raid of Warren bar uncovers illegal gambling - WKBN.com [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- Scary graph shows how Australians are the biggest losers - NEWS.com.au [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- Bato: War on illegal gambling won't be bloody - Philippine Star [Last Updated On: February 13th, 2017] [Originally Added On: February 13th, 2017]
- Last holdout Lakewood to vote on repealing video gambling ban - Northwest Herald [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- AFL's gambling ads a concern for Geelong Cats star Harry Taylor - The Age [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- Online Casinos Generate A Third Of UK Gambling Dollars - CardPlayer.com [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- Darlington deputies bust gambling house in Hartsville | News ... - SCNow [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- Kim Jong Un's gambling half-brother reportedly assassinated - CBS News [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- BitcoinCasino.us Ensures Instant Payouts and Responsible Gambling - newsBTC [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- Gambling operators are cashing in on teens' addiction to online games - The Canberra Times [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- Americans Lost $116.9B Gambling In 2016: Report - CardPlayer.com [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- Levine: Rick Hahn, White Sox Gambling On Right Trades At Right Time - CBS Local [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- Wesfarmers considers pokies exit in bid to tackle problem gambling - ABC Online [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- Massive felony gambling raid in Marietta | WAGA - FOX 5 Atlanta [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- 'War on gambling' starts with small fry - Inquirer.net [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Edgeless Casino Introduces Revolutionary Transparent 0% House Edge Online Gambling - newsBTC [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- FF12: When is gambling illegal in Kansas? - KWCH [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Osage woman accused of stealing, gambling mother's money - Waterloo Cedar Falls Courier [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- 'Operation Parlay' Leads To Gambling Raid, Arrest - Patch.com [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Pete Rose defends legal gambling: 'Who am I hurting?' - Yahoo Sports - Yahoo Sports [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Cops bust alleged gambling ring being run out of Cobb storefronts - Atlanta Journal Constitution [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Dunlap: State Rep. Gets It Right With Sports Gambling - CBS Local [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Gambling Addiction Treatment Center, Rehab - Non Gambler [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Problem Gambling Online Resources - Drugfreeinfo.org [Last Updated On: February 16th, 2017] [Originally Added On: February 16th, 2017]
- Attleboro seeks gambling grant for new dispatch center - The Sun Chronicle [Last Updated On: February 17th, 2017] [Originally Added On: February 17th, 2017]
- House gambling bill teed up for next week - SaintPetersBlog (blog) [Last Updated On: February 17th, 2017] [Originally Added On: February 17th, 2017]
- Firms oppose Bill regulating gambling - Daily Nation [Last Updated On: February 17th, 2017] [Originally Added On: February 17th, 2017]
- Tim Simona faces NRL deregistration after alleged breaches of gambling rules - The Sydney Morning Herald [Last Updated On: February 17th, 2017] [Originally Added On: February 17th, 2017]
- Washington State Gambling Commission [Last Updated On: February 17th, 2017] [Originally Added On: February 17th, 2017]
- Online Casino USA Friendly Online Casinos for 2017 [Last Updated On: February 17th, 2017] [Originally Added On: February 17th, 2017]
- Records: 70 gambling machines seized, two arrested in Alamo raid ... - KGBT-TV [Last Updated On: February 18th, 2017] [Originally Added On: February 18th, 2017]
- Florida House Goes Conservative on Gambling Expansion with New ... - Casino News Daily [Last Updated On: February 18th, 2017] [Originally Added On: February 18th, 2017]