June 2020: The AGEM Index increased by 4.53 points in June 2020 to 407.41 points, a 1.1 percent gain from May 2020. Six of the 13 AGEM Index companies reported stock price increases amid ongoing uncertainty about the global economy and the effects of the COVID-19 pandemic. The stock price for Aristocrat Leisure Limited (ALL)
Casino News
In western Canada and the British Columbia Lottery Corporation (BCLC) has reportedly finally released documents showing why it was fined just over $516,800 by the nation’s anti-money laundering watchdog some ten years ago. According to a Wednesday report from the Canadian Broadcasting Corporation (CBC), the punishment from the Financial Transactions and Reports Analysis Centre of
Hot on the heels of its latest partnership deal and igaming aggregator and content supplier Relax Gaming now battles alongside players in its brand new release Marching Legions. The 5-reel, 3-row, ancient Roman-themed slot is loaded with features that enhance gameplay, including Nudges, Marching Respins, and Extra Spins, as well as max win potential of
Dutch online casino games developer Stakelogic has announced that it has just followed up the April launch of its Gods of Death video slot by premiering its new five-reel Dragons and Magic innovation. The Eindhoven-headquartered firm used an official June 26 press release to declare that its latest 243-ways-to-win video slot offers aficionados the chance
American casino operator Twin River Worldwide Holdings Incorporated has announced that its estate now encompasses nine venues following the official acquisition of a brace of riverboat properties from compatriot Eldorado Resorts Incorporated. The New York-listed firm used an official Thursday press release to detail that it has completed the deals to purchase the Lady Luck
Giant British bookmaker William Hill has reportedly announced that it will be merging its online and retail divisions and putting the current boss of the former, Phil Walker, in charge of the newly-combined operation. According to a Tuesday report from the Racing Post newspaper, the London-headquartered operator detailed that the move will allow it to
The 39 casinos in Macau reportedly saw their aggregated gross gaming revenues for June drop by almost 97% year-on-year to just over $89.69 million due in large part to the impact of ongoing coronavirus-related travel restrictions. According to a report from Inside Asian Gaming citing official information from the enclave’s Gaming Inspection and Coordination Bureau
The sector – which employs more than 14,000 people and pays £300m a year in tax – has been closed since March as part of the National Effort to contain the spread of Covid-19. But operators were left disappointed when the Government announced it would not be one of the groups given the green light
In New Jersey and American casino operator MGM Resorts International has reportedly postponed the re-opening of its Borgata Hotel Casino and Spa after the eastern state opted to institute interim indoor smoking, dining and drinking bans. According to a Monday report from the Associated Press news service published by USA Today, the 2,767-room property joined
Cirque du Soleil announced Monday it is filing for bankruptcy protection as the coronavirus pandemic continues to rattle the world. The entertainment group is working to “restructure its capital structure,” according to a statement. Its application will be heard by the Superior Court of Quebec on Tuesday. Once given this initial order, it will file for
American casino operator Caesars Entertainment Corporation has announced that the $17.3 billion deal that is to see it merge with counterpart Eldorado Resorts Incorporated has been approved by the Federal Trade Commission. The Las Vegas-headquartered firm used an official Friday press release to declare that the federal agency ‘has accepted a proposed consent order’ concerning
Top-rated gaming supplier Booongo has announced a new online slot game Aztec Sun: Hold and Win, featuring hidden gold inside ancient temples. The new game has just released, and players can easily check it out. On top of that, Booongo is hosting a new tournament titled Aztec Sun: Release, allowing players to compete for €30,000
Hard on the heels of signing a string of content integration deals, the Greentube subsidiary of Austrian gambling giant Novomatic AG has now returned to announce the launch of its new Diamond Link: Mighty Sevens video slot. The Vienna-headquartered developer used an official Tuesday press release to detail that the five-reel and 25-payline advance is
The ten riverboat casinos in the American state of Illinois are reportedly set to re-open from Wednesday morning after being temporarily shuttered some 15 weeks ago owing to the coronavirus pandemic. According to a Thursday report from the Chicago Sun-Times newspaper, the decision from Illinois Governor Jay Robert Pritzker (pictured) comes some two weeks after
Casino Club Online (www.casinoclubonline.com.ar), the digital entertainment platform of Casino Club, one of the largest casino operators in Latin America, launches for the first time in Argentina the successful Video Slots and Video Bingo game library of Zitro. Operating in the provinces of Santa Cruz and La Pampa in Argentina, Casino Club online has become
In Kenya and federal legislators have reportedly passed a measure that would eliminate the controversial 20% turnover tax local online sportsbetting operators have been required to pay since 2018. According to a report from CalvinAyre.com, the contentious duty applies to the total sum including stake bookmakers pay winners following the conclusion of a wager with
YGAM, the national education charity which works to raise awareness of gambling and gaming related harms, has been recognised by Shadow Minister Rachael Maskell, MP, for its ability to navigate the severe challenges of the Covid-19 crisis and continue to deliver an outstanding education programme through the application of digital media. The Member of Parliament
In Massachusetts and regulators have reportedly released a number of re-opening requirements for the eastern state’s trio of casinos that are to see the venues prohibited from offering popular table games such as poker, craps and roulette. According to a Tuesday report from The Republican newspaper, the Massachusetts Gaming Commission ordered the Encore Boston Harbor,
In Australia and local casino firm Crown Resorts Limited has reportedly announced that its Crown Perth facility is to begin emerging from its coronavirus-related lockdown on Saturday although its sister Crown Melbourne venue is remaining shuttered. According to a report from Inside Asian Gaming, the Sydney-listed operator was forced to temporarily close the two properties
Asian casino operator NagaCorp Limited has reportedly announced that it is considering whether to launch a new share offering in order to top up its liquidity and give it the resources to better weather a slowdown in business caused by the coronavirus pandemic. According to a report from Inside Asian Gaming, the Hong Kong-listed firm