News

AGA CEO Statement on the Small Business Administration's Interim Guidelines for the Paycheck Protection Program

Submitted by admin on Fri, 03/04/2020 - 15:46

American Gaming Association President and CEO Bill Miller released the following statement on the interim regulatory guidelines issued by the Small Business Administration for the Paycheck Protection Program

The AGEM Index decreased by 156.39 points in March 2020 to 312.52 points, a 33.4 percent decline from February 2020.

Submitted by admin on Thu, 02/04/2020 - 22:50

. Twelve of the 13 AGEM Index companies reported significant stock price declines as global markets reacted to gaming industry shutdowns, historic unemployment claims, and a widening economic freeze due to the COVID-19 pandemic.

Caesars Entertainment fined amid crackdown on gambling addiction

Submitted by admin on Thu, 02/04/2020 - 13:35

The Guardian: A casino company has been fined a record £13m by the Gambling Commission for failures relating t VIP schemes that the regulator is considering banning.

ECA welcomes new Secretary General

Submitted by admin on Thu, 02/04/2020 - 13:21

Brussels, 2 April 2020 – ECA appoints industry veteran Hermann Pamminger as the new Secretary General of the European Casino Association

Macau's gaming revenues crashes 80% in March

Submitted by admin on Wed, 01/04/2020 - 10:37

Gambling revenue in Macau plunged 79.7 percent in March on the year, the government said on Wednesday, as casinos reeled from a lack of visitors after the world’s biggest casino hub ratcheted up curbs to battle a coronavirus pandemic.

Self-Exclude from Gambling to Avoid Temptation During Lockdown – Warning to Vulnerable Consumers

Submitted by admin on Tue, 31/03/2020 - 17:05

FIONA PALMER, chief executive of GAMSTOP, is urging anyone worried about their gambling while they are stuck at home during the coronavirus lockdown to exclude themselves from all online gambling websites.

Macau Gross Gaming Revenue (GGR) will continue to fall 2020 rebound 2021: Report from Morgan Stanley

Submitted by admin on Tue, 31/03/2020 - 12:39

Macau’s faltering gross gaming revenue (GGR) will maintain that downward trajectory at least until October. But a significant 2021 rebound could be in store for the world’s largest gaming center, according to Morgan Stanley analysts.

Former Global Chief Accounting Officer for Aruze Gaming America, Inc Joins Gaming Arts

Submitted by admin on Tue, 31/03/2020 - 02:01

LAS VEGAS, Nev. (March 30, 2020) – Gaming Arts, LLC ("Gaming Arts" or "the Company"), an end-to-end gaming equipment and technology supplier today announced the appointment of Matthew Heyerdahl as the Company’s new Chief Accounting Officer and Director of Finance.