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Category: Casino closures

Not all casinos will stay open as long as Casino de Spa in Belgium which opened in 1763 or the 400-year-old Casinò di Venezia on the Grand Canal. Sometimes the slots and tables will move from a riverboat to land as they did in Indiana, sometimes the casinos simply fail due to market forces or mismanagement as many have in Atlantic City. And while rarer, some will simply not open with a viable concept and close within a year as happened in Las Vegas in January 2018.

While not all closures result in the property being imploded, we cover those spectacular events here as well. In some instances a story in this section will lead you to more information in Mergers, Acquisitions and Partnerships; Fines, Lawsuits & Litigation; or Casino Sales. Whatever the future holds for the places haunted by Lady Luck, you will find their stories here.

“Government plans closure of Macau Yat Yuen Canidrome Club”

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In Macao, the government has reportedly announced plans to turn the Macau Yat Yuen Canidrome Club into a cultural, recreational, sports and educational facility once the long-running greyhound racing venue is closed next year.

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Monte Carlo conversion to Park MGM complete on the Las Vegas Strip

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The Monte Carlo Resort & Casino on South Las Vegas Boulevard was named after more than two decades to call the Place du Casino in Monte Carlo. With the lighting of the new marquee and most signs in the hotel tower, the name change took place on Wednesday, May 9th.

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Casino closures

The closure of the Di Campione casino is causing concern for the local population

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In northern Italy, last summer’s decision to temporarily close one of Europe’s oldest casinos has reportedly devastated the host community, burdening over 200 creditors for a total of some € 73 million (US $ 83.47 million). Lethargic examination: According to a Sunday report by The Daily Telegraph newspaper, Casino Di Campione has been empty since […]

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Casino closures

Phoenix International Club ceases to operate the casino

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Starting this morning, the Phoenix International Club will cease all casino activity. The property is located in the Hanoi area of ​​Vietnam and is operated by the Silver Heritage Group, a listed on the Australian Stock Exchange gambling companies.

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Silver Heritage Group Limited agrees compensation agreement with Vietnam

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Asian casino operator Silver Heritage Group Limited has announced that it will receive compensation of $ 5.25 million after agreeing a deal in connection with the recent closure of its gaming operations at Phoenix International Club in northern Vietnam. Casino closure: The Sydney-listed firm used an official Tuesday file (pdf) to state that it was […]

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Empire Resorts stops racing at the Monticello Raceway; “Business Consolidation” with Resorts World Catskills

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After announcing in January in a Securities and Exchange Commission (SEC) that the operation of video game machines and the supply of food and drinks should be discontinued at Monticello Raceway in New York, closed the electronic gaming racino on Tuesday, April 23, from 2019. The website posted the following message … “Monticello Casino & […]

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