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Gala Coral and Genting Stanley have closed some land casinos
The decline of the economy in Britain has generated more sad reports of gambling businesses shrinking this week, with The Observer newspaper revealing that over the last 12 months, nine land gambling establishments have closed their doors, axing hundreds of employees.
The Observer cites Gala Coral, owned by private equity firms Permira, Candover and Cinven, and Genting Stanley as the big losers. The former has shut four casinos, including an upmarket operation in London's Picadilly Circus, whilst Genting has closed operations in Liverpool and Manchester and is currently in a pay dispute with the GMB union.
Genting Stanley executive deputy chairman Peter Brooks told The Observer: "These closures, and I fear there will be more to follow, are stark evidence of the pressures faced by the industry in the UK to which the government has made a significant contribution, not least with last year's large tax hike."
But while UK casinos and bingo halls are struggling, there is evidence that bookmakers are increasing their revenue, the newspaper reports, pointing to William Hill's recent Q3 surge of 9 percent.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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