The Venetian says social media rumor about its closure following July 4 weekend is false

The luxury gambling and entertainment venue “The Venetian Las Vegas” has refuted social media reports suggesting that the venue has plans to close its door again following the Fourth of July (July 4) weekend because of COVID-19 concerns.

Steve Wynn’s dismissed defamation suit against AP could be revived in Nevada Court

Billionaire Steve Wynn’s defamation lawsuit against the Associated Press (AP) and a wire service reporter had been dismissed by Clark County District Court around a couple of years back, but the suit could be revived in the Supreme Court of Nevada.

Second quarter will be “worst quarter ever” for Macau: Morgan Stanley

Macau has been the highest gaming revenue generating region in the world in the recent years and COVID-19 lockdowns have left casinos in Macau with massive revenue loss. When Macau casino operators will release their second quarter (Q2) results, the figures will most likely be in the red, and analysts with the multinational financial firm Morgan Stanley foresee an EBITDA (earnings before interest, taxes, depreciation & amortization) loss of more than $1 billion for the quarter.

Kambi to operate Sportsbook and mobile app for Four Winds’ Michigan casinos

Michigan, US-based casino operator Four Winds has announced the selection of Malta-based sports betting services provider Kambi Group PLC to operate sportsbook as well as mobile application for its gaming facilities in the Great Lakes State. 

Headquartered in Malta and listed on First North at Nasdaq Stockholm, Kambi Group PLC is a B2B provider of sports betting services to gaming operators in regulated markets.  

Wynn Macau not involved in Genting Hong Kong hotel project

Wynn Macau Limited, one of Macau’s leading operators of luxury integrated resort casinos, has proclaimed that it has no involvement in a new hotel project that is being developed by an auxiliary unit of Genting Hong Kong Limited.

The massive hotel project in question is being developed by China’s state-owned real estate contractor China Civil Engineering Construction Corp (CCECC) on a waterfront site at Macau peninsula's Nam Van area.