Peter Amsel

Peter Amsel has been a fan of gambling ever since his parents abdicated their child-rearing responsibilities by routinely plunking him in front of a television playing The Joker’s Wild. A native of Toronto, Peter grew up a major fan of the Maple Leafs, which is probably why he was able to endure so many years of complete and utter failure at launching a writing career before ultimately finding his niche with CalvinAyre.com. Peter is highly sarcastic, deeply cynical and entirely too enamored with the sound of his own voice.

LATEST ARTICLES BY Peter Amsel

kindred-group-high-risk-gambling-revenue-share

Kindred Group reveals share of revenue from ‘high-risk’ gamblers

By Peter Amsel

8 February 2021

Kindred Group reveals share of revenue derived from high-risk gamblers as company vows to reduce figure to zero by 2023.

nevada-casino-gaming-revenue-2020

Nevada casinos suffer worst gaming revenue year since 1997

By Peter Amsel

28 January 2021

Nevada casinos finish 2020 with their worst gaming revenue performance since 1997, as Vegas Strip revenue tumbles 51% in December.

bally's-corporation-monkey-knife-fight-daily-fantasy-sports

Bally’s, Caesars deals add DFS to betting palette

By Peter Amsel

25 January 2021

Casino operator Bally's buys daily fantasy sports operator Monkey Knife Fight, while rival Caesars takes stake in SuperDraft.

uk-gambling-commission-illegal-complaints-pandemic

UK illegal gambling complaints haven’t risen during pandemic

By Peter Amsel

20 May 2020

UK Gambling Commission says there's been no surge in illegal gambling complaints during pandemic; nearly half of problem gamblers aren't seeking help.

India’s largest casino operator Delta Corp saw its revenue and profit slide in the final quarter of its fiscal year but the company is confident it can ride out the pandemic shutdown. https://calvinayre.com/tag/delta-corp/ On Monday, Delta Corp issued its report covering the three months ending March 31, the fourth quarter of its fiscal year. Revenue fell 10% year-on-year to Rs1.91b (US$25.3m), while pre-tax profits fell by more than one-half to Rs433m and after-tax profits fell 49% to Rs290.4m. Delta’s mainstay land-based casino operations in the states of Goa and Sikkim were forced to close in mid-March, which helped push the quarter’s gaming revenue down nearly one-fifth to Rs1.6b, while non-gaming hospitality revenue fell 24% to Rs179m. The company’s online ‘skill gaming’ operations fared better, rising nearly 22% to Rs453m. https://calvinayre.com/2020/03/18/casino/delta-corp-shares-tumble-goa-sikkim-casino-closures/ The figures weren’t much better on the full-year front, as revenue slipped 2.7% to Rs8.07b, pre-tax profit slid 18.6% to Rs2.56b and after-tax profit dipped 5.6% to Rs1.85b. The company’s shares lost 4.5% by the close of Monday’s trading. Delta has yet to learn when its Goa and Sikkim operations might resume, as Goa authorities announced Monday that it had seen a surge in imported COVID-19 cases since it relaxed some restrictions on inter-state movement. The state’s Chief Minister said Monday that it wouldn’t consider welcoming out-of-state tourists until at least May 31, and Goa’s residents aren’t allowed in the state’s casinos. All Goa casino operators, at least, the floating kind, did catch a break of sorts last month when the state issued yet another six-month extension of shipboard casinos’ right to operate on the Mandovi river. https://calvinayre.com/2020/04/23/casino/goa-casinos-six-month-stay-execution/ However long it takes to resume its Goa and Sikkim operations, Delta management said it was confident that it will be able to survive the enforced downtime, stressing its debt-free status and sufficient liquidity on hand to “honor its liabilities and obligations, as and when due.”

Delta Corp’s online gambling growth can’t offset casino closures

By Peter Amsel

19 May 2020

India's largest casino operator Delta Corp sees revenue and earnings decline in first three months of 2020 as online growth can't offset casino closures.

suncity-group-hoiana-vietnam-casino-license

Suncity’s Vietnam casino project gets license valid through 2080

By Peter Amsel

15 May 2020

Suncity Group Holdings' Vietnam integrated resort joint venture Hoiana receives 'casino operating license' valid through 2080.

bloomberry-solaire-casino-revenue

Bloomberry profit tumbles 38% on Solaire casino closure

By Peter Amsel

15 May 2020

Philippine casino operator Bloomberry Resorts reports profit falling 38% in Q1 as its flagship Solaire casino in Manila remains under pandemic lockdown.

mississippi-casinos-coronavirus-reopen-may

Mississippi casinos to reopen May 21, other states cool their heels

By Peter Amsel

15 May 2020

Mississippi Gaming Commission says state's commercial casinos can reopen at 8am on May 21, but Kansas, Massachusetts, Missouri and Ohio have to wait.

twin-river-casino-revenue

Twin River banks post-pandemic casino comeback on ‘pure gamers’

By Peter Amsel

14 May 2020

vietnam-casinos-reopening-covid-19

Vietnam’s casinos returning to life after COVID-19 closures

By Peter Amsel

14 May 2020

Vietnam's casinos come back to life following government allowing non-essential businesses to reopen following COVID-19 shutdown.

uk-on-course-bookmakers-underage-betting-warning

UK on-course bookmakers catch break after underage betting sting

By Peter Amsel

14 May 2020

Seven UK on-course bookmakers who failed UK Gambling Commission underage betting tests are let off with warnings due to industry's current condition.

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