Macau Mass Market Accounted for More Than Half of Q1 Casino Revenue
The mass market accounted for more than half of casino revenue in Macau’s first quarter, as VIP baccarat play plummeted over 60 percent January through March. The mass market and…
PGA Tour Announces Amended Schedule, Golf Resumes in Early June
The PGA Tour has unveiled its remaining 2020 schedule, which it expects to tee off in June at the Charles Schwab Challenge in Fort Worth, Texas. The PGA Tour hopes…
Genting Joins Crowded Field of Yokohama Competitors
Genting Singapore Ltd. is joining a group comprised of some of the gaming industry’s biggest names in pursuing a license to operate an integrated resort in Yokohama, according to a…
Virginia Gov. Wants ‘Gray Machines’ to Fund $150M COVID-19 Package
Virginia Gov. Ralph Northam wants the state to hold off on banning unregulated gaming machines, and instead use the devices to provide a temporary revenue source for COVID-19 relief. Virginia…
Docs Show WV Political Betting Allowed, Revoked, a Day After First Email
An open records request by a West Virginia newspaper shows that state lottery officials did indeed initially approve letting the sportsbooks offer political betting earlier this month before backtracking just…
Scientific Games Cuts $100 Million in Costs, Has $200 Million in Cash
Scientific Games (NASDAQ:SGMS) is following broader equity markets lower Wednesday, even after the slot machine manufacturer and gaming services provider told investors its liquidity position is strong. Slots maker Scientific…
Dr. Anthony Fauci Says Sports Should Resume Without Fans
Dr. Anthony Fauci, the nation’s top infectious disease expert who is leading the federal government’s fight against COVID-19, says sports shouldn’t be played in front of fans anytime soon. Dr….
Virgin Hotels Las Vegas Remains Focused on Fall 2020 Opening
Virgin Hotels Las Vegas, the former Hard Rock Hotel and Casino, remains on schedule to open this fall despite challenges stemming from the coronavirus. One of the new owners of…
Harris Bets Eldorado Caesars Takeover Will Happen, no Date Offered Up
Former Nevada Gaming Control Board Chairwoman Becky Harris believes regulators will sign off on Eldorado Resorts Inc.’s (NASDAQ:ERI) $17.3 billion acquisition of rival Caesars Entertainment Corp. (NASDAQ:CZR). But she didn’t…
Galaxy and Sands China Look Like Macau’s Strongest Names for Now
First-quarter earnings updates from gaming companies aren’t rolling in quite yet. But when those reports arrive, they’ll assuredly contain gory details about Macau. Yet Morgan Stanley sees the potential for…