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Las Vegas Premium Hotels Will Take Time to Rebound, Says Fitch

Author Archive

1 October

Las Vegas Premium Hotels Will Take Time to Rebound, Says Fitch

By Liev Jackson Blog • No Comments

Posted on: September 30, 2020, 09:24h. Last updated on: September 30, 2020, 10:59h. Glitzy Las Vegas Strip venues, such as the Cosmopolitan and the Wynn, are unlikely to be near-term…

1 October

Las Vegas Strip Casinos Win $317M in August, Down 39 Percent

By Liev Jackson Blog • No Comments

Posted on: September 30, 2020, 09:45h. Last updated on: September 30, 2020, 10:56h. The Las Vegas Strip reported $317.3 million in gross gaming revenue (GGR) last month, a 39 percent…

1 October

Penn National Price Target Lifted to Street High $90

By Liev Jackson Blog • No Comments

Posted on: September 30, 2020, 10:28h. Last updated on: September 30, 2020, 11:27h. Penn National Gaming (NASDAQ:PENN) is rallying anew today, helped by an impressive financial forecast and more sell-side…

1 October

Atlantic City Casinos Employing Nearly 22 Percent Fewer Workers

By Liev Jackson Blog • No Comments

Posted on: September 30, 2020, 11:16h. Last updated on: September 30, 2020, 12:50h. Atlantic City casinos continue to lay off workers amid the COVID-19 pandemic as the summer resort season…

1 October

Joe Biden 2020 Odds Shorten Following Contentious Debate

By Liev Jackson Blog • No Comments

Posted on: September 30, 2020, 12:24h. Last updated on: September 30, 2020, 01:13h. The odds of former Vice President Joe Biden becoming the 46th president of the United States are…

1 October

Las Vegas Court Approves $800M Settlement for 2017 Shooting Victims

By Liev Jackson Blog • No Comments

Posted on: September 30, 2020,02:20h. Last updated on: September 30, 2020, 03:20h. A Las Vegas court has signed off on MGM Resorts and its insurers settling with October 2017 shooting…

1 October

5Dimes Settles with Feds, Forfeits $46 Million as Offshore Sportsbook Seeks Path to US Legitimacy

By Liev Jackson Blog • No Comments

Posted on: September 30, 2020, 11:58h. Last updated on: October 1, 2020, 12:04h. Steve Bittenbender The US Department of Justice announced Wednesday it reached an agreement with 5Dimes, with the…

30 September

UK Gambling Commission, Facebook Partner to Reduce Gambling Ads

By Liev Jackson Blog • No Comments

Posted on: September 29, 2020, 09:03h. Last updated on: September 29, 2020, 02:06h. The UK Gambling Commission (UKGC) has partnered with Facebook to reduce gambling-related content that is shown to…

30 September

Tennessee Titans COVID-19 Cases Weigh on Sports Betting Equities

By Liev Jackson Blog • No Comments

Posted on: September 29, 2020, 10:20h. Last updated on: September 29, 2020, 10:37h. Penn National Gaming (NASDAQ:PENN) and other equities with sports betting exposure retreated Tuesday. That’s after the NFL…

30 September

Wife-Killer Gets 10 Years for Stealing $4 Million to Fuel Gambling Habit

By Liev Jackson Blog • No Comments

Posted on: September 30, 2020, 10:46h. Last updated on: September 30, 2020, 10:53h. Philip Conneller An Australian man currently serving a minimum of 23 years in a Perth prison for…

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