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Penn National Stock Is on a Torrid Pace Despite Credit Downgrade

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25 March

Penn National Stock Is on a Torrid Pace Despite Credit Downgrade

By Liev Jackson Blog • No Comments

Penn National Gaming (NASDAQ:PENN) is extending a jaw-dropping run that has seen the embattled gaming stock more than triple off its 52-week low notched last week, even as Moody’s Investors…

25 March

Macau Imposes Stricter Border Entries on China, Hong Kong, and Taiwan

By Liev Jackson Blog • No Comments

Macau is once again tightening its borders because of the COVID-19 pandemic, this time limiting access on certain individuals who are arriving from mainland China, Hong Kong, and Taiwan. Macau…

25 March

Wynn Execs, Including Maddox, go to Stock Compensation for 2020

By Liev Jackson Blog • No Comments

Wynn Resorts (NASDAQ:WYNN) board members and high-ranking executives, including CEO Matt Maddox, are betting on themselves and a rebound in the broader gaming industry, agreeing to forego some or all…

25 March

Lotto-Quebec Halts Land-Based Lottery Sales Amid Pandemic,

By Liev Jackson Blog • No Comments

While many US state lotteries are closing their offices to the public, their operations are going on as normal during the coronavirus crisis. The physical sale of tickets and scratch-offs…

25 March

US Casino Operators Could Face Bankruptcy, Available Cash Tight

By Liev Jackson Blog • No Comments

Gaming operators could eventually seek bankruptcy protection if they continue to burn through their limited money after shuttering operations due to the coronavirus pandemic, according to sector experts. A recent…

25 March

City Official Wants Gulfstream Park to Close in Wake of COVID-19 Order

By Liev Jackson Blog • No Comments

Horse racing is scheduled to resume Wednesday at Gulfstream Park in Florida, although at least one local official has questioned whether the Hallandale Beach track should run its card as…

25 March

Three Galaxy Macau Construction Workers Dead, Resort Build Suspended

By Liev Jackson Blog • No Comments

Construction at Galaxy Macau has been suspended after scaffolding collapsed, trapped seven workers, and left three dead. An accident at Galaxy Macau resulted in three dead construction workers. (Image: Bloomberg)…

24 March

Pechanga Could Face Longer Closure, Considering Staff Reductions

By Liev Jackson Blog • No Comments

The Pechanga Band of Luiseño Indians, the operator of the Pechanga Casino in Temecula, Calif., said it’s preparing for a temporary closure announced last week to last longer than previously…

24 March

Marina Bay Sands Deals With Another Hurdle as Singapore Limits Travel

By Liev Jackson Blog • No Comments

Marina Bay Sands (MBS) and Singapore’s other marquee tourist attractions could be in for some near-term pain, as the city-state implements border closures at 11:59 p.m. local time Monday to…

24 March

California Sports Betting Plans may Have to Wait due to the Coronavirus

By Liev Jackson Blog • No Comments

California was one of the first large states to employ a shelter-in-place order to combat the spread of the coronavirus, with Gov. Gavin Newsom issuing that directive last Thursday. But…

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