WV Gov. Justice Concerned About Bingo Halls Spreading COVID-19
West Virginia Gov. Jim Justice spoke of the dire conditions in his state over the weekend as the COVID-19 outbreak started spreading in the Mountain State. In an address to…
Connecticut’s Foxwoods Dealers Did Not Get Chance to Negotiate
Dealers at Connecticut’s Foxwoods Resort Casino were furloughed along with thousands of other venue workers as the property shut down for at least two weeks because of the coronavirus outbreak….
Virginia Casino Legalization Remains Attractive Despite Pandemic
As many as five Virginia casinos would be one major step closer to realization should Gov. Ralph Northam (D) sign legislation approved by the General Assembly that earmarks a land-based…
Jim Murren Leaves MGM Early to Lead Nevada COVID-19 Task Force
Jim Murren’s tenure at MGM Resorts International ended even more prematurely than planned, as the gaming company’s chairman and CEO – who less than six weeks ago announced his plans…
MGM Announces New Leadership as Murren Leaves for COVID-19 Panel
MGM Resorts International announced on Sunday afternoon that Bill Hornbuckle will become the gaming company’s acting CEO and Board Member Paul Salem will become its chairman. Bill Hornbuckle will take…
No NAB Show This Year in Las Vegas, Other Shows May Get Rescheduled
Las Vegas will lose an estimated $153 million with the recent decision by the National Association of Broadcasters (NAB) to cancel its trade show for 2020 because of the coronavirus…
Gaming Industry Partnering with Other Tourism Companies to Seek Relief
Businesses across the country are calling on Congress to provide relief as America deals with the effects of the coronavirus pandemic and the shutdowns local and state governments have put…
Las Vegas Sands, MGM and More Could Face Lower Ratings, Says S&P
Las Vegas Sands (NYSE:LVS), MGM Resorts International (NYSE:LVS) and Wynn Resorts (NASDAQ:WYNN) are among the operators vulnerable to credit downgrades as the coronavirus imperils the domestic gaming industry, according to…
Gaming REITs Flounder as Rent Questions Rise, but It’s Not All Bad News
Gaming and Leisure Properties, Inc. (NASDAQ:GLPI), MGM Growth Properties (NYSE:MGP) and Vici Properties (NYSE:VICI) – the three gaming real estate investment trusts (REITs) – are facing the specter of operator…
UK Betting Shops Shutter as Market Leaders Expect Nine-FIgure Wipeout
Britain’s betting shops closed indefinitely on Friday night as part of a mass shutdown of businesses where people gather socially. Betting companies issued profit warnings earlier this week that suggested…