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Sands, Melco Had Plenty of Coronavirus Mentions on Earnings Calls

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13 March

Sands, Melco Had Plenty of Coronavirus Mentions on Earnings Calls

By Liev Jackson Blog • No Comments

Las Vegas Sands (NYSE:LVS) and Melco Resorts & Entertainment (NASDAQ:MLCO) are among the companies that most frequently mentioned the novel coronavirus on recent earnings conference calls, a sentiment that isn’t…

13 March

Oregon Tribe Calls ‘Discrimination’ over Wildhorse Coronavirus Case

By Liev Jackson Blog • No Comments

The Confederated Tribes of the Umatilla Indian Reservation (CTUIR) claims it has been discriminated against since its casino was temporarily shuttered last week in the wake of a coronavirus scare….

13 March

MGM Is Temporarily Halting Buffets on the Strip due to Coronavirus

By Liev Jackson Blog • No Comments

MGM Resorts International is temporarily halting buffet service at several of the company’s Las Vegas Strip venues in a precautionary move to prevent spreading of the novel coronavirus. Buffets at…

13 March

New York’s Yonkers Raceway Closes after COVID-19 Infected Worker Dies

By Liev Jackson Blog • No Comments

New York’s Yonkers Raceway was shuttered Tuesday after a long-time trainer and office worker afflicted with coronavirus died. The MGM Resorts International-owned track is located about six miles from New…

13 March

Roundhill Investments Eyes Launch of First Sports Betting ETF With Nifty Ticker ‘BETZ’

By Liev Jackson Blog • No Comments

Roundhill Investments is looking to be the first exchange-traded funds (ETFs) issuer to capitalize on the fast-growing sports betting segment by bringing a fund dedicated to that theme to market….

13 March

Las Vegas Convention and Visitors Authority Discusses Coronavirus

By Liev Jackson Blog • No Comments

The Las Vegas Convention and Visitors Authority (LVCVA) says the COVID-19 novel coronavirus pandemic is causing much uncertainty surrounding the city’s economy. While some Las Vegas conventions remain on schedule,…

13 March

Encore Boston Harbor Is Taking Steps to Prevent Coronavirus Spreading

By Liev Jackson Blog • No Comments

Encore Boston Harbor is planning to take the temperatures of all guests and employees entering the premises as part of increased efforts to stem the spread of the coronavirus. Encore…

13 March

Detroit Casinos Report 6.3 Percent Revenue Increase

By Liev Jackson Blog • No Comments

Detroit casinos collectively won $121.7 million last month, a 6.3 percent year-over-year increase. MGM Grand helped Detroit casinos increase their gross gaming revenue in January and February. (Image: Paul Sancya/AP)…

13 March

LVS, Other Gaming Stocks Getting Smoked, but Analyst Sees Value

By Liev Jackson Blog • No Comments

Earlier today, the World Health Organization (WHO) declared the COVID-19 outbreak a global pandemic, unleashing a fresh wave of selling pressure on travel and leisure equities, including gaming stocks. But…

13 March

US Economic Recession Odds Shorten Because ofCoronavirus Pandemic

By Liev Jackson Blog • No Comments

The odds of an economic recession in the United States have shortened greatly in recent weeks because of the ongoing spread of the deadly COVID-19 virus. Bettors believe a US…

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