888 Stock Rises Over Expectation It Can Absorb Coronavirus Shock
The coronavirus may be clobbering gambling stock the world over, but 888 Holdings was up more than 31 percent Tuesday after the company revised its guidance for 2020. 888 Holdings…
San Manuel Casino Extends Coronavirus Closure Through April 11
The San Manuel Band of Mission Indians, the operator of the Southern California gaming property bearing the tribe’s name, said it’s extending the closure period of that venue through April…
Nearly All US Commercial Casinos and Tribal Gaming Venues Closed Amid Pandemic
There are 465 commercial casinos in the United States. By tonight, all are expected to be closed by the COVID-19 pandemic. Commercial casinos, as well as tribal ones, are closed…
Penn National Stock Is on a Torrid Pace Despite Credit Downgrade
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…
Macau Imposes Stricter Border Entries on China, Hong Kong, and Taiwan
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…
Wynn Execs, Including Maddox, go to Stock Compensation for 2020
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…
Lotto-Quebec Halts Land-Based Lottery Sales Amid Pandemic,
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…
US Casino Operators Could Face Bankruptcy, Available Cash Tight
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…
City Official Wants Gulfstream Park to Close in Wake of COVID-19 Order
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…
Three Galaxy Macau Construction Workers Dead, Resort Build Suspended
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)…