South Point Furloughs Employees, Owner Says Workers Better Off
South Point Hotel, Casino & Spa in Las Vegas is furloughing its 2,200 workers effective May 3, owner Michael Gaughan saying the decision is in their best interests. The casino…
Macau Gaming Dependence Exposed as Economy Falters
As gaming cash dries up and visitation to the Special Administrative Region (SAR) remains scant, Macau is vulnerable to significant economic turbulence due to its dependence on casino revenue, says…
South Carolina Lottery Extends Scientific Games Contract
The South Carolina Lottery has extended its contract with Scientific Games by another six years, adding on to the 18-year partnership that was forged when the lottery debuted back in…
Las Vegas Casino Stocks Battered Monday, Reopenings Seem Distant
Casino stocks fell along with US and global markets on Monday, as oil prices dropped below zero for the first time ever. Wall Street went south Monday, and casino stocks…
BetAmerica Comes Back Online Three Weeks After SBTech Cyberattacked
BetAmerica announced on Friday night that its US online sports betting and casino operations have come back, three weeks after a cyberattack in its third-party platform provider caused a shutdown….
Trump ‘OK’ with Nevada Closure Order But Sees Both Sides of the Issue
During his COVID-19 briefing Sunday evening, President Trump played the middle when asked whether Las Vegas Mayor Carolyn Goodman was right about criticizing Nevada Gov. Steve Sisolak over his response…
US Horse Racing TV Audience More Than Triples in 2020
US horse racing, after decades of declining public interest, is back in the limelight. According to Reuters, the sport has received a huge boost from being the only game in…
Penn National CEO Snowden Says Online Business Is Thriving
As is the case with all of its rivals, Penn National Gaming (NASDAQ:PENN) is dealing with casino closures across the country because of the coronavirus. But the company’s Penn Interactive…
Golden Nugget Billionaire Tilman Fertitta Named to Texas Strike Force
Tilman Fertitta, the billionaire owner of Golden Nugget casinos, Landry’s hospitality empire, and the NBA’s Houston Rockets, has been named to Texas Governor Greg Abbott’s (R) reopening task force. Texas…
Wynn Resorts Still Loved by Short Sellers Even as Stock Soars
Wynn Resorts (NASDAQ:WYNN) is among the travel and leisure stocks that remain favored targets of short sellers looking to identify names vulnerable to coronavirus volatility. But the gaming equity could…