The stock price of MGM Resorts has plunged from the economic fallout of the coronavirus pandemic. But one of the company’s largest shareholders is only further increasing his stake in…
Just two days into April, analysts are already saying that gross gaming revenue (GGR) in Macau this month is unlikely to show much improvement relative to the prior two months….
Gaming property owner Kang Qiang has placed gold urinals in his Sihanoukville, Cambodia gambling venue while all land-based casinos are shuttered in the country by the coronavirus pandemic, news reports…
Billionaire Sheldon Adelson says it’s no time for companies to be more concerned with their share prices than their employees. Thus, the Las Vegas Sands founder and chairman is leading…
Caesars UK division has accepted a fine of £13 million ($16 million USD) following a UK Gambling Commission investigation which found the operator had allowed known problem gamblers to lose…
The US Department of the Interior (DOI) is asking tribal leaders across the country to provide recommendations as to how $8 billion in coronavirus relief funding should be distributed to…
Casinos in Arkansas and Illinois have received word they will be closed for at least one more month because of the COVID-19 outbreak. The Saracen Annex in Hot Springs, Ark.,…
It’s not just the regulated sports betting industry that is feeling the pinch because of the global sports shutdown. Spare a thought in these troubling times for the Mafia, whose…
There are no sure things in investing, and that’s certainly true these days with gaming equities. But Las Vegas Sands (NYSE:LVS) appears to be one of the group’s safer names,…
Macau casinos won $659 million on their gaming floors in March, a nearly 80 percent decline compared to the same month in 2019. Macau casinos reported gaming win of $659…