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Brazil Lawmaker Believes Casinos Cure for Coronavirus, Heal Economy

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7 May

Brazil Lawmaker Believes Casinos Cure for Coronavirus, Heal Economy

By Liev Jackson Blog • No Comments

A lawmaker in Brazil says legalizing commercial casinos would help South America’s largest country rebound from the economic devastation of COVID-19. The coronavirus situation in Brazil is dire, as the…

7 May

Remark Holdings Emerges From Obscurity on Wynn Deal Rumors

By Liev Jackson Blog • No Comments

Remark Holdings, Inc. (NASDAQ:MARK), a small Las Vegas company perhaps best known for owning the Bikini.com and Vegas.com web sites, is soaring Wednesday. That’s amid social media-fueled rumors that the…

7 May

Closed Maryland Casinos Costs State $60M, Education Loses $45M

By Liev Jackson Blog • No Comments

Maryland casinos won $145.23 million in April of 2019, but $0 last month, as all six gaming properties were closed by COVID-19. MGM National Harbor and the five other Maryland…

7 May

Oklahoma AG Says Gov. Stitt Had No Right to Promise Sports Betting

By Liev Jackson Blog • No Comments

Oklahoma Gov. Kevin Stitt lacks the authority to enter into tribal gaming compacts that include sports betting, his attorney general contends, because this type of wagering has not been approved…

7 May

Wynn Posted a Q1 Loss, Suspends Dividend Due to Coronavirus

By Liev Jackson Blog • No Comments

Hamstrung by closures stemming from the global coronavirus pandemic, Wynn Resorts (NASDAQ:WYNN) reported a first-quarter loss of $3.77 a share, as revenue plunged 42.3 percent to $953.7 million. Wynn posted…

7 May

Henderson Councilwoman Declares Coronavirus ‘Mission Accomplished’

By Liev Jackson Blog • No Comments

Henderson Councilwoman Michelle Romero (Ward 1) believes the city has successfully contained COVID-19, and it’s time to get the local economy back up and running. A Henderson council member feels…

6 May

MGM Resorts Appoints First African-American Woman to Lead Borgata

By Liev Jackson Blog • No Comments

MGM Resorts has named Melonie Johnson the next president of Borgata. She is the first Africa-American woman to lead an Atlantic City casino. MGM Resorts executive Melonie Johnson is moving…

6 May

DraftKings Lands More Bullish Analyst Coverage, Highest Price Target Yet

By Liev Jackson Blog • No Comments

DraftKings (NASDAQ:DKNG) is in its eighth day of life as a public company, and it’s already netted a trio of bullish analyst commentaries. DraftKings continues wracking up bullish analyst commentary,…

6 May

GAN Increased Its IPO Size, Stock Soars in US Debut

By Liev Jackson Blog • No Comments

GAN Ltd. (NASDAQ:GAN), the provider of internet gaming software, soared in its debut as a US-listed company. That’s after significantly increasing the size of its initial public offering (IPO) and…

6 May

Oklahoma Governor Kevin Stitt Believes Gaming Compacts Should Vary

By Liev Jackson Blog • No Comments

Oklahoma Governor Kevin Stitt (R) doesn’t believe gaming compacts should be universal for the state’s 35 federally recognized tribes that operate casinos. Oklahoma Gov. Kevin Stitt says tribal casinos should…

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