MGM Resort Is Reportedly Firing Four Presidents on Vegas Strip
On Friday, a day after MGM Resorts International (NYSE:MGM) reported a first-quarter loss of 45 cents per share on a precipitous 29 percent drop in revenue, investors were treated to…
Eldorado Could Use Some Help in the Loan Market to Seal Caesars Deal
Eldorado Resorts (NASDAQ:ERI) is aiming to have its $17.3 billion takeover of rival Caesars Entertainment (NASDAQ:CZR) wrapped sometime in June, but it could need the leveraged loan market to thaw…
Churchill Downs Offering Simulated Derby with Triple Crown Winners
There are many words that can describe spring weather in Louisville, Ky. The most appropriate would be fickle. So it should not be the least bit surprising that the first…
Station Casinos to Reopen in Phases, ‘Significant’ Layoffs Planned
Station Casinos will resume operations gradually as the company told employees Friday to expect an unspecified number of layoffs, given the impact from the coronavirus pandemic. Station Casinos CEO and…
Michigan’s Island Resort Plans to Reopen Slots, Bingo on Wednesday
Michigan’s Island Resort and Casino is scheduled to reopen slots and bingo on Wednesday morning with multiple health precautions in place at the tribal venue. The state’s commercial casinos remain…
Idaho’s Coeur d’Alene Casino Reopens to Players, Safeguards in Place
Idaho’s Coeur d’Alene Casino Resort Hotel reopened its gaming on Friday with many health precautions to prevent the spread of COVID-19. The tribal casino is believed to be one of…
Mississippi Governor Sets Memorial Weekend for Casinos Reopening
Some of Mississippi’s casinos will reopen by Memorial Day Weekend, Friday May 22 — albeit with some social distancing measures in place. Mississippi Gov. Tate Reeves was mum on the…
Hungry, Needy Las Vegas Casino Workers Find Help from Charities
Laid off casino workers and other needy residents in the Las Vegas region are increasingly turning to food distribution sites so their families do not go hungry during the coronavirus…
Walt Disney Owns Six Percent of DraftKings in Passive Fashion
Walt Disney (NYSE:DIS) owns six percent of newly public DraftKings (NASDAQ:DKNG), but the entertainment giant’s stake in the sportsbook operator is viewed as passive for the time being. ESPN owner…
Joe Biden 2020 Odds Lengthen Following Sexual Assault Denial
The odds of former Vice President Joe Biden taking occupancy of the White House have lengthened. That’s after he publicly denied sexual assault allegations made against him by a former…