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Mohegan Gaming is Dealing With Low Credit Rating, High Default Risk

Author Archive

28 April

Mohegan Gaming is Dealing With Low Credit Rating, High Default Risk

By Liev Jackson Blog • No Comments

Mohegan Tribal Gaming Authority (MTGA), which is owned by the Connecticut Native American band of the same name, had its credit grade downgraded by Moody’s Investors Service. That puts it…

28 April

Tokyo Expected to Enter IR Bidding, Overhaul Casino Strategies

By Liev Jackson Blog • No Comments

Tokyo is expected to soon announce its candidacy to land one of Japan’s three forthcoming integrated resorts (IR), and analysts say that will overhaul the bidding strategies for casino operators….

28 April

California Tribal Casino Acquires Body Temperature Kiosks

By Liev Jackson Blog • No Comments

A tribal casino in California is buying kiosks that allow guests and employees to have their body temperatures scanned without making contact with the machine. Coronavirus will result in a…

28 April

GAN Is Inching Closer to an IPO That Could Raise $34.5 Million

By Liev Jackson Blog • No Comments

Online gaming software provider Gan Ltd. said today its upcoming initial public offering (IPO) will consist of 4.05 million shares priced between $6.50 and $8.50, meaning the company could raise…

28 April

Arkansans Await Reopening of Casinos, Officials Review Coronavirus Data

By Liev Jackson Blog • No Comments

Arkansas has yet to specify a date to reopen the state’s three licensed gaming venues. In the meantime, state officials are monitoring the number of COVID-19 cases and want to…

28 April

Nevada Enrolls in Western States Pact to Mitigate Coronavirus

By Liev Jackson Blog • No Comments

Nevada Gov. Steve Sisolak (D) is joining the Western States Pact to share information in an effort to mitigate the spread of COVID-19 and eventually, open the states back up…

28 April

Man Who Lost $500,000 at Rock, Paper, Scissors Gets to Keep His House

By Liev Jackson Blog • No Comments

A Canadian businessman who lost a C$517,000 ($368,628) bet on a best-of-three game of rock, paper, scissors will not have to pay up. That’s after the Quebec Court of Appeals…

28 April

Macau Unemployment Reaches Highest Rate in Eight Years:

By Liev Jackson Blog • No Comments

The number of jobless workers in Macau during the start of 2020 reached an eight-year high given economic pressures from the coronavirus pandemic, according to news reports. Macau is seeing…

28 April

Second Round of PPP Loans Comes Too Late to Save Nevada Casino

By Liev Jackson Blog • No Comments

On Monday, the US Small Business Administration (SBA) started taking loan applications from lenders for the second phase of the Paycheck Protection Program (PPP), the COVID-19 relief program designed to…

27 April

Manila Casinos Closed Through May 15, as Coronavirus Escalates

By Liev Jackson Blog • No Comments

Manila casinos in Entertainment City and throughout the Philippines capital will remain closed through at least May 15, as the coronavirus continues to spread. Philippines President Rodrigo Duterte has ordered…

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