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Cosmopolitan Drops $500,000 Casino Marker Case Against NHL’s Evander Kane

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11 April

Cosmopolitan Drops $500,000 Casino Marker Case Against NHL’s Evander Kane

By Liev Jackson Blog • No Comments

The Cosmopolitan of Las Vegas has dismissed a case against the San Jose Sharks’ Evander Kane that was seeking recovery of $500,000 in unpaid casino markers, The Las Vegas Review-Journal…

11 April

Some Nevada Hotels Give Rooms to First Responders, Health Pros

By Liev Jackson Blog • No Comments

Some Nevada hotels are following the examples of other hotels nationwide and letting first responders and health-care employees working on the coronavirus outbreak stay overnight for free. But many Las…

11 April

American Social Distancing Grades Lower, But Nevada Still Receives ‘A’

By Liev Jackson Blog • No Comments

Americans are becoming restless. The latest social distancing report from a location data research firm reveals many states aren’t doing as well in staying home as they once were. Social…

11 April

Wynn Bond Sale Could be Good News for Cash-Starved Rivals

By Liev Jackson Blog • No Comments

Earlier this week, Wynn Resorts (NASDAQ:WYNN) sold $600 million of corporate notes coming due in 2025 with at an interest rate of 7.75 percent in a private offering, a transaction…

11 April

Parx to Furlough More Than 2,200 Workers From COVID-19 Outbreak

By Liev Jackson Blog • No Comments

Workers at Pennsylvania’s largest casino will be temporarily laid off starting on Monday. According to the state Department of Labor and Industry, Parx Casino and Racing will layoff more than…

11 April

COVID-19 Pandemic Leads LVCVA to Slash Budget

By Liev Jackson Blog • No Comments

The Las Vegas Convention and Visitors Authority (LVCVA) is likely to drastically cut its operating budget by millions of dollars and delay some key capital projects due to financial shortfalls…

11 April

Coronavirus-Related Casino Closures Take a Toll on Indiana, City Budgets

By Liev Jackson Blog • No Comments

Indiana reported its March gaming figures on Thursday, and revenues plummeted, as expected thanks to the COVID-19 outbreak forcing the closure of the state-licensed casinos for the last half of…

11 April

Sports Fans Polled Won’t Feel Safe at Games Before Coronavirus Vaccine

By Liev Jackson Blog • No Comments

Nearly three in four sports fans say they would not feel safe attending a game or event until a vaccine for the COVID-19 disease has been developed. Tickets might be…

11 April

Wynn Is Still Losing Money, Company Expects Big Q1 EBITDA Decline

By Liev Jackson Blog • No Comments

Wynn Macau continues losing money, although casinos in the world’s largest gaming center are open for business. The company expects the cash burn will continue as long as protocols implemented…

11 April

Celebrities Supporting Laid Off MGM Resorts Employees

By Liev Jackson Blog • No Comments

MGM Resorts has furloughed approximately 60,000 workers in the United States. But numerous celebrities with business ties to the casino operator are stepping up to help them overcome the difficult…

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