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Casino Stocks Crushed by Coronavirus as Investors Fret About Vegas

Author Archive

28 February

Casino Stocks Crushed by Coronavirus as Investors Fret About Vegas

By Liev Jackson Blog • No Comments

Travel and leisure stocks are getting pounded Thursday amid concerns that the novel coronavirus will spread in the US. The fears are being exacerbated by a confirmed case in California…

28 February

Band KISS to Build Biloxi Casino Resort on Site of Former Margaritaville

By Liev Jackson Blog • No Comments

Legendary rockers KISS are partnering with a development group to build a $200 million casino resort in Biloxi, Mississippi. KISS is coming to Mississippi’s Gulf Coast with a casino resort….

27 February

Eldorado Resorts Remains Beloved by Wall Street Analysts

By Liev Jackson Blog • No Comments

Eldorado Resorts, Inc. (NASDAQ:ERI) continues to be a favored name among Wall Street analysts, as the regional gaming company closes in on finalizing its $17.3 billion takeover of Caesars Entertainment…

27 February

Chinese Nationals Arrested in Philippines for Kidnapping Gambler

By Liev Jackson Blog • No Comments

Two Chinese nationals have been arrested in the Philippines and charged with kidnapping a man over his alleged failure to pay up on his gambling debts. Kidnapping continues to be…

27 February

After NHL Trade Deadline, Tampa Bay Still Favorite to Win Stanley Cup

By Liev Jackson Blog • No Comments

The NHL trade deadline passed earlier this week, and the favorite to hoist the Stanley Cup at the end of the season was one of the busier teams in making…

27 February

Wind Creek Bethlehem Appoints Kathy McCracken Executive VP

By Liev Jackson Blog • No Comments

Wind Creek Bethlehem in Pennsylvania has appointed Kathy McCracken as the casino resort’s next executive vice president and general manager following the departure of Brian Carr from the organization. Kathy…

27 February

Eldorado CEO Reeg Tells Analysts Caesars Deal Will be a ‘Home Run’

By Liev Jackson Blog • No Comments

Eldorado Resorts CEO Tom Reeg told analysts Wednesday on the gaming company’s fourth quarter earnings call that all is going well with his company’s planned merger with Caesars Entertainment. Could…

27 February

BetMGM Opens in Indiana, Has Plan to Compete with DraftKings, FanDuel

By Liev Jackson Blog • No Comments

Indiana welcomed its fifth mobile sports betting application earlier this week when BetMGM went online in the Hoosier State. The addition of the Roar Digital product shows that while the…

27 February

China Cancels Thousands of Passports for Those in POGO Centers

By Liev Jackson Blog • No Comments

China has revoked thousands of its citizens’ passports on grounds that they violated laws by traveling to work in the Philippines’ online gaming industry. Thousands of citizens from China attempting…

27 February

British Columbia Union Says Casino Workers Remain Exposed to Crime

By Liev Jackson Blog • No Comments

British Columbia’s largest labor union says its members who work inside casinos remain exposed to criminal syndicates that are attempting to launder money. Stephanie Smith says the British Columbia union…

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