Wynn Las Vegas to Remain Closed Until May 22, Says Facebookk Post
A post on the Wynn Slots Facebook page indicates the company’s Las Vegas integrated resort will remain shuttered through May 22, as the city contends with the impact of the…
Tiger Woods, Peyton Manning Favored Against Phil Mickelson, Tom Brady
Tiger Woods and Peyton Manning are the favorites in a charity golf match against their sport rivals Phil Mickelson and Tom Brady. The event is set to take place next…
MGM Probably Posts Q1 Loss, Considers Taking CARES Act Cash
MGM Resorts International (NYSE:MGM) was likely net income negative in the first quarter, excluding one-time items, as revenue tumbled 29 percent because of gaming property closures forced by the coronavirus….
Hard Rock International CEO Jim Allen Gives Grim Outlook for Casinos
Hard Rock International CEO Jim Allen says it will take a least a year for the company’s businesses to recover once they’re allowed to reopen. Hard Rock boss Jim Allen…
Las Vegas Sands Is Confident on Asia Rebounding, Analysts Like That
Las Vegas Sands (NYSE:LVS) reported first-quarter results Wednesday afternoon, and while the numbers were unattractive, they weren’t as ugly as Wall Street expected. Moreover, confident tones sounded by executives are…
Phil Ruffin Readying His Las Vegas Casinos to Reopen May 15
Billionaire Phil Ruffin plans to reopen his Las Vegas casinos, Treasure Island and Circus Circus, on May 15. But the odds seem long that gaming will be permitted to resume…
Nevada Gaming Control Board Issues Memo on Reopening Casinos
The Nevada Gaming Control Board released a six-page memo outlining procedures for reopening casinos in the state, but didn’t venture a guess on when they might be back open for…
Bangladesh Appeals Ruling Clearing Bloomberry Resorts Over Fed Heist
Bangladesh Bank has appealed last month’s US federal court ruling that dismissed claims of liability against Philippine casino operator Bloomberry Resorts in 2016’s New York Federal Reserve cyber heist. Gao…
Alaska Native Corporations to Receive Coronavirus Indian Relief
Alaska Native Corporations (ANC), for-profit enterprises that are owned by Native Americans, will receive coronavirus stimulus money designated for sovereign Indian tribes. Alaska Native Corporations, like the Arctic Slope Regional…
DraftKings Is Going Public, but With Concerns About Corporate Structure
On Thursday, Diamond Eagle Acquisition Corp. (NASDAQ:DEAC) investors overwhelmingly voted in favor of a previously announced reverse merger with DraftKings and SBTech. That sets the stage for the combined entity…