Sweden Mandates Strict Limits for Online Gambling During Pandemic
The Swedish government is introducing limits on how much bettors are allowed to spend at online casinos, and plans to keep those restrictions in place for the remainder of the…
MGM Is One of the Most Volatile S&P 500 Stocks This Year
Like every other name in the gaming industry, MGM Resorts International (NYSE:MGM) stock is being punished as the coronavirus forced the closure of all domestic casinos. But there’s more to…
Americans Have Travel Itch Amid Continued Lockdowns: Good News for US Casinos
Travel has become basically nonexistent in the United States over the past two months, resulting in nearly one in two Americans saying they’re itching to get out of their house…
Virginia Casino and Sports Betting Amendments Approved, Five Towns Face Referendums
The Virginia casino amendments made by Governor Ralph Northam (D) have been approved by the General Assembly, potentially clearing the way for five gaming resorts in the Old Dominion State….
COVID-19 Is ‘Immediate Threat’ to Tribes Following Casino Shutdowns
US tribes urgently need financial help from the federal government after casinos and other money-making operations were abruptly shuttered by the coronavirus outbreak, according to a Harvard University study. Tribal…
Las Vegas Sands Q1 Earnings Were Rough, not as bad as Expected
Las Vegas Sands (NYSE:LVS) surged more than eight percent in Wednesday’s after-hours session after the company posted break even first-quarter results on the basis of generally accepted accounting principles (GAAP)….
DraftKings and FanDuel ‘Knowingly Misled Millions,’ Claims Lawsuit
DraftKings and FanDuel should be held liable to reimburse customers who lost money playing daily fantasy sports contests because the two companies encouraged casual players to lose to profitable players….
Atlantic City Casino Workers Wait Hours for Food, Hope To Be Rehired
An estimated 1,500 laid-off casino employees waited in a two-mile-long line of vehicles in New Jersey Wednesday to receive free food so their families do not go hungry, news reports…
Joe Biden Enjoys Best Fundraising Month, But Trump Campaign Has Nearly $250M to Spend
Former Vice President Joe Biden raised $46.7 million in March, his best month ever. But his campaign is still at a serious disadvantage compared to President Donald Trump. Joe Biden…
Vegas Mayor Says She Offered City to Serve as COVID-19 Control Group
Las Vegas Mayor Carolyn Goodman grabbed the national spotlight Wednesday afternoon thanks to a combative interview conducted by CNN’s Anderson Cooper where the 81-year-old Independent admitted she proposed turning Sin…