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MGM Resorts Reshuffles Leadership, Las Vegas Strip Remains in Limbo

Author Archive

3 May

MGM Resorts Reshuffles Leadership, Las Vegas Strip Remains in Limbo

By Liev Jackson Blog • No Comments

MGM Resorts International streamlined top management at its properties Friday on the heels of Gov. Steve Sisolak announcing that Nevada casinos will not be among the first businesses to reopen…

3 May

MGM Resort Is Reportedly Firing Four Presidents on Vegas Strip

By Liev Jackson Blog • No Comments

On Friday, a day after MGM Resorts International (NYSE:MGM) reported a first-quarter loss of 45 cents per share on a precipitous 29 percent drop in revenue, investors were treated to…

3 May

Eldorado Could Use Some Help in the Loan Market to Seal Caesars Deal

By Liev Jackson Blog • No Comments

Eldorado Resorts (NASDAQ:ERI) is aiming to have its $17.3 billion takeover of rival Caesars Entertainment (NASDAQ:CZR) wrapped sometime in June, but it could need the leveraged loan market to thaw…

3 May

Churchill Downs Offering Simulated Derby with Triple Crown Winners

By Liev Jackson Blog • No Comments

There are many words that can describe spring weather in Louisville, Ky. The most appropriate would be fickle. So it should not be the least bit surprising that the first…

3 May

Station Casinos to Reopen in Phases, ‘Significant’ Layoffs Planned

By Liev Jackson Blog • No Comments

Station Casinos will resume operations gradually as the company told employees Friday to expect an unspecified number of layoffs, given the impact from the coronavirus pandemic. Station Casinos CEO and…

3 May

Michigan’s Island Resort Plans to Reopen Slots, Bingo on Wednesday

By Liev Jackson Blog • No Comments

Michigan’s Island Resort and Casino is scheduled to reopen slots and bingo on Wednesday morning with multiple health precautions in place at the tribal venue. The state’s commercial casinos remain…

2 May

Idaho’s Coeur d’Alene Casino Reopens to Players, Safeguards in Place

By Liev Jackson Blog • No Comments

Idaho’s Coeur d’Alene Casino Resort Hotel reopened its gaming on Friday with many health precautions to prevent the spread of COVID-19. The tribal casino is believed to be one of…

2 May

Mississippi Governor Sets Memorial Weekend for Casinos Reopening

By Liev Jackson Blog • No Comments

Some of Mississippi’s casinos will reopen by Memorial Day Weekend, Friday May 22 — albeit with some social distancing measures in place. Mississippi Gov. Tate Reeves was mum on the…

2 May

Hungry, Needy Las Vegas Casino Workers Find Help from Charities

By Liev Jackson Blog • No Comments

Laid off casino workers and other needy residents in the Las Vegas region are increasingly turning to food distribution sites so their families do not go hungry during the coronavirus…

2 May

Walt Disney Owns Six Percent of DraftKings in Passive Fashion

By Liev Jackson Blog • No Comments

Walt Disney (NYSE:DIS) owns six percent of newly public DraftKings (NASDAQ:DKNG), but the entertainment giant’s stake in the sportsbook operator is viewed as passive for the time being. ESPN owner…

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