SJM Holdings Likely Delaying Opening of $5B Grand Lisboa Palace
SJM Holdings is prepared to open its $5 billion Grand Lisboa Palace casino resort on the Cotai Strip at any moment, but may be forced to push back the grand…
Las Vegas Mayor Says City ‘Cannot Survive Month-Long Shutdown
Las Vegas Mayor Carolyn Goodman asked Gov. Steve Sisolak Wednesday to drastically cut his minimum 30-day statewide closure on casinos, hotels, and other “non-essential” businesses in Nevada because of the…
MGM Execs, Including Murren, and Board Members Are Buying Shares
MGM Resorts International (NYSE:MGM) board directors and executives are stepping up to support a stock hammered by the coronavirus pandemic – one that’s off 60.51 percent over the past week…
UKGC Pulls Lotteries.com License, Ramps Up Enforcement on Operators
The UK Gambling Commission (UKGC) announced this week it has suspended the license of Lotteries.com parent International Multi-Media Entertainments Ltd (IMME) over unspecified concerns about anti-money laundering (AML) and social…
Offbeat Odds on Disease Impact
The coronavirus is no laughing matter. But when life gives lemons to online oddsmakers, they make lemonade. Global pandemic from the coronavirus is causing some to stock up on essential…
Five San Diego Tribal Casinos Are Temporarily Closing, Citing Coronavirus
Barona, Campo, Jamul, Sycuan and Viejas – San Diego’s five tribal casinos – will begin shutting down Friday morning and will remain closed through the end of March, as some…
US Sportsbooks Keen to Offer Tournament Odds
Pushing wooden pieces across a table may not be the most athletic activity, but millions of people love chess. And with the Candidates Tournament to choose the next challenger for…
Macau Government Trims 2020 GGR Estimate by Staggering 50 Percent
Table games at Macau’s casinos are now running at 80 percent capacity following a 15-day closure in February. But the Special Administrative Region’s (SAR) road back to normalcy is going…
AGA Estimates $21B Economic Loss from Coronavirus Closures
The America Gaming Association (AGA) released a report on Wednesday warning that the US economy could suffer $21.3 billion in economic losses if casinos remained closed for a period of…
Gaming Industry Analyst Says Casino Stocks Present Buying Opportunities
Casino stock prices have plummeted in recent weeks because of the COVID-19 pandemic. But one gaming industry analyst believes the bottom has been reached, and now is the time to…