Monarch Casino Rallies After Analyst Endorses the Stock
Monarch Casino & Resort (NASDAQ:MCRI) joined other gaming equities in rebounding Friday, soaring 12.58% after an analyst said the stock’s recent slide is the epitome of “throwing the baby out…
Las Vegas Culinary Union Meeting with Casinos Regarding COVID-19
The powerful Culinary Union Local 226 that represents casino workers in Nevada is meeting with gaming companies in Las Vegas and Reno regarding the deadly COVID-19 novel coronavirus outbreak. The…
Floyd Mayweather Agrees to Unretire Again, But Only for $600M
Boxing great Floyd Mayweather is willing to come out of retirement for a third time, but only if he’s guaranteed $600 million. For $600 million, Floyd Mayweather says he’ll return…
Alabama Bill Would Hand Poarch Creek Indians Casino Exclusivity
Alabama Gov. Kay Ivey (R) wants to conduct an in-depth review of the merits of legalizing casino gambling. But one state senator wants to fast-track the process. Alabama Sen. Greg…
Sands, Melco Had Plenty of Coronavirus Mentions on Earnings Calls
Las Vegas Sands (NYSE:LVS) and Melco Resorts & Entertainment (NASDAQ:MLCO) are among the companies that most frequently mentioned the novel coronavirus on recent earnings conference calls, a sentiment that isn’t…
Oregon Tribe Calls ‘Discrimination’ over Wildhorse Coronavirus Case
The Confederated Tribes of the Umatilla Indian Reservation (CTUIR) claims it has been discriminated against since its casino was temporarily shuttered last week in the wake of a coronavirus scare….
MGM Is Temporarily Halting Buffets on the Strip due to Coronavirus
MGM Resorts International is temporarily halting buffet service at several of the company’s Las Vegas Strip venues in a precautionary move to prevent spreading of the novel coronavirus. Buffets at…
New York’s Yonkers Raceway Closes after COVID-19 Infected Worker Dies
New York’s Yonkers Raceway was shuttered Tuesday after a long-time trainer and office worker afflicted with coronavirus died. The MGM Resorts International-owned track is located about six miles from New…
Roundhill Investments Eyes Launch of First Sports Betting ETF With Nifty Ticker ‘BETZ’
Roundhill Investments is looking to be the first exchange-traded funds (ETFs) issuer to capitalize on the fast-growing sports betting segment by bringing a fund dedicated to that theme to market….
Las Vegas Convention and Visitors Authority Discusses Coronavirus
The Las Vegas Convention and Visitors Authority (LVCVA) says the COVID-19 novel coronavirus pandemic is causing much uncertainty surrounding the city’s economy. While some Las Vegas conventions remain on schedule,…