Nevada Casinos Post Worst Month in More Than Two Decades
Nevada casinos won just $618.1 million on their floors last month from being closed for nearly half of March because of the COVID-19 pandemic. The Las Vegas people might be…
Hillary Clinton Endorses Joe Biden for President, Oddsmakers Don’t Care
Hillary Clinton, the former first lady of the United States and the Democratic Party’s 2016 nominee for president, has endorsed Joe Biden. Hillary Clinton will be voting for Joe Biden…
Macau Could Get a Lift From Rebounding Chinese Provinces
There are signs the Guangdong and Fujian provinces of mainland China are beginning to rebound from the coronavirus outbreak. That resurgence could bring much needed good news for the moribund…
Kansas City Chiefs Leading in Super Bowl Tickets, Money Following Draft
The Kansas City Chiefs are the betting favorites to win the Super Bowl for the second year in a row, the defending champions currently at just 4/1. Patrick Mahomes and…
Philippines Casino Regulator Sees Revenue Drop 50 Percent
The Philippines casino regulator PAGCOR said its first-quarter revenue was slashed in half due to the COVID-19 pandemic, as gaming properties remain closed throughout the country. Would-be gamblers are being…
Gaming REITs Can Weather Casino Storm, Says Instinet Analyst
Gaming and Leisure Properties (NASDAQ:GLPI), MGM Growth Properties (NYSE:MGP) and Vici Properties (NYSE:VICI) comprise the publicly traded universe of domestic gaming real estate assets and those names could be investors’…
Colorado Sports Betting to Launch Friday with DraftKings, FanDuel
Colorado gaming regulators have vowed to launch the state’s sports betting market this Friday, May 1 as planned. This is despite a lack of any sports to bet on and…
Aristocrat Cuts Many Worker Salaries, Trims Workforce
Slot machine provider Aristocrat Leisure is laying off or cutting out over 1,000 employees due to the financial impact from the coronavirus pandemic, according to a company announcement this week….
Blow for Bookies as France Follows Holland in Abandoning Soccer Season
Sports-starved European bookmakers were dealt a fresh blow Tuesday with the news that French soccer will not resume the 2019-20 season. The decision was taken after the country’s prime minister,…
New Jersey Governor Unveils Reopening Plan, Atlantic City Not Ready
New Jersey Governor Phil Murphy (D) unveiled his six-point “Road Back” plan this week to reopen the state. But Atlantic City continues to see a rise in the number of…