Melco Resorts Warns COVID-19 Is Making it Hard to Forecast Results
Melco Resorts & Entertainment (NASDAQ:MLCO) said the coronavirus pandemic is having a material impact on its operations, the bulk of which are in Asia – one of the regions most…
Judge Blocks Alaska Native Corps From Receiving Coronavirus Funds
A federal judge has temporarily halted Alaska Native Corporations (ANC) from accessing $8 billion in COVID-19 relief funding allotted for Native American tribes. Alaska Native Corporations, such as the Olgoonik…
Wynn EPS Estimates Are All Over the Map, Giving Investors Little Clarity
With the coronavirus outbreak still weighing on the gaming industry, it’s not surprising that analysts are divided on how the health crisis is affecting individual operators’ financial results. But when…
San Manuel Extends Coronavirus Closure a Third Time to May 31
San Manuel Casino, one of the giants of Southern California’s tribal gaming landscape, is extending its coronavirus-induced closure for a third time. That’s even as the fatality toll from the…
Macau Government Continues Work on Casino License Renewal Process
The Macau government says it’s continuing to work on how the enclave’s casino license renewal process will play out in 2022, and a public review period is on the way….
Regular Bettors Gambling More During Lockdown: Gambling Study
Thirty-eight percent of Brits who class themselves as “regular gamblers” said they were betting more during the coronavirus lockdown, according to a new poll by Survation. BetStars parent The Stars…
Twin River Gets Three Casinos at Low Prices, Analyst Likes Moves
Twin River Worldwide Holdings (NYSE:TRWH) may be committing highway robbery. That’s apparent in its purchases of the Eldorado Shreveport Resort and Casino in Louisiana, the MontBleu Resort Casino in Lake…
Mohegan Gaming is Dealing With Low Credit Rating, High Default Risk
Mohegan Tribal Gaming Authority (MTGA), which is owned by the Connecticut Native American band of the same name, had its credit grade downgraded by Moody’s Investors Service. That puts it…
Tokyo Expected to Enter IR Bidding, Overhaul Casino Strategies
Tokyo is expected to soon announce its candidacy to land one of Japan’s three forthcoming integrated resorts (IR), and analysts say that will overhaul the bidding strategies for casino operators….
California Tribal Casino Acquires Body Temperature Kiosks
A tribal casino in California is buying kiosks that allow guests and employees to have their body temperatures scanned without making contact with the machine. Coronavirus will result in a…