Caesars Entertainment Execs Receive $535K in Stock Awards
Caesars Entertainment paid out on annual stock awards to several executives this week. But the value of the compensation was much lower due to the economic downfall inflamed by the…
GAN Secures Online Gaming, Sports Betting Deals with Michigan Casinos
GAN has announced that it will provide retail sports betting and internet gaming technology for the Sault Tribe of Chippewa Indians in Michigan. The Kewadin casinos in Michigan will partner…
Horse Racing to Continue in Fla. After Governor Issues Stay Home Order
Florida Gov. Ron DeSantis issued a stay-at-home order for residents, as the Sunshine State tries to combat the spread of the novel coronavirus. Racing will continue at Tampa Bay Downs…
DC Lottery Reveals Sports Betting App, Focus Moves to iLottery Platform
This week was supposed to be a big week for sports in the nation’s capital. Once sports resume, bettors in DC will be able to wager on their Capitals using…
Wynn Will Pay Workers Through May 15 and the Internet Likes the Plan
At a time when some commercial and tribal casino operators are laying off staff because of temporary closures forced by the coronavirus outbreak, Wynn Resorts is extending pay to all…
MGM Resorts Sagging Stock Attracts Activist Investor Keith Meister
The stock price of MGM Resorts has plunged from the economic fallout of the coronavirus pandemic. But one of the company’s largest shareholders is only further increasing his stake in…
Macau April GGR Will Be Bad, Perhaps Worse Than March
Just two days into April, analysts are already saying that gross gaming revenue (GGR) in Macau this month is unlikely to show much improvement relative to the prior two months….
Gold Urinals Installed in Cambodian Casino as COVID-19 Continues
Gaming property owner Kang Qiang has placed gold urinals in his Sihanoukville, Cambodia gambling venue while all land-based casinos are shuttered in the country by the coronavirus pandemic, news reports…
Sheldon Adelson Supports Trump Pandemic Response
Billionaire Sheldon Adelson says it’s no time for companies to be more concerned with their share prices than their employees. Thus, the Las Vegas Sands founder and chairman is leading…
Caesars Entertainment Gets Record £13 Million Fine from UKGC
Caesars UK division has accepted a fine of £13 million ($16 million USD) following a UK Gambling Commission investigation which found the operator had allowed known problem gamblers to lose…