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Feds Ask Tribal Leaders How to Best Distribute $8B in Coronavirus Relief

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2 April

Feds Ask Tribal Leaders How to Best Distribute $8B in Coronavirus Relief

By Liev Jackson Blog • No Comments

The US Department of the Interior (DOI) is asking tribal leaders across the country to provide recommendations as to how $8 billion in coronavirus relief funding should be distributed to…

2 April

Officials in Arkansas, Illinois Extend Casino Closures Through April

By Liev Jackson Blog • No Comments

Casinos in Arkansas and Illinois have received word they will be closed for at least one more month because of the COVID-19 outbreak. The Saracen Annex in Hot Springs, Ark.,…

2 April

Mafia Also Clobbered by Coronavirus Sports Cancelations, Cops Say

By Liev Jackson Blog • No Comments

It’s not just the regulated sports betting industry that is feeling the pinch because of the global sports shutdown. Spare a thought in these troubling times for the Mafia, whose…

2 April

Sands Remains a Standout Among Gaming Stocks, Says One Analyst

By Liev Jackson Blog • No Comments

There are no sure things in investing, and that’s certainly true these days with gaming equities. But Las Vegas Sands (NYSE:LVS) appears to be one of the group’s safer names,…

2 April

Macau Casinos Win $659M in March, Represents 80 Percent Decline

By Liev Jackson Blog • No Comments

Macau casinos won $659 million on their gaming floors in March, a nearly 80 percent decline compared to the same month in 2019. Macau casinos reported gaming win of $659…

2 April

Wimbledon Canceled, All Major Tennis Through July 13

By Liev Jackson Blog • No Comments

The Wimbledon Championships have been canceled by the COVID-19 pandemic, as have all ATP and WTA tennis tournaments through July 13. Wimbledon was scheduled to run June 29 to July…

2 April

Eldorado Rewarded Hedge Funds Last Year, a Theme That’s Ceased

By Liev Jackson Blog • No Comments

Eldorado Resorts, Inc. (NASDAQ:ERI) stock remained a hedge fund favorite in the fourth quarter, possibly scorching some of those professional investors as the shares plunged 75.60 percent in the first…

2 April

Nevada Casinos Closed Through April, Gov. Issues Stay-at-Home Order

By Liev Jackson Blog • No Comments

Nevada casinos will remain closed at least through the end of April as a result of Gov. Steve Sisolak’s (D) stay-at-home order. The Las Vegas Strip and all Nevada casinos…

2 April

Flutter, TSG $12.2 Billion Merger Approved by UK Competition Regulator

By Liev Jackson Blog • No Comments

Flutter Entertainment and The Stars Group (TSG) have received clearance from UK antitrust regulators to proceed with their proposed $12.2 billion merger. The tie-up will create the biggest online gambling…

2 April

Sandoval, Former Nevada Governor, Leaves MGM to Pursue UNR Role

By Liev Jackson Blog • No Comments

Former Nevada Gov. Brian Sandoval is vacating his role as president of global gaming development at MGM Resorts International to pursue the top spot at the University of Nevada, Reno…

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