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Trump Tax Deduction Proposal Could Help Boost Some Restaurants

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31 March

Trump Tax Deduction Proposal Could Help Boost Some Restaurants

By Liev Jackson Blog • No Comments

Upscale restaurants at casinos are among the eateries that could benefit under President Donald Trump’s proposal to increase deductions for meals and entertainment on corporate taxes, according to several experts…

31 March

President Trump Says Coronavirus Guidelines Extended Until April 30

By Liev Jackson Blog • No Comments

President Donald Trump said in his daily COVID-19 press briefing Sunday that the social distancing guidelines the federal government recommends will be extended until at least the end of April….

31 March

Cambodia to Close Casinos as More Residents Contract COVID-19

By Liev Jackson Blog • No Comments

All legal casinos in Cambodia will be shuttered indefinitely starting Thursday due to risk from the coronavirus outbreak. New cases of the potentially fatal illness include a man who worked…

30 March

Penn National Extends Surival Time Line With Tropicana Deal

By Liev Jackson Blog • No Comments

Penn National Gaming (NASDAQ:PENN) said last Friday it’s selling the real estate assets of the Tropicana Las Vegas and the ground lease of an asset in Morgantown, Pa. to Gaming…

30 March

Detroit Casinos Halt Worker Pay This Week, Extend Benefits Through June

By Liev Jackson Blog • No Comments

The three Detroit casinos – MGM Grand Detroit, MotorCity, and Greektown – said pay will stop this week for their workers because of the state mandated shutdown, but benefits will…

30 March

Former MGM Resorts CEO Jim Murren Gives Nevada Coronavirus Update

By Liev Jackson Blog • No Comments

Jim Murren, the former CEO of MGM Resorts who expedited his planned resignation from the casino company earlier this month to head the Nevada COVID-19 task force, provided an update…

30 March

Nurmagomedov May Not Make UFC 249 But Dana White Pushes Forward

By Liev Jackson Blog • No Comments

UFC President Dana White says the show must go on. But now it appears UFC 249 may go on without one of its star combatants. UFC lightweight champion Khabib Nurmagomedov…

30 March

Coronavirus Risk Latest Reason to Ban Slot-Like Machines in Missouri

By Liev Jackson Blog • No Comments

UPDATE: The Missouri Department of Health and Senior Services has banned using slot-like machines and other coin-operated devices located in gas stations and similar venues, according to the St. Louis…

29 March

Mashpee Wampanoag Lose Massachusetts Reservation after Order

By Liev Jackson Blog • No Comments

The Mashpee Wampanoag are now highly unlikely to build their proposed casino in Taunton, Massachusetts, given that the tribe’s reservation recently was ordered “disestablished” by the Department of Interior under…

29 March

MGM Doesn’t Plan to Access Fed Coronavirus Relief Loans

By Liev Jackson Blog • No Comments

Grappling with the financial impact of all of its domestic gaming operations being temporarily halted because of the coronavirus outbreak, MGM Resorts International (NYSE:MGM) doesn’t plan to tap the $454…

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