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Senate OKs $2T COVID-19 Bill, Includes Aid for Gaming Cos and Workers

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26 March

Senate OKs $2T COVID-19 Bill, Includes Aid for Gaming Cos and Workers

By Liev Jackson Blog • No Comments

The US Senate late on Wednesday night unanimously passed the third phase of the country’s COVID-19 relief package, a more than $2 trillion stimulus proposal designed to help businesses and…

26 March

Yonkers Calls on New York State to Expand Sports Betting Downstate

By Liev Jackson Blog • No Comments

Sports betting in New York is currently limited to the four upstate commercial casinos, as well as those operated by Native American tribes. But in response to the COVID-19 pandemic,…

26 March

Connecticut Tribal Casinos Donate Food to Needy, Newly Unemployed

By Liev Jackson Blog • No Comments

Connecticut’s Foxwoods and Mohegan Sun are among the many shuttered Native American gaming properties which are donating multiple pallets of food to the needy, especially those who recently lost jobs…

26 March

Boyd Gaming Suspends Dividend, Pulls Guidance Citing COVID-19

By Liev Jackson Blog • No Comments

Boyd Gaming (NYSE:BYD) is joining the growing list of casino operators looking to conserve cash as the coronavirus hammers the industry. It said Wednesday it’s suspending its quarterly dividend and…

26 March

Gaming and Leisure Pulls 2020 Guidance due to Coronavirus Impact

By Liev Jackson Blog • No Comments

Gaming and Leisure Properties (NASDAQ:GLPI) is withdrawing its 2020 financial guidance, citing the impact the coronavirus pandemic is having on the casino industry. The real estate company said it recently…

25 March

Tokyo Olympics Postponed, Rescheduled for No Later Than Summer 2021

By Liev Jackson Blog • No Comments

The Tokyo Olympics that were to begin July 24 in the Japanese capital have officially been postponed by the COVID-19 pandemic. The 2020 Tokyo Olympics will not take place as…

25 March

888 Stock Rises Over Expectation It Can Absorb Coronavirus Shock

By Liev Jackson Blog • No Comments

The coronavirus may be clobbering gambling stock the world over, but 888 Holdings was up more than 31 percent Tuesday after the company revised its guidance for 2020. 888 Holdings…

25 March

San Manuel Casino Extends Coronavirus Closure Through April 11

By Liev Jackson Blog • No Comments

The San Manuel Band of Mission Indians, the operator of the Southern California gaming property bearing the tribe’s name, said it’s extending the closure period of that venue through April…

25 March

Nearly All US Commercial Casinos and Tribal Gaming Venues Closed Amid Pandemic

By Liev Jackson Blog • No Comments

There are 465 commercial casinos in the United States. By tonight, all are expected to be closed by the COVID-19 pandemic. Commercial casinos, as well as tribal ones, are closed…

25 March

Penn National Stock Is on a Torrid Pace Despite Credit Downgrade

By Liev Jackson Blog • No Comments

Penn National Gaming (NASDAQ:PENN) is extending a jaw-dropping run that has seen the embattled gaming stock more than triple off its 52-week low notched last week, even as Moody’s Investors…

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