Grand National Cancelation Will Cost Bookmakers Millions
The Grand National, the UK’s most famous horse race, has been canceled because of the coronavirus. It’s the latest blow to the country’s betting industry, which is feeling intense pressure…
Tom Brady Odds Favor QB Going to Tampa Bay Buccaneers
Tom Brady is no longer a member of the New England Patriots, the team he’s spent his entire 20-year NFL career with and led to six Super Bowl titles. The…
Caesars, MGM Join Rival in Tapping Credit for Short-Term Cash Needs
Caesars Entertainment Corp. (NASDAQ:CZR) and MGM Resorts International (NYSE:MGM) are among the gaming companies scrambling to bring cash onto their balance sheets by accessing revolving credit. That’s as the industry…
Seminole Casinos in Florida Remain Open Even in Areas With COVID-19
Seminole casinos in Florida remain open for business despite a growing number of positive COVID-19 cases. Seminole casinos such as the Native American tribe’s Hard Rock Hollywood are still open….
Colorado Casinos Join List of Temporary Closures Forced by Coronavirus
Colorado casinos are following a state-issued order aimed at stemming the spread of the coronavirus, with operators announcing a series of temporary closures that commenced Tuesday morning. Colorado is mandating…
Two More States Close Casinos as COVID-19 Spreads Nationwide
Kansas and Mississippi are among the latest states to close gaming properties because of the growing threat from the potentially deadly coronavirus. Kansas’s four state-owned gaming operations will close tonight…
Online Sportsbooks Get Creative With Sports Shortage, Turn to Weather
Online sportsbooks are trying to weather the storm of not having any sports to offer customers odds on with, well, weather. With sports betting lounges vacant during the coronavirus pandemic,…
Macau Forecasts Are Bad With JPMorgan Seeing 80 Percent March Drop
Macau’s road back to gross gaming revenue (GGR) normalcy in the wake of the coronavirus pandemic won’t be realized this month. Some analysts expect GGR there is tracking as much…
Crown Resorts Pulls Half Its Slot Machines in Social Distancing Drive
Australia’s Crown Resorts said Monday it is unplugging every second slot machine and electronic gaming table at its flagship Melbourne property in a bid to enforce social and physical distancing…
Penn National Gaming Halts Construction of PA Satellite Casinos
Penn National Gaming is suspending construction at its two satellite casinos in York and Morgantown, Pennsylvania, because of the COVID-19 pandemic. It’s tough times for Barstool Sports founder David Portnoy…