Genting Credit Outlook Took a Turn for the Worse Brcause of the Coronavirus
The outlook on Genting Bhd’s credit rating, as well as that of its Resorts World Las Vegas LLC, was downgraded to “negative” from “stable” by Standard & Poor’s (S&P), which…
UKGC Clobbers Betway With Record $11.6 Million Fine
Online sports book Betway achieved the dubious honor of becoming the UK’s most robustly punished gambling operator Thursday, as it agreed to pay a record £11.6 million ($14.6 million) fine…
MGM Scraps Buyback Citing Weak Market Caused by Coronavirus
The Las Vegas Strip is awash in cancellations and postponements because of the coronavirus outbreak. But the latest example of such doesn’t involve a convention, meeting, or sporting event. The…
COVID-19 Outbreak Forces NCAA to Cancel Tourneys
March Madness became a casualty to the coronavirus pandemic, as the NCAA announced the men’s and women’s college basketball tournaments, as well as other winter championships, would be canceled. The…
NHL, MLS Join List of Leagues Suspending Play Due to Coronavirus
Both the NHL and MLS announced that they would be suspending play on Thursday because of the coronavirus pandemic. The move adds to the growing list of professional sports leagues…
Melco Must Turn Over Documents to Crown Suitability Investigation
Lawrence Ho’s Melco Resorts has lost its bid to keep private company documents out of reach of an unprecedented official investigation by the Australian state of New South Wales (NSW)…
Utah Lawmakers Pass ‘Fringe Gambling’ Bill in Effort to Outlaw Machines
Utah legislators overwhelmingly passed a bill designed to get rid of “fringe gambling,” a term used to describe machines that attempt to skirt laws against games of chance in the…
Harvey Weinstein Odds Correctly Predict Lengthy Sentence, Appeal Next
Harvey Weinstein was sentenced to 23 years in prison Wednesday for raping an actress in 2013 and forcibly performing oral sex on his former assistant Mimi Haleyi in 2006 at…
Concord Card Casinos Bankruptcy Over €600 Million Tax Bill
Austria’s 12 Concord Card Casinos have been shut down forever, according to their owner, Peter Zanoni, whose CCC Gruppe filed for bankruptcy this week under the weight of a €600…
Former Players Championship Winners Underdogs at TPC Sawgrass
The Players Championship, the PGA Tour’s marquee event and so-called “fifth major,” tees off tomorrow at TPC Sawgrass in Ponte Vedra Beach, Florida. Defending champion and world No. 1 Rory…