Wynn Macau continues losing money, although casinos in the world’s largest gaming center are open for business. The company expects the cash burn will continue as long as protocols implemented…
MGM Resorts has furloughed approximately 60,000 workers in the United States. But numerous celebrities with business ties to the casino operator are stepping up to help them overcome the difficult…
Corrupt gamblers looking to exploit a looming suspension forced by the COVID-19 outbreak allegedly targeted lower level tennis tours in the first three months of this year, according to new…
The Massachusetts Gaming Commission (MGC) is giving gamblers more time to collect winnings, allotting for the temporary closures of the state’s three casinos because of the coronavirus outbreak. Massachusetts gamblers…
Station Casinos will pay its employees through at least May 15, a huge relief to workers, as the Nevada unemployment system continues to be overwhelmed. Station Casinos workers won’t be…
Gaming and Leisure Properties (NASDAQ:GLPI), MGM Growth Properties (NYSE:MGP), and Vici Properties (NYSE:VICI) each had outlooks on their credit ratings lowered to “negative” from “stable” by Moody’s Investor’s Service. The…
Sheldon Adelson, the founder and chairman of Las Vegas Sands, remains the world’s richest casino billionaire, his estimated net worth at $26.8 billion. Sheldon Adelson is the richest person alive…
Stones Gambling Hall, the Sacramento card room at the center of an alleged poker cheating scandal, has filed a second motion to dismiss a $10 million lawsuit from poker players…
Casino unions across the country are calling on gaming operators to continue paying their workers despite their businesses being forced to temporarily close. Casino unions such as the Culinary Union,…
Almost two weeks after sports betting and lottery provider SBTech was hit by a cyberattack that forced it to shut down its global data centers, several US-regulated online gambling sites…