Mafia Also Clobbered by Coronavirus Sports Cancelations, Cops Say
It’s not just the regulated sports betting industry that is feeling the pinch because of the global sports shutdown. Spare a thought in these troubling times for the Mafia, whose…
Sands Remains a Standout Among Gaming Stocks, Says One Analyst
There are no sure things in investing, and that’s certainly true these days with gaming equities. But Las Vegas Sands (NYSE:LVS) appears to be one of the group’s safer names,…
Macau Casinos Win $659M in March, Represents 80 Percent Decline
Macau casinos won $659 million on their gaming floors in March, a nearly 80 percent decline compared to the same month in 2019. Macau casinos reported gaming win of $659…
Wimbledon Canceled, All Major Tennis Through July 13
The Wimbledon Championships have been canceled by the COVID-19 pandemic, as have all ATP and WTA tennis tournaments through July 13. Wimbledon was scheduled to run June 29 to July…
Eldorado Rewarded Hedge Funds Last Year, a Theme That’s Ceased
Eldorado Resorts, Inc. (NASDAQ:ERI) stock remained a hedge fund favorite in the fourth quarter, possibly scorching some of those professional investors as the shares plunged 75.60 percent in the first…
Nevada Casinos Closed Through April, Gov. Issues Stay-at-Home Order
Nevada casinos will remain closed at least through the end of April as a result of Gov. Steve Sisolak’s (D) stay-at-home order. The Las Vegas Strip and all Nevada casinos…
Flutter, TSG $12.2 Billion Merger Approved by UK Competition Regulator
Flutter Entertainment and The Stars Group (TSG) have received clearance from UK antitrust regulators to proceed with their proposed $12.2 billion merger. The tie-up will create the biggest online gambling…
Sandoval, Former Nevada Governor, Leaves MGM to Pursue UNR Role
Former Nevada Gov. Brian Sandoval is vacating his role as president of global gaming development at MGM Resorts International to pursue the top spot at the University of Nevada, Reno…
Southwest Airlines, Las Vegas’ Largest Carrier, Slashes Scheduled Flights
Southwest Airlines transports more passengers to and from Southern Nevada than any other airliner. But beginning May 3, the company’s service schedule is being greatly reduced by the COVID-19 pandemic….
Thieves Target Hard Rock Casino Construction Site In Indiana
Police in Gary, Ind., are looking into the theft of about $25,000 worth of construction equipment that was taken from the site where work is underway on a Hard Rock…