LVS, Wynn Dividends Could be Vulnerable, Says a Strategist
Las Vegas Sands (NYSE:LVS) and Wynn Resorts (NASDAQ:WYNN) are among 60 S&P 500 members that could need to cut or suspend dividends to conserve capital as the coronavirus pandemic weighs…
Vietnam’s Casinos Closed Due to Coronavirus as Residents Restricted
Vietnamese gambling properties have shuttered for 15 days starting today because of the COVID-19 pandemic, according to a report from Vietnam News Agency, a state news service. Vietnam’s Prime Minister…
Fifteen Dead in Clark County From Coronavirus, Caesars Laid Off Workers
The Clark County death count from COVID-19 now stands at 15, the Southern Nevada Health District (SNHD) saying another resident died Sunday from the coronavirus. Clark County’s death toll from…
Macau GGR Will Basically Be a Wash This Year, Says Morgan Stanley
Macau’s faltering gross gaming revenue (GGR) will maintain that downward trajectory at least until October. But a significant 2021 rebound could be in store for the world’s largest gaming center,…
Tokyo 2020 Olympics Officially Bumped to July 23, 2021
The Tokyo Olympics will kick off on July 23, 2021 and run until August 8, the International Olympic Committee announced after a meeting of its executive board Monday. Both the…
SBTech Hammered by Cyberattack, BetAmerica Knocked Offline
SBTech was hit by a cyberattack late Friday, forcing the sports betting and lottery provider to shut down its global data centers, putting its B2B partners out of action, LegalSportsReport…
Vegas on NBA Radar as League Weighs a Bubble Plan to Resume Play
We may still be weeks or even months away from professional sports resuming in the United States. But reports circulated over the weekend that the NBA is looking at a…
Detroit Greektown Casino-Hotel Provides Free Rooms to First Responders
Detroit’s Greektown Casino-Hotel has set aside 40 free-of-charge rooms for police officers, firefighters, and emergency medical technicians. Numerous Detroit first responders have fallen ill, and a few have died from…
Osaka Officials Concede IR Opening Before 2025 World Expo Impractical
Government officials in Osaka say opening an integrated resort ahead of its hosting of the 2025 World Expo is no longer a realistic goal. Osaka’s planned casino resort won’t be…
Wynn Macau Cancels 2019 Dividend, Citing Coronavirus Outbreak
Wynn Macau Ltd. is the latest gaming company to alter its dividend policy citing the coronavirus outbreak, saying earlier today that it won’t deliver a 2019 payout. Citing the need…