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…
Casino Magnate Sheldon Adelson Personally Donates 2M Masks
Billionaire Sheldon Adelson, the founder and CEO of the Las Vegas Sands casino empire, has personally donated two million masks to United States hospitals. Sheldon Adelson got his hands on…
ATP Tour Unveils Virtual Tennis Product in Effort to Fill Sports Betting Void
Could simulated virtual tennis matches fill the current sports betting void being experienced around the world? Sports data firm IMG Arena and the ATP Tour are betting on just that….
Eldorado Caesars Deal may be Done in June, Say Unidentified Sources
Shares of Eldorado Resorts (NASDAQ:ERI) and Caesars Entertainment (NASDAQ:CZR) are soaring Tuesday after an unidentified source told CNBC the $17.3 billion transaction that will create the largest US gaming company…
Pandemic Delays Atlantic City Casino 2020 Profit Reports
Atlantic City casinos will have another month to disclose to the state their Q4 and full-year 2019 profit reports because of the ongoing COVID-19 pandemic that has shuttered their resort…
Flutter and TSG Merger Won’t Be Sabotaged by Coronavirus Crisis
Paddy Power and FanDuel owner Flutter Entertainment, and PokerStars and SkyBet parent The Stars Group (TSG) said this week their planned $12.2 billion merger will go ahead — regulators permitting…
MGM Interim CEO Hornbuckle Bought a Bunch of Stock This Week
William Hornbuckle, the interim CEO of MGM Resorts International (NYSE:MGM), is displaying confidence in his employer’s stock, scooping up more than 41,000 shares in the gaming company just this week….
Hong Kong Police Arrest 29 Suspects Tied to Alleged Gambling Racket
A Hong Kong illegal gaming racket, which obtained $1.8 million from eight gambling dens in just a half year, was broken up by local police in a series of recent…
Trump Tax Deduction Proposal Could Help Boost Some Restaurants
Upscale restaurants at casinos are among the eateries that could benefit under President Donald Trump’s proposal to increase deductions for meals and entertainment on corporate taxes, according to several experts…
President Trump Says Coronavirus Guidelines Extended Until April 30
President Donald Trump said in his daily COVID-19 press briefing Sunday that the social distancing guidelines the federal government recommends will be extended until at least the end of April….