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Macau Forecasts Are Bad With JPMorgan Seeing 80 Percent March Drop

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18 March

Macau Forecasts Are Bad With JPMorgan Seeing 80 Percent March Drop

By Liev Jackson Blog • No Comments

Macau’s road back to gross gaming revenue (GGR) normalcy in the wake of the coronavirus pandemic won’t be realized this month. Some analysts expect GGR there is tracking as much…

18 March

Crown Resorts Pulls Half Its Slot Machines in Social Distancing Drive

By Liev Jackson Blog • No Comments

Australia’s Crown Resorts said Monday it is unplugging every second slot machine and electronic gaming table at its flagship Melbourne property in a bid to enforce social and physical distancing…

18 March

Penn National Gaming Halts Construction of PA Satellite Casinos

By Liev Jackson Blog • No Comments

Penn National Gaming is suspending construction at its two satellite casinos in York and Morgantown, Pennsylvania, because of the COVID-19 pandemic. It’s tough times for Barstool Sports founder David Portnoy…

18 March

Venetian, Palazzo Closing ‘As Soon as Possible’ Given COVID-19 Impact

By Liev Jackson Blog • No Comments

The Venetian, The Palazzo, as well as the Sands Expo and Convention Center are closing at least until April 1. The announcement from Las Vegas Sands comes today, just two…

18 March

Nevada Gov. Plans to Issue Shelter-in-Place Advisory for COVID-19 Crisis

By Liev Jackson Blog • No Comments

In stern voice underlying the stakes at hand, Nevada Gov. Steve Sisolak announced Tuesday evening all non-essential businesses – including casinos – would be shut down for the next 30…

18 March

Flutter, William Hill Could Get Government Aid if BGC has its Way

By Liev Jackson Blog • No Comments

The US isn’t the only country considering financial assistance for gaming companies bleeding revenue and halting operations due to the coronavirus. The UK’s Betting and Gaming Council (BGC) is pushing…

18 March

Governors Order Atlantic City, New York Casinos to Close

By Liev Jackson Blog • No Comments

UPDATE (3/17): Connecticut’s Mohegan Sun and Foxwoods have both closed, as have casinos in Delaware Commercial casinos in Atlantic City and New York are being forced to shutter operations tonight…

18 March

Sands Resists Coronavirus Closure Trend, Keeps Palazzo, Venetian Open

By Liev Jackson Blog • No Comments

Las Vegas Sands (LVS) isn’t following some rivals in closing integrated resorts on the Las Vegas Strip because of the novel coronavirus outbreak, vowing to keep the Palazzo and Venetian…

18 March

$5B Grand Lisboa Palace Finished, SJM Holdings Expects 2020 Opening

By Liev Jackson Blog • No Comments

SJM Holdings’ Grand Lisboa Palace, its $5 billion integrated casino resort on the Cotai Strip, has finished construction and is slated to open in the second quarter of 2020. Grand…

17 March

NFL Draft in Las Vegas Canceled due to Coronavirus Outbreak

By Liev Jackson Blog • No Comments

Citing the novel coronavirus pandemic, the NFL said today it will “modify” its plans for the 2020 Draft, meaning Las Vegas won’t host one of the league’s premier events. Citing…

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