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Gaming REITs Can Weather Casino Storm, Says Instinet Analyst

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30 April

Gaming REITs Can Weather Casino Storm, Says Instinet Analyst

By Liev Jackson Blog • No Comments

Gaming and Leisure Properties (NASDAQ:GLPI), MGM Growth Properties (NYSE:MGP) and Vici Properties (NYSE:VICI) comprise the publicly traded universe of domestic gaming real estate assets and those names could be investors’…

30 April

Colorado Sports Betting to Launch Friday with DraftKings, FanDuel

By Liev Jackson Blog • No Comments

Colorado gaming regulators have vowed to launch the state’s sports betting market this Friday, May 1 as planned. This is despite a lack of any sports to bet on and…

29 April

Aristocrat Cuts Many Worker Salaries, Trims Workforce

By Liev Jackson Blog • No Comments

Slot machine provider Aristocrat Leisure is laying off or cutting out over 1,000 employees due to the financial impact from the coronavirus pandemic, according to a company announcement this week….

29 April

Blow for Bookies as France Follows Holland in Abandoning Soccer Season

By Liev Jackson Blog • No Comments

Sports-starved European bookmakers were dealt a fresh blow Tuesday with the news that French soccer will not resume the 2019-20 season. The decision was taken after the country’s prime minister,…

29 April

New Jersey Governor Unveils Reopening Plan, Atlantic City Not Ready

By Liev Jackson Blog • No Comments

New Jersey Governor Phil Murphy (D) unveiled his six-point “Road Back” plan this week to reopen the state. But Atlantic City continues to see a rise in the number of…

29 April

Melco Resorts Warns COVID-19 Is Making it Hard to Forecast Results

By Liev Jackson Blog • No Comments

Melco Resorts & Entertainment (NASDAQ:MLCO) said the coronavirus pandemic is having a material impact on its operations, the bulk of which are in Asia – one of the regions most…

29 April

Judge Blocks Alaska Native Corps From Receiving Coronavirus Funds

By Liev Jackson Blog • No Comments

A federal judge has temporarily halted Alaska Native Corporations (ANC) from accessing $8 billion in COVID-19 relief funding allotted for Native American tribes. Alaska Native Corporations, such as the Olgoonik…

29 April

Wynn EPS Estimates Are All Over the Map, Giving Investors Little Clarity

By Liev Jackson Blog • No Comments

With the coronavirus outbreak still weighing on the gaming industry, it’s not surprising that analysts are divided on how the health crisis is affecting individual operators’ financial results. But when…

29 April

San Manuel Extends Coronavirus Closure a Third Time to May 31

By Liev Jackson Blog • No Comments

San Manuel Casino, one of the giants of Southern California’s tribal gaming landscape, is extending its coronavirus-induced closure for a third time. That’s even as the fatality toll from the…

29 April

Macau Government Continues Work on Casino License Renewal Process

By Liev Jackson Blog • No Comments

The Macau government says it’s continuing to work on how the enclave’s casino license renewal process will play out in 2022, and a public review period is on the way….

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