Penn National Extends Surival Time Line With Tropicana Deal
Penn National Gaming (NASDAQ:PENN) said last Friday it’s selling the real estate assets of the Tropicana Las Vegas and the ground lease of an asset in Morgantown, Pa. to Gaming…
Detroit Casinos Halt Worker Pay This Week, Extend Benefits Through June
The three Detroit casinos – MGM Grand Detroit, MotorCity, and Greektown – said pay will stop this week for their workers because of the state mandated shutdown, but benefits will…
Former MGM Resorts CEO Jim Murren Gives Nevada Coronavirus Update
Jim Murren, the former CEO of MGM Resorts who expedited his planned resignation from the casino company earlier this month to head the Nevada COVID-19 task force, provided an update…
Nurmagomedov May Not Make UFC 249 But Dana White Pushes Forward
UFC President Dana White says the show must go on. But now it appears UFC 249 may go on without one of its star combatants. UFC lightweight champion Khabib Nurmagomedov…
Coronavirus Risk Latest Reason to Ban Slot-Like Machines in Missouri
UPDATE: The Missouri Department of Health and Senior Services has banned using slot-like machines and other coin-operated devices located in gas stations and similar venues, according to the St. Louis…
Mashpee Wampanoag Lose Massachusetts Reservation after Order
The Mashpee Wampanoag are now highly unlikely to build their proposed casino in Taunton, Massachusetts, given that the tribe’s reservation recently was ordered “disestablished” by the Department of Interior under…
MGM Doesn’t Plan to Access Fed Coronavirus Relief Loans
Grappling with the financial impact of all of its domestic gaming operations being temporarily halted because of the coronavirus outbreak, MGM Resorts International (NYSE:MGM) doesn’t plan to tap the $454…
ESPN College Football Analyst Herbstreit Has Doubts About 2020 Season
It’s been nearly three weeks since all major sports came to a standstill in the United States as a result of the novel coronavirus rapidly spreading across the country, and…
Washington Tribe Donates $750K to Pandemic Relief Efforts
Washington state has more than 3,200 confirmed cases of COVID-19, with 147 residents dead form the disease. Area tribes have closed their casino resorts, and are instead assisting in the…
Penn National to Sell Tropicana Property for Credits, Workers Furloughed
Penn National Gaming announced Friday it is selling its Tropicana Las Vegas’ buildings and acreage in exchange for $337.5 million worth of “rent credits” as it faces the grim economic…