Michigan Tribal Casinos Continue Paying Workers Through April
A Native American group that owns two tribal casinos in northern Michigan, plus a non-gaming resort, will continue paying its workers through at least the end of April despite the…
Cosmopolitan Drops $500,000 Casino Marker Case Against NHL’s Evander Kane
The Cosmopolitan of Las Vegas has dismissed a case against the San Jose Sharks’ Evander Kane that was seeking recovery of $500,000 in unpaid casino markers, The Las Vegas Review-Journal…
Some Nevada Hotels Give Rooms to First Responders, Health Pros
Some Nevada hotels are following the examples of other hotels nationwide and letting first responders and health-care employees working on the coronavirus outbreak stay overnight for free. But many Las…
American Social Distancing Grades Lower, But Nevada Still Receives ‘A’
Americans are becoming restless. The latest social distancing report from a location data research firm reveals many states aren’t doing as well in staying home as they once were. Social…
Wynn Bond Sale Could be Good News for Cash-Starved Rivals
Earlier this week, Wynn Resorts (NASDAQ:WYNN) sold $600 million of corporate notes coming due in 2025 with at an interest rate of 7.75 percent in a private offering, a transaction…
Parx to Furlough More Than 2,200 Workers From COVID-19 Outbreak
Workers at Pennsylvania’s largest casino will be temporarily laid off starting on Monday. According to the state Department of Labor and Industry, Parx Casino and Racing will layoff more than…
COVID-19 Pandemic Leads LVCVA to Slash Budget
The Las Vegas Convention and Visitors Authority (LVCVA) is likely to drastically cut its operating budget by millions of dollars and delay some key capital projects due to financial shortfalls…
Coronavirus-Related Casino Closures Take a Toll on Indiana, City Budgets
Indiana reported its March gaming figures on Thursday, and revenues plummeted, as expected thanks to the COVID-19 outbreak forcing the closure of the state-licensed casinos for the last half of…
Sports Fans Polled Won’t Feel Safe at Games Before Coronavirus Vaccine
Nearly three in four sports fans say they would not feel safe attending a game or event until a vaccine for the COVID-19 disease has been developed. Tickets might be…
Wynn Is Still Losing Money, Company Expects Big Q1 EBITDA Decline
Wynn Macau continues losing money, although casinos in the world’s largest gaming center are open for business. The company expects the cash burn will continue as long as protocols implemented…