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Small Casinos Score Big Win, Companies Eligible for Payroll Protection

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25 April

Small Casinos Score Big Win, Companies Eligible for Payroll Protection

By Liev Jackson Blog • No Comments

Small casinos can now apply to receive funds through the Small Business Administration’s Payroll Protection Program (PPP) after the agency issued new regulations. Small casinos are now eligible for the…

25 April

Monarch Casino Is a Winnking Regional Bet, Says Analyst

By Liev Jackson Blog • No Comments

Monarch Casino & Resort (NASDAQ:MCRI) is one of the smallest publicly traded gaming companies by market value – just $496 million – but it has massive upside potential in the…

25 April

Moody’s Maps ‘Painful’ Recovery for US Gaming Industry Post-Pandemic

By Liev Jackson Blog • No Comments

Moody’s Investor Services said Thursday that once the US casino industry reopens, it will take a year to begin generating just 30 percent of its 2019 levels. After just over…

24 April

Hornbuckle Says MGM Casinos Will Change in Post-COVID-19 World

By Liev Jackson Blog • No Comments

MGM Resorts International’s new leader said in a video message to employees Tuesday to expect changes to how the Las Vegas-based company’s casinos will operate once they’re given the green…

24 April

Wynn Las Vegas to Remain Closed Until May 22, Says Facebookk Post

By Liev Jackson Blog • No Comments

A post on the Wynn Slots Facebook page indicates the company’s Las Vegas integrated resort will remain shuttered through May 22, as the city contends with the impact of the…

24 April

Tiger Woods, Peyton Manning Favored Against Phil Mickelson, Tom Brady

By Liev Jackson Blog • No Comments

Tiger Woods and Peyton Manning are the favorites in a charity golf match against their sport rivals Phil Mickelson and Tom Brady. The event is set to take place next…

24 April

MGM Probably Posts Q1 Loss, Considers Taking CARES Act Cash

By Liev Jackson Blog • No Comments

MGM Resorts International (NYSE:MGM) was likely net income negative in the first quarter, excluding one-time items, as revenue tumbled 29 percent because of gaming property closures forced by the coronavirus….

24 April

Hard Rock International CEO Jim Allen Gives Grim Outlook for Casinos

By Liev Jackson Blog • No Comments

Hard Rock International CEO Jim Allen says it will take a least a year for the company’s businesses to recover once they’re allowed to reopen. Hard Rock boss Jim Allen…

24 April

Las Vegas Sands Is Confident on Asia Rebounding, Analysts Like That

By Liev Jackson Blog • No Comments

Las Vegas Sands (NYSE:LVS) reported first-quarter results Wednesday afternoon, and while the numbers were unattractive, they weren’t as ugly as Wall Street expected. Moreover, confident tones sounded by executives are…

24 April

Phil Ruffin Readying His Las Vegas Casinos to Reopen May 15

By Liev Jackson Blog • No Comments

Billionaire Phil Ruffin plans to reopen his Las Vegas casinos, Treasure Island and Circus Circus, on May 15. But the odds seem long that gaming will be permitted to resume…

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