MGM Resort Is Reportedly Firing Four Presidents on Vegas Strip
On Friday, a day after MGM Resorts International (NYSE:MGM) reported a first-quarter loss of 45 cents per share on a precipitous 29 percent drop in revenue, investors were treated to…
Eldorado Could Use Some Help in the Loan Market to Seal Caesars Deal
Eldorado Resorts (NASDAQ:ERI) is aiming to have its $17.3 billion takeover of rival Caesars Entertainment (NASDAQ:CZR) wrapped sometime in June, but it could need the leveraged loan market to thaw…
Churchill Downs Offering Simulated Derby with Triple Crown Winners
There are many words that can describe spring weather in Louisville, Ky. The most appropriate would be fickle. So it should not be the least bit surprising that the first…
Station Casinos to Reopen in Phases, ‘Significant’ Layoffs Planned
Station Casinos will resume operations gradually as the company told employees Friday to expect an unspecified number of layoffs, given the impact from the coronavirus pandemic. Station Casinos CEO and…
Michigan’s Island Resort Plans to Reopen Slots, Bingo on Wednesday
Michigan’s Island Resort and Casino is scheduled to reopen slots and bingo on Wednesday morning with multiple health precautions in place at the tribal venue. The state’s commercial casinos remain…