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…