US Economic Recession Odds Shorten Because ofCoronavirus Pandemic
The odds of an economic recession in the United States have shortened greatly in recent weeks because of the ongoing spread of the deadly COVID-19 virus. Bettors believe a US…
Coronavirus Ushers In ‘Unprecedented’ Time for US Sportsbooks
This weekend should have been some of the best days on the sports betting calendar. It may be a while before sportsbooks can post full odds boards as almost every…
Genting Credit Outlook Took a Turn for the Worse Brcause of the Coronavirus
The outlook on Genting Bhd’s credit rating, as well as that of its Resorts World Las Vegas LLC, was downgraded to “negative” from “stable” by Standard & Poor’s (S&P), which…
UKGC Clobbers Betway With Record $11.6 Million Fine
Online sports book Betway achieved the dubious honor of becoming the UK’s most robustly punished gambling operator Thursday, as it agreed to pay a record £11.6 million ($14.6 million) fine…
MGM Scraps Buyback Citing Weak Market Caused by Coronavirus
The Las Vegas Strip is awash in cancellations and postponements because of the coronavirus outbreak. But the latest example of such doesn’t involve a convention, meeting, or sporting event. The…