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Amid Nevada Unemployment System Chaos, Pro Gamblers Seek Benefits
The Nevada unemployment system isn't effectively able to meet current demand amid the COVID-19 pandemic, causing statewide frustration among the tens of thousands of Nevadans who find themselves out of work. Adding...
Caesars, MGM Could Put the Hurt on Short Sellers if Bulls Seize Control of Market
Broadly speaking, shorting stocks is a winning strategy to this point in 2020, and nowhere is that more true than the travel and leisure industry, a group beset by savage declines at...
Icahn Enterprises Requests Atlantic City Lawsuit Be Dismissed, Claims Trump Plaza Demolition Moving Forward
Icahn Enterprises, the holding company of billionaire Carl Icahn, is asking a New Jersey Superior Court judge to dismiss a lawsuit filed against the company by the Atlantic City government regarding its...
Macau’s April Gaming Revenue May Be Worse Than February And March
Just two days into April, analysts are already saying that gross gaming revenue (GGR) in Macau this month is unlikely to show much improvement relative to the prior two months. In fact,...
Caesars Execs Receive $535K in Stock Awards, Compensation Greatly Reduced by Pandemic
Caesars Entertainment paid out on annual stock awards to several executives this week. But the value of the compensation was much lower due to the economic downfall inflamed by the COVID-19 pandemic....
Senate Unanimously Passes $2 Trillion COVID-19 Relief Bill, Includes Aid for Gaming Companies and Workers
The US Senate late on Wednesday night unanimously passed the third phase of the country’s COVID-19 relief package. They approved a more than $2 trillion stimulus proposal designed to help businesses and...
Connecticut Tribal Casinos Donate Tons of Food to Needy, Newly Unemployed
Connecticut’s Foxwoods and Mohegan Sun are among the many shuttered Native American gaming properties which are donating multiple pallets of food to the needy, especially those who recently lost jobs because of...
Marina Bay Sands Could Experience Singapore Slump as Coronavirus Closures Take Hold
Marina Bay Sands (MBS) and Singapore's other marquee tourist attractions could be in for some near-term pain, as the city-state implements border closures at 11:59 p.m. local time Monday to prevent further...
Casinos Across America Assisting in COVID-19 Pandemic Response
Casinos throughout the country are closed. But that isn't stopping some of the gaming companies from assisting local communities in their response to the COVID-19 pandemic. MGM Resorts stock continues to plummet,...
Caesars Shuts Down All North American Venues For COVID-19 Outbreak
After governors in several states had already issued orders to temporarily close casinos because of the COVID-19 coronavirus, Caesars Entertainment Corp. announced late Tuesday that it would shut down all the properties...