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Henderson Councilwoman Declares Coronavirus ‘Mission Accomplished,’ Urges Economic Reopening
Henderson Councilwoman Michelle Romero (Ward 1) believes the city has successfully contained COVID-19, and it's time to get the local economy back up and running. Romero wrote Henderson Chamber of Commerce CEO...
Wynn Q1 Loss Wider Than Estimates, Revenue Tops Forecasts, Dividend ‘Temporarily’ Suspended
Hamstrung by closures stemming from the global coronavirus pandemic, Wynn Resorts (NASDAQ:WYNN) reported a first-quarter loss of $3.77 a share, as revenue plunged 42.3 percent to $953.7 million. Analysts expected the Encore...
MGP Says Lone Tenant MGM Resorts Paid All April Rent, Doesn’t Expect Interruptions
MGM Growth Properties (NYSE:MGP) reported first-quarter results earlier Tuesday. But the most important takeaway may just be that the company's lone tenant – MGM Resorts International (NYSE: MGM) – paid all of...
Reports Claim Feds to Grant Early Prison Release for Legendary Sports Bettor Billy Walters
Billy Walters, a well-known sports bettor currently serving five years for insider trading, will be released from federal prison, according to media reports. That could happen as soon as this weekend. George...
Tokyo Expected to Enter Integrated Resort Bidding, Alter Casino Operators’ Proposal Strategies
Tokyo is expected to soon announce its candidacy to land one of Japan's three forthcoming integrated resorts (IR), and analysts say that will overhaul the bidding strategies for casino operators. Osaka and...
Nevada Gaming Control Board Issues Memo on Reopening Casinos, Offers No Restart Date
The Nevada Gaming Control Board released a six-page memo outlining procedures for reopening casinos in the state, but didn’t venture a guess on when they might be back open for business. The...
MGM Q1 Results Cramped by COVID-19, Mulls Taking CARES Act Cash
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. The Las...
Players Say Right Call Made to Delay 2020 World Series of Poker Amid COVID-19 Crisis
Poker players across the world are hopeful the biggest event in their game will get to take place later this year. That's after the World Series of Poker (WSOP) announced Monday that...
Macau Mass Market Gaming Accounted for More Than Half of Casino Revenue in Q1
The mass market accounted for more than half of casino revenue in Macau's first quarter, as VIP baccarat play plummeted over 60 percent January through March. Statistics released this week from the...
Tony Bennett, Janet Jackson Still Scheduled to Perform in Couple Months at Foxwoods
Connecticut’s Foxwoods Resort Casino remains closed by the coronavirus pandemic. But the tribal venue is still promoting big-name acts on Facebook who are scheduled to perform in June and July. Among those...