Month: March 2020
Sands donating 2 million medical masks, 20,000 protective suits to relief efforts in NY, Nevada
Las Vegas Sands is donating 2 million medical masks and 20,000 protective suits to help health-care providers, first responders, and... more
The United States Igaming Revenue Report – February 2020
An overview of igaming revenue in Pennsylvania, New Jersey, and Delaware, the three states where igaming has launched in the US.... more
Murren-led private sector task force raises $4M, secures medical equipment for Nevada coronavirus battle
A Nevada private sector task force headed by former MGM Resorts executive Jim Murren raised $4 million “in less than 48 hours” and has been... more
Scientific Games furloughs workers, cuts pay to help company ‘weather’ coronavirus crisis
Gaming equipment giant Scientific Games said Monday it was furloughing an undisclosed number of employees, reducing pay and work hours for... more
Betting in the Face of COVID-19: an online event dedicated to operating a betting business during the pandemic
The high-speed spread of the COVID-19 coronavirus has led to restricting measures in many countries. Quarantine, closing of entertainment... more
Industry leaders hopeful federal aid package will persuade gaming employee retention
For many casino industry employees, Tuesday might be their last day with a paycheck for the foreseeable future. Industry leaders and... more
Analysts: Sale of Tropicana Las Vegas is ‘found money’ for Penn National
Analysts said Penn National Gaming gave itself some financial breathing room by selling the Tropicana Las Vegas to a real estate investment... more
Penn National sells Tropicana Las Vegas, will furlough 26,000 employees on Wednesday
Penn National Gaming said Friday it was selling the Tropicana Las Vegas resort and a planned casino in Pennsylvania to its primary real... more
MGM Resorts says it has enough liquidity to ‘weather’ the pandemic and ‘rebound’ from the downturn
MGM Resorts International said Friday the casino giant believes it has a “strong liquidity position” to “weather this downturn and... more
Boyd Gaming will continue to pay employees through April 10
Boyd Gaming Corp. told its roughly 25,000 employees across the country Friday it would pay full-time and part-time workers through April... more
