Category: Other
GLPI pulls $530M from its credit line; gaming stocks buck market trends and jump in value
Real estate investment trust Gaming and Leisure Properties told investors Monday it withdrew more than $530 million from its revolving... more
100 percent: Every one of the nation’s commercial casinos will be closed by Wednesday
All of the nation’s commercial casinos – 465 total – will be closed by Wednesday in an effort to halt the COVID-19 coronavirus spread, the... more
MGM Resorts pledges $1M for employee emergency fund, donates equivalent of 400K meals to food banks
MGM Resorts International said Monday it was donating $1 million to its emergency relief fund to assist employees for short-term relief as... more
Jim Murren appointed by governor to lead Nevada’s coronavirus economic recovery
Shortly after his departure became official Sunday, former MGM Resorts International CEO Jim Murren landed in a new role – helping Nevada’s... more
Oklahoma tribal gaming leaders confirm state’s entire casino market is closed
Officials with Oklahoma Indian Gaming Association said Monday that all of its tribal members have closed their casinos temporarily in an... more
IGT names new CFO; announces several board changes
Gaming equipment provider International Game Technology named Massimiliano “Max” Chiara as chief financial officer Monday. He was also... more
Updated: Bill Hornbuckle named acting CEO of MGM Resorts to ‘provide continuity of leadership’ during coronavirus crisis
MGM Resorts International named company president Bill Hornbuckle as acting CEO of the casino giant Sunday, replacing Jim Murren, who... more
Coronavirus fears drive down shares of gaming REITs over potential tenant bankruptcy
Analysts expressed surprise that gaming-centric real estate investment trusts suffered steep declines when the markets crashed in the last... more
Nevada analysis: Gaming recovery from pandemic will take more than a year, costing $39 billion
Nevada’s leading gaming industry trade organization said the recovery time from a 30-to-90-day shutdown of all tourism activities due to... more
Strip casinos closed but coronavirus has not stopped more than $7 billion in tourism projects
Coronavirus closed the Strip, but the pandemic hasn’t shut down the Las Vegas tourism industry’s largest construction projects. Development... more
