Writer: Howard Stutz
Updated: Wynn Resorts spending $3.5M a day to pay employees; company seeks $600M in financing
Wynn Resorts said in a securities filing Tuesday it is spending roughly $3.5 million a day to pay its 15,000 employees salary and benefits... more
Nevada Gaming Commission Chairman Tony Alamo stepping down at the end of April
Tony Alamo Jr., a Las Vegas physician who has served as chairman of the Nevada Gaming Commission since 2014, said Tuesday he will not seek... more
‘Open for Business?’ Don’t expect busy gaming floors when the casino industry restarts
Even if the gaming industry were to receive the all-clear tomorrow to reopen casinos and resorts closed by the coronavirus pandemic, there... more
Gaming stocks experience a boost through 7% increases on NYSE and Nasdaq
The stock markets had one of their best days in the past few weeks on Monday, giving shares in the gaming sector a very welcome lift. The... more
Analyst: Coronavirus casino closures, CEO change have caused ‘investor confusion’ with MGM
Fairly or unfairly, MGM Resorts International has captured the investment community’s attention during the COVID-19 coronavirus pandemic.... more
If you have to bet on ‘Tiger King,’ you have a gambling problem
The expansion of regulated sports betting in the U.S. over the past two years was considered a knife through the heart of the... more
Nevada task force raises $10 million, continues to secure medical supplies to deal with coronavirus spread
Nevada’s private sector task force raised more than $10 million in the past week to assist community organizations throughout the state in... more
AGA: SBA forgivable loan guidelines leave out small gaming companies
The American Gaming Association said Friday that small gaming companies were precluded from the interim regulatory guidelines issued by the... more
Coronavirus impact: Caesars says it is furloughing 90% of its nationwide workforce
Caesars Entertainment said late Thursday that it would furlough 90% of its total workforce, including property-level employees and... more
‘Conventional logic’ puts $17.3B Eldorado-Caesars deal ‘on track to close’
The Nevada Gaming Control Board will not consider the $17.3 billion merger between Eldorado Resorts and Caesars Entertainment at the... more
