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Todd Shriber
5838 stories by Todd Shriber
Las Vegas Sands, MGM, Wynn, Others Tagged with Negative Credit Outlooks by Standard & Poor’s
Las Vegas Sands (NYSE:LVS), MGM Resorts International (NYSE:LVS), and Wynn Resorts (NASDAQ:WYNN) are among the operators vulnerable to credit downgrades, as the coronavirus imperils the domestic gaming industry, according to new research from Standard &...
Twin River Bolsters Balance Sheet, Prepares for Potentially Long Winter of Casino Closures
Twin River Worldwide Holdings (NYSE:TRWH) is joining rival casino companies in accessing cash, preparing for what could be longer-than-expected gaming property closures. The operator of Rhode Island's two casinos said in a statement out Friday...
Macau Table Game Capacity Up to 80 Percent, But Government Slashes 2020 GGR Forecast in Half
Table games at Macau's casinos are now running at 80 percent capacity following a 15-day closure in February. But the Special Administrative Region's (SAR) road back to normalcy is going to take a while after...
Five San Diego Tribal Casinos Temporarily Closing, Critics Say Native American Suspensions Lag Commercial Rivals
Barona, Campo, Jamul, Sycuan and Viejas – San Diego's five tribal casinos – will begin shutting down Friday morning and will remain closed through the end of March, as some tribes step up efforts to...
Native American Gaming Operators Request $18 Billion as COVID-19 Outbreak Forces Closures Across US
Commercial casino companies aren't the only ones seeing their business evaporate at the hands of the coronavirus outbreak. Tribal operators are in the same boat, and are asking the federal government for an $18 billion...
Macau Says ‘No’ to Visitors From Everywhere but China, Hong Kong, and Taiwan After Coronavirus Case Tally Hits 13
Amid a fresh batch of coronavirus cases this week, Macau is banning travelers from everywhere but China, Hong Kong, and Taiwan from entering the world's largest gaming center in an effort to quash the spread...
NFL Draft Becomes Latest Las Vegas Event to Suffer Coronavirus Cancellation
Citing the novel coronavirus pandemic, the NFL said today it will “modify” its plans for the 2020 Draft, meaning Las Vegas won't host one of the league's premier events. The NFL's decision is the latest...
Pechanga, San Manuel Casinos Close Until April as Coronavirus Saps California Gaming Industry
Pechanga Casino and San Manuel Casino, two California's largest tribal casinos, are closing through the end of this month because of the novel coronavirus outbreak, the latest sign the pandemic is punishing the gaming industry...
MGM Growth Properties Dividend Undaunted by Coronavirus as Company Hikes Payout a Tenth Time
Count MGM Growth Properties (NYSE:MGP) among the companies not allowing the coronavirus pandemic to stand in the way of dividend growth. The gaming real estate investment trust (REIT) said Friday it's increasing its quarterly by...
Cosmopolitan Coronavirus Impact: Blackstone Property Joins Rival Strip Venues in Shuttering Clubs, Restaurants
The Cosmopolitan Las Vegas is joining rival Strip operators in temporarily closing some restaurants in an effort to stem the spread of the novel coronavirus. As of Monday, the Red Plate, Wicked Spoon buffet, Rose....
