4982 stories by Todd Shriber
Macau Says New Coronavirus Case Confirmed, First Since February Shutdown
A new case of the novel coronavirus was confirmed Sunday in Macau, the Special Administrative Region's (SAR) first since early February. The SAR's Novel Coronavirus Response and Coordination Centre said earlier today that the patient is a 26-year-old South Korean female who...
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 in a series of glum news stories...
Las Vegas Sands Keeping Palazzo, Venetian Open as Rivals Shutter Strip Casinos Amid COVID-19 Pandemic
Las Vegas Sands (LVS) isn't following some rivals in closing integrated resorts on the Las Vegas Strip because of the novel coronavirus outbreak, vowing to keep the Palazzo and Venetian open while not laying off workers. News that the two of Sin...
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 across the US. Pechanga, which is operated...
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 half a cent to 47.5 cents a...
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. Rabbit. Lie., Overlook Grill, and Va Bene...
Monarch Casino Stock Soars After Analyst Says Baby Is Being Thrown Out With Bathwater
Monarch Casino & Resort (NASDAQ:MCRI) joined other gaming equities in rebounding Friday, soaring 12.58% after an analyst said the stock's recent slide is the epitome of “throwing the baby out with the bathwater.” That's an old Wall Street saying referring to quality...
Golden Entertainment Stock Sags, But Exec Sees Coronavirus Impact not Proportionate to Equity Valuation
Golden Entertainment, Inc. (NASDAQ:GDEN) is following other gaming stocks to the downside Friday after the Strat operator reported a fourth-quarter loss of 28 cents a share, above the consensus estimate of 20 cents. The company reported revenue of $242.13 million for the...
PointsBet Dips Below IPO Price as Sports Postponements Mount, Company Allays Liquidity Concerns
PointsBet Holding Ltd. (ASX:PBH), the Australian bookmaker with significant US exposure, saw its stock briefly slide below its initial public offering (IPO) price during Sydney trading Friday. That's as investors grow increasingly concerned about the spate of athletic leagues and events that...
MGM Resorts’ Latest Cancellation Is Its Own Share Buyback Program
The Las Vegas Strip is awash in cancellations and postponements because of the coronavirus outbreak. But the latest example of such doesn't involve a convention, meeting, or sporting event. Rather, it pertains to MGM Resorts International (NYSE:MGM) scrapping a previously announced $1.25...
