5082 stories by Todd Shriber
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 of the respiratory illness. After going nearly...
Betting and Gaming Council Pushing Government to Unleash Financial Lifelines for Bookmakers Flutter, GVC, William Hill
The US isn't the only country considering financial assistance for gaming companies bleeding revenue and halting operations due to the coronavirus. The UK's Betting and Gaming Council (BGC) is pushing policymakers there to provide lifelines to a sports wagering industry hammered by...
Macau Facing Ides of March, JPMorgan Forecasts GGR Slide up to 80 Percent This Month
Macau's road back to gross gaming revenue (GGR) normalcy in the wake of the coronavirus pandemic won't be realized this month. Some analysts expect GGR there is tracking as much as 80 percent off year-earlier levels. Through the first half of March,...
Colorado Casinos Join Closure Cavalcade: Eldorado, Full House, Others Set Temp Suspensions
Colorado casinos are following a state-issued order aimed at stemming the spread of the coronavirus, with operators announcing a series of temporary closures that commenced Tuesday morning. The Centennial State, which is home to more than 30 commercial and tribal gaming properties,...
Caesars, MGM Draw on Bank Credit Lines, Cash Becomes King for Fragile Gaming Industry
Caesars Entertainment Corp. (NASDAQ:CZR) and MGM Resorts International (NYSE:MGM) are among the gaming companies scrambling to bring cash onto their balance sheets by accessing revolving credit. That's as the industry wrestles with temporary casino closures across the US because of the coronavirus...
Penn National Slides 45 Percent, Three Others Down More Than 40 Percent as Gaming Stock Bloodletting Continues
On the worst day for US equities since 1987, gaming stocks weren't immune from selling pressure. In fact, the group was one of the worst offenders today, with technology provider Everi Holdings Inc. (NYSE:EVRI) plunging more than 60 percent, while casino operator...
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...
