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New Jersey Pennsylvania iGaming

New Jersey, Pennsylvania See iGaming Take Off But COVID-19 Still Costs States Millions in March Gaming Tax Revenues

Not surprisingly, the COVID-19 outbreak caused casino and sports betting March revenues in New Jersey and Pennsylvania to crater. However, unlike most other states...

Steve Bittenbender April 17, 2020

Las Vegas Sands Dividend Damned by Coronavirus, Adelson Says Balance Sheet Is Strong

Las Vegas Sands (NYSE:LVS), the largest US gaming company by market value, is suspending its dividend, citing the adverse impact the coronavirus outbreak is...

Todd Shriber April 16, 2020

MGM Credit Rating Confirmed by Moody’s, but Outlook Cloudy With Chance of Downgrade

MGM Resorts International's (NYSE:MGM) credit rating was confirmed at “Ba3” by Moody's Investors Service. But that confirmation came with a “negative” outlook, indicating the...

Todd Shriber April 14, 2020