Casino
State of the Union: Colorado, Nevada, MGM and more
This week’s state of the Union, in partnership with Segev LLP, covers the launch of sports betting in Colorado, restrictions on Nevada casinos when they…
Impairment charges hit Penn National bottom line in Q1
Penn National Gaming (PNG) has posted a loss of $608.6m for the first quarter of 2020, primarily due to impairment charges and the shutdown of…
CANJ and AtlantiCare collaborate on reopening NJ casinos
The Casino Association of New Jersey (CANJ) and healthcare system AtlantiCare will work together to create a “comprehensive plan” to reopen casinos in Atlantic City…
MGM revenue falls but property sales increase profits in Q1
MGM Resorts’ revenue fell 29.1% to $2.25bn for the first quarter of 2019 due to the effects of the novel coronavirus (Covid-19), but the operator’s…
Boyd slips to loss in Q1 after Covid-19 closures
Boyd Gaming slipped to a loss for the first quarter in 2019, as the closure of all its venues due to the novel coronavirus (Covid-19)…
Caesars launches assistance fund for staff and communities
Caesars Entertainment has launched a new assistance fund to support staff and local communities across the US negatively impacted by the outbreak of novel coronavirus…
WSOP 2020 postponed amid Covid-19 pandemic
Organisers of the World Series of Poker (WSOP) have announced that the 2020 edition of the tournament will be postponed due to the global outbreak…
PA gambling revenue halves in March amid Covid-19 shutdowns
The Pennsylvania Gaming Control Board (PGCB) saw gambling revenue in the state more than half in March due to the widespread shutdown of casinos and…
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Read now!NJ sports betting revenue down as igaming soars
The New Jersey Division of Gaming Enforcement has reported a 58.4% year-on-year decline in sports betting revenue in March, primarily due to the widespread shutdown…
State of the Union: Michigan, NY, SBTech, Nevada and more
This week’s state of the union, in partnership with Segev LLP, includes Michigan’s first sports betting figures, while sportsbooks in New York bounced back from…
Boyd Gaming places majority of staff on unpaid furlough
Land-based gambling operator Boyd Gaming has set out a number of additional measures to mitigate the financial impact of the novel coronavirus (Covid-19) pandemic, including…
Michigan sports betting revenue hits $105,548 in debut month
Commercial casinos in Detroit, Michigan, generated $105,548 in retail sports wagering revenue during the few days legal betting in March, before sporting events and casino…
Caesars furloughs 90% of staff over Covid-19 shutdown
Caesars Entertainment Corporation has announced that it has furloughed around 90% of its total workforce in response to the temporary shutdown of its casino properties…
Illinois extends gambling suspension to April 30
The Illinois Gaming Board has announced that a temporary suspension on brick-and-mortar gambling in the state due to the ongoing novel coronavirus (Covid-19) crisis will…
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