Covid-19
Operators begin to reopen Las Vegas casinos
A number of US casino operators have begun to reopen their properties in Las Vegas, Nevada, after a period of temporary closure due to the…
This time is not different: Covid-19 from an investor’s lens
iGB North America’s investment columnist Mohit Kansal has shifted from the sports betting investment series to discuss the impact of the novel coronavirus on the…
NV governor sets target date for casino reopenings
Nevada governor Steve Sisolak has set a target date of 4 June for the reopening of the state’s casinos. All casinos in the state were…
Twin River reopens Hard Rock Biloxi Casino
Twin River Worldwide Holdings’ Hard Rock Biloxi Casino in Mississippi reopened on May 21, joining other major casinos in the state in resuming activities following…
AGA appeals for reform of jackpot tax reporting threshold
The American Gaming Association (AGA) has urged the US government to raise the slot jackpot reporting threshold, which requires machines to be temporarily taken out…
LV casinos partner hospital to coordinate Covid-19 testing
Las Vegas casinos have partnered the University Medical Center of Southern Nevada (UMC), the Culinary Health Fund and the Las Vegas Convention Center to test…
DraftKings losses widen further in Q1 despite revenue growth
DraftKings and SBTech both saw revenue grow in the first quarter of 2020, but combined losses widened to $74.0m in the pair’s last full quarter…
Full House slips to Q1 loss after Covid-19 revenue hit
Full House Resorts became the latest land-based operator to see its bottom line heavily impacted by novel coronavirus (Covid-19), as Q1 revenue fell 24.7% to…
State of the Union: NJ, Scientific Games, Caesars, IN and more
This week’s State of the Union, in partnership with Segev LLP, includes quarterly financial results from some of the US casino industry’s largest operators and…
Eldorado Resorts swings to Q1 loss amid Covid-19 shut-down
Casino operator Eldorado Resorts posted a $175.6m net loss for the first quarter of 2019 after a strong start to the period was hindered by…
Loto-Québec begins reopening of lottery retail network
Canadian provincial lottery operator Loto-Québec has begun to resume retail sales of its lottery product at certain venues throughout Québec. Beginning yesterday (4 May), Loto-Québec…
Nevada casinos limited to 50% occupancy after reopening
Casinos in Nevada must limit the number of players in their facilities and at gaming tables in order to prevent transmission of novel coronavirus (Covid-19)…
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…