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1385 results for "lost vegas"
MGM Q1 Results Cramped by COVID-19, Mulls Taking CARES Act Cash
MGM Resorts International (NYSE:MGM) was likely net income negative in the first quarter, excluding one-time items, as revenue tumbled 29 percent because of gaming property closures forced by the coronavirus. The Las...
Players Say Right Call Made to Delay 2020 World Series of Poker Amid COVID-19 Crisis
Poker players across the world are hopeful the biggest event in their game will get to take place later this year. That's after the World Series of Poker (WSOP) announced Monday that...
Macau Mass Market Gaming Accounted for More Than Half of Casino Revenue in Q1
The mass market accounted for more than half of casino revenue in Macau's first quarter, as VIP baccarat play plummeted over 60 percent January through March. Statistics released this week from the...
Tony Bennett, Janet Jackson Still Scheduled to Perform in Couple Months at Foxwoods
Connecticut’s Foxwoods Resort Casino remains closed by the coronavirus pandemic. But the tribal venue is still promoting big-name acts on Facebook who are scheduled to perform in June and July. Among those...
Amid Nevada Unemployment System Chaos, Pro Gamblers Seek Benefits
The Nevada unemployment system isn't effectively able to meet current demand amid the COVID-19 pandemic, causing statewide frustration among the tens of thousands of Nevadans who find themselves out of work. Adding...
Caesars, MGM Could Put the Hurt on Short Sellers if Bulls Seize Control of Market
Broadly speaking, shorting stocks is a winning strategy to this point in 2020, and nowhere is that more true than the travel and leisure industry, a group beset by savage declines at...
Icahn Enterprises Requests Atlantic City Lawsuit Be Dismissed, Claims Trump Plaza Demolition Moving Forward
Icahn Enterprises, the holding company of billionaire Carl Icahn, is asking a New Jersey Superior Court judge to dismiss a lawsuit filed against the company by the Atlantic City government regarding its...
Macau’s April Gaming Revenue May Be Worse Than February And March
Just two days into April, analysts are already saying that gross gaming revenue (GGR) in Macau this month is unlikely to show much improvement relative to the prior two months. In fact,...
Caesars Execs Receive $535K in Stock Awards, Compensation Greatly Reduced by Pandemic
Caesars Entertainment paid out on annual stock awards to several executives this week. But the value of the compensation was much lower due to the economic downfall inflamed by the COVID-19 pandemic....
Senate Unanimously Passes $2 Trillion COVID-19 Relief Bill, Includes Aid for Gaming Companies and Workers
The US Senate late on Wednesday night unanimously passed the third phase of the country’s COVID-19 relief package. They approved a more than $2 trillion stimulus proposal designed to help businesses and...