Coronavirus

15th May 2020

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…

14th May 2020

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…

13th May 2020

MGM Resorts reveals safe reopening plans for US casinos

MGM Resorts has set out a new strategy for safely reopening its casinos, having been forced to close venues in March due to novel coronavirus…

12th May 2020

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…

7th May 2020

Wynn slips to loss in Q1 due to Covid-19 closures

Casino operator Wynn Resorts has put a net loss of $402.0m in the first quarter primarily down to the temporary closure of its sites in…

5th May 2020

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…

4th May 2020

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)…

1st May 2020

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…

1st May 2020

Nascar sets out plans to resume racing on May 17

Organizers of the Nascar motor-racing series have announced plans to resume racing on 17 May with a Nascar Cup Series event at the Darlington Raceway…

1st May 2020

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…

29th April 2020

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)…

28th April 2020

PointsBet Q3 revenue more than doubles due to US, Aus growth

PointsBet took in net win revenue of AUD$18.7m (£9.7m/€11.2m/US$12.2m) in the third quarter of its fiscal year, up 139.7%, as its business in both Australia…

27th April 2020

AGA claims victory after PPP eligibility amendment

The eligibility requirements for the Paycheck Protection Program (PPP) have been amended to allow small gambling businesses to benefit from the fund, following an intense lobbying effort…

27th April 2020

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…