Covid-19

5th June 2020

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…

28th May 2020

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…

26th May 2020

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…

26th May 2020

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…

21st May 2020

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…

20th May 2020

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…

15th May 2020

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…

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…

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…

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

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…