MGM Resorts CEO Jim Hornbuckle spoke this week with investors about the current state of the company and what casino re-openings might look like in Nevada and Macau. Hornbuckle, who has only been with MGM Resorts since March, painted an optimistic picture and spoke freely of casinos re-opening and travelers walking through their doors, even…
Las Vegas Mayor Carol Goodman wants her town's casinos to re-open as soon as possible and is willing to use casino workers and guests as subjects in a mass epidemiology experiment to do so. Goodman aired her unusual ideas yesterday in an interview with CNN's Anderson Cooper that's garnered plenty of attention for the heretofore…
Wynn Resorts CEO Matt Maddox has an ambitious plan for getting his company's Las Vegas casinos back in business by the middle of May. Maddox's post-COVID-19 lockdown Wynn will look a lot different from any casino Vegas has ever seen and may present a few challenges for the security-minded business. And even his most timid…
Las Vegas Mayor Carolyn Goodman is calling on her state's governor to re-open the casinos and put her city back to work. Las Vegas, America's long-time gambling capitol, has been under a 30-day shutdown order that ends on April 30 (though that date could easily be extended). Goodman, a political independent, is joining a growing…
Caesars Entertainment is furloughing approximately 90 percent of its workforce as the corona virus crisis keeps the world's casinos shuttered. It's a brutal blow for the furloughed staff and had to be an extraordinarily difficult decision for company officials to make. But that, unfortunately, seems to be the reality of life in 2020. News of…
Nevada Governor Steve Sisolak has ordered all of his state's non-essential businesses, including casinos, to close for at least 30 days in an attempt to halt the spread of the COVID-19 virus. This extreme, but essential action, shows exactly how seriously state and federal authorities are taking the growing worldwide pandemic. After all, before this…
As the coronavirus, aka COVID19, spreads around the globes, it's a near certainty that the casino industry will feel a significant impact. That's already happened in Macau, where casino revenues were battered by a 15-day coronavirus-related shutdown. The bad news is continuing as Las Vegas casino stocks are taking a beating over concerns that both…
Shortly after OJ Simpson was released from prison in 2017 after serving nine years in the Nevada State Penitentiary on robbery charges he went to the Cosmopolitan Las Vegas to celebrate. But when he got to the door, the former football legend and alleged double-murderer was denied entry. According to a later TMZ gossip report,…
November 2019 was a record setting month for sports betting in the state of Nevada. The rest of the Silver State's gambling business, however, did not do so well, especially the always mercurial baccarat sector. Is this a sign that sports betting really is the savior of the American gambling business? If it's the savior,…
The Nevada Gaming Control Board (NGCB) is making moves to strip casino mogul Steve Wynn of his coveted Nevada gaming license. It's an action that comes years after allegations of extreme sexual harassment by former Wynn employees. The move is victory for those who demand accountability for sexual misconduct in the workplace, but marks the…
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