Maryland Takes $60 Million Hit Due to Closure

Maryland’s casinos were closed all of April, for zero revenue compared to $145.2 million in April 2019, and $60 million allotted for the state down the drain. Lottery and...

Published May 11, 2020

PA Casino May Offer Gambling by Appointment

The Wind Creek Bethlehem casino hotel (l.) in Pennsylvania has revealed plans for a phased reopening of the property that would include gambling by appointment as a measure to...

Published May 11, 2020

N.J. Approves Luxor to Run Ocean Casino

Luxor Capital Group, owner of Atlantic City’s Ocean Casino Resort (l.), has been approved to own the property. The hedge fund turned the property around by reducing debt, changing...

Published May 11, 2020

Las Vegas Visitation in a Swoon

Some 1.5 million people came to the beleaguered casino mecca in March, a decline of more than 58 percent from the same month last year. In Las Vegas, the...

Published May 11, 2020

Louisiana Casino Revenue Plunges 61 Percent

Louisiana's 15 riverboat casinos, four racinos and one land-based casino (Harrah’s New Orleans at left) lost 61 percent of revenue in March 2019 compared to March 2020, from $246.4...

Published May 04, 2020

March Deadwood Casino Revenue Drops 20 Percent

The closure of Deadwood, South Dakota casinos in response to the Covid-19 pandemic has resulted in a 20 percent decrease in revenue to $69 million compared to March 2020....

Published May 04, 2020

Pandemic Hits Twin River’s R.I. Properties

The Covid-19 pandemic caused Twin River Worldwide Holdings to close its Rhode Island casinos in Tiverton and Lincoln (l.) on March 14. This has caused a 67 percent decline...

Published May 04, 2020

Covid-19 Threatens AC Financial Stability

Atlantic City faces a bleak future financially as a result of the coronavirus pandemic and its impact on casino revenue and municipal coffers, one tied to the other. State...

Published May 04, 2020

MGM Bolsters Balance Sheet

The gaming giant has raised $750 million in fresh debt to help tide it through the nationwide shutdown. The company says it’s spending $270 million a month to maintain...

Published May 04, 2020

Nevada Casinos Open Uncertain

Nevada Governor Steve Sisolak has turned over responsibility for the opening of the state’s casinos to the Gaming Control Board. But he says the opening won’t be until phase...

Published May 04, 2020

Arkansas Casinos Remain Shuttered

In mid-March, after asking Arkansas health officials about closing the state's three casinos due to Covid-19, Governor Asa Hutchinson ordered the venues to shut down March 17 through April...

Published May 04, 2020

PA Racetracks Prepare to Reopen

The Pennsylvania State Horse Racing Commission is working with representatives of horsemen’s associations on steps to reopen the racing business in the state.

Published May 04, 2020

REITs Feel the Covid-19 Pinch

The real estate investment trusts that have become a common operating structure for casino resorts are feeling the pinch of the worldwide coronavirus shutdown, according to GLPI CEO Peter...

Published May 04, 2020

LVS Will Require Temperature Checks

The Las Vegas Strip giant plans to install thermal cameras at all entry points to its Venetian and Palazzo resorts (l.) and will sequester guests registering temperatures over 100...

Published May 04, 2020

Massachusetts Talks Safe Reopening of Casinos

The regulator responsible for the three casinos operating in the Bay State, the Massachusetts Gaming Commission, has begun talking about what will be required to reopen the facilities that...

Published May 04, 2020

Missouri Casinos May Remain Closed Past May 15

Although Missouri Governor Mike Parson is allowing some businesses to reopen May 4, state Gaming Commission Chairman Mike Leara (l.) said he's not ready to reopen the state's 13...

Published May 04, 2020

Mississippi Casinos Await Go-Ahead

Mississippi casinos, which closed March 16 due to Covid-19, are not ready to reopen, although Governor Tate Reeves (l.) said he'll allow some businesses to reopen with restrictions. The...

Published May 04, 2020

AC Maps Reopening Strategy

Following the lead of Governor Phil Murphy (l.), the casino industry will collaborate with AtlantiCare, the regional health care organization to formulate a plan to re-open the gaming halls....

Published May 04, 2020

Virginia Gaming Bills Finally Passed

Virginia Governor Ralph Northam (l.) signed legislation allowing casinos and sports betting in his state. The Virginia Lottery now must draft sports betting regulations by September 15, meaning sports...

Published May 04, 2020

Illinois City Hopes Insurance Payout Can Cover C-19 Losses

The city of Joliet, Illinois purchased business loss insurance when the then-Empress Casino burned down in 2009. Now officials hope that policy will cover monthly losses of $1.3 million...

Published April 27, 2020