Gaming Today

KonekTV on the move helping books with wagering info

As of December 2019, sports betting is regulated in 16 U.S. states, with enabling laws passed in another four states and legislation to authorize wagering on games pending in three other states. The rapid legalization of sports betting since the U.S. Supreme Court overturned the federal ban in May 2018, has led to several mergers […]

Eldorado, Caesars await merger approval

While the coronavirus is keeping the doors to casinos across the country closed, it’s not stopping gaming companies from doing business. Eldorado Resorts and Caesars Entertainment have sold three casinos at a discounted rate as the two companies seek approval from state and federal regulators for their $17.3 billion merger. The deals with Twin River […]

Nevada revenues decline in March

The Nevada Gaming Control Board reported Wednesday that the state’s licensed casinos won $618.12 million in March, a 39.57 percent decline compared to the same month a year ago. The closure of the state’s casino business on March 17 to stem the spread of the coronavirus pandemic has negatively impacted win totals for the fiscal […]

REITs juggle to stay afloat during crisis

Real estate investment trusts (REITs) have become a prominent operating structure in the gaming industry in recent years, as more than five dozen regional casinos are now owned by REITs. But the coronavirus outbreak has forced them to withdraw their 2020 earnings guidance. The first REIT was formed by Penn National Gaming, which spun off […]

Paycheck protection program help for casinos?

After complaints from industry lobbyists and lawmakers in Congress, the Small Business Administration has revised a controversial rule that blocked small gaming companies from applying for federal loans to make payroll while their companies are closed due to the coronavirus outbreak. The SBA Tuesday issued revised interim regulatory guidelines that allow small businesses that derive […]

Casino industry hopeful stimulus package helps

The U.S. House of Representatives was set to approve Friday a massive stimulus package to help businesses and employees furloughed or laid off by the spread of the coronavirus pandemic.   The vote comes after the Senate late Wednesday passed a $2 trillion coronavirus bill, which is the largest economic intervention in U.S. history.  Check Out […]

Las Vegas faces billion-dollar blackout

Nevada’s Governor Steve Sisolak on Tuesday ordered all nonessential businesses, including casinos, to close for 30 days in an effort to stem the outbreak of the coronavirus that has infected dozens of residents statewide. “In consultation with (Nevada) Gaming Control Board chair Sandra Douglas Morgan, I announce that all gaming machines, devices, table, games and […]

Station Casinos to remain open in downsized version

Station Casinos, a division within Red Rock Resorts, announced on Monday a series of operational changes to bring the company in line with Gov. Steve Sisolak’s new guidelines. In a memo to all employees, Station Casinos said the changes include all slot machines are to be cleaned and sanitized at a minimum of every two […]

Vegas casinos on high alert for Corona outbreak

Seven days a week, 365 days a year, tourists come and go from the Las Vegas Strip. But over the past few weeks, it seems fewer visitors, especially those from Asia, are willing to travel here, especially after the U.S. government restricted travel from China and other nations in response to the growing coronavirus outbreak. […]

Boyd, FanDuel deal bringing in new customers

Boyd Gaming Corp. says a deal with FanDuel, and its owner Flutter Entertainment, is helping attract new customers to its casinos. FanDuel offers sports betting in partnership with the Las Vegas-based gaming company in casinos in several states, including Indiana, Iowa and Pennsylvania.  Check Out More Industry News Here “The strong underlying trends, we are […]