These Are The Major Casino Projects That Were Halted Because Of COVID-19
The COVID-19 crisis compelled several casino-related projects across the U.S. to halt construction. Some of these projects are back on track for now, while others still sit dormant as the pandemic enters its fifth month. The following list looks at a few big-money casino ventures forced to put construction on pause due to the COVID-19 […]
States Look to Mobile Sports Betting as Revenue Source in Wake of Pandemic
Sports betting has slowly spread across the country since a U.S. Supreme Court ruling opened the door to legalization outside Nevada in 2018. Yet the one aspect of sports betting that is still limited is mobile. Fully mobile sports betting* is only available in six of 22 states that have regulations in place. With the […]
Atlantic City’s Final Holdout, the Borgata Casino, to Reopen July 26
Atlantic City’s most profitable casino resort, the Borgata, has announced it will resume business on Sunday, July 26, more than three weeks after New Jersey’s other eight casinos reopened. In response to the coronavirus pandemic, N.J. Gov. Phil Murphy issued an executive order ordering casinos to close on March 16. July 2 was the first […]
Could a Nationwide Resurgence in COVID-19 Cases Force Casinos to Close Again?
The coronavirus pandemic is raging worse than ever, with record numbers of new infections being recorded daily across the U.S. and the total number of cases now exceeding 3 million. That could soon cause a huge dilemma for casinos: defy public health warnings and stay open in order to recoup a sliver of the billions […]
Bellagio Freezes Over $200,000 in Payouts Linked to Disastrous Sportsbook Error
A misprint caused what might be the largest sports betting loss in Las Vegas history. The Bellagio is refusing to pay most of the tickets, however, as MGM waits for the results of a Nevada Gaming Control Board investigation. The situation happened early morning on June 28, involving nearly $250,000 in bets for Korean Baseball […]
Will There Be New Team Names for the Indians and Redskins?
The debate over the divisive Washington Redskins nickname restarted over the weekend as sponsors put pressure on the NFL franchise to change their mascot. Another team with a nickname that has come under fire over the years, MLB’s Cleveland Indians, also issued a statement declaring they will “determine the best path forward with regard to […]
Where US Casinos Stand On Reopening Plans
The COVID-19 pandemic forced US states to order shutdowns of non-essential businesses in mid-March. The U.S. hosts nearly 1,000 commercial and tribal casinos, and all of them ceased operations in the midst of the pandemic crisis. Live casinos began reopening in some states as early as May, and as of July 1 most of the […]
Las Vegas Casinos Rolling Out Cashless Gaming
Life as we know it is changing drastically due to the pandemic, and Nevada casinos are among the many businesses in the midst of a titanic shift. Cashless gaming is set to become a reality in the state after the Nevada Gaming Commission approved several amendments last week. Why is Cashless Gaming Now an Option? […]
Golden Nugget’s Online Casino Business Is Going Public
In a landmark move for the online casino industry, Landcadia Holdings II, Inc. announced plans this week to take Golden Nugget Online Gaming public. Golden Nugget Online Gaming owner Tilman Fertitta and Landcadia II, a special purpose acquisition company backed by Fertitta Entertainment, Inc. and Jefferies Financial Group Inc., announced the plans earlier this week […]
New Jersey Casinos Will Reopen July 2 As U.S. Coronavirus Cases Surge
New Jersey casinos will open their doors on Thursday, as long as they follow certain guidelines. This past week, Gov. Phil Murphy laid out the requirements for companies to follow, saying COVID-19 cases were under control in the state, even as cases raging across parts of the country have prompted backtracking on reopening. “We have […]