Business
June 10, 2020
Encore At Wynn and Resorts World Las Vegas Apply for the Loop
Resorts World Las Vegas has joined Wynn Resorts in its attempt to secure a stop on the Loop, the new system of tunnels that starts from the Las Vegas Convention Center. The new casino resort that is scheduled to open doors in the summer of 2021 has submitted a plan to Clark County seeking approval. […]
Casino
May 28, 2020
Wynn and MGM Vow to Reopen Properties on June 4 in Nevada
With Nevada’s phased reopening plans pushing ahead, Wynn Resorts Ltd. and MGM Resorts confirmed on Wednesday that their Nevada properties will restart operation on June 4. Wynn and MGM Confirm Reopening Date for June 4 With the world reshaped completely by the COVID-19 outbreak, the gambling industry is preparing to go back to the new […]
Casino
May 15, 2020
Massachusetts Regulator Extends Closure, State Casinos to Re-Open Last
The Massachusetts Gaming Commission unanimously voted Wednesday to extend casino closures to the three state casinos, pushing a potential re-opening date to June 1, mainly following the guidance from St. Gov. Charlie Baker, but casino operators in Massachusetts may not be in a hurry to re-open for business. Gloomy Picture Ahead Representatives of the three […]
Casino
April 26, 2020
Gaming Regulator in Massachusetts Turns to Macau Experience for Re-Opening of Casinos
Massachusetts Gaming Commission started researching in detail what the process of re-opening the state casinos would require in terms of safety measures, based on the experience from casino-operating companies in Macau. Closure Period Not Over Yet Casinos in Massachusetts have been shut since St. Gov. Charlie Baker has issued his order March 15, to close […]
Business
April 8, 2020
Wynn Spends $3.5M a Day to Keep Employees in COVID-19 Outbreak
The novel coronavirus (COVID-19) pandemic has brought the majority of casino operations to a halt in the United States, putting unprecedented pressure on business. However, Wynn Resorts has decided to keep on paying its 15,000 employees through May 15. The company is spending $3.5 million a day to meet this pledge. Wynn Resorts Continues to […]
Casino
January 28, 2020
Casinos’ Stock Continues to Fall as China Battles Coronavirus
The deadly new strain of pneumonia known as coronavirus has already claimed the lives of 106 people and counting. Amid the spread of the disease, casino companies have also suffered from a historic drop in visitations to Macau and share price decline. Coronavirus’ Spreading Causes Casino Shares to Fall Again Amid China’s efforts to contain […]
Casino
January 24, 2020
Coronavirus Prompts Macau to Issue Warnings to Casino Operators
As Macau continues to monitor the coronavirus outbreak, U.S. operators who own properties in the gaming hub have said they will be willing to shut down their operations temporarily to help fight the spread of the pathogen. Operators Ready to Shut Down in Macau to Curb Threat of Coronavirus Several U.S. casino operators have confirmed […]