Gaming equipment provider Everi Holdings gave its balance sheet a needed boost Tuesday, securing a $125 million financing agreement and obtaining changes in the company’s credit agreements with its existing lenders. Las Vegas-based Everi, which […]
More than 20 states have passed legislation allowing sports betting in the two years since the U.S. Supreme Court gave the go-ahead and more are moving in that direction. However, George Rover, managing partner with […]
COVID-19 has forced the postponement of the annual World Series of Poker in Las Vegas, with organizers saying Monday that the 51st annual tournament – the country’s single largest live poker event, originally scheduled to […]
As millions of gallons of crude oil spewed into the blue water of the Gulf of Mexico from a blown-out BP well in 2010, coastal residents wondered whether their home would ever be the same. […]
The ink was still wet on the White House’s 18-page plan for re-opening the U.S. economy when gaming insiders began pouring through the document to figure out how casinos fit into the three phases. The […]
Organizers of the gaming industry’s largest virtual conference, the SBC Digital Summit, announced a 5-star roster of speakers to address the Tribal gaming landscape at the upcoming event schedule for April 27- May 1. The […]
As we continue to deal with this unprecedented time, many of us are preparing for the eventual reopening of our industry and the economy as a whole. But as the shelter-in-place orders have continued to […]
Spectrum Gaming Capital and Management Sciences Associates will host a webinar on Thursday, April 23 at 1:00 (EDT) titled: “Outlook for Gaming Industry in the Context of Covid-19: What can be learned from prior market […]
Nevada will receive COVID-19 testing materials from the United Arab Emirates and will begin a scientific collaboration with a leading technology company in Abu Dhabi through an agreement reached by the private Nevada COVID-19 Response, […]
Scientific Games said it was slicing costs in the second quarter by $100 million as the Las Vegas-based gaming equipment provider deals with lost revenues and cash flow due to the COVID-19 coronavirus pandemic. In […]
The Small Business Administration revised its guidelines Tuesday covering small companies that service the casino industry, allowing certain businesses to apply for part of $349 billion in forgivable Paycheck Protection Program loans. However, the American […]
American Gaming Association President and CEO Bill Miller released the following statement on the revised interim regulatory guidelines that the Small Business Administration issued today for the Paycheck Protection Program: “The Small Business Administration (SBA) today released revised […]
By John L. Smith, CDC Gaming Reports The head of the nation’s largest service employees union on Thursday blasted MGM Resorts International and Caesars Entertainment for not “stepping up” and doing more to help thousands […]
The XFL has suspended operations and laid off its employees. XFL workers were told of the layoffs during an in-house conference call Friday. After canceling the remainder of its season last month because of the […]
Despite the current closure of the nation’s casino industry due to the COVID-19 coronavirus pandemic, the former chairwoman of Nevada’s Gaming Control Board said she doesn’t see a material reason why regulators would block the […]
On a normal day, the manufacturing line at Philadelphia-based KGM Gaming would be producing casino seating, slot bases, millwork, and interior and exterior casino signage products to be used with Ainsworth slot machines. We’re not […]
Casino workers across the country are calling on the gambling industry to pay its laid-off workers their full salary and benefits for the duration of coronavirus shutdowns. In an online conference Thursday, casino workers and […]
After being ignored by the Small Business Administration over concerns that small gaming companies were precluded from sharing in $349 billion in forgivable Paycheck Protection Program loans, the American Gaming Association Wednesday took the matter […]
Boyd Gaming Corporation (NYSE: BYD) today announced it is taking additional measures to mitigate the financial impact of the COVID-19 pandemic, which resulted in the closure of all of the Company’s properties in mid-March. Due […]
A relief fund for furloughed MGM Resorts International employees has reached $11 million following donations from some of the casino company’s high-profile entertainers. In a statement Wednesday, the company said more than a dozen of […]
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