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Gaming Arts Appoints Matthew Heyerdahl as Chief Accounting Officer and Director of Finance

March 30, 2020 Tribal Gaming & Hospitality

Gaming Arts, LLC (“Gaming Arts” or “the Company”), an end-to-end gaming equipment and technology supplier today announced the appointment of Matthew Heyerdahl as the Company’s new Chief Accounting Officer and Director of Finance. Heyerdahl will report […]

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Industry Leaders Hopeful Federal Aid Package Will Persuade Gaming Employee Retention

March 30, 2020 Tribal Gaming & Hospitality

For many casino industry employees, Tuesday might be their last day with a paycheck for the foreseeable future. Industry leaders and congressional representatives hope that won’t be the case following last week’s signing of the […]

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Gaming industry looks to survive casino closures through the stimulus carve-out

March 27, 2020 Tribal Gaming & Hospitality

Gaming leaders said Thursday that the industry’s inclusion in the $2 trillion stimulus package will allow companies to pay sidelined employees while also supplying much needed financial liquidity to withstand the nationwide casino shut down, […]

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AGA Update | Senate Passes CARES Act

March 26, 2020 Tribal Gaming & Hospitality

This has been an unprecedented period for the gaming industry, our employees, and the communities where we operate. In a matter of days, the coronavirus (COVID-19) outbreak and subsequent public health measures have shut down […]

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Everi implements furloughs, salary cuts to help gaming supplier ‘save the business’

March 25, 2020 Tribal Gaming & Hospitality

Gaming equipment provider Everi Holdings said Tuesday it implemented targeted furloughs and company-wide salary reductions in an effort to preserve its cash on hand as the company weathers the nationwide casino shut down due to […]

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8 casino operators burn through a combined $24.5M a day; gaming stocks carried with Dow’s 2,100-point bounce

March 25, 2020 Tribal Gaming & Hospitality

Gaming stocks took a ride along with the 2,100-point surge by the Dow on Wall Street Tuesday on hopes the industry will be a party to an estimated $2 trillion stimulus package to help offset […]

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100 percent: Every one of the nation’s commercial casinos will be closed by Wednesday

March 24, 2020 Tribal Gaming & Hospitality

All of the nation’s commercial casinos – 465 total – will be closed by Wednesday in an effort to halt the COVID-19 coronavirus spread, the American Gaming Association said Monday. The remaining holdouts – in […]

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Coronavirus fears drive down shares of gaming REITs over potential tenant bankruptcy

March 23, 2020 Tribal Gaming & Hospitality

Analysts expressed surprise that gaming-centric real estate investment trusts suffered steep declines when the markets crashed in the last two weeks over the growing COVID-19 coronavirus pandemic. Pennsylvania-based Gaming and Leisure Properties took one of […]

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Strip casinos closed, but coronavirus has not stopped more than $7 billion in tourism projects

March 20, 2020 Tribal Gaming & Hospitality

Coronavirus closed the Strip, but the pandemic hasn’t shut down the Las Vegas tourism industry’s largest construction projects. Development is continuing on the $2 billion Allegiant Stadium, a $980 million expansion of the Las Vegas […]

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The tally: 94% of the U.S. casino market, 96% of the gaming workforce sidelined by coronavirus pandemic

March 19, 2020 Tribal Gaming & Hospitality

The U.S. economy will lose $21.3 billion in direct consumer spending from the legal gaming industry over the next eight weeks due to the shutdown of virtually all casinos and resorts in the U.S. in […]

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Connecticut: Businesses, casinos shut, curtail services to fight virus

March 17, 2020 Tribal Gaming & Hospitality

Businesses across Connecticut, from the sprawling Mohegan Sun casino to small, independently owned Pilates studios, were preparing to shut down or curtail their services Monday to comply with a new restrictions aimed at curbing the […]

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To bet or not to bet? Casinos, gamblers weigh virus concerns

March 17, 2020 Tribal Gaming & Hospitality

Gamblers and vacationers who had planned to visit U.S. casinos expressed a mixture of disappointment and relief over a wave of closings in at least 15 states as officials worked on slowing the spread of […]

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Coronavirus influenced shutdowns has brought casino industry ‘to a near standstill’

March 17, 2020 Tribal Gaming & Hospitality

The Covid-19 coronavirus has effectively quarantined the nation’s gaming industry. More than three dozen states with commercial casinos or Indian gaming facilities have taken actions to either suspend casino operations, enacted limitations that led to […]

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Nevada reports 1st death from new coronavirus in Vegas area

March 17, 2020 Tribal Gaming & Hospitality

Nevada reported its first death from the new coronavirus Monday as businesses and schools shut down around the state, including many of the Las Vegas Strip casinos that power the local economy. Health officials in […]

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Louisiana to shut down its casino industry at midnight

March 17, 2020 Tribal Gaming & Hospitality

The Louisiana Gaming Control Board has ordered a shutdown of its casino industry due to the spread of COVID-19 coronavirus. “In an effort to protect the health and wellbeing of your employees and guests, the […]

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United States’ coronavirus casino closures mapped

March 17, 2020 Tribal Gaming & Hospitality

Continually updated, click the thumbnail above or the link below for a full-size view of the closures, state by state. See full size image: Cory Roberts, CDC Gaming Reports

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All Ontario Casinos to Temporarily Close

March 16, 2020 Tribal Gaming & Hospitality

TORONTO, March 15, 2020 /CNW/ – The health and safety of casino customers and employees is a priority for OLG and its service providers. OLG, working with all our casino service providers, is confirming that […]

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Fear, panic and confusion abound in the land

March 16, 2020 Tribal Gaming & Hospitality

By Ken Adams, CDC Gaming Reports It has been difficult to think or talk about anything but the COVID-19 coronavirus lately. The stock market has been acting like a roller coaster on steroids; the Dow […]

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No sports and no sports betting, but VSiN pushes forward

March 16, 2020 Tribal Gaming & Hospitality

Brian Musburger said Friday it was “hard to fathom” looking at the empty South Point Casino sportsbook. He knew Sunday’s original plans were in the trash can. Vegas Stats & Information Network (VSiN) studio would […]

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Maryland Governor Orders Casino Shutdowns; 13 States Now With Casino Closures

March 16, 2020 Tribal Gaming & Hospitality

Maryland became the latest state to force a shutdown of its casino industry over the spread of the Covid-19 coronavirus when Governor Larry Hogan issued an emergency order Sunday morning. Including Maryland, 13 states – […]

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TG&H Magazine Digital Edition

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