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Business
November 18, 2020
MGM Growth Properties Offers Senior Unsecured Notes for $750M
MGM Growth Properties is looking to raise $750 million of senior unsecured notes, priced at 3.875% and due 2029 at par, the real estate trust announced Tuesday. The offering which was upsized by $250 million from the initial $500 million, is expected to close November 19, subject to customary closing conditions. MGM Resorts’ Redemption Right […]
Business
November 18, 2020
Illinois Governor Shuts Down Casinos As Covid-19 Case Rate Spikes
The Governor of Illinois said on Tuesday that all indoor entertainment venues will close down starting Friday, as the number of coronavirus cases averages nearly 12,500 per day. Casinos Will Close For Three Weeks Illinois riverboat casinos will close due to a surge in the number of coronavirus cases, Governor J.B. Pritzker announced Tuesday in […]
Business
November 18, 2020
Resorts World Las Vegas Looks to Hire 6,000 Workers
Resorts World Las Vegas revealed that it seeks to hire some 6,000 workers for its resort which is planned to open next year. The company accepts job applications for multiple positions from entry-level positions to managerial level positions. Resorts World Accepts Job Applications In a statement released this Monday, Resorts World Las Vegas announced that […]
Casino
November 18, 2020
Gov. J.B. Pritzker Orders Illinois Casinos to Shut Down on Friday
As Illinois hit 12,000 new covid-19 cases on Tuesday, November 17, Gov. J.B. Pritzker announced that indoor entertainment venues, including casinos, will shut down starting Friday, November 20. Gov. Pritzker Rolls in New Covid-19 Restrictions, Shutters Casinos Speaking on Tuesday, November 17, Illinois Gov. J.B. Pritzker ordered casinos, museums, retail shops and indoor entertainment venues […]
Casino
November 18, 2020
Hampton Looking to Join Virginia’s Casino Cities
A sixth venue for potential casino projects may emerge in Hampton with the city making a strong push to join Richmond, Danville, Bristol, Norfolk and Portsmouth as potential casino city. Hampton Looks to Secure Casino License Hampton does not want to miss out on the casino bonanza that has seized five cities in Virginia, to […]
Industry
November 18, 2020
EveryMatrix Readies to Enter New Jersey with License Application
EveryMatrix has chosen New Jersey as the company’s entry-point in United States’ fast-developing iGaming market. Casino Solutions Provider EveryMatrix Eyes New Jersey Entry EveryMatrix is looking to break ground in the United States and has applied for a license from the New Jersey Division of Gaming Enforcement (NJDGE). The company seeks to introduce its industry-leading […]
Casino
November 18, 2020
AGA Reveals Q3 GGR Numbers, Revenue Improves Significantly
Recent numbers by the American Gaming Association reveal the commercial casino gross gaming revenue (GGR) in the third quarter of 2020. According to the numbers, the gaming industry is on its way to a slow recovery. However, a quarter-on-quarter comparison shows significant increase of the slot games, table games, sports betting, and igaming revenue. Q3 […]
Casino
November 17, 2020
FireKeepers To Remain Open Despite Order From State of Michigan
Tribe-owned FireKeepers Casino Hotel will not close like other Michigan gaming facilities, following a State order issued Sunday ordering the closing of entertainment venues. CEO Confident FireKeepers Casinos Did Not Influence Covid-19 Spread FireKeepers Casino Hotel in Battle Creek will remain open despite an order issued on November 15 by the Michigan Department of Health […]
Casino
November 17, 2020
Rivers Casino Philadelphia Closes until Further Notice
Rivers Casino Philadelphia has been forced to close effective Friday, November 20, and remain shut until at least the end of the year. The new setback for the gaming establishment which also had to close mid-March and stay closed for 4 months during the first coronavirus wave, is the result of a new series of […]
Sports
November 17, 2020
FanDuel Invests Millions in Fairmount Park Racetrack in Illinois
FanDuel Group, the US sports betting brand of Flutter Entertainment, announced plans Monday to engage in a multi-million investment in Fairmount Park Racetrack in Collinsville, Illinois. The venue will undergo a rebranding and complete revitalization, targeting the return of its signature event, the $250,000 St. Louis Derby. FanDuel Sportsbook and Horse Racing Under the terms […]