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Casinos ready to re-open…casinos workers aren’t so sure

Casino owners across the world are, understandably, interested in re-opening their shuttered facilities as soon as it is safely possible to do so. In many cases, they're getting ready to open their doors sooner rather than later using new governmental safety guidelines such as those recently published by the Nevada Gaming Control Board. But while…

MGM Resorts talks about casino re-opening and post-COVID life

MGM Resorts CEO Jim Hornbuckle spoke this week with investors about the current state of the company and what casino re-openings might look like in Nevada and Macau. Hornbuckle, who has only been with MGM Resorts since March, painted an optimistic picture and spoke freely of casinos re-opening and travelers walking through their doors, even…

Small casinos now qualify for COVID-19 relief money

The US Small Business Administration (SBA) recently had a change of heart regarding small American casinos and their ability to access COVID-19 relief funds. Late last week the SBA shifted its existing, and overly moralistic, policy of preventing businesses that derived more than half their revenue from regulated gambling. Under the new terms, small casinos…

New limits for pandemic gambling in Finland

Finland is joining the parade of European countries that are imposing new limits to help curb a potential epidemic of problem gambling during COVID-19 lockdown. The country's Ministry of the Interior, which oversees gambling regulations, is imposing new loss limits for online players, and is halting lottery draws entirely. These new measures are set to…

DraftKings beats the odds to become first US publicly traded sportsbook

DraftKings is set to become the first publicly traded sportsbook in US history today when its stocks go public on the NASDAQ stock exchange. The little daily fantasy sports operation that once eschewed any notion that it was involved in sports betting is now poised to dominate the burgeoning US sports wagering market and make…