Eight executives with Caesars Entertainment Corp. acquired more than a half-million dollars of company stock, according to a series of SEC filings Tuesday.
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The operator of The Venetian is flying in medical equipment from China to protect health care workers and first responders from the novel coronavirus.
Most Las Vegas gaming and tourism companies went from a 52-week high early this year to a 52-week low on March 18 with the closure of the state’s casinos.
The 1,100 workers at the Las Vegas Convention Center expansion — all observing coronavirus protocols — have begun pouring the concrete floor of the exhibit hall.
As National Problem Gambling Awareness Month comes to a close, responsible gaming advocates are fearful that the nation’s casino closures could lead to other problems.
In a bid to survive the financial turmoil of the coronavirus shutdown affecting 41 properties, Penn National Gaming will furlough 26,000 employees nationwide.
Casino companies up and down the Strip are using different strategies to save money where possible in a bid to weather the impacts of the coronavirus pandemic.
When the National Association of Broadcasters made its decision to cancel rather than delay its convention in late April, thousands of laborers lost work.
It used to be that casino CEOs might do a promotional video or appear on camera to promote a resort. Nowadays, it’s more about reassuring employees.
In what will be the last big total for gaming win and taxes collected for a while, the state’s casinos exceeded the $1 billion win level for the third straight month in February.
Las Vegas gaming equipment manufacturer Everi has announced employee furloughs, salary cutbacks and drawing on credit to keep the company secure during pandemic.
Wynn CEO Matt Maddox said Tuesday that he would take shares of Wynn stock instead of his 2020 salary to help the company navigate an uncertain financial future.
William Hill US CEO Joe Asher is donating his salary until sports return to assist his sportsbook employees that have been laid off or furloughed.
JP Morgan gaming analyst Joe Greff says in a report to investors that Wynn Resorts is well-positioned to endure the coronavirus and that its stock is undervalued.
The economic damage that will be inflicted by the coronavirus is hurting tourism economies much more than average locations, an analysis from StratoDem Analytics says.
The American Gaming Association on Saturday said 910 casinos — 92 percent of the total nationwide — have closed their doors in a bid to slow the spread of the virus.
Silverton CEO Craig Cavileer said the property has stayed in compliance with shutdown protocols for the hotel-casino while keeping the 150-room Hyatt Place open.
In a statistics-heavy appeal to the state’s six congressional representatives and senators, association President and CEO Virginia Valentine explained that Nevada would be hurt more than any other state because of its dependence on tourism.
R&R Partners principle Bill Vassiliadis has seen shutdowns and downturns before and expects Las Vegas to come back strong once the coronavirus measures are over.
Betting on a stock market rebound, 16 directors and executives of MGM Resorts International acquired company shares, according to an SEC filing.
Representatives of the 300,000-member union scheduled a news conference Wednesday to call for decisive action in the wake of casino and business closures.