Yes, Virginia, there was gaming revenue in Nevada last month, although the casinos were closed. Mobile sports wagering and online poker did the trick, plus expired slot tickets, although the amount realized from the latter is described as “immaterial.” Most jurisdictions achieved negative 
revenue, although we won’t dwell on that, but will not that winnings toppled 99.5%. Overall, the Silver State collected roughly $3.5 million. Las Vegas Strip casinos accounted for almost all of that, with a $436K contribution from Downtown and isolated pockets of (modest) revenue in Wendover and Carson Valley. Speaking of the Strip, it was the perfect place to get away from it all, only 152,716 passengers passed through McCarran International Airport, a 96.5% plunge from the same period in 2019. That drags the year-to-date total down 37%. International traffic was a Continue reading
stepping into the void, in the form of state Senate President Stephen Sweeney (D, right). Gov. Phil Murphy (D) has admitted to being flummoxed by the reopening problem, saying, “Casinos are a tough nut. It’s indoors. There’s no ventilation. It’s close proximity, and [players are] largely sedentary.” To address this conundrum, Sweeney 
which slot-jackpot winners have to pay taxes, imposed in 1977. Even more specifically, the AGA wants the cap indexed to inflation, which would raise it to $4,700—although the AGA is pushing for a $5,000 cap. (The Obama administration tried lowering it to $600 but that idea was thankfully beaten back.) AGA prexy Bill Miller isn’t the first to have this notion. Reps. Dina Titus (D, below) and Darin LaHood (R) were pushing it last year. The AGA move comes in response to a Trump administration executive order for 
Sisolak (D), “we continue to see a consistent and sustainable downward trajectory of percentage of positive COVID-19 cases and a decrease in the trend of COVID-19 hospitalizations. Our cumulative test positivity rate—which is the number of people testing positive against the total number of tests—has declined to 6.5 percent. We have been in a downward trend for 31 days—a full month.” No, the reason for the cancellation of the press conference in favor of a pre-taped statement was simple: Sisolak was exposed to Coronavirus (and no, Carolyn Goodman didn’t give it to him). Although he’s been tested, Sisolak says he is asymptomatic but will self-quarantine as a precaution.
paperwork filed with the Nevada Gaming Control Board. It’s unclear why Sisolak moved casinos 
driving force behind a recovery.” Chaiken’s not kidding about consumers cutting spending on goods. Consumer spending was down 16.5% last month, supposedly the worst such declivity in American history. Hardest-hit was clothing (-79%), followed by electronics and appliances (-60.5%), furniture (-59%), sporting goods (-38%), and bars and restaurants (-29.5%). Hey, who needs new clothes when you’re working from home in a T-shirt and lounge pants?
is a major setback for Golden Entertainment, which Wall Street analysts had warned was overexposed in Southern Nevada. “We anticipate reduced business levels which will last for an unknown period of time. Due to these challenging circumstances, the company has no current plans to reopen the Colorado Belle property and the layoffs currently in place will extend indefinitely.” So wrote Vice President of Human Resources Katherine Roden. Healthcare benefits remain in place through the end of the month. Golden evidently found that three casinos in Laughlin was 
machine with an 85 percent return doesn’t seem like a remotely interesting pastime—especially when I consider that I could quite possibly lose my life.”—one of a number of Atlantic City casino patrons surveyed who are 
Convention Center are all chipping in, with the LVCVA providing the testing venue. So far, the participants are MGM Resorts International, Caesars Entertainment and Boyd Gaming, and the hope is to perform 4,000 tests per day. The effort will be coordinated with the Governor’s COVID-19 Response, Relief & Recovery Task Force, which is headed up by our old friend Jim Murren. Caesars CEO Anthony Rodio did have one caveat: “All Caesars employees would complete a pre-screening questionnaire and the results would determine the need for a COVID-19 test before returning to work,” he said. (Can a questionnaire screen for a virus?)
“We’re playing this game—and it’s a real one—with the virus and the economy at the same time. And it’s really important for people to step up and recognize and understand that this game’s not over. People need to continue to use their heads on this stuff. We are still in the middle of this virus. It has not gone away.”—Massachusetts Gov. Charlie Baker (R) on 
age of Coronavirus, even if you don’t mind rubbing elbows with other shooters. Poker is out altogether. At least for now. “We don’t in any way want to do anything we can’t execute as safely as possible,” explained Encore President Brian Gullbrants. He won’t have to worry about it until June 1 (possibly longer) but it’s good to know that Wynn Resorts has these considerations at the top of mind. Besides, poker being small potatoes from a revenue standpoint, it’s one thing from which 
terms of closures due to disaster. We’ve dealt with the BP oil spill, Mississippi River flooding, and the most memorable, Hurricane Katrina.” Global Gaming Business shines a spotlight on how one casino, Scarlet Pearl, is handling resumption of business and 
“While my positive feelings for Japan are undiminished, and I believe the country would benefit from the business and leisure tourism generated by an integrated resort, the framework around the development of an IR has made our goals there unreachable. We are grateful for all of the friendships we have formed and the strong relationships we have in Japan, but it is time for our company to focus our energy on other opportunities.”—Las Vegas Sands CEO Sheldon Adelson, -
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