According to the American Gaming Association, 82 of 989 casinos in the United States have reopened, many of them in Louisiana starting today. But don’t take our word for it. Use the AGA’s Coronavirus tracker, which keeps you abreast of casino closures/reopenings. It’s a handy research tool. The AGA’s main legislative priority is to ride herd on the Heroes Act, defining its three priorities in the legislation as:
- Ensuring government loan programs are accessible to all segments of the gaming industry.
- Advancing measures that protect AGA members from additional economic harm and enhance financial solvency.
- Policies to aid the industry’s recovery over both the short and long-term.
Patience will be a must for Continue reading
regimens in the U.S. It will proceed 
Rock International acquisitions in Las Vegas (nobody, it seems, thinks HRI is going to build from scratch). He has The Cosmopolitan of Las Vegas as the frontrunner, due to previous discussions between Blackstone Group and the Seminole Tribe, 
Jersey’s retail sportsbook handle at zero and its land-based casinos generate no revenue is jarring, laying bare just how much these shutdowns are costing the industry,” said analyst Dustin Gouker. People were still betting online but, with little to wager upon, handle was a slim $54.5 million. That’s an 82.5% plunge from this time last year. Gross revenue—a measly $2.5 million—was even worse off, down 88%. As Gouker said, “The picture for the industry is not pretty, and that will continue until sports leagues figure out a way to reopen.” FanDuel‘s $1.5 million topped the market in revenue, leaving scraps for everyone else.
away as Macao but has received no concrete guidance from the Empire State yet. “We’re all kind of talking back and forth about the things we hear from around the country, making sure we’re all aware of best practices,” he said. All told, 20 casinos and racinos in New York State have been idled by the Coronavirus pandemic, 
desire to acquire other businesses. The rumor mill says he has his eye on Wynn Resorts. It wouldn’t come cheap: At $79.70/share, WYNN is probably the single most expensive stock in gaming. Sands, by contrast, trades in the mid-forties. Sheldon may be in the mood for some ‘retail therapy,’ having pulled the plug on his Japan aspirations, despite Sands being one of the frontrunners. Said Adelson, “the framework around the development of an [integrated resort] has made our goals there unreachable.” That seems to be a fancy way of saying he lost patience. (Wynn, incidentally, is also targeting Yokohama, Adelson’s former city of preference.) The Sands CEO turned his aspirations toward 
Entertainment, come in Caesars … ) The company calls it a “comprehensive, multi-layered approach resulting from months of consultations and guidance from public health experts.” CEO Bill Hornbuckle warns that MGM resorts won’t look they way they once did for quite some time but promises that it’s all for the best. 
The owners are not without their priorities: The sacred Designated Hitter 
the financial sector with $500 billion in bailouts. Too late. Now Colony will have to tap its $1 billion cash on hand and $600 million credit line. Why does Wall Street keep lending to this boob? Perhaps because he’s got 
Vegas and Encore had net revenue of $324 million, down 19% from last year. And there was $140 million of ‘free money’ in the form of Encore Boston Harbor, which wasn’t open in 1Q19. Macao was a different story. Wynn Macau‘s $229.5 million was a 56% dive, while Wynn Palace plunged 64% to $259.5 million. Occupancy in Las Vegas was 80% with an average daily rate of $374. $415 million was wagered at the tables and $665 million in the slots. Win/slot/day was a far-above-average $343. Gross table revenues were $83 million and slot win $47 million.
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