Latest Hotel-casino operators News

Nevada scraps phased reopening plan, unveils new approach

Jul. 27, 2020 11:05 PM EDT

CARSON CITY, Nev. (AP) — Gov. Steve Sisolak announced plans to implement a long-term reopening strategy that allows for more granular decision-making as the coronavirus continues to spread and leaves Nevada unable to follow its original reopening plan. “We’ve learned a lot about this virus in...

FILE - In this Jan. 12, 2015, file photo, a man takes pictures of Caesars Palace hotel and casino in Las Vegas. A $17.3 billion buyout creating the world's biggest casino company has final regulatory approval. The New Jersey state Casino Control Commission voted Friday, July 17, 2020 to let Nevada-based Eldorado Resorts acquire Caesars Entertainment Corp. (AP Photo/John Locher, File)

Nevada casino company gets approval to become gambling giant

Jul. 17, 2020 4:25 PM EDT

A $17.3 billion buyout creating the world’s biggest casino company won final approval Friday, with New Jersey gambling regulators agreeing to let Nevada-based Eldorado Resorts Inc. acquire Caesars Entertainment Corp. It comes after an antitrust analyst had assured the New Jersey Casino Control Commission...

FILE - In this Jan. 12, 2015, file photo, a man takes pictures of Caesars Palace hotel and casino in Las Vegas. New Jersey gambling regulators plan to vote Friday, July 17, 2020, on the last approval needed for Nevada-based Eldorado Resorts Inc.'s huge $17.3 billion buyout of Caesars Entertainment Corp. to create the world's biggest casino company. (AP Photo/John Locher, File)

New Jersey regulators mulling Eldorado buyout of Caesars

Jul. 16, 2020 6:08 PM EDT

New Jersey gambling regulators rejected bids Thursday from two casino company competitors to weigh in before deciding whether to give the last approval needed for a $17.3 billion corporate buyout that would create the world’s biggest casino owner and directly affect four of the nine casinos in Atlantic...

A sign at the entrance to the Foxwoods Resort Casino, in Mashantucket, Conn., announces its reopening, Monday, June 1, 2020. Both tribal casinos, Foxwoods and Mohegan Sun, closed since March 17, opened despite opposition from Connecticut Gov. Ned Lamont, who has limited power regarding the sovereign nations. (AP Photo/Susan Haigh)

Casinos report strong revenues after reopening from COVID-19

Jul. 15, 2020 5:29 PM EDT

Connecticut's two tribal casinos on Wednesday reported strong slot revenues for June, the first month they've been partly open since closing for nearly three months because of the coronavirus pandemic. It's unclear, however, whether it will be the start of a trend considering competitors to Foxwoods Resort...

Nevada businesses, hospitality got $4B in federal loans

Jul. 7, 2020 5:38 PM EDT

LAS VEGAS (AP) — Nevada business received more than $4 billion in loans under a federal rescue package designed to aid small businesses during the coronavirus pandemic. Data released by the U.S. Treasury Department this week showed more than 42,000 loans were issued to businesses in the Silver State, with...

Louisiana casinos to lay off nearly 1,150 workers in August

Jul. 6, 2020 4:24 PM EDT

BATON ROUGE, La. (AP) — A casino operator has reported plans to lay off nearly 1,150 workers at Louisiana locations next month, the latest job losses to hit casinos in the wake of coronavirus-related economic shutdowns. About 161 workers for L’Auberge Hotel and Casino in Baton Rouge are expected to...

Arkansas judge: denies casinos motion for contempt

Jul. 3, 2020 9:15 PM EDT

LITTLE ROCK, Ark. (AP) — An Arkansas judge denied a casino's motion for contempt alleging that a state commission did not follow its own rules and issue the company a casino license within 30 days of the judge's previous ruling. Pulaski County Circuit Judge Tim Fox's Thursday ruling did not approve...

Providence to provide $1M in rental assistance, legal aid

Jun. 30, 2020 3:53 PM EDT

PROVIDENCE, R.I. (AP) — The mayor of Providence on Tuesday announced $1 million in rental assistance and legal aid for families struggling to pay their rent amid the coronavirus pandemic that has caused massive job losses. “Even before COVID, we knew people were having trouble living here in the...

Travelers wear mask as they wait at the American Airlines ticket counter in Terminal 3 at O'Hare International Airport Tuesday, June 16, 2020, in Chicago. Beginning June 16 at American Airlines and June 18 at United Airlines, all passengers and crew members will be required to wear masks to prevent the spread of the coronavirus. (AP Photo/Nam Y. Huh)

American booking full flights next week; Big Lots still busy

Jun. 26, 2020 3:30 PM EDT

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the national and global response, the work place and the spread of the virus. ________________________ RETAIL ROUNDUP: — Big Lots is seeing the continuation of...

A sign at the entrance to the Foxwoods Resort Casino, in Mashantucket, Conn., announces its reopening, Monday, June 1, 2020. Both tribal casinos, Foxwoods and Mohegan Sun, closed since March 17, opened despite opposition from Connecticut Gov. Ned Lamont, who has limited power regarding the sovereign nations. (AP Photo/Susan Haigh)

Some tribes reopen their casinos despite state opposition

Jun. 15, 2020 3:11 AM EDT

MASHANTUCKET, Conn. (AP) — Drivers heading down state roads leading to Foxwoods Resort Casino and Mohegan Sun in Connecticut are greeted by flashing warnings: “Avoid Large Crowds” and “Don’t Gamble With COVID.” Despite having authority to shutter thousands of businesses...