Domestic gaming equities are scuffling Tuesday, but MGM Resorts International (NYSE:MGM) is soaring. That’s on the back of an analyst upgrade and upward price target revision. ...
Confusion Surrounds Detroit Casino Reopening Protocols, Capacity Limit Vague
UPDATE: Michigan Department of Health and Human Services Public Information Officer Lynn Sutfin says the 100 person indoor limit applies to casinos and includes employees. Law enforcement officers will enforce the capacity protocol. Detroit casinos can reopen as of today with Michigan Gov. Gretchen Whitmer’s (D) blessing. But there remains some confusion surrounding each gaming ...
Peru government greenlights casinos for 40% capacity reopening
The government of Peru approved casinos in the country to reopen casinos at 40% capacity. Head of the Ministry of Production, Jose Luis Chicoma, made the announcement this week. The decision is part of a new government decree that focus on the Economy Recovery plan, reverting to Phase 4. This section is part of ...
Nevada Governor Steve Sisolak reduces casino capacity from 50% to 25%
The gambling industry in Nevada is facing more issues with a recent announcement by Governor Steve Sisolak cutting casino capacity from 50% to 25%. On Sunday, Sisolak released the news, with the restrictions beginning at 12:01 am on Tuesday. The industry has taken major steps to protect employees and guests, and the decrease in ...
Operating at 15% capacity Detroit casinos report $101.4 million in October revenue
In Michigan, Detroit’s three commercial casinos have reported aggregate revenue of $101.4 million for the month of October while also receiving approval by the state’s Gaming Control Board on Tuesday for renewal of their operating licenses. MGM Grand Detroit, MotorCity Casino and Greektown Casino have been operating at 15 percent capacity since August 5 ...
Okada Manila to resume partial operations at 30% capacity
Since March 15, casinos located in Metro Manila have been closed due to quarantine directives regarding the COVID-19 outbreak. Casinos affected by the closure include Okada Manila, Resorts World Manila, City of Dreams Manila and Solaire Resort & Casino. Since July, these venues have been running trials for invited guests. Now, Okada Manila has ...
New York Gov. to allow commercial casinos to reopen at 25% capacity from Sept. 9
Four days after saying that he’d make a decision this week on commercial casinos, New York Gov. Andrew Cuomo made good on his promise, announcing Thursday the state’s nontribal casinos and video lottery terminal facilities will be permitted to reopen with limited capacity from Wednesday, Sept. 9 after being closed since March 16, 2020, ...
Macau casinos to re-open from tomorrow with reduced capacity
In Macau and casinos hoping to re-open following the temporary 15-day coronavirus shutdown will reportedly be required to reduce the number of gaming tables and slots on offer and disperse staff breaks so as to prevent large gatherings of employees. According to a report from GGRAsia, this was the guidance issued yesterday by the ...