Tag Archives concerns

Coronavirus-related concerns prompting Culinary Workers Union lawsuit

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In southern Nevada and the local branch of the Culinary Workers Union has reportedly announced that it will be filing a lawsuit against ‘major Las Vegas Strip casino companies’ concerning allegations that they have not adequately protected their workforces from the coronavirus pandemic. According to a Saturday report from the Las Vegas Review-Journal newspaper, ...

Credit rating concerns for Las Vegas Sands Corporation

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International credit ratings firm Moody’s Investors Service Incorporated has reportedly announced that it is currently considering whether to lower its financial assessment for American casino giant Las Vegas Sands Corporation. According to a report from GGRAsia, the organization revealed that the review, which is also looking at the Las Vegas-based gambling firm’s Sands China ...

Coronavirus concerns see Century Casinos temporarily close Polish casinos: Mississippi & Connecticut casinos close

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Colorado-based gaming company, Century Casinos, Inc. (CNTY:NASDAQ CM), announced Monday that its subsidiary Casinos Poland Sp. z o.o has closed its casinos in order to comply with the Polish government after it issued a quarantine in an attempt to better contain the coronavirus COVID-19 outbreak. According to an official press release… …the closures came ...

New investigation highlights Atlantic City oversaturation concerns

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In New Jersey and a new state-backed investigation has reportedly determined that the nine-casino market of Atlantic City is currently oversaturated and that this state of affairs may be hampering local operators as they endeavor to invest in their venues. According to a Sunday report from Casino.org, the study from Rutgers University’s Edward J ...