ATLANTIC CITY, N.J. (AP) — The trade association for the U.S. gambling industry says America's casinos are recovering from months of closures necessitated by the coronavirus outbreak, having regained 81% of the gambling revenue they saw in the third quarter of last year.
LAS VEGAS (AP) — Reno-based Eldorado Resorts Inc. received the go-ahead from Nevada casino regulators to buy Caesars Entertainment Corp. in a $17 billion deal creating a gambling giant with properties in 16 U.S. states and several other countries.
The Gaming Inspection and Coordination Bureau in the Chinese gaming enclave reported a 93.2 percent decline in monthly gross revenue in May when compared to a year ago, the Las Vegas Review-Journal reports.
The Treasury Department has changed Small Business Administration rules to allow more businesses involved in gaming to qualify for Paycheck Protection Program loans, the Las Vegas Review-Journal reports.
Some gamblers who suddenly can’t go to a casino to play slot machines, cards or roulette are migrating to internet casinos as the coronavirus shuts down most things involving large gatherings – including casinos.