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COVID-19 or coronavirus: Whatever you call it, the pandemic overshadowed gaming in 2020

December 31, 2020 - A few weeks after Hurricane Katrina slammed into the Gulf Coast in August 2005, wiping away Mississippi’s flourishing casino market, then-American Gaming Association CEO Frank Fahrenkopf Jr. told those gathering... Read more »

Analyst perceives regional gaming “deterioration”

September 22, 2023 - Citing “static conditions” in the third quarter, Deutsche Bank analyst Carlo Santarelli wrote that while “trends have remained broadly stable … signs of a slow deterioration remain more prevalent than... Read more »

Surviving bans on smoking and sports-betting ads in Atlantic City

March 26, 2023 - The casinos in Atlantic City are faced with two of the largest challenges in years. First, legislation is being considered that would eliminate the partial exemption from a ban on... Read more »

Report: Commercial casino industry tops $43.6 billion in gaming revenues in 2019

June 4, 2020 - The U.S. commercial casino industry hit an all-time single-year high of $43.6 billion in gaming revenue during 2019, climbing 3.7%, according to the annual “State of the States” report from... Read more »

Pragmatic deals poise GLPI amid pandemic; first-quarter results solid

May 4, 2020 - When casinos closed in mid-March due to the COVID-19 pandemic, abruptly choking off revenue, Gaming and Leisure Properties joined the rest of the gambling industry in a fraught game of... Read more »

Deals help Penn National ‘materially reduce’ monthly costs of coronavirus shutdowns

April 21, 2020 - Penn National Gaming CEO Jay Snowden said Monday the regional casino operator had “materially reduced” the monthly costs necessary to maintain its 41 shuttered properties, allowing the company to “weather”... Read more »