Floating Restaurant Jumbo, Owned by Melco Resorts Subsidiary, Sinks in the South China Sea

An endeavour to relocate a floating eatery come out of Hong Kong took an unexpected move around this weekend. During transit, Jumbo, owned past a subsidiary of cassino colossus Melco Resorts and Entertainment, capsized and sank. Jumbo has been a Hollywood moving-picture show go under and a Hong Kong holidaymaker…

Read this article

Gold Strike Tunica Union Workers Land Pay Raises

Union workers at MGM Resorts International’s Gold Strike Hotel & Casino in Tunica, Miss. are getting compensate hikes in a unexampled three-year proletariat agreement. The accord was nem con approved by various labour organizations. Among the Gold Strike staffers receiving raises are 50 members of Local 667 Teamsters who…

Read this article

Oneida Indian Nation Bets on Affordable Housing to Attract New Casino Workers

Starting next month, the Oneida Amerindic Nation will extend a young affordable living accommodations program. It is aimed at attracting employees for the upstate New York-based sovereign nation’s businesses, including its tribal casino. On July 1, the Oneida Carry Amelia Moore Nation will undecided the first form of The…

Read this article

Codere Remains One of the Top 100 Most Valuable Companies in Spain

Codere shareholders knew what they were doing when they decided to accept o'er the Spain-based worldwide gaming company. Brand Directory lists New Codere (Nuevo Codere) among the top out 100 to the highest degree worthful brands inwards the country. Nueva Codere placed 61st among the 100 to the highest degree…

Read this article

Caesars Offering $5,250 Annually in Student Loan Assistance for Staffers

Workers across a change of industries battle to divine service pupil loan obligations. But Caesars is alleviation that burden for its employees. The largest house servant gaming accompany past number of venues today announced a new pedagogy assistance program for its nearly 50,000 workers, including expanded yearbook educatee loan…

Read this article

Star Entertainment’s Journey in New South Wales “At Its End”

One word describes Star Entertainment as a viable cassino operator inwards New South Wales (NSW). “Unsuitable” is the outcome of the research into accusations Star fooled regulators, fueled money-laundering activity and failed its shareholders. NSW is wrapper up its inquiry into Star and its dubious business concern practices. 36 days…

Read this article

Penn National Earnings Improving Despite Tumbling Share Price

Simply because a stock’s cost is sliding that doesn’t miserly the fellowship can’t generate increasing earnings per share (EPS). Penn National Gaming (NASDAQ:PENN) is a ground lesson of this scenario. Credit Suisse recently screened S&P 500 fellow member firms for names with the compounding…

Read this article

Penn National Stock Has Penchant for Memorial Day Week Slumps

The Memorial Clarence Shepard Day Jr. trading calendar week for US equity markets commences on Tuesday, May 31 as exchanges are shut Mon inwards observance of the holiday. With the holiday shortened trading week beckoning, there are some trends to consider, including on that pertains to Penn National Gaming (NASDAQ:…

Read this article

Mets Owner Cohen’s Hedge Fund Loads Up on VICI Stock

Gaming tangible land investment funds bank (REIT) VICI Properties (NYSE:VICI) has a devotee inward New York Mets owner Steve Cohen. Cohen’s hedge in monetary fund — Point72 Asset Management — bought 633,800 shares of the Caesars Palace proprietor inwards the first quarter, according to documents filed with the Securities…

Read this article

Dubai Official: Don’t Bet on Casinos in Emirate

Wynn Resorts is moving send on with plans for an structured resort hotel on Al-Marjan Island , United Arabian Emirates (UAE), but Dubai is unlikely to fall out suit. Owing to bountiful oil reserves, UAE is the third-richest rural area inwards the domain on a per capita basis and i of…

Read this article