Citi-Led Group Stuck With Billions of Debt as MGM Offering Fails
Submitted by admin on Tue, 24/03/2020 - 22:11Bloomberg: Firms including Deutsche Bank, Barclays pulled syndication
Bloomberg: Firms including Deutsche Bank, Barclays pulled syndication
The world’s biggest gambling hub of Macau will ban entry from Wednesday for visitors from mainland China, neighbouring Hong Kong and Taiwan who have travelled overseas in the previous 14 days, as it battles a coronavirus pandemic.
Boutique Asian casino operator Silver Heritage Group Ltd says it has “closed until further notice” its two casinos in Nepal, as part of efforts in that country to contain the further spread of the Covid-19 virus.
After Deadwood, South Dakota’s mayor requested the closure of the city’s remaining casinos, 100% of the country’s 465 commercial casinos will be closed as of this Wednesday at noon.
Massimiliano Chiara to join IGT as Executive Vice President and Chief Financial Officer; Chiara also appointed to IGT's board of directors
As of Saturday afternoon:
The BGC has written to the Chancellor of the Exchequer as thousands of jobs are at risk with betting shops and casino excluded from help on business rates.
The American Gaming Association (AGA) found that if casinos stay closed for the next eight weeks, it will cost the U.S. economy $21.3 billion in direct consumer spending, according a report released on Wednesday.
NOVOMATIC keeps up full operation of all elementary business units to maintain service and support for customers and partners throughout these difficult times.
American Gaming Association President and CEO Bill Miller released the following statement on the economic toll the COVID-19 outbreak is having on the U.S. casino gaming industry: