Jerome García's latest articles
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Casino

MGM Grand Detroit Re-Opens, Capacity Cap and Other Limitations

MGM Resorts International announced Thursday its MGM Grand Detroit gaming property in Detroit, Michigan, will re-open August 7, albeit with certain limits to some of the venues. The public re-opening will be preceded by an invitation-only event. The casino property will resume operations after months of closure, as in March Governor Gretchen Whitmer ordered casinos, […]
MGM Grand Detroit Re-Opens, Capacity Cap and Other Limitations
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Casino

Caesars Approves Pay Raises for Executives Amid Pandemic

Following the merger of Eldorado and Caesars, Caesars approved pay raises for five executive employees. Caesars’s Board of Directors Approved Managerial Salary Raises Following the merger by Eldorado and Caesars, Caesars has set a plan for pay raises for the company’s management. Earlier this week a Compensation Committee meeting approved that five of the company’s […]
Caesars Approves Pay Raises for Executives Amid Pandemic
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Legal

Senate and House Locking Horns on Sports Betting Legalization

The issue of sports betting legalization in Massachusetts is hanging in limbo after the latest action by the House of Representatives who rejected the amended bill passed by the Senate. Earlier, the Senate approved the Endure Act, the program of economic development and job creation, albeit excluding the language in the bill referring to sports […]
Senate and House Locking Horns on Sports Betting Legalization
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Casino

NY Commercial Casinos Remain Closed, Warns Governor Cuomo

Governor Andrew Cuomo did not allow commercial casino venues in New York to reopen, citing them as non-essential businesses. Casino Is Not Needed for Survival, Said Gov. Cuomo The commercial casinos in New York are not likely to reopen anytime soon. Earlier this week in a conference call Governor Andrew Cuomo did not give the […]
NY Commercial Casinos Remain Closed, Warns Governor Cuomo
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Business

GiG Teams up with Casumo Subsidiary to Power Pay N Play Casino

Following the casino service industry enterprise license received by GiG yesterday, the company signed a two-year deal with Casumo subsidiary Mill of Magic to power the Pay N Play brand. Casumo-Owned Pay and Play Casino Will Be Powered by GiG The iGaming technology solutions giant GiG announced today a new partnership with the Casumo subsidiary […]
GiG Teams up with Casumo Subsidiary to Power Pay N Play Casino
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Business

Hannahville Indian Community Secures BetAmerica’s Michigan Presence

Race track and casino operator Churchill Downs Incorporated (CDI) issued in a press release July 29 that it would launch its sports betting operations in Michigan in partnership with Hannahville Indian Community. Retail BetAmerica Sports Book Under the terms of the agreement reached with the Hannahville Indian tribe, CDI will open a BetAmerica-branded retail sports […]
Hannahville Indian Community Secures BetAmerica’s Michigan Presence
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Business

Arkansas Wins 2020 Hits Another Snag in Pushing for over 16 Legal Casinos

The committee established to support a ballot vote on the legalization of casinos in the state has hit another snag. Arkansas Experiences Another Set in a Bid to Legalize Casinos The push to legalize casinos in Arkansas has experienced another hurdle with Arkansas Wins 2020’s bid for the legalization of 16 or more casinos hitting […]
Arkansas Wins 2020 Hits Another Snag in Pushing for over 16 Legal Casinos
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Business

Nevada Looking at 3-Year Recovery to Reach Pre-Pandemic Levels

Recovery in Nevada to pre-pandemic levels could take up to three years, economic analyst Jeremy Aguero has cautioned. Nevada’s Recovery Road Could Take 3 Years Nevada is looking at a long and sinuous recovery road, one analyst estimates, with Southern Nevada facing various challenges, from job cuts to reduced visitation rate, and the dangers of […]
Nevada Looking at 3-Year Recovery to Reach Pre-Pandemic Levels
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Legal

New Mitigation Strategy Replaced the Reopening Plan in Nevada

Nevada state officials presented a new strategy aiming at reducing the spread of COVID-19 and monitoring businesses. The new strategy will replace the phased reopening plan from next week. Governor Sisolak: “No more phases” At a press conference in Carson City yesterday, Governor Steve Sisolak announced that the phased reopening plan will be replaced with […]
New Mitigation Strategy Replaced the Reopening Plan in Nevada
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Business

RSI Goes Public on the NYSE, Merger Deal with dMY Agreed

Rush Street Interactive (RSI) announced Monday it entered into a definitive agreement with NYSE-traded dMY Technology Group for the merger of the two companies, upon the completion of which RSI will become a public listed company. SPAC Deals Continue The Boards of Directors of both the Special Purpose Acquisition Company (SPAC) dMY and Rush Street […]
RSI Goes Public on the NYSE, Merger Deal with dMY Agreed