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Mike Johnson's latest articles
Mike Johnson
Lead EditorMike made his mark on the industry at a young age, consulting for companies that would later become regulators. As one of the lead editor of Gambling News, he dedicates his weekdays to this project, aiming to educate the masses on the latest developments in the gambling circuit. His expertise and passion for the industry make him an invaluable asset to our team.
Business
June 16, 2020
Eldorado Secures $400M Loan from VICI, Sells Land for $103M
Eldorado Resorts announced Monday after stock market close that it entered into deals with VICI Properties to generate $500 million ahead of the completion of its mega-merger deal with Caesars Entertainment. Eldorado Secures Loan from VICI The Reno-based casino operator signed a letter of intent to enter into a $400 million mortgage deal secured by […]
Business
June 16, 2020
Nevada Governor Cautions Casino Masks May Become Mandatory
As new cases of COVID-19 are being reported in Nevada, Gov. Steve Sisolak has said that casino patrons won’t be obliged to wear masks, but this is both recommended and might become a prerequisite for entering a casino floor if cases continue to mount. Casinos Patrons Still Not Obliged to Wear Masks In trying to […]
Legal
June 15, 2020
PPI Council: Sports Betting Part of Recovery Plan for Attracting Investments
Brazil’s governmental body responsible for bringing investments in the country, the Investment Partnerships Program (PPI) Council has prepared a plan to help the country recover from the negative effects of the virus-induced ongoing health crisis, worth around $70 billion, with more than 10% of it achievable during the current parliamentary season. Concession for a Sports […]
Casino
June 14, 2020
The US Gaming Industry Will Need a Few Years to Recover, Says Fitch Ratings
A report by Fitch outlines a difficult recovery for the US casino industry. The report marks 2023 as the year when the operators will have recovered from the COVID-19 impact. Credit Company Fitch Draws a U-Shaped Recovery Forecast for US Casino Operators Fitch Ratings, the leading provider of credit ratings, released a report entitled “US […]
Business
June 14, 2020
No Stopping Eldorado-Caesars Deal of the Century Now
Eldorado and Caesars’ deal will complete “on time,” executives from both companies assure, and now pending regulatory approval. Eldorado Merger with Caesars Going as Planned Two years after Eldorado Resorts and Caesars Entertainment Corp. announced their plan to create a $17.3 billion gaming behemoth, the deal between the two companies seems to move along according […]
Sports
June 13, 2020
CGA: Major Sports Leagues Support the Push for Single-Event Wagering
Sports betting rules in Canada need changing, this is the moto behind the joint statement from the Canadian Gaming Association (CGA), the NBA, MLS, NHL and MLB, as well as the Canadian Football League (CFL) posted last week. Bill C-218, The Safe and Regulated Sports Betting Act The professional sports leagues expressed their support for […]
Casino
June 12, 2020
CDI Re-Opens Five More Casinos, Pushing the Total Number to Seven
Churchill Downs Incorporated (CDI), the company famous with the race tracks it operates and the Kentucky Derby, announced it will re-open five of its land-based gaming facilities across the states. The racetrack operator that also runs 10 US casinos said it will reopen its Florida, Louisiana, Maryland, Ohio and Pennsylvania properties. Venues in 5 Other […]
Legal
June 12, 2020
Sweden Approves Online Gambling Restrictions, Suspends 10 Licenses
The hotly-debated online gambling restrictions will be enacted, the Swedish government has confirmed, setting strict depositing limits and time session restrictions. The measures will last through 2020. Sweden to Enact Consumer Protection Measures The Swedish government made good on its promise to introduce temporary restrictions for online gambling, with new safety mechanisms rolling in to […]
Casino
June 11, 2020
Hard Rock Casinos in Florida Reopen on Friday, June 12
Hard Rock venues in Florida reopen tomorrow. The venues will follow strict social distancing protocols and enhanced sanitation procedures. Hard Rock Properties in Florida Reopen Tomorrow Florida’s casinos reopen as of tomorrow, June 12. The casinos in the state were closed back in mid-March. The prime reason for the closure was the growing COVID-19 pandemic. […]
Casino
June 10, 2020
Genting Casinos Impacted by Closures, Considering Properties Shutdown
Genting Casinos, the operator of land-based gaming facilities across 32 locations in the UK, is mulling closing down 3 of them while applying significant reduction in the workforce for the rest, information from GMB suggests. The company’s casino properties in Torquay, Bristol and Margate are the ones on the chopping block, with an undisclosed number […]