News

Brendan Bussmann quoted in the Las Vegas Review Journal

Stocks with Las Vegas ties hammered in rough Wall Street ride

by Richard N. Velotta

Executives and investors of publicly traded companies with a connection to Southern Nevada won’t soon forget March 18.

That’s the date nearly every gaming company stock tumbled to its 52-week low price

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Steve Gallaway quoted in Global Gaming Business News

Covid-19 in Nevada: It’s ‘War’

by James Rutherford

As the coronavirus continues its lethal march across the U.S., for the first time in Las Vegas’ long, glitzy history, the lights on the Strip are out, and operators are groping for ways to deal with a crisis without precedent.

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Brendan Bussmann quoted on SportsHandle.com

Will Maryland Sports Betting Referendum Gain Public Support?

by Jill R. Dorson

Maryland lawmakers earlier this week rushed through a bare-bones sports betting referendum bill that didn’t include any framework for how legal sports wagering would work in the state – a matter that both chambers had debated before the COVID-19 pandemic gripped the country.  Was that the right move? Stakeholders are split on it.

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Brendan Bussmann quoted in GGB News

Three Strikes for Japan?

by Marjorie Preston

In recent comments about Japan’s planned integrated resort (IR) industry, Bloomberry Resorts Chairman and CEO Enrique Razon called the IR development process there “a bit of a joke.”

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Brendan Bussmann quoted on CDC Gaming Reports

Coronavirus influenced shutdowns has brought casino industry ‘to a near standstill’

by Howard Stutz

More than three dozen states with commercial casinos or Indian gaming facilities have taken actions to suspend casino operations, enacted limitations that led to a shutdown, or have seen gaming companies and tribal leaders independently close their properties.

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Brendan Bussmann quoted in GGR Asia

Covid-19 not likely to hurt Japan IR plan: consultants

The Covid-19 pandemic is unlikely – for now – to affect the timetable of Japanese local governments seeking private-sector partners for a tilt respectively at having a casino resort in that country.

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Brendan Bussmann quoted in the Las Vegas Review Journal

Some Las Vegas Strip workers see hours cut amid COVID-19 tourism impact

by Bailey Schulz

Strip workers are starting to see their hours cut as the coronavirus outbreak weakens the travel and tourism industries.

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Brendan Bussmann quoted in the Nevada Independent

Coronavirus outbreak causes empty Nevada sportsbooks, reduced gaming and hotel revenues

by Howard Stutz

It’s going to be a quiet few weeks inside Nevada’s sportsbooks.

The cancellation of the NCAA Men’s and Women’s College Basketball Championships on Thursday – better known as March Madness – added to the financial burden heaped onto the state’s resort industry by the coronavirus outbreak.  Domestic and international travel to Las Vegas has diminished and large conventions have been cancelled.

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Brendan Bussmann quoted in the Las Vegas Review Journal

Las Vegas Strip hotels see drop in tourism

by Sabrina Schnur and Bailey Schulz

A torrent of canceled conventions, shows and special events slammed Las Vegas Strip casino operators for a second straight day Thursday as a result of the coronavirus outbreak, underscoring the pandemic’s blow to the valley’s tourism economy, its largest employers and hundreds of thousands of residents whose livelihoods depend on it.

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Brendan Bussmann quoted in Las Vegas Review Journal

Virus outbreak could alter Japan’s resort development calendar

by Richard N. Velotta

How will the next frontier for gaming, Japan, respond to the effects of the coronavirus?

While the next key steps in the process of licensing companies to build integrated resorts in Japan are still months away, it’s possible the rapidly spreading COVID-19 disease could affect the current timeline.

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