JBK International

As a way to build confidence, MGM officials announced today they will take a pay cut and buy stock in the company, as Mass Live reports.

MGM executives take pay cuts as coronavirus impacts industry MGM stock has fallen 65% since February.

As casino and other gaming stocks fall, it might seem like a good time to pick up a cheap investment for the future. But as the Motley Fool explains, you may want to reconsider that idea.

Now Is Not the Time to Buy Casino Stocks | The Motley Fool Resort operators' shares were down across the board before staging a brief recovery -- the storm is far from over.

Which will recover first, regional casinos or destination markets? Play Pennsylvania offers some predictions.

Casino Closures Devastate PA & Beyond, But Relief Efforts Are Underway The economic effects of nationwide casino closures continue to pile up in PA and beyond, but a coronavirus relief bill could help pave the road to recovery.

With casinos shut down across the U.S., some officials are saying they'll have to declare bankruptcy when all this is over. Casino.org outlines not just the impact of quarantine on the industry, but what happens next.

US Casino Operators Could Face Bankruptcy, Available Cash Tight Gaming operators could seek bankruptcy protection if they continue to burn through money. Operators have as little as 5.2 months of cash.

While the stimulus package was approved today, questions still remain. Casino industry officials are hopeful the stimulus will help, as Gaming Today explains.

Casino industry hopeful stimulus package helps Industry: The U.S. House of Representatives was set to approve Friday a massive stimulus package to help businesses and employees furloughed or laid off by the

Has the Fed saved the casino industry? 24/7 Wall Street takes a look at the impact recent decisions will have.

How the Fed May Have Saved the Casino Industry – 24/7 Wall St. When the Federal Reserve on Monday announced that it would do whatever is necessary to meet the demand for dollars, markets around the world instantly breathed a little easier. A global dash for cash, particularly U.S. dollars, essentially forced the Fed to say it would create as many dollars as nee...

As online gaming companies are moving to take advantage of people staying home, their industry is in the midst of a change. Here's our piece from earlier this year, highlighting how blockchain is changing the business.

Is blockchain changing the gaming industry? - JBK International Change is a big part of the gaming industry right now. But what's driving those decisions? And does the technology known as blockchain play a part?

We've talked about online gaming before, but with casinos shutting down due to the virus, does this present an opportunity? The Wall Street Journal takes a look at how online gaming sites are preparing to step in during quarantine.

Online Gambling Stands Ready as Casinos Close An industry trade group is pushing states to allow online casino games as a way to replace tax revenue no longer flowing from brick-and-mortar casinos.

The latest numbers don't paint a great picture for the casino industry. Currently, officials estimate the coronavirus will cost the industry $21 billion in economic losses, as The Hill reports.

TheHill The Hill is a top US political website, read by the White House and more lawmakers than any other site -- vital for policy, politics and election campaigns.

What happens now? That seems to be the million dollar question when dealing with the coronavirus. Finance site The Motley Fool takes a look at next steps for the casino industry.

Casino Industry Goes on Lockdown: Here's What to Expect | The Motley Fool Most casino companies are shutting down operations this week to deal with the coronavirus outbreak.

As the coronavirus shuts down most entertainment venues, one industry is asking for help. Casino industry officials are asking lawmakers to provide financial aid, as the Washington Post reports.

Casinos ask Congress for emergency aid as coronavirus toll sweeps industry The requested aid for the casino companies could come in the form of direct cash payments, deferred taxes or special bankruptcy protections, said one person with knowledge of the conversations.

With concerns growing over the coronavirus, MGM has temporarily closed all its properties in Las Vegas.

MGM, Wynn close Vegas properties amid crisis Stating that the coronavirus outbreak is "a public health crisis that requires major collective action if we are to slow its progression," MGM, like Wynn, temporarily closed its Las Vegas properties.