Shareholders at Boyd Gaming, Bally's Entertainment and Caesars Entertainment will put on the ballot at the respective casino companies proposals to force the firms to study the costs associated with permitting smoking indoors.
All three casino companies fought to keep the proposals out of the proxy materials distributed to shareholders. The Securities and Exchange Commission denied the casinos' requests, and the proposals as well as the rational behind them were delivered to all shareholders.at its annual shareholder meeting Thursday. Bally's holds its annual meeting on May 16, and Caesars will follow with its own meeting, likely in June.
Proposal sponsors argue shareholders should know how much casinos pay in higher health insurance premiums for employees, greater maintenance costs and keeping away customers who hate the smoke. "Generally, if you look across the United States, when casinos prohibit smoking, revenues falls anywhere from 20% to 25%, which also then have a huge layoff factor with people starting to lose their jobs," she said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Gaming Gaming Latest News, Gaming Gaming Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
HIPTHER Invites You to Recognize Gaming Excellence at the Baltic & Scandinavian Gaming Awards 2024HIPTHER announces the Online Voting Session for the Baltic & Scandinavian Gaming Awards - BSG Awards 2024, recognizing Gaming and Tech Companies’ achievements in the Baltic and Nordic regions.
Source: Utoday_en - 🏆 295. / 63 Read more »
The gaming ecosystem giant E-PAL declares official entry in the Web3 gaming worldE-PAL, the top gaming ecosystem platform in the world, has officially announced its entry into Web3 gaming. Headquartered in LA, California, E-PAL is the leading social network where gamers pay for skills and interest-related matching with skilled E-Pals.
Source: Cointelegraph - 🏆 562. / 51 Read more »
Microsoft previews new Xbox Cloud Gaming interface with social features and UIMicrosoft is previewing a new Xbox Cloud Gaming interface today that includes the social features and UI you’d normally find in the Xbox dashboard. The new interface includes access to a web version of Xbox party chat, so you can use a browser to join a call with friends instead of the dedicated Xbox desktop and mobile apps. The updated web interface also includes the ability to find and manage Xbox friends, send messages, view user profiles and achievements, and even access notifications. Microsoft is testing this initially with Xbox Insiders before rolling this interface out to all Xbox Cloud Gaming users. As this new interface is part of Xbox Cloud Gaming, most of it will also be available on smart TVs and Meta’s Quest VR headsets, too. The Xbox party chat feature on the web isn’t currently available on smart TVs just yet, though. The Xbox Cloud Gaming interface had already been modeled on the Xbox console Home screen UI, so additional Guide features is a great improvement. Most of this functionality was only available once you launched an Xbox cloud game, so being able to start an Xbox party chat on the web and have it continue between game sessions will be very useful for Xbox Cloud Gaming players. As always, Microsoft is only previewing this new interface today, so it could be some months before all Xbox Cloud Gaming users will be able to get access to these new features
Source: verge - 🏆 94. / 67 Read more »