Casinos

The Dow Jones Industrial Average stock index has the potential to reach the 40,000-point mark in 2021, according to Baird’s Patrick Spencer.

Mohegan Sun and Foxwoods are taking steps to fall in line with Connecticut’s rollback to Phase 2.1, though their approaches are slightly different. Mohegan Sun said all their restaurants and bars will fall in line with the state guidelines, which reduce restaurants to 50% capacity indoors and require in-restaurant dining curfews. In a statement, Jeff Hamilton, president and general manager…

Foxwoods and Mohegan Sun say they are voluntarily complying with most of the state’s new Phase 2.1 COVID-19 restrictions.

The U.S. casino industry is seeking tax and regulatory relief from the government as it tries to recover from a coronavirus outbreak that cost states more than $2 billion in lost tax revenue while casinos were shut down for four months this year.

Newly released emails obtained by The Associated Press show Connecticut Gov. Ned Lamont thought he was closed to reaching a wide-ranging gambling deal with the state’s two federally recognized Native American tribes. In an exchange in May with the chairman of the Mashantucket Pequots, the Democratic governor says he thought both sides were at the finish line, but talks...