Coronavirus, Casino Stocks, Olympics: What We’re Watching Monday

Author:
Publish date:
Video Duration:
4:27

And it’s Monday.

Here’s are the top sports and business stories as of Monday, March 30.

Olympics Rescheduled

The Olympics officially have a date. They’ll kick off on July 23, 2021 and will end on August 8, 2021.This is nearly a year to the date from when the Olympics were supposed to kick off on July 23, 2020.However, this year long delay could cost $4 billion, which is just added to the $12.6 billion that Japan has already spent on the Olympics.

From Sports Illustrated:

Coronavirus + Sports: Olympics 2021, NBA Season Could Converge


Latest on the Coronavirus

So, with the delay of the Olympics due to the coronavirus, let’s take a look at the cases worldwide. There are over 741,000 cases of the virus across the world, with over 35,000 deaths.The U.S. has the highest amount of cases, topping 143,000. And New York State is at the epicenter, with nearly 60,000 cases. 33,000 of those cases are in New York City. Bill de Blasio, mayor of New York, is pleading with the government to assist the city as NYC’s 911 system is overwhelmed and the hospitals are flooded with coronavirus cases. The U.S.N.S. Comfort, a floating naval hospital, was deployed to New York City arrived this morning. The Comfort will aid hospitals overwhelmed by coronavirus patients. The ship will be taking patients who do not have the virus.

From TheStreet: Coronavirus: Latest Updates, Timeline of Recent Events

Stimulus and the Casinos
And, finally, are the casinos going to get help from the $2 trillion stimulus package? The casino industry was not aided by the relief package passed during Hurricane Katrina. The industry, which is facing $43.5 billion in lost revenue, and has around 650,000 people out of work, is hopeful that the government will step in with a helping hand. Watch the full video above for more.

From TheStreet: Stocks Rise as Wall Street Rebound Continues

Catch up on the Latest Videos on TheStreet!