Casinos Need Help and Ask Congress for Money

Similar to the US airline industry, casinos need help in America and are now asking Congress for emergency finances as the gambling industry is taking huge losses during the Coronavirus outbreak. Las Vegas and other tourist destinations are hemorrhaging cash. The requested aid could come in the form of a comprehensive bailout package, similar to what lawmakers might give to the airlines, cruise companies and the hospitality industry. Other possibilities include direct cash payments, deferred taxes or special bankruptcy protections, The Washington Post reports, citing two people with knowledge of the conversations who were not authorized to speak publicly. One…