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Monday’s business headlines

INDIANAPOLIS (WISH) – Here’s a look at Monday’s business headlines.

Wynn Gaming

Wynn Resorts is investing $80 million in a newly reorganized joint venture to pursue online betting in the U.S.

The deal with BetBull combines that company’s online betting operating with Wynn’s sports betting and social games in the U.S.

The plan is to expand to Indiana, Michigan and Colorado in the coming months.

Royal Caribbean

Royal Caribbean cruises is looking for passengers to do simulated cruises.

They want to test their health and safety protocol.

The simulated voyages are a part of the phased approach and must prove to the CDC the lines have the ability to mitigate COVID risks on ships.

Chipotle

Chipotle is encountering a staffing dilemma as COVID-19 continues to sweep the nation.

The recent resurgence in cases has forced the fast-casual chain to temporarily restructure its operations at a number of restaurants.

It’s worried as winter approaches when many expect cases to rise.

Stocks

Data is positive for president-elects when it comes to momentum. Since 2000, every time the S&P 500 was higher heading into Election Day, November and December came in green, too.

The first years of presidential terms have also been good ones of late. Since 1986, according to Leuthhold Group Data, they’ve seen average gains of 18.6%.