Analysts Eye Second Half 2020 Rebound For Macau Operators
Investors looking to prepare for a possible rebound in Macau’s gross gaming revenue (GGR) in the back half of 2020 can do some early shopping by considering two of the…
Hollywood Casino York Approved, Gaming Coming to Pennsylvania Mall
Hollywood Casino York, Penn National’s $120 million satellite gaming venue at the York Galleria Mall, has been approved by state regulators. The former Sears store at the York Galleria won’t…
Hard Rock International Isn’t Giving up on Hokkadio Quite Yet
In November, Hokkaido Governor Naomichi Suzuki said his prefecture was withdrawing from the competition to become home to an integrated resort, leaving some operators in the lurch. Hokkaido is out…
California Tribe Becomes Official Casino Partner of LA Rams, Chargers
A California tribe has secured the rights to be the Official Casino Partner of the Los Angeles Rams and Los Angeles Chargers, as well as the NFL teams’ future home,…
Pansy Ho Continues Reducing Her Equity Stake in MGM Resorts
Pansy Ho, the eldest daughter of Macau gaming mogul Stanley Ho, continues paring her stake in MGM Resorts International (NYSE:MGM). Pansy Ho continues departing MGM stock and now owns just…
Las Vegas Stadium Authority Dismisses Culinary Union Leader
Geoconda Arguello-Kline, a union leader who serves as secretary-treasurer of the Culinary Union, garnered widespread support in her nomination for the Las Vegas Stadium Authority (LVSA) Board of Directors. Culinary…
Penn National Gaming Director Busted for Embezzling Gift Cards
Penn National Gaming’s (PNG) former director of benefits is facing multiple of charges of theft for allegedly pilfering gift cards that she should have bestowed on the company’s employees. Denise…
Wynn Extends Maddox Through 2022, Adds Performance Clause
Wynn Resorts, Ltd. (NASDAQ:WYNN) said its board of directors unanimously voted to extend CEO Matt Maddox’s employment contract through the end of 2022. The board of Wynn Resorts voted unanimously…
Pennsylvania Sports Betting Surges as Handle Tops $300M in November
Sports betting in Pennsylvania continued its ascent as the state’s sportsbooks took in nearly $316.5 million in wagers for November. According to an announcement Tuesday from the Pennsylvania Gaming Control…
Macau Casino Revenue in December Pacing for Worst Month in 2019
Macau casino revenue through the first half of December is dragging behind what was already rather weak projections from gaming industry analysts. Macau casino revenue hasn’t benefited from an influx…