September Record for Nevada Casinos, Gaming Revenue Eclipses $1B
Nevada casinos reported a record September, as the 447 gaming floors across the state kept more than $1 billion of their customers’ betting money. Las Vegas and Nevada casinos were…
State of Michigan’s House Passes Sports Betting Legislation
Michigan, with nearly 10 million residents is the 10th largest state in the union. They took a big step forward on Wednesday towards legalizing sports betting when the House of…
Norfolk Casino Opposition Finds New Avenue to Block Tribal Resort
Opponents to a proposed Norfolk casino have developed a new avenue to potentially block the $700 million tribal gaming project after they failed to obtain the minimum required signatures to…
MGM Shares Fell on Q3 Vegas Results, Macau Provided Upside Surprise
Shares of MGM Resorts International (NYSE:MGM) slid more than three percent during Wednesday’s after-hours session. That happened after the company reported third-quarter results that missed estimates. The stock was lower…
Melco Resorts Announces Two Japan Non-Gaming Resorts
Melco Resorts says it will invest JPY 27 billion ($250 million) to build two non-gaming properties in Japan – a hot spring resort in Hakone, near Tokyo, and a ski…
Ted Leonsis Believes Incorporating Sportsbooks Better Utilizes Pro Venues
Ted Leonsis, the billionaire who controls three professional sports teams in Washington, DC, says incorporating sportsbooks into stadiums and arenas better utilizes the real estate assets during off periods. Ted…
Macau Junket Suncity to Operate Casino at Philippine Mega-Resort
Junket giant Suncity is set to continue its transition from middleman to major international casino operator through a new deal that will see it manage the gaming operations of the…
MGM Resorts Establishes Online Betting Partnership With Yahoo Sports
MGM Resorts International and Yahoo! Sports have entered into a long-term relationship that will allow the Las Vegas gaming company to connect its sports betting online platform to the popular…
MGM Responds to Dismissal Motion in Lawsuit Over Connecticut Casino
On Tuesday, MGM Resorts International filed its response in federal court to a motion made by the US Interior Department to dismiss the Las Vegas company’s lawsuit over a proposed…
Twin River Likely Suffered a Setback in Its Rhode Island Lottery Effort
Twin River Worldwide Holdings, Inc.’s (TRWH) effort to wrest control of Rhode Island’s lottery from rival International Game Technology Plc (IGT) may have suffered a blow earlier this week. An…