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Vici Properties, Gaming and Leisure Boosted FFO Guidance

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1 November

Vici Properties, Gaming and Leisure Boosted FFO Guidance

By Liev Jackson Blog • No Comments

For the second time in as many quarters, Vici Properties Inc. (NYSE:VICI) increased its full-year funds from operations (FFO) guidance, noting that the recent completion of the JACK Cincinnati purchase,…

1 November

Churchill Downs to Spend $300M on Trackside Hotel and HHR Parlor

By Liev Jackson Blog • No Comments

Churchill Downs Inc. (CDI) revealed further details Thursday regarding its plans for an onsite hotel and historical horse racing (HHR) parlor at its flagship racetrack in Louisville, Ky. In all,…

31 October

September Record for Nevada Casinos, Gaming Revenue Eclipses $1B

By Liev Jackson Blog • No Comments

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…

Michigan-house.
31 October

State of Michigan’s House Passes Sports Betting Legislation

By Liev Jackson Blog • No Comments

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…

31 October

Norfolk Casino Opposition Finds New Avenue to Block Tribal Resort

By Liev Jackson Blog • No Comments

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…

31 October

MGM Shares Fell on Q3 Vegas Results, Macau Provided Upside Surprise

By Liev Jackson Blog • No Comments

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…

31 October

Melco Resorts Announces Two Japan Non-Gaming Resorts

By Liev Jackson Blog • No Comments

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…

31 October

Ted Leonsis Believes Incorporating Sportsbooks Better Utilizes Pro Venues

By Liev Jackson Blog • No Comments

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…

31 October

Macau Junket Suncity to Operate Casino at Philippine Mega-Resort

By Liev Jackson Blog • No Comments

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…

31 October

MGM Resorts Establishes Online Betting Partnership With Yahoo Sports

By Liev Jackson Blog • No Comments

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…

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