Macau Casino Revenue Declines Again, October Kills Golden Goose
Macau casino gross gaming revenue (GGR) was in the red for a sixth month in 2019, as October’s haul came in at $3.28 billion – a 3.2 percent year-over-year decline….
Sands is the Dominant Player in Asia, Analysts don’t see That Changing
Las Vegas Sands Corp. (NYSE:LVS) operates five integrated resorts in Macau and the Marina Bay Sands in Singapore. That gives it a commanding presence in the Asian gaming market, one…
Sheldon Adelson Wants Las Vegas Sun Antitrust Lawsuit Tossed
LVS billionaire and owner of the Las Vegas-Review Journal (LVRJ) Sheldon Adelson has entered a motion to dismiss an antitrust lawsuit filed in September by The Las Vegas Sun, which…
Penn National Execs Confirm Talks Are Being Held on Tropicana Sale
Penn National Gaming (NASDAQ:PENN) is looking to reduce its debt burden, and part of that effort could include selling assets, such as the Tropicana Las Vegas. Penn National Gaming is…
Philadelphia Eagles and Unibet Announce Multiyear Partnership
The Philadelphia Eagles and Unibet have announced a multiyear partnership that will allow the online gaming operator to prominently display its brand at the NFL team’s Lincoln Financial Field. Unibet…
UK’s Nat West Bank to Offer In-Branch Counseling for Gambling Addicts
Gambling addicts in the UK could shortly receive counseling from their local bank as part of a new program soon to be trialed at select branches of NatWest, The Guardian…
Online Poker Returns to Pennsylvania, PokerStars to Soft-Launch Monday
On Monday, November 4, PokerStars is expected to deal the first legally licensed hand of online poker in Pennsylvania. It’s been more than eight years since the world’s biggest online…
Penn National Q3 Results Missed, but Analysts Like Cost-Cutting Plans
Shares of Penn National Gaming (NASDAQ:PENN) were lower by 2.70% in early trading Thursday after the company’s third-quarter results missed Wall Street estimates. But some analysts are urging investors to…
MGM Earnings Draw Mixed Reaction From Analyst Critiquing Asset Sales
MGM Resorts International (NYSE:MGM) stock is slightly higher in midday trading. That comes a day after the company reported third-quarter results that missed Wall Street forecasts, while revealing some softness…
Michigan House Passes Sports Betting but Governor Obstructive
Michigan’s House of Representatives passed a gambling expansion package Wednesday that would legalize sports betting, online gaming, and daily fantasy sports. But while there is an appetite in the legislature…