Month: October 2019
Churchill Downs announces $300 million makeover of namesake track, tops analysts forecasts
A $42.3 million after-tax gain in 2018’s third quarter skewed year-to-year earnings comparisons for Churchill Downs. But the racetrack... more
Penn says new ‘competitor’ in the northeast slices in company’s Massachusetts results
Regional casino giant Penn National Gaming has 41 properties in 19 states. So a third quarter dip in one market can be offset by results... more
Golden Entertainment promotes Fiumara to regional SVP; names new STRAT general manager
Golden Entertainment said Thursday it was promoting STRAT Las Vegas general manager Chris Fiumara to regional senior vice president of... more
MGM Resorts grows quarterly revenues, confirms additional real estate transactions
Even after selling Circus Circus Las Vegas and negotiating a sale-leaseback of the Bellagio, MGM Resorts International said Wednesday the... more
UNLV Panel: Las Vegas’ image great for tourism, but creates exec recruiting challenge
The perception of Las Vegas as Sin City is great for hospitality and tourism but makes it tough for casinos and other gaming-related... more
Black Hawk expansion opening delayed as Monarch misses on earnings and revenue forecasts
For Monarch Casino, the waiting seems to be the hardest part. Reno-based Monarch warned its long-awaited Black Hawk, Colorado, casino... more
Four straight months: Nevada gaming revenues jump 6.8% in September, LV Strip up 7%
September’s gaming revenue totals in Nevada didn’t only represent the state’s fourth consecutive monthly increase of 2019. The $1.059... more
TribalNet CEO: Tribes can take the lead on cashless casinos and sports betting
The CEO of the upcoming TribalNet conference and tradeshow said American Indian casinos can lead a gaming industry-wide conversion toward... more
SJM grows profit despite 42.6% drop in VIP revenue
A high performance in Adjusted EBITDA helped SJM post HK$738 million in profit, a rise of 4.5%, during the third quarter despite a major... more
Sports betting partnership unites Yahoo Sports and MGM Resorts
MGM Resorts International and media giant Yahoo announced a partnership agreement Tuesday geared toward mobile sports betting that will... more
