Author: Deke
Megabucks jackpot for $12.4 million hit at Virgin River
A lucky casino guest was playing the Megabucks Triple Red Hot 7s Spitfire Multipliers game at the Virgin River Casino & Lodge in... more
Light & Wonder enhanced by Grover purchase, Truist analyst says
Truist Securities analyst Barry Jonas applauded Light & Wonder’s acquisition of Grover Gaming in a February 19 investor note, “Move... more
U.S. lawmakers reintroduce bill to eliminate federal sports betting handle tax
For the fourth time since the proliferation of sports wagering, Democratic Representative Dina Titus of Nevada and Republican Guy... more
Analyst: Caesars hold better than peers, but below consensus
According to a Wall Street analyst, Caesars Entertainment will show a better hold than its peers on the Las Vegas Strip when it releases... more
Light & Wonder brass laud synergies, new markets in Grover deal
“We’re extremely excited by the news,” said Light & Wonder CEO Matt Wilson of his company’s February 18 acquisition of Grover Gaming.... more
Analyst: Little impact on Rush Street Interactive from sudden Colombian tax
By presidential decree, Colombia has imposed a 19 percent value-added tax (VAT) on deposits with igaming operators. In a February 18... more
Light & Wonder makes $1 billion acquisition
Game manufacturer Light & Wonder has made a $1 billion purchase of North Carolina-based Grover Gaming, the latter announced on Feb. 18.... more
Mohegan issues first-quarter results, led by net revenue increase
The Mohegan Tribal Gaming Authority released its first-quarter results Thursday, led by a sizable uptick in net revenues, but also a net... more
Wynn touts record-setting 2024, but laments stock valuation
Wynn Resorts CEO Craig Billings, touting a record-setting 2024 and strength in 2025 in Las Vegas, said the gaming operator will continue to... more
Wynn Resort highlights planned London acquisition, potential new projects, including Las Vegas
Wynn Resorts highlighted its planned acquisition of a London casino, new opportunities, and what it would take to develop another resort in... more
