Category: Commercial Casinos
MGM reports record revenue in 2024’s first quarter
MGM Resorts International Wednesday reported revenue of $4.4 billion for this year’s first quarter, a quarterly record, and a 13%... more
Bally’s: “No urgency” about Tropicana site, Chicago profitability on track
During Wednesday’s earnings call with Wall Street analysts, Bally’s Corporation executives indicated no intentions for the site of the... more
Bally’s revenue up in first quarter, though profit swings to loss
Bally’s Corp. posted a loss of $173 million in the first quarter of 2024, released after the closing bell on Wall Street. This triggered a... more
Rush Street Interactive enjoys “strong momentum,” says CEO
Rush Street Interactive experienced “the same strong momentum with which we ended December,” according to CEO Richard Schwartz. He said... more
The UK’s online GGY rose 5 percent last quarter vs. 2023, while retail lagged
Total online gross gambling yield (GGY) from licensed betting operators across the UK for the quarter ending March 31 was £1.4 billion... more
Nevada Gaming Board recommends full license for Barry Diller
The Nevada Gaming Control Board Wednesday unanimously recommended full licensing for billionaire media mogul Barry Diller. Diller produced... more
Nevada regulators look to fine former MGM, Resorts World exec and revoke his gaming license
Four months after Scott Sibella, former president and COO of Resorts World Las Vegas, pleaded guilty to failing to report illegal gamblers... more
Caesars CEO: “Everything that could go wrong” did in “butt-kicking” at Vegas tables
The CEO of Caesars, Tom Reeg, said the company “isn’t in the habit of delivering quarters like this” when the gaming giant announced Q1... more
Caesars reports first-quarter decline in revenue and adjusted earnings
Caesars Entertainment Tuesday reported a decline in revenues and adjusted earnings compared to a record first quarter of 2023, but... more
Analyst: Las Vegas Strip’s lucky streak ending soon
Las Vegas casinos have seen three consecutive years of revenue growth, following their emergence from the COVID lockdown. But those good... more
