Category: Commercial Casinos

11/01/22 6:02 PM

Caesars Entertainment reports record earnings in the third quarter

  • Buck Wargo, CDC Gaming
In a report released Tuesday, Caesars Entertainment reported a third-quarter record for adjusted earnings. Same-store adjusted earnings of... more
11/01/22 4:32 PM

UPDATE: Churchill Downs completes $2.75 billion purchase of Peninsula Pacific assets

  • Rege Behe, CDC Gaming
UPDATE 11/1/2022: Churchill Downs Incorporated Tuesday announced it has completed the previously announced purchase of substantially all of... more
10/30/22 10:47 AM

Gaming and Leisure’s Q3 cash flow, revenue top forecasts; cost main hurdle to Las Vegas Strip deal

  • Matthew Crowley, CDC Gaming
Futures aren’t predictable, Gaming and Leisure Properties CEO Peter Carlino said; the best anyone can do is plan ahead. But observers may... more
10/30/22 10:46 AM

Aftereffects of Venetian, MGM Growth Properties deals help VICI double third-quarter revenue

  • Matthew Crowley, CDC Gaming
VICI Properties touted deals, including the acquisition of a Maryland casino’s land and the financing for a Texas wellness resort, as it... more
10/28/22 10:57 AM

Churchill Downs updates on deals, posts forecast-topping 3Q revenue

  • Matthew Crowley, CDC Gaming
Churchill Downs rode the momentum of a new partnership with FanDuel and closed acquisitions into its earnings call Thursday. The racetrack... more
10/27/22 8:06 PM

Red Rock Resorts reports flat revenue in Q3

  • Buck Wargo, CDC Gaming
Red Rock Resorts reported third-quarter revenue that was flat compared to 2021, even as the company remains bullish on fourth-quarter... more
10/27/22 11:42 AM

Strong Strip gaming win pushes September revenues in Nevada

  • Buck Wargo, CDC Gaming
Led by an 8.25% increase in Las Vegas Strip gaming revenue and increased visitation in September, Nevada posted its 19th consecutive month... more
10/26/22 5:25 PM

UK: Okto and Light & Wonder form exclusive cashless payments partnership

  • Rege Behe, CDC Gaming
Digital payments solutions provider Okto Wednesday announced an exclusive partnership to enable cashless payments on Light & Wonder’s... more
10/26/22 4:41 PM

Nevada: San Manuel Tribe and Palms Casino award $1.2 million in grants to charities

  • Rege Behe, CDC Gaming
Arts, social, and veterans’ organizations are among the recipients of $1.2 million in grants Wednesday announced by the San Manuel Gaming... more
10/26/22 2:29 PM

Louisiana: Horseshoe Lake Charles scheduled to open in December

  • Rege Behe, CDC Gaming
Caesar’s Entertainment Wednesday announced the Isle of Capri Lake Charles in Louisiana will re-open December 12 as Horseshoe Lake Charles,... more