Location: +United States
AGEM Index drops 9 percent
The AGEM Index decreased by 109.86 points to 1,109.06 in April 2024, a 9 percent decrease from the prior month. Compared to one year ago,... more
GLI Group absorbs game-tester Trisigma
GLI Group announced today that it has obtained all outstanding assets of game-tester Trisigma. The latter was described by GLI as “a... more
Vici covets smaller Las Vegas casinos
Executives of Vici Properties, the real estate investment trust (REIT) that owns most of the major casinos on the Las Vegas Strip,... more
Sports-betting companies cut their ad spending by 21 percent last year
Consumers are seeing a lot fewer of the betting commercials that blanketed sports TV in recent years. Ads for sports gambling in the US... more
$1.5 billion makeover of Venetian detailed
After a quarter of a century, the suites at the Venetian Resort will be redone. The massive remodel is just part of a $1.5 billion... more
Penn’s 1Q24 results dragged down by subpar interactive returns
For the first 20 minutes of Thursday’s investors’ conference call, Penn Entertainment CEO Jay Snowden went to great lengths to... more
Las Vegas: Vici vows Venetian facelift
Vici Properties Wednesday announced first-quarter revenues of $951.5 million, an 8.4 percent improvement over the first quarter of 2023.... more
MGM credits regional and global reach, digital, and Marriott partnership as contributors to record Q1
MGM Resorts International’s earnings conference call Wednesday was marked by a slight change in presentation. Instead of CEO Bill... more
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
