Tag: PlayEngine
California card rooms impugn attorney general’s motives for new rules
For Kyle Kirkland, it’s a matter of money talking — and of tribal-casino money talking loudest. That, he said, is at the root of new... more
Missouri casinos generate $160.6 million in revenue in February, up 7.6% year-over-year
Missouri casinos recorded $160.6 million in revenue in February, up 7.6% year-over-year. The figures, published by the Missouri Gaming... more
Century execs stress better 2026 in earnings call
Accentuating the positive, Century Casinos leadership stressed improved 2026 performance in its fourth-quarter earnings call. The best... more
Resorts World Las Vegas president calls his property prime location for an NBA arena
Undeveloped land surrounding Resorts World Las Vegas is a prime spot for an arena that would benefit the north end of the Strip, according... more
Casino owner Michael Gaughan III criticized for slow response to Nevada regulators
Longtime casino licensee Michael Gaughan III, son of South Point Casino owner Michael Gaughan, drew criticism Thursday from Nevada... more
Utah’s anti-gambling tradition meets Kalshi and Polymarket in a new legal fight
SALT LAKE CITY (AP) — For more than a century, Utah has kept gambling almost entirely out of the state. There are no casinos, no... more
Ohio: Penn Entertainment to open hotel tower at Hollywood Casino Columbus June 12
Penn Entertainment announced on Thursday that it expects to open its new state-of-the-art hotel tower at Hollywood Casino Columbus on June... more
ParkMGM seeks regulatory okay to film patrons playing table games in salon
Park MGM is seeking approval from Nevada gaming regulators to open a salon that for the first time will allow patrons playing at table... more
TPI provides a full suite of marketing programs for casinos
TPI has not always worked with casinos. The company, which began in Des Moines, Iowa, in 1973, started as a direct mail distributor for a... more
Illinois: All casinos report higher revenue in February, with statewide bump of 18.6%
Illinois casino revenue rises 18.6% year-over-year to $167.6 million in February, fueled by the opening of the temporary Fairmount Park in... more
“The Keys” to Success – Lockdogs awarded Alberta Gaming contract
A sure thing is often referred to as a “lock” in sports betting. In the casino gaming industry, the only sure thing is Lockdogs, the... more
Tribal leaders warn of threat from unregulated prediction markets
Tribal leaders and national Indian Country organizations met Tuesday at the United Indian Nations of Oklahoma March quarterly meeting at... more
Las Vegas visitor declines attributed to mid- and lower-income segments in 2025, but those who came remained satisfied
The Las Vegas Convention and Visitors Authority Tuesday released its annual visitor profile that looks back at the previous year. Las Vegas... more
New York full-scale commercial casino revenue hits $53.2 million in February, up 4.2% year-over-year
New York’s four full-scale commercial casinos generated $53.2 million in revenue last month, up 4.2% from February 2025. The figures,... more
Boyd Gaming sets March 25 opening for newest Las Vegas casino
Boyd Gaming has set March 25 as the opening of the Cadence Crossing in east Henderson, the newest Las Vegas area casino opening. The... more
Swiss casino honored in Las Vegas for catching baccarat scammers
A Swiss casino has been recognized in Las Vegas with an excellence in surveillance award for detecting baccarat scammers. Swiss Casinos... more
February’s U.S. casino visitation portends revenue rebound for regionals
Data compiled by J.P. Morgan investment bank pointed toward a four percent-plus revenue pickup at regional casinos in February. The... more
Wall Street Bets: Genius Sports, Churchill Downs, Accel Entertainment, Sportradar
Genius Sports acquisition of Legend media network Truist Securities’ Barry Jonas looked at Genius Sports on March 4: “Q4 was inline... more
Cutting-edge surveillance technology being developed for casinos
Cutting-edge tech developers are making advancements in video and computer-vision technology using artificial intelligence for surveillance... more
Nevada gaming regulators issue cybersecurity warning to casinos
The Nevada Gaming Control Board late Friday released a warning to casinos alerting them to an increase in cybersecurity incidents in the... more
Top casino scam of 2025: Hidden camera in Mickey Mouse T-shirt
A married couple from Kazakhstan won more than $800,000 at different card games at a Crown Sydney casino using a tiny camera hidden in a... more
American Place performance hailed by Full House execs
“It was a very good fourth quarter , but the comparisons weren’t very straightforward,” said Full House Resorts President Lewis... more
FBI cyber agent warns casinos to remain vigilant against attacks
An FBI agent who investigates cybercrimes told the casino industry Thursday to remain vigilant toward threats coming their way, and that... more
Cage-theft scams continue following 2023 nationwide successes in casinos
Three years since scammers started targeting casino cages nationwide to steal millions of dollars, law-enforcement officers say criminals... more
Cyber expert presents gloomy outlook on hacks at Las Vegas casino security conference
A cybersecurity expert gave a somber look at the growing number of attacks against casinos and other businesses, stating that it will be... more
Las Vegas: Palms Casino promotes two, hires new employee for executive team
Palms Casino Resort in Las Vegas on Wednesday announced two internal promotions and one new executive hire. The leadership updates include... more
New competition challenges Virginia HHRs in January and February
Historical horse racing machines (HHR) in Virginia returned $44.7 million in January. That was a 10.4 percent increase year over year, but... more
Accel plans to stay the course, take advantage of new opportunities, through leadership changes
It’s a time of transition for Accel Entertainment. Founder and President Andy Rubenstein is leaving his role as CEO and assuming the role... more
At Summerlin sportsbook opening, Caesars exec says prediction markets are ‘formidable’ competitors
As Caesars Entertainment expands its sports betting operations from the Strip into the affluent suburbs for the first time, the president... more
Annual World Game Protection Conference starts Tuesday in Las Vegas
The World Game Protection Conference kicks off Tuesday in Las Vegas and cybersecurity and digital crime will be a focus on Wednesday as the... more
California: Graton Resort & Casino to debut smoke-free casino floor, new food offerings this year
Graton Resort & Casino in Rohnert, California, will debut the next phase of its $1 billion expansion on May 4. New offerings include a... more
Gaming Laboratories International accredited in new Argentina jurisdiction
Gaming Laboratories International recently announced it is the first test laboratory to be accredited by the Caja de Asistencia Social –... more
Ohio casino revenue hits $79.6 million in January, up 2.3% year-over-year
Ohio casinos recorded $79.6 million in revenue for January, up 2.3% year-over-year. The figures, published by the Ohio Casino Control... more
There’s much more to Resorts World than just gaming
Resorts World Las Vegas has much to offer its patrons. There are rooms that epitomize luxury, pristinely clean and well appointed. The... more
Strip gaming numbers show some good signs in betting volume despite decline
Despite January’s gaming revenue on the Las Vegas Strip falling 11% year-over-year, some good signs are emerging to start 2026, with... more
Receiving Nevada license, Resorts World board chairman Sandoval reassures gaming regulators over casino’s prior failures
The chairman of the board of Resorts World Las Vegas said Nevada gaming regulators can be confident of the dialogue between local... more
Las Vegas visitation decline narrows in January, down only 2.2% year over year
Visitation to Las Vegas dropped 2.2% in January, the smallest decline in a year, as the tourist destination stemmed the decrease it saw... more
Las Vegas: Steep decline in baccarat hold drops Strip gaming revenue 11% in January
Casinos on the Las Vegas Strip saw baccarat hold cut in half and took a hit in gaming revenue in January, recording a 11% decline. The... more
IGA condemns federal regulator authorizing nationwide gaming, urges congressional action
The Indian Gaming Association continued its assault on prediction markets Friday by going after the federal regulatory body that enabled... more
Louisiana casino revenue up 10.4% year-over-year in January to $199 million
The Louisiana Gaming Control Board reported revenue of $199 million from the state’s casinos in January, up 10.4% year-over-year. January... more
Caesars Entertainment considering takeover offers; Tilman Fertitta could bid: report
The Financial Times reported Thursday that Caesars Entertainment is weighing takeover offers and cited a potential bid from Texas... more
Las Vegas airport passenger counts continue decline to start 2026
Led by a 19% decline in international travelers, the passenger count at the Las Vegas airport continued its downward slide to kick off 2026... more
Vici calls 2025 a “normalization” of Las Vegas
During Vici Properties’s fourth-quarter earnings call, President John Payne was at pains to defend the company’s Las Vegas properties.... more
Colorado casinos generate $92.1 million in revenue in January, up 13.9% year-over-year
Colorado casinos generated $92.1 million in revenue in January, up 13.9% year-over-year. According to the latest report from the Colorado... more
Churchill Downs paints a positive outlook for 2026 and beyond
During Thursday morning’s fourth-quarter results conference call, Churchill Downs CEO Bill Cartanjen painted a rosy picture of the... more
IGA chair highlights San Diego tribal gaming tradeshow attendance as step to fight prediction markets
After traveling across the country, meeting with tribes and lobbying members of Congress earlier this month, the chairman of the Indian... more
Light & Wonder execs stress bright future in earnings call
2025 was “a pivotal year for Light & Wonder,” according to CEO Matt Wilson. He delivered this opinion during the company’s... more
Resorts World Las Vegas financial performance is a ‘blip’ and will improve, Genting Berhad CEO says
The CEO of Genting Berhad said the financial performance at Resorts World Las Vegas will improve in time. Two top executives from Genting... more
Maryland’s OTB operators press for historical horse racing
The Maryland Legislature is set on Wednesday to hear testimony on the purported need for historical horse racing (HHR) machines. The... more
The big picture – what casinos need to know about high-tech cameras and cutting-edge gaming surveillance
The need for efficient and cost-effective casino security and surveillance operations has increased proportionally with the complexity of... more
Kinectify hopes to help gaming industry solve AML, regulatory issues
When Joseph Martin started Kinectify in 2020, his company’s services weren’t always understood by the gaming industry. Kinectify, a... more
J&J Gaming ready for more growth nationwide after completing two acquisitions
The Nevada Gaming Commission is poised to give regulatory approval to route operator J&J Gaming related to financing, following its... more
Nevada regulators to consider Black Book nomination of illegal bookmaker Nix
The Nevada Gaming Commission Thursday will consider a recommendation from the Gaming Control Board to place a California man convicted of... more
British government mulls sponsorship ban on unlicensed gambling companies
LONDON (AP) — Gambling companies who do not have a license in the United Kingdom might be banned from sponsoring teams in soccer’s... more
Wall Street Bets: Gaming legislation, Gaming & Leisure Properties, Caesars
Will igaming be legalized in Virginia? David Katz of Jefferies on February 22 wrote about state legislatures that are debating... more
IGA gears up for next month’s tradeshow, while planning big changes for 2027
The Indian Gaming Association (IGA) is gearing up for its annual tradeshow and convention that returns to San Diego at the end of March,... more
Former Shuffle Master CEO, UNLV educator Mark Yoseloff dies
Dr. Mark Yoseloff, a gaming innovation icon with more than 60 patents who was the founding executive director of the Center for Gaming... more
GLPI “open for business” in New York City
Peter Carlino, CEO of Gaming & Leisure Properties Inc., was down for the count with back pain. But his absence from GLPI’s... more
Las Vegas: Ellis Island Casino & Hotel begins next phase of expansion and renovation plan
Ellis Island Casino & Hotel in Las Vegas on Friday announced it has completed the second phase of a $35 million expansion and... more
CDC Roundtable: Are casinos doing enough to serve their customers? The answer is no
As an influencer and content creator, Kelly Koffler visits casinos across the country. Her channels, Casino Kelly and Beyond Blackjack,... more
Las Vegas: The Orleans thrives with an emphasis on customer service
Since opening 30 years ago, the Orleans in Las Vegas has earned a very Dickensian reputation. General Manager Chris Joy calls it a “tale... more
Pennsylvania: Igaming surge pushes overall casino revenue up 11.6% year-over-year in January
Pennsylvania’s casinos reported $590.6 million in revenue from all forms of gaming in January, up 11.6% from January 2025, and $249.3... more
Las Vegas: Kenny Epstein shepherds the El Cortez into a new era
At 84, Kenny Epstein has exceeded the normal retirement age by almost 20 years. In his office at the El Cortez Hotel and Casino in downtown... more
Caesars CEO says there’s ‘no crisis’ in Las Vegas and the Strip is looking up in 2026
The CEO of Caesars Entertainment said Tuesday there’s “no crisis” on the Las Vegas Strip, which he claims is holding up “quite... more
Tribal cybersecurity summit headlined by former U.S. Secret Service agent kicks off Wednesday
The 6th Annual TribalHub Cybersecurity Summit kicks off Wednesday led by a keynote address from a former U.S. Secret Service agent warning... more
Trump administration backs Kalshi, Polymarket as states move to ban prediction markets
NEW YORK (AP) — The Trump administration is throwing its support behind the prediction market operators Kalshi and Polymarket in a... more
Harrah’s Oklahoma to open April 9, partnership between Caesars and Iowa Tribe
Joe Scibetta has been part of nine casino openings during his career, including operations in Philadelphia, Pittsburgh, and Des Plaines,... more
Wall Street Bets: DraftKings, Wynn Resorts, DoubleDown Interactive
DraftKings’ fourth-quarter results draw scrutiny Barry Jonas of Truist Securities looked at Draft Kings’ fourth-quarter... more
International Association of Gaming Regulators names Kevin Mullally its first CEO
The International Association of Gaming Regulators (IAGR) on Tuesday announced the appointment of Kevin Mullally as its first Chief... more
Two sportsbooks open in Nevada, and gaming regulators consider prediction market impact on Super Bowl betting
Boomer’s Sportsbook and Caesars Entertainment each opened new sportsbooks in Nevada last week and are poised to open more in the coming... more
Indian Gaming Association hosts congressional briefing on prediction markets
The Indian Gaming Association (IGA) hosted a congressional briefing last week with the U.S. Senate Committee on Indian Affairs in... more
At Resorts World Las Vegas, Carlos Castro says teamwork is key to success
The website for Resorts World Las Vegas carefully highlights the full range of amenities on the property. Sections cover lodging, dining,... more
Wynn CEO optimistic about Las Vegas luxury market in 2026, explains Q4 decline
While occupancy was down in the last three months of last year, Wynn Resorts’s CEO pointed to a big difference in hold between the... more
Bally’s sells Rhode Island casino land, obtains construction financing
In a $700 million transaction, Gaming & Leisure Properties Inc. (GLPI) has purchased the real estate of Bally’s Lincoln in Rhode... more
Kansas: Gilley’s Gambling Hall opening boosts statewide casino revenue up 105% year-over-year in January
Kansas casino revenue reached $62.8 million in January, up 105% year-over-year, boosted by the December opening of Gilley’s Gambling... more
Resorts World Las Vegas board chair Sandoval says property has ‘bright’ prospects
Brian Sandoval, the chair of the Resorts World Las Vegas Board of Directors, told Nevada gaming regulators Wednesday the property has put... more
Poker Palace to reopen by mid-April under new name: Club Fortune North
A North Las Vegas casino that closed in October under the name Poker Palace and has since undergone a remodel is scheduled to reopen by... more
Missouri: 12 of 13 casinos see revenue rise in January, up 13.1% year-over-year statewide
Missouri riverboat casinos record 13.1% year-over-year revenue increase in January Missouri casinos generated $158.3 million in revenue in... more
Red Rock cites record 2025 and strength to start 2026, touts Durango and Vegas-area capital projects
Red Rock Resorts showed the dichotomy in the Las Vegas casino industry of neighborhood casinos versus the Strip by posting record revenue... more
IGA chairman warns tribal leaders of illegal sweepstakes and prediction markets, urges action
Indian Gaming Association Chairman David Bean kicked off the National Congress of American Indians Executive Council meeting Tuesday in... more
Prediction markets might have played role in reduced Nevada Super Bowl handle
The emergence of prediction markets, proliferation of sports betting around the country, reduced Las Vegas visitation, and lack of star... more
CDC Gaming and Global Gaming Women announce launch of GGW Bulletin Board
CDC Gaming and Global Gaming Women (GGW) are pleased to announce the launch of the GGW Bulletin Board, a new centralized online hub... more
UNLV alum, Wynn Resorts establish $2 million scholarship for employees’ children
Wynn Resorts and its CEO Craig Billings have established a $2 million endowment to create the Craig S. Billings Endowed Scholarship for the... more
Illinois casinos report 14.6% year-over-year revenue increase for January
Illinois casinos generated $165 million in revenue January, up 14.6% year-over-year. According to the latest report from the Illinois... more
‘Quiet’ 2026 on igaming expansion and tax fronts, pundit says
A quiet year on the U.S. legislative front, with no new igaming or online sports betting (OSB) states expected, was forecast in a February... more
Wall Street Bets: Double Down Interactive, online sports betting and igaming, Las Vegas Sands, MGM Resorts
. DoubleDown revenue estimates higher Josh Nichols of B Riley Securities on February 9 looked at DoubleDown Interactive: “Our revenue... more
Prediction markets: Will Supreme Court or Congress settle the issue?
As tribal leaders meet this week in Washington, D.C., the Indian Gaming Association (IGA) is continuing its push against sports prediction... more
MGM Resorts CEO says company will rebound in 2026
During Thursday’s investors call, MGM Resorts President and CEO Bill Hornbuckle admitted to a slight downturn in revenue on the Las Vegas... more
Boyd Gaming execs bullish on 2026, opening Cadence Crossing in Henderson in March
Coming off record revenue reported in the fourth quarter, Boyd Gaming executives are bullish on 2026 based on their property investments,... more
Analysts split on Monarch’s future
Wall Street analysts had differing takes on Monarch Casinos & Resorts’ trajectory, as evinced by a pair of February 4 investor notes.... more
Raving Next: Executives raise concerns about prediction markets
The executives who participated in a session at Raving Next Casino Strategy and Operations Summit Wednesday had various concerns about the... more
MGM and Boyd kick off Las Vegas Q4 earnings calls Thursday
The gaming industry will get its first in-depth look at the recent Las Vegas scene Thursday afternoon when Boyd Gaming and, unexpectedly,... more
Harsh weather impairs U.S. land-based gambling, analysts say
Visitation to United States regional casinos was down 5.4 percent in January, according to J.P. Morgan analyst Daniel Politzer. However,... more
Raving Next: AI enables those who use it to increase productivity
Andrew Cardno, Quick Custom Intelligence’s Co-Founder and Chief Technology Officer, made a stunning claim during Wednesday’s Raving... more
UK’s first dedicated Aristocrat gaming space launches at London’s Empire Casino
Metropolitan Gaming, in partnership with Aristocrat Gaming, has introduced Aristocrat on the Square, a new gaming experience for guests at... more
Quick Custom Intelligence’s banner 2025 derived from advances in artificial intelligence
Recently, a co-worker of Andrew Cardno at Quick Custom Intelligence, Nick Salemi, designed a slot dashboard using Chatalytics, the... more
Economic Club panel talks AI’s future impact on the Las Vegas casino industry
Artificial intelligence will threaten jobs in the Las Vegas casino industry while helping with sports betting integrity, but it won’t... more
Raving Next: Prediction markets the #1 issue confronting tribal gaming in 2026
To kick off Raving Next’s Casino Strategy and Operations Summit, Raving CEO Deanna Scott briefly encapsulated the state of tribal gaming.... more
Stock weakness defies ‘consistent and solid’ gaming trends, Truist analyst says
Gaming stocks have performed weakly so far into 2026, said Truist Securities analyst Barry Jonas in a February 3 investor note. The... more
Accel Entertainment shuffles executive posts as founder/CEO becomes chairman
Distributed-gaming operator Accel Entertainment announced Monday that founder and CEO Andy Rubenstein has been named chairman of the... more
Wall Street Bets: Genius Sports, Macau, New York online sports betting, Las Vegas Sands
Genius Sports outlook Barry Jonas of Truist Securities on February 2 commented on a recent meeting with Genius Sports: “We hosted... more
Las Vegas evolves to meet consumer demand, casino CEOs say
Two of Las Vegas’ leading casino CEOs reminisced about their experiences with some of the city’s greatest gaming executives who... more
The future of Las Vegas ‘looks bright,’ tourism chief says
A 7.5% drop in visitation and flat gaming revenue year-over-year on the Las Vegas Strip didn’t deter the optimism coming from the... more
ICE Barcelona: 2026 World Cup betting outlook
The 2026 FIFA World Cup is already reshaping how operators think about tournament betting, not because of hype, but because of practical... more
MGM CEO says narrative about Las Vegas’s demise needs to stop
The CEO of MGM Resorts International told applauding business leaders Friday that the national narrative about the Las Vegas’ dim future... more
IGT sees greater crossover of hit US games into international markets
Global gaming supplier International Game Technology (IGT) says it is growing increasingly confident that games with a proven track record... more
ICE Barcelona: AI is changing the sports betting game
Artificial intelligence is no longer a future consideration for sports betting. It’s already embedded across product development,... more
Las Vegas airport sees third-highest annual passenger total in 2025
Despite a 6% year-over-year decline, Harry Reid International Airport in Las Vegas closed 2025 with nearly 55 million passengers, marking... more
New Sports Betting Alliance President Joe Maloney has long warned about disruptions to gaming industry
During his tenure at the American Gaming Association, Joe Maloney was gently chided for warning about illegal gaming markets and their... more
Nevada regulators hope year-old Resorts World Las Vegas board helps property move forward
The Nevada Gaming Commission signed off on Michelle Ditondo to be licensed as a member of the year-old Resorts World Las Vegas Board of... more
Nevada regulators put off considering Black Book removal of Las Vegas entertainer
The Nevada Gaming Commission Thursday punted until February 26 on its decision whether to grant a hearing to a Las Vegas entertainer... more
CDC Gaming announces promotion of Cory Roberts to Chief Operating Officer and Publisher
CDC Gaming is pleased to announce the promotion of Cory Roberts to Chief Operating Officer and Publisher of CDC Gaming, effective 1 January... more
CBRE analyst touts Las Vegas locals casinos
While the storyline for Las Vegas is the decline in tourism and flat gaming revenues on the Strip after years of growth since the pandemic,... more
Las Vegas tourism officials hoping to build off visitation slump of 2025
Las Vegas’ 2025 visitation, 38.5 million, is reminiscent of what the city saw in the first decade of the 2000s, but tourism officials are... more
Rob Goldstein given sendoff at final earnings call as Las Vegas Sands CEO, Chairman
Las Vegas Sands CEO and Chairman Rob Goldstein said his goodbyes Wednesday to Wall Street analysts, as he appeared in those roles for the... more
Sands executives exuberant over Singapore fourth quarter
Calling it the “greatest quarter in the history of casino-hotels,” Las Vegas Sands reported Marina Bay Sands (MBS) in Singapore... more
Nevada and Las Vegas Strip see slight increase in full-year 2025 gaming revenue
Nevada and the Las Vegas Strip finished 2025 just edging out their performance in gaming revenue in 2024. Nevada Gaming Control Board... more
Lower hold prompts steep drop in Las Vegas Strip gaming revenue in December
Prompted by a lower hold in slots and baccarat, the Strip ended 2025 on a sour note, with a 6% drop in gaming revenue in December. Most... more
Kentucky HHRs surge in December
Churchill Downs’s opening of an Owensboro, Kentucky, gambling parlor in February 2025 helped power historical racing machines (HHR) to a... more
Q4 earnings season in the gaming industry gets underway Wednesday
As Las Vegas Sands kicks off gaming’s first high-profile fourth-quarter earnings report Wednesday afternoon, Bank of America has... more
Analysis: Super Bowl wagering expected to reach $1.7 billion
New analysis released Tuesday indicates sports bettors’ appetite for wagering on the Super Bowl is unrivaled in the United States.... more
South Dakota: Deadwood casino revenue up 6.1% year-over-year in December
Deadwood’s 22 casinos generated $12 million in revenue for December, up 6.% from the previous year. According to the latest report from... more
Galaxy Gaming launches Monopoly progressive games at four of Metropolitan Casinos’ London locations
Galaxy Gaming on Monday announced the official U.K. launch of Monopoly Table Games Progressive, starting with the installation of Monopoly... more
Wall Street Bets: Rush Street Las Vegas Sands, DraftKings, Caesars, Genius Sports
Rush Street’s potential for Maine igaming David Katz of Jefferies on January 25 commented on igaming in Maine in regards to Rush... more
Gaming analyst favors Sands, DraftKings in soft fourth quarter
“Gaming stocks are carrying a lot of baggage and negativity right now,” wrote J.P. Morgan analyst Daniel Politzer in a January 23... more
Nevada regulators to consider removing Italian crooner from Black Book so he can perform in casinos
The Nevada Gaming Commission on Thursday will consider removing a Las Vegas man from its Black Book of excluded persons to give him a... more
ICE Barcelona: Integrity critical for expansion of sports betting
As regulated sports betting continues to expand, industry leaders increasingly view integrity as a growth enabler, rather than a... more
Nebraska: New and expanded casinos drive casino revenue up 46.3% year-over-year in December
Nebraska’s five commercial casinos generated $26.1 million in revenue for December, up 46.3% year-over-year, fueled by casinos that... more
Indiana: Wayne County united as it lobbies for bill for casino relocation
A delegation of Wayne County, Indiana, community leaders traveled to the Statehouse this week to advocate for Wayne County’s inclusion in... more
ICE Barcelona: Personalization of sports betting leads to convergence of viewing and betting
As sports betting matures throughout the world, the next phase of growth is increasingly defined by how well the industry understands the... more
ICE Barcelona: Sports leaders navigating trickier waters
Inside the Sport Leaders Conference at ICE Barcelona, the conversation around sports betting was less about what comes next and more about... more
Pennsylvania: Gaming revenue of $6.79 billion sets record for fifth straight year
The Pennsylvania Gaming Control Board reported Wednesday that the Commonwealth generated $6.79 billion from all forms of gambling in 2025,... more
CDC Roundtable: Technology will fuel casino growth in coming years
Artificial intelligence affects almost every aspect of contemporary life, and the gaming industry is not immune. AI has become essential to... more
Massachusetts: All casinos see revenue declines in December, down 4.2% year-over-year
Massachusetts’ three commercial casinos generated $97.9 million in December, up 4.2% from December 2024. The latest report from the... more
Pennsylvania igaming haul masks drop in slot revenue, as state sees 15.6% jump year-over-year
The Pennsylvania Gaming Control Board on Tuesday reported gaming revenue of $616.7 million for December, up 15.6% from the year before,... more
ICE Barcelona: European casinos are evolving beyond gaming
European casino operators may not have the physical scale or regulatory flexibility available to counterparts in the United States or Asia,... more
Wall Street Bets: Prediction markets, Bally’s, New Jersey revenue, digital
Prediction markets vs. OSB Chad Beynon of Macquarie on January 16 released an overview of prediction markets for sports betting:... more
Mississippi casinos report $198.6 million in revenue for December, down 1.2% year-over-year
Mississippi’s three casino regions recorded $198.6 million in revenue for December, down 1.2% from a year ago. The figures, published by... more
Resorts World Las Vegas could have avoided $10.5M fine with Board in place, Nevada regulator says
Nevada Gaming Control Board member George Assad said Resorts World Las Vegas would have avoided a $10.5 million fine for catering to an... more
Nevada regulators warn licensees about online gaming
The Nevada Gaming Control Board late Friday issued additional policy guidance to Nevada licensees about offering online gaming outside of... more
Louisiana: New casinos help boost statewide revenue up 9.8% year-over-year in December
The Louisiana Gaming Control Board reported revenue of $223.3 million from the state’s casinos in December, up 9.8% year-over-year,... more
Adapting U.S. slots for new IRS jackpot threshold could take months
While casino operators and players cheer the newly raised IRS threshold for reporting slot jackpots, implementing that simple-sounding... more
Nevada regulators have harsh words for illegal bookie Bowyer as he is recommended for the Black Book
Mathew Bowyer, the convicted bookie for baseball star Shohei Ohtani’s now-imprisoned interpreter, has been recommended to be permanently... more
Boomer’s Sportsbook moves to enter Reno market
Boomer’s Sportsbook is preparing to make its first move into the Reno market after the Nevada Gaming Control Board recommended it be... more
U.S. consumer sentiment slumping, analysts say
A post-government-shutdown recovery in consumer sentiment has been aborted, according to a Jefferies Equity Research analysis, published... more
Canadian travel drop will hurt Las Vegas visitation in 2026, consultant tells LVCVA, although Air France flights lift hope
An aviation consultant told Las Vegas tourism officials that airline capacity from Canada is down to its lowest levels since 2006.... more
Uncertain outlook for Las Vegas Strip, analyst says
A “return to growth in the challenged Las Vegas is not certain,” wrote Truist Securities analyst Barry Jonas in an investor note... more
Indiana casino revenue takes a hit in December, with only two venues seeing gains year-over-year
Indiana casino revenue declined 3.7% year-over-year in December, falling from $210.3 million in 2024 to $202.4 million in 2025. According... more
Gaming REITs Vici and GLPI both get analyst thumbs-up
David Katz of Jefferies Equity Research has placed Buy recommendations on two real estate investment trusts (REITs) heavily invested in... more
Technology-enabled cheating: A wake-up call for the casino industry
On November 27, 2025, a husband and wife from Kazakhstan were arrested for cheating at Crown Sydney Casino in Australia. They played at the... more
FIFA deepens World Cup ties to betting industry with deal that includes streaming games
ZURICH (AP) — FIFA deepened its commercial ties to the betting industry Monday in a four-year deal that will let some gambling operators... more
Wind Creek helps boost Illinois casino revenue up 7.6% year-over-year in December
Illinois casinos saw revenue increase 7.6% year-over-year in December, rising from $157.1 million in 2024 to $169.1 million in 2025.... more
Wall Street Bets: REITS, VGTs in Chicago, Las Vegas Strip EBITDAR, Maine igaming
Wall Street Bets is a roundup of recent notes from analysts covering the gambling industry. REITs weaknesses overdone David Katz of... more
Settlement a positive for Light & Wonder, analyst says
In a January 12 accord, Light & Wonder agreed to pay Aristocrat Leisure $127.5 million to cover legal fees and settle an... more
J.P. Morgan lowers MGM’s Strip earnings estimate to end 2025 and begin 2026
J.P. Morgan has lowered its Las Vegas Strip earnings estimate for MGM Resorts International but projects a slightly higher stock price in... more
Wynn Resorts CFO Julie Cameron-Doe retiring, replaced by Craig Jeffrey Fullalove
Wynn Resorts announced that Craig Jeffrey Fullalove will succeed Julie Cameron-Doe as chief financial officer after she retires in... more
Pennsylvania: SC Gaming and Saratoga Casino Holdings close deal for Happy Valley Casino
SC Gaming and Saratoga Casino Holdings on Friday announced the closing of a previously disclosed framework agreement, under which SCH... more
Maine move will benefit Caesars, DraftKings say analysts
After seven months of inaction, Maine Gov. Janet Mills (D) surprised Wall Street analysts by allowing the state’s Native American tribes... more
Accel ‘evaluating the potential’ of the Chicago market
Following the authorization by the City Council of slot routes within Chicago, Accel Entertainment announced it is “evaluating the... more
Nevada Gaming Control Board names new chief of technology
The Nevada Gaming Control Board has promoted Jeremy Eberwein to chief of technology overseeing the NGCB’s Gaming Laboratory. Eberwein... more
Aristocrat Gaming, Aristocrat Interactive, release schedule for ICE 2026
Aristocrat Gaming and Aristocrat Interactive will showcase their lineup of gaming content, hardware, and technology solutions at ICE 2026... more
IGA chairman questions legitimacy of prediction markets, citing bet on Maduro toppling
The new chairman of the Indian Gaming Association (IGA) said the organization will focus on lobbying Congress and litigation as it seeks to... more
Pavilion Payments appoints Diallo Gordon as CEO
Pavilion Payments on Wednesday announced Diallo Gordon is now serving as CEO, effective January 1. A news release says Gordon’s... more
Maryland: Horseshoe sees double-digit revenue increase in December, but state down 2.6% overall
Maryland casinos reported $159.8 million in revenue for December, down 2.6% from the previous year’s figure of $164.1 million. According... more
Durango Casino starts third phase of its expansion
The Durango Casino & Resort in southwest Las Vegas launched its $385 million third-phase expansion this week that will take up space on... more
Las Vegas tourism head expects rebound in 2025 visitation
The head of the Las Vegas tourism agency is confident visitation will rebound in 2026 and that the World Cup will help counter the summer... more
Regional casinos trending downward, analyst says
Foot traffic in U.S. regional casinos was down one percent in December, according to a January 5 investor note from J.P. Morgan. Analyst... more
Penn Entertainment announces changes to organizational structure
Penn Entertainment this week announced a new corporate organizational structure, effective immediately, designed to reflect the company’s... more
Las Vegas kicks off 2026 convention season with CES, opening of $600M convention center renovation
Las Vegas launched its convention season this week with the unveiling of a $600 million renovation whose first user is CES, the global... more
Las Vegas Convention Center expects post-pandemic record attendance in 2026
The historic Las Vegas Convention Center projects a post-pandemic record when it hosts 48 conventions with 1.23 million attendees in 2026.... more
Truist analyst lowers Caesars and MGM earnings outlook because of latest Las Vegas revenue and visitation
After seeing the latest Las Vegas Strip gaming revenue and visitation numbers, a gaming analyst lowered his earnings outlook for MGM... more
Wall Street Bets: Las Vegas Strip, Macau
Wall Street Bets is a roundup of recent notes from analysts covering the gambling industry. Growth in Macau Dan Politzer of J. P. Morgan on... more
Ohio: Slots help overall revenue to 2.2% year-over-year increase in November
Ohio’s four commercial casinos generated $86.1 million in revenue for November, up 2.2% from the previous year’s $84.3 million, as slot... more
Las Vegas Strip gaming revenue up 1% through first 11 months of 2025, despite tourism decline
For all the consternation about visitation on the Las Vegas Strip, the resort corridor has seen its gaming revenue rise nearly 1% through... more
Downtown Las Vegas and neighborhood casinos fuel Nevada gaming win in November
Led by downtown Las Vegas and the city’s neighborhood casinos, Nevada posted a solid 2.4% statewide gain in gaming revenue in November.... more
Nevada legislative committees to take up gaming concerns in 2026
Look for Nevada legislative committees in 2026 to consider bills dealing with prediction markets and any modifications to protect the... more
CDC Gaming contributors look back at 2025
Any review of 2025 in the gaming industry is bound to be incomplete. There were big stories – the rise of prediction markets, the waning... more
Las Vegas expects 345,000 on New Year’s Eve, slight drop from past two years
The Las Vegas Convention and Visitors Authority said it expects 345,000 visitors to converge on the city on New Year’s Eve. That’s down... more
Nevada Legislature aimed at improvements to gaming in 2025
It was a busy year for the Nevada Legislature when it came to bills intended to improve the gaming and tourism industry. The changes... more
Wall Street Bets: Accel Entertainment, regional markets, New York online sports betting
Wall Street Bets is a roundup of recent notes from analysts covering the gambling industry. Accel Entertainment benefits from favorable... more
Nevada horse racing dissemination that dates back to Bugsy Siegel eliminated Jan. 1
Horse racing in Nevada is about to get more profitable for casinos. A change in state law and new regulations that go into effect Jan. 1... more
Former Nevada regulator recalls savage experiences in 1970s Las Vegas
Nevada’s gaming history is colorful and Jeffrey Silver, a retired attorney and former member of the Gaming Control Board in the 1970s,... more
Wall Street analyst bullish on Las Vegas locals stocks over most Strip companies
A Wall Street analyst said an ongoing decline in tourism continues to be a concern for Las Vegas in 2026 and casinos that cater to local... more
AGA President and CEO reflects on 2025 and looks ahead to 2026
Dear Gaming Industry Colleagues, As 2025 draws to a close, our industry can look back on a year of both meaningful progress and serious... more
Las Vegas air tourism takes hit in November, as hotel occupancy declines
Las Vegas tourism continues its downward slide, taking another hit in November. Passenger traffic at Reid International Airport fell nearly... more
Saratoga Casino Holdings granted Pennsylvania casino license, plans to open State College venue in April
Saratoga Casino Holdings (SCH) of New York on Monday announced it was granted a gaming license by the Pennsylvania Gaming Control Board.... more
IGA wraps up 2025 with continued opposition to sports prediction markets
The Indian Gaming Association wrapped up 2025 by looking ahead to the fight against prediction-market sports betting. IGA hosted its final... more
Gaming industry members choose 2025’s most important moments, favorite stories
Every new year dawns with high expectations and hopes. And every year brings curveballs that no one expects. The gaming industry isn’t... more
Wall Street Bets: Prediction markets, digital gaming, RevPAR
Wall Street Bets is a roundup of recent notes from analysts covering the gambling industry. Prediction markets poised for launch Truist... more
Investors remain ‘cautious’ as DraftKings and FanDuel move into sports prediction markets
With DraftKings launching its prediction market app Friday and FanDuel expected to follow soon, a Wall Street analyst said it’s clear... more
NBA tweaks its injury reporting rules, still wants changes to prop betting
The NBA reminded its teams on Friday that it wants to control which types of bets are offered on its games, an indicator that it will... more
Australian soccer players banned over spot-fixing gambling offenses
SYDNEY (AP) — Football Australia has banned former Western United player Riku Danzaki for seven years and ex-Macarthur FC pair Clayton... more
Canadian printing technologies company Nanoptix sold to California private equity firm Salt Creek Capital
Nanoptix, a provider of printing technologies for the global gaming, lottery and kiosk industries, announced on Friday that it has closed... more
Fort Mojave Tribe’s new casino in northwest Arizona won’t impact its Avi Resort in Nevada, exec says
A tribal-owned casino at southern Nevada’s border won’t be harmed by the construction of the tribe’s new casino in northwest... more
As new President of Global Gaming Women, Siobhan Lane wants to increase non-profit organization’s reach
Global Gaming Women this week announced that Siobhan Lane will serve as President of the non-profit organization starting January 1. But... more
Mississippi casino revenue falls 1.3% year-over-year to $204.9 million in November
Mississippi casino revenue declined 1.3% year-over-year in November, from $207.5 million to $204.9 million. According to the latest report... more
Pennsylvania gaming revenue in November reaches new monthly record of $623.1 million
For the second time this year, Pennsylvania s set a record for gaming revenue in the state. The Pennsylvania Gaming Control Board on... more
Durango Casino in Las Vegas unveils expansion, with another round of construction starting
The Durango Casino & Resort in southwest Las Vegas unveiled a $120 million expansion this week and is preparing to spend $385 million... more
Virginia: New casinos boost casino revenue year-over-year in November
Boosted by two casinos moving into permanent facilities and a new temporary casino opening, casino revenue in Virginia saw a 29.7%... more
Caesars Sportsbook expands its Las Vegas reach, opening at Rampart Casino in Summerlin
Just as it’s doing nationwide, Caesars Entertainment is expanding its reach in Las Vegas with plans to open a sportsbook in the affluent... more
Las Vegas: Alle on 66, Resorts World’s hidden gem
Entering the space, a visitor is struck by the sumptuous décor and attention to the smallest details. There are plush couches and lounges,... more
Wall Street Bets: UAE gaming, Wynn Resorts, Virginia, global outlook
Bullish on United Arab Emirates gaming Chad Beynon of Macquarie wrote December 8 about the United Arab Emirates market. “While the UAE is... more
Entain CEO tells Nevada regulators she plans to bring stability to Britain-based sports betting company
Stella David plans to stabilize Entain after a tumultuous run of CEOs. David was named permanent CEO in April after holding the position on... more
CDC Gaming Roundtable: Industry observers weigh in on 2026
If there was a source for what will transpire in the gaming industry circa 2026, a lot of people would be rich. Instead, seasoned gaming... more
Aristocrat’s NeoGames integration “going well”
Nearly 20 months after Aristocrat completed its acquisition of online gaming operator NeoGames for $962 million, a company executive said... more
Venetian Las Vegas awards employee bonuses as it touts success in luxury segment
Venetian Las Vegas officials said the property is having one of its best years in history, then announced it’s giving a bonus to its... more
Sports Betting Alliance names Joe Maloney as President, CEO
The Sports Betting Alliance on Thursday announced Joe Maloney will serve as the organization’s President and CEO, and SBA President... more
California tribes gather to combat encroachment of prediction markets
Fresh off Fanatics’s launching its sports betting prediction market in California and other states this month, the state’s tribal... more
Owner of Nevada tribal casino to study building new resort
While Las Vegas tourism has declined, the tribal-owned Avi Resort & Casino near Laughlin, Nev., is studying whether to build a new... more
Loto-Québec to build new gaming hall in Saguenay
Loto-Québec on Friday announced the development of a new gaming hall in Saguenay, Quebec, Canada. Salon de jeux de Saguenay will transform... more
US casino traffic down, but steady, in November
Foot traffic at regional United States casinos dipped 1.7 percent in November from 2024. Even so, Jefferies Equity Research analyst David... more
November gaming revenue at Detroit’s three casinos holds at $108 million
Detroit casinos saw revenue remain stable in November, decreasing just 0.1% from $108.3 million to $108.2 million year over year. According... more
Nevada regulators seek immediate notification of Black Book offenders
Nevada regulators want casinos to immediately report patrons who are named in the state’s Black Book of excluded persons, but have... more
Fall in visitation hits bottom line of Las Vegas tourism agency
A drop in tourism has hit the bottom line of Las Vegas’s tourism agency after a strong previous year headlined by Super Bowl LVIII at... more
Bally’s ‘in better graces with lenders,’ analyst says
Bally’s Corp.’s credit profile has improved, according to a December 8 investor note by Truist Securities analyst Barry Jonas. The... more
Illinois: New permanent casinos help state revenue inch up year-over-year in November
Two casinos that opened permanent facilities in the past year saved Illinois from a statewide year-over-year casino revenue drop in... more
Penn Entertainment seeks technology-related licensing for M Resort
Penn Entertainment is seeking a Nevada license to provide it with greater flexibility to research, develop, and deploy in-house technology... more
Boomer’s and Caesars seek additional Nevada sportsbook licenses
Boomer’s Sportsbook is moving to open a sixth sportsbook by the end of next week, while Caesars Sportsbook is preparing to expand its... more
Racehorse owner Mike Pegram and group on track to acquire northern Nevada casino
Northern Nevada casino operator and famed Kentucky Derby-winning racehorse owner Mike Pegram and his group are on track to take over the... more
Monarch seeks expansion, but shuns igaming
Following a virtual meeting with Monarch Casinos & Resorts CEO John Farahi, Truist Securities analyst Barry Jonas called the company... more
Wall Street Bets: Monarch Casinos, UAE, New York OSB, Genius Sports
Wall Street Bets is a roundup of recent notes from analysts covering the gambling industry. Monarch Casino stocks perform well Barry Jonas... more
Nevada gaming regulator details Steve Wynn $10 million fine in 2023
A member of the Nevada Gaming Control Board said casino mogul Steve Wynn agreed to a $10 million fine in 2023 on allegations of sexual... more
Nevada regulator fears prediction markets could expand into casino gaming and further threaten industry
The chairman of the Nevada Gaming Control Board warned the state’s gaming attorneys Friday that the rapid expansion of sports prediction... more
Hector Fernandez named CEO of IGT
IGT on Thursday announced that Hector Fernandez has joined the company as CEO. Fernandez previously was CEO of Aristocrat Gaming. Fernandez... more
Las Vegas: Penn Entertainment unveils M Resort expansion
The M Resort Spa Casino south of the Las Vegas Strip in suburban Henderson has opened its $206 million expansion. The project nearly... more
MGM CFO talks Las Vegas recovery at Nevada licensing hearing
The CFO of MGM Resorts International told Nevada regulators Wednesday a fall off in drive-in traffic from California brought down Las Vegas... more
Illegal bookmaker nominated to Nevada’s Black Book for exclusion from casinos
The Nevada Gaming Control Board nominated a California bookmaker and convicted felon to the state’s Black Book for exclusion from... more
TribalHub Cybersecurity Summit scheduled for February in Jacksonville, Florida
TribalHub on Wednesday announced that its sixth annual Cybersecurity Summit has expanded to include a non-technical executive... more
Accel Entertainment subsidiary acquires route operation assets of Dynasty Games
Accel Entertainment announced Tuesday that its subsidiary, Century Gaming Technologies Nevada, has acquired the route-operation assets of... more
Novomatic to stress performance, player engagement, and innovation at ICE 2026
Novomatic on Tuesday announced its schedule of promoted products for ICE 2026. A release said, as the largest exhibitor at the Fira... more
Real estate firm makes $800M investment in CityCenter on Las Vegas Strip, home to Aria
Realty Income Corporation and Blackstone Real Estate on Monday announced an agreement under which Realty Income will make an $800 million... more
New York backs 3 new casinos, including at Mets stadium and a golf course Trump once ran
NEW YORK (AP) — New York City is poised to get its first Vegas-style casinos, including one next to the home stadium of baseball’s New... more
Ohio: Jack Cleveland’s increase leads way as casino revenue up 5% statewide year-over-year in October
Ohio casinos generated $87.2 million in revenue in October, up 5% year-over-year from the $83 million generated in October of the previous... more
Rhode Island: Bally’s Twin River leads as state’s casino revenue rises 4.5% year-over-year in October
Rhode Island’s two casinos, Bally’s Twin River and Bally’s Tiverton, recorded $53.5 million in revenue for October, up 4.5% from the... more
Missouri launches sports betting as recent scandals shine a spotlight on the growing industry
JEFFERSON CITY, Mo. (AP) — As Missouri launches sports betting Monday, people will be able to wager on how many points a particular... more
Analyst optimistic over October gaming and visitation numbers for Las Vegas Strip
The Las Vegas Strip, showing a bit of a recovery in visitation and an 8.2% gain in gaming revenue in October, has one Wall Street analyst... more
Light & Wonder faces minimal risk from Kentucky shutdown, analyst says
Electronic gambling devices provided by Light & Wonder subsidiary Grover Gaming to nonprofits in Kentucky were disabled on November 21,... more
Las Vegas visitation down 4.4% in October
Las Vegas tourism fell year-over-year in October by 155,000 visitors, but edged closer to normal for the first time since the steep drops... more
Baccarat and other table win boosts Las Vegas Strip to 8.2% gaming revenue jump in October
With a big haul in baccarat and table-game revenue, the Las Vegas Strip recorded a 8.2% increase in gaming win in October to kick off a... more
Nevada Control Board Chairman Mike Dreitzer address International Game Standards Association conference
At the International Game Standards Association GSATS Technology Summit conference November 12-13 at Harrah’s Ak-Chin Hotel & Casino... more
Boomer’s fifth sportsbook opens in North Las Vegas
Boomer’s Sportsbook held its grand opening Monday night at Ojos Locos Sports Cantina y Casino in North Las Vegas after getting approval... more
Prediction markets dominate gaming summit in Boston
Ten gaming companies traveled to Boston for the 13th yearly Truist Securities GLL Summit last week. Truist analyst Barry Jonas boiled the... more
Wall Street Bets: Gaming industry outlook, Macau, Genius Sports, online operators
Gaming industry trends Truist Securities’ Barry Jonas on November 24 commented on his company’s recent GLL Summit. “Prediction... more
Nevada regulators uphold 15-year ban, $100K fine for trainer whose horses tested positive for methamphetamine
Despite a plea from horse trainer Ricardo Castillo, the Nevada Gaming Commission upheld a $100,000 fine and banned him from racing for 15... more
Caesars outlines its steps to prevent future regulatory violations in Nevada
Caesars Entertainment outlined its efforts to eliminate regulatory violations in Nevada that resulted in a $7.8 million fine issued by the... more
MGM CEO touts Las Vegas recovery as Strip hosts third F1 race
As Las Vegas welcomes its third Formula One race to the Strip this weekend with a boost of visitation on what was the second slowest week... more
MGM CEO applauds Nevada crackdown on prediction markets: “It’s sports betting. Full stop.”
MGM Resorts International CEO Bill Hornbuckle Thursday applauded Nevada gaming regulators for standing up against sports betting prediction... more
Caesars executives apologize for doing business with illegal bookmaker
Saying they didn’t do enough to stop doing business with an illegal bookmaker, Caesars Entertainment executives apologized profusely and... more
Mississippi: All three regions see October revenue bump, up 2.7% statewide year-over-year
Mississippi casinos generated $198.7 million in revenue in October, a 2.7% year-over-year increase from the $193.4 million the year prior.... more
Indian Gaming Association turns attention to Wisconsin sports betting battle as lawmakers pull vote
The Indian Gaming Association (IGA) has aimed its spotlight at Wisconsin, where tribes are locked in a battle with sports betting operators... more
Pennsylvania: Gaming revenue, boosted by record igaming results, reaches $597 million in October
The Pennsylvania Gaming Control Board on Wednesday reported revenue from all forms of gaming and fantasy contests during October was $597... more
Excel hand dryers focus on casinos
Casinos operate around the clock and every detail matters when creating an unforgettable guest experience. Yet one area often overlooked is... more
American Gaming Association names Lou Jacobs as Chairman
The American Gaming Association board on Tuesday announced the election of Louis “Lou” M. Jacobs, Delaware North’s CEO, as the... more
Las Vegas solid at high end, weak at low, conference finds
Polling industry figures, Deutsche Bank analyst Steven Pizzella found “high-end Las Vegas continuing to be relatively solid, while …... more
Bally’s, Teamsters reach neutrality agreement
The International Brotherhood of Teamsters announced on Tuesday it has reached a neutrality agreement with Bally’s. The agreement... more
Quixant looks forward to 2026 after IQON 3 G2E launch
The launch of the IQON 3 at 2025’s Global Gaming Expo was considered a milestone for Quixant. New benchmarks for performance, efficiency,... more
Virginia casino revenue soars 44% year-over-year in October with two casinos moving to permanent facilities
Virginia’s three casinos reported $82.1 million in revenue in October, up 44% increase year-over-year compared to the $57 million... more
UNLV says Las Vegas tourism projected to rebound in 2026 driven by pro sports, value
Las Vegas tourism is projected to rebound in 2026 by one million visitors after a slowdown this year. In addition, a panel of experts told... more
Caesars agrees to $7.8 million fine for catering to illegal bookmaker Bowyer
Caesars Entertainment is facing a $7.8 million fine as part of an agreed settlement for its dealings with an illegal bookmaker who... more
Roseshire Gaming Parlor’s monster debut drives Virginia’s October HHR haul
Revenue for historical horse racing (HHR) machines in Virginia catapulted 34 percent in October to $50.5 million (2025’s second-highest... more
Indiana’s casinos report $200.6 million in October revenue, flat year-over-year
Indiana generated $200.6 million in revenue in October, a decline of 0.5% from the $201.7 million generated in 2024. The latest report from... more
Former Nevada Gov. Brian Sandoval new chairman of Resorts World Las Vegas board of directors
Resorts World Las Vegas Thursday announced Jim Murren has transitioned to the role of chairman emeritus of the board of directors and... more
FanDuel abandons Nevada licensing as it launches sports betting prediction markets app
FanDuel, which along with casino operators has been warned by Nevada gaming regulators to abstain from prediction markets or risk their... more
Tribal gaming leaders weigh threat from sports prediction markets and FanDuel’s new app
Two high-ranking executives with the Indian Gaming Association sounded a warning Wednesday that tribes will have to lobby Congress and beef... more
Aristocrat has mixed year-end outcome, analyst says
Fiscal-year results for 2025 at Aristocrat Leisure were “relatively in line … although divisionally mixed,” according to Jefferies... more
Missouri casino revenue up 9% in October, lead by big spike from Century Casino Caruthersville
Missouri casino revenue was up 9% year-over-year in October, generating $164.9 million, up from $151.3 million in October 2024. According... more
October’s extra weekend day boosts casino traffic to year’s best
October 2025 had one weekend day more than October 2024. That contributed to the best casino foot traffic of the year, according to... more
Century pivots toward high-end business
Wall Street analysts were kept on a short leash during Century Casinos’s third-quarter earnings call. Discussion was terminated after 35... more
Unregulated gambling operator Pace-O-Matic found liable for convenience store attendant robbery-murder
Pace-O-Matic, an unregulated gambling company operating in the “skill” gambling industry, and manufacturing partner Miele... more
Poland reduces Century Casinos third-quarter results
All key metrics for Century Casinos were down in the third quarter. The numbers were released prior to Century’s November 11 earnings... more
Bally’s increases revenue in third quarter, plans cost savings in Q4
In a rare public statement, Bally’s Corp. CEO Robeson Reeves called the company’s third-quarter results “solid.” Revenue increased... more
Illinois: New casinos boost statewide casino revenue 21.2% year-over-year in October
Illinois casinos generated $165.8 million in revenue in October, a 21.2% year-over-year increase from the $136.8 million generated the year... more
Wall Street Bets: DraftKings, Golden Entertainment, Penn, Red Rock Resorts, Caesars, Genius Sports
Wall Street Bets is a roundup of recent notes from analysts covering the gambling industry. DraftKings lowers guidance Barry Jonas of... more
Nevada regulators question North Las Vegas operator over tax and audit violations
Fifth Street Gaming is facing scrutiny from Nevada regulators over tax and audit violations. These issues will be addressed at an upcoming... more
Analysts weigh in on Golden Entertainment going private
On the day Golden Entertainment announced plans to go private and sell its casino properties to the real estate investment trust VICI as... more
Uncertainties don’t dim Light & Wonder, analyst says
Despite “several near-term overhangs” at Light & Wonder, Jefferies Equity Research analyst Kai Erman kept a Buy rating on the stock... more
Wynn’s focus on luxury customers boosts Q3 earnings without gouging customers, CEO says
Wynn Resorts’s catering to luxury customers with high room rates in Las Vegas has helped the company fare better than its competitors,... more
Full House’s Waukegan casino “firing on all cylinders”
In his first earnings call as Full House Resorts president, Lewis Fanger breezed through a third-quarter overview in a brisk 12 minutes.... more
LVCVA could spend $6 million on Wrestlemania 42 in April to boost tourism
Las Vegas tourism officials are going all in when it comes to attracting WWE to the city for a second consecutive year in April. The Las... more
Golden Entertainment going private in transaction with VICI, CEO
Ahead of the stock market opening Thursday, Golden Entertainment, Inc. announced that it has entered into definitive agreements to sell its... more
Light & Wonder exits U.S. stock market on profitable note
Third-quarter earnings for Light & Wonder, reported November 5, were its last as a publicly traded U.S. company. Henceforth, the game... more
Sportsbook war brewing in Nevada between upstart Boomer’s and William Hill
The battle lines are being drawn in what’s brewing as a sportsbook war in Nevada with an upstart competitor, Boomer’s Sportsbook,... more
Nevada regulators delve into latest sports betting scandal, prop bets
Sports betting Hall of Famer Joe Asher, CEO of Boomer’s Sportsbook, told the Nevada Gaming Control Board that some form of regulation may... more
Accel revenue up in Q3; no acquisitions in sight despite cash influx
During Tuesday’s earnings call, Accel Entertainment management was asked if they were considering M&A opportunities, given that the... more
Tribal casinos are holding food drives to address hunger during government shutdown, holiday season
Tribal casinos across the country are holding food drives and promotions in November and December to restock food pantries to help families... more
ICE Barcelona to feature Spanish gaming industry agenda and activities
ICE Barcelona ’26 confirmed on Tuesday that it is completing the at-show agenda of activities dedicated to the Spanish gaming industry.... more
Wall Street Bets: MGM Resorts, Las Vegas Strip, VICI Properties, Caesars
MGM Resorts outlook Barry Jonas of Truist Securities on October 30 weighed in on MGM Resorts after the operator held its earnings call... more
South Dakota: Deadwood casino revenue rises 1.8% year-over-year in September
Deadwood’s 22 casinos generated $15 million in revenue in September, up 1.8% year-over-year from the $14.7 million generated in September... more
Vici defends MGM’s New York City withdrawal
In their third-quarter earnings call, executives of Vici Properties were at pains to defend tenant MGM Resorts International’s pullout... more
AGA survey reveals most Americans are in favor of gambling, as casino visitation surges
Gambling appears to have found favor with most Americans. According to a new consumer survey conducted by American Gaming Association, more... more
GLPI upbeat, but noncommittal on Bally’s projects
Although they showered praise on Bally’s Corp., top executives of Gaming & Leisure Properties Inc. remained noncommittal toward... more
Wall Street lowers price targets for the Las Vegas Strip’s top two casino operators
A ninth consecutive month in which tourism declined in Las Vegas, combined with a drop in Strip gaming revenue in September, appear to have... more
Nevada gaming revenue up for year, despite September decline
Nevada gaming revenues fell 2.2% in September and for the first time on the Strip since May, but statewide win remains ahead for the year,... more
MGM Resorts’ CEO Hornbuckle admits company erred with pricing this summer
During Wednesday’s third-quarter earnings call, MGM Resorts International CEO Bill Hornbuckle made a rare admission: charges such as... more
Las Vegas visitation drops 9% in September triggered by midweek decline
Las Vegas visitation continued its slide in September, falling nearly 9% year-over-year with 300,000 fewer visitors coming to the city,... more
New IGA Chairman David Bean singles out prediction markets for tribes to tackle
The new chairman of the Indian Gaming Association said that the transition has been difficult for him personally, but the trade... more
Caesars making plans to enter sports prediction market
Caesars Entertainment told Wall Street analysts this week that, like other operators, they’re in the planning stages to enter the sports... more
Baccarat hold leads to 5.4% decline in Las Vegas Strip gaming revenue in September
The Las Vegas Strip in September recorded its first decline in gaming revenue since May due to a large drop in baccarat hold, but locals... more
Caesars CEO says Las Vegas’s recovery underway and overpricing stories will fade
Caesars Entertainment CEO Tom Reeg said a drop in Las Vegas visitation contributed to its third-quarter earnings decline, but the Strip is... more
Red Rock Resorts confirms next-phase $385M Durango expansion in Las Vegas
Coming off another record third quarter, Red Rock Resorts Tuesday confirmed a previously reported second expansion of Durango Casino &... more
Fewer visitors pass through airport Las Vegas again
Passenger traffic at the Las Vegas airport fell more than 6% in September as Canadian travel and overall tourism continue to dip ahead of... more
Las Vegas piggybacking off Nashville’s country music success
The success of Nashville as a resort destination known for its country music and bachelorette parties is rubbing off on Las Vegas, as a... more
Wall Street Bets: Inspired Entertainment, Las Vegas Sands/Macau, Sportradar, Churchill Downs, Boyd
Inspired Entertainment rated slightly below consensus Josh Nichols of B Riley Securities on October 27 commented on Buy-rated Inspired... more
Incredible Technologies slots offer ‘disruptive concepts only a smaller company can do’
Amid the cacophony of the G2E floor earlier this month, Chicago manufacturer Incredible Technologies displayed a row of its almost ancient... more
Crypto.com to stop offering sports events contracts in Nevada after losing in federal court
The Nevada Gaming Control Board late Friday announced that Crypto.com, a prediction market operator locked in a legal battle with the state... more
NBA commissioner ‘deeply disturbed’ by gambling arrests of active player and coach
NBA Commissioner Adam Silver, in his first public comments since the arrests of Portland coach Chauncey Billups and Miami guard Terry... more
CDC Gaming releases official highlight video of Day Zero Party at Allē Lounge on 66 at Resorts World Las Vegas
Las Vegas, October 24, 2025 – CDC Gaming, the premier source of news, commentary and analysis for the gaming industry in the Americas,... more
Boyd’s Las Vegas locals segment “performing extremely well”
Driven by a strong Las Vegas locals business and Midwest and South segment, Boyd Gaming had a solid third quarter. The company’s... more
Here’s how indictment says Terry Rozier shared information that paid off for bettors
NBA guard Terry Rozier was averaging nearly 21 points per game for the Charlotte Hornets as the 2022-23 season neared an end. But during a... more
Nevada Gaming Commission reiterates concerns about prediction markets to Flutter chairman
The Nevada Gaming Commission Thursday told the chairman of Flutter Entertainment that licensees must comply with state laws regulating... more
How cheaters rigged high-stakes poker games with the mob and sports pros, according to authorities
The indictments announced Thursday of a poker cheating ring involving NBA figures and backed by the mafia emphasized their alleged... more
Boyd Gaming’s third-quarter earnings grew year over year
Boyd Gaming reported gains in revenue and income and a decline in adjusted earnings for the third quarter. Revenue was $1 billion compared... more
Churchill Downs record revenue paves way for improvements, changes at Kentucky Derby
The first Kentucky Derby was in 1875. But during Thursday’s investors call, Churchill Downs CEO Bill Carstanjen said the event, in a... more
NBA head coach and player charged in sprawling sports betting and Mafia-backed poker schemes
NEW YORK (AP) — The head coach of the Portland Trail Blazers and a player for the Miami Heat were arrested Thursday along with more than... more
International Association of Gaming Regulators honor regulators from Australia, Nigeria, and Denmark
The International Association of Gaming Regulators on Thursday announced winners of the IAGR International Regulatory Awards 2025.... more
Churchill Downs reports record revenue of $683 million for 3Q25
Churchill Downs Wednesday reported that net revenue for the third quarter of 2025 was a record $683.0 million, a year-over-year increase of... more
Singapore drives Las Vegas Sands’s third-quarter showing
Paced by the Marina Bay Sands in Singapore delivering $743 million in adjusted earnings, CEO Rob Goldstein said Las Vegas Sands has been... more
Gaming attorney encourages states and tribes to work together to stop prediction markets
A gaming attorney told tribal leaders Wednesday that it’s important for Indian Country and state attorneys general to team up and oppose... more
Las Vegas gets European tourism boost with nonstop Paris flights
Air France has announced new nonstop service to Harry Reid International Airport next summer. The flights between Paris-Charles de Gaulle... more
Earnings season kicks off for casino operators
Las Vegas Sands will be the first casino operator to hold a call with Wall Street analysts Wednesday as third-quarter earnings kick off.... more
G2E: Tribal leaders assail prediction markets in fiery session
Whither tribal gaming? That was the topic posed by pechanga.net publisher Victor Rocha at the top of a Global Gaming Expo panel entitled... more
Analyst predicts 2026 comeback for Las Vegas
Weakness in Las Vegas will continue through the third quarter, but the fourth quarter “could be better,” wrote Truist Securities... more
Massachusetts: Encore leads way as casino revenue rises 3.9% year-over-year statewide in September
Commercial casinos in Massachusetts generated $95.7 million in in revenue in September, a 3.9% year-over-year increase from $92.1 million.... more
Aristocrat gains momentum off G2E as Strip readies for Q1 comeback, analyst says
Feedback from Global Gaming Expo has augured potential market-share gains by Aristocrat Leisure. That was the take of Jefferies Equity... more
G2E: Women tribal leaders stress perseverance
“Brilliant, beautiful, bold, badass indigenous women.” That was how Encore Hospitality Carpets Vice President of Gaming Allison Lampo... more
Early Labor Day helped casinos’ August, not September
“Early Labor Day kept gamblers away,” read the headline on a Jefferies Equity Research investor note. Its findings for lackluster... more
Kansas: Two casinos see revenue increases as state up 2.7% in September
Kansas casinos recorded $33.1 million in revenue last month, up 2.7% from the previous year’s $32.3 million. The figures, published by... more
Wall Street Bets: Third-quarter earnings, prediction markets, U.S. gaming trends
Forecasting third-quarter earnings reports J. P. Morgan’s Dan Politzer looked at the upcoming third-quarter earnings reports: “For 3Q... more
Mississippi Coast region leads again as statewide casino revenue down 1.8% in September
Mississippi commercial casino revenue remained mostly flat year-over-year in September, with a decline of 1.8% from $190.7 million to... more
Pennsylvania: Double-digit growth in igaming fuels overall casino revenue gain of 5.9% in September
The Pennsylvania Gaming Control Board on Friday reported revenue from all forms of gaming and fantasy contests during September was $535.8... more
CDC Gaming releases 223 photos from pre-G2E Day Zero Party 2025
Las Vegas, October 17, 2025 – CDC Gaming, the premier source of news, commentary and analysis for the gaming industry in the Americas,... more
Las Vegas visitation on track for a strong next 15 months, tourism head says
The head of the Las Vegas tourism agency told business leaders Thursday the rumors of the city’s death as a destination “are greatly... more
Nevada Gaming Control Board warns gaming operators away from event contracts
The Nevada Gaming Control Board admonished the state’s licensees to comply with state laws regulating sports-events contracts or risk... more
Gaming companies lauded ahead of third-quarter earnings
J.P. Morgan analysts praised Wynn Resorts, Station Casinos, and Rush Street Interactive ahead of third-quarter earnings calls. Las Vegas... more
Sweepstakes operators fleeing California and other states
Sweepstakes operators are on the run nationwide in light of the passage of new laws, and tribal leaders in the Golden State want to take it... more
G2E: Influencers need to develop relationships with operators to succeed
It might seem that influencers merely turn on a camera, throw a few dollars into a slot machine, and mash buttons. But according to... more
After New York casino license withdrawal, analyst says MGM shifts growth elsewhere
A Wall Street analyst said MGM Resorts International’s focus should shift to growth projects elsewhere after it withdrew its application... more
Everi inks 7-year agreement with Churchill Downs for FinTech services
IGT brand Everi this week announced a seven-year agreement with Churchill Downs Incorporated to use the company’s CashClub services and... more
After community approval, MGM suddenly withdraws NYC-area casino bid
MGM Resorts International announced Tuesday afternoon it is withdrawing its commercial casino license application submitted to the New York... more
G2E: AI proponents stress savings, speed
“It’s a hot topic at the moment. Everyone’s using it.” So said Andy Mace, head of casino personalization for Sportradar, at Global... more
Churchill Downs has slight uptick in Virginia
As monopoly owner of all the historical horse racing machines (HHRs) in Virginia, Churchill Downs was the sole beneficiary of last... more
Wall Street analysts parse G2E hot topics: prediction markets, Strip performance, REITs
Prediction markets, a Las Vegas Strip slowdown, and the mergers-and-acquisitions “party” for real estate investments trusts were among... more
G2E: Tribes want cashless, but it’s not a priority
Digital payments are common nowadays, from Uber to daily purchases, but cashless gaming has been slow to catch on with tribal casinos. That... more
G2E: New AI tools help casinos maximize marketing ROI and unlock revenue
Artificial intelligence is moving from theory to practice inside casinos, helping operators analyze player behavior, optimize marketing... more
Continuing property upgrades, Rio Las Vegas resurrecting buffet, considering uses for excess land
The president and CEO of the Rio Las Vegas said the property has made a lot of strides since New York-based Dreamscape Companies took over... more
Q&A: IGA Acting Chairman David Bean calls prediction markets biggest threat to tribal gaming
David Bean, the acting chair of the Indian Gaming Association, said sports betting on prediction markets is one of the greatest threats... more
G2E: Casino marketers stress importance of personalization
Casino marketing’s future lies in greater personalization and technology can facilitate it, according to the consensus of a Global Gaming... more
G2E’s first-ever dealer tournament crowns U.S. champion
The slot machines, booths, and new technologies at G2E 2025 were even bigger and brighter than ever before. Yet the most excitement on the... more
Former Las Vegas tourism head known for “What Happens Here Stays Here’ dies
The man who helped create the iconic brand-ad campaign, “What Happens in Vegas Stays in Vegas” has died after a lengthy battle with... more
G2E: Trends in non-gaming amenities for casino growth
At a G2E session, panelists explored how non-gaming amenities have become essential to driving visitation, length of stay, and overall... more
G2E: Patience the key to success in Thailand
Patience continues to be the strategy for gaming operators eyeing future integrated resorts in Thailand, where political instability is a... more
Caesars general manager: We need to talk more about Las Vegas values
The general manager overseeing Paris Las Vegas, Horseshoe, and Planet Hollywood on the Las Vegas Strip dispelled the notion that the city... more
Wall Street analyst pumps up Red Rock Resorts, outlines development projects
After meeting with executives from Red Rock Resorts this week at G2E, a Wall Street analyst noted the company is well positioned and... more
G2E: Lease or buy for the slot floor? Just give players what they like
Casino operators limit their slot revenue by overlooking popular core games that would attract non-high-value players, says Andrew Cardno,... more
G2E: Remembering Ernie Stevens, who “was always in my corner”
While still awaiting results of his New York State Bar exam, Rory Wheeler pledges to carry on the work of his mentor Ernie Stevens, Jr., in... more
A-League soccer player and former team captain pleads guilty to match-fixing charges in Australia
SYDNEY (AP) — A former club captain who was honored as the A-League’s player of the year has admitted his role in a lucrative... more
Nevada Gaming Control Board: The prediction market “gig is up”
A member of the Nevada Gaming Control Board Wednesday said that prediction market operators will lose out in the end in their bid to take... more
MGM CEO tells Nevada regulators negativity about Las Vegas is “silly”
A day after addressing the crowd at G2E in Las Vegas, MGM Resorts International CEO Bill Hornbuckle told Nevada regulators negative... more
Caesars expects improvement on Las Vegas Strip, analyst says
Caesars Entertainment told a Wall Street analyst at G2E that they expect improvement on the Las Vegas Strip during the fourth quarter and... more
Las Vegas promotions have modest impact on projected visitation, analyst says
An analyst with Truist Securities reported its latest room rate survey for the Las Vegas Strip shows a soft third quarter. The summer... more
CDC Gaming and Global Gaming Women celebrate Day Zero Party ahead of 2025 G2E at Resorts World Las Vegas
CDC Gaming, in partnership with Global Gaming Women (GGW), celebrated this year’s 10 Women Rising in Gaming at a stylish cocktail party... more
LOTREC GAMES making a push for U.S. distribution of its table games
A Canadian who’s the creator and founder of Oklahoma-based LOTREC GAMES LLC is making a push to get his games distributed in the United... more
IGT to celebrate merger with Everi at G2E
The merger between gaming suppliers IGT and Everi is starting to yield dividends. IGT CEO, Gaming Nick Khin will address Global Gaming Expo... more
WYSR to debut new training courses at G2E
WYSR will debut its new table games and house protection training courses at G2E October 6-9 at the Venetian Expo in Las Vegas. At Booth... more
Light & Wonder, Global Gaming Women, G2E to collaborate on Gaming vs. Cancer campaign
Light & Wonder on Thursday introduced “Gaming vs. Cancer,” a campaign to unite the global gaming industry in a collective effort to... more
California: Hard Rock Casino Tejon to open November 13
Hard Rock International on Thursday, in partnership with the Tejon Indian Tribe, announced that Hard Rock Casino Tejon will open November... more
Ernie Stevens remembered by IGA and his sons
Indian Gaming Association Chairman Ernie Stevens, Jr., was recognized Wednesday as the relentless larger-than-life face of Indian gaming,... more
AGS to release rebranded titles, innovations at G2E
AGS on Wednesday released details of its product lineup for the Global Gaming Expo at the Venetian Expo in Las Vegas October 6-9. AGS... more
Xailient’s in-game facial recognition changes privacy and compliance for casinos
Systems manufacturers like Konami and Light & Wonder have long sought to add facial recognition to EGM’s and tables to solve the... more
Ohio casino revenue rises 3.9% year-over-year in August
Ohio’s four casinos generated $89 million in revenue in August, up 3.9% from the previous year’s figure of $85.7 million. The figures,... more
Gaming Laboratories International available for consults at G2E
Gaming Laboratories International on Wednesday announced its schedule for the Global Gaming Expo October 6-9 at the Venetian Expo in Las... more
GLPI buys New Mexico racino
Gaming & Leisure Properties announced on October 1 that it had acquired Sunland Park Racetrack & Casino’s real estate. The real... more
Light & Wonder unveils list of table innovations and systems solutions for G2E
Light & Wonder will introduce new hardware, games, table innovations and systems solutions at the Global Gaming Expo October 7-9 at the... more
Public memorials for Ernest L Stevens Jr. will be October 3-4
The Indian Gaming Association on Tuesday announced public memorial services for Chairman Ernest L. Stevens, Jr., who died September 26 at... more
Association of Gaming Equipment Manufacturers honors Eric Fisher and Rick Velotta
Eric Fisher and Rick Velotta have been named winners of the Association of Gaming Equipment Manufacturers’ 2025 Memorial Awards. Fisher... more
Indian Gaming Association Chair Stevens’s death leaves void in Indian Country
The death of Indian Gaming Association Chairman Ernie Stevens, Jr., has left a void in the organization, as tribes face a government... more
Gaming analysts don’t expect the Las Vegas Strip to bounce back in 2025
A Wall Street analyst isn’t expecting a bounce back in leisure and foreign visitors to Las Vegas by the end of the year and worries... more
High Hand Studios to debut OEM signage at Global Gaming Expo
Las Vegas manufacturing company High Hand Studios announced on Monday an OEM signage debut at the Global Gaming Expo October 6-9 at the... more
Gasser Chair Company to sponsor dealer championship at G2E, display new products
Gasser Chair Company, designer and manufacturer of premium seating solutions, on Monday announced expansions to its product lineup and... more
Wall Street Bets: NFL wagering, possible NY casino sites, Las Vegas Strip, DraftKings
NFL wagering results positive Macquarie’s Chad Beynon on September 24 looked at the landscape of NFL wagering. “With NFL hold rates... more
Red Rock Resorts luring Strip customers, attracted by new high-limit rooms
Red Rock Resorts’ executives told Nevada regulators that it’s had success luring visitors who normally stay on the Las Vegas Strip to... more
Cyberattacks remain big threat for tribes: survey
Cyberattacks against tribal casinos and enterprises remain a big threat, as advancements in artificial intelligence leave them more... more
Nevada August gaming numbers not as good as they appear, analysts say
A gaming analyst said despite the Las Vegas Strip showing a nearly 6% increase in gaming revenue in August, a new all-time high for the... more
IGA Chairman Ernie Stevens Jr. honored following his passing at 66
The accolades are pouring in for Ernie Stevens Jr. the long-time Indian Gaming Association Chairman who died Friday after a sudden medical... more
At 25, the Global Gaming Expo evokes a range of memories
It’s a combination of TED talks and a circus, a hectic tradeshow and a chance for old friends to meet again. Certainly, for the gaming... more
51% increase in baccarat revenue boosts Las Vegas Strip in August
Despite an ongoing decline in visitation, the Las Vegas Strip posted a 5.5% increase in gaming revenue in August, bolstered by another... more
Las Vegas visitation continues its decline, falling 6.7% in August
Las Vegas visitation continued to decline in August, but it wasn’t as bad as double-digit drops the previous two months. It marks the... more
Light & Wonder names Rohan Gallagher Executive Vice President, Global Chief Corporate Affairs
Light & Wonder this week announced that Rohan Gallagher has been named Executive Vice President, Global Chief Corporate Affairs... more
Bluberi Gaming gets green light to sell slot games in Nevada
Nevada gaming regulators Thursday greenlighted slot developer Bluberi Gaming to distribute its games in the state. The Nevada Gaming... more
Nevada makes gaming salons more accessible, catering to celebrities, actors, athletes
Despite raising some concerns, the Nevada Gaming Commission backed changes to two-decades-old regulations for gaming salons as a way to... more
Passenger counts at Las Vegas airport down 6% in August
Air passenger counts to Las Vegas continued to taper off in August as the summer travel season wound down. The news comes ahead of Las... more
AGA webinar: Responsible gaming practices becoming increasingly important to operators
In the opening remarks to the webinar “Powering Responsible Gaming Through Product Innovation,” American Gaming Association... more
Aristocrat Gaming, Aristocrat Interactive games to be featured at G2E
Aristocrat Gaming and Aristocrat Interactive on Wednesday announced a portfolio of games, hardware and solutions for the Global Gaming Expo... more
TransUnion report indicates Millennials and Gen Z are fueling growth in gaming industry
Growth in the United States’ gaming market is fueled by younger bettors. That’s true of many segments of the economy. But in the U.S... more
Massachusetts casino revenue up 1.7% year-over-year in August
Massachusetts’ three casinos generated $105 million in revenue last month, up 1.7% from last year’s $103.3 million. The figures,... more
“Cautious optimism” for Las Vegas, analyst says
In a September 22 investor note, Deutsche Bank analyst Steven Pizzella conceded that Las Vegas “has been relatively weak.” He... more
New York City: Last of three Manhattan casino proposals rejected by panel
NEW YORK (AP) — Plans to build the Big Apple’s first full-service casino in the heart of the city have run out of luck. A local panel... more
Las Vegas resorts announce details of citywide sale to spur tourism
Las Vegas’s tourism agency unveiled the details Monday of its first-ever destination-wide sales event as the city grapples with a... more
Wall Street Bets: Monarch Casinos, Caesars, OSB outlook, Sportradar, Genius Sports
Monarch’s customers Barry Jonas of Truist Securities September 22 commented on investor meetings his firm recently had with Monarch... more
2025’s 10 Women Rising in Gaming reflect the best of the industry
10 Women Rising in Gaming, a collaboration between CDC Gaming and GGW, focuses on the accomplishments of women who have long worked in the... more
TribalNet: Casino-systems suppliers protecting operations from cyberattacks
For casino-system producers, cybersecurity is at the forefront and their approach to ransomware attacks against tribal and commercial... more
Louisiana casino revenue reaches $214.8 in August, up 11.5% year-over-year
The Louisiana Gaming Control Board reported revenue of $214.8 million from the state’s casinos in August, up 11.5% from the $192.7... more
Pennsylvania gaming revenue in August was $582.3 million, second best month ever
The Pennsylvania Gaming Control Board on Thursday reported revenue from all forms of gaming and fantasy contests during August was $582.3... more
Greece: Aristocrat Gaming opens Pavilion at the Piazza at Regency Casino Thessaloniki
Aristocrat Gaming on Thursday partnered with Regency Casino Thessaloniki in Greece for the Pavilion at the Piazza, a dedicated space for... more
CDC Gaming introduces upcoming head of sales, Kim Faulds
Kim Faulds started in sales when she was 14, selling hair wraps on the New Jersey shore. Even then, her sales pitch proved to be quite... more
With FanDuel, Keith Whyte plans to increase responsible gambling awareness
For most of his career, Keith Whyte has worked staunchly advocating for responsible gambling initiatives. But the former American Gaming... more
CDC Gaming announces reimagined Day Zero Party
CDC Gaming announces reimagined Day Zero Party including “10 Women Rising in Gaming” presentation at Resorts World Las... more
Las Vegas tourism agency announces citywide sales event in wake of declining tourism
Facing a downturn in visitation over the summer and a media bandwagon that the resorts are overpriced, Las Vegas’ tourism agency... more
Virginia casino revenue up 30.4% year-over-year in August
Casinos in Virginia saw a 30.4% revenue increase year-over-year in August, with revenue rising from $65.1 million to $84.4 million,... more
Valicy Gaming to debut at G2E
Former CEO and Founder of Grover Gaming Garrett Blackwelder recently announced the official launch of a brand in land-based gaming. Valicy... more
Analyst points to strong Vegas weekend from boxing match and November improvement for tourism
A report from a Wall Street analyst is providing some optimism that tourism will pick up in November and that the Canelo-versus-Crawford... more
Tribal executives discuss limited cashless gaming adoptions to date
Two tribal gaming executives said cashless gaming hasn’t been well adopted in Indian Country. Casinos haven’t felt comfortable with it... more
Indiana casino revenue rises 2% year-over-year in August
Casino revenue in Indiana increased by 2% year-over-year in August from $200.2 million to $204.2 million. The figures, published by the... more
Wall Street Bets: Prediction markets, Las Vegas Strip, Light & Wonder, Caesars
Prediction markets analyzed J. P. Morgan’s Daniel Politzer wrote on September 15 that his firm is “increasingly mixed on the... more
Minnesota tribal conference addresses online sports betting in state amid entry of prediction markets
As Minnesota ponders legalizing sports betting, the executive director of the Minnesota Indian Gaming Association said tribal casinos there... more
Tribal technology conference kicks off Monday with focus on hospitality, cybersecurity, and AI
The 26th annual TribalNet Conference & Tradeshow kicks off Monday in Reno. This year’s event has a heavy focus on gaming and... more
Ann Simmons Nicholson trains casino employees as guests, and doesn’t use PowerPoint
One of the innovations Anne Simmons Nicholson developed instructing casino staff members was eliminating a dreaded staple of training... more
CDC Roundtable: G2E is unlike anything else in gambling
In a few weeks, the gaming industry will gather at the 25th edition of the Global Gaming Expo in Las Vegas, flocking to the Venetian Expo... more
Red Rock Resorts to announce three Vegas casino development projects “very soon”
The executive vice president and chief financial officer of Red Rock Resorts told Nevada regulators Wednesday that the company will... more
Global Gaming women names recipients of 2025 Patty Becker Award
Global Gaming Women on Thursday announced the six recipients of the 2025 Patty Becker Pay it Forward Award. The annual awards program... more
Value and higher-end customers keep Las Vegas locals casinos going strong
The chief operating officer of Station Casinos told Nevada regulators Wednesday that the company’s ability to keep costs down, provide... more
Slot developer Bluberi on track to bring games to Nevada
The Nevada Gaming Control Board recommended Canadian-founded and Las Vegas-based slot-game developer Bluberi Gaming for licensing in... more
British horse racing goes ahead with strike action in tax protest
LONDON (AP) — British horse racing went ahead Wednesday with its unprecedented one-day strike to protest a feared rise in taxes on race... more
Detroit casino revenue down 4.6% year-over-year in August
Detroit’s three casinos reported $106.9 million in revenue last month, down 4.6% from last year’s $112.5 million. The figures... more
Casino attendance droops in August: analyst
Visitation to United States casinos was down 5.4 percent in August and plummeted 17.5 percent from pre-pandemic 2019. These findings were... more
Caesars Entertainment dropped from S&P 500, displaced by Robinhood
Four and a half years after its stock was listed on the S&P 500, Caesars Entertainment is being removed from the benchmark index due to... more
Illinois casino revenue hits $174 million in August, up 24% fueled by new casinos
Illinois’ casinos reported revenue of $174 million last month, up 24.3% from the $140 million generated in the previous year, boosted by... more
G2E announces schedule, speakers for main stage conversations
The Global Gaming Expo on Tuesday announced content for its Main Stage conversations October 6-9 at the Venetian Expo in Las Vegas.... more
Illinois: Fairmount Park to celebrate 100 years with activities, drawings Sept. 18-20
Fairmount Park Casino & Racing, in Collinsville, Illinois, will celebrate its 100th anniversary September 18-20 with giveaways,... more
Circa CEO talks Las Vegas tourism campaign and return of value
Days into the Las Vegas tourism agency’s $35 million campaign to boost lagging visitation, Derek Stevens, CEO of Circa Las Vegas, spoke... more
Four California tribes speak out against proposed sweepstakes ban backed by tribal casinos
Members of Kletsel Dehe Wintun Nation, the Sherwood Valley Rancheria of Pomo Indians, the Mechoopda Indian Tribe of Chico Rancheria, and... more
Resorts World Las Vegas appoints two to legal positions
Resorts World Las Vegas on Monday appointed Lou Dorn as Chief Legal Officer and Corporate Secretary and Elizabeth Tranchina as General... more
DraftKings CEO says best prediction-market opportunities are in states without online sports betting
DraftKings CEO Jason Robins said the company continues to monitor prediction markets, but is keeping the strategy close to the vest for... more
Wall Street analyst counters talk about Las Vegas decline
A Wall Street analyst attributed the decline in tourism in Las Vegas to a broader problem in national travel, rather than a specific... more
Iowa casino revenue rises 4.9% year-over-year in August
Iowa casinos reported $151.2 million in revenue last month, up 4.9% from the previous year’s $151.2 million. The figures, published by... more
Wall Street Bets: Prediction markets, hotel revenue, second-quarter revenue
Investors focused on prediction markets David Katz of Jefferies on September 7 in a release wrote that “the focus of investors remains... more
Bank of America conference highlights strength in regional casinos and digital gaming
Las Vegas’s loss is the regional casino operator’s gain. That was one of the messages that came out of the 15th annual Bank of America... more
Tribal leaders meet as threats of government shutdown and online gray markets loom
Tribal leaders from across the U.S. are gathering in Minnesota this week to discuss the current gaming and political landscapes and... more
As the first investment banker elected to the AGA Hall of Fame, David Berman insisted on doing things the right way
David Berman had just started his career as an investment banker in Los Angeles when he jumped on a new opportunity. In those days, Berman... more
Las Vegas room rates decline 12% in Q4, lower-end properties impacted most
For all the talk of Las Vegas bouncing back in the fourth quarter, a new report from J.P. Morgan shows Las Vegas room rates are down 12% on... more
Anti-money laundering conference kicks off Monday in Las Vegas
In the past 12 months, anti-money laundering compliance has come to the forefront in the gaming industry in Nevada and worldwide. Against... more
MGM touting diversification opportunities beyond Las Vegas Strip
MGM Resorts International CEO Bill Hornbuckle addressed the company’s international opportunities in Japan, Dubai, and Brazil, in... more
MGM’s COO Corey Sanders announces retirement
MGM Resorts International announced Friday that Chief Operating Officer Corey Sanders will retire after more than 30 years. Sanders has... more
MGM CEO fights back against ‘Vegas is dead’
MGM Resorts International CEO Bill Hornbuckle Thursday countered the criticism on social media that Las Vegas visitors are getting gouged.... more
Las Vegas tourism agency launches major ad and social media campaign to woo visitors back
The Las Vegas Convention and Visitors Authority announced Thursday that it’s launching an advertising and social-media campaign that... more
Mindway AI to partner with Australia’s Crown Resorts for use of GameScanner
Mindway AI on Thursday announced a partnership with Crown Resorts to introduce GameScanner for their Australian operations. A news release... more
CDC Roundtable: Moderators perform symphonic tasks during panel discussions
They are part air traffic controllers, part transit cops, with the skills of symphony composer thrown in for good measure. They mediate... more
William Hill to take over sportsbook at Virgin Hotels Las Vegas
Virgin Hotels Las Vegas announced William Hill Nevada will take over operations of the property’s sportsbook this year, pending... more
Clark County approves two-year closure for Buffalo Bill’s in Primm
Clark County commissioners Tuesday approved an application from Buffalo Bill’s Resort & Casino at the Nevada and California border... more
A downturn in international travel to the U.S. may last beyond summer, experts warn
LAS VEGAS (AP) — For a few hopeful weeks this summer, a bright billboard on the major highway linking Toronto to New York greeted... more
Ohio casino revenue jumps 8.4% year-over-year in July
Ohio’s four casinos generated $88.9 million in revenue in July, up 8.4% from the previous year’s $82 million. The latest figures from... more
GLPI tribal deal draws analyst’s approval
Gaming & Leisure Properties Inc. (GLPI) announced a $225 million high-interest loan to the Dry Creek Rancheria of Pomo Indians early on... more
Wall Street Bets: Online sports betting, Churchill, Wynn Resorts, Las Vegas Strip
Prediction markets for DraftKings, FanDuel? Daniel Politzer of J. P. Morgan on September 2 looked at why prediction markets may be enticing... more
Sweepstakes operators accused of trying to divide California tribes
California’s Indian Country continues to gear up in its fight against sweepstakes operators. The Indian Gaming Association hosted another... more
Wall Street analysts recap July gaming, visitation in Las Vegas
A Wall Street analyst was surprised at the strong showing of Las Vegas Strip gaming revenue in July, given that the city reported its worst... more
Charles Lombardo’s knack for being in the right place led to a Hall of Fame career
Charles Lombardo has a knack for making the right decisions. One of three new members of the American Gaming Association’s Hall of Fame,... more
Las Vegas tourism head: Bet on city’s tourism recovery
The head of the Las Vegas tourism agency is optimistic about a rebound and taking steps to boost visitation after a 12% decline in tourism... more
Baccarat win fuels Las Vegas Strip’s 5.6% gain in July gaming revenue
Fueled by a 79% increase in baccarat revenue, the Las Vegas Strip had a strong showing in July with a 5.6% gain in gaming revenue over... more
Las Vegas visitation falls 12% in July, tourism agency combats doomsday scenarios
Las Vegas visitation fell 12% in July in what’s likely to continue to fuel a national narrative of what’s wrong with Las Vegas. The... more
American Gaming Association estimates $30 billion will be wagered on NFL in 2025
As the NFL prepares to kick off its schedule next week, gamblers are poring over spreadsheets, reading wagering guides, and getting ready... more
Las Vegas airport traffic dips in July, as visitor drop projected for Labor Day weekend
Ahead of Friday’s release of gaming revenue and tourism numbers, the Las Vegas airport reported passenger counts fell 5.7% in July,... more
Xailient’s ‘Casino Eye-D’ brings facial recognition to players clubs
A facial-recognition system that registers all players at each slot machine and table game can increase gaming revenue dramatically,... more
Colorado casinos see revenue rise 4.1% year-on-year in July
Colorado casinos generated $100.4 million in adjusted gross proceeds in July, a 4.1% increase from the $96.4 million reported in July 2024.... more
Nevada gaming salons become more accessible under proposed regulations
The Nevada Gaming Control Board is recommending changes to two-decades-old regulations that will make private gaming salons more accessible... more
Iowa: Elite Casino Resorts to acquire Great River Entertainment
Elite Casino Resorts announced Tuesday the signing of a definitive agreement to acquire the assets and operations of Great River... more
No turnaround yet for Las Vegas, analyst says
Although casino companies on the Las Vegas Strip have been predicting an autumnal “inflection point,” it’s not showing up yet, Truist... more
After spring expansion, WarHorse Omaha leads Nebraska casinos in July
Nebraska’s commercial casinos reported $21.3 million in revenue last month, rising from the previous year’s figure of $9.2 million,... more
Mississippi casinos report a 2.5% rise in revenue year-over-year in July
Mississippi’s three casino regions saw a 2.5% rise in revenue year-over-year from $205.5 million to $210.7 million in July. The latest... more
Former NFL players helping educate current players about league’s sports betting policies
Former players helped the NFL educate current players about the league’s sports betting policies during the annual training camp visits.... more
Wall Street Bets: Flutter teams with CME Group, Empire Resorts
Flutter’s announcement last week that it was teaming up with derivatives exchange CME Group drew widespread interest from Wall Street... more
Tribal industry webinar lauds gaming revenue growth, sees continuing headwinds
A webinar of Indian gaming experts touted the historic growth in tribal gaming revenues and contrasted it with what’s happening in... more
Industry veteran tapped to run Gilley’s in Wichita, opening in December
Tim Merrill, general manager of the new Gilley’s-branded gambling hall in Park City, Kansas, says the venue will be “a family... more
Nevada gaming regulators concerned over FanDuel involvement with prediction markets
Nevada gaming regulators issued a warning Thursday to Flutter Entertainment to stay away from sports prediction markets after its FanDuel... more
Nevada regulators expedite indie sportsbook ahead of NFL season
Nevada regulators Thursday signed off on expedited licensing to ensure a Carson City casino has a race and sportsbook operating at the... more
SBC Summit 2025 to feature Randi Zuckerberg at AI Academy
Tech innovator, entrepreneur, and two-time Tony Award winner Randi Zuckerberg will headline the debut of AI Academy at SBC Summit 2025 at... more
Louisiana gaming revenue reaches $198.6 million in July, up 9.8% year-over-year
According to a report issued by the Louisiana State Police, casinos in the state generated $198.6 million in revenue in July, a 9.8% boost... more
Massachusetts casino revenue nearly flat year-over-year in July
Commercial casinos in Massachusetts saw a 0.02% revenue increase year-over-year last month, rising from $99.47 million to $99.5 million.... more
New Kansas gambling parlor announced
A Gilley’s-branded slot parlor will open near Wichita in December. It was announced on August 20. Phil Ruffin, owner of Treasure Island... more
Pennsylvania gaming revenue increases more than 11% year-over-year
The Pennsylvania Gaming Control Board on Wednesday posted gaming revenue of $557.7 million for July, up 11.36% compared to July 2024. July... more
Rio Las Vegas ownership group gets loan for its renovations
The Peachtree Group announced it has closed a $176.5 million loan for Dreamscape Companies’ recently renovated 2,520-room Rio Hotel &... more
Webinar: Being prepared for cyberattacks mitigates risks
What can a gaming industry company do to prevent cybersecurity attacks? For starters, don’t skimp on training employees. “If you look... more
British horseracing to hold one-day strike in protest of rise in gambling taxes
LONDON (AP) — British horseracing will stage an unprecedented one-day strike on Sept. 10 to protest a proposed rise in taxes on race... more
Virginia casino revenue climbs 42.8% to $84.7 million in July
Virginia’s casinos generated $84.7 million in adjusted gaming revenue in July, a 42.8% increase compared to $59.3 million in July 2024,... more
Wall Street Bets: Gambling.com, Bally’s, Penn Entertainment, GLPI
Gambling.com prospects David Bain of Texas Capital Securities on August 15 wrote in a release about Gambling.com that after “a 2%/1%... more
Nevada regulators to consider key executive license for European-based Evoke
The Nevada Gaming Commission will consider the licensing of an executive director and chief financial officer of Evoke PLC who has spoken... more
Nevada Gaming Control Board special meeting will consider Boomer’s latest sportsbook
The Nevada Gaming Control Board has scheduled a rare special meeting set for Thursday one hour before the Nevada Gaming Commission holds... more
Las Vegas tourism head calls narratives about the city’s visitation false
The head of the Las Vegas tourism agency scoffs at some of the narratives espoused on social media that the city is “an experience of the... more
Bally’s result ‘windy,’ Truist analyst says
A soft opening may be in the cards for Bally’s Chicago, the $1.8 billion megaresort being financed and overseen by Gaming & Leisure... more
CDC Gaming Roundtable: Tribes have to adjust to meet new challenges
The National Indian Gaming Commission reported tribal gaming revenue of $43.9 billion for fiscal year 2024, reflecting a 4.6%, or $2... more
Illinois casino revenue rises 23.3% year-over-year in July
Illinois casinos generated $167.5 million in adjusted gross revenue receipts in July, a 23.3% increase compared to the $135.8 million... more
Hollywood Joliet draws Wall Street raves
A quartet of Wall Street gaming analysts attended the August 11 debut of Penn Entertainment’s new Hollywood Joliet in Illinois. Their... more
American Gaming Association analysis indicates illegal gambling in the U.S. growing
New analysis from the American Gaming Association indicates that U.S. gamblers are gambling on illegal sites in droves. The AGA found that... more
Casino visitation down in July, analyst says
Foot traffic in United States casinos plunged 9.9 percent in July, falling 19.9 percent below the comparable point in 2019. That was the... more
Aristocrat has ‘momentum across the business,’ Jefferies analyst says
After checking out Aristocrat’s formal presentation at the Australasian Gaming Expo this week, Jefferies Equity Research analyst Kai... more
‘Rising pain’ coming for consumers, Jefferies analysts say
“Consumer sentiment continues to plod higher,” reported a panel of Jefferies Equity Research analysts. It came in half a point higher... more
Las Vegas extends F1 race two more years to 2027
Las Vegas tourism officials Tuesday extended hosting a Formula One race through 2027 at a cost of $20 million. Las Vegas will host the... more
Bally’s posts broad revenue increases in Q2
For the third straight quarter, Bally’s Corp. eschewed a quarterly earnings call. A press release summarized second-quarter results.... more
Evolution’s Ezugi advances EZ Baccarat in U.S. and Canada
EZ Baccarat, the leading baccarat brand in North America and now available on Evolution’s subsidiary Ezugi in New Jersey, Michigan, and... more
Analysts tout Wynn after strong second-quarter earnings report
The contrast couldn’t be more different between Wynn Resorts and the other major Las Vegas Strip operators. The difference sent Wall... more
Wall Street Bets: Flutter, Golden Entertainment, Draft Kings, Inspired Entertainment
Flutter outlook strong Barry Jonas of Truist Securities examined Flutter after its recent investor’s call. “Flutter’s Q2 EBITDA came... more
Analyst: Slot industry ‘resilient’ during economic turmoil
For all the uncertainty in the U.S. economy, slot machines remain “resilient,” according to Macquarie analyst Chad Beynon. His views... more
AGA and state AGs combat sweepstakes and offshore gambling sites
The American Gaming Association (AGA) is doubling down on its pursuit of the sweepstakes industry, while state attorneys general across the... more
Chamonix progressing slowly, Full House says
“Not a great quarter. We’re working hard.” That’s how Full House Resorts CEO Dan Lee wound up the company’s second-quarter... more
Golden reports strong Las Vegas showing, tourism slump at Strat
Golden Entertainment reported a strong showing from its Las Vegas casinos that serve neighborhood residents, but revenue and earnings... more
Wynn Resorts bucks Las Vegas Strip results with strong showing in Q2
While MGM Resorts International and Caesars Entertainment results have been impacted by a decline in Las Vegas visitation, Wynn Resorts... more
CEO Snowden optimistic Penn Entertainment will benefit from ESPN-NFL deal
During Thursday’s investors call, Penn Entertainment CEO Jay Snowden admitted he was not privy to many of the details involving this... more
Century Casinos: No corporate benefit from Trump tax cut
Unlike some of its larger competitors, Century Casinos anticipates no cash infusion from corporate tax cuts passed by the U.S. Congress.... more
Light & Wonder to delist from Nasdaq, trade shares solely in Australia
Executives of Light & Wonder employed their second-quarter-earnings call to announce the board’s decision to pursue delisting from... more
Flutter addresses Nevada expansion and reported talks with Kalshi
Executives said that Flutter Entertainment is keeping its options open for expansion into Nevada under its FanDuel brand, but that nothing... more
Kambi CEO passes Nevada licensing hurdle
The Nevada Gaming Control Board Wednesday recommended the CEO of Malta-based Kambi Group, a B2B sports betting supplier, be granted a... more
BetMGM seeks another year for taking over nine Las Vegas sportsbooks
BetMGM is seeking another year to assume the reins of the nine Las Vegas retail sportsbook operations of MGM Resorts International. In... more
Accel Entertainment reports record revenue in second quarter, downplays expansion plans
Accel Entertainment reported record quarterly revenue of $335.9 million in the second quarter, an increase of 8.6% year-over-year. But as... more
New Hampshire casinos see 61% revenue increase year-over-year in June from casino openings
Charitable gaming revenue in New Hampshire showed a 61% increase year-over-year in June, rising from just less than $14 million to $22.5... more
Las Vegas’s only independent sportsbook opens off-Strip and in Henderson
Nevada’s newest sportsbook launched near the Strip Monday afternoon in the typical Las Vegas fashion for openings, with showgirls and... more
CMTC: Ethics loom large for casino hosts
During the recent Casino Marketing & Technology Conference in Temecula, California, Delaware North Marketing Consultant Mark Juliano... more
Casino growth ‘hard to come by,’ Jefferies analyst says
Gambling’s growth potential lies in the digital sphere, as demonstrated by MGM Resorts International and Caesars Entertainment. That was... more
All major Las Vegas Strip casinos are unionized, defying national trend
LAS VEGAS (AP) — When Susana Pacheco accepted a housekeeping job 16 years ago at a casino on the Las Vegas Strip, she believed it was a... more
Wall Street Bets: Rush Street, Caesars, VICI, Bright Star Lottery, global sectors
Rush Street outlook positive According to Jefferies’ David Katz in a statement August 3, Rush Street reported “a healthy 2Q25... more
Las Vegas tourism decline narrative continues as resorts’ prices make headlines
The decline in Las Vegas tourism this summer has garnered international headlines and will only accelerate after last week when... more
Fight heats up between tribal gaming operators and prediction markets
As the legal fight heats up in California between tribes and companies that offer sports events contracts, the Indian Gaming Association is... more
Ohio casino revenue rises 0.5% year-over-year in June
Ohio casinos generated $82 million in revenue in June, up 0.5% year-over-year from the $81.6 million generated in June 2024, but down 10.5%... more
CMTC: Mohegan Sun’s reality show a hit with employees, patrons
Because of it’s proximity to New York and Boston, Mohegan Sun has been used as a site for various TV and film shoots. For instance, in... more
CMTC: Casino marketers must provide unique experiences, embrace technology
During a recent panel at the Casino Marketing & Technology Conference in Temecula, California, American Place Casino Vice President and... more
Questions emerge about NYC gunman’s security-sensitive job at Las Vegas casino
LAS VEGAS (AP) — The man who stormed a Manhattan office tower with a gun, killing four people before killing himself, worked in the... more
Vici downplays Vegas’ woes in earnings call
Despite the July 30 revelation of an 11% drop in visitation to Las Vegas in June, Vici Properties Chief Operating Officer John Payne... more
Record gaming revenue reported for tribal casinos in 2024
The National Indian Gaming Commission on Thursday announced gaming revenue at tribal casinos of $43.9 billion for fiscal year 2024 – an... more
MGM Resorts CEO says Las Vegas visitation will rebound: “History gives us confidence”
The Las Vegas Convention and Visitors Authority reported Wednesday that visitation to the city was down 11.3% in June, and conference... more
Caesars and Red Rock Resorts offer divergent views of Las Vegas on and off the Strip
Caesars Entertainment and Red Rock Resorts held overlapping second-quarter earnings calls earlier this week, with both companies’... more
Las Vegas visitation drops 11.3% in June as gaming revenue holds serve
Las Vegas visitation fell off a cliff in June with a 11.3% decline, but that didn’t stop the Strip from recording just less than 1% gain... more
Problem gambling support group began with founder Christina Cook’s personal story
If she had known where to look, the signs were there for Christina Cook to see. One day, Cook left her mother’s bedside at a hospital –... more
Red Rock Resorts enjoys best quarter in its 49-year history as Las Vegas locals market thrives
Red Rock Resorts reported the highest quarterly net revenue and adjusted earnings in its 49-year history, showing the divergence between... more
Slowdown in Las Vegas trims Caesars earnings but pickup expected in Q4 and 2026
Caesars Entertainment executives said the operator saw the impact of the slowdown in Las Vegas tourism in its second quarter results, but... more
Quick Custom Intelligence re-acquires VizExplorer
Quick Custom Intelligence on Monday acquired VizExplorer, bringing the casino analytics platform back to its original developers, Dr. Ralph... more
‘Cool’ second quarter earnings marked by operator introspection: analyst
Quarterly earnings reports so far have been positive, according to Jefferies Equity Research analyst David Katz in a July 27 investor note.... more
Dotty’s slot parlor reimbursed nearly $5M for overpayment of Nevada gaming taxes
Less than a year after paying Dotty’s slot parlor chain $3.1 million for overpayment of gaming taxes, the Nevada Gaming Commission voted... more
UPDATED: Shooter opens fire at Reno’s Grand Sierra Resort, killing 3 and injuring several others
RENO, Nev. (AP) — A gunman opened fire Monday outside the largest casino in Reno, Nevada, killing three people and wounding three others... more
Wall Street Bets: Caesars, Golden Entertainment, Churchill Downs, GLPI, Boyd
Caesars and Golden Entertainment outlooks David Bain of Texas Capital Securities on July 28 wrote that the firm is “lowering... more
Seeking unlimited Nevada license, Aruze Gaming granted five years
Aruze Gaming Global made its pitch to Nevada regulators for an unlimited gaming license, but the Gaming Commission instead opted for a... more
Tribal leaders step up opposition to federal budget cuts, worry about financial pressure on Indian Country and gaming
As Congress weighs further budget cuts to Indian Country that would put more pressure on tribal revenue sources such as gaming, Native... more
Gaming & Leisure Properties CEO happy with where company is despite questions about Bally’s Chicago
During Gaming & Leisure Properties Inc.’s second quarter investor’s call, a question was asked about why the focus was often on... more
Nevada regulators sign off on Novomatic executive as it quizzes company on Austrian criminal investigation and AGT acquisition
The Nevada Gaming Commission signed off on a Novomatic executive’s licensing after getting reassurances that criminal investigations... more
Boyd touts FanDuel stake sale and strength in regional and Las Vegas locals markets
Boyd Gaming on Thursday told Wall Street analysts that there’s a big difference between neighborhood casinos showcasing continued... more
Nevada regulators approve Boomer’s Sportsbook ahead of Aug. 1 launch
The Nevada Gaming Commission on Thursday approved the state’s newest sportsbook headed by Gambling Hall of Famer Joe Asher, who defended... more
Las Vegas Sands cites underperformance in Macau that it is addressing
While touting the record-setting performance at the Marina Bay Sands in Singapore, Las Vegas Sands executives said its properties in Macau... more
Webinar: Regulators overwhelmed by post-PASPA gambling expansion can embrace technology
When the Professional and Amateur Sports Protection Act was repealed in 2018, one element was overlooked: Regulators were ill-prepared for... more
Penn getting weak regional boost, Jefferies analyst says
Sticking with a “Hold” rating on Penn Entertainment stock, Jefferies Equity Research analyst David Katz reported weakness in Penn’s... more
Illinois: Hollywood Casino Joliet to re-open as land-based property August 11
Penn Entertainment on Wednesday said it will close its Hollywood Casino Joliet riverboat property in Illinois to prepare for the grand... more
TribalNet Conference focusing on emerging technology in gaming
The agenda for the TribalNet Conference & Tradeshow slated for Sept. 14-18 in Reno will focus on how technology transforms tribal... more
Carlo Santarelli joins GLPI as Senior Vice President, Corporate Strategy and Investor Relations
Carlo Santarelli is making the transition from covering the gaming industry to being part of it. Gaming and Leisure Properties on Tuesday... more
Massachusetts casino revenue climbs 1.7% year-over-year in June
Massachusetts’ commercial casinos generated $97.7 million in revenue in June, a 1.7% rise from the $96.1 million in June 2024.... more
AGS showcases slot titles and table innovations at Oklahoma Indian Gaming Association Conference
AGS showcased its latest lineup of high-performing Class II and Class III slot titles and table innovations at the 2025 Oklahoma Indian... more
Enthusiasm for Las Vegas Strip ‘low,’ Deutsche Bank analyst says
After taking feedback from investors, Deutsche Bank analyst Steven Pizzella reported, “Sentiment for the Las Vegas Strip remains low,... more
Wall Street Bets: New York OSB, Monarch Casino & Resorts, tariffs, foot traffic
New York online sports betting up slightly New York State’s online sports betting was reviewed by J. P. Morgan’s Daniel Politzer on... more
Mississippi casino revenue down 2.2% year-over-year in June
Mississippi casinos reported $197.6 million in casino revenues for June, down 2.2% from the $202.1 million generated the year prior, and an... more
CBRE lowers Q2 and Q3 earnings for Las Vegas Strip, strengthening in Q4 and 2026
CBRE lowered its second- and third-quarter earnings estimates for Las Vegas Strip casinos impacted by a summer slowdown, but predicted a... more
Inside the high-stakes battle to win a New York City casino license
NEW YORK (AP) — A Caesars Palace casino in the heart of Times Square. A sprawling gambling hall along Coney Island’s iconic boardwalk.... more
Louisiana: Gaming revenue reaches $208.9 million in June, up 5.8%
The Louisiana Gaming Control Board this week reported casino revenue of $208.9 million in June, up 5.8% from June 2024. The Lake Charles... more
Pavilion Payments acquires CasinoSoft
Pavilion Payments on Friday acquired CasinoSoft, an anti-money laundering/Title 31 compliance software company. “CasinoSoft is the... more
Analysts: Inflation taking a toll on consumer spending
Although recent geopolitical stresses have faded, Jefferies Equity Research analysts wrote, “Inflation is starting to feature as a bigger... more
Pennsylvania gaming revenue up 15.4% year-over-year
The Pennsylvania Gaming Control Board on Thursday reported that revenue generated from gaming and fantasy contests was $544.7 million in... more
U.S. casino visitation stable in June, report says
Although casino foot traffic sagged 4.6 percent from June 2024 to June 2025, Jefferies Equity Research analyst David Katz was still pleased... more
Green Valley Ranch Resort in Henderson unveils $200 million room project
Green Valley Ranch Resort has unveiled the next phase of its $200 million property-wide transformation: the renovation of its guest rooms,... more
Monarch revenue, profit jump in second quarter
Profits at Monarch Casinos & Resorts leapt 19.1 percent in the second quarter, reaching $27 million. The news was disclosed by the... more
Close-to-home gamblers provide Q2 boost, analyst says
Las Vegas locals casinos will prove stable and solid in second-quarter earnings. That was the prediction of Truist Securities analyst Barry... more
Earnings season kicks off Wednesday with open questions about Macau, regionals, Las Vegas
Second-quarter earnings season starts Wednesday and kicks off in earnest next week, when a lot of questions will be answered about Las... more
Dan Lee relinquishes Full House executive role to Lewis Fanger
In a surprise announcement, Lewis Fanger has been named president of Full House Resorts. Fanger, the longtime CFO of the company, will... more
UNLV economist concerned over Las Vegas gaming and tourism outlook
An economist at the University of Nevada Las Vegas expressed concern about Las Vegas gaming and tourism for the rest of the year and the... more
Aruze appears at Nevada Gaming Commission for licensing renewal
Two years after being limited to a two-year gaming license, Aruze Gaming Global will go before the Nevada Gaming Commission July 24,... more
Indian Gaming Association sets agenda for mid-year conference
Strengthening tribal gaming to endure “the age of disruption” is the theme of this year’s Indian Gaming Association mid-year... more
New Hampshire’s newly opened Casino Salem sold to Churchill Downs
Less than a week after its July 9 opening, a majority stake in Casino Salem in New Hampshire has been sold to Churchill Downs. No price was... more
Five-card pai gow poker recommended for approval by Nevada regulator
A five-card pai gow poker game under field trial at Harrah’s Las Vegas is about to go mainstream in Nevada. The Nevada Gaming Control... more
Regional and locals casinos look stable, Deutsche Bank analyst says
Following the departure of Carlo Santarelli, Deutsche Bank’s portfolio of gaming coverage passed to analyst Steven Pizzella. His new... more
Wall Street Bets: Flutter-Boyd, IGT sale, Genius Sports
Flutter – Boyd dealout Flutter Entertainment’s announcement that it will buy Boyd Gaming’s 5% stake in FanDuel, in a deal... more
Joe Asher saw a place for an independent Nevada sportsbook. Next month he launches Boomer’s
Joe Asher knew he couldn’t remain on the sidelines when it came to bookmaking. His desire to launch another independent sportsbook was... more
Wall Street weighs in on Boyd sale of 5% interest in FanDuel
One Wall Street analyst said Boyd Gaming’s sale of its 5% stake in FanDuel to its parent company Flutter Entertainment should benefit the... more
Missouri casino revenues up 4% year-over-year in June
Missouri casinos generated $161.4 million in revenue in June, up 5% from the $154.7 million collected in June 2024, but down 9.1% from May.... more
Nevada regulators reject appeal by presumed blackjack advantage player
A blackjack player lost his appeal to the Nevada Gaming Control Board, arguing he was singled out as an advantage player and should be paid... more
Senate Republicans block attempt to roll back tax hike on professional gamblers
WASHINGTON (AP) — Senate Republicans on Thursday blocked an attempt to reverse a little-noticed provision from their tax and spending... more
Boyd Gaming to sell FanDuel interest for $1.75 billion
Boyd Gaming announced Thursday an agreement to sell its 5% stake in FanDuel Group back to its parent, Flutter Entertainment, for $1.75... more
Novomatic executive outlines pending Ainsworth acquisition to Nevada regulators
Austrian gaming-technology company Novomatic told Nevada regulators this week that criminal investigations against the company that date... more
ICRG webinar: Young adults can combat compulsive gambling with different tools
During Thursday’s webinar “Level Up: Syncing Youth and Technology to Power Down Underage Gambling,” Elizabeth Thielen, senior... more
Casino Salem celebrates phase one opening, New Hampshire’s latest on the Massachusetts state line
Casino Salem this week celebrated its phase-one opening with a ribbon-cutting ceremony on the first charitable gaming facility in Salem,... more
Recent openings drive Illinois casino revenue up 15% in June vs. 2024, although down from May
Illinois casinos generated $159.1 million in adjusted gross receipts in June, up 15.1% year-over-year fueled by the opening of new casinos,... more
Tribal leaders talk California’s move against DFS and sweepstakes operators
As the California Senate advanced a measure this week to curtail online sweepstakes operators and Attorney General Rob Bonta issued an... more
Nevada: Joe Asher’s independent sportsbook crosses first hurdle
Sports betting Hall of Famer Joe Asher received a recommendation from Nevada regulators Wednesday to launch an independent race and... more
G2E to host inaugural dealer championship
For the first time, dealers will have their day at the Global Gaming Expo in Las Vegas. The inaugural G2E Dealer Championship will debut... more
Massive tax legislation positive for U.S. casino industry and Las Vegas, CBRE analyst says
A Wall Street analyst said the One Big Beautiful Bill Act signed by President Trump over the weekend should be positive for the domestic... more
AGA backs bill to restore 100% deduction on gambling losses
The American Gaming Association released a statement Monday backing proposed legislation to restore the 100% deduction for gambling losses.... more
Rep. Dina Titus introduces FAIR BET Act to restore gaming-loss deduction
U.S. Rep Dina Titus of Nevada, co-chair of the Congressional Gaming Caucus, introduced on Monday the Fair Accounting for Income Realized... more
Nominations open for the 2025 Class of 10 Women Rising in Gaming
Nominations are now open for CDC Gaming and Global Gaming Women’s 4th annual 10 Women Rising in Gaming, recognizing the achievements of... more
Wall Street Bets: Gaming sector prospects, DoubleDown Interactive, Bally’s, U.S. RevPAR, IGT sale
Gaming sector’s outlook positive David Katz of Jefferies is upbeat on the gaming sector’s prospects this year noting that based on... more
Las Vegas doubling down on sports tourism
Las Vegas tourism officials are focusing more and more on sports to bring visitors to the city, starting with hosting the Final Four at... more
Aristocrat’s momentum accelerating, analyst says
Jefferies Equity Research data supports Aristocrat Leisure continuing to grow market share through the third quarter of 2025. That’s... more
Tribal gaming leaders concerned over impact of ‘Big Beautiful Bill’
Tribal leaders are concerned about the implications for Indian country of the budget reconciliation bill passed by Congress this week and... more
Electronic table games are now a staple on casino floors
Electronic table games (ETGs) started appearing in European casinos during the 1990s, when Interblock founder Joc Pececnik was credited... more
“Downbeat” ending to second quarter, Jefferies analyst says
While there is “no evidence of peril” in summer spending patterns by consumers, Jefferies Equity Research analyst David Katz opined... more
Fitch issues alert on Bally’s credit
Fitch Ratings put a Rating Watch Negative alert on Bally’s Corp.’s debt Monday. The message follows Bally’s announcement of a $3.2... more
Here’s a recap of this session’s Nevada legislation impacting the gaming industry
The Nevada Legislature wrapped up its session in June. Some bills impacting the gaming industry went into effect Tuesday; others will go... more
Analyst: IGT sale ‘a positive step’ for company
International Game Technology (IGT) having closed the sale of its gaming business, Jefferies Equity Research analyst David Katz called it... more
Expert discusses Light & Wonder/Aristocrat litigation
“These kind of cases can be nasty,” said independent attorney David A. Boag. “It’s not just, ‘Somebody bumped into my IP.’”... more
CDC Gaming Roundtable: In five years, the gaming industry landscape will be different
In 2020, the gaming industry landscape looked remarkably different. Legal sports betting was only two years old and operators spent... more
Las Vegas projects slight drop in visitation for Fourth of July weekend
Amid a 6.5% drop in visitation to Las Vegas so far this year, the city’s tourism agency is projecting a slight decline for the Fourth of... more
Ohio casino revenue increases 8.4% year-over-year in May
Ohio casinos generated $91.6 million in revenue in May, an 8.4% rise year-over-year and a 3.5% increase from the $88.5 million in casino... more
New Hampshire casinos can install unlimited VLTs after governor signs gambling expansion into law
Effective immediately, New Hampshire casinos can install unlimited numbers of video lottery terminals (VLT). That is among the provisions... more
Analyst: Strip declines in revenue and visitation portend ‘risk to the downside’
A Wall Street analyst said declines in gaming revenue and visitation numbers on Las Vegas Strip raise concerns over whether casino... more
Nevada regulators discuss doping at summer horse races
The Nevada Gaming Commission expressed anger and questioned what more might be done to deter doping in the state’s summer horse racing... more
Brightstar Capital Partners announces completion of $1.1 billion deal to take PlayAGS private
Nearly 14 months after Brightstar Capital Partners announced its intent to take PlayAGS private, days after Nevada regulators approved the... more
As G2E turns 25, organizers plan for a celebration of gaming
As Korbi Carrison preps for this year for the 25th edition of the Global Gaming Expo, she is asked how many people were at the first... more
Bally’s unveils Bronx designs and budget
“This isn’t a plan on paper. This is a ready-to-go development with community at its core,” proclaimed Bally’s Corp. Chairman Soo... more
Wall Street Bets: Gaming stocks, IGT, Las Vegas Strip, New York OSB
Gaming industry overview Dan Politzer of J.P. Morgan on June 26 released an overview of gaming stocks: “Macau was one of the more... more
Nevada regulators approve Wynn COO, while reminding him of company’s past failures
The Nevada Gaming Commission continues to remind Wynn Resorts executives that the company needs to do better than it has in the past. The... more
Las Vegas’ drop in tourism and gaming revenue shows no sign of slowing
The drop in visitation to Las Vegas and decline in hotel occupancy show no signs of slowing down over the summer, considering the reports... more
Las Vegas Strip gaming revenue down in May
Gaming revenue on the Las Vegas Strip took another hit in May. Locals casinos held steady and valued-oriented Mesquite and Laughlin both... more
Las Vegas Sands “a battleground stock,” J.P. Morgan analyst says
Daniel Politzer’s debut as J.P. Morgan’s lead gaming analyst brought a plethora of reactions. Politzer summarized the feedback in a... more
Venetian owner Apollo gets green light from Nevada regulator to acquire IGT and Everi
IGT and Everi are combining forces via acquisition by Apollo Global Management in a deal approved Thursday by the Nevada Gaming Commission.... more
Air travel to Las Vegas continues to decline in May
Las Vegas tourism continued to take a hit, with travel through its airport down nearly 4% in May. Harry Reid International Airport reported... more
Canadian Gaming Summit sets attendance record
The Canadian Gaming Summit set attendance records while preparing for its evolution into SBC Summit Canada in 2026. Over two days the... more
California tribes push back hard on sweepstakes industry
The Indian Gaming Association (IGA) and California Nations Indian Gaming Association (CNIGA) came out strongly in support of legislation to... more
Registration for the 25th edition of G2E opens today
This year’s edition of the Global Gaming Expo will celebrate its silver anniversary. G2E 2025 is the 25th year the gaming industry’s... more
Light & Wonder/Aristocrat litigation is “background noise,” Jefferies analyst says
The latest court decree in Aristocrat Leisure’s ongoing lawsuit against Light & Wonder “is an incremental positive” for the... more
Nebraska casino revenue jumps year-over-year in May with new offerings
Nebraska’s commercial casinos recorded revenue of $24.2 million in May, a rise of 149.3% from the more than $9.7 million generated in... more
Local and MLB dignitaries attend groundbreaking for A’s $1.75B stadium on the Las Vegas Strip; no news from Bally’s
The Las Vegas Strip took center stage in the baseball world Monday morning during the groundbreaking ceremony for the home stadium of the... more
Nevada Gaming Control Board warns casinos over drug use, sexual violence, and prostitution
With the pool season well underway, the Nevada Gaming Control Board threatened disciplinary action against casinos turning a blind eye to... more
Gaming sector an attractive risk, J.P. Morgan analyst says
Despite resilience among United States consumers, “The current economic environment is marked by elevated uncertainty, with the... more
Mississippi casino revenue up 6.7% year-over-year in May
Mississippi casinos reported a combined total of $223.6 million in gross gaming revenue for May, up 6.7% compared to the previous year’s... more
Wall Street Bets: Sports betting taxes, BetMGM, lodging trends, regional properties
Taxes on sports betting could dampen growth Fitch Ratings June 16 issued a note regarding recent and proposed sports betting tax hikes,... more
Air travel to Las Vegas from Eastern U.S. and abroad was strong in 2024, though worries linger for this year
Air travel to Las Vegas from New York and Pennsylvania made some of the biggest gains among top U.S. feeder-state markets in 2024. At the... more
Webinar celebrates launch of LGBTQ+ in Gaming
Chad Rogers, Penn Entertainment’s Director of Slots, surprises a lot of people when he states that he’s gay. The reactions range... more
Conference: Las Vegas prospects “less bearish than feared”
Regional casinos are stable and “commentary on the summer downside in Las Vegas is less than feared.” That’s how Jefferies Equity... more
Gaming execs: Sweepstakes operators on the run
Gaming executives and tribal leaders said Wednesday they believe they have sweepstakes operators on the run. They also waxed optimistic... more
Fictional ‘Contoso Casino’ falls victim to cyberattack at the Canadian Gaming Summit
Gaming companies process billions in transactions annually, while safeguarding vast databases of customer financial information, making... more
Pennsylvania monthly gaming revenue tops $600 million for the first time
The Pennsylvania Gaming Control Board on Wednesday reported that combined revenue from all forms of gaming and fantasy contests during May... more
CasinoTrac focusing on advancements in core casino-management system
CasinoTrac is focusing on advancements in its core casino-management system and will be introducing new technology by the end of the year.... more
CBRE bullish on MGM Resorts International despite Las Vegas slowdown
CBRE is bullish on MGM Resorts International stock after visiting the Las Vegas Strip operator last week. Strength in MGM’s regional... more
Louisiana casino revenue rises 12.7% year-over-year in May
Louisiana’s 16 casinos reported a combined $197.2 million in adjusted gross receipts for May, a year-over-year rise of 12.7% compared to... more
CBRE raises Red Rock Resorts price target
CBRE has raised its stock-price target for Red Rock Resorts, saying the locals casino market is better positioned through 2026 to handle... more
Analyst: Grover Gaming a billion-dollar boon to Light & Wonder
Light & Wonder’s $1 billion purchase of pull-tab specialist Grover Gaming met with a favorable review from Macquarie Securities... more
Macau revenue accelerates, Jefferies analyst says
Gambling revenue in Macau could accelerate as much as 14 percent this month, according to Jefferies Equity Research analyst Anne Ling. She... more
Wall Street Bets: Illinois tax increases, Las Vegas outlook, New York OSB, Gambling.com
OSB tax increases in Illinois Jefferies’ David Katz on June 16 looked at how some companies are reacting to the increase of taxes on... more
Analyst: Las Vegas is in for a ‘choppy summer’
Tough year-over-year comparisons and seasonal fluctuations will make for a “choppy summer” in Sin City. That was the word from Truist... more
Nevada regulators deny payments to golf bettors on bets with incorrect odds
Two sports bettors who hit a long-shot play on a first-round leader in a golf tournament in Australia in November 2023 lost out on $68,200... more
F1 Las Vegas Grand Prix extended through 2027 after a roller-coaster start
The Las Vegas Grand Prix received a two-year contract extension that keeps the race that runs down the iconic Strip on the calendar through... more
Illinois: Two new casinos help boost state revenue more than 22% year-over-year in May
Illinois casinos generated $176.5 million in adjusted gross receipts in May, up 22.7% year-over-year, boosted by the opening of two... more
Gaming companies descend on Nantucket for summit
Numerous casino companies, along with gaming manufacturers and sports betting operators, are coming to Nantucket June 17 and 18 for the... more
Analyst: Consumers visit casinos less than in 2019, but spend more
Visitation to United States casinos was up 2.3 percent in May, according to Jefferies Equity Research. But it was down 9.2 percent from... more
Nevada Gaming Control Board Chair Kirk Hendrick says his public goodbyes
Nevada Gaming Control Board Chair Kirk Hendrick gave a public goodbye during his last meeting Wednesday before he steps down from his role... more
Wynn COO says the casino operator has changed for the better since AML violations
As one member of the Gaming Control Board feared federal intervention in the Nevada gaming industry, the chief operating officer of Wynn... more
Nevada regulators signal approval for Apollo acquisition of IGT and Everi
The Nevada Gaming Control Board Wednesday gave its blessing for funds managed by Apollo Global Management to acquire Everi’s and IGT’s... more
Tilman Fertitta unhappy with Wynn management and stock price
As Tilman Fertitta flew off to Italy Wednesday to serve as its U.S. ambassador, his legal counsel told the Nevada Gaming Control Board that... more
NCAA says online abuse related to sports betting declined during this year’s March Madness
INDIANAPOLIS (AP) — Online abuse related to sports betting decreased during the NCAA’s March Madness basketball tournaments compared... more
Prairie Band Casino celebrates success at 2nd annual Class 2 Gathering
From June 2 – 5, 2025, Prairie Band Casino in Mayetta, Kansas, hosted its second annual Class 2 Gathering (C2G) bringing together... more
Las Vegas numbers low but confidence cautiously high, say LVCVA and analysts
Strip casinos announcing layoffs, the decline in visitation and hotel occupancy, and gaming revenue down for three consecutive months... more
Nevada regulators to review Tilman Fertitta’s Wynn stock ownership suitability
Billionaire Tilman Fertitta will have a hearing Wednesday before the Nevada Gaming Control Board on a finding of suitability as a... more
Gaming REITs remain positive and talk of future deals
The management teams of casino property owners VICI Properties and Gaming & Leisure Properties (GLPI) remain positive, despite dealing... more
Aristocrat taking market share, Jefferies analyst says
Aristocrat Leisure recorded a four percent gain in social-casino market share in May, while its competitors lost four percent. That was the... more
Boyd Gaming gets Buy rating
Jefferies Equity Research issued a Buy rating for Boyd Gaming after meeting with senior management this week in Las Vegas. Analyst David... more
Despite underperformance, analyst “cautiously optimistic” for gaming
Calling 2024 an “underperformance” year for the casino industry, Macquarie Equity Research analyst Chad Beynon said he was... more
LVCVA expects 2026 to be big for Vegas conventions
With convention attendance up 1.8% in 2025, while overall tourism is down 6.5%, the Las Vegas Convention Center on Tuesday showcased its... more
Las Vegas room rates softening, Truist analyst says
Following room-rate increases in April, Truist Securities analyst Barry Jonas saw them soften through May and into June on the Las Vegas... more
Wall Street Bets: Illinois OSB tax increase, New York OSB, Las Vegas Strip
Wall Street Bets is a roundup of recent notes from analysts covering the gambling industry. Surprise tax increase in Illinois Barry Jonas... more
South Dakota: Deadwood casino revenue up 9% year-over-year in April
Deadwood casinos showed a 9% rise year-over-year in its adjusted gross revenue for April, increasing from $10.7 million to $11.7 million.... more
Pennsylvania: SC Gaming casino named Happy Valley Casino
SC Gaming on Thursday announced the official name and logo of its forthcoming casino in central Pennsylvania at Nittany Mall in State... more
Strip visitation declines in April alongside gaming revenue
Along with the year-over-year decline in gaming revenue on the Las Vegas Strip for the third month in a row, Las Vegas visitation continued... more
Las Vegas Strip gaming revenue declines year-over-year for third consecutive month
As a result of lower hold percentages in April despite higher handle, the Strip posted a year-over-year decline in gaming revenue for the... more
Jefferies analyst sees “new product momentum” for Aristocrat
Citing an April improvement in gross gaming revenue, Jefferies Equity Research analyst Kai Erman said he gained confidence in Aristocrat... more
Century Casinos inks BetMGM pact
Century Casinos announced today that it has signed a deal with BetMGM to be its online and retail sports betting provider in Missouri.... more
IGA and industry CEO explore prediction markets’ impact on tribal gaming
Can prediction markets coexist with tribal gaming? The question was tackled by the Indian Gaming Association (IGA) in its latest webinar.... more
Nevada Gaming Control Board Chair Hendrick to oversee last meeting in June
The Nevada Gaming Commission heaped praise on outgoing Gaming Control Board Chair Kirk Hendrick, who will oversee his last meeting June 11... more
Attorney dismisses speculation Tilman Fertitta will get involved in Wynn Resorts operations
The legal counsel for Fertitta Entertainment dismissed any notion that billionaire Tilman Fertitta will play an active role in the... more
70% surveyed favor casino cannabis lounges
According to a nationwide poll conducted by the Cannabis Policy Institute at the University of Nevada Las Vegas, roughly 70% of people... more
Fontainebleau Las Vegas president faces scrutiny over Wynn leadership days
The Nevada Gaming Commission put a two-year timeline on the licensing of Fontainebleau Las Vegas President Maurice Wooden, already under... more
Las Vegas Strip looks to group business for strength, Deutsche Bank analyst says
Deutsche Bank analyst Carlo Santarelli met with several Las Vegas-based casino operators in mid-May and came away optimistic. He did warn,... more
Colorado casino revenue up 0.8% year-over-year in April
Colorado’s three casino regions experienced a slight increase in combined adjusted gross profit for April, yielding $91.4 million, up... more
Nevada regulators weigh in on ‘reputational bruising’ in approving $5.5M fine against Wynn Resorts
Wynn Resorts took responsibility for violations that led to its forfeiting of $130 million to the federal government, as the Nevada Gaming... more
Tropicana Atlantic City to debut Solana Tower hotel, scheduled to open in January
The Tropicana Atlantic City on Thursday announced the debut of Solana Tower, featuring reimagined rooms and suites in the resort’s... more
CDC Gaming Roundtable: Women still seek equal opportunities in gaming industry
Ashley Skeen Unga grew up in the gaming industry. Her father was an executive at resorts on the Las Vegas Strip, and her first job was as a... more
Players increasingly accept smokefree gaming floors, revenue analysis shows
Post-COVID gaming revenue at multiple sites indicates that players are more open to smokefree casino floors, two casino finance analysts... more
Penn Entertainment partners with Shake Shack at 10 casino locations
Get ready for some burgers and shakes at various Penn Entertainment locations. The company on Wednesday announced a licensing partnership... more
Louisiana casino revenue up 10.5% year-over-year in April
Louisiana casinos generated $174.2 million in revenue in April, up 10.5% from the $157.6 million collected in the same month in 2024.. Of... more
Light & Wonder outlines growth trajectory
Wall Street stock analysts met with Light & Wonder executives on May 20 as part of the company’s long-awaited Investor Day. “As is... more
Las Vegas gaming executive touts need for cannabis partnerships at casinos
Seth Schorr, the CEO of Fifth Street Gaming, said Las Vegas tourism would benefit if laws and regulations allowed casinos to host cannabis... more
Sega Sammy nears agreement to merge with GAN
GAN this week announced that Sega Sammy Holdings, through its affiliated entity Sega Sammy Creation, is nearing completion of procurement... more
IGT wins Italian lottery contract
International Game Technology’s linchpin, its contract for the Italian lottery, has been renewed. The company disclosed the news May 19.... more
Pennsylvania: April gaming revenue up from boost from igaming
The Pennsylvania Gaming Control Board on Monday posted that revenue generated from gaming and fantasy contests was $558 million during... more
SBC Summit Americas: Trustly’s cashless push is rewriting the gaming experience
Trustly is making a bold play for the gaming industry’s future. It involves no cash, no friction, and no waiting around. “We’re not... more
Wynn Resorts drops New York City casino bid
Following in the footsteps of the Las Vegas Sands Corp., Wynn Resorts announced Monday it’s withdrawing its bid for a casino license in... more
Casino ethics attorney-author: Pursuing criminal cases could halt Las Vegas money laundering
A gaming lawyer and former UNLV professor who authored a book on casino ethics said it may be time for federal law enforcement and state... more
Virginia casino revenue up 31% year-over-year in April
Virginia’s three casinos, Hard Rock Bristol, Rivers Casino Portsmouth, and Caesars Virginia, have reported combined adjusted gaming... more
Wynn Resorts third Las Vegas Strip operator to face multi-million-dollar fine in the past two months
The Nevada Gaming Control Board announced late Thursday that it has reached a settlement with Wynn Resorts over unregistered international... more
U.S. commercial gaming reached another revenue record in 2024
U.S. commercial gaming hit a new high for the fourth year in a row, generating $72 billion in revenue, a 7.5% increase from 2023. It was... more
Capital World Investors increases stake in Wynn Resorts as share price soars
As Wynn Resorts stock continues its dramatic stock-price rise from recent lows, Los Angeles-based Capital World Investors filed an SEC... more
Full House names new marketing boss
During its first-quarter-earnings call on May 8, Full House Resorts teased the appointment of a new chief marketing officer. His identity... more
Missouri casino revenue rises 9% year-over-year
Missouri casinos collected $169.1 million in adjusted gross revenue in April, up 9 percent compared to April 2024’s 155.8 million.... more
IGT lowers earnings guidance
Citing macroeconomic uncertainty and a flat lottery market, International Game Technology (IGT) reduced its full-year earnings guidance to... more
Bally’s reports a solid Q1 after an eventful start to 2025
All significant metrics for Bally’s Entertainment’s first quarter were up, except one. That one was sufficient to swing the quarter... more
MGM Resorts names Ryan Abboushi President of Entertainment
MGM Resorts International on Monday announced that veteran talent agent Ryan Abboushi is joining the company as President of Entertainment.... more
Century Casino CEOs “feel good” about first quarter
Questions were few and answers short in a brief (32-minute) first-quarter-earnings call with Century Casinos. Unlike a tense fourth-quarter... more
Wall Street Bets: Golden Entertainment, DraftKings, Jefferies’ digital matrix, Inspired Entertainment, Penn
Golden Entertainment’s outlook David Bain of Texas Capital May 8 reviewed Golden Entertainment’s earnings call and results.... more
Weather and sports hampered Century Casinos’s first quarter
In the first quarter of 2025, Century Casinos lost $20.6 million, a 52 percent widening of the prior-year loss. In its announcement,... more
Las Vegas casino operators talk up their properties at Gaming Control Board
Three Las Vegas casino executives are touting the performance of the Fontainebleau Las Vegas, Virgin Hotels Las Vegas, and the Venetian.... more
Analysts guardedly upbeat on Wynn, Golden as Q1 earnings season wraps
Earnings season wrapped up last week for Las Vegas operators and despite declines in first-quarter gaming revenue and visitation, casino... more
Second quarter off to good start for Golden Entertainment
Golden Entertainment’s first-quarter results suffered from the comparison to the 2024 Super Bowl in Las Vegas, but the casino operator is... more
Full House upbeat on Chamonix, American Place
So expansive were the responses given by Full House Resorts CEO Dan Lee and CFO Lewis Fanger that relatively few questions were taken from... more
Resorts World Las Vegas’s CEO Alex Dixon moved into new role
Resorts World Las Vegas announced Thursday that newly installed CEO Alex Dixon will be moving into a new role as senior advisor to the... more
MGM reaches employment agreement with CEO Bill Hornbuckle through 2028
MGM Resorts International announced Thursday that it has reached a new employment agreement with CEO and President Bill Hornbuckle through... more
Seneca Gaming names Kimberlee Dunlop Chief Operating Officer
Seneca Gaming Corporation in Niagara Falls, New York, on Thursday announced that Kimberlee Dunlop has been named Chief Operating Officer.... more
Penn Entertainment earnings call yields no new information on ESPN relationship
During a wide-ranging earnings call Thursday morning for the first quarter, Penn Entertainment executives were asked myriad questions about... more
Illinois casino revenue up 18.7% year-over-year in April
Illinois’ 17 casinos reported $162.6 million in adjusted gross receipts last month, a year-over-year increase of 18.7% compared to the... more
Penn Entertainment posts revenue of $1.4 billion for first quarter
Penn Entertainment Thursday morning reported revenue of $1.4 billion for the first quarter of 2025. Net income for the quarter was $111.5... more
Tariffs dominate Light & Wonder Q1 earnings call
A May 7 first-quarter earnings call for Light & Wonder was dominated by issues that fell outside of that time frame — namely,... more
Tariff fears grip Indian Country: IGA webinar
While commercial casinos are temporarily halting construction projects due to tariffs imposed by the Trump administration, Indian Country... more
Resorts World Las Vegas CFO: Property “in recovery mode”
Resorts World Las Vegas COO and CFO Carlos Castro said compliance is the property’s top priority, while telling Nevada gaming regulators... more
Tilman Fertitta ex-wife recommended for Nevada licensing
The Nevada Gaming Control Board recommended that the Gaming Commission license Paige Fertitta as the new director and president of Fertitta... more
Analyst takes long view of Full House Resorts
Initiating coverage of Full House Resorts with a Buy rating, Texas Capital Securities analyst David Bain stressed the company’s long-term... more
Tariffs placing some Wynn Resorts capital spending on hold
Wynn Resorts said Tuesday tariffs will necessitate deferring some $375 million of capital improvement spending, including in Las Vegas. In... more
Quick Custom Intelligence, Sky City Casino & Hotel enter strategic alliance
Quick Custom Intelligence and Sky City Casino & Hotel on Tuesday announced a strategic alliance in the New Mexico market. By leveraging... more
Golden Week in Macau “better than expected,” Jeffries analyst says
Tourism numbers and gross gaming revenue out of Macau during the Golden Week holiday are proving “better than expected and modestly... more
Ohio casino revenue down 0.3% year-over-year in March
Ohio’s casinos generated revenue of $94.4 million in March, down from $94.7 million reported in the previous year, a year-over-year... more
Accel Entertainment celebrates record first quarter earnings
The racecard at Accel Entertainment’s Fairmount Park in Collinsville, Illinois, was canceled last Saturday due to inclement weather. But... more
Rain dampens Derby dollars, Truist analyst says
Last weekend’s running of the Kentucky Derby saw record amounts of money wagered, both with Churchill Downs and its online TwinSpires... more
New Mexico: Light & Wonder reaches multimillion-dollar deal with Buffalo Thunder, Cities of Gold casinos
Light & Wonder on Monday announced a multi-year, multimillion-dollar agreement with Buffalo Thunder and Cities of Gold Casinos in Santa... more
Wall Street Bets: Red Rock Resorts, Genius Sports, Caesars, Churchill Downs, VICI
Red Rock Resorts outlook Truist Securities’ Barry Jonas May 1 examined Red Rock Resorts’ first-quarter report, noting the company... more
Analysts bullish on Las Vegas companies after first-quarter earnings
Analysts remain bullish on Las Vegas-based casino operators after the latest releases of first quarter earnings. This is despite investor... more
Aruze continues to build on its success
A year ago, the Indian Gaming Tradeshow & Convention served as a pivotal point for the newly formed Aruze Gaming Global. Now known as... more
Red Rock touts performance of Las Vegas locals casino market
Red Rock Resorts touted its performance in Las Vegas amid investor worries of a slowdown in the U.S. economy after GDP numbers for the... more
Vici bullish on Vegas, Station, California
Precious little of the discussion during Vici Properties’ first-quarter-earnings call was devoted to first-quarter events. The... more
MGM talks up Marriott partnership success on Q1 earnings call, announces $2B share buyback
MGM Resorts International’s first quarter 2025 revenue dipped slightly – down 2% year-over-year to $4.3 billion – a decrease that... more
American Gaming Association hosts roundtable on responsible gaming
The American Gaming Association this week hosted its first Responsible Gaming Leadership Roundtable in Boston, bringing together top... more
Flutter completes acquisition of Italian omnichannel operator Snaitech
Flutter Entertainment on Wednesday completed the acquisition of Snaitech S.p.A., one of Italy’s leading omnichannel operators from a... more
U.S. slot demand still potent, Jefferies analyst says
Although stock analysts expected a weakening in U.S. consumer discretionary spending, Jefferies Equity Research analyst Kai Erman said that... more
Caesars rebranding Harveys Lake Tahoe
“Caesars Republic Lake Tahoe Hotel & Casino” will be the new name of venerable Harveys Lake Tahoe. Caesars Entertainment announced... more
Caesars Entertainment: No softening of consumer spending yet
Caesars Entertainment executives haven’t seen signs of softening consumer behavior in Las Vegas or nationwide. Caesars’ first-quarter... more
Strip gaming revenue declines nearly 5% in March
The Las Vegas Strip continued its downward trend to end the first quarter with gaming revenue down 4.8% in March amid a nearly 8% decline... more
Kindbridge Research Institute launches financial stability gambling initiative
The Kindbridge Research Institute on Tuesday launched the Financial Stability and Responsible Gambling Initiative, calling it the first... more
Novomatic to acquire Ainsworth
One dollar per share was all it took for Novomatic AG Group to acquire Ainsworth Game Technology. The two companies announced a “scheme... more
South Dakota casinos show year-over-year revenue boost of 5.4% in March
Figures published by the South Dakota Commission on Gaming showed that handle across slot gaming, table games, and sports betting was a... more
Wall Street Bets: GLPI, Double Down Interactive, Churchill Downs, Macau, Boyd
GLPI’s results favorable Jefferies’ David Katz on April 27 looked at GLPI’s status. “The company continues to demonstrate... more
Nevada regulators revoke license of trainer whose horse tested positive for cocaine
The Nevada Gaming Commission Thursday fined a Utah trainer $5,000 and revoked his license over his horse testing positive for cocaine after... more
Bally’s Chicago delay doesn’t dampen GLPI CEO’s spirits
“It’s always fun to introduce a good quarter,” said Gaming & Leisure Properties Inc. CEO Peter Carlino at the beginning of the... more
Boyd Gaming says its customers’ play not affected by economy
Quieting suggestions of any downturn in the economy being felt in Las Vegas’ neighborhood casinos and across the country, Boyd Gaming... more
MGM apologizes as it accepts $8.5 million fine in Nevada
MGM Resorts International apologized for accepting nearly $5 million in wagers from illegal bookmakers and accepted a fine of $8.5 million... more
Gaming Commission approves Station Casinos’ first sportsbook on the Las Vegas Strip
The Nevada Gaming Commission Thursday approved Station Casinos to operate the sportsbooks at Treasure Island on the Strip and at two... more
Churchill Downs sees record first-quarter revenue as some capital improvement projects delayed
During Churchill Downs’ first-quarter results conference call Tuesday, CEO Bill Carstanjen expressed a need for honesty. “What I’m... more
Penn announces major project in Iowa, draws praise
Facing new competition from neighboring Nebraska, Penn Entertainment has announced it will move its Council Bluffs casino operations... more
Bally’s redraws IPO for Chicago casino, making concessions
A controversial minority set-aside for Bally’s Chicago has been redrafted into an initial public offering (IPO), announced April 23.... more
Las Vegas Sands drops bid for New York casino license
After dropping hints the last two quarters about its bid for a casino license in New York, Las Vegas Sands announced Wednesday it’s... more
Las Vegas Sands CEO hopes for quick resolution of U.S.-China trade dispute
Las Vegas Sands CEO Rob Goldstein addressed the political uncertainty between China and the U.S. over reciprocal tariffs, saying his... more
Gambling-stock price targets lowered, Truist analyst say
“It’s the economy, stupid!” was the headline on an April 23 investor note by Truist Securities analyst Barry Jonas. Noting that... more
Mississippi casino revenue down 3.7% year-over-year in March
Mississippi’s commercial casinos generated $226.2 million in March, down 3.7% from $235.1 million last year. Slot machines generated $189... more
Wall Street weighs in on Monarch’s lack of debt
Following Monarch Casino Resorts’s first-quarter earnings release, two Wall Street analysts offered guardedly favorable takes on the... more
Casino industry Q1 earnings reports kick off this week amid talk of ‘deterioration’ in Las Vegas
Earnings season for the gaming industry kicks off Wednesday when Las Vegas Sands reports its first-quarter results, with one analyst... more
Las Vegas reports lower air travel in March
The Las Vegas airport Tuesday reported a decline in travel in March and a downward trend for the year, reversing the growth that followed... more
Analyst reports “transitory weakness” in gaming
While analysts have feared a gaming-wide slowdown, Jefferies Equity Research analyst Kai Erman reported, indications through March and into... more
Mike Dreitzer selected as next Nevada Gaming Control Board chair
Nevada Gov. Joe Lombardo has tapped Mike Dreitzer to serve as the next chairperson of the Gaming Control Board, following the end of the... more
Pennsylvania: State posts record revenue of $574.5 million in March
The Pennsylvania Gaming Control Board Monday reported that March revenue from all forms of gaming was $574.5 million, a record in the... more
Wall Street Bets: Elaine Wynn’s passing, MGM Resorts’ Bill Hornbuckle, OSB tax hikes
Changes at Wynn Resorts Jeffries’ David Katz noted the recent passing of Elaine Wynn in an April 20 note. “With the passing of Elaine... more
Nevada regulators propose $8.5M fine against MGM Resorts over anti-money-laundering cases
The Nevada Gaming Control Board Friday announced a proposed stipulation for settlement, in which MGM Resorts International will be fined... more
Conference attendees upbeat on gaming’s prospects
While tariffs remain an X factor in the gaming universe, industry CEOs were generally sanguine about the American economy during the East... more
Analyst gloomy about casino price targets based on economic apprehension
Taking a pessimistic view of the market, Jefferies Equity Research analyst David Katz lowered his cash-flow and revenue projections for the... more
IGA: Trade show organizers label San Diego conference a success
Organizers of the Indian Gaming Tradeshow & Convention credited San Diego for boosting attendance at this year’s show. Now they look... more
IGA: Interblock remains committed to developing cutting-edge table games
As tribal gaming continues to evolve, Interblock said it remains committed to delivering cutting-edge games that enhance casino efficiency,... more
Elaine Wynn, whose influence and vision helped shape the very essence of Las Vegas dies at 82
“Elaine Wynn was more than a businesswoman and philanthropist; she was a force of nature — a curator of dreams in a city built on... more
Las Vegas Sands faces a “challenging” path, Deutsche Bank analyst says
“We see little reason for heroic forecasts at current valuation levels,” Deutsche Bank analyst Carlo Santarelli wrote of Las Vegas... more
Visualize Group acquires BMM Testlabs
Private investment firm The Visualize Group Tuesday announced an agreement to acquire BMM Testlabs, a provider of testing, inspection,... more
UNLV study finds ties between sports betting and binge drinking
Walk into any casino’s sports book, especially on a big event day, and two things are true. There will be people betting and many of the... more
Wall Street Bets: Online gaming models, slots forecast, New York sports betting
Jeffries looks at online gaming models In an April 13 release, Jeffries’ David Katz wrote that his firm remains mostly bullish about... more
Despite concerns over recession and international travel, analyst sees potential in gaming stocks
Gaming stocks have taken a hit in the market selloff and over the past year, but to John DeCree, director of equity research at CBRE, some... more
IGA: IGT unveils new cabinet, version of Stinkin’ Rich franchise
At the recent Indian Gaming Tradeshow & Convention, International Gaming Technologies made a huge splash when Indian Gaming Association... more
IGA: Casino loyalty 2.0, emerging trends and winning strategies
At the Indian Gaming Tradeshow & Convention in San Diego, panelists gathered to share real-time strategies, upcoming innovations, and... more
Tariffs ‘present challenges’ to slot makers, Truist analyst says
Slot play has yet to slow down, according to ReelMetrics CEO Nick Hogan, and the industry still has growth opportunities. But talk of... more
IGA: Tribes need to pursue omnichannel to fight off competition
In the era of the omnichannel customer, shifting behaviors are reshaping gaming. The next generation of gamblers isn’t waiting. They’ve... more
Missouri casino revenue up 1.5% year-over-year in March
Missouri riverboat casinos collected $177.9 million in adjusted gross revenues in March 2025, an almost 1.5% rise from the $175.3 million... more
IGA: Unlocking the power of super apps to unify customer experience
If your casino still has separate apps for gaming, hotel bookings, loyalty, and dining, you’re already behind. At the Indian Gaming... more
Betting was up in men’s NCAA Tournament and during women’s basketball season
LAS VEGAS (AP) — In a men’s NCAA Tournament in which upsets were unusual and a women’s field sans Caitlin Clark, betting nevertheless... more
Analyst expects more from Wynn in Las Vegas, less in Macau
Despite current economic adversity, Deutsche Bank analyst Carlo Santarelli placed a Buy rating on Wynn Resorts stock. He lopped his price... more
IGA: Companies can’t take short cuts when dealing with cybersecurity
According to the panelists on the session, “Gaming and Cyber Risk Best Practices – Mitigate Risk and Sleep Better at Night,” it’s... more
Illinois casinos up 12.2% year-over-year in March
Total adjusted gross receipts for Illinois commercial casinos reached more than $170.9 million in March, rising from $152.2 million... more
Las Vegas tourism hit record levels of spending in 2024
Southern Nevada’s tourism industry again reached record levels in visitor spending in 2024, while they spent less on gambling, according... more
Fertitta ups stake in Wynn Resorts as market drops
Billionaire casino owner Tilman Fertitta has taken advantage of a steep drop in the stock market by acquiring more shares of Wynn Resorts... more
IGA honors the Matriarchs of Indian Gaming
At one point during the celebration for the “Matriarchs of Indian Gaming – Honoring Our Women Warriors,” Indian Gaming Association... more
Wall Street Bets: Light & Wonder vs. Aristocrat, New York OSB, Sportradar Investors Day
Light & Wonder reassures investors Truist Securities’ Barry Jonas focused on the Light & Wonder/Aristocrat news of last week.... more
Macau market poses “unanswerable questions,” Jefferies analyst says
Citing “uncertainty overlaying the market over the past week from erupting trade wars,” analyst Anne Ling raised the prospect of... more
Aristocrat underperformance “overdone,” Jefferies analyst says
Jefferies Equity Research analyst Kai Erman cautioned that Aristocrat Leisure’s “share-price underperformance, driven by a bearish... more
IGA Chairman Ernie Stevens calm amid threats faced by tribal gaming
While Indian gaming faces challenges from the Trump Administration, sweepstakes operators, and prediction markets, Ernie Stevens Jr.... more
IGA: Humans on Mars before OSB in California? Panel debates emerging tech for tribes
At one point during Wednesday’s panel session “The Next-Gen Player: How Emerging Tech is Reshaping Loyalty & Engagement,”... more
Light & Wonder withdraws Jewel of the Dragon amid ongoing litigation
Executives of Light & Wonder announced late on April 2 that they were unilaterally pulling all of their Jewel of the Dragon slot... more
Indian Gaming Association re-elects Ernie Stevens, Jr., to 13th two-year term
Ernie Stevens, Jr., has been re-elected by acclamation to serve his 13th two-year term as chairman of the Indian Gaming Association.... more
CNIGA chairman warns about Trump administration, sweepstakes, prediction markets
The chairman of the California Nations Indian Gaming Association issued a clarion call to U.S. tribal leaders Tuesday about the threats... more
New York’s casino sweepstakes could put $115M in Donald Trump’s pocket
ALBANY, N.Y. (AP) — A high-stakes contest to decide who gets to build a casino in New York City could potentially result in a $115... more
Ohio casino revenue down 1.9% year-over-year in February
Ohio casinos generated $81.8 million in revenue for February, down from $83.5 million, a year-over-year decline of 1.9%. The Ohio Control... more
Analyst: Consumer sentiment lower on tariff, employment uncertainty
“Job uncertainty taking a toll,” reported Jefferies Equity Research analyst David Katz in an April 1 investor note. He wrote that... more
Nevada and Las Vegas Strip revenue down again in February
The lack of a Super Bowl cut deeply into Las Vegas and Nevada’s visitation, falling nearly 12% in February year over year. That led to a... more
Gaming analysts aren’t fretting over Las Vegas’s February gaming numbers
Gaming analysts aren’t worried about Las Vegas’s big dip in gaming revenue and visitation in February. One analyst said the March... more
Aristocrat insulated from tariffs, Jefferies analyst says
Dismissing trade-war fears as “overdone,” one stock analyst opined that Aristocrat Leisure is protected from tariffs should they... more
SBC Summit Americas brings EDM superstar Steve Aoki to INFINITY Florida
Global EDM icon and Grammy-nominated DJ Steve Aoki is set to headline the INFINITY Florida closing party, kicking off its debut at SBC... more
Caesars and BetMGM executives discuss changing sports wagering landscape with Nevada regulators
The Nevada Gaming Commission has approved licensing for several executives of gaming companies, including executives with Caesars Digital... more
UNLV, Evenplay use rewards system to help improve golfers’ performance
A golfer stands over a 10-foot putt on the 18th green. If he knocks it in, he’ll win a tournament. But he’s just a bit nervous, his... more
CDC Gaming Roundtable: Consolidation, sweepstakes, are among gaming industry issues in 2025
As 2025 unfurls, the gaming industry appears to be healthy. The American Gaming Association reported record revenue of $71.92 billion in... more
Analysts impressed by Kentucky Derby preview
Following tours of Churchill Downs properties on March 27, Jefferies Equity Research analysts posted an upbeat report on the company the... more
Delaware North announces expanded player rewards program
Delaware North this week launched an expanded and enhanced player rewards program for its U.S. casinos and other gaming properties. Lucky... more
Resorts World Las Vegas calls itself ‘a different company’ after accepting a $10.5 million fine
Saying it’s now “Resorts World 2.0,” the Las Vegas Strip gaming operator Thursday agreed to pay a $10.5 million fine over allegations... more
Stockman’s Casino in northern Nevada gets new operator
Stockman’s Casino in Fallon will have a new operator after the Nevada Gaming Commission Thursday approved Clarity Game to take it over... more
Responsible gaming webinar highlights progress made by operators, regulators, clinicians in addressing behavior
Ontario Lottery and Gaming Corporation Vice President—Community, Sustainability & Social Responsibility Catherine Meade remembers... more
Travel to Las Vegas on major Canadian and Mexico airlines down in February
Travel at the Las Vegas airport fell 7.5% in February. Domestic passenger counts declined, while arrivals from major Mexican and Canadian... more
Nevada Resort Association touts $100B impact from tourism as it lobbies state lawmakers
The Nevada Resort Association issued its bi-annual report Wednesday that showed the state’s tourism industry in 2024 generated nearly... more
CasinoTrac and InfiGifts announce strategic partnership
CasinoTrac on Wednesday announced a strategic partnership with InfiGifts, which will deliver integrated gifting solutions to more than 300... more
Colorado casino revenue down 1.9% year-over-year in February
Total assorted gross profit reached $84.2 million in Colorado in February, down 1.9% year-over-year from $85.8 million. The Colorado... more
Analyst predicts March recovery of consumer demand
Following a difficult February, Macquarie Securities analyst Chad Beynon reported, “It appears that consumer behaviors in March returned... more
USA Today’s Top Workplaces award recognizes 11 gaming industry companies
The gaming industry placed 11 companies on a recent survey, co-sponsored by USA Today and Energage, for the fifth annual Top Workplaces USA... more
MGM Resorts’ loyalty program introduces new benefits
MGM Rewards, the loyalty program for MGM Resorts, on Tuesday introduced new benefits for members, including the debut of Milestone Rewards,... more
OpenBet management buyout closes as business looks to Brazil
An insider purchase of lottery provider OpenBet from Endeavor Group Holdings closed on March 24, according to an announcement from the... more
Wall Street Bets: Gambling.com, Sportradar, Bally’s, MGM Resorts
Analysts favor Gambling.com “Gambling.com results continue to deviate positively from peers, which should translate into stock... more
Gaming lawyer, author: Pressure on casino executives leads to money laundering and large fines
A gaming lawyer and former UNLV professor said pressure on executives to produce revenue has prompted casinos all over the world to turn a... more
Poker champ Maria Konnikova describes humble beginnings and cheating problem
Maria Konnikova isn’t afraid to call out the cheating that goes on in poker, and casinos’ unwillingness to deal with the problem.... more
Louisiana: Gaming revenue sees slight increase in February
The Louisiana Gaming Control Board this week reported revenue of $198.2 million from all forms of gaming in February, a year-over-year... more
Massachusetts casino revenue down 7.1% year-over-year in February
Gaming revenue in Massachusetts reached $93.4 million last month, down 7.1% compared to February 2024, which reported $100.6 million, the... more
Resorts World Las Vegas fined $10.5 million for catering to illegal bookmakers
Seven months after filing a disciplinary complaint against Resorts World Las Vegas and its agents and affiliated companies, alleging it... more
Mississippi casino revenue down 8.3% year-over-year in February
Mississippi’s casinos reported $189.5 million in gross gaming revenue last month, down 8.3% compared to the previous year’s $206.6... more
Bank of America analysts talk future of prediction markets
Bank of America analyst Shaun Kelley has offered his prediction of the prediction markets entering into the sports betting space that... more
Caesars Entertainment adds two Icahn Enterprises staffers to board
Caesars Entertainment has added two independent directors to its board – Icahn Enterprises General Counsel Jesse Lynn and Chief... more
New CEO Craig Toner uniting ‘One Aristocrat’
Having joined Aristocrat Gaming in 2017 as Asia–Pacific finance director in Sydney, Craig Toner ascended to Chief Executive Officer in... more
Analysts: Macau pivoting toward high-end business
Casinos in Macau are reorienting toward premium-mass customers. So reported various Jefferies Equity Research analysts after a fact-finding... more
Wall Street Bets: New York sports betting, Las Vegas Strip room rates, New Jersey gaming revenue
Sports betting in New York J. P. Morgan’s Joseph Greff March 14 looked at sports betting in New York. “Following the most recent weekly... more
No sign of slowdown of Las Vegas Strip room demand: analyst
A Wall Street analyst said there’s no sign of a slowdown when it comes to demand for Las Vegas Strip rooms this spring, which is a good... more
Kalshi given time to address Nevada cease-and-desist on offering sports, elections contracts
Just ahead of its deadline, the Nevada Gaming Control Board late Friday gave Kalshi, an American financial exchange and prediction market... more
Top casino scams of the year unveiled at World Game Protection Conference
Attendees at the World Game Protection Conference in Las Vegas ranked the baccarat cut card as the No. 1 Scam of the Year casinos faced in... more
MGM Resorts CEO cites digital as top focus in 2025
MGM Resorts International CEO Bill Hornbuckle told investors Thursday that the company’s biggest focus in 2025 is on its digital presence... more
Illinois: Delaware North, Eureka Entertainment join forces on slot routes
Casino operator Delaware North has announced that it will meld its slot routes in Illinois with those of Eureka Entertainment’s Universal... more
Shareholders challenge Century Casinos on earnings call
The decorum customary to a quarterly earnings call was disrupted Thursday morning by a pair of Century Casinos shareholders. The duo... more
MGM Resorts adds Dame Donna Langley to board
MGM Resorts International this week appointed NBCUniversal Entertainment & Studios Chairman Dame Donna Langley as the 13th member of... more
World Game Protection Conference: Digitalization can deal with advantage play on slot machines
Acres Manufacturing co-owner Noah Acres told gaming executives Wednesday that they’re blowing $37 billion a year in free play to woo... more
Cromwell on Las Vegas Strip transitions to Vanderpump Hotel
The Cromwell boutique hotel on the corner of Las Vegas Boulevard and Flamingo Road will undergo a complete renovation and transition into a... more
Survey says Las Vegas visitors wealthier, spend more on amenities, bring kids
Parents bringing their children to Las Vegas dipped slightly in 2024, but that trend remains well ahead of pre-pandemic levels, and... more
Missouri casino revenue down 5% year-over-year in February
Casino revenue was down 5% year-over-year for Missouri’s 13 licensed riverboat casinos in February, generating $149.3 million in adjusted... more
Illinois casino revenue up 2.6% year-over-year in February
Assorted gross receipts for Illinois casinos reached $141.3 million in February, up 2.6% from the previous year’s $137.6 million. The... more
Wall Street Bets: Bally’s, AGS, Everi, Las Vegas Strip
Wall Street Bets is a roundup of recent notes from analysts covering the gambling industry. Reaction to Bally’s results In a... more
Bally’s cancellation of Q4 earnings call prompts analyst caution
Although Bally’s Corp. opted out of its fourth-quarter earnings call on 15 minutes’ notice, this didn’t deter Wall Street... more
Gaming industry polarization over igaming deepens
The author of a study that spoke of job losses, economic hits, and potential social ills from online gaming has defended his 78-page... more
Choctaw enables cryptocurrency for casino gaming
Choctaw Casinos & Resorts customers can now fund their gaming with cryptocurrency, thanks to a new partnership with Bitline, a provider... more
Goldstein to step down as Las Vegas Sands CEO and chairman; President and COO Patrick Dumont to take reins
Robert Goldstein, Las Vegas Sands’s chairman, chief operating officer and long-time senior executive, will transition to the role of... more
Full House sacks Chamonix management team
Chamonix, Full House Resorts’s flagship property in Colorado, has seen its upper management let go, the company disclosed during its... more
Study states there’s a link between sports gambling, alcohol-related issues
A new longitudinal study recently published in JAMA Psychiatry finds that sports gambling frequency and alcohol-related problems are... more
Aruze Gaming Global taps Masumi Fujisawa as Chief Innovation Officer
Aruze Gaming Global has tapped Masumi Fujisawa as the company’s Chief Innovation Officer. Fujisawa has more than 15 years of experience... more
Bally’s scraps earnings call following stock plunge
Shares of Bally’s Corp. traded sharply downward on the New York Stock Exchange on Wednesday, March 5, losing 23.5 percent of their value.... more
New York: Seneca Gaming appoints Cynthia Liu as Chief Marketing Officer
Seneca Gaming has named Cynthia Liu its new Chief Marketing Officer. Liu will lead strategic marketing initiatives for the corporation and... more
Cybersecurity summit discusses challenges tribes face from hacks
More than 250 people gathered at the first-ever in-person TribalHub Cybersecurity Summit that had been held virtually for the previous four... more
Ohio’s casino revenue up 3.5% year-on-year in January
Ohio casinos yielded $77.8 million in January revenue, up 3.5% compared to the previous year’s $75.2 million. The Ohio Casino Control... more
Wall Street Bets: Vegas Strip room rates, Golden Entertainment, Penn Entertainment, Nevada/Las Vegas first quarter
Las Vegas Strip room rates slightly increase J.P. Morgan analyst Joseph Greff focused on the Las Vegas Strip in a February 28 note. “Las... more
Former Mandalay Bay security chief allowed to work in gaming following reversal of suspension
Sandy Seda, the former security chief at Mandalay Bay Resort & Casino who had his gaming registration suspended by the Nevada Gaming... more
Accel Entertainment reports record revenue in 2024, will continue to “prune” underperforming locations
Accel Entertainment closed 16 underperforming locations during the fourth quarter of 2024 and 54 for the year, helping “right-size” the... more
Rhode Island casino revenue up 5.8% year-on-year in January
Casino revenue for Rhode Island’s two land-based casinos, Bally’s Twin River Casino and Bally’s Tiverton Casino, totaled $54 million... more
Strat owner Golden Entertainment looking at M&A opportunities that “move the needle”
Golden Entertainment executives, while expecting conditions to improve in 2025, said they remain focused on investing in their assets like... more
Affinity CEO overseeing Primm resorts said second southern Nevada airport will benefit them
The CEO of the two casinos that operate in Primm on the Nevada-California border is excited about the prospect of a new airport being built... more
BetMGM approved to run MGM Resort International’s Las Vegas sportsbooks
The Nevada Gaming Commission Thursday signed off on BetMGM, MGM Resort International’s joint venture with European-based Entain, to run... more
Penn Entertainment CEO Jay Snowden says company will analyze ESPN deal
During Penn Entertainment’s investors call Thursday, CEO Jay Snowden was asked about the company’s relationship with ESPN and ESPN... more
Baccarat win boosts Las Vegas Strip to its third highest gaming revenue month of all time
Nevada gaming got off to a roaring start in 2025, with casinos winning $1.43 billion in January, a 12.5% increase and second highest of all... more
Colorado casino profit down 5.1% year-over-year in January
Colorado’s three land-based casinos generated more than $80.8 million in assorted gross profit in January, down 5.1% compared to the... more
Analysts stand pat on Light & Wonder
Wall Street stock analysts weren’t displeased with Light & Wonder’s fourth-quarter numbers. Neither did they alter ratings or... more
CDC Gaming Roundtable: Are responsible gaming initiatives working? Experts weigh in.
Responsible gaming initiatives have become more than just lip service. From the American Gaming Association’s Have a Game Plan. Bet... more
Caesars touts impact of New Orleans and Virginia properties and group business in Las Vegas
Caesars Entertainment talked up its regional operations in its investor call on Tuesday, citing the opening of the Caesars New Orleans... more
Light & Wonder ditches live-dealer games
Anyone who thought that Light & Wonder executives talked themselves out in an impromptu February 18 analyst call thought wrong. CEO... more
Wynn Resorts responds to Tilman Fertitta’s 10%-plus ownership stake
Wynn Resorts issued a statement Tuesday following an SEC filing that billionaire and casino owner Tilman Fertitta has exceeded or will... more
IGT investors call yields info about impending sale to Apollo, Mega Millions increase
The pending sale of International Gaming Technology’s digital and gaming business and Everi Holdings to funds managed by Apollo Global... more
MGM Resorts CEO Hornbuckle selected as national chair of U.S. Travel Association
The U.S. Travel Association on Tuesday announced that MGM Resorts International CEO and President Bill Hornbuckle has been selected... more
Wynn Resorts files with SEC on Tilman Fertitta exceeding 10% ownership stake
Wynn Resorts filed Securities and Exchange Commission Form 3 describing an initial filing of ownership exceeding 10% by billionaire Tilman... more
Kansas: Prairie Band Casino & Resort to host Class 2 conference
The Prairie Band Casino & Resort in Mayetta, Kansas, will host the second annual Class 2 Gathering Conference June 2-4. This year’s... more
Louisiana gaming revenue rises 10.5% year-over-year in January
The Louisiana Gaming Control Board on Monday reported revenue of $180.2 million from all forms of gaming in January, a year-over-year... more
Wall Street Bets: GLPI, street traffic, Churchill Downs, Wynn Resorts
Gaming and Leisure Property outlook Analyst Barry Jonas of Truist Securities February 23 posted a statement about Gaming and Leisure... more
New Resorts World Las Vegas CEO: Greater focus on South Asia visitors, pop culture
The new CEO of Resorts World Las Vegas touted the future of the north end of the Strip and suggested ways the city can be more successful.... more
Indian Gaming Association set to release tradeshow and convention schedule
Organizers of the Indian Gaming Tradeshow & Convention gave a sneak peak of the spring show in San Diego ahead of the full release of... more
Advocates optimistic about growth of smokefree gaming in 2025
With a constitutional challenge in New Jersey, potential legislative action in several states, and individual decisions by operators across... more
Inside the winning world of casino advantage players
Michael Kaplan, a keynote speaker at the World Game Protection Conference in Las Vegas March 11-13, said advances in artificial... more
Capital projects, success of historical racing machine markets dominate Churchill Downs investors call
Late Wednesday, after releasing yearly and quarterly numbers, Churchill Downs Inc. announced a series of renovations to its iconic track.... more
Pennsylvania casino revenue up 10.9% year-over-year in January
The Pennsylvania Gaming Control Board on Thursday reported revenue of $529.1 million in January, up 10.9 percent compared to January 2024.... more
ROGA partners with Kindbridge, Epic Global Solutions, Responsible Gambling Council for ‘Know Your Play’ campaign
The Responsible Online Gaming Association, in partnership with Epic Global Solutions, Kindbridge Behavioral Health, and the Responsible... more
AGA State of the Industry release yields record revenue in 2024
The American Gaming Association’s State of the Industry 2025 webinar again was mostly positive. Revenue for the U.S. commercial gaming... 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
Indian Gaming Association to debut Tribal Bond initiative at tradeshow
The Indian Gaming Association will launch TribalBond, an initiative to foster connections between tribal gaming casino executives and... 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
Wall Street Bets: DraftKings, Wynn, Las Vegas room rates
DraftKings looks solid In a February 17 statement, Truist Securities analyst Barry Jonas wrote that “DraftKings overcame hold-related... more
Virginia casino revenues up 36 percent year-over-year in January
Virginia’s three land-based casinos collected revenues of $72.3 million in January, up more than 36 percent on the $52.8 million... more
DraftKings looks forward to 2025 after a banner 2024
During a wide-ranging earnings call Friday, DraftKings CEO and co-founder Jason Robins was optimistic about the company’s prospects for... 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
MGM Resorts looks forward to 2025 despite some headwinds
During Wednesday’s earnings conference call, MGM Resorts CEO and President Bill Hornbuckle expressed optimism for 2025. “We are seeing... more
Nevada Gaming Control Board chair lays out agenda for rest of term
The Nevada Gaming Control Board Wednesday welcomed its newest member, while Chair Kirk Hendrick, who announced last month that he’ll be... more
Entain issues surface at hearing for BetMGM to take over MGM’s Nevada sportsbooks
BetMGM will take over the operations of MGM Resort International’s Las Vegas sportsbooks this summer, a company legal counsel said... more
Affinity repositioning Primm resorts on Nevada/California border
Affinity Interactive detailed its plans Wednesday to reposition its Primm resorts. The three casinos at the California border will focus... more
Monarch up across the board, but analyst reactions mixed
“Our performance in the fourth quarter and full year clearly underpins the effectiveness of Monarch’s operating strategies and our... more
Mindway AI announces provisional associate membership in European Lotteries
Mindway AI on Wednesday announced a provisional associate membership with the European Lotteries. “To join as a proud new member of... more
Durango Casino helps drive Red Rock Resorts revenue and earnings in 2024
The Durango Casino & Resort that opened in December 2023 helped boost Red Rock Resort’s fourth-quarter revenue and adjusted earnings... more
Red Rock Resorts reports fourth-quarter revenue and adjusted earnings gains, net income drop
Red Rock Resorts reported fourth-quarter increases in revenue and adjusted earnings, while net income fell, the company announced Tuesday.... more
Nevada sportsbooks win record $22.1 million from Super Bowl
Nevada’s 186 sportsbooks recorded an all-time record win for Super Bowl bets, even though handle was down from previous years. The Nevada... more
TransUnion report: Outlook for sportsbooks is good, but warning signs exist
TransUnion’s U.S. Betting Report on the fourth quarter of 2024 is a mixed bag. According to the report, online sports bettors tend to... more
Resorts World names former Nevada Gov. Brian Sandoval to board of directors
Former Nevada Gov. Brian Sandoval has been named to the board of directors of Resorts World Las Vegas. The announcement made by the Strip... more
Illinois casinos see AGR rise 21.3 percent year-over-year in January
Illinois’ 16 casinos reported adjusted gross receipts (AGR) of more than $143.9 million in January, up 21.3 percent from the $118.6... more
Bally’s completes announced deal with Standard General
Bally’s Corporation on Friday completed a previously announced transaction with Standard General and its affiliates including the Queen... more
Light & Wonder stock should appreciate substantially, J.P. Morgan analyst says
J.P. Morgan is expecting Light & Wonder’s stock to appreciate in 2025. A note from analyst Don Carducci places a price target for the... more
Tribes worry about next four years for Indian Country
Indian Country is preparing for what may come during the second administration of President Donald Trump, and panelists at an Indian Gaming... more
Aristocrat, Light & Wonder continue to dominate: analyst
Reviewing the first quarter since the Dragon Train injunction, Jefferies Equity Research analyst Kai Erman concluded that Aristocrat... more
Analyst see cause for regional optimism, outlines macro effects on gaming
Looking at end-of-the-year numbers, Truist Securities analyst Barry Jonas concluded that “regional trends were improving into year-end... more
U.S. Travel Association: Tariffs could impact Canadian travel to Las Vegas
Proposed tariffs on Canadian products could impact visitation to and spending in the United States from that country, including to Las... more
Analyst: Las Vegas “less attractive” than a year ago
While earnings season for Las Vegas casino operators gets underway in earnest Thursday with Boyd Gaming reporting fourth quarter results,... more
Table-game progressives gaining interest from players, operators
With almost $3 million in progressive jackpots awarded over a five-week period and at least three prize meters topping $1 million waiting... more
Wall Street Bets: Churchill Downs, Las Vegas Strip room rates and revenue, Iowa legislation
Churchill Downs prospects “Inbound focus on Churchill Downs remains active the past several weeks, given the weakness (-7.5%... more
Six straight monthly declines on Las Vegas Strip not worrying analysts
Six consecutive monthly year-over-year declines in gaming revenue on the Las Vegas Strip may look ominous on the surface, but analysts are... more
Responsible betting: Changing terminology, and casinos doing more than posting signs
Las Vegas-based experts have outlined the emerging topics on responsible gaming in 2025, including the changing terminology around the... more
Outside nominees for Penn board have credibility in gaming, Jefferies analyst says
Saying it wants to “restore accountability” to Penn Entertainment, an activist shareholder has nominated three outside candidates to... more
Four Queens general manager: Renovations going well in downtown Las Vegas
The Nevada Gaming Commission approved a gaming license Thursday for Tim Lager, the general manager of the Four Queens Hotel and Casinos,... more
Las Vegas records best visitation year since pandemic
Las Vegas recorded its best year of visitation since the pandemic with 41.67 million people coming to the city, a 2.1% increase over the... more
Nevada regulators push for fine, longer revocation in Resorts World AML case of illegal bookie’s wife
The Nevada Gaming Commission rejected a settlement agreement reached with a former Resorts World agent as part of an illegal-bookmaking... more
Nevada sets gaming-revenue record for December, full year
Bolstered by an all-time revenue record in December of $1.46 billion, Nevada casinos broke their record for full-year gaming revenue,... more
Raving NEXT: Tribes seek to protect, grow, their interests
During Wednesday’s Raving Next roundtable session “How We’re Protecting and Growing Our Tribal Enterprises,” Jamul Indian Village... more
Planning to build on Long Island, Las Vegas Sands CEO concerned about igaming expansion in New York
As Las Vegas Sands executives continue to tout their 2025 and long-term prospects in Macau and Singapore, the possibility of dealing with... more
Analyst: Vici ‘skeptical’ of tribal opportunities, more bullish on Caesars Forum and NYC area
On January 28, Deutsche Bank hosted an investor dinner with unnamed executives of real estate investment trust Vici Properties. “Overall,... more
Reno deputy city attorney named to Nevada Gaming Control Board
A deputy city attorney for Reno and former employee of Caesars Entertainment will be the next member of the Nevada Gaming Control Board. In... more
Raving NEXT: Tribal executives talk about challenges and issues facing casinos
During the Raving Next panel discussion Executive Roundtable: Addressing Top Issues and Innovations, moderator Liz Palar asked how best to... more
Swinomish Tribe, Rush Street Interactive partner on Washington casino sportsbook
The Swinomish Indian Tribal Community and Rush Street Interactive Tuesday launched the BetRivers Sportsbook at the Swinomish Casino &... more
Alex Dixon comes home to Vegas to helm Resorts World
Three-and-a-half years ago, Alex Dixon left his native Las Vegas for the uncertainty of a new career in the Midwest. In Iowa, as CEO of the... more
Analyst predicts good 2025 for igaming, Macau-centric stocks, less so with Las Vegas casinos
Gaming analyst Chad Beynon of Macquarie Group is telling investors that while gaming stocks trailed the broader market in 2024, he sees... more
Bank of America lists stock ratings for 12 gaming companies
Ahead of earnings season, Bank of America Securities released a note to investors ranking the stocks of all the major operators on the Las... more
Wall Street Bets: Penn Entertainment, igaming, Boyd, sports betting
Penn Entertainment outlook J.P. Morgan analyst Joseph Greff looked at prospects for Penn Entertainment in a January 23 statement: “We are... more
World Game Protection Conference unveils agenda and speakers for March event
The World Game Protection Conference returns to Las Vegas March 11-13 to help the casino industry deal with the latest risks and scams that... more
Analyst ups Boyd stock price based on expected strong fourth quarter
J.P. Morgan tweaked its fourth-quarter earnings estimates for Boyd Gaming, reflecting a stronger than expected showing for regional gaming... more
Solid demand since election boosts analyst’s estimate of Penn’s Q4 earnings
J.P. Morgan has raised its fourth-quarter adjusted earnings’ estimate for Penn Entertainment on the back of a stronger-than-expected... more
Nevada Gaming Control Board chair stepping down. What’s to come in final months?
Two years into a four-year term as chair of the Nevada Gaming Control Board, Kirk Hendrick said it was time to move on and give someone... more
One size of growth doesn’t fit all, Deutsche Bank analyst says
“The domestic regional gaming environment is often discussed as a flat to slightly positive growth market, as measured by gross gaming... more
Regulation in U.S. and elsewhere dominates ICE discussions: analyst
Two days of the ICE expo in Barcelona were partly given over to discussions hosted by Jefferies Equity Research. Analyst James Wheatcroft... more
Outlook for Las Vegas Strip earnings reports: “Less bad than expected”
Bank of America Securities’ analyst Shaun Kelley released a note to investors, indicating that when fourth-quarter earnings reports for... more
J.P. Morgan lowers Las Vegas Sands price target, reaffirms Buy rating
J.P. Morgan has lowered its price target by $1 to $61 for Las Vegas Sands Corporation. Sands continues to rate as a Buy as the company is... more
Culinary Union workers reach deal with Virgin Hotels Las Vegas to end longest strike in decades
Sixty-nine days after union workers at the Virgin Hotels Las Vegas walked off the job, the strike ended Wednesday after management and the... more
Nevada Gaming Control Board Chair to resign after 2025 legislative session
Two years after being named chairman of the Nevada Gaming Control Board, Kirk Hendrick is stepping down from his post after the 2025... more
Massachusetts’ December casino revenue drops year-over-year
Massachusetts commercial casinos produced $102.1 million in gaming revenue in December, nearly $1 million less than December 2023, when the... more
Kansas: December casino revenue drops by less than 1 percent year-over-year
Kansas casinos saw revenues fall by less than 1 percent year-over-year in December, with its four commercial casinos generating $37.1... more
LiveRamp and Mohegan to launch first-of-its-kind casino media network
LiveRamp, a data collaboration platform, has partnered with Mohegan to power the gambling industry’s first casino media network for... more
Pennsylvania: Gaming revenue reaches record more than $6 billion in 2024
The Pennsylvania Gaming Control Board Tuesday reported record yearly revenue of $6.17 billion in 2024, the first time the $6 billion mark... more
Canadian Gaming Association president at ICE Barcelona to talk growth and opportunity at home
There is a healthy Canadian presence at this week’s ICE Barcelona, according to Canadian Gaming Association (CGA) President and CEO Paul... more
Pennsylvania: Record revenue from igaming in December mitigates minuscule year-over year decrease
The Pennsylvania Gaming Control Board on Friday reported revenue of $533.1 million in December from all forms of gambling, including record... more
Louisiana: Gaming revenue slightly decreases in December
The Louisiana Gaming Control Board Friday reported revenue of $203.5 million from all forms of gaming in December, a year-over-year... more
Michigan: Soft opening for Crystal Shores Casino is January 18
The Grand Traverse Band of Ottawa & Chippewa Indians will have a soft opening for local dignitaries and tribal elders for Crystal... more
Nevada regulators deny nearly $40,000 in patron dispute payments
The Nevada Gaming Control Board has denied nearly $40,000 in payments in casino patron disputes, including one incident that led to... more
Hard Rock Las Vegas construction progressing at former Mirage site, preparing for 2027 opening
An executive with Hard Rock Las Vegas, up for licensing in Nevada and appearing before gaming regulators, provided an update on the... more
Watkins to depart Nevada Gaming Control Board when term ends this month
The four-year term of Nevada Gaming Control Board member Brittnie Watkins expires at the end of January, and Gov. Joe Lombardo’s office... more
Coalition of commercial operators says Loto-Québec’s financials are in decline
Just three months into the job and with a 20-year record in communications behind her, Ariane Gauthier understands that her role as the... more
Station’s caution weakens stock price, Deutsche Bank analyst says
Despite firm third-quarter earnings, Station Casinos’ stock price has dropped 22 percent since the latest earnings call by management on... more
Station Casinos to open its second tavern location in North Las Vegas
Seventy Six Tavern, the new pub concept from Station Casinos, is opening its second location on January 23. The first tavern opened in... more
Veteran casino executive, regulator warns of federal regulation
A recent Senate Judiciary Committee hearing on online gambling and sports betting was just the beginning of a push for federal gaming... more
Wall Street Bets: New York online sports betting, Nevada
New York online sports betting Analyst David Katz of Jefferies January 12 looked at online sports betting in New York. “Statewide OSB... more
Analysts predict Las Vegas Strip gaming revenue down in December; bullish on 2025
The Las Vegas Strip will close 2024 with six consecutive months of year-over-year declines in gaming revenue when December’s numbers are... more
Analyst issues Buy rating for GLPI, Hold for VICI
Deutsche Bank released its 2025 stock outlook for GLPI and VICI Properties, giving the former a Buy rating and a Hold for the latter. GLPI,... more
Calendar and baccarat contribute to Nevada gaming revenue decline in November
Blame the calendar and slots for Nevada recording its fourth monthly gaming revenue decline in the last five months. The Las Vegas Strip... more
Casino foot traffic down nationwide in December
Casino foot traffic across the country fell 4.8% in December and is still double digits below where it was in the final month of 2019,... more
Texas: Alabama-Coushatta tribe opens travel center with Class II gaming devices
The Alabama-Coushatta tribe of Livingston,Texas, recently held a ribbon cutting ceremony for its Ischoopa Travel Center, which includes 81... more
New Entain CEO Gavin Isaacs added to roster of speakers at ICE Barcelona
ICE Barcelona organizer Clarion Gaming Wednesday confirmed the addition of new Entain CEO Gavin Isaacs to its lineup of keynote speakers at... more
Sports outcomes slam Flutter, Jefferies analyst says
Flutter Entertainment issued an unscheduled January 7 update to its 2024 financial results, with adverse news for investors. It predicted a... more
In-play betting poised to become new sports betting trend, according to Sportradar’s Sophie Thomas
Sportsbook operators are always looking for ways to increase betting and revenue. The answer might be already in place. In-play betting is... more
Westgate Resorts restructures executive roles
Westgate Resorts, a Florida operator of real estate and casinos across the United States, has restructured its executive leadership team.... more
Poker scam talk of the industry, according to game-protection expert
When it comes to casino scams in 2024, the use of concealed cameras in poker games is the number-one attention-getter, said Willy Allison,... more
Red Rock Resorts to get boost from development pipeline and North Fork management: analyst
Deutsche Bank has issued a Buy rating for Red Rock Resorts, bullish on the operator’s development pipeline and management of the North... more
AGEM Index drops 4.8 percent in December
The AGEM Index fell by 79.54 points to 1,564.82 in December 2024, a 4.8 percent decrease from the prior month. Compared to one year ago,... more
Macau’s early 2025 “solid,” boding well, Jefferies analyst says
The new year is off to a stronger start than 2024, according to Jefferies Equity Research analyst Anne Ling. In a January 6 investor note,... more
ESPN Bet hinders Penn Entertainment, Deutsche Bank analysts says
Deutsche Bank is projecting no change in the value of Penn Entertainment shares in 2025, issuing a Hold rating and noting the challenges of... more
Macau mass-gaming revenue and development pipeline key to 2025 for Las Vegas Sands
Macau mass-market gaming-revenue share will likely be the biggest element to the 2025 story for Las Vegas Sands, according to Deutsche... more
Analyst: Golden Entertainment a Buy based on possible real estate sales in 2025
The swing factor for Golden Entertainment shares in 2025 relates to a strategic change in the structure of the operations, according to... more
Analyst touts Accel Entertainment potential acquisitions in 2025
Accel Entertainment has received a Buy rating from Wall Street, citing its strong balance sheet, purchase of Fairmount Holdings, and the... more
Digital operations touted to unlock stock value for Caesars in 2025
Caesars Entertainment stock, which has traded in the low $30s to end 2024, has a projected price target of $56 in 2025 as it unlocks value... more
Bettors win, DraftKings loses in fourth quarter, J.P. Morgan analyst says
In a January 2 investor note, J.P. Morgan analyst Joseph Greff recalibrated his fourth-quarter estimates for DraftKings’s performance.... more
Mohegan fiscal report: Company looks to refinance INSPIRE resort debt
Mohegan Tribal Gaming Authority has released operating results for its fourth quarter and full fiscal year ended Sept. 30, 2024, with a big... more
MGM Resorts considers new fees at its properties in 2025, analyst writes
Deutsche Bank, in a note to investors, looked beyond the challenged first quarter of 2025, which is hindered by the “optically... more
F1 disappointment prompts analyst downgrade of Caesars Q4
J.P. Morgan analyst Joseph Greff ratcheted down his fourth-quarter Las Vegas Strip cash-flow projection from Caesars Entertainment. The... more
Analyst’s 2025 outlook for gaming REITs sees resurgence of transactions
After a slow 2024 for deals involving gaming real estate investment trusts (REIT), Deutsche Bank believes 2025 may be more ripe for... more
Analyst predicts “modest” growth in 2025 Las Vegas locals market
Casinos that serve Las Vegas residents are expected to grow modestly in 2025, according to Deutsche Bank year-end analysis. Analyst Carlo... more
Las Vegas surpasses monthly visitation numbers in second year of F1
Las Vegas surpassed November 2023 visitation numbers in the second year it hosted an F1 race on the Strip, boosted by a gain in... more
Inside Asian Gaming (IAG) and CDC Gaming announce merger completion
JOINTLY ANNOUNCED:31 December 2024 at Macau 11pm and Las Vegas 7am. Inside Asian Gaming and CDC Gaming are delighted to announce that the... more
Analyst: “2024 a year to forget” for regional casino operators
Deutsche Bank analyst Carlo Santarelli called 2024 “a year to forget” for most regional casino operators. Challenges remain for 2025,... more
Indian Gaming Association Tradeshow & Convention to focus on igaming, sports betting
The Indian Gaming Association is looking to top its record 9,000 attendees in 2023 when it returns to San Diego for its annual Tradeshow... more
The industry looks back on 2024, and forward to 2025 (Part 2)
As 2025 approaches, it’s apparent those in the gaming industry are optimistic about the new year’s outlook. Last week we heard from a... more
Wall Street firm sees 2% decline in Las Vegas Strip revenue in 2025
Deutsche Bank is calling for Las Vegas Strip revenue in 2025 to decline 2% from 2024. In a year-end forecast, analyst Carlo Santarelli said... more
Downside risks to gaming stocks to start 2025, but opportunities in igaming and online sports betting
J.P. Morgan analyst Joseph Greff called 2024 a down year for the gaming industry’s share-price performance and called out some downside... more
Scandals, some changes in public perception highlighted the year for sports betting
In the six years since the U.S. Supreme Court cleared the way for states to offer sports betting, each successive year has set a record for... more
OPINION: AGA CEO filled with optimism for 2025
What a year it’s been. As I take stock of 2024, where we are as an industry and where we’re headed, it fills me with optimism. Our... more
Positive outlook for land-based gaming, mergers and acquisitions in 2025
The outlook for the casino industry in 2025 is positive after a challenging 2024. Interest-rate cuts and changes at the Federal Trade... more
Las Vegas Sands named to the Dow Jones Sustainability Indices for world and North America
Las Vegas Sands was recognized on the Dow Jones Sustainability Indices (DJSI), with placement on both DJSI World and DJSI North America for... more
New regulation eases Nevada gaming manufacturers’ submissions without IP rights
Nevada gaming manufacturers will have an easier time in 2025 submitting proposals to state regulators for new games without owning the... more
Nevada casino patrons can use wagering account for non-gaming spending on the property
Nevada gamblers have now been authorized by the Gaming Commission to use their wagering accounts at the casino’s restaurants, retail... more
Tribal Cybersecurity Summit set for Feb. 26-28 in Miami
TribalHub will host its fifth annual Cybersecurity Summit, but this time it will be a gathering in Miami Feb. 26-28. This in-person... more
The industry looks back on 2024, and forward to 2025 (Part 1)
Where did 2024 go? Wasn’t ICE’s last show in London last week? As 2024 comes to a close, the changes in 2025 include ICE London... more
Las Vegas exporting its sports-resort model, like its integrated-resort model
Starting with the integrated resort, Las Vegas has long had a reputation of exporting that model to the rest of the world. After... more
China’s Xi swears in new leader of casino hub Macau, telling the city to diversify economy
MACAU (AP) — Chinese President Xi Jinping urged the casino hub of Macau to diversify its economy as he swore in the former Portuguese... more
Scott Sibella speaks in his defense at his Nevada Gaming Commission license revocation
Saying he’s lived through a nightmare and is considered a pariah, abandoned by friends and colleagues, Scott Sibella cast blame on MGM... more
Nevada Gaming Commission approves new casino operator at Virgin Las Vegas
The Nevada Gaming Commission Thursday enthusiastically backed a new gaming operator at the financially troubled Virgin Hotels Las Vegas... more
Analyst impressed by new Virginia casino
The Rose would, by any other name, smell just as sweet to Truist Securities analyst Barry Jonas. In a December 18 investor note, he gave... more
WYSR’s HR solutions hands-on, real-world, centralized
Streamlining the HR duties and responsibilities of gaming organizations has made WYSR (“Wiser”) the industry leader in significantly... more
As new executive vice president with Global Gaming Women, Pamela Buckley finds her passion
Pamela Buckley admits she’s taking a non-traditional approach in her career. For years she worked on the operator side of the gaming... more
Xi visits casino hub Macau to mark 25 years of its return to Chinese rule
MACAO (AP) — Chinese President Xi Jinping on Wednesday began a three-day visit to Macau to mark the 25th anniversary of the casino... more
MGM execs tout 2025 growth in Las Vegas, despite tough comps
MGM Resorts International executives told Wall Street analysts that they expect growth in Las Vegas despite tough comparisons to end 2024... more
Unlicensed online casinos target children through Roblox, investigation finds
A Sky News investigation has revealed that illegal online casinos are allowing children to sign up and gamble using their Roblox accounts.... more
Senate hearing on sports betting takes unexpected turn, Deutsche Bank analyst says
After describing himself as “a libertarian when it comes to gambling,” Sen. John Kennedy of Louisiana hijacked a U.S. Senate Judiciary... more
FTC bans hidden fees for hotels, live events
The Federal Trade Commission on Tuesday said it will soon require hotels, vacation rental platforms and live event promoters to disclose... more
Pennsylvania: Gaming revenue of $562.3 million sets monthly record
The Pennsylvania Gaming Control Board Tuesday reported revenue of $562.3 million in November from all forms of gambling, a monthly record.... more
New Jersey weighs making underage gambling no longer a crime, but subject to a fine
TRENTON, N.J. (AP) — Should underage gambling no longer be a crime? New Jersey lawmakers are considering changing the law to make... more
Analyst braces shareholders for Entain AML fine
Britain-based Entain plc, co-owner of BetMGM, began the week by facing the criminal-penalty phase of a probe into its anti-money-laundering... more
New Jersey: Casino revenue matches pre-pandemic while igaming breaks record in November
ATLANTIC CITY, N.J. (AP) — New Jersey’s red-hot internet gambling market continued to smash records in November, even as revenue inside... more
Macau revenues accelerate in December, Jefferies analyst says
Casino revenues in Macau are outpacing last summer’s and those in November. But they’re 2.9 percent off Wall Street projections,... more
Arizona: Desert Diamond Casino White Tanks at San Lucy opens Wednesday
The $450 million Desert Diamond Casino White Tanks at San Lucy in Waddell, Arizona, will open its doors to the public on December 18, 2024,... more
Sweepstakes platforms provoke debate about gambling, legal issues
Every year at the Global Gaming Expo, there’s a topic that creates a buzz throughout the conference. Be it sports betting, cashless... more
Nevada regulators weigh licensing of sports-data providers
Nevada gaming regulators are mulling whether to license sports-data services, which have grown with the nationwide expansion of sports... more
Revocation of Sibella’s gaming license highlights issue of casino money laundering
Scott Sibella’s settlement case to have his gaming license revoked at Thursday’s meeting of the Nevada Gaming Commission will cap a... more
Jefferies analyst applauds OddsJam purchase
Gambling.com’s acquisition of business-to-consumer company OddsJam received a thumbs-up from Jefferies Equity Research analyst David... more
Scott Sibella’s gaming license revoked by Nevada Gaming Control Board
The Nevada Gaming Control Board has reached a settlement with Scott Sibella, the former president and COO of Resorts World Las Vegas, to... more
Adoption of cashless payments slow in gaming industry, but seemingly inevitable
Be it Amazon or Starbucks, Etsy or eBay, cashless payments are the principal payment method in most daily transactions. Via cards or card... more
Nevada regulators open to VIP gaming salon rule changes to boost visitation, revenue
The Nevada Gaming Control Board is open to making changes to 23-year-old regulations governing high-end gaming salons. As proposed by the... more
Casino foot traffic nationwide up for first time in three months as year comes to close
Foot traffic in casinos measured by a Wall Street research firm rose nearly 5% year over year in November for the first time in three... more
Tennessee sees record sports betting handle for the 3rd straight month
The 12 online sportsbooks in Tennessee produced a record-breaking $594 million handle in November, according to new data published by the... more
Bragg Gaming Group plans for expansion in 2025
Toronto-based Bragg Gaming Group Inc. announced this morning they will have a booth at the upcoming ICE Barcelona show Jan. 20-22, showing... more
Lockdogs celebrates banner 2024 with more to come in 2025
Lockdogs is celebrating a banner year as North America’s fastest-growing provider of high-security key-changeable locks for the gaming... more
FanDuel introduces ‘My Spend’ responsible-gaming dashboard for users
FanDuel is bringing in a new tool for users to help them better track igaming spending patterns, while managing a budget. Called My Spend,... more
North Carolina reports second-highest monthly sports betting revenue in November
North Carolina sportsbooks handled the second-highest amount in state history in November – $657.7 million – a 7.5 percent... more
High-end gaming-salons workshop scheduled by Nevada Gaming Control Board
The Nevada Gaming Control Board Thursday will discuss the regulation of high-end gaming salons in the state’s casinos. At the workshop,... more
Global Gaming Women appoints Pamela Buckley as executive vice president
Global Gaming Women Monday announced that Pamela Buckley will fill a newly created position, executive vice president, with the non-profit... more
Xi visit dampens Macau gambling, Jefferies analyst says
Anticipation of a presidential visit to Macau by Chinese leader Xi Jinping has put a damper on early December casino revenues in the... more
Nevada gaming regulators to look at sportsbook house rules
The chairman of the Nevada Gaming Control Board called for forming a task force of industry leaders to examine sportsbooks’ house... more
Cyberattacks targeting casinos have become guerilla warfare with no end in sight: panel
A panel of cybersecurity experts said the gaming industry is increasingly vulnerable as a growing number of less sophisticated hackers can... more
Analysts expect decline in Strip gaming revenues through end of year
After a fourth consecutive year-over-year monthly decline in Las Vegas Strip gaming revenue, analysts don’t expect to see any turnaround... more
Tennis official from Bosnia-Herzegovina suspended and fined for betting on matches
LONDON (AP) — A tennis official from Bosnia-Herzegovina was suspended for four years by the International Tennis Integrity Agency for six... more
Missouri sports betting wins narrow approval after high-dollar campaign
JEFFERSON CITY, Mo. (AP) — Fans in Missouri will be able to bet on sports next year as a result of a ballot measure that barely passed... more
Aristocrat appoints Craig Toner new CEO
Aristocrat Leisure Limited Thursday announced that Craig Toner, former chief financial officer and executive vice president of operations,... more
Hector Fernandez appointed as new CEO of combined IGT, Everi entity
IGT and Everi announced Wednesday that Hector Fernandez will lead the upcoming combination of the two companies as CEO. Fernandez’s... more
Amid strike, Nevada regulators recommend new operators for Virgin Hotels Las Vegas
As Culinary Union workers continue their walkout for the third week at Virgin Hotels Las Vegas, the Nevada Gaming Control Board Wednesday... more
Las Vegas Strip records fourth consecutive monthly decline
The Las Vegas Strip recorded its fourth consecutive monthly year-over-year decline in October. Statewide gaming revenue fell for third of... more
Everi’s subpar results don’t matter, Jefferies analyst says
Third-quarter numbers for manufacturer Everi Holdings came in below Wall Street expectations. But due to the pending acquisition by Apollo... more
Illinois: Accel Entertainment completes acquisition of Fairmount Park Racetrack and FanDuel Sportsbook
Distributed gaming operator Accel Entertainment has completed its acquisition of Fairmount Holdings Inc. for 3.45 million ACEL shares,... more
Macau looks for strong close to 2024, Jefferies analyst says
According to a December 2 investor note from Jefferies Equity Research, gambling revenues from casinos in Macau “moderately outperformed... more
Rival union official says Atlantic City casino union boss should resign for opposing a smoking ban
ATLANTIC CITY, N.J. (AP) — Workers pushing for an end to smoking in Atlantic City casinos say the main employee union has been won over... more
Golden Matrix Group insider ownership hits 85 percent after Meridianbet acquisition
A report from Golden Matrix Group has revealed that insider ownership holds 85.17 percent of the company’s shares. A NASDAQ company, the... more
NorthStar reports growth in wagers, revenue, and margin for Q3 2024
NorthStar Gaming Holdings Inc. announced its financial highlights for Q3 2024, with double-digit year-over-year increases in wagers and... more
Lawmaker group proposes 15%-25% tax for igaming expansion
The National Council of Legislators from Gaming States (NCLGS) has drafted model legislation to guide states considering authorizing... more
Weaker midweek occupancy hurts Las Vegas visitation in October
Las Vegas visitation in October was strong on the weekends, but dropped slightly overall, as midweek visitation and convention attendance... more
Las Vegas airport on pace for another record year
The Las Vegas airport passenger count is up 1.7% for the year and on pace to set a record for the third consecutive year, bolstered by a... more
Atlantic City: Sand coming to eroding beaches is better late than never, casinos say
ATLANTIC CITY, N.J. (AP) — Atlantic City is finally getting a beach replenishment project that casinos say is essential for visitors who... more
Louisiana: October gaming revenue up across the board
The Louisiana Gaming Control Board posted revenue of $180.6 million from all forms of gaming in October, a year-over-year increase of 3.5%.... more
Wall Street Bets: Sports betting, REVPAR
Challengers in sports betting On November 22, analyst Barry Jonas of Truist Securities, with the help of HoldCrunch, a specialist analytics... more
Kindbridge Behavioral Health and Mindway AI team up to address responsible gambling challenges
Kindbridge Behavioral Health and Mindway AI have announced a strategic partnership to combine their expertise in mental-health care and... more
Arizona: Sportsbooks show strong results in September
Gross sportsbook revenue in Arizona jumped more than 30 percent in September compared to September 2023, reaching $77.4 million. Handle... more
Nevada sportsbooks granted greater authority to void winning wagers
Nevada bettors who place a sports wager after an outcome is known will have their tickets voided by the sportsbooks without the books... more
Atlantic City casino earnings fall nearly 14% in 3rd quarter
ATLANTIC CITY, N.J. (AP) — Atlantic City’s casinos saw their operating profits decline by nearly 14% in the third quarter of this year,... more
Rio Las Vegas completes phase one of $340 million transformation
The Rio Hotel & Casino has completed the first phase of its $340 million property-wide transformation and joined the Destination by... more
Nevada Gaming Commission acts to end shortage of armed security in Las Vegas casinos
The Nevada Gaming Commission took action Thursday to put an end to a shortage of armed security at Las Vegas casinos by making it easier... more
Hard Rock executive licensed by Nevada Gaming Commission as work continues on Las Vegas project
Four months after the Mirage permanently closed on the Strip to make room for a rebuilt and rebranded Hard Rock Las Vegas, the Nevada... more
American Gaming Association reports record revenue in third quarter
Led by increases in sports betting and igaming, U.S. commercial gaming revenue reached $17.1 billion in the third quarter of 2024. That’s... more
J.P. Morgan bullish on Las Vegas Sands’s Singapore expansion
J.P. Morgan analyst Joseph Greff touted Las Vegas Sands’s prospects in Singapore as part of an investor presentation at the Marina Bay... more
Pennsylvania: Gaming revenue reaches $496.5 million in October
According to the Pennsylvania Gaming Control Board Wednesday, revenue from all forms of gambling reached $496.5 million in October, a... more
Analyst wary of Las Vegas locals market
“Despite cautious outlook commentary from locals operators of late,” Wall Street is pursuing aggressive forecasts for Station Casinos... more
Casino Marketing Boot Camp set for March 24-26 in New Orleans
The Casino Marketing Boot Camp program for marketing professionals will be held March 24-26 in New Orleans at the Hyatt Centric French... more
Macau exposure now “a negative” for U.S. companies, Jefferies analyst says
Investors in Macau-facing casino companies received some good news November 18. Jefferies Equity Research analyst David Katz reported that... more
Koin appoints Craig Libson chief strategy officer
Koin has appointed fintech veteran Craig Libson to the role of chief strategy officer. Lisbon will be charged with shaping and driving... more
Caesars installs self-service betting kiosks at 48 locations in D.C.
Caesars Entertainment Monday announced it has installed new self-service kiosks at 48 small businesses across Washington, D.C. Caesars... more
New Jersey igaming sets another revenue record at $213 million, overtaking casino action
ATLANTIC CITY, N.J. (AP) — New Jersey’s igaming market set another record in October, the latest proof that people are betting more of... more
Gaming execs say they are optimistic about the future
Prospects of tax cuts, less overtime pay for employees and tariffs had gaming-industry executives in a sunny mood in Miami as they attended... more
Culinary Union workers picket for third day at Virgin Hotels Las Vegas with no talks slated
LAS VEGAS (AP) — Picketing continued Sunday outside a hotel-casino near the Las Vegas Strip that remained open with no talks scheduled... more
Strike by Culinary Union workers at Virgin Hotels Las Vegas enters second day
LAS VEGAS (AP) — A walkout by hundreds of hospitality workers at a casino near the Las Vegas Strip entered its second day with union... more
Analyst: Tilman Fertitta interest in Wynn stock an investment, not takeover
Wall Street analyst John DeCree tried to quell the initial speculation that Tilman Feritta’s becoming Wynn Resorts largest shareholder is... more
Las Vegas: Hundreds of hotel workers go on strike at Virgin Hotels Las Vegas
LAS VEGAS (AP) — Hundreds of hotel workers at a casino near the Las Vegas Strip went on strike just before dawn Friday after a long and... more
UNLV professor predicts decline in 2025 and 2026 Las Vegas visitor volume, gaming revenue
A UNLV economics professor released a report this week suggesting Las Vegas’ visitor volume, gaming revenue, and hotel occupancy will... more
Betting Ladies website sees increase in women bettors, visitors
For a little more than a year and a half, Val Martinez has curated the website Betting Ladies. Launched by Martinez during SBC Summit North... more
Wynn Resorts shares soar on Fertitta stock acquisition
Wynn Resorts stock soared Thursday on news that billionaire Tilman Fertitta increased his stake in the company to 9.9%. Bloomberg News... more
New Jersey, the state that cleared the way for sports gambling, may ban prop bets on college athletes
TRENTON, N.J. (AP) — After an unexpected loss in which he threw four interceptions in September, Auburn quarterback Payton Thorne heard... more
Light & Wonder CEO bullish on third quarter and beyond
“We continue to see stability and resilience,” said Light & Wonder CEO Matt Wilson, applauding his company’s third-quarter... more
Regional casino foot traffic in decline, Jefferies analyst says
Regional casinos received an October surprise in the form of 4.1 percent lower foot traffic. Patronage was even more deeply impacted... more
Flutter Entertainment’s first stock buyback highlights Q3 earnings call
Peter Jackson, CEO of Flutter Entertainment, hailed an “excellent” third quarter in a November 12 earnings call. He also took the... more
Aristocrat unveils plans for igaming strategy
In April of this year, Aristocrat completed the acquisition of NeoGames, a transaction that was viewed favorably by the operator and Wall... more
IGT investor’s call highlights company’s progress after sale of gaming, digital business
During Tuesday’s investor’s call, International Gaming Technology CEO Vince Sadusky and Executive Vice President and Chief Financial... more
Galaxy Entertainment Group founder Dr. Lui Che Woo dies at age 95
Galaxy Entertainment Group (GEG) has announced the passing of the company’s Chairman and founder, Dr Lui Che Woo, at the age of 95. In a... more
New York casino revenue falls 3.9 percent in October
The New York State Gaming Commission has reported that gross gaming revenue from the state’s commercial casinos in October was $53.7... more
Nevada gamblers closer to using betting accounts for non-gaming purchases in casinos
Nevada gamblers are on the verge of using their wagering accounts when they pay for casino meals, retail purchases, and other expenses as... more
Cherokee business files suit over measure approved by Arkansas voters that revoked planned casino’s license
LITTLE ROCK, Ark. (AP) — Cherokee Nation Entertainment on Friday filed a lawsuit challenging a constitutional amendment Arkansas voters... more
DraftKings 3Q24 revenue increase sets the table for possible expansion
After reporting third-quarter results that are considered positive – a 39% increase in revenue to $1.095 billion – DraftKings’ CEO... more
Venetian Las Vegas and Pechanga Casino enter partnership
Pechanga Resort Casino and the Venetian Resort Las Vegas have signed a first-of-its-kind partnership for a southern California Native... more
Red Rock enjoys record third quarter as Durango continues to shine
Strength in the Las Vegas Locals market propelled Red Rock Resorts to a record third quarter for revenue and adjusted earnings. Stephen... more
Golden cites heat, reduced spending for revenue and earnings hit
Golden Entertainment said record summer heat and reduced play among lower-tier players cut into revenue and adjusted earnings during the... more
Arizona: Desert Diamond Casino White Tanks slated to open December 18
The Tohono O’odham Gaming Enterprise is opening its fifth property. A grand opening event for the Desert Diamond Casino White Tanks at... more
J&J Ventures to acquire Leisure Gaming’s slot-only northern Nevada casinos
Ten months after acquiring Golden Entertainment’s distributed gaming operations in Nevada, Illinois-based J&J Gaming is about to... more
Penn Entertainment 3Q24 results stable
The bad news that emerged from Penn Entertainment’s investor’s call Thursday morning was the company posted losses of $37.5 million.... more
Full House suffers “disappointing” third quarter
“There’s no way around it. It was not a good quarter and I’m not happy about it.” So began Full House Resorts’ third-quarter... more
Bally’s executives emphasize steadiness on earnings call
“Steady” was frequently heard during a truncated (20-minute) third-quarter Bally’s earnings call on November 6. No questions were... more
Nevada Gaming Control Board rejects $900,000-plus in casino-patron disputes
The Nevada Gaming Control board rejected requests from two patrons to have casinos pay them more than $900,000 in winnings, ruling that the... more
Missouri Amendment 2 hanging by a thread
Vote-counting on Missouri’s Amendment 2 to legalize sports betting continued to go down to the wire the day after the election. With 98... more
SBC Summit Lationamerica reports 33% rise in attendance
SBC Summit Latinoamérica announced Wednesday that its recent conference at the Seminole Hard Rock & Casino in Florida experienced a... more
Nevada regulators refund $3.1 million to Dotty’s for tax overpayment
The Nevada Gaming Commission agreed Monday to pay $3.1 million to Dotty’s slot parlor for overpayment of gaming taxes. It also accepted... more
Accel purchases of controlling interest in two Louisiana-based route operators
Accel Entertainment Tuesday announced the purchase of 85% of the ownership interests in Toucan Gaming and LSM Gaming. The Louisiana-based... more
Wynn Resorts says luxury segment in Las Vegas remains healthy
Wynn Resorts reported healthy demand in Las Vegas for its luxury segment during the third quarter, saying revenue rose 1% and adjusted... more
Nevada Gaming Commission backs Marnell family takeover of Ely casino
The Nevada Gaming Commission Monday signed off on members of the Marnell family taking over ownership of the Prospector Hotel &... more
Analysts are cautious about Las Vegas after earnings reports
Based on third-quarter earnings commentary from Strip operators, Wall Street analysts have been preaching caution for Las Vegas for the... more
Voters to decide on casino expansion, sports betting, and other gambling-related ballot questions
Four prominent gaming initiatives will be on state ballots Tuesday, asking voters whether they approve of casino expansion in Virginia,... more
Analyst lowers Penn estimate ahead of Q3 earnings report
J.P. Morgan analyst Joseph Greff reduced his third-quarter estimates of Penn Entertainment’s cash flow, due to preliminary Penn guidance... more
Vici CEO decries market volatility
“Isn’t it an interesting world we’re currently living in?” With that question, Vici Properties CEO Edward Pitoniak led off the real... more
Veterans in Gaming announces strategic partnership with CDC Gaming
Veterans in Gaming (ViG), the non-profit group, open to former military members and their associates, recently announced that it has... more
Las Vegas: Golden Entertainment unveils Arizona Charlie’s refreshed rooms
Golden Entertainment’s Arizona Charlie’s Boulder and Arizona Charlie’s Decatur, both locals’ casinos in the Las Vegas area,... more
Accel Entertainment third-quarter earnings call highlights closures
CEO Andy Rubenstain said that Accel Entertainment’s 2024 third quarter, with reported revenue of $302.2 million and adjusted EBITDA of... more
AGA executive says the legal status of sweepstakes is ‘murky’
During a five-part educational series on sweepstakes hosted by the Indian Gaming Association, American Gaming Association Senior Vice... more
MGM Resorts Q3 investor call brings questions about table games, Formula 1
During Wednesday’s MGM Resorts third-quarter investors call, President and CEO Bill Hornbuckle noted the company was in a great position,... more
Rush Street Interactive CEO paints picture of success
CEO Richard Schwartz lauded “another record-breaking quarter” at the top of Rush Street Interactive’s third-quarter earnings call... more
Caesars’s Q3 earnings call focused on asset sale and drop in F1 revenue
Caesars Entertainment executives on Tuesday spoke positively about 2025, but noted that October has been underwhelming in Las Vegas and... more
Analysts cautious on Vegas, due in part to election
Wall Street and other analysts are growing cautious about the prospects of Las Vegas through the end of the year and the start of 2025,... more
Las Vegas Strip reports third consecutive monthly decline
Nevada’s gaming revenue edged 3.4% higher in September despite a third consecutive monthly decline on the Strip. The Nevada Gaming... more
BlueBet expects fiscal year EBITDA boost from U.S. market exit
Australian bookmaker BlueBet has announced that it closed all three ClutchBet online sportsbooks on September 16, reporting a smooth... more
Seminole Tribe settles legal challenges to Florida sports gambling exclusivity
The Seminole Tribe of Florida and a group of businesses that operate racetracks and poker rooms have settled a yearslong legal dispute over... more
Aristocrat licensed to do business in UAE
Aristocrat announced Monday that it is the first international slot and online technology company to be granted a gaming-related vendor... more
Missouri sports betting ballot measure highlights national debate about gambling tax rates
The ads promoting a ballot measure to legalize sports betting in Missouri tout the potential for millions of new tax dollars devoted to... more
BCLC’s New Horizons: Placing the focus on responsible gambling
Player health is very much in the spotlight at the upcoming British Columbia Lottery Corporation “New Horizons in Safer... more
Unprecedented tribal pact dominates GLPI earnings call
Gaming & Leisure Properties Inc.’s third-quarter earnings call was largely devoted to an explanation of the company’s... more
Boyd cites nationwide investments, growth in Las Vegas for strong Q3
Boyd Gaming attributed property investments, growth in downtown Las Vegas, and success in its regional markets for producing strong results... more
Analyst: Phoenix Link fuels Aristocrat’s hopes
Jefferies Equity Research analyst Kai Erman in an October 24 investor note described the climate for Aristocrat Leisure as... more
New Jersey loves the money from online sports betting, but fears addictive consequences
TRENTON, N.J. (AP) — Online sports betting is reaping new revenue for New Jersey but also raising concerns about gambling addiction and... more
After record third quarter revenue and income, Churchill Downs intent on continued growth
Churchill Downs reported record revenue of $628.5 million for the third quarter of 2024. The revenue is a 9.3% increase over the same... more
Las Vegas Sands CEO concerned about $6 billion New York resort plans
The chairman and CEO of Las Vegas Sands expressed concerns Wednesday about investing in a $6 billion casino-resort on New York’s Long... more
Las Vegas Sands sees “business as usual” with Macau’s new chief executive
Las Vegas Sands executives weighed in Wednesday on the naming of Macau’s former top judge as the next leader of the Chinese casino hub.... more
Agilysys software expedites guest services, rewards employees, and streamlines operations
Agilysys, the global provider of hospitality software and services, has rolled out enhanced solutions that gaming properties can use to... more
High-risk players contribute 3.2 percent to Kindred’s third-quarter revenue
Kindred Group has reported that high-risk players contributed 3.2 percent to its revenue during the third quarter. While the percentage has... more
Gaming stocks ‘uninspiring,’ Truist analyst says
Against a “resilient” Standard & Poor’s Index, Truist Securities analyst Barry Jonas saw gaming-related stocks as ... more
Q3 earnings season kicks off with Las Vegas Sands on Wednesday, Boyd on Thursday
Third-quarter earnings season for the gaming industry kicks off in earnest Wednesday when Las Vegas Sands reports what’s happening in... more
ACS celebrates G2E success demonstrating Flagship Platforms, PIE, and HostXP
Advanced Casino Solutions (ACS), renowned for its leadership in providing intelligent marketing and customer engagement tailored for the... more
Betson Imperial Parts & Service promotes John McCann to senior sales engineering manager
Betson Imperial Parts & Service Tuesday announced the promotion of John McCann to senior sales engineering manager. McCann will... more
Delano at Mandalay Bay to be rebranded to W Las Vegas
MGM Resorts International and Marriott International announced plans Monday to convert what they called an “iconic property” on the Las... more
G2E: How Light & Wonder and IGT are winning the social media game
At G2E this year, Light & Wonder and IGT didn’t just show up; they dominated the conversation with scroll-stopping social media... more
Analysts bullish on Red Rock despite lowering earnings with anticipation of new projects in south Las Vegas Valley
Analysts remain bullish on Red Rock Resorts ahead of its third quarter earnings release that’s expected to be affected by the summer heat... more
G2E: AI still virgin territory for gaming
A Global Gaming Expo panel on the intersection of technology and compliance tried something different on the first day of G2E. Moderator... more
Regional softness, delays weigh on Churchill Downs
“Weakness in regional gaming” and a postponement of The Rose casino in Virginia negatively impacted Churchill Downs, according to an... more
Louisiana: Gaming revenue drops in every district, but sports betting increases
The Louisiana Gaming Control Board this week reported revenue of $169.9 million from all forms of gaming in September, a year-over-year... more
New Jersey Internet gambling revenue set new record in September at $208 million
ATLANTIC CITY, N.J. (AP) — New Jersey’s red-hot internet gambling market set another record in September with Atlantic City’s casinos... more
Pennsylvania: Gaming revenue increases 6.2% to $506 million
The Pennsylvania Gaming Control Board Thursday reported revenue of $505.9 million from all forms of gambling in September, a year-over-year... more
Isaacs’ arrival at Entain raises hopes, Jefferies analyst says
Within a month of Gavin Isaacs being named the new CEO of Entain, the company has raised its cash-flow guidance by two percent. Jefferies... more
Defy the Odds aims at helping women, underserved groups, in the gaming industry
Sue Schneider, Paris Smith and Kelly Kehn have been in plenty of meetings where they were the exception, not the rule. Specifically with... more
NBA Commissioner Adam Silver reflects on his op-ed calling for change to sports betting a decade ago
NEW YORK (AP) — “Betting on professional sports is currently illegal in most of the United States outside of Nevada. I believe we need... more
J.P. Morgan analyst curbs MGM projections
“Uneven performance” and difficult year-over-year comparisons were cited by J.P. Morgan analyst Joseph Greff, as he trimmed cash-flow... more
Virginia casino revenue up to $56.6 million in September
The Virginia Lottery has reported the state’s three casinos combined for almost $56.6 million in adjusted gaming revenue in... more
G2E: Look for more states to increase tax rates for sports betting
It’s a challenge for sports betting operators to keep up with the ever-changing regulatory and tax landscape across the U.S. that shows... more
Arkansas Supreme Court rejects challenge to ballot measure that would revoke casino license
LITTLE ROCK, Ark. (AP) — The Arkansas Supreme Court on Monday rejected part of a lawsuit challenging a measure on the ballot that would... more
G2E: Analyst finds “considerable progress” at G2E
After nearly 20 executive meets at Global Gaming Expo, in Las Vegas, Jefferies Equity Research analysts came away optimistic. “In short,... more
UK tax proposal “unrealistic,” Jefferies analyst says
Labour government plans to steeply increase taxes on gaming firms “would effectively wipe out listed operator profitability and likely... more
Dragon Train effect minimal on Light & Wonder, Jefferies analyst says
Having to pull Dragon Train games from its warehouses and off casino floors would be “modestly impactful” to maker Light & Wonder,... more
G2E: Tribes’ sound stewardship of gaming operations boosts political impact
Tribal members owe it to themselves to vote and potentially play a decisive role in this year’s presidential election, G2E panelists... more
Inside Asian Gaming and CDC Gaming discuss merger forming Complete Media Group (VIDEO)
Inside Asian Gaming (IAG) and CDC Gaming Monday published a discussion recorded at last week’s Global Gaming Expo regarding the... more
Macau’s former top judge is elected as the Chinese casino hub’s first leader born in mainland China
MACAO (AP) — Macao’s former top judge, Sam Hou Fai, was chosen as the Chinese casino hub’ s next leader in a largely ceremonial... more
Caesars touts impact of Taylor Swift concerts in New Orleans later this month, J.P. Morgan analyst says
J.P. Morgan hosted a dinner with management at Caesars Entertainment and came away feeling better about the operator’s Las Vegas... more
G2E: Minnesota Indian Gaming Association head optimistic about sports betting in 2025
Andy Platto, executive director of the Minnesota Indian Gaming Association, told attendees at G2E that he’s confident the state will have... more
Wynn UAE resort focus of Investor Day
Wall Street analysts are buzzing about Wynn Resorts integrated resort project in the United Arab Emirates after the casino operator held an... more
G2E: Tribes heading into commercial gaming show no sign of slowing
Tribal governments venturing into commercial gaming continue its upswing and show no signs of slowing down. The San Manuel Band of Mission... more
G2E 2024 convenes more than 25,000 gaming professionals in Las Vegas
G2E 2024, presented by the American Gaming Association (AGA) and organized by RX, brought more than 25,000 gaming professionals to Las... more
Missouri riverboat casino revenue falls to $150 million in September
New data from the Missouri Gaming Commission has revealed that the state’s 13 riverboat casinos combined for $150.0 million in Adjusted... more
G2E: Lawmakers, law enforcement, regulators, tribes, and feds needed to combat illegal market
An October 9 panel at Global Gaming Expo was tagged “The Far-Reaching Negative Impact of the Illegal Gambling Market.” However, the... more
G2E: IGT expands Wheel of Fortune to video poker, ETG games
Even after designing more than 300 Wheel of Fortune games over 28 years, International Game Technology still finds innovative ways to... more
G2E: Samurai Studio aims to bring Japanese IP to North American igaming
Japanese intellectual property (IP) is poised to become a force in North American igaming, says Hiro Koide, CEO and president of... more
Deutsche Bank analyst assesses damage to Light & Wonder from Dragon Train injunction
Coincidental to the opening of Global Gaming Expo in Las Vegas, Deutsche Bank analyst Carlo Santarelli met with leadership of Light &... more
CDC Gaming and Inside Asian Gaming (IAG) announce planned merger
JOINTLY ANNOUNCED: Las Vegas Monday 7 October 2024 at 4pm. Macau Tuesday 8 October 2024 at 7am. Key points: MERGER CREATES FIRST GLOBAL... more
Ontario premier Ford lays out ambitious plan for Niagara Falls casino scene
Ontario Premier Doug Ford is making the development of Niagara Falls into “Las Vegas North” a priority, renegotiating the province’s... more
Mega Millions tickets will climb to $5, but officials promise bigger prizes and better odds
DES MOINES, Iowa (AP) — The cost of buying a Mega Millions jackpot dream will soon more than double, but lottery officials said they’re... more
IGT PlayDigital releases Mystery of the Lamp in four igaming states
Game provider International Game Technology PLC has expanded its digital gaming portfolio with the online release of the Mystery of the... more
Industry sources: Time to pump the brakes a little on an Alberta online market rollout
Ever since a speech by Dale Nally, the Alberta government’s Minister of Service Alberta and Red Tape Reduction, at the Canadian Gaming... more
Wynn Resorts obtains United Arab Emirates gaming license
Wynn Resorts announced late Friday that the General Commercial Gaming Regulatory Authority of the United Arab Emirates has issued a gaming... more
ESPN Bet gaining momentum, Jefferies analyst says
According to Jefferies Equity Research analyst David Katz in an October 4 investor note, controversial ESPN Bet “continues to gain... more
AGEM Index increases 3.4 percent in September
The AGEM Index increased by 50.33 points to 1,552.59 in September 2024, a 3.4 percent increase from the prior month. Compared to one year... more
Gaming and Leisure Properties promotes Brandon Moore to President
Gaming and Leisure Properties, a real estate investment trust that owns 65 casinos across the United States, has promoted Brandon Moore to... more
Caesars gets Buy rating ahead of G2E analyst meeting
Caesars Entertainment’s management will host a series of meetings with the investment community in Las Vegas next week during the... more
Dragon Train designer leaves Light & Wonder
According to an October 2 investor note from Truist Securities analyst Barry Jonas, the designer of the embattled Dragon Train game has... more
Analyst examines MGM’s share-price struggles
Deutsche Bank analyst Carlo Santarelli chopped $5 off his price target for MGM Resorts International, bringing it down to $52 per share.... more
Ex-Jaguars worker who stole $22M from team sues FanDuel
A former financial manager for the NFL’s Jacksonville Jaguars who stole $22 million from the team is suing FanDuel for $250 million,... more
New York: Buffalo’s longest-serving mayor is leaving City Hall for a betting agency
BUFFALO, N.Y. (AP) — Buffalo’s longest-serving mayor, Byron Brown, said Monday he will leave City Hall in a few weeks to lead an... more
Tropicana Las Vegas implosion set for early morning October 9
The Tropicana Las Vegas will take its final bow at 2:30 a.m. Pacific Time on Wednesday, October 9, to make way for a $1.5 billion... more
New Pennsylvania reports highlight success of regulated industry, responsible gaming, diversity
The Pennsylvania Gaming Control Board Monday released its 2023-24 reports on the gaming industry and diversity. The 18th annual report on... more
Pete Rose, baseball’s banned hits leader, dies at age 83
NEW YORK (AP) — Pete Rose, baseball’s career hits leader and fallen idol who undermined his historic achievements and Hall of Fame... more
The sole candidate for Macau’s leader pledges to diversify the casino city’s economy
HONG KONG (AP) — The sole candidate in the election for Macau’s next leader has pledged to diversify the economy of the Chinese casino... more
Analyst cautious concerning Las Vegas, more bullish on Macau
A Wall Street analyst is “becoming more cautious” about Las Vegas casino earnings due to slowing leisure travel, while looking... more
A tiny tribe is getting pushback for betting big on a $600M casino in California’s wine country
SAN FRANCISCO (AP) — For decades a small, landless tribe in Northern California has been on a mission to get land, open a casino and tap... more
Cardno, Thomas, release “The Math That Gaming Made, Compendium”
Quick Custom Intelligence founders Andrew Cardno and Dr. Ralph Thomas have released their 11th book, The Math That Gaming Made, Compendium.... more
Red Rock Resorts set to open first of seven Las Vegas taverns
The all-new tavern brand, Seventy Six by Station Casinos, will kick off with a ribbon-cutting celebration and soft opening to the public of... more
AGA study: Gaming industry invests more money for responsible gaming measures
The gaming industry is making more significant investments into responsible gaming measures. Research by the American Gaming Association... more
Appeals court hears arguments in case between 2 tribes over Alabama casino built on ‘sacred’ land
ATLANTA (AP) — An appeals court on Wednesday heard arguments in a long-running dispute between two federally recognized tribes over... more
Nevada regulators approve Sega Sammy acquisition of GAN
The Nevada Gaming Commission Thursday signed off on Japan-based Sega Sammy Creation acquiring financially troubled GAN. The deal for GAN,... more
Analysts: High hold drives FanDuel’s top performance
A group of Wall Street analysts attended Flutter Entertainment’s Capital Markets Day event on September 25. They were in receipt of a... more
SBC Summit: Gambling operators still see great opportunities in the UK
The United Kingdom, recognized as the world’s longest-standing regulated online gambling market, is thought by many to set the standard... more
Las Vegas Strip revenue declines in August
A $40 million decline in baccarat win and slot-revenue accounting prompted a 3.8% decline in Nevada gaming revenue in August, a drop on... more
SBC Summit: Industry leaders say live casinos need to innovate to keep up with slot games
Leaders from across the industry assessed the state of the live casino industry this week at the SBC Summit Lisbon panel Live Casino... more
SBC Summit: Gaming aggregators more than just providers of games in the modern market
Industry professionals from aggregators and operators debated the role of aggregators in the modern ecosystem during this week’s SBC... more
SBC Summit: Experts predict story-driven slots to see success in 2025
Industry leaders assembled to explore slot players’ evolving preferences as 2025 approaches during this week’s SBC Summit... more
SBC Summit: U.S. gaming operators weigh their role in regulation and responsible gaming
U.S. gambling experts came together for the SBC Summit Lisbon panel Can Compliance Influence Regulation in the U.S. to discuss the state of... more
New Jersey’s success with igaming: Casino savior?
Two casino-industry consultants described igaming as helping preserve the New Jersey casino industry by bringing in younger players,... more
SBC Summit: In-play betting meets growing demands of bettors
In Tuesday’s SBC Summit Lisbon panel, Sportsbooks and Entertainment: In-play Betting, industry leaders explored the pivotal role of... more
SBC Summit: Best strategies for responsible gaming
At Tuesday’s panel discussion at SBC Lisbon, Gambling For the Greater Good: Measuring Social Impact in Responsible Gaming Strategies,... more
SBC Summit: Panel cites the importance of omnichannel integration
The Omnichannel Strategy for Enhanced Customer Experience panel at SBC Lisbon brought leaders from across the globe to discuss the future... more
SBC Summit: Is the U.S. presidential election the world’s biggest betting event?
Be it former President Donald Trump, forced-to-bow out President Joe Biden or Vice President Kamala Harris stepping up as the Democratic... more
Banned gamblers can’t claim jackpots under Nevada proposal
Gamblers barred from a Nevada casino won’t get paid after hitting a jackpot at the property — if Nevada regulators have their way. The... more
A bitter fight between two tribes, over sacred land where one built a casino, heads to court
WETUMPKA, Ala. (AP) — At the height of Muscogee power, thousands of people filled the tribe’s sprawling territory on the lush banks of... more
For JCM Global, certification requires knowledge of jurisdictional concepts
JCM Global was recently certified to operate in Colorado and New Mexico. “It gives us the ability to go directly to our customers and... more
Macau business ‘moving in the wrong direction,’ Jefferies analyst says
Decrying “weaker than expected spend” in mid-September in Macau casinos, Jefferies Equity Research analyst Andrew Lee forecast a... more
Court bars Light & Wonder Dragon Train game from U.S.
Aristocrat Technologies hit a courtroom jackpot on Monday. A United States court granted a preliminary injunction against deployment of... more
SBC Summit: Lack of true ‘mature market’ keeps payments industry evolving
During Tuesday’s panel at SBC Lisbon, Payment Leaders: How To Handle Mature Regulated Markets, professionals from across the industry... more
SBC Summit: AI and machine learning can enhance safer gambling to keep profits and growth in the industry
Artificial Intelligence is creating a tectonic shift in every tech and data-driven sector, and gaming is no exception. In addition to... more
Flutter’s Jackson, MGM Resorts’ Hornbuckle, to speak at G2E keynote session
The Global Gaming Expo announced Tuesday that Flutter Entertainment CEO Peter Jackson and MGM Resorts President and CEO Bill Hornbuckle... more
Boyd Gaming buys Resorts Digital online gambling operation
ATLANTIC CITY, N.J. (AP) — Boyd Interactive has purchased Resorts Digital, the online gambling arm of Atlantic City’s Resorts casino,... more
Casino players strongly favor smokefree air, survey for G2E panel finds
Nonsmokers account for 89 percent of casino gamblers who have an annual income of at least $150,000, says a survey to be spotlighted at... more
TribalNet: Tribal casinos deal with an increase in cyberattacks
The increase in ransomware attacks on casino companies, particularly tribal properties, continues to keep IT teams and leadership up at... more
Global Gaming Women announces events during G2E
Global Gaming Women has announced its roster of events during the Global Gaming Expo, October 7-10, in Las Vegas. The 14th Annual Kick Up... more
Analyst: Fed rate cut, presidential election expected to impact Las Vegas locals casinos
A Wall Street analyst considers Wednesday’s interest rate cut by the Federal Reserve, the first in four years, will be beneficial to... more
TribalNet: Hospitality panel discusses technology as it relates to the guest experience
When it comes to hospitality, casino resorts need to balance the desire to maximize the customer experience with the reality of operational... more
Pennsylvania: Sports betting, igaming, drive gaming revenue over $510 million
The Pennsylvania Gaming Control Board Wednesday reported revenue of $510.1 million from all forms of gambling in August, a year-over-year... more
Responsible Online Gaming Association to address college-age population with new programming
When the Responsible Online Gaming Association was trying to determine its initial programming, one age group stood out. College students... more
TribalNet: Cashless gaming predicted to explode with tribal casinos leading the way
Two technology-company executives said they expect cashless gaming to accelerate over the next three to five years after getting off to a... more
Flutter buys Snaitech for US$2.6 billion in major acquisition
Moving into Italy in a big way, Flutter Entertainment bought igaming firm Snaitech on September 16 for €2.3 billion (US$2.6 billion). The... more
Jim Allen’s career crests with induction into Gaming Hall of Fame
Jim Allen wasn’t looking for work in the casino industry He’d been happy working in restaurants in Atlantic City, New Jersey, and... more
Light & Wonder impressive, Jefferies analyst says
After meeting with top management of Light & Wonder, Jefferies Equity Research analyst David Katz stuck by his Buy rating on LNW... more
TribalNet: Gaming industry executives talk technology future
High-level executives in the casino-technology sector gathered in Las Vegas at the TribaNet Conference & Tradeshow to talk about the... more
New Jersey Internet gambling sets new record at $198M in revenue, but land casinos lag
ATLANTIC CITY, N.J. (AP) — Internet gambling in New Jersey had its best month ever in August, bringing in over $198 million in revenue... more
A union leader freed from prison vows to continue a strike against Cambodia’s biggest casino
PHNOM PENH, Cambodia (AP) — A union leader freed from prison Monday after serving time for her part in a strike against Cambodia’s... more
BetMGM impresses in NFL Week One, Jefferies analyst says
BetMGM handily outperformed the field in New York state in the first week of NFL wagering, according to data published September 15 in a... more
Loto-Québec overall revenue down in latest quarter; casinos slightly up
Loto-Québec has released financial results for Q1 of its 2024-25 fiscal year, showing drops of CA$21.4 million (US$15.7 million; 3.0... more
Casino Esports Conference set for Feb. 18-19 at Wind Creek Bethlehem
The Casino Esports Conference, an event at the intersection of gaming, esports, and entertainment, will return to Wind Creek Bethlehem in... more
Nevada: Marnell Gaming set to take over Prospector Hotel & Gambling Hall in Ely
The Prospector Hotel & Gambling Hall in Ely, a town of 4,000 in eastern Nevada, is on track to be taken over by new ownership headed by... more
Debra Nutton’s path to Gaming Hall of Fame started in craps
Debra Nutton was studying to be a nurse when fate intervened. Why not try her hand at being a craps dealer? It was the early 1980s and... more
Gaming industry embraces Responsible Gaming Education Month
For many operators, responsible gaming requires a commitment to let wagerers know it is best to gamble within their means. But the focus on... more
Bally’s bails on Pennsylvania project
Late in the business day on September 13, Bally’s Corp. and SC Gaming terminated their agreement to build a satellite casino at Nittany... more
Flutter makes $350 million commitment to Brazilian market
Flutter Entertainment entered the Brazilian igaming market today by dint of purchasing most of NSX Group for $350 million. The all-cash... more
Nevada regulators: Player’s 2022 NFL bet won’t be paid, even though it won
A Nevada bettor learned a hard lesson about house rules. Even though he correctly picked an NFL over for team wins during a season, he... more
Money rolls in on U.S. Congressional election bets after judge clears the way; CFTC pledges challenge
ATLANTIC CITY, N.J. (AP) — People began betting Thursday on which political party would win control of Congress in the November elections... more
AGA’s $35B NFL wagering estimate reflects bettors migrating to the legal market
This year the American Gaming Association projects there will be $35 billion – yes, billion – wagered on National Football League... more
Nevada regulators address shortage of armed casino security following federal rule change
A shortage of armed security officers at Las Vegas casinos is on track to be resolved next month after action taken Wednesday by the Nevada... more
GLPI completes land acquisition for Bally’s Chicago casino
Gaming and Leisure Properties, Inc. (GLPI), announced Wednesday that it completed a $250 million acquisition of the land on which Bally’s... more
Great Canadian Entertainment to sell second British Columbia casino to Snuneymuxw First Nation
Fresh off a deal in June to sell Casino Nanaimo on Vancouver Island to Petroglyph Development Group Ltd. (PDG), Great Canadian... more
Fitch unfazed by IGT debt issue
On September 10, the London office of International Game Technology (IGT) announced the issuance of senior secured notes on the Dublin... more
Responsible gaming informs Alan Feldman’s Hall of Fame career
When Alan Feldman got the call from American Gaming Association President and CEO Bill Miller, he thought it might be about a project... more
Wynn issues $800 million public offering days after forfeiting $130 million to settle federal criminal allegations
Four days ago, Wynn Resorts said it will forfeit $130 million to the federal government to settle criminal allegations that it conspired... more
Las Vegas gaming execs join fundraising event to combat childhood cancer
For most of his adult life, Mark Morton has had a full head of hair. That will change this weekend when Morton gets clipped for a good... more
China’s Football Association bans 43 people for life after corruption investigation
DALIAN, China (AP) — China’s Football Association has banned 43 people for life over allegations of match-fixing and other forms of... more
Penn CEO buys company shares worth $1 million
Jay Snowden, the CEO of gambling and entertainment operator Penn Entertainment, has bought company shares worth $1 million, according to a... more
Analyst: Macau’s slow September start predictable
With no more summer holidays, September’s slow start in Macau’s casinos is expected, according to Jefferies Equity Research analyst... more
New York sportsbooks prevail over low hold
Online sports betting handle surged 29 percent and revenue was up 27 percent in an August, despite a low 8.7 percent hold. Sportsbooks... more
Stephen Thayer named new GM of Palms Casino Resort in Las Vegas
The San Manuel Gaming and Hospitality Authority Monday introduced Stephen Thayer as the general manager of Palms Casino Resort in Las... more
Analyst: Dragon Train powers Light & Wonder momentum
Jefferies Equity Research analyst David Katz found additional evidence for his bull-market case on gamemaker Light & Wonder. In a Sept.... more
Investors remain concerned about Las Vegas year-over-year comps through 2024
Though investors are concerned that the most recent gaming revenue report showing a year-over-year decline could continue through the end... more
Ahead of likely Alberta expansion, NorthStar debuts improvements to igaming platform
NorthStar Gaming has announced a series of enhancements to its NorthStar Bets online-betting platform, as the Ontario market becomes even... more
Nevada gaming regulators try to deal with federal reduction of armed casino security
With the state’s casinos contending with a reduction of armed security, the Nevada Gaming Control Board will consider amending state... more
Sports betting firm Bet365 fined $33K for taking bets after outcomes were known
ATLANTIC CITY, N.J. (AP) — New Jersey gambling regulators have levied a $33,000 fine on sports betting company bet365 for taking wagers... more
White Hat Studios introduces House of Brands in seven U.S. igaming states
This year, White Hat Studios made history by becoming the first supplier to enter all seven regulated US igaming markets after launching in... more
Borgata, Atlantic City’s top casino, underpaid its online gambling taxes by $1.1M, regulators say
ATLANTIC CITY, N.J. (AP) — New Jersey gambling regulators say Atlantic City’s top-performing casino, the Borgata, underpaid some of its... more
Analyst: Volatility past, growth ahead for gambling.com
In a Thursday investor note, Jefferies Equity Research analyst David Katz charted a promising future for gambling.com Group. The... more
Analyst: Wynn stock represents a “good risk-reward”
J.P. Morgan analyst Joseph Greff cautioned investors not to be fooled by the underperformance of Wynn Resorts stock. It “represents a... more
UAW, others boost efforts for smoke-free air in New Jersey casinos
Calling smoking in New Jersey casinos a “a moral, health, and safety issue,” a United Auto Workers leader, representing casino... more
Rivalry focuses on crypto gains with Q2 financial results
Toronto-based esports betting operator Rivalry Corp. released its second-quarter 2024 results for the period ended June 30, reporting a... more
Quixant to unveil products at Global Gaming Expo in Las Vegas
Quixant Wednesday announced its plans for the Global Gaming Expo in Las Vegas. October 8-10, the Quixant team will showcase breakthroughs... more
Judge allows smoking to continue in Atlantic City casinos, dealing blow to workers
ATLANTIC CITY, N.J. (AP) — A judge on Friday allowed smoking to continue in Atlantic City’s casinos, giving some measure of relief to... more
Indian Gaming Association’s mid-year conference to tackle cannabis, green energy, AI
The Indian Gaming Association will host its Mid-Year Conference & Expo in mid-September in Washington state with a focus on cannabis... more
TribalNet gearing up to celebrate 25th anniversary at Las Vegas conference
The TribalNet Conference & Tradeshow is celebrating its 25th annual event this year in Las Vegas and is on track to set a record for... more
Strong Labor Day weekend in Las Vegas to make up for Strip’s poor July gaming numbers
A slight drop in July tourism numbers and a 15% decrease in gaming revenue in Las Vegas aren’t slowing expectations for a strong... more
Gaming faces both setbacks and advances in three statehouses
Brendan Bussmann, founder of the B Global consultancy, gave one of his periodic legislative updates Wednesday. It came at the tail end of a... more
AGEM names Daron Dorsey president and CEO, makes significant changes
The Association of Gaming Equipment Manufacturers Wednesday announced it is changing its structure and operations, including the... more
Judge declares Macau candidacy, no friend of casinos
Sam Hou Fai, chief justice of Macau, has resigned his post and announced his candidacy to become the next chief justice of the Chinese... more
Mass-market players flock back to Macau
Play by mass-market gamblers in Macau exceeded pre-pandemic volume during April through June of 2024. It is now at 118 percent of pre-COVID... more
Sharp decline in baccarat lowers Strip gaming win in July
Facing a sharp drop in baccarat hold compared to July 2023, which was the second highest month for gaming win of all time, the Las Vegas... more
American Gaming Association survey points to Americans’ embrace of gaming
Americans are embracing casino gaming and sports betting as acceptable forms of entertainment, according to a new consumer survey by the... more
Q&A: Law firm with betting and gaming expertise opens Calgary office ahead of regulated commercial market in Alberta
With the opening of a regulated online gaming market in Alberta coming up, possibly as soon as early 2025, Segev LLP has announced the... more
Wall Street Bets: Analysts take on ESPN Bet, LV Strip room rates, New York OSB
Penn Entertainment enters football season Jeffries analyst David Katz August 25 looked at how the impending football season will affect... more
Red Rock Resorts set to open first of seven Vegas taverns
Red Rock Resorts is on tap to open its first Las Vegas neighborhood tavern by the end of September, with six more on the horizon, as it... more
Second-quarter affiliate earnings roundup: Better Collective, Gambling.com, Catena Media
A roundup of the latest financial results of three of the United States’ largest gambling marketing affiliates – Better... more
Nevada: New owners making major capex investment in two Mesquite casinos
The new ownership group of the Casablanca Resort and Virgin River Hotel & Casino in Mesquite Thursday outlined improvements to their... more
Nevada Gaming Commission approves half-billion-dollar distribution of Venetian/Palazzo profits
The Venetian Las Vegas is doing so well under Apollo Global Management that the Nevada Gaming Commission Thursday signed off on the private... more
NFL extends partnership with $6.4 grant to National Council on Problem Gambling
The National Football League Thursday announced an extended partnership with the National Council on Problem Gambling to support problem... more
Atlantic City casino earnings declined by 1.3% in 2nd quarter of 2024
ATLANTIC CITY, N.J. (AP) — Atlantic City’s casinos and two internet-only gambling entities saw their collective earnings decline by... more
Might Nevada wagering accounts expand to non-casino activities? Regulators consider.
Nevada gaming regulators are supportive of allowing gamblers to use their wagering accounts to make purchases at restaurants, retail... more
Missouri: Campaign to bring casino to Lake of the Ozarks sues to get measure on ballot
JEFFERSON CITY, Mo. (AP) — A campaign to bring a casino to the Missouri tourist destination of the Lake of the Ozarks on Tuesday sued to... more
Pennsylvania: Gaming revenue reaches $500 million in July
The Pennsylvania Gaming Control Board Tuesday reported revenue of $500.7 million from all forms of gambling in July, a year-over-year... more
Expectations lower for gaming stocks the rest of 2024: analyst
J.P. Morgan issued a note to gaming investors Monday citing “decelerating trends as consumer spending and macro economy slow.” Those... more
Optimove report shows NFL bettors plan to wager more in 2024
As bettors get ready for the 2024 NFL season, there are myriad decisions that need to be made, from the frequency of wagering to how much... more
NorthStar reports record wagers, revenue and gross margin for Q2 2024
NorthStar Gaming Holdings is the latest company to be looking west, as Alberta ramps up toward a market launch, reporting significant... more
Analyst: Promos dampen Macau outlook
Gambling revenue in Macau is heading into a gentle September decline prior to reviving for the Golden Week holidays. That’s the forecast... more
Wall Street Bets: Analysts take on LV Strip 2Q24, Macau’s summer, MGM joint venture, Gambling.com
Las Vegas Strip and beyond J.P. Morgan analyst Joseph Greff, in an August 19 note, looked at the Las Vegas Strip. “The Las Vegas Strip... more
Evoke revenue falls to $1.1 billion in the first half of 2024
Evoke plc has reported £862.0 million ($1.1 billion) in revenue for the first half of 2024, representing a 2 percent decline from the same... more
Tribal gaming well positioned after new regulations and Supreme Court ruling
With new federal regulations and assistance from the U.S. Supreme Court, Indian gaming is positioned for online-gaming expansion and... more
Analyst high on Penn Entertainment and ESPN Bet
Penn Entertainment “grows ever closer to introducing ESPN Bet enhancements to the market as makes strides toward realizing the full... more
Louisiana gaming revenues fall again in July vs 2023
The Louisiana Gaming Control Board Thursday reported revenue of $180.8 million from all forms of gaming, a year-over-year decrease of 6%.... more
PointsBet Canada and Super Group latest to announce Alberta plans
Super Group’s sportsbook brand Betway will continue to operate in Ontario, despite the news they’re shutting down operations in the... more
Nevada Gaming Control Board files complaint against Resorts World alleging catering to illegal bookmakers
The Nevada Gaming Control Board filed a disciplinary complaint Thursday against Resorts World Las Vegas and its agents and affiliated... more
According to AGA report, gaming revenue continues to rise in the second quarter
According to the American Gaming Association, revenue from commercial gaming reached $17.63 billion in the second quarter of 2024. It’s... more
Wall Street reacts to DraftKings’s retreat from winning-bet surcharges
Shares of DraftKings rebounded on Wall Street on Wednesday morning, spiking as high as $33.50 per share in early trading. The recovery... more
U.S. casino traffic moves modestly upward in July, Jefferies analyst says
Foot traffic at U.S. casinos rose 2.4 percent in July, according to Jefferies Equity Research analyst David Katz. It lagged July 2019... more
FanDuel rules out imposing winning-bet surcharge, leading DraftKings to drop its plans
Top executives of FanDuel parent Flutter Entertainment spoke mostly in generalities during Tuesday’s second-quarter earnings call. But... more
Mohegan 3Q report: digital revenues see triple-digit growth
Mohegan Tribal Gaming Authority is reporting 151.3 percent year-over-year growth in net revenues ($41.8 million), according to... more
Patrice Kunesh nominated as NIGC chairwoman
President Joe Biden has nominated Patrice H. Kunesh, who has extensive background in tribal, state and federal service, as chairwoman of... more
High hold, handle, revenue mark New York OSB
Wagers in excess of $1.2 billion helped drive online sports betting in New York State in July. OSB providers’ revenue totaled... more
Analyst: August in Macau “largely as expected”
Calling Macanese casino business in the first weeks of “largely as expected,” Jefferies Equity Research analyst Andrew Lee noted an... more
How times have changed: Reflecting on 35 years of GLI and 30 years of GLI Australia
“I’d better buy a cake and some ribbon,” laughs Ian Hughes as he looks ahead to next week’s Australasian Gaming Expo in Sydney and,... more
Rush Street insider sales blunt investor confidence
The stock price for Rush Street Interactive has fallen by double digits, following a series of insider transactions that were made on the... more
Golden blames lower-tier customers for decline in Q2 casino revenue
Golden Entertainment reported decreases in revenue in its Nevada hotel-casinos, while its tavern business was impacted by the Vegas Golden... more
Nevada sportsbooks can rescind past-posted wagers on their own under new rule recommendation
Nevada regulators moved ahead with a new rule that enables sportsbooks to cancel wagers made after the event outcome is known. The Nevada... more
Trustly’s next bet: Bringing cashless-payment ease to casino floors
With all the excitement that comes with a trip to the casino, there’s an accompanying inconvenience: carrying cash. Before players even... more
Penn Entertainment signals progress as football season approaches
Football season won’t make or break Penn Entertainment. But during Thursday’s 2Q24 earnings call, it was clear that Penn’s... more
Nevada gaming regulators okay Red Rock Resorts getting into the tavern business
Nevada regulators are paving the way for Red Rock Resorts to get into the tavern gaming business, where they will compete in Las Vegas... more
Venetian owners on track to take $550 million distribution
The owners of the Venetian on the Las Vegas Strip have cleared a hurdle for taking $550 million in cash from the property as part of a... more
Light & Wonder execs exuberant over second-quarter earnings
Hailing “exceptional results” in the second quarter of 2024, Light & Wonder CEO Matt Wilson told Wall Street analysts his company... more
AGS stockholders approve sale to Brightstar Capital Partners
AGS Wednesday announced that at a special meeting August 6, 2024, stockholders voted to approve the company’s acquisition by affiliates... more
Mohegan appoints Joseph J. Hasson chief operating officer
Mohegan Gaming Wednesday appointed Joseph J. Hasson as chief operating officer. Hasson will oversee the development and execution of short-... more
Wynn touts growth opportunities in Las Vegas, UAE, Thailand
As construction continues on the $3.9 billion Wynn Al Marjan integrated resort in the United Arab Emirates, Wynn Resorts touted future... more
Full House execs sanguine about Chamonix
Full House Resorts held its second-quarter earnings call from its new Chamonix Casino Hotel in Cripple Creek, Colorado. That property also... more
Canadian Gaming Association president: Will retail sportsbooks get more of a boost in Alberta?
Last week in an interview with CDC Gaming, the Hon. Dale Nally, Minister of Service and Red Tape Reduction for the Province of Alberta,... more
Investors largely frown on a DraftKings surcharge
Sixty percent of investors surveyed by Jefferies Equity Research disapprove of DraftKings’s newly announced (but not yet implemented)... more
Hospitality union with 100K casino worker members endorses Harris, dismissing Trump’s pledge of tax-free tips
WASHINGTON (AP) — The hospitality workers’ union UNITE HERE has endorsed Vice President Kamala Harris for president, a rejoinder to... more
Wall Street Bets: Analysts take on DraftKings surcharge, AGS price target, Macau
DraftKings surcharge DraftKings’ announcement it was going to charge a surcharge on certain wagers attracted the attention of Wall... more
Analyst: Macau’s crackdown on money exchange having impact
A government crackdown on illegal money exchanges is depressing gambling volume in Macau. That was one of the conclusions of Jefferies... more
Indian country weighs impact on tribal gaming regulations of Supreme Court’s Chevron decision
The recent Supreme Court decision overturning a legal standard that gave federal agencies the authority to interpret statutes has Indian... more
DraftKings gambles that bettors won’t mind surcharge
DraftKings is wagering that bettors won’t mind sharing its tax burden. During Friday’s 2Q24 earnings call, DraftKings CEO and... more
Las Vegas Strip in a good position through 2025, analysts agree
Las Vegas tourism is on fire and Wall Street analysts don’t see that slowing down through 2025. Thanks to gaming revenue reports and... more
Cherokee Nation asks Arkansas Supreme Court to disqualify ballot measure that would block planned casino
LITTLE ROCK, Ark. (AP) — Opponents of a proposal to block a planned casino in Arkansas asked the state Supreme Court Thursday to... more
Caesars to sell World Series of Poker brand to NSUS Group for $500 million
Caesars Entertainment Thursday announced the sale of its intellectual-property rights for the World Series of Poker brand to NSUS Group,... more
DraftKings to repurchase stock after quarterly increase in revenue
DraftKings Thursday reported revenue of $1.104 billion in 2Q24, an increase of $230 million, or 26%, compared to $875 million year over... more
VICI passes on Indiana racinos
VICI Properties will not exercise its option on a pair of Indiana racinos owned by Caesars Entertainment. That was the main topic of... more
Rush Street’s second-quarter performance indicates growth
Online casino and sports-betting operator Rush Street Interactive’s (RSI) second quarter 2024 report won’t blow anyone away. The... more
VICI increases contribution to Venetian
VICI Properties announced second-quarter revenue of $957 million, an increase of of 6.6 percent from the year before. The disclosure was... more
MGM posts good results, looks forward to Formula 1 2024 in Las Vegas
With financial results at an all-time high, there seems to be little for MGM Resorts International to worry about: the operator reported... more
Bally’s execs mum on merger, buyout during earnings call
Top executives of Bally’s Corp. took no questions and gave little color concerning the company’s recently announced merger with The... more
Nevada: First half of year finishes on strong note
Nevada closed out the first half of 2024 with gains in gaming revenue in Las Vegas, though the northern part of the state struggled. Nevada... more
Caesars touts World Series of Poker and its strong Las Vegas performance
Caesars Entertainment executives Tuesday touted a record World Series of Poker financial windfall and expect a strong second half of the... more
As Alberta rolls toward commercial online gaming market, focus turns to responsible gaming
What’s the big question for people following what’s happening in Alberta, now that the government there has committed to roll out an... more
Accel Entertainment results looking up in Q2
Illinois-based video-gaming-terminal provider, Accel Entertainment, on its earning call Tuesday announced record net revenue of $309.4... more
Pennsylvania casinos ask court to force state to tax skill games found in stores equally to slots
HARRISBURG, Pa. (AP) — The owners of twelve Pennsylvania casinos have asked the state’s highest court to declare that a tax on slot... more
IGT earnings call focuses on future of company
IGT’s impending sale of its gaming and digital businesses to Apollo Global Management dominated Tuesday’s investor call. IGT CEO Vince... more
Technology-focused TribalNet conference set for Las Vegas in mid-September
The TribalNet Conference & Tradeshow is returning to Las Vegas for its 25th annual iteration that’s expected to set another... more
UAE’s licensing procedures should ease concerns about investing in integrated resorts, analyst says
The United Arab Emirates’ launch of its website detailing commercial gaming licensing procedures should help ease any investor concerns... more
Monarch Casino & Resort achieves record second-quarter revenue
Monarch Casino & Resort has generated record-breaking net revenue and EBITDA results for the second quarter, with net revenues up 3.6... more
New York bill seeks to extend retail gambling ad restrictions to online sportsbooks
New York Assemblyman Clyde Vanel has introduced Bill A10658, which aims to extend the state’s advertising restrictions for retail... more
Dominant U.S. basketball, soccer teams driving high betting interest on Olympics
ATLANTIC CITY, N.J. (AP) — Sports books say they expect strong betting interest in this year’s Olympics, driven by dominant U.S.... more
Apollo buys IGT Gaming and Everi all at once
Although International Game Technology (IGT) had been scheduled to merge with Everi Holdings later this year, that transaction was... more
Stakelogic to be sold to Sega Sammy Holdings
Dutch game developer Stakelogic Friday announced an agreement to sell 100% of its equity shares to Japanese entertainment conglomerate Sega... more
GLPI plans business as usual in wake of Bally’s transaction
Gaming and Leisure Properties was prepared for another run-of-the-mill investor’s call Friday when its world exploded Thursday with the... more
Nevada regulators grill Penn Entertainment over compliance issues
Nevada gaming regulators Thursday chastised Penn Entertainment executives over nationwide compliance issues dealing with minors in their... more
With Alberta heading toward an open online gaming market, what’s going on in Quebec?
The Quebec Online Gaming Coalition, comprising Betway, Bet99, DraftKings, Entain, Flutter, Games Global, and Rush Street Interactive... more
GLPI delivers record financial results
Gaming and Leisure Properties Inc. Thursday announced revenue of $380.6 million for the 2Q24 compared to 356.6 million for the same period... more
Churchill Downs record results fine, but more work ahead
After record quarterly results, it would be natural for Churchill Downs CEO Bill Carstanjen to take a victory lap. Churchill Downs... more
Churchill Downs reports record revenue for 2Q24
Churchill Downs Wednesday reported revenue of $890.7 million for the second quarter of 2024, an all-time record according to a release. The... more
Bally’s accepts takeover bid from Standard General
Days before its second-quarter earnings release, Bally’s Corp. accepted a buyout offer from Chairman Soo Kim’s Standard General hedge... more
Sands executives optimistic after Singapore and Macau renovations complete
Las Vegas Sands Corp. traded lower Wednesday in post market trading, with revenue gains falling short of market expectations. Net revenue... more
NCLGS: If sports wagering is to progress, bettors need to be heard from
The roster for the National Council of Legislators From Gaming States’s (NCLGS) panel discussion “Making a Living off the Odds”... more
World Wide Web inventor Sir Tim Berners-Lee to appear at SBC Summit in Lisbon
SBC Summit 2024 this week announced that World Wide Web inventor Sir Tim Berners-Lee will speak at the event during a fireside chat... more
Igaming Ontario Q1 FY 2024-25 report: Wagers and revenue continue to climb
Ontario’s FY 2024-25 Q1 (April 1 to June 30) market-performance report, released today by iGaming Ontario, shows a continuation in wager... more
NCLGS: Online lottery operations open potential growth, pitfalls for states
Government-run lotteries, which helped fund construction of China’s Great Wall, now contend with far more than determining which tickets... more
Durango Casino upcoming expansion focus of Red Rock Resorts earnings call
Durango Casino & Resort is slated to start an expansion by the end of the year, fueled by its successful opening in December that has... more
NCLGS: Cracking down on gray-market slots no easy task
Understaffed police forces, reluctant prosecutors, and legal loopholes contribute to the flourishing of “gray market” slot machines... more
Former Penn Entertainment executive named Chief Operating Officer of Topgolf
Topgolf has announced in a press release that Erin Chamberlin, Senior Vice President of Regional Operations at Penn Entertainment, started... more
Casino earnings season kicks off Tuesday with Red Rock Resorts
Second-quarter earnings for the gaming industry kick off Tuesday when Red Rock Resorts reports how its Las Vegas casinos are faring, while... more
NCLGS: Open communication with tribes benefits all
Tribes in several states are likely to propose mobile-betting arrangements similar to the hub-and-spoke system recently implemented in... more
Analyst: Sports betting up significantly and growing
Gross gaming revenue for online sports betting (OSB) jumped 25 percent in Q2 of 2024, according to Jefferies Equity Research analyst James... more
Entain CEO appointment ‘positive,’ analyst says
In an announcement made over the weekend, Gavin Isaacs has been tapped as the new CEO of Entain. Interim CEO Stella David will transfer to... more
Preparations ramp up as G2E approaches
At last year’s Global Gaming Expo, Jonathan Michaels estimates he had 55-60 meetings over four days. “There were a lot of things that... more
Philippine president orders shutdown of Chinese-run online gambling outfits employing thousands.
MANILA, Philippines (AP) — President Ferdinand Marcos Jr. on Monday ordered an immediate ban on widespread and mostly Chinese-run online... more
Hard Rock to donate artifacts from The Mirage to Las Vegas’s Neon Museum
Hard Rock International will donate several artifacts from the Mirage Hotel and Casino to the Neon Museum in Las Vegas. The donation is in... more
NCLGS: Pennsylvania encounters potholes in road to skill-game regulation
Budget discussions, a Supreme Court case, and a fall in lottery sales have complicated Pennsylvania’s efforts to regulate slot-like skill... more
Rush Street’s top 10 casino games in Delaware as market reports another revenue increase
As reported in CDC Gaming’s ‘Igaming Focus’ last week, Rush Street Interactive (RSI) is said to be gearing up for a sale.... more
NCLGS: Growth of unregulated games threatens public trust, RG efforts, state operations
The growth of unregulated gambling, from so-called skill games to online sweepstakes casinos, threatens to erode public trust in licensed... more
NCLGS: Operators argue their case that taxation needs to be fair, competitive
The panel title was “Just the Facts, Ma’am,” the topic whether gaming companies are living up to their tax obligations. If... more
Casino Marketing & Technology Conference: Janet Hawk on host, monotasking, break points
The final day of the annual Casino Marketing & Technology conference has always been earmarked for host and player-development issues.... more
Casino Marketing & Technology Conference: Steve Browne on creating casino value
When it comes to advocating for player development, no one has had a louder voice than Steve Browne’s. Literally. While he uses a... more
Analyst: North American igaming projected to end 2024 up 30% and slow in 2025
A Wall Street analyst forecast 30% growth in North American online gaming revenue by the of 2024, followed by slower growth in 2025,... more
NCLGS: Panelists insist legalizing igaming will be a winning proposition for jurisdictions
When the Professional and Amateur Sports Protection Act was repealed in 2018, it opened the floodgates for legal retail and online sports... more
NCLGS: Pittsburgh Pirates owner appreciates the complexity of gaming issues
Pittsburgh Pirates owner and Chairman Bob Nutting wasn’t listed on the original schedule for the National Council of Legislators from... more
NCLGS: Backers of smoke-free casinos see progress in Pennsylvania, other fronts
Fighting to make more casinos smoke free is like chipping away at a boulder, Bronson Frick says. Small cracks here and there eventually... more
Evolution subsidiary enters agreement to acquire Las Vegas-based Galaxy Gaming for $85 million
Las Vegas-based Galaxy Gaming, a developer and distributor of casino table games and technology solutions, announced on Thursday that it... more
Pennsylvania: June gaming revenue up 7.15% year-over-year
The Pennsylvania Gaming Control Board on Thursday reported $471.9 million in gaming revenue in June, a year-over-year increase of 7.15... more
Gaming sector underperforming, Truist analyst says
In a wide-ranging preview of second-quarter earnings, Truist Securities analyst Barry Jonas opined that the casino sector “continues to... more
NCLGS Summer Meeting kicks off by noting event’s growth
National Council of Legislators from Gaming States President Shawn Fluharty on Thursday morning got the organization’s Summer Meeting... more
Bulldozers arrive at Mirage, demolition starts next week
Now that the Mirage has shuttered on the Strip, Hard Rock International wasted little time moving bulldozers onto the site later on... more
NCLGS: Responsible-gaming panel examines benefits, pitfalls of self-exclusion programs
In Rhode Island, people on voluntary self-exclusion (VSE) lists must go to a therapist to be able to gamble again. In other jurisdictions,... more
The Mirage closes Wednesday morning to pomp, circumstance, one final eruption
The Mirage volcano spewed lava and steam one last time Wednesday morning to mark a celebratory yet bittersweet end of an era on the Las... more
Marketer on the verge of Nasdaq delisting
Sports-betting affiliate SharpLink informed investors this morning that it was out of compliance for Nasdaq listing. According to Listing... more
Michigan Gaming Control Board refutes legitimacy of skill games
The Michigan Gaming Control Board issued a statement Tuesday refuting assertions questioning the legitimacy of its efforts to protect... more
Rally outside legislators conference to support smokefree casinos
Casino workers and customers, along with health-care advocates, will rally Thursday in Pittsburgh to support eliminating smoking on gaming... more
New Jersey sports betting revenue down 24% at casinos, and 9.5% overall in June
ATLANTIC CITY, N.J. (AP) — New Jersey’s casinos saw their sports betting revenue decline by nearly 24% in June, and sports betting... more
American casinos: Foot traffic, revenue up year over year
In a Sunday investor note, Jefferies Equity Research analyst David Katz began by observing that foot traffic to American casinos is higher... more
Analysts applaud Bally’s deal
Both Jefferies Equity Research analyst David Katz and Truist Securities stock-cruncher Barry Jonas were full of praise for the transaction... more
Wall Street Bets: Analyst look at Bally’s/GLPI deal, Wynn Resorts, casino foot traffic
Bally’s/GLPI Wall Street analysts scrutinized Bally’s July 12 announcement that Gaming and Leisure Properties (GLPI) had... more
Sports betting “an increasingly competitive space,” analyst says
In a Friday investor note, Truist Securities analyst Barry Jonas grappled with the issue of the pricing of online sports betting. Jonas... more
Nevada regulators shelve past-posting rescission rule for sportsbooks
A proposed rule change that would make it easier for Nevada sportsbooks to cancel past-posted wagers will have to wait. The issue was on... more
The Mirage to host ceremony before closing Wednesday morning
The Mirage Hotel & Casino will host a closing ceremony Wednesday two hours before the iconic Strip resort closes. Unlike the Tropicana... more
Inventor remains steadfast his Smart Chip Tray invention will change casino industry
Darrell Ratliff describes himself as a problem solver. He is also a survivor, having endured a bout with cancer and more disappointments... more
Analyst: GLPI “taking an active role” at Bally’s
Gaming & Leisure Properties Inc. won’t be a passive investor in $1.8 billion Bally’s Chicago, according to Deutsche Bank analyst... more
Advantages of free play to casinos overstated, according to recent study
Free play has long been a staple of casino promotions. It’s not unusual to find patrons queued in long lines waiting to swipe loyalty... more
Analyst optimistic on Las Vegas second-quarter earnings
Wall Street analyst David Katz has “more bullish expectations” for second-quarter earnings, based on strength in Las Vegas, as... more
MGM positioned for attractive returns on investment, analyst says
J.P. Morgan analyst Joseph Greff, in a midnight investor note, called the risk/reward scenario on MGM Resorts International stock... more
Golden Entertainment’s Strat could benefit from Mirage closing
CBRE has lowered its second-quarter earnings estimate for Golden Entertainment, due to strong competition in the Las Vegas locals’... more
Analyst: Wynn Resorts looks solid for second quarter
Ahead of the release of Wynn Resorts’s second-quarter earnings, Deutsche Bank is trimming its forecasts for Wynn Macau, while raising its... more
Analyst bullish on Black Hawk
Jefferies Equity Research analyst David Katz came away from a tour of the casinos in Black Hawk, Colorado, saying the gambling halls... more
Golden Nugget Lake Tahoe hotel renovations set to begin
The Golden Nugget Lake Tahoe Hotel and Casino is moving ahead with major renovations under its new owner, billionaire Tilman Fertitta. Last... more
Iowa sports betting revenue up 15.9 percent from last June, casinos down slightly
The Iowa Racing and Gaming Commission released its June gaming report, covering the revenue results for the state’s 18 land-based casinos... more
Nevada: Expedited gaming-license transfer applauded for saving jobs
Fourteen months after fast-tracking a transfer of gaming licenses at five truck stops to avoid their shutdown, Nevada gaming regulators... more
American Gaming Association announces 2024 Gaming Hall of Fame inductees
The American Gaming Association Wednesday announced the Gaming Hall of Fame Class of 2024, honoring three individuals for their... more
Ex-NBA player Jontay pleads guilty in case tied to gambling scandal that tanked his career
NEW YORK (AP) — Former NBA player Jontay Porter on Wednesday pleaded guilty to conspiracy to commit wire fraud in a federal criminal case... more
Analyst: Trends boost Everi estimates
After meeting with management of Everi Holdings, Jefferies Equity Research analyst David Katz raised his projections for the... more
Tony Hawk to deliver keynote address at SBC Summit
The upcoming SBC Summit in Lisbon will feature a drop-in by one of skateboarding’s most iconic athletes. Tony Hawk will deliver a keynote... more
Nominations open for CDC Gaming/Global Gaming Women’s 10 Women Rising in Gaming honors
The third edition of CDC Gaming and Global Gaming Women’s honors recognizing the achievements of women in the gaming industry is... more
Investors focus on FanDuel and DraftKings among igaming, sports betting operators, analysts say
FanDuel and DraftKings are the top stocks investors are asking about as they survey the sports betting and igaming landscape, according to... more
New Jersey fines DraftKings $100K for reporting inaccurate sports betting data to the state
ATLANTIC CITY, N.J. (AP) — In one of the most sternly worded rebukes they have ever issued, New Jersey gambling regulators have fined... more
Analyst: Macau’s temporary down swing not unexpected
Macau’s gambling revenue is on a downward trend in early July, wrote Jefferies Equity Research analyst Andrew Lee. Mass-market gambling... more
New York sports betting revenue surges again
Despite a lower-than-usual 9.1 percent hold, the online sports betting win in New York State leapt 29 percent in June. The Empire... more
Nevada sportsbooks: Quicker path to rescind past-posted wagers under proposed regulation change
Nevada regulators are about to make it easier and quicker for the state’s sportsbooks to cancel wagers and not pay out winners if... more
Under the Boardwalk officials vow to address homelessness in Atlantic City
ATLANTIC CITY, N.J. (AP) — In a place with a long history of people living — and sometimes dying — under the Boardwalk, Atlantic City... more
Caesars buys Australian tech firm
Venturing Down Under, Caesars Entertainment today announced that it had purchased Australia-based technology firm ZeroFlucs Group Pty Ltd.... more
Virginia: Rivers Casino Portsmouth fined $545,000
After negotiations with the Virginia Lottery, Rivers Casino Portsmouth has agreed to pay a $545,000 fine to settle multiple compliance and... more
Analyst: Closure of Mirage and Tropicana “earnings catalyst” for mid-tier Strip properties
A Wall Street analyst said the closing on July 17 of The Mirage, combined with the already-closed Tropicana, should catalyze higher rates... more
Aristocrat Interactive and Hard Rock Digital to release of online games in New Jersey
Aristocrat Interactive and Hard Rock Digital Tuesday announced an agreement that will increase options for igaming players in New Jersey.... more
Oklahoma: Comanche Nation Casino reintroduces blackjack
Comanche Nation Casino in Lawton, Oklahoma, this week announced it’s reintroducing blackjack due to requests from patrons. “We listen... more
UK betting-app downloads spike in spring, summer of big sporting events
One in three Great Britons has downloaded a sports-betting application at some point, according to calculations by software manufacturer... more
Analyst: Macau surpassed lowered expectations for June
Jefferies Equity Research analyst David Katz called Macau casino revenues for June “modestly positive” for gaming stocks. “The June... more
Will Alberta be the next gold rush?
The big news that came out of the Canadian Gaming Summit in Toronto was the confirmation by Hon. Dale Nally, Alberta’s Minister of... more
Analysts: Strong Las Vegas Strip revenue in May bodes well for second-quarter earnings
A strong May for gaming revenue on the Las Vegas Strip bodes well for casino operators when they report their second-quarter earnings in... more
Kentucky judge keeps ban in place on slots-like ‘gray machines’
FRANKFORT, Ky. (AP) — Supporters of a Kentucky law banning slots-like machines scored a legal victory Friday when a judge kept in place a... more
How Ontario operators are capitalizing on digital casino’s dominance
When you look at the numbers, they really are staggering: The level that digital casinos dominate the Ontario igaming space, outpacing... more
Tribal-gaming revenue jumps $1 billion nationally in fiscal year 2023
Tribal-gaming revenue continues to skyrocket. The National Indian Gaming Commission Thursday released its fiscal-year 2023 gross gaming... more
Nevada sets May gaming revenue record
Nevada set a May record with $1.32 billion in gaming revenue. It was also the eighth highest total in history as the Strip continues to... more
Iowa: After long delays, Peninsula Pacific Entertainment, local partner to apply for Cedar Rapids casino license
Peninsula Pacific Entertainment (P2E) and the Linn County Gaming Association Wednesday announced they are jointly applying for a gaming... more
Supreme Court decision in Florida case won’t impact California tribes’ sports-betting timeline, leaders say
The U.S. Supreme Court decision upholding a ruling allowing a tribal-state compacts to include statewide online gaming won’t impact the... more
Aristocrat Interactive, featuring operations of Anaxi and NeoGames, formally launches today
In a presentation this week to investors, Aristocrat shared details of the launch of Aristocrat Interactive. First announced in May 2023... more
Analyst: Light & Wonder confident it can meet its targets
Jefferies Equity Research analyst David Katz voiced confidence in his estimates for Light & Wonder in an investor note released... more
Analyst: MGM advances digital strategy with Tipico acquisition
According to CBRE Research Director John DeCree, MGM Resorts International is advancing its digital strategy in acquiring the U.S. product... more
Las Vegas airport records second-highest all-time passenger count in May
The Las Vegas airport saw a 22% jump in international passengers in May that boosted its passenger count to 5.2 million, the second highest... more
What’s the status quo for sports betting and igaming in Canada?
It was interesting at last week’s Canadian Gaming Summit in Toronto to get an even clearer sense from industry leaders on how casino is... more
Great Canadian Entertainment sells Casino Nanaimo in British Columbia to First Nation
Great Canadian Entertainment Monday announced the signing of an agreement to sell its Casino Nanaimo property on Vancouver Island, British... more
Boyd Gaming’s play to acquire Penn Entertainment called “ridiculous”
Shares of Boyd Gaming have rebounded since a Reuters report surfaced Thursday of the Las Vegas-based company’s interest in acquiring... more
Tipico’s U.S. assets sold to MGM
MGM Resorts International, by way of its LeoVegas Group subsidiary, has purchased the software and technology constituting the U.S.... more
Wall Street Bets: Las Vegas Strip, Vici Properties, hotel rooms
Jefferies meeting In a June 23 note, Jefferies analyst David Katz wrote about the firm hosting 21 gaming, leisure, and lodging companies in... more
The godfather of slots: Brian Christopher and what he looks for in a casino partner
One of the highlights of the just-completed Canadian Gaming Summit in Toronto was a Q+A between Brian Christopher, one of the top... more
Las Vegas hospitality growth expected to continue, economist says
While gaming revenues in Las Vegas are expected to moderate, strength in hospitality, food, and beverage spending will continue to boost... more
Analyst: Boyd’s play for Penn “no surprise”
While professing to be unsurprised by a Boyd Gaming bid for Penn Entertainment, Deutsche Bank analyst Carlo Santarelli said he would be... more
Mirage room rates way down as property nears closure
The Mirage’s room rates have suffered a big drop as the iconic Las Vegas Strip resort nears its closing in mid-July. Hard Rock... more
Louisiana: Gaming revenue rises slightly in May
The Louisiana Gaming Control Board this week released its May gaming report, with revenue reaching $203.7 million, a slight year-over-year... more
Canadian Gaming Summit: Ontario market two years in
Insights from Ontario’s igaming power brokers on the state of the provincial market have become a staple in panel discussions at the... more
New Lake Tahoe casino opening this summer
The Nevada Gaming Commission has granted a license to revive a casino in Lake Tahoe that’s expected to open by early August. The license... more
MGM and Playtech partner to broadcast live casino content from Las Vegas
Hospitality giant MGM Resorts International and gaming software provider Playtech have agreed to launch a series of live casino game... more
Ontario sees job, revenue growth from regulated online gaming market
One thing PointsBet Canada CEO Scott Vanderwel emphasized Wednesday during a Canadian Gaming Summit panel discussion on the status quo of... more
Nevada: Olympia Gaming “cybersecurity event” affects payouts, rewards program
An on-site visit to Legends Bay Casino by CDC Gaming confirmed the recently reported cybersecurity event’s effect on operations at... more
Alberta minister: We want an open Ontario-style igaming market
Knowing the Canadian Gaming Summit panel discussion Wednesday morning with the Honorable Dale Nally, Minister of Service and Red Tape... more
Canadian Gaming Summit: Competition, enforcement and growth discussed
As Will Hill, executive director of the Canadian Lottery Coalition, said at the Canadian Gaming Summit, this year’s summit has a clear... more
Canadian Gaming Summit: Player protection processes vary across Canada, but commitment is consistent
Day 1 of the Canadian Gaming Summit on Tuesday revolved around player safety, featuring a Player Protection Symposium, then wrapping up the... more
Pennsylvania gaming revenue soars to $521 million in May
The Pennsylvania Gaming Control Board Tuesday reported $521 million in revenue from all forms of gambling in May, an 8.7% increase compared... more
Analyst: North Carolina boffo for online sports betting as USA enjoys a robust May
Only the state of New York recorded bigger numbers for online sports betting (OSB) in May than did North Carolina. This is according to a... more
BetMGM partners with social media slots influencer Brian Christopher
The profile of social media influencers in the gaming industry grew this week with the announcement that BetMGM has entered into a... more
Analyst: Seminole decision a ‘blueprint’ for California tribes
A Supreme Court ‘pass’ on intervening in the West Flagler Associates lawsuit against Florida’s Seminole Tribe “provides a blueprint... more
Massachusetts: May gaming revenue reaches $97.9 million, slight increase from April
The Massachusetts Gaming Commission this week reported gaming revenue of $97.9 million in May, a slight increase from the $97.5 million... more
Aruze granted gaming license approvals in seven jurisdictions, to open offices and distributorships
Aruze Gaming Global on Tuesday said it recently has been granted approvals for gaming licenses in Pennsylvania, Virginia, Saskatchewan,... more
U.S. Supreme Court refuses to take up challenge to Florida’s online sports betting compact
FORT LAUDERDALE, Fla. (AP) — The U.S. Supreme Court on Monday refused to take up a challenge to an agreement that gave the Seminole Tribe... more
Wall Street Bets: Penn Entertainment, New Jersey sports betting, Macau gaming
Penn Entertainment Penn Entertainment’s ongoing situation, with shares spiking after a letter from an activist investor, continues to... more
Analyst: Limited upside in Macau for U.S. companies
“Coming slower than expected” was Jefferies Equity Research analyst Andrew Lee’s take on the Macau casino market for June and July,... more
New Mavericks owners with Las Vegas Sands ties preach patience on gambling in Texas as they plan for new arena
DALLAS (AP) — New Dallas Mavericks governor Patrick Dumont, part of the two families with casino ties that bought the club late last... more
Major League Baseball umpire Pat Hoberg appealing discipline following sports betting investigation
NEW YORK (AP) — Major League Baseball plans to discipline umpire Pat Hoberg following an investigation into a potential violation of... more
New Jersey casino and sports betting revenue was nearly $510 million in May, up 8.3%
ATLANTIC CITY, N.J. (AP) — New Jersey’s casinos, horse tracks that take sports bets and their online partners won nearly $510 million... more
Light & Wonder approves $1 billion share repurchase program
Casino game provider Light & Wonder, formerly known as Scientific Games, has approved a three-year share repurchase program to... more
Analyst: Casino attendance up this year
Jefferies Equity Research analyst David Katz has concluded that casino foot traffic is higher in 2024 than in 2023 and noted that revenue... more
States bet on boosting taxes for online sports betting companies like DraftKings, FanDuel
NEW YORK (AP) — States are looking to increase their take from the $16 billion online sports gambling industry as it expands across the... more
Genius Sports and IBIA form a sports integrity partnership
Sports data company Genius Sports has become an associate member of the International Betting Integrity Association, a betting-integrity... more
Analyst: Macau revenue to slacken in June
Looking back on May and ahead to the end of June, Jefferies Equity Research analyst Andrew Lee predicted that “moderating revenue could... more
AGS GameON: Working together, back-of-house systems boost revenue
When operators study how to engage and excite players, back-of-the-house systems such as TITO printers and CMS are seldom front of mind.... more
High-end gaming continues to outpace lower tiers in Las Vegas
Las Vegas Strip executives say high-end gaming continues to outpace the lower tiers and the spread could widen even more for some... more
New York gaming shows stagnant land-based results amid record-breaking online sports betting numbers
A monthly report released by the New York State Gaming Commission shows the state’s land-based gross gambling revenue in May was $57.1... more
Wall Street Bets: Analysts take on Penn Entertainment, online sports betting
The fortunes of Penn Entertainment and online sports betting were noted by Wall Street analysts last week. Penn Entertainment Jefferies... more
Alberta’s push to open up online gambling market to regulated private-sector competition moves forward
The push toward a new igaming regulatory regime in Alberta seems to be progressing unabated. Last time we reported on this in March, Dale... more
UAE seen as “next gaming frontier” and “Las Vegas of the Middle East”
A new report from CBRE Capital Advisors dubbed the United Arab Emirates the “next gaming frontier” that could generate $8.5 billion,... more
Illinois casinos rebound in May
Casinos in Illinois broke a lengthy streak of same-store revenue declines last month. Two casinos, Bally’s in Chicago and Walker’s... more
AGS GameON: Online gaming offers chance for new entertainment options
Slot machines without reels. Funny sports videos. TV-style game shows. All are examples of how online casinos are offering new experiences... more
Loto-Québec heralds one of its best fiscal-year results in 20 years
At a time when Alberta is exploring an Ontario-style, competitive, regulated, igaming model, crown corporations across the country are... more
AGS GameOn: Sportsbook operators find pluses in state-by-state approach
Six years in, America’s sports-betting craze is exceeding expectations and still growing, executives of three major sportsbooks said... more
Penn unmoved by investor demands
Top executives of Penn National Gaming ignored a recent letter from activist investors during a meeting with J.P. Morgan analyst Joseph... more
Konami chairman tells Nevada regulators pandemic recovery complete; Caesars talks cybersecurity
The chairman of the board of the Konami Group told Nevada regulators Wednesday that he’s confident the gaming industry has fully... more
Birches Health founder cautions bettors on gambling risks during NBA Finals
It’s not a match-up that evokes the NBA’s most classic rivalries – Boston vs. Los Angeles, Golden State vs. Cleveland or Chicago vs.... more
AGS GameON: “Poor digital hygiene” keeps execs too busy “to think straight”
When you have to be at your smartest, leave your phone in another room. Research has proven that people score highest on intelligence tests... more
Raving 2025-26 conferences to be held at Pechanga Resort Casino
Raving, a Tribal gaming and hospitality company, Tuesday announced that its 2025 and 2026 conferences will be held at a single site, the... more
GambleAware collects $62.9 million in donations in past fiscal year
United Kingdom-based gambling charity GambleAware said it received £49.5 million ($63.2 million) in voluntary donations during its most... more
Analyst expects DraftKings stock to soar
Jefferies Equity Research analyst David Katz met with executives of DraftKings on Monday and found them “bullish,” despite last... more
MLB bans Tucupita Marcano for life for betting on baseball, four others get one-year suspensions
San Diego Padres infielder Tucupita Marcano was banned from baseball for life for betting on the sport and four others were suspended for... more
Las Vegas Sands: Londoner disrupting Macau results
Las Vegas Sands’s long-running renovation and reinvention of Sands Cotai Central into The Londoner is causing “disruption” in the... more
Venerable Louisiana riverboat casino to move ashore in Baton Rouge
Belle of Baton Rouge, 30-year-old sister ship to Queen Casino in Baton Rouge, is slated for replacement. Gaming & Leisure Properties... more
Analyst: Illinois sports betting tax hike could trigger other states to follow
A gaming analyst fears an Illinois tax hike for online sports betting could spread to other states, degrading the product and pushing... more
July closing of Mirage could boost room rates, benefit newer, nearby, and comparable properties, analysts say
The closure of the Mirage July 17 and the elimination of 3,000 rooms from the market will create opportunities for neighboring properties... more
Investor group blasts Penn strategy and CEO
Decrying “numerous failed investments and destruction of shareholder value,” the Donerail Group called out Penn Entertainment... more
Las Vegas airport sets April record with 4.88 million passengers
The Las Vegas airport set an all-time April record for passengers just as the state of Nevada set an all-time April high for gaming... more
Las Vegas: $100 million redo of Mandalay Bay Convention Center finished
MGM Resorts International on Thursday announced it has completed a $100 million makeover of the Mandalay Bay Convention Center. The remake... more
Analyst: Station, MGM both “positioned to outperform”
Training his crystal ball on the future of Las Vegas, Jefferies Equity Research analyst David Katz picked Station Casinos and MGM Resorts... more
Nevada’s record April gaming numbers bolster summer expectations: analysts
Las Vegas casinos, especially those serving higher-end customers, could be in for a good summer, if Nevada’s all-time April record... more
New GM of Mississippi casino moves downriver to Natchez from Vicksburg
Eugene Gibson has been appointed general manager of Magnolia Bluffs Casino Hotel, a property of Saratoga Casino Holdings. The Natchez,... more
Churchill Downs names Sam Ullrich vice president of investor relations
Churchill Downs Inc. announced Wednesday that Sam Ullrich has been named the company’s vice president of investor relations. In this... more
Nevada sets April gaming revenue record
Nevada gaming revenues set an all-time record for the month of April and increased nearly 7%, bolstered by big gains across the Las Vegas... more
Arizona: Sportsbooks reinvest heavily in promotions in March
Sportsbook revenue in Arizona increased eight percent in March to $57.4 million. Handle was $758 million, an 18 percent surge, and hold was... more
AGS offers broad look at gaming’s future at GameON conference
A neuroscientist, an executive coach, and a co-founder of a groundbreaking news site are among the speakers at next week’s GameON... more
Illinois tax boost takes immediate toll on DraftKings shares
According to J.P. Morgan analyst Joseph Greff, shares of DraftKings declined 11 percent in early trading Tuesday. He attributed the falloff... more
Analyst: More OSB tax hikes coming
Illinois isn’t the first state to raise taxes on online sports betting (OSB) purveyors and it won’t be the last. That was the... more
Las Vegas room rates trend up as summer visitors flock to the city
As Las Vegas handles a Memorial Day weekend crowd projected at nearly 350,000 visitors spending more than $430 million, surveys show room... more
G2E’s planning in full swing months ahead of schedule
Chances are many gaming industry personnel attending the Global Gaming Expo in October have yet to make travel plans. But for the show’s... more
The growing concerns about Canada’s Gen Zers, gambling, and mental health
One of the concerns that emerged from the Responsible Gambling Council’s three-day Discovery conference in Toronto in March was the... more
Analyst: Rent hikes coming to Caesars
Vici Properties is entering a “challenging market environment with few catalysts” for merger-and-acquisition activity. That’s the... more
Nevada regulators shoot down sports-betting-ticket resale operators
The Nevada Gaming Control Board Thursday shot down the idea of a sports-bet resale exchange more than two years after regulators forced... more
UK: Footballer charged with intentionally drawing yellow cards to influence betting outcomes
West Ham midfielder Lucas Paqueta was charged by English soccer authorities on Thursday after it was alleged the Brazil international... more
Analyst: AI coming to gaming forefront
DraftKings, Light & Wonder, and Station Casinos are leading the gaming sector in making use of artificial intelligence (AI), according... more
Playtech business update highlights solid 2024 performance to date
Gambling software developer Playtech has issued a trading update covering its performance in the first four months of 2024, reporting that... more
Atlantic City casino profits declined by nearly 10% in first quarter of 2024
ATLANTIC CITY, N.J. (AP) — Atlantic City’s casinos saw their collective profits decline by nearly 10% in the first quarter of this... more
Appeals court sends online gambling case against Apple, Meta and Google back to U.S. District Court
The Ninth Circuit Court of Appeals has allowed lawsuits against tech giants Apple, Meta and Google to proceed, Media Daily News has... more
SBC details revamped SBC Summit Americas conference for 2025
The recent SBC Summit North America attracted nearly 5,000 attendees, a high mark for the conference devoted to online sports betting and... more
Hard Rock denies reports of acquisition interest in Australia’s Star Entertainment
An “urgent” statement by Hard Rock International pushed back Monday afternoon against media reports of an attempted buyout of... more
“Size matters” in manufacturing sector, says analyst
Meeting with a quintet of gaming-equipment manufacturers during a recent pilgrimage to Las Vegas, Truist Securities analyst Barry Jonas... more
Better Collective acquires AceOdds for €42 million
Better Collective has acquired sports betting brand AceOdds for €42 million ($45.6 million) in an effort to become the “leading... more
Louisiana: April gaming revenue drops 8.0% to $184.3 million
The Louisiana Gaming Control Board Monday reported that April gaming revenue reached $184.3 million, a year-over-year decrease of 8.0%.... more
Minnesota legislative session ends without sports betting
The legislative session in Minnesota ended Sunday without consideration of legal sports betting. “We’re going to come up just short on... more
Wall Street Bets: Analysts take on Las Vegas, Sportradar, Gaming & Lodging markets, Gambling.com
Truist Securities’ Las Vegas meetings Truist Securities analyst Barry Jonas May 20 posted about recent meetings the company had in Las... more
Entain and Accel granted unlimited Nevada gaming licenses
Entain and Accel Entertainment have overcome their compliance issues and will operate with full licenses in Nevada going forward, just like... more
Las Vegas: Palms celebrates two years under San Manuel Band and continues transformation
The Palms Casino Resort is celebrating two years since it reopened as the first Native American-owned property in the tourist corridor of... more
Pennsylvania: April gaming revenue tops $504 million, 5.9% year-over-year increase
The Pennsylvania Gaming Control Board Friday reported $504.7 million in revenue from all forms of gambling in April, a year-over-year... more
North Carolina sports wagers well over $1 billion in first months under new law, report says
People in North Carolina have bet over $1 billion on sports through several gambling operators authorized under a state law to begin taking... more
Hard Rock COO updates Mirage closure plans for Nevada Gaming Commission
The COO of Hard Rock international briefed the Nevada Gaming Commission Thursday on its July closing of the Mirage. Jon Lucas, also... more
GLPI acquires northern Nevada and South Dakota casinos for $105 million
Gaming and Leisure Properties Thursday acquired the real estate assets of two South Dakota casinos and one Nevada casino for $105 million.... more
New Jersey overall gambling revenue up 10.4 percent in April, but in-person casino winnings were down
ATLANTIC CITY, N.J. (AP) — New Jersey’s casinos, horse tracks that accept sports bets and their online partners won more than half a... more
Nevada grants Barry Diller full gaming license
The Nevada Gaming Commission Thursday granted an unrestricted license to media mogul Barry Diller. Diller serves on the MGM Resorts... more
AGA Report: Gaming revenues rise for 13th straight quarter
The gaming industry’s streak of record quarterly revenue has reached lucky number 13. The American Gaming Association Thursday reported... more
Like a Caitlin Clark 3-pointer, betting on women’s sports is soaring
ATLANTIC CITY, N.J. (AP) — Led by fascination with basketball star Caitlin Clark, interest in — and betting on — women’s sports is... more
Analyst warns of “volatility” in Vegas
Reflecting on the first quarter of 2024, Deutsche Bank analyst Carlo Santarelli wrote that it was one of “interesting stock dynamics”... more
Final Preakness at Pimlico before rebuilding stirs nostalgia mixed with relief for needed fixes
BALTIMORE (AP) — Preakness days in recent years have featured water and plumbing miscues. A large section of the grandstand at Pimlico... more
IGT CEO exuberant on earnings call
“We’re in the best shape we’ve been in in a decade,” proclaimed International Game Technology CEO Vince Sadusky, referring to a... more
Analyst: Flutter U.S. primary listing set for May 31
On May 31, the New York Stock Exchange listing of Flutter Entertainment will become its primary listing, according to a report by Jefferies... more
Rio Las Vegas names Patrick Miller president and CEO
The Rio Hotel & Casino Las Vegas announced Monday that Patrick Miller has been appointed president and CEO to replace Trevor Scherrer,... more
Bank of America recaps Q1’s up-and-down gaming earnings
Bank of America released its scorecard for first-quarter earnings in which six gaming companies beat expectations, four missed, and one was... more
Ontario Superior Court affirms legality of iGaming Ontario model
The Ontario Superior Court of Justice has dismissed an application brought by the Mohawk Council of Kahnawà:ke (MCK), challenging the... more
Atlantic City: Workers in casino smoking lawsuit decry ‘poisonous’ workplace; state stresses taxes
TRENTON, N.J. (AP) — A group of Atlantic City casino workers asked a judge Monday to ban smoking in the gambling halls, citing the toxic... more
SBC Summit: Leagues now embrace partnerships with sports betting operators
Before the Professional and Amateur Sports Protection Act (PASPA) was repealed in 2018, the idea of a team or league creating a partnership... more
Wall Street Bets: Analysts take on U.S. casino foot traffic, Inspired Entertainment & Macau
April foot traffic at U.S. casinos In a May 13 note, Jefferies analyst David Katz wrote that the index level of national casino foot... more
Union workers end two-day strike against Virgin Hotels Las Vegas with contract talks set for Tuesday
LAS VEGAS (AP) — Nevada’s largest labor union concluded a 48-hour strike Sunday meant to pressure Virgin Hotels Las Vegas to agree to a... more
Analyst not discouraged by Inspired’s missing projections
Inspired Entertainment came up short on its first-quarter earnings, with $62 million in revenue representing a three percent miss of Wall... more
Mohegan announces highest quarterly net revenue in its history
Mohegan Tribal Gaming Authority is in the news again. Late last month, the company celebrated the official launch in Pennsylvania of a... more
Sportsbet appoints Michael Foster as chief information officer
Australia-facing bookmaker Sportsbet has appointed Michael Foster chief information officer. Founded in 1993 and owned by Flutter... more
SBC Summit: Future of digital payments moves forward, while old method lingers
The assembly of experts who gathered Thursday at SBC Summit North America to discuss digital-payment innovations were arguably some of the... more
Genius Sports revenue up 23 percent in first quarter
Sports data and technology company Genius Sports has reported $119.7 million in revenue for the first quarter, up 23.1 percent compared... more
Wall Street reaction to AGS sale muted
Few Wall Street analysts chose to weigh in on Brightstar Capital’s surprise acquisition of PlayAGS, announced this morning hours before... more
Light & Wonder execs reflect on outperformance
“We’re extremely proud,” CEO Matt Wilson said of Light & Wonder’s first-quarter numbers at the top of yesterday’s... more
AGS taken private in billion-dollar deal
Early Thursday morning, PlayAGS announced that—in a surprise move—it had agreed to be acquired by Brightstar Capital for $1.1 billion.... more
SBC Summit: Room in sports betting for “people who think differently”
When the Professional and Amateur Sports Protection Act was repealed in 2018, there was a rush to gain market share. DraftKings and... more
Ex-Las Vegas casino exec Sibella receives probation in illegal-bookie case
Former MGM Grand President Scott Sibella was sentenced to probation and ordered to pay a fine Wednesday afternoon in a Los Angeles... more
Golden Entertainment impacted by fewer mid- and lower-tier customers
Impacted by a drop in spending by mid- and lower-tier customers at its Las Vegas and Pahrump, Nevada, casinos, Golden Entertainment... more
In earnings call, Full House upbeat on Waukegan, Chamonix
In a break with tradition, Full House Resorts executives plunged straight into first-quarter commentary at the start of Wednesday... more
Everi execs optimistic during call
Top management at Everi Holdings is “starting to see some green shoots appear,” according to CEO Randy Taylor during this morning’s... more
SBC Summit: BetMGM CEO Greenblatt resists any prohibitions against player prop bets
During Wednesday’s panel “BetMGM: Taking a Preeminent Sports Betting and iGaming Brand to the Next Level Through Visionary... more
SBC Summit: Slow to expand, internet casino gambling is the future of U.S. betting, industry execs say
SECAUCUS, N.J. (AP) — Internet casino gambling is legal in only a handful of states, but the industry is convinced it is the future of... more
A Cambodian court sentences a union leader to 18 months in prison for comments on Facebook
PHNOM PENH, Cambodia (AP) — A Cambodian labor union leader has been sentenced to 18 months in prison in connection with comments he made... more
Mohegan out as Virgin Hotels Las Vegas casino manager by year’s end
Virgin Hotels Las Vegas announced Tuesday that the Connecticut-based tribal gaming operator Mohegan will transition out of its three-year... more
Super Bowl and Lunar New Year drive record Q1 results for Wynn Resorts, as attention turns to UAE, NYC, elsewhere
Wynn Resorts registered an all-time quarterly record for property EBITDAR in the first quarter of 2024, aided by Las Vegas’s first Super... more
New Durango property in Las Vegas boosts Red Rock’s Q1 earnings
Bolstered by the December opening of the Durango Casino & Resort in southwest Las Vegas, Red Rock Resorts reported record revenue and... more
Nevada: KTMobile approved by Gaming Control Board
Table Trac’s KTMobile operations platform has been approved for deployment in Nevada, pending approval from the Nevada Gaming Commission.... more
G2E Asia announces sessions, speakers for June conference in Macau
G2E Asia will return to Macau on June 4-6, 2024, for the 15th anniversary of the conference, a collaboration with the Asian IR Expo. The... more
Wall Street Bets: Analysts take on Kentucky Derby, DraftKings, VICI, ESPN Bet
Churchill Downs The 150th running of the Kentucky Derby last weekend is the crown jewel of Churchill Down’s portfolio. Jefferies analyst... more
Vegas casino company earnings out this week could provide more context
Wynn Resorts and Red Rock Resorts report first-quarter earnings Tuesday and Golden Entertainment on Wednesday, which could help clear up... more
Record Kentucky Derby handle: No photo finish
While the Kentucky Derby had a photo finish, there was no doubt about the record handle and earnings from the 150th version of the race at... more
Gambling bill to allow lottery and slots remains stalled in the Alabama Senate
MONTGOMERY, Ala. (AP) — A proposal to authorize a state lottery and allow casinos with slot machines and video poker, but not table... more
Fifth installment of SBC Summit North America expected to draw 5,000 attendees
The SBC Summit North America returns next week to the Meadowland Expo in Secaucus, New Jersey. Launched in 2020, the conference, which... more
DraftKings’ strong 1Q24 results a product of strong across-the-board performances
With Wall Street analysts viewing DraftKings 1Q24 results positively and year-over-year revenue up 53% for the quarter, CEO and Co-founder... more
Cambodia’s Supreme Court upholds the 2-year prison sentence of a casino strike leader
PHNOM PENH, Cambodia — Cambodia’s Supreme Court on Friday upheld the two-year prison sentence of a labor union leader who led a... more
Campaign to legalize sports betting in Missouri delivers 340K voter signatures, enough to qualify for ballot if valid
JEFFERSON CITY, Mo. (AP) — Missouri’s professional sports teams on Thursday turned in more than 340,000 voter signatures to put a... more
Iowa investigator’s email says college athlete gambling sting was a chance to impress higher-ups and public
A criminal investigator for the state of Iowa suggested to colleagues last year that busting college athletes for online sports betting... 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
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
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
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
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
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
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... 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
Sportradar brings expertise in sports data to the betting industry
Sportradar isn’t exactly a household name for most sports fans. But if you’ve watched ESPN, bet with FanDuel or DraftKings, or attended... more
AGA’s Gaming Industry Outlook Index indicates CEOs positive about the industry
With gaming revenues at an all-time high, it’s no surprise that the majority of CEOs surveyed by the American Gaming Association have... more
New Jersey AG, casino workers union ask judge to dismiss anti-smoking lawsuit targeting Atlantic City casinos
ATLANTIC CITY, N.J. (AP) — Atlantic City’s main casino workers union and the New Jersey attorney general on Monday asked a judge to... more
Analyst lowers Red Rock Resorts stock-price target after Boyd earnings report
A Wall Street analyst lowered his projections for Red Rock Resorts and its stock price target, based on Boyd Gaming having missed consensus... more
Wall Street Bets: Analysts take on GLPI, Churchill Downs, Boyd Gaming
The start of 1Q24 reports last week resulted in numerous reports and statements from Wall Street analysts. Gaming and Leisure Properties... more
Media mogul Barry Diller to appear before Nevada regulators for unlimited licensing after rebuff
Two years after shouting, “That’s not fair!” at a Nevada Gaming Commission meeting, billionaire media mogul Barry Diller returns... more
Quick decision possible in lawsuit over New Jersey casino smoking rule
A court is being asked to give Atlantic City gaming floor workers something they’ve long been denied: a smoke-free workplace, backed by... more
Boyd stock falls after earnings call; analysts lower price targets
The same day Nevada reported its first year-over-year decline in gaming revenue in eight months, Boyd Gaming executives cited a softening... more
In shareholder actions, backers of casino smoking studies want operators to “do well by doing good”
The idea that companies “do well by doing good” is behind a proposal that shareholders in three major gaming operators will vote on in... more
Aristocrat finalizes acquisition of NeoGames
Aristocrat Friday announced that all conditions and requirements for the acquisition of NeoGames have been satisfied, and the acquisition... more
GLPI earnings call stresses confidence
Question time for executives of Gaming & Leisure Properties Inc. (GLPI) was almost over before it began. A technical snafu at the... more
Boyd’s first-quarter results show year-over-year declines in revenue, earnings
Boyd Gaming on Thursday announced first-quarter results that showed declines in revenue, net income, and adjusted earnings compared to... more
Churchill Downs results in Q1 please analysts
Two Wall Street analysts didn’t even wait for Thursday’s earnings call by Churchill Downs before expressing their contentment. Both... more
Nevada posts year-over-year decline in gaming revenues after eight consecutive monthly increases
Las Vegas and Nevada hit a wall in March by failing to surpass year-over-year gaming revenue, but still posted an impressive $1.29 billion... more
Churchill Downs results call reveals strong returns from HRMs, Exacta acquisition
It’s the time of the year when Churchill Downs is rife with excitement about the impending Kentucky Derby. However, while analysts... more
New study shines spotlight on potential economic benefits of regulatory online gaming for Quebec
The debate around the next Canadian province to follow Ontario’s lead and put in place a regulatory competitive model for online gaming... more
Analyst favors gaming to emerge from winter of discontent
Although the S&P Index has risen six percent so far this year, the increase hasn’t been reflected in gaming stocks. Casinos are... more
Analyst: Market too bearish on ESPN Bet
Truist Securities analyst Barry Jonas took ESPN Bet’s parent company “Out of the Pennalty Box” this morning. The punning reference... more
U.S. Integrity, Odds On Compliance, complete merger
U.S. Integrity and Odds On Compliance Tuesday announced the completion of their merger. Going forward, the companies will be known as... more
OLG announces Q4 and full-fiscal-year municipal-partner payouts
The Ontario Lottery and Gaming Corporation (OLG) announced it has made $28,341,209 in fourth-quarter (January 1–March 31) installment... more
Social media casino scam reaches Ontario, as police warn of fraudulent gaming ads
What people were reading about this past winter in Canada’s western provinces, and before that in the Maritimes, has now made its way to... more
Penn Entertainment taps Disney/ESPN exec as chief technology officer
Penn Entertainment has hired a longtime Walt Disney Company employee as its next chief technology officer. Aaron LaBerge Monday was... more
DraftKings names Lori Kalani its first chief responsible gaming officer
DraftKings Monday introduced Lori Kalani as chief responsible gaming officer. Kalani will report directly to DraftKings’ CEO Jason Robins... more
IGT slot game portfolio features new titles, old favorites
During the recent Indian Gaming Association Tradeshow & Conference in Anaheim, California, the tradeshow floor was chock full of... more
Clarion Gaming releases virtual tour ahead of its 2025 ICE & iGB Affiliate shows
Industry event organizer Clarion Gaming released a video that features a virtual tour and exhibitor orientation ahead of the ICE and iGB... more
Wall Street Bets: Bally’s, Strip room rates, East Coast Gaming Conference
Wall Street Bets is a roundup of recent notes from analysts covering the gambling industry. Bally’s In an April 20 note about... more
Wall Street analysts weigh in on Sands stock after earnings consensus missed
Shares of Las Vegas Sands Corp. have fallen sharply since the company announced its first-quarter earnings Wednesday that Wall Street... more
GM of Toronto’s latest casino-resort: “WSOP helps put us on the map”
The World Series of Poker is an effective way to help put a new casino on the map. Not that the new Great Canadian Casino Resort Toronto... more
Analyst: Igaming to overtake Atlantic City, but when?
It’s only a matter of time before Atlantic City’s casinos are playing second fiddle to igaming, said Deutsche Bank analyst Carlo... more
888’s first-quarter results slightly ahead of expectations
Gambling tech provider and operator 888 Holdings, in its first-quarter trading update, showed a rise in player volumes and a slight... more
Nevada Gaming Commission approves Aristocrat acquisition of NeoGames
The Nevada Gaming Commission Thursday signed off on Aristocrat acquiring NeoGames for AUS$1.5 billion (US$962 million). The... more
Regulator tells Ontario sportsbooks to stop taking bets on the World Boxing Association
It’s been a busy few days on the sports-betting front for the Alcohol and Gaming Commission of Ontario. Yesterday, the AGCO issued a... more
Analyst: Vegas a blueprint for labor talks
After meeting with representatives of the Culinary Union and its parent, Unite Here, Truist Securities analyst C. Patrick Scholes “came... more
Not only New York casinos threaten Atlantic City. Developer predicts Meadowlands casino is coming
ATLANTIC CITY, N.J. (AP) — Atlantic City casinos are facing threats on multiple fronts from new competitors not just in New York, but... more
Illinois March casino revenue up 16.3 percent year over year
The Illinois Gaming Board has reported that the state’s casinos collected $152.3 million in adjusted gross revenue in March, up 16.3... more
Las Vegas Sands CEO disappointed in New York licensing delays, interested in Thailand
The CEO of Las Vegas Sands said he’s disappointed in the delay in the casino-licensing process in New York and excited about the... more
Northeastern U.S. gambling market roiled by New York competition, smoking, internet betting
ATLANTIC CITY, N.J. (AP) — Casinos in the northeastern U.S. are dealing with numerous challenges as they brace for the arrival of new... more
Pennsylvania gaming revenue soars over $550 million in March, a new record in the Keystone State
Gaming revenue continues to reach new heights in Pennsylvania. The Pennsylvania Gaming Control Board Wednesday reported $554.6 million in... more
Ontario’s online wager total up 78% in fiscal year 2023-24, revenue up 72%
Ontario recorded total online wagers of CA$63 billion (US$46 billion) for fiscal year 2023-24, up 78% year over year, according to a... more
NBA bans Jontay Porter after gambling probe shows he shared information, bet on games
Toronto Raptors player Jontay Porter was banned for life from the NBA on Wednesday after a league probe found he disclosed confidential... more
Entain’s first-quarter revenue lags analysts’ predictions
Sports betting and gambling company Entain held its ‘Q1 Trading Update’ analyst call today and reported slightly better performance... more
Another record for New Jersey internet gambling revenue in March as in-person winnings struggle
ATLANTIC CITY, N.J. (AP) — New Jersey’s high-flying internet gambling market continues to smash records. But the amount of money won... more
IGA Tradeshow: Igaming expansion more difficult despite its success
A former Michigan legislator instrumental in that state’s gaming expansion and a lobbyist for Fanatics Betting & Gaming said it’s... more
Acres Manufacturing, IGT resolve patent disputes
International Game Technology and Acres Manufacturing Tuesday announced that the companies have reached an agreement to resolve all legal... more
Cryptocurrency adoption by casinos slowed by scandal, but has a future
The collapse of FTX in 2022 has slowed the adoption of cryptocurrency in the gaming industry, but the CEO of Sightline Payments says it... more
Bank of America updates casino earnings estimates ahead of this week’s kickoff
First-quarter earnings season kicks off Wednesday for the gaming industry when Las Vegas Sands Corporation reports. Bank of America... more
IGA Tradeshow: Architects discuss trends and technologies that advance casino design
There are more than 500 tribal casinos in the United States. Some of them started out as bingo halls with very small capacities. Over the... more
Relax Gaming appoints Martin Stålros as CEO
Relax Gaming, an igaming content aggregator and software developer, has appointed company veteran Martin Stålros as CEO. “Having the... more
Analyst tweaks Boyd estimates
Improvements at Boyd Gaming’s Midwest and South casino properties motivated Deutsche Bank analyst Carlo Santarelli to raise his cash-flow... more
IGA Tradeshow: Engagement and retention remain paramount for operators
The session “Driving Engagement and Retention in Online Betting Platforms” April 9 at the Indian Gaming Association’s Tradeshow &... more
IGA’s Stevens urges President Biden to fill vacant National Indian Gaming Commission chair
Indian Gaming Association Chairman Ernie Stevens, Jr., urged the Biden Administration to quickly fill the vacant chair position on the... more
IGA Tradeshow wraps up in Anaheim with 7400 attendees, packed sessions
The Indian Gaming Association Tradeshow & Convention closed Thursday by surpassing the attendance at its Anaheim show in 2022, but... more
Rivalry’s handle, revenue, and profit up year-over-year in FY2023
Toronto-based Rivalry, the sportsbook and igaming operator targeting Millennials and Gen Z and operating in 20 countries, reported an 82... more
Las Vegas: FI and Super Bowl generate more than $1.1 billion in visitor spending and $1.8 billion in economic impact
According to the Las Vegas Convention and Visitors Authority, the Super Bowl in February and Formula One race in November generated more... more
Analyst sees “slow bleed” in regional gambling
If there’s growth in regional-casino revenues, new product is what’s driving it, according to Deutsche Bank analyst Carlo Santarelli in... more
Opponents of smoking in casinos try to enlist shareholders of gambling companies in non-smoking push
ATLANTIC CITY, N.J. (AP) — Add investors to the list of people that opponents of smoking in casinos are enlisting in hopes of banning the... more
Low holds, concert cancelations lower Caesars outlook
Recent cancelations of numerous shows by Adele at the Colosseum at Caesars Palace and low holds at table games on online sports betting... more
Virginia governor amends, toughens skill games legislation, sends it back to lawmakers
RICHMOND, Va. (AP) — Virginia Gov. Glenn Youngkin has proposed a rewrite of legislation intended to legalize and tax skill games, adding... more
Fontainebleau Las Vegas appoints four key executives
Fontainebleau Las Vegas has announced appointments of four key executives in its marketing and security divisions, three of whom are... more
Analyst: DraftKings to beat expectations, while ESPN Bet falls short
DraftKings will beat expectations, while ESPN Bet will fall short, when earnings are reported for the first quarter, according to an... more
Wall Street Bets: Red Rock Resorts, Everi Holdings, Las Vegas Strip rates
Red Rock Resorts In an April 6 note, Jefferies analyst David Katz wrote about a recent meeting the company hosted with Red Rock Resorts,... more
Analyst: Durango, growth in Las Vegas and California cited in Red Rock Resorts “Buy” recommendation
David Katz has joined other Wall Street analysts in their bullishness on Red Rock Resorts’s stock, led by the success at its Durango... more
Analyst: Lottery an incentive to buy IGT
Resuming coverage of International Game Technology (IGT) yesterday, B Riley Securities analyst David Bain gave it a “Buy” rating and... more
Workers sue over law exempting Atlantic City casinos from indoor smoking ban
TRENTON, N.J. (AP) — Frustrated at having unsuccessfully agitated for over three years to get lawmakers to ban smoking in Atlantic City... more
AGCO: More than 86% of Ontario online players participate on regulated sites, two years in
On Thursday, corks were popping and candles were being lit as the Ontario regulated online gaming and sports-betting market celebrated its... more
Kambi’s tribal partner network sees 128% increase in sports betting handle in 2023
Kambi, the Stockholm-listed provider of sports-betting technology, released a report showing expansive growth across its North American... more
Entain’s interim CEO to become board chair as Barry Gibson steps down
Barry Gibson, chairman of BetMGM co-owner and international gambling operator Entain plc, will step down later this year. Interim CEO... more
Alabama lottery, casino legislation heads to conference committee
MONTGOMERY, Ala. (AP) — Legislation that would authorize a lottery and other types of gambling in Alabama is headed to a conference... more
Florida governor signs bill dealing with seized gambling assets into law
On Wednesday, Florida Governor Ron DeSantis signed HB 5203 into law, which deals with property seized by the Florida Gaming Control... more
Indian Gaming Association conference kicks off Monday in Anaheim
This year’s Indian Gaming Association Tradeshow & Convention takes place April 8-11 at the Anaheim Convention Center with a special... more
Aristocrat’s acquisition of NeoGames moves forward with Nevada regulators
Aristocrat is on track to acquire NeoGames after the Nevada Gaming Control Board Wednesday recommended the acquisition be approved. The... more
FanDuel executives talk Nevada sports-betting prospects
FanDuel executives raised the prospects that the sports-betting and fantasy-sports operator could have a greater presence in Nevada beyond... more
North Carolina’s opportune sports betting launch shows promise
The first week of sports betting in North Carolina arrived at an opportune time. March Madness was in full swing, with three teams from the... more
Las Vegas airport sets February record in Super Bowl month
Harry Reid International Airport in Las Vegas recorded its best February in history, bolstered by the Super Bowl, a continued rebound of... more
Sparse crowds show up for Tropicana’s last morning in business [11 PHOTOS]
Jim McGlasson, Advertising Manager for CDC Gaming, stopped by Tropicana on the historic casino’s last day of business, April 2, 2024,... more
Analysts bullish on Red Rock Resorts based on Durango and future development
Two Wall Street analysts issued notes this week expressing bullishness for Red Rock Resorts, given the strong performance of the recently... more
Survey: DraftKings “a clear winner”
Consumer preferences for igaming and online sports betting (OSB) were the subject of a recent Truist Securities survey. Now the results are... more
With women’s sports on the rise, sports betting increasingly attracting females
When Betting Ladies debuted at the 2023 SBC Summit North America, founder Val Martinez was literally working from the ground up. The... more
Analysts bullish on Las Vegas in 2024 after February’s Strip revenue record and strong convention business
The record gaming revenue for the Strip and fifth highest revenue month of all time in February have Wall Street analysts bullish on Las... more
RGC Discovery conference: Shining a spotlight on Gen Z and sports betting
When you look at the data, one trend really stands out: Gen Z, the most technologically saturated generation of our time, is flocking to... more
Sportradar and Oddin.gg enter esports live streaming partnership
Sports technology company Sportradar has entered into a multi-year strategic alliance with esports live odds provider Oddin.gg to enhance... more
Las Vegas Super Bowl bet pays off with February gaming revenue record on the Strip
Las Vegas’s big bet hosting its first Super Bowl paid off in a big way as Strip gaming revenue rose 12% to $800 million to set a... more
Analyst sees opportunity in DraftKings drop-off
When DraftKings’s stock dipped Wednesday following a multiplicity of adverse headlines, J.P. Morgan analyst Joseph Greff saw an... more
888 initiates sale of U.S. B2C assets to Hard Rock Digital
Gibraltar-based 888 Holdings has agreed to sell part of its U.S. B2C assets to Hard Rock Digital, as part of an ongoing strategic review of... more
Connecticut: Foxwoods to host Chef Gordon Ramsay’s Hell’s Kitchen series
Hell’s Kitchen is coming to Foxwoods Resort Casino. The Connecticut operator Tuesday announced that the 23rd and 24th seasons of Chef... more
Arizona reports $28.6 million in tribal gaming contributions for third quarter
The Arizona Department of Gaming has reported that the state’s tribal gaming industry contributed $28.6 million to the Arizona Benefits... more
Mississippi: Quick death for bill that sought casino site in capital city of Jackson
JACKSON, Miss. (AP) — A Mississippi House leader said Tuesday that he won’t move forward with a bill to allow a casino in the capital... more
Flutter Entertainment reports $11.79 billion in revenue in 2023
International sports betting and gaming company Flutter Entertainment plc has reported $11.79 billion in revenue in 2023, a 24.7 percent... more
Shuttered Western Casino in downtown Las Vegas going back on the market
The Western Hotel & Casino on Fremont Street in downtown Las Vegas was shuttered in 2012 and put up for sale, with no buyers. The... more
Indiana: Terre Haute Casino Resort on track to open April 5
After the Indiana Gaming Commission approved the Local Development Agreement between the city and Churchill Downs on Thursday, everything... more
Why is Oklahoma one of the last 12 states without legal sports betting?
Since the U.S. Supreme Court annulled the Professional and Amateur Sports Protection Act and ended Nevada’s near-monopoly on sports... more
Galaxy chief credits EZ Baccarat with improved performance
Reflecting on Galaxy Gaming’s improved profitability and revenue in the final quarter of 2023, CEO Matt Reback gave his company’s EZ... more
Webinar focuses on accomplishments, needed improvements for Black women in gaming
When Rose Hudson first was appointed CEO of the Louisiana Lottery Corporation 24 years ago, she was asked to speak at an event. When she... more
Nevada regulators seek answers on Bally’s bid to go private; company details Tropicana closure
The Nevada Gaming Commission approved licenses Thursday for Bally’s executives in connection with the Tropicana Las Vegas, which is set... more
Florida online sports betting challenge is denied by state’s highest court
ORLANDO, Fla. (AP) — Opponents of online sports betting in Florida on Thursday lost their latest fight against a Seminole Tribe agreement... more
Sportradar quarterly numbers boost stock
Shares of Sportradar stock rose 11 percent following the company’s disclosure of its fourth-quarter numbers to Wall Street. One... more
UPDATE: Dean Serpa accepts Massachusetts Gaming Commission executive director job
Dean Serpa has accepted the Massachusetts Gaming Commission executive director position after the Commission announced on Monday that it... more
Pennsylvania: Gaming revenue soars to $499 million
The Pennsylvania Gaming Control Board Tuesday reported $499.1 million in revenue from all forms of gaming, a year-over-year increase of... more
Boyd Gaming details Suncoast renovations in competitive and affluent west Las Vegas
The Suncoast Hotel & Casino opened in 2000 in the affluent Summerlin area of west Las Vegas, where there’s strong gaming competition.... more
Iowa’s Caitlin Clark behind increased betting interest in women’s college basketball
LAS VEGAS (AP) — Caitlin Clark’s audacious logo 3-pointers and record-breaking accomplishments have driven sports fans who previously... more
SBC draws 4,000 attendees to debut event in Rio
SBC’s inaugural Brazil-focused event attracted 4,000 attendees and surpassed the anticipated 3,000, signaling a promising start to... more
Louisiana: Gaming revenue reaches $194.6 million in February, 1% year-over-year increase
The Louisiana Gaming Control Board Tuesday reported that February gaming revenue was $194.6 million, a 1.0% year-over-year increase, and a... more
DraftKings announces new roles for Jason Park, Alan Ellingson
Changes are afoot at DraftKings. The company Monday announced that Chief Financial Officer Jason Park will be DraftKings’ Chief... more
BetMGM, Marriott Bonvoy, to launch rewards collaboration
BetMGM and Marriott Bonvoy Monday launched a new rewards collaboration for online sports betting and igaming markets. Players in licensed... more
March Madness poised to attract record wagering
Let the Madness begin. The NCCA men’s and women’s basketball tournaments, known as March Madness, will attract widespread interest from... more
Dartmouth students launching social sports betting platform Rebet
The concept is ambitious: creating a platform that connects the social and communal aspects of fandom to the sports betting experience.... more
Analyst: Golden Entertainment “back to the basics”
On Friday, Truist Securities initiated stock coverage of Golden Entertainment. Dubbing the company the “Silver State Warriors,” analyst... more
Q&A: Women-focused operator Betty marks Ontario expansion with new Toronto offices
Downtown Toronto, specifically the Queen St. W. and John St. area, seems a popular spot for companies in the igaming market to base their... more
MGM CEO discusses UAE, other developments, changes in F1
MGM Resorts International CEO Bill Hornbuckle spoke optimistically about future development projects, including gaming in the United Arab... more
New Jersey: Internet gambling revenue continues to soar; in-person revenue? Not so much.
ATLANTIC CITY, N.J. (AP) — Internet gambling revenue continues to soar in New Jersey, where online casinos are accounting for a growing... more
Boyd: No impact from Durango yet
Station Casinos’s new Durango Resort has been a non-factor for Boyd Gaming, according to CEO Keith Smith and CFO Josh Hirsberg. They made... more
GeoComply data suggests North Carolina could be a $1 billion sports betting state
Early insights from geolocation solutions provider GeoComply show that North Carolina’s sports betting market has immense potential.... more
Aristocrat to unveil gaming content at Australasian Gaming Expo
Aristocrat Gaming will display its new game titles at the Australasian Hospitality & Gaming Expo (AHG), set to take place March 20-21.... more
Caesars CEO: F1 will be more profitable this year
Caesars Entertainment CEO Tom Reeg appeared yesterday at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum... more
Penn touts ESPN partnership as it strengthens sports betting offerings
Penn Entertainment CEO Jay Snowden Thursday, fresh from a sports betting launch in North Carolina, touted the company’s partnership with... more
Quebec budget: Loto-Québec needs to find optimization cuts
Quebec Finance Minister Eric Girard is looking at government-owned enterprises, such as Loto-Québec and Hydro Quebec, to help find CA$1... more
Analyst: FanDuel’s U.S. success lifts parent-company Flutter
FanDuel isn’t publicly traded, but the investment community got an indirect look into its finances today. That view came courtesy of a... more
Illinois reports second-highest casino revenue in 13 months
The Illinois Gaming Board has reported that the state generated nearly $137.7 million in casino revenue in February, the second-highest... more
Visitors spend more in Las Vegas, don’t let higher prices hinder their experience
Visitors to Las Vegas, wealthier than ever, are gambling and spending more and are satisfied with their experience. They show no signs that... more
Lottery business fuels IGT fourth-quarter revenue growth
Lottery business continued to drive International Game Technology in the fourth quarter. A 7% rise in that segment’s revenue helped the... more
Bally’s stock spikes amid buyout talk
Shares of Bally’s Corp. reached $14.67 in trading today before subsiding. The news came as the company’s board agreed to evaluate a... more
Analyst: Bally’s prospects changed since previous buyout offer
Monday morning, Bally’s Corp. Chairman Sooyung Kim’s Standard General company, the largest single shareholder in Bally’s, issued an... more
North Carolina launches statewide sports wagering
CHARLOTTE, N.C. (AP) — Mobile and online sports wagering across North Carolina took off on Monday, as several licensed gambling operators... more
Wynn CEO calls igaming cannibalization debate ‘reductive’
Wynn Resorts’ CEO Craig Billings this weekend took to LinkedIn to label the debate surrounding the effect of online gambling on... more
NY sports betting surges, both handle and revenue
Online sports wagering revenues in New York State rose 21 percent in February, with a hold percentage of 7.4 percent, slightly lower than... more
UPDATED: Temple, Loyola (Md.) men’s basketball programs disclose gambling-related investigations
PHILADELPHIA (AP) — Temple University said Friday it will review reports that show at least one game involving its men’s basketball... more
Scientific Games reorganizes legal and public policy teams
Gaming and sports betting tech provider Scientific Games has merged its legal and public policy teams into a Global Legal and Public Policy... more
Analyst: ESPN Bet dominates Penn discussion
On Wednesday night, Deutsche Bank analyst Carlo Santarelli tied on the feed bag with Penn Entertainment CEO Jay Snowden and other top... more
Cybersecurity Summit: Tribes discuss risks at annual conference
The goal of tribes is simple when it comes to cybersecurity — not to become the next breach by hackers that can shut down their casinos,... more
Panel says the next generation of online gambling will be more social, engaged and targeted
NEW YORK (AP) — The future of online gambling will be more social, more engaged with players and more targeted to their individual... more
Betr secures $15 million in funding ahead of expansion
Miami-based fantasy and sportsbook startup Betr has raised $15 million in a funding round co-led by investment firms Harmony Partners and... more
Caesars Entertainment extends U.S. partnership with NHL
Caesars Entertainment is renewing its relationship with the coolest sport on ice. The operator today announced a multi-year extension of... more
Bally’s outlines A’s ballpark, Tropicana closure, and redevelopment plans to Nevada regulators
Bally’s executives told Nevada gaming regulators Wednesday they’re on track to close the Tropicana Las Vegas on April 2 and continue to... more
Bally’s reveals Chicago casino financing to Nevada Gaming Control Board
Bally’s informed Nevada regulators Wednesday about their plans for a downtown Chicago casino. The company also told the Gaming Control... more
Rush Street Interactive looks south for new growth
Rush Street Interactive shares jumped 19 percent in after-hours trading, following the release of the company’s year-end and... more
World Game Protection Conference: Top casino scams of the year detailed
Confidence scams that netted more than $2.6 million in the U.S., when phone callers tricked cage operators into delivering bags of cash to... more
Panel says New York, Maryland and maybe California could offer internet gambling soon
NEW YORK (AP) — With Rhode Island this week becoming the seventh U.S. state to launch internet gambling, industry panelists at an online... more
888 to review U.S. operations, putting an end to Sports Illustrated deal
Online gambling group 888 Holdings said it will review its U.S.-facing business to consumer operations and it announced a mutual agreement... more
PlayAGS sets records with fourth-quarter revenue and cash flow
Las Vegas-based electronic slot- and bingo-machine maker PlayAGS posted record revenue for its fourth quarter, although higher interest... more
Reporting Q4 loss, Full House execs shrug off Wall Street concerns over new casinos
Although Full House Resorts’s new Colorado casino, Chamonix, opened at Christmas time to well-publicized difficulties, there was little... more
It’s crazy season for politicians, according to pundit
“March Madness is upon us and it is for a host of reasons,” wrote political analyst Brendan Bussmann in an investor note issued... more
Catena Media appoints Manuel Stan as CEO
Igaming and sports betting marketing company Catena Media has chosen Manuel Stan as its chief executive officer, shortly after the... more
Bally’s executives to appear at Nevada Gaming Board ahead of Tropicana demolition
The demolition of the Tropicana Las Vegas and its reconstruction, along with building a new $1.5 billion baseball stadium for the... more
Wall Street Bets: Everi/IGT, Melco, Boyd Gaming Golden Entertainment
Everi/IGT The Feb. 29 announcement of Everi Holding’s merger with two International Game Technology units drew keen interest from... more
World Game Protection Conference: Cheating and crime in gaming industry back in a big way
According to the experts at the 2024 World Game Protection Conference, cheating and crime in the gaming industry “are back” in a big... more
Legislation to legalize, tax skill games passes Virginia Assembly, heads to governor
RICHMOND, Va. (AP) — Virginia lawmakers passed legislation Friday that would legalize skill games, the slots-like betting machines that... more
New Jersey gambling regulator who advised nation on integrity and oversight retires
ATLANTIC CITY, N.J. (AP) — David Rebuck, who oversaw New Jersey’s development of nation-leading internet gambling and sports betting... more
Golden Entertainment: No benefit from F1 at Strat, but $1 million in room revenue from Super Bowl
Reporting that it didn’t benefit from the Formula 1 race in November, Golden Entertainment experienced a $49 million decline in... more
Everi merger with IGT overshadows earnings; executives see possibility in synergy
Everi Holdings transformed its future Thursday when it announced a merge with two International Game Technology units in a $6.2 billion... more
IGT, Everi to merge in a deal worth $6.2 billion
This morning, International Game Technology (IGT) announced that it will merge with competitor Everi Holdings. Although Wall Street... more
Las Vegas Strip revenue falls in January for first time since June
Despite a 3.8% decline on the Strip, Nevada gaming revenue set an all-time record for January, boosted by improved weather in Reno. It was... more
Surging global machine sales buoy Light & Wonder; company’s full-year revenue hits record
A 31% global gaming machine sales surge pushed fourth-quarter revenue higher for Light & Wonder. The cross-platform games company... more
Underdog Fantasy facing regulatory challenges in several states
Underdog Fantasy has notified its customers in North Carolina that its pick’em product has been turned off in the state, after earlier in... more
Athletes in Iowa State gambling sting say evidence was seized illegally and cases should be tossed
Four former or suspended Iowa State athletes contend in a court filing Tuesday that evidence in a state sports wagering investigation was... more
Analyst: Wynn Resorts a “compelling” value
In an investor note released today, J.P. Morgan analyst Joseph Greff hailed Wynn Resorts as “one of the more compelling risk-rewards in... more
Georgia Senate seeks to let voters decide sports betting in November
ATLANTA (AP) — Georgians could get a chance in November to vote on authorizing sports gambling after senators on Tuesday approved a state... more
Catena Media CEO resigns amid disappointing fourth-quarter results
Michael Daly, CEO of gambling affiliate giant Catena Media, has resigned and handed over his duties to interim CEO Pierre Cadena, formerly... more
Analyst: Kelce not scoring in Super Bowl beneficial for DraftKings
Writing to investors this morning, J.P. Morgan analyst Joseph Greff pronounced himself “incrementally impressed” with the recent... more
Wall Street Bets: Analysts take on VICI, Las Vegas Strip room rates, Churchill Downs
VICI Properties Analyst David Katz of Jefferies examined VICI Properties’ 4Q23 results Feb. 22, writing that the company’s revenue... more
VICI Properties marks a year of expansion, growth potential
Real estate investment trust VICI Properties finished 2023 strong, with 20%-plus year-to-year increases in funds from operation and... more
New Jersey beefs up iconic Atlantic City boardwalk as part of $100M in repair/rebuilding funds
ATLANTIC CITY, N.J. (AP) — A wooden walkway next to Atlantic City casinos credited as being the first boardwalk in the United States and... more
International visitation to Las Vegas jumps 39% in 2023
International visitation to Las Vegas jumped by 39% last year, led by a boost from Canadians and travel from the UK, Germany, and... more
Acres unveils method to calculate a slot player’s gambling bankroll
Acres Manufacturing has developed a new benchmark of player value that uses slot machine data to gauge the size of a player’s gambling... more
Churchill Downs touts 150th Kentucky Derby, continued expansion
This year’s Kentucky Derby, the 150th running of the event, and a passel of new projects gave racetrack operator Churchill Downs... more
65% of bets Americans placed on the Super Bowl were illegal: Yield Sec report
According to the American Gaming Association, approximately 68 million Americans were expected to bet on the recent Super Bowl between the... more
Industry panel: Offshore sports betting “the elephant in the room”
“The space has really evolved over the last 10 to 15 years,” said Sebastian Jedrzejewski, setting the tone for “Innovation and... more
Sports betting, igaming, boost Pennsylvania’s January revenue
The Pennsylvania Gaming Control Board this week reported January gaming revenue of $477.1 million, a year-over-year increase of 2.7%. The... more
Analyst: MGM Resorts “measured” on BetMGM’s future
When David Katz of Jefferies Equity Research met yesterday with MGM Resorts International executives, he found the company “bullish”... more
Chicago temporary casino results and construction of permanent location highlight Bally’s earnings call
Top executives of Bally’s Corp. were enthusiastic over the performance of the temporary Bally’s Casino in Chicago’s Medinah Temple.... more
Churchill Downs lays out casino development slate in Kentucky, Virginia
Kentucky will open its seventh Churchill Downs-branded casino in early 2025. The 700-gaming-machine Owensboro Racing & Gaming will... more
NIGC chair resigns unexpectedly
In a decision announced at 7 p.m. last night, National Indian Gaming Commission Chairman E. Sequoyah Simermeyer said he will resign on... more
Caesars acquires Michigan WynnBET casino
Caesars Entertainment has agreed to acquire WynnBET’s igaming operations in Michigan. The move aligns with Wynn Resorts’ decision to... more
Caesars CEO: Changes in F1 needed for staying power
Caesars Entertainment CEO Tom Reeg said the Las Vegas Grand Prix served as a boon to high-end resorts on the Strip, but called for more... more
Green Valley Ranch unveils new high-limit slot area
Green Valley Ranch in Henderson has followed the model of fellow Station Casinos’ Red Rock Casino Resort and Durango Casino & Resort... more
U.S. casinos won $66.5B in 2023, their best year ever as gamblers showed no economic fear
ATLANTIC CITY, N.J. (AP) — America’s commercial casinos won $66.5 billion from gamblers in 2023, the industry’s best year ever,... more
Wall Street Bets: Analysts take on Alabama, DraftKings, NJ sports betting, Chinese New Year
Alabama gambling legislation Analyst David Katz of Jefferies examined the possibility of Alabama legalizing gambling. “HB151, a proposed... more
Which Canadian province will follow Ontario and expand online betting to regulated commercial operators?
The question of which Canadian province will follow in the footsteps of Ontario and build its own open, competitive, and regulated online... more
Analysts laud Jackpocket’s acquisition by DraftKings
Online sports betting and igaming provider DraftKings purchased third-party lottery vendor Jackpocket last week for $175 million. The... more
Nevada casinos break revenue records across the board in FY 2023
Visitors to the Las Vegas Strip are spending in ways that demonstrate the iconic Boulevard is about more than just gambling. Nevada’s... more
A record-breaking January for New Jersey gambling overall, even as in-person casino winnings fall
ATLANTIC CITY, N.J. (AP) — Four major gambling revenue records were smashed in New Jersey in January as 2024 got off to a rousing start... more
Virginia’s three casinos top $50 million in January gaming revenue
A trio of casinos in the Virginia generated revenues of $52.9 million in January, according to a report from their governing body, the... more
Louisiana: January gaming revenue drops 15.5% year-over-year
The Louisiana Gaming Control Board posted Thursday the state’s gaming revenue for January fell to $163.1 million, a 15.5% decrease... more
DraftKings 44% increase in Q4 revenue overshadowed in call by Jackpocket acquisition
DraftKings Q4 2023 earnings call Friday discussed the company’s financials, but a $750 million acquisition of Jackpocket and a... more
North Carolina lawmakers say video gambling machine legislation could resurface this year
RALEIGH, N.C. (AP) — Interest in authorizing more casinos in North Carolina during this year’s upcoming legislative session appears... more
Penn Entertainment’s Q4 2023 earnings draw analyst attention as ESPN Bet plays out
Penn Entertainment Thursday during its earnings conference call reported revenue of $1.37 billion for the fourth quarter of 2023, a 13.2%... more
Bill allowing up to 10 casinos, sports betting, and lottery passes key vote in Alabama House; moves to Senate
MONTGOMERY, Ala. (AP) — Lottery and casino legislation passed a key test Thursday in the Alabama Legislature as the House of... more
California: Mechoopda Casino in Butte County opens today
After a 25-year journey, the Mechoopda Casino in Butte County opened Thursday, February 15. The establishment, 15 miles south of Chico near... more
Betting on the Super Bowl was brisk at sportsbooks in big U.S. markets
ATLANTIC CITY, N.J. (AP) — With this year’s Super Bowl being played in Las Vegas, the nation’s gambling capital, there was little... more
Bill would let Atlantic City casinos keep smoking on gaming floor with some restrictions
ATLANTIC CITY, N.J. (AP) — Atlantic City casinos would be able to continue to allow gamblers to smoke on the casino floor under a new... more
ICE London: Good regulations promote compliance and commercial growth, say senior leaders
Combining gambling compliance with commercial growth is now a widely accepted strategic focus for most corporations working in the gambling... more
Koin Payments offers seamless payment processing for casino customers
Koin Payments can enhance the player experience in the cashless-gaming environment. The Las Vegas-based provider of digital wallets... more
New Jersey: State senator advocates for slot machines at racetracks
Republican State Sen. Joe Pennacchio has called for slot machine gambling to be allowed at horse racetracks in the New Jersey.... more
After stellar results in 2023, MGM CEO confident that 2024 will be similar
During Tuesday’s earnings call with analysts and investors, MGM Resorts International President and CEO Bill Hornbuckle admitted that the... more
Las Vegas tourism officials riding high after hosting first Super Bowl
On Tuesday, Las Vegas tourism officials spiked a figurative football as if they’d scored a winning touchdown in the Super Bowl. The city... more
Penn Entertainment acquires Wynn’s New York mobile sports and wagering licenses
Penn Entertainment Tuesday announced an agreement to acquire Wynn Interactive Holdings’s mobile-sports and wagering licenses in New York... more
Raving NEXT: Attacks on tribal sovereignty are coming from all directions
Tribal rights, ranging from catching a fish for supper to operating casinos that fund education and health care, are under constant... more
Agua Caliente Casinos hosting Casino Esport Conference March 19-21
The Agua Caliente Casinos have long leaned into esports to attract Millennials and new customers to their properties and its Rancho Mirage... more
EZ Baccarat sets North American record for tables at Commerce Casino
EZ Baccarat set a North American record for active baccarat tables Saturday on Lunar New Year at Commerce Casino & Hotel. After... more
GeoComply: Big uptick in geolocation checks for Super Bowl shows growth in legal online betting
Super Bowl LVIII is in the books, but as far as the sportsbooks are concerned, the results from yesterday’s game are still being... more
ICE London: Analysts report back on sports betting, igaming, and other trends
Traveling to London for the ICE trade exhibition, Jefferies Equity Research analysts pronounced themselves pleased by developments in... more
Wall Street Bets: Red Rock Resorts, gambling vote in Alabama, Wynn Resorts
Red Rock Resorts Red Rock Resorts’s 2023 4th quarter results were generally positive, according to analysts. According to J. P. Morgan... more
Alabama bill that would allow up to 10 casinos, sports betting headed to first test. Here’s what’s being proposed
MONTGOMERY, Ala (AP) — Alabama lawmakers could cast their first votes next week on sweeping gambling legislation to allow a state... more
Analyst: Taylor Swift expected to elevate Super Bowl betting; records will fall
A Wall Street analyst is predicting a “Taylor Swift effect” for the Super Bowl that will help Las Vegas and sportsbooks nationwide... more
Ontario regulator releases guidance for revision of gambling advertising standards, restricting celebrity endorsers
The Alcohol and Gaming Commission of Ontario (AGCO) has released guidance for the industry regarding its revised advertising standards,... more
Boyd Gaming reports record year for revenue, earnings
Boyd Gaming reported a full-year record for revenue and adjusted earnings, the third consecutive year the company broke its own record.... more
Raving NEXT: A new generation of Tribal leaders seeks to forge new paths
When and from where is the next generation of Tribal leaders going to emerge? The answers are simple: As for when, they’re in place now;... more
Q&A with GeoComply exec on NFL in-stadium betting data: Bengals on top this season, Bills way down on the list
With the Big Game set for this Sunday, Vancouver-based GeoComply dug out some data showing the increase in sports-betting activity in NFL... more
BetMGM ends fiscal year on high note
BetMGM earlier guided Wall Street analysts to expect a fiscal-year 2023 that generated as much as $2 billion in net revenue. Today, the... more
Alabama lawmakers push sweeping gambling bill that would allow lottery and casinos
MONTGOMERY, Ala. (AP) — A group of Alabama lawmakers unveiled a sweeping gambling bill Wednesday that could authorize a state lottery and... more
F1 boosts Wynn Resorts’s fourth quarter, with Q1 jump expected from Super Bowl
Wynn Resorts set an all-time record for property adjusted earnings in the fourth quarter, bolstered by the Formula One Las Vegas Grand... more
Durango opening lifts Red Rock revenues in fourth quarter
The opening of Durango Casino & Resort in December helped boost Red Rock Resorts’s fourth-quarter revenue. During an earnings call... more
Appearing before Gaming Control Board, FanDuel CFO coy about Nevada plans
The chief financial officer of FanDuel, who is in Las Vegas this week for the Super Bowl, was noncommittal about the company’s plans for... more
SBC Webinar: Casinos need to be on guard for signs of human trafficking
The insidious crime of human trafficking produces 25 million victims globally each year, according to an American Gaming Association... more
Kindred Group appoints Nils Andén permanent CEO
Kindred Group Wednesday announced the appointment by its board of directors of Nils Andén as permanent CEO. Andén was appointed interim... more
Casino industry remains vulnerable to more cyber attacks
Overconfidence and a false sense of security rendered Las Vegas and the casino industry vulnerable to cyberattacks last fall and, according... more
Alabama: Governor says ‘now is the time’ for a statewide vote on lottery and gambling bills
MONTGOMERY, Ala. (AP) — Alabama Gov. Kay Ivey called Tuesday night for the creation of a limited school voucher program and announced... more
ICE London: ‘Digital gaming has always had unfair competitive advantages’ says Betfred USA CEO
Betfred USA CEO Kresimir Spajic has predicted that the current top three sports betting operators in the U.S. will eventually be disrupted,... more
AGA survey: Bettors expected to wager in record numbers on Super Bowl
Sunday’s Super Bowl between the Kansas City Chief and San Francisco 49ers is expected to attract record interest from bettors. According... more
State Senate committee rejects casino bill that would allow a referendum in northern Virginia’s D.C. suburbs
McLEAN, Va. (AP) — A Virginia Senate committee on Tuesday rejected legislation that would have allowed a referendum on a casino in the... more
ICE London: UK Gambling Commission says, “We can learn from colleagues in North America”
UK Gambling Commission (GC) Executive Director Tim Miller has highlighted the regulator’s increased collaboration with other... more
ICE London: Brazil’s first regulated sports betting and igaming operators live by July; first licensees announced in March
The regulated sports-betting and online-casino market in Brazil is expected to be live by July, with the first licensees likely to be... more
Biden congratulates Culinary workers on contract agreements in Las Vegas
LAS VEGAS (AP) — President Joe Biden on Monday congratulated hospitality workers for reaching a tentative agreement with several Las... more
Super Bowl in Las Vegas further cements NFL’s relationship with city it once shunned
LAS VEGAS (AP) — A meeting scheduled in the 1980s between the NFL and sportsbook directors sparked hope in Las Vegas that their... more
Federal judge in Borgata/MGM case rules Atlantic City casinos have no duty to stop compulsive gamblers from betting
ATLANTIC CITY, N.J. (AP) — Atlantic City’s casinos have no legal obligation to stop compulsive gamblers from betting, a judge ruled,... more
Wall Street Bets: Analysts discuss prospects for Flutter, Wynn Resorts
Flutter In a Feb. 2 statement, Jefferies analyst David Katz noted that investors were “particularly engaged” by the listing of Flutter... more
ICE London: DCMS eyes implementation of white paper reforms by the summer
UK Department for Digital, Culture, Media & Sport (DCMS) deputy director Sarah Fox has said the government aims to have the bulk of... more
Analyst: Baccarat volume bodes well for high-end Strip properties
Strong baccarat volume is “a positive indicator” for high-end properties on the Strip, while the newly opened Durango Casino &... more
Pre-Super Bowl hoopla spotlights first ‘season’ of Aristocrat’s NFL slots
Culminating an impressive first season, a touted rookie might challenge the Taylor Swift-Travis Kelce storyline for attention ahead of... more
eConnect’s technology geared to meet needs of gaming industry
It would be easy for eConnect Global to sell its technology to a wide spectrum of businesses. But the Las Vegas-based provider of... more
Super Bowl thrusts Las Vegas into global spotlight
Coming off record gaming revenue for December and 2023 and the Formula 1 race in November, the Super Bowl is thrusting Las Vegas once again... more
Kansas proposes ban on sports betting ads
Kansas lawmakers have introduced legislation to ban sports betting advertisements on Internet sites and apps. This bipartisan bill, SB 432,... more
Mississippi House passes bill to legalize online sports betting; measure moves to Senate
JACKSON, Miss. (AP) — The Mississippi House passed a bill Thursday that would legalize online sports betting, bringing the state one step... more
Virginia considers a major expansion of gambling by legalizing ‘skill games’
RICHMOND, Va. (AP) — Dueling legislative proposals in Virginia backed by different gambling companies would open the door for an... more
Las Vegas airport shatters annual record in 2023 with 57.6 million passengers
Harry Reid International Airport (LAS) set an annual passenger record for the second year in a row, a reflection of tourism’s recovery... more
New Kinectify technology allows BET99 to streamline AML operations
BET99 is using new purpose-built technology to improve its anti-money laundering (AML) operations in the Ontario market. It’s been a... more
Bolstered by Las Vegas Strip, Nevada sets records galore in 2023
Bolstered by a record $1.43 billion in statewide gaming revenue in December and an all-time monthly record on the Strip, Nevada casinos... more
Iowa agency overseeing gambling investigation defends search of college athletes’ online activities
The agency that oversees the enforcement of Iowa’s gambling laws issued a statement Wednesday defending its investigation into sports... more
Las Vegas: Plaza names director of table games and promotes two
The Plaza Hotel & Casino in downtown Las Vegas has hired Christiaan van Buuren as its director of table games and promoted two... more
“High-quality” assets drive Wynn bond rating
Fitch Ratings analysts issued a BB- rating to Wynn Resorts and affiliated entities today. Similar ratings were placed on Wynn’s debt and... more
NFL says Super Bowl viewers will only see 3 sports betting ads during broadcast of the game
ATLANTIC CITY, N.J. (AP) — Advertisements for sports betting continue to flood the airwaves, but the NFL said Tuesday that viewers will... more
Georgia: Senators push for legalized sports gambling without a constitutional amendment
Another sports gambling bill is advancing in Georgia, with supporters saying they believe they can legally set up betting under the purview... more
Texas: Dallas City Councilman supports gambling expansion
Dallas City Councilman Chad West told 12NewsNow’s Inside Texas Politics that the city should take proactive steps to accommodate... more
Las Vegas: Golden Entertainment appoints Lisa Rose Director of Marketing of Arizona Charlie’s
Golden Entertainment has announced the appointment of industry veteran Lisa Rose as director of marketing of Arizona Charlie’s Decatur in... more
Atlantic City: Bill to ban smoking in casinos moves forward on 4th try in New Jersey Legislature
TRENTON, N.J. (AP) — A measure that would prohibit smoking in Atlantic City’s casinos moved forward Monday after three years of going... more
Wall Street Bets: Flutter on NYSE, Strip room rates, Churchill Downs’ Virginia
Flutter NYSE listing David Katz of Jefferies Jan. 26 called the move by FanDuel parent company Flutter to a U.S. primary listing on the... more
AGS Q4 pre-release earnings beat street estimates
In a note Monday, analyst Barry Jonas of Truist Securities published that gaming supplier AGS’s Q4 pre-release earnings supported the... more
Analyst: Record-setting hotel rates for Super Bowl
Hotel rates for the Super Bowl in Las Vegas could set a record, which bodes well for earnings, especially if gaming hold is favorable,... more
Atlantic City: Judge green-lights narrowing of main road despite opposition from casinos
ATLANTIC CITY, N.J. (AP) — Atlantic City got a green light Friday to proceed with a project to reduce the width of its main street from... more
Nevada Gaming Commission licenses chair of Flutter audit committee ahead of company’s NYSE listing
The Nevada Gaming Commission Thursday approved the licensing of a board member and chair of the audit committee of Flutter, parent company... more
New England Patriots’ Kayshon Boutte charged in illegal sports gaming scheme
BATON ROUGE, La. (AP) — New England Patriots wide receiver Kayshon Boutte was arrested Thursday on charges related to illegal... more
TransUnion survey indicates gaming industry needs to be aware of economy, inflation
The gaming industry is as healthy as it’s ever been, having experienced 11 consecutive quarters of growth through the third quarter of... more
Las Vegas attracted a million more tourists and a million more convention goers in 2023
A combined two million more tourists and convention goers flocked to Las Vegas in 2023 than during the prior year, the highest numbers... more
Las Vegas Sands bullish on Macau recovery, interested in Dallas resort
A strong showing in Singapore boosted Las Vegas Sands’s fourth-quarter earnings and management remains optimistic that Macau will follow... more
Florida: Legislature considers bills to eliminate and increase penalties for illegal slot machines
Illegal slot machines have long been a problem in Florida. In May 2023, the Tampa Bay Times published a story that claimed there were 70... more
North Carolina authorizes online sports betting to begin on eve of men’s ACC basketball tournament
RALEIGH, N.C. (AP) — Legal online sports betting in North Carolina is poised to begin in March, state gambling regulators decided... more
Analyst: Durango boosts view of Station Casinos
On the heels of a December visit to Durango Resort in Las Vegas, Deutsche Bank analyst Carlo Santarelli boosted his price target on Station... more
Arizona: Pascua Yaqui Tribe to build new casino
The Pascua Yaqui Tribe has received permission to build a new casino in Tucson, Ariz., at the intersection of Grant Road and Interstate 10... more
Earnings season kicks off with high expectations from F1 for Wynn and MGM
The gaming-industry’s fourth-quarter earnings’ season gets underway Wednesday when Las Vegas Sands holds its call with Wall Street... more
First Nations chief says plenty of work needed to make tribe’s casino-hotel near Toronto competitive
The Mississaugas of Scugog Island First Nation (MSIFN) have been outspoken about their concerns about Great Blue Heron Casino & Hotel... more
Wall Street Bets: Analysts take on Penn Entertainment, IGT, Caesars
Penn Entertainment In a Jan. 19 note on Penn Entertainment, J. P. Morgan’s Joseph Greff wrote that “We are lowering our 4Q23 land-based... more
Game developer Deck of Dice Gaming releases new multiplayer social game
Deck of Dice Gaming Thursday released Roll & Win Dice – Clash for Cash for its Skillz skill-based real money prize platform. The new... more
Louisiana gaming revenue declines slightly to $210.5 million in December
The Louisiana Gaming Control Board reported Thursday a December 2023 gaming revenue of $210.5 million, a year-over-year decline of 0.6% and... more
Analyst stays neutral on Penn Entertainment
Due in large part to heavier-than-expected igaming losses engendered by ESPN Bet promotional activity, J.P. Morgan analyst Joseph Greff... more
Ontario: Great Blue Heron Casino opens new entertainment and event space
Last year, the Mississaugas of Scugog Island First Nation (MSIFN) were outspoken about their dissatisfaction with the news that the CA$1... more
Intersection of AI and automation OPTX focus in 2024
OPTX launched three new products in 2023, setting the stage for this year’s focus on the merger of artificial intelligence and... more
Pennsylvania gaming revenue sets new monthly records in December
Pennsylvania gamblers are wagering more than ever. The Pennsylvania Gaming Control Board Thursday reported that December 2023 revenue from... more
Analyst revises Sands Macau estimates downward
Deutsche Bank analyst Carlo Santarelli adjusted his fourth-quarter projections for Las Vegas Sands’s performance in Macau. He took his... more
Analyst: F1, labor costs dampen Caesars outlook
CBRE analyst John DeCree knocked $5 off his price target for Caesars Entertainment, lowering it to $67 per share in an investor note... more
Atlantic City: Showboat Resort appoints Faranca as general manager
Showboat Resort Atlantic City has appointed Anthony Faranca, an executive with more than 20 years of experience in the hospitality and... more
New Mexico Supreme Court rules tribal courts have jurisdiction over casino injury and damage cases
ALBUQUERQUE, N.M. (AP) — The New Mexico Supreme Court on Tuesday ruled that tribal courts have jurisdiction over personal injury and... more
New Jersey casino, sports bet revenues hit high of $5.8 billion
ATLANTIC CITY, N.J. (AP) — New Jersey’s casino and sports betting operators and their online partners won nearly $5.8 billion in 2023,... more
Horse racing in China’s gaming hub of Macau to end in April, after more than 40 years
HONG KONG (AP) — The government in China’s gambling hub of Macao said Monday that after more than 40 years, there will be no more horse... more
Wall Street Bets: Analysts’ takes on Caesars, REITs, Aristocrat, Gambling.com
Caesars CBRE analyst John DeCree, in a Jan. 16 note, wrote “We are maintaining our Buy rating on the shares of Caesars, but lowering our... more
Las Vegas tourism officials takes lessons from F1 and laud revenue gains
Wall Street analysts have labeled Formula One’s Las Vegas Grand Prix a success, though the Las Vegas Convention and Visitors... more
Robot baristas and AI chefs caused a stir at CES 2024 as casino union workers fear for their jobs
LAS VEGAS (AP) — The barista tipped the jug of smooth, foamy milk over the latte, pouring slowly at first, then lifting and tilting the... more
Missouri’s professional sports teams launch petition drive to put sports betting on November ballot
JEFFERSON CITY, Mo. (AP) — Missouri’s professional sports teams announced Friday that they have launched an initiative petition drive... more
New York City: Manhattan neighborhood board opposes zoning amendments for East River casino project
A measure proposed by New York City Mayor Eric Adams to bypass the standard city zoning approval rules for casinos is facing growing... more
Station Casinos’ California tribal project gets federal nod
The National Indian Gaming Commission on Thursday approved an agreement between the North Fork Rancheria of Mono Indians and Station... more
Gambling addiction Recovery, Investment, and Treatment Act introduced in Congress, with NCPG endorsement
The National Council on Problem Gambling Thursday announced its support for the Gambling addiction Recovery, Investment, and Treatment... more
Golden Entertainment completes slot-route deal
Golden Entertainment announced Wednesday that it completed the sale of its distributed gaming operations in Nevada to an affiliate of... more
NCAA president uses inaugural address to highlight threats on social media linked to sports betting
In his inaugural address as National Collegiate Athletics Association President, Charlie Baker highlighted the critical issue of online... more
Analyst: Gaming still “Waiting for Godot”
Citing playwright Samuel Beckett’s never-arriving Mr. Godot, Truist Securities analyst Barry Jonas wrote that the main character in the... more
Gaming and Leisure Properties cites improving environment for M&A among gaming REITs
Executives with GLPI, citing an improving environment for mergers and acquisitions, are optimistic that deal activity could be more... more
Manitoba Liquor & Lotteries warns the public about online scam
Manitoba Liquor & Lotteries (MBLL) is warning people to stay away from fraudulent posts on Facebook purporting to be an online-gaming... more
UK Gambling Commission fines Gamesys £6 million for social responsibility, AML failures
The UK Gambling Commission has handed Gamesys Operations Ltd., which operates online casinos such as ballycasino.co.uk and jackpotjoy.com,... more
World Game Protection Conference set for Feb. 27-29 in Las Vegas
The World Game Protection Conference and expo returns to Las Vegas as the casino industry faces ongoing threats from hackers and criminals... more
Labour Party MP Carolyn Harris to speak at ICE London panel
ICE London Tuesday announced that All Party Parliamentary Group on Gambling Related Harms Chair Carolyn Harris will speak at the... more
Georgia: Sports betting back on the table as Legislature resumes
Georgia’s 2024 legislative session will mark another effort to legalize sports betting in the state, lawmakers say, and this... more
Analyst: F1 and Atlantic City setbacks for Caesars
Blaming “lower than previously expected performance from F1 in November,” J.P. Morgan analyst Joseph Greff reduced his price target on... more
Midweek convention attendance helped make Las Vegas what it is
Led by CES, which is bringing more than 130,000 visitors to Las Vegas this week, midweek conventions make Strip resorts look as opulent as... more
Analyst: Las Vegas on track for best gaming growth in 2024
Las Vegas is on track for the best top-line growth in gaming demand in 2024 with the strength in the luxury brands on the Strip, according... more
Analyst weighs in on California online sports betting, Brazil igaming
In the course of a research note published Monday, Jefferies analyst David Katz updated his readers on the progress of two political drives... more
Wall Street Bets: Analysts take on California sports betting, Macau gaming, Strip room rates, VICI Properties
California sports betting In a January 7 statement, Jefferies analyst David Katz noted that advocates in California are advancing efforts... more
Quixant doubles power of Intel-based hardware platform with the launch of IQ 2
Monday, Quixant announced the upcoming launch of its IQ 2 hardware platform at booth N2-120 at ICE 2024, which runs February 6-8, 2024, at... more
Written designation agreement with NASCAR gives DraftKings entry into North Carolina
DraftKings and NASCAR Friday announced a written designation agreement that will allow the digital sports entertainment and gaming company... more
New York sets online sports betting revenue record in December
New York generated $188.3 million in revenue from online sports betting in December, surpassing the previous record of $166.3 million set... more
Wall Street analyst tackles gaming stocks in 2024
According to a Wall Street analyst, Las Vegas Strip and locals casinos are the best positioned in the industry heading into 2024, despite... more
Betting surged for College Football Playoff semifinals, but short of setting records
LAS VEGAS (AP) — The combination of a strong College Football Playoff field and the semifinals being on New Year’s Day sparked a surge... more
Wisconsin: Council approves Hard Rock casino despite concerns
The Kenosha Common Council on Wednesday voted 11-6 to approve a new Hard Rock casino by the Menominee Indian Tribe of Wisconsin. The... more
Kentucky: Ellis Entertainment gets approval for $75 million Owensboro gaming facility
The Owensboro Metropolitan Planning Commission has approved the final plans for a new Ellis Entertainment facility, Owensboro Racing and... more
State lawmakers to consider igaming expansion at Florida conference
The prospect of igaming expansion and regulations needed to oversee it will highlight a gaming conference that convenes state lawmakers... more
Hard Rock appoints John Rees as new SVP of hotel operations
Hard Rock International Wednesday announced the appointment of John P. Rees as its new Senior Vice President of Hotel Operations. Rees, who... more
Ohio’s sports betting sees more than $6 billion in first-year wagers
An Ohio Casino Control Commission report shows the state’s sports betting handle surpassed $6 billion in its first year of operation,... more
College Football Playoff semifinals could set betting records
LAS VEGAS (AP) — Sportsbook director Jay Kornegay is anticipating massive crowds at Westgate’s Las Vegas location this weekend and... more
19 gaming experts predict what’s in store for 2024
The gaming industry is constantly changing and evolving. In 2023, the increased use of artificial intelligence and advances in slot and... more
Reid Airport breaks all-time passenger count and sets November record
Boosted by the busiest November in its history, Harry Reid International Airport in Las Vegas has already handled an all-time record... more
Global Gaming Women’s 2023 report indicates membership growth
When Global Gaming Women Executive Director Kelly Hatch was finalizing the non-profit organization’s 2023 annual report, she was a bit... more
Analysts consider F1 a success and it bodes well for future events
Wall Street analysts and gaming consultants cited record revenue in November to justify bringing the Formula 1 race to Las Vegas, which... more
Igaming In Canada: 2023 year in review
As another year comes to a close, it’s a good time to sit back, and go over the big stories on the Canadian casino and igaming fronts in... more
F1 helps Nevada set November revenue record and second all-time highest
Las Vegas’ Formula One race, fueled by a nearly 23% year-over-year increase in gaming revenues on the Strip, pushed Nevada across the... more
Gaming proponents size up the odds of a northern Virginia casino
McLEAN, Va. (AP) — With casinos popping up on Virginia’s southern border, some lawmakers now want to explore whether wealthy northern... more
In store for 2024: Hear from conference organizers on expected trends
Conferences are opportunities for everyone from C-suite executives to social media influencers to take the pulse of the gaming industry.... more
F1 impact on gaming revenues imminent as economist eyes 2024
The focus of the Nevada gaming industry today will be whether the state shattered the all-time November revenue record of $1.32 billion,... more
Manitoba casino workers ratify new contract
Manitoba casino workers have ratified a new contract with Manitoba Liquor & Lotteries, with 93 percent support. That’s just in time... more
Golden Entertainment to sell Nevada slot operations in mid-January
Nevada regulators Thursday paved the way for Golden Entertainment to sell its Nevada slot operations to J&J Ventures Gaming for $213.5... more
Nevada adds accused roulette cheat to Black Book
A Mississippi man has been added to Nevada’s Black Book, barring him from the state’s casinos after facing allegations of cheating at... more
Louisiana: Gaming revenue reaches $185 million, reversing nine months of decline
Louisiana reached the end of its losing streak. November gaming revenue in Louisiana reached $185.1 million, a year-over-year increase of... more
Loto-Québec reports “normal growth trajectory” for fiscal year so far; casinos impacted by summer strike
It’s steady as she goes for Loto-Québec, which this week reported financial results for the first half of the 2023-24 fiscal year that... more
Legalized sports betting continued to grow in 2023, though some significant states remain resistant
LAS VEGAS (AP) — Legalized sports betting continued its expansion this year while also factoring into scandals in college athletics and... more
Analyst impressed by Durango Resort
J.P. Morgan analyst Joseph Greff, returning from a tour of Station Casinos’s brand-new Durango Casino & Resort, pronounced that he... more
Wall Street analysts say Durango could expand as early as fourth-quarter 2024
Wall Street analysts predicted Red Rock Resorts could begin expansion on its newly opened $780 million Durango Casino & Resort as early... more
Pennsylvania: November gaming revenue dips year over year, but sports betting handle tops $900 million for first time
The Pennsylvania Gaming Control Board Tuesday reported a small year-over-year drop in November gaming revenue, the $444,473,505 generated... more
NFL players face pressure as never before, in the digital-age surge of betting and fantasy
EAGAN, Minn. (AP) — Alexander Mattison and the Minnesota Vikings had boarded the flight home after a tough loss earlier this season, when... more
Will Quebec go with a competitive, private, igaming model?
You might get some interesting betting action on the Canadian province most likely to follow in Ontario’s footsteps and implement an... more
ESPN Bet growing sports betting market by attracting women customers: analyst
A Bank of America Global Research analyst said Monday ESPN Bets appears to be growing the nation’s sports-betting market by attracting... more
Wall Street Bets: Melco Resorts meeting, Entain management changes
J. P. Morgan analyst Joseph Greff Dec. 15 wrote about a recent meeting with Melco Resorts and Entertainment CEO Lawrence Ho and CFO Geoff... more
Igaming, sports betting set records in New Jersey in November; casinos still mostly lag pre-pandemic levels
ATLANTIC CITY, N.J. (AP) — Internet gambling and sports betting set new records in New Jersey in November as the Atlantic City gambling... more
Is Las Vegas returning as a family-friendly destination?
The post-pandemic upswing of parents with children making Las Vegas a vacation destination hasn’t slowed in 2023. In addition, married... more
Manitoba casino labor negotiations head down to the wire
Casino workers and Manitoba Liquor & Lotteries continue to try and hammer out a new deal for workers at three casinos before a Dec. 23... more
Mohegan announces Q4 net-revenue increase
Mohegan Tribal Gaming Authority has announced a 7.6 percent increase in Q4 2023 net revenues (three months ended Sept. 30), according to... more
Atlantic City: Workers light up in Statehouse meeting on casino smoking ban
ATLANTIC CITY, N.J. (AP) — With prospects for a smoking ban in Atlantic City’s casinos looking hazier than ever, workers who want... more
Fontainebleau Las Vegas opens, catering to the luxury market
The Strip welcomed the $3.7 billion Fontainebleau Las Vegas, its newest luxury brand, Wednesday. With much pomp and fanfare and Justin... more
More voices join pleas to make New Jersey casinos smoke free
Three-fourths of Philadelphia-area residents say they would visit Atlantic City casinos more often if the gaming floors were smoke free, a... more
Michael Gaughan III’s Rocky Mountain Gaming acquires two Colorado casinos
Las Vegas casino veteran Michael Gaughan III, in partnership with Joseph Canfora and David D. Ross, has announced the purchase of a pair of... more
New Jersey: Auto union boss urges lawmakers to pass casino smoking ban
ATLANTIC CITY, N.J. (AP) — Shawn Fain, the international president of the United Auto Workers union who recently won large raises for his... more
Online sports betting to start in Vermont in January
MONTPELIER, Vt. (AP) — Vermont sports fans will be able to bet online starting early next year when mobile sports betting kicks off in... more
Arrow International suffers cyber event
Arrow International, a Cleveland, Ohio-based manufacturer and distributor of charitable gaming products, experienced a network outage last... more
GLI tabs Australian gaming vet Robert Howarth as chief business officer for APAC
Gaming Laboratories International this week announced that Robert Howarth is its new chief business officer for the Asia Pacific (APAC)... more
New York: Belmont Stakes will be held at Saratoga Race Course in 2024
The Belmont is heading to Saratoga for the first time — but almost certainly not the last. New York Gov. Kathy Hochul announced Wednesday... more
ESPN Bet dominates Boston gaming conclave
Even prior to the formal beginning of the 11th Annual Truist Securities GLLR Summit held in Boston last week, the talk was of the launch of... more
Google Ads to update gambling advertising policy in the U.S.
Google Ads will update its approach to gambling advertising in the United States on Tuesday, allowing certain operators to run gambling ads... more
Loto-Québec pledges financial support for hundreds of local organizations
The news that Loto-Québec is donating CA$1 million (US$736,000) to local non-profit organizations (NPOs) shouldn’t get lost in all the... more
More than just a job: Rivers Casino employees embrace the gaming industry
There have been many memorable days since Rivers Casino Pittsburgh opened 14 years ago. August 9, 2009, the launch of Pittsburgh’s first... more
New York: Record handle dampened by low hold
Bettors flooded New York State’s online sports books with wagers in November. However, a low hold, 7.2 percent, dimmed the outcome.... more
Kentucky’s revenues from sports wagering on pace to significantly exceed projections, governor says
Kentucky has collected stronger than projected tax revenues from sports wagering in the weeks since betting on ballgames became legal in... more
Flutter Entertainment confirms date of NYSE listing
FanDuel owner Flutter Entertainment plans to list its shares on the New York Stock Exchange (NYSE) by January 29, 2024. The company, which... more
Nevada Gaming Control Board recommends Golden Entertainment distributed gaming sale
The Nevada Gaming Control Board Wednesday recommended that J&J Ventures Gaming acquire Golden Entertainment’s Nevada distributed... more
Group continues push for 2024 ballot measure to approve California sports betting
A group pushing to bring another sports-wagering ballot measure to California voters is moving ahead with those plans, despite opposition... more
BetMGM eyes big profits in 2026
Entain, the co-owner of BetMGM, Monday announced that it anticipates turning a $500 million profit at BetMGM in 2026. Entain also forecast... more
American Gaming Association hires Joe Maloney as senior VP strategic communications
The American Gaming Association Tuesday introduced Joe Maloney as its new senior vice president, strategic communications. Maloney will be... more
Newest Las Vegas locals’ property Durango Casino & Resort opens Tuesday morning
Red Rock Resorts on Monday unveiled its $780 million Durango Casino & Resort that serves local residents in the southwest Las Vegas... more
BetMGM outlines Las Vegas strategy to grow market share nationwide
BetMGM said it is focusing on investment in 2024 to position itself to grow market share and boost adjusted earnings to $500 million in... more
888 Holdings rejected $890 million takeover bid from Playtech
According to a report released by the Sunday Times, 888 Holdings rejected a £700 million (approximately $890 million) bid from software... more
Casino workers with MGM Grand Detroit ratify deal, ending 47-day strike
DETROIT (AP) — Casino workers for MGM Grand Detroit have voted to ratify a new contract, ending a 47-day strike. MGM Grand Detroit... more
Online gamblers in Quebec would prefer a regulated commercial market over the current government monopoly, survey says
A coalition of online gaming operators aiming to see an Ontario-style commercial igaming regulatory regime established in Quebec has... more
Encore Boston Harbor boosts state economy, but local businesses feel impact
A recent report prepared by the UMass Donahue Institute’s Economic & Public Policy Research Group provided an in-depth analysis of... more
Ohio: October’s sports betting handle second best since launch
The Ohio Casino Control Commission has released data for Ohio’s first ten months of sports betting, revealing that October was the... more
MGM makes leadership changes at Las Vegas and Atlantic City properties
MGM Resorts International has announced several leadership position changes at its Las Vegas and New Jersey casinos. Some will take effect... more
Casino workers seethe as smoking ban bill is delayed yet again in New Jersey Legislature
TRENTON, N.J. (AP) — A bill to end smoking in Atlantic City’s casinos that appeared headed for its first vote Thursday was delayed yet... more
Nevada gaming industry sets October revenue record
The Nevada casino-resort industry continued to roll in October, led by a strong showing from downtown and locals casinos that boosted... more
North Carolina mobile sports betting will not be available in time for Super Bowl
Chair of the North Carolina State Lottery Commission (NCSLC), Ripley Rand, confirmed that bettors in the Tar Heel State will have to wait... more
New York: MGM Resorts releases plans for proposed Empire City redevelopment [w/ RENDERINGS]
MGM Resorts is prepared if it’s awarded a commercial casino license in New York. Thursday, the operator unveiled plans to transition its... more
Oklahoma: Tribal leaders point to purchase of NBA’s Dallas Mavericks by Las Vegas Sands’s owners as a threat
Tribal gaming leaders in Oklahoma and nationwide Wednesday called for Gov. Kevin Stitt to back tribal-led sports betting as the state faces... more
Virginia: Rivers Casino Portsmouth slot attendants join Teamsters union
Slot attendants at Rivers Casino in Portsmouth, Virginia, voted to join Teamsters Local 882. The announcement of the agreement was made... more
Next Gaming CEO remains optimistic about skill-based games
Next Gaming’s CEO Mike Darley remains as optimistic as ever about skill-based games having a big future in the casino business. While... more
Kindred Group announces exit from North America
Kindred Group, the European gambling giant behind US sportsbook Unibet, has announced its intentions to withdraw from the North American... more
Analyst: ESPN Bet launch “exceptional”
In the course of a lengthy “interactive monitor,” Truist Securities analyst Barry Jonas dwelt on the November launch of ESPN Bet. While... more
MGM Resorts takes in record hotel revenue over F1 Las Vegas Grand Prix weekend
MGM Resorts International reported record hotel revenue for the Formula 1 weekend in Las Vegas and is likely to set a record for the month,... more
Illinois: Groundbreaking for Hollywood Casino Aurora set
Penn Entertainment’s new growth projects are quickly moving forward. Only one day after Penn announced the groundbreaking for a hotel at... more
Ontario: Chatham Cascades Casino workers ratify new deal, avert strike
The situation got a little dicey between workers at Chatham Cascades Casino in Chatham, Ont., and their employers, Gateway Casinos &... more
Ohio: Groundbreaking for new hotel at Penn’s Hollywood Casino Columbus set for Nov. 28
Penn Entertainment Monday announced that a groundbreaking ceremony for its new hotel at Hollywood Casino Columbus in Ohio will be 1 p.m.... more
Wall Street Bets: NY sports betting, AGS’s FCF and M&A, and labor issues
New York sports betting Analyst Joseph Greff of J. P. Morgan, in a Nov. 27 statement about sports betting in New York for the week ending... more
Circa Sports carving out niche in crowded betting landscape
Circa Sports is gaining success as a niche player in a crowded national sports-betting field, expanding into other states and taking large... more
Internet casinos thrive in 6 states. So why haven’t they caught on more widely in the US?
ATLANTIC CITY, N.J. (AP) — In the 10 years that it has been operating in New Jersey, internet casino gambling has generated nearly $7... more
Atlantic City casino profits fall 7.5 percent vs. last year in third quarter of 2023
ATLANTIC CITY, N.J. (AP) — Atlantic City’s casinos and two internet-only entities earned $281.2 million in the third quarter of this... more
Launch of ESPN Bet watched closely by the industry
As bettors gear up for a big wagering weekend, Joe Asher, president of sports betting for IGT, said the proliferation of legal sports... more
Las Vegas union hotel workers ratify Caesars contract
LAS VEGAS (AP) — Las Vegas hotel union workers voted overwhelmingly Monday to approve their contract agreement with casino giant Caesars... more
The United States Igaming Revenue Report — October 2023
An overview of igaming revenue in New Jersey, Michigan, Pennsylvania, Connecticut, West Virginia, and Delaware, the six states where online... more
Analyst raises DraftKings prospects
In a belated response to DraftKings’s Nov. 14 investor presentation, J.P. Morgan analyst Joseph Greff hiked his expectations and price... more
Top Nevada lawmakers applaud MLB approval of A’s relocation to Las Vegas
As Major League Baseball authorized the move of the Oakland A’s to the Las Vegas Strip, leading Nevada lawmakers defended their decision... more
Wall Street Bets: NeoGames, NJ and PA sports betting, DraftKings’s Investor Day
NeoGames Truist Securities analyst Barry Jonas Nov. 17 weighed in on NeoGames third quarter earnings. “Management continues to execute... more
Uncertainty reigns over F1 economic impact number for Las Vegas
The final economic impact of Las Vegas hosting a Formula One race is uncertain, but it will be big no matter how it’s measured, according... more
New Jersey casino, Internet, sports bet revenue up 6.6% in October but most casinos trail 2019 levels
ATLANTIC CITY, N.J. (AP) — New Jersey’s casinos, racetracks that take sports bets and their online partners won over $423 million in... more
Las Vegas Grand Prix expected to smash Formula One betting records
LAS VEGAS (AP) — The visuals of the world-famous Strip expected to emerge from the Las Vegas Grand Prix on Saturday night has enticed... more
Fontainebleau Las Vegas approved for Dec. 13 opening
The $3.8 billion Fontainebleau Las Vegas passed its final regulatory hurdle Thursday on its way to opening on Dec. 13. The Nevada Gaming... more
MLB owners approve A’s move from Oakland to Las Vegas, with a new ballpark to open in 2028
ARLINGTON, Texas (AP) — One of Rob Manfred’s first trips after his election as baseball commissioner nine years ago was to Oakland to... more
Louisiana: Gaming revenue declines in October for ninth consecutive month
The Louisiana Gaming Control Board Thursday reported revenue from all sources of gambling in October of $174.5 million, a year-over-year... more
Stewart Andrew to continue as UK Gambling Minister following cabinet reshuffle
A recent UK Government reshuffle has left the two most important government positions relating to the gambling industry, the Parliamentary... more
For tribes, online gambling may boil down to one question: Where’s the bet?
As in real estate, a key question for the future of tribal online gambling revolves around location, location, location. A definitive... more
Northstar Gaming announces triple-digit Q3 gains
NorthStar Gaming Holdings Inc. this morning announced triple-digit year-over-year increases in total wagers and revenue (net of bonuses,... more
ESPN Bet, a rebranded sports gambling app from Penn Entertainment, is here
NEW YORK (AP) — ESPN Bet, a sports-gambling service rebranded with the name of the Disney-owned sports channel, launched Tuesday in 17... more
DraftKings investor day awes most, not all
Despite falling on the same day as the launch of ESPN Bet, DraftKings forged ahead with its Nov. 14 investor day “and the content... more
Great Canadian looks to make Casino Toronto a true poker destination
Great Canadian Entertainment, the gaming and hospitality company, aims to make its new Toronto casino a true destination for poker... more
Gambling pioneer Steve Norton, who ran first US casino outside Nevada, dies at age 89
ATLANTIC CITY, N.J. (AP) — Steve Norton, who ran the first U.S. gambling facility outside Nevada — Resorts casino in Atlantic City —... more
Wall Street Bets: Wynn and Light & Wonder earnings, New York OSB, Churchill Downs’ Virginia projects
Wynn Resorts Wynn Resorts’s third-quarter results were looked on mostly favorably by Wall Street analysts. Jefferies equity... more
Aristocrat Gaming fires up its Dragons at MGS 2023
Aristocrat Gaming will display its product portfolio at Macau Gaming Show (MGS) on November 14-15, demonstrating its range of game options... more
Canadian Gaming Association launches national player-safety program
Considering the news last week that the Alcohol and Gaming Commission of Ontario was slapping a CA$150,000 penalty on PointsBet Canada for... more
Las Vegas welcomes international high rollers for F1
Las Vegas is prepared to welcome international high rollers and the jet set when it hosts the Formula One circuit this week, and operators... more
ESPN Bet on the edge of launch
Thursday evening’s ESPN Edge conference was a preview of what to expect from the ESPN Bet sports-betting app that is set to launch on... more
Wynn joins Caesars and MGM in reaching tentative deal to avoid a strike by Las Vegas hotel workers
Over seven months of tense negotiations, mandatory daily room cleanings underscored the big issues that Las Vegas union hotel workers were... more
Light & Wonder earnings, revenue beat Wall Street forecasts in third quarter
Light & Wonder bought back the last piece of SciPlay, the social-gaming business it once spun off, during the third quarter and the... more
Wynn Resorts doesn’t expect UAE competition for years
During Wynn Resorts’s third-quarter earnings call on Thursday, CEO Craig Billings said that the company’s $3.9 billion resort-casino on... more
SBC Summit Latinoamérica drew record crowds, exhibitors
Last week’s SBC Summit Latinoamérica recorded a 150% increase in attendance, according to organizers. The event, held Oct. 31-Nov. 2 in... more
Flutter Entertainment sees Q3 share fall despite NYSE listing plans
Flutter Entertainment, the owner of gambling operators like FanDuel, Paddy Power, and Betfair has seen its shares fall as much as 9.4%,... more
UPDATE: Las Vegas hotel workers union and MGM agree to tentative contract after deal with Caesars
LAS VEGAS (AP) — The Las Vegas hotel workers union reached a deal with MGM Resorts International, the largest employer on the Las Vegas... more
During Wednesday earnings call, MGM’s Hornbuckle says settlement with Culinary Union could happen “today”
A few minutes into Wednesday’s MGM Resorts third-quarter earnings call, President and CEO Bill Hornbuckle dropped news that much of Las... more
Full House posts modest profit as revenues soar
Time was of the essence in a truncated 45-minute investor call by Full House Resorts Wednesday. Executives had to squeeze in quarterly... more
California tribal leaders dismiss 2024 sports-betting ballot measure
The chairman of the California Nations Indian Gaming Association dismissed attempts by an outside group to put a sports-betting measure on... more
Everi fintech revenue increases 4% in third quarter year over year
Financial-technology-business revenue grew, but games business ticked down in the third quarter for Everi Holdings, prompting unadjusted... more
Las Vegas hotel workers union reaches tentative deal with Caesars, but threat of strike still looms
LAS VEGAS (AP) — The labor union representing tens of thousands of Las Vegas hospitality workers announced Wednesday that it has reached... more
Accel Entertainment’s third-quarter earnings per share drop, but top Wall Street forecasts
A change in fair value of contingent earn-out shares haunted Accel Entertainment for a second consecutive quarter. Earnings per share... more
Red Rock delays Durango opening to December 5, touts YTD record on earnings call
Red Rock Resorts announced Tuesday it’s delaying the opening of the $780 million Durango Station casino resort in southwest Las Vegas to... more
Rush Street CEO paints expansive picture during earnings call
Rush Street Interactive announced third-quarter revenues of $169.9 million in a November 1 earnings call. The company also pronounced... more
JCM Global brings core products to MGS 2023
JCM will show its portfolio of core products at the 2023 MGS Entertainment Show, which takes place November 14-15 at the Galaxy... more
Wall Street Bets: DraftKings earnings call dominates analysts’ reports; Golden Entertainment, Bally’s, draw interest
Wall Street Bets is a roundup of recent notes from analysts covering the gambling industry. DraftKings DraftKings third-quarter... more
SBC Summit Latinoamérica: Andes nations share a mountain range, but not gaming regulations
A common theme throughout the recently concluded SBC Summit Latinoamérica was, how on a continent where most nations speak the same... more
SBC Summit Latinoamérica: Industry missing betting opportunities from women
Women are a betting market ripe with potential. Operators and others just need to seize on it, say industry experts who were part of the... more
DraftKings robust third quarter bodes well for future earnings
Front Office Sports recently reported that DraftKings has overtaken FanDuel for the highest market share of online gambling in the U.S. But... more
AGEM Index decreases 4.2 percent in October
The AGEM Index decreased by 44.35 points to 1,011.35 in October 2023, a 4.2 percent decline from the prior month. It was the second month... more
On earnings call, Golden Entertainment says The STRAT is well positioned for Fontainebleau, F1, Super Bowl
Golden Entertainment touted the strength of The STRAT during the third quarter and emphasized that the north Strip property is well... more
SBC Summit Latinoamérica: Vigilance and creativity required for combating cybersecurity threats
Protecting companies and customers from cybersecurity attacks takes constant vigilance and creativity, industry experts said during the... more
SBC Summit Latinoamérica: Communication is key in bringing Latin American gaming markets together
As the Latin American gaming market continues to grow rapidly with different countries and different regulations, what can help the region... more
Las Vegas: Thousands of Strip hotel workers at 18 casinos will strike Nov. 10 without deal
LAS VEGAS (AP) — Tens of thousands of Las Vegas hotel workers fighting for new union contracts set a strike deadline Thursday,... more
Rollout of ESPN Bet main focus of Penn Entertainment’s Q3 earnings call
The recent announcement that Penn Entertainment will launch the much-anticipated ESPN Bet app Nov. 14 dominated the operator’s Thursday... more
Analyst: MGM partnership delay could impair Marriott value
Details of a sweeping marketing alliance between MGM Resorts International and Marriott were supposed to be released last month. However,... more
SBC Summit Latinoamérica: Technology spurs unlimited potential for the Mexican gaming market
Mexico’s burgeoning gaming market has unlimited potential, industry experts say, fueled by one word: technology. That was the consensus... more
Fontainebleau Las Vegas moves one regulatory step closer to Dec. 13 opening
The Fontainebleau Las Vegas is on pace to open December 13 after receiving a positive recommendation Wednesday from the Nevada Gaming... more
IGT’s adjusted earnings, revenue top Wall Street forecasts; officials tout lottery deal extensions
International Game Technology capped a third quarter during which it extended contracts to supply technology to the California and Kentucky... more
Las Vegas: Circa Sports taking over race and sportsbook operations at Silverton Casino
Circa Sports is spreading its operations in Nevada by moving to take over the race and sportsbooks at the Silverton Casino on Jan. 1. The... more
Bally’s posts record revenue, slashes jobs
Despite recording best-ever third quarter revenue of $632.5 million (a 9.4 percent improvement from last year at this time), Bally’s... more
Pennsylvania: Representatives introduce legislation to ban skill-based slot machines
Representatives in Pennsylvania this week introduced legislation that would ban “skill” slot machines in the state. Sen. Amanda... more
Caesars touts strong quarter, anticipates large wage increases
Caesars Entertainment touted its strongest quarter in company history for adjusted earnings led by strength in Las Vegas, profitability in... more
Virginia: Backers rally support for Richmond casino ahead of referendum vote
Six thousand people attended a free concert by the Isley Brothers in Richmond, Virginia, last weekend, part of the campaign to encourage... more
Nevada: Strip baccarat helps state set September record despite other declines
Buoyed by strong baccarat results on the Las Vegas Strip, Nevada reported a September record in gaming revenue, despite many statewide... more
Analyst: New York is “the circus” of casino politics
Late 2025 is the new timeline for awarding the coveted New York City casino licenses. That’s the conclusion of B Global founder Brendan... more
Gaming and Leisure Properties posts Street forecast-topping revenue in third quarter
Gaming and Leisure Properties touted business that widened its portfolio, including a new 99-year ground lease for the Hard Rock Casino in... more
OLG chief gaming officer: Competitive market has been good for us
According to the just-released Ontario Lottery and Gaming Corporation annual report (2022-2023), digital-gaming proceeds increased by... more
G2E: Women in gaming missing in C-Suites by not applying
Some women in the gaming industry are missing out on C-Suite and other executive positions due to a lack of confidence to apply, even... more
VICI continues to show range, tops Street forecasts for cash flow, revenue in third quarter
VICI Properties, which has ventured beyond its core gambling and entertainment business into wellness retreats, continued to show its range... more
Detroit commercial casinos record $101.6 million in revenue for September
September saw Detroit’s commercial casinos register a combined revenue of $101.6 million, according to a report published by the... more
Churchill Downs beats Wall Street forecast on revenue, misses on earnings per share for third quarter
Churchill Downs has its eye on a big opening, next year’s 150th running of the Kentucky Derby. It’s also preapring for a big event,... more
Newcastle player Tonali banned from soccer for 10 months in betting probe
ROME (AP) — Newcastle midfielder Sandro Tonali was banned for 10 months by the Italian soccer federation on Thursday for betting on teams... more
Ottawa’s Shane Pinto suspended 41 games, becomes the 1st modern NHL player banned for gambling
The NHL suspended Ottawa Senators forward Shane Pinto for 41 games on Thursday, making the 22-year-old American the first modern-day hockey... more
Boyd Gaming expects brief slowdown when Durango Station opens in a month
In its third-quarter earnings call, Boyd Gaming reported a a 4% decline in unrated play and warned that the imminent opening of Red Rock... more
Gamblers impacted by Detroit casino strike invited across the river to Canada
More than 3,700 employees, including dealers, food-and-beverage workers, valets, and cleaning staff, have been on strike since last week at... more
California: San Manuel Tribe’s Yaamava’ Resort and Casino encourages employee growth
After she graduated from high school, Bianca Duran’s family urged her to find work. Duran found employment at a school district near... more
The United States Igaming Revenue Report — September 2023
An overview of igaming revenue in New Jersey, Michigan, Pennsylvania, West Virginia, Connecticut, and Delaware, the six states where online... more
After four successful years, CDC Gaming Reports and Inside Asian Gaming renew partnership
Marking over four years of successful cooperation, leading B2B gaming industry media brands Inside Asian Gaming and CDC Gaming are pleased... more
Wall Street Bets: Analysts take on MGM Resorts, 3rd quarter outlook, G2E
MGM Resorts analysis J.P. Morgan analyst Joseph Greff stated in an Oct. 20 note that MGM Resorts shares are down almost 30% since its 2023... more
Light & Wonder completes acquisition of SciPlay
Light & Wonder Monday announced the completion of a previously announced acquisition for the approximately 17% outstanding equity... more
Influencers test new slot games, make connections, at G2E
At the recent Global Gaming Expo in Las Vegas, Brian Christopher was occasionally recognized by fans of his YouTube channel, BCSlots, which... more
G2E: Improved financial condition of sportsbooks sparks M&A talk
The financial improvement of sports-betting and igaming operators has increased the chances of mergers and acquisitions and a greater... more
Analyst on MGM: Less Vegas, more Macau
On the basis of the Sept. 10 cyberattack on MGM Resorts International’s U.S. casinos, J.P. Morgan analyst Joseph Greff adjusted his... more
Nevada allows sportsbooks to take esports bets without approval
Nevada casinos got the go-ahead Thursday to book bets for esports competitions, just as they do sporting events, under new regulations... more
G2E 2023: Early responses positive as organizers start planning for 2024 expo
It’s been a week since the 2023 edition of the Global Gaming Expo in Las Vegas ended. But for many who attended, the afterglow of the... more
GAN granted a conditional license in Nevada
The Nevada Gaming Commission Thursday granted a two-year conditional license to sports-betting-technology company GAN Limited after raising... more
G2E: Moolah Play captures global attention
Cashless credit innovator Marker Trax unveiled its new cashless credit brand, Moolah Play, at the Global Gaming Expo in Las Vegas last... more
Louisiana: Gaming revenue slides for 8th consecutive month
The Louisiana Gaming Control Board Thursday reported September revenue of $185 million, a year-over-year decrease of 2.1%. It’s the... more
Analyst praises tech-sector resilience
“We attended G2E in Vegas last week and remain optimistic on tech’s continued resilience,” reported Truist Securities analyst Barry... more
Momentum in Macau with Las Vegas Sands’s third-quarter earnings
Momentum is building in Macau for Las Vegas Sands. Eight months into its post-COVID reopening, Sands reported Wednesday that Macau had $631... more
Pennsylvania: September sets record igaming revenue of $159.5 million
The Pennsylvania Gaming Control Board Wednesday reported that September revenue from all forms of gambling totaled $476,278,004, a... more
Analyst: Digital profits “are visible now”
One no longer needs eyeglasses to see profitability in igaming or online sports betting according to Truist Securities analyst Barry Jonas... more
G2E: Tribal casinos among those slow to adopt cashless gaming, but more coming in the future
With only 5% of casinos adopting a cashless payment model, many of which are still in beta testing, a tribal casino executive director said... more
Juventus midfielder Nicolò Fagioli gets seven-month ban from soccer for betting violations
MILAN (AP) — Juventus midfielder Nicolò Fagioli was banned for seven months by the Italian soccer federation on Tuesday for betting... more
Fontainebleau Las Vegas makes key executive appointments
The Fontainebleau Las Vegas has appointed two key executives to its leadership team in advance of its December 13 grand opening on the... more
Light & Wonder CEO Matt Wilson talks name change, COVID at G2E
In May 2022, Scientific Games underwent a transformation that reverberated throughout the gaming industry. The company changed its name to... more
Sports, internet bets near-record levels in New Jersey, but 5 of 9 casinos trail pre-pandemic levels
ATLANTIC CITY, N.J, (AP) — Sports betting and internet gambling were at near-record levels in New Jersey in September, and nearly half of... more
Analyst: Virginia ruling boosts Churchill Downs
Virginia’s highest court has ruled that slot-machine-like “skill games” are not a form of protected speech, and the state’s ban on... more
G2E: Financing available for forthcoming casino projects, though at a premium
Wall Street investors continue to be interested in investing in quality casino-resort projects despite tight capital markets, but operators... more
G2E: Global Gaming Women panel shares keys to retaining top talent
Room J, down a hallway from the bustle of the G2E crowd at the Venetian Expo, might have looked like an empty ballroom, except for five... more
G2E 2023 brings over 25,000 gaming industry professionals to Vegas, topping 2022
The 23rd edition of the Global Gaming Expo convened more than 25,000 at the Venetian Expo in Las Vegas, topping 2022’s attendance of... more
Analyst on G2E: “The Las Vegas market is sound”
The Global Gaming Expo facilitated a series of meetings between Wall Street analysts and the major players in the U.S. gaming universe.... more
IGT hopes to hit high note with debut of Whitney Houston slot
If you wanna dance with somebody, few could be a better choice than Whitney Houston. The late singer, among the top-selling musical artists... more
Total wagers up: iGaming Ontario releases Q2 market- performance report
The regulated Ontario igaming market continues to experience growth, according to a quarter-two fiscal-year 2023-24 (July 1 through... more
DSD completes 6.5 MW solar portfolio with Caesars Entertainment in Atlantic City
DSD Renewables has completed a four-canopy 6.5-megawatt solar portfolio for Caesars Entertainment at the gaming company’s Atlantic City... more
Gambler ups the ante with federal lawsuit against Resorts World Las Vegas and its ex-head Sibella
A gambler’s protracted battle with Resorts World Las Vegas reached a new level Monday with a lawsuit filed in U.S. District Court that... more
Penn briefs Wall Street on ESPN Bet launch
Meeting at Global Gaming Expo with Truist Securities analyst Barry Jonas, executives of Penn Entertainment and ESPN said the two companies... more
Casino industry spurs $329 billion in U.S. economic activity, AGA study shows
ATLANTIC CITY, N.J. (AP) — The casino gambling industry in the U.S. generates nearly $329 billion a year in economic activity, according... more
Typhoon doesn’t dampen Macau revenues
Macau’s October is off to a roaring start, according to numbers crunched by J.P. Morgan analysts. Casinos in the Chinese enclave grossed... more
AGEM announces Memorial Awards recipients
Bob Manz and Victor Rocha have been named recipients of the Association of Gaming Equipment Manufacturers’ (AGEM) 2023 Memorial Awards.... more
Las Vegas: Sunset Station launches property upgrades
Sunset Station in suburban Las Vegas has announced that it is launching a property-wide upgrade, which will include a remodel of the casino... more
Global Gaming Expo kicks off four-month major event schedule in Las Vegas
This week’s Global Gaming Expo kicks off an unprecedented four-month schedule of conventions, trade shows, and marquee sporting events on... more
Analysts relieved by MGM cyberattack disclosure
“Cyber impact likely more modest than feared” read the headline on a J.P. Morgan investor note Friday morning. It came in reaction to a... more
Union head: Relationship with casino operator Loto-Québec “fractured”
The Quebec casino strike is over, but workers there are having a tough time getting over the hard feelings and lingering resentment from... more
New York sports betting lucrative in September
Online sports wagering in New York State generated $166 million in revenue on a total handle of $1.7 billion. According to J.P. Morgan... more
SEC filing by MGM: Cyberattack will cost $100 million in adjusted earnings
MGM Resorts International filed a report with the SEC Thursday, indicating that the cyberattack on its systems will cost $100 million in... more
Casino Esports Conference set for Nov. 6-7 in Atlantic City
The Casino Esports Conference returns, taking place Nov. 6 and 7 in Atlantic City, with a theme of igniting innovation at the intersection... more
Aristocrat Gaming ushers in new era of slot content at G2E
Aristocrat Gaming continues to shake up the gaming industry with a display of innovative content, including the first six NFL Slots games,... more
Future of tribal gaming on the G2E agenda
Tribal gaming will be featured as part of 18 educational sessions next week at the Global Gaming Expo in Las Vegas on issues ranging from... more
Casino employee group CEASE hopeful of New Jersey smoking ban winning legislative approval this year
Just two years after forming, a dealers group urging a smoking ban for Atlantic City casinos predicts state lawmakers could approve it this... more
Sands’s stock slide prompts analyst reappraisal
Shares of Las Vegas Sands have fallen 30 percent since early May, compared to a 13 percent decline in the overall Hong Kong bourse and a... more
Influenced by Kerkorian, Murren joins gaming Hall of Fame
After a long tenure at the helm of MGM Resorts International, steering the multibillion-dollar gaming giant through bruising recession and... more
Gaming Hall of Fame: Engineering and math skills benefited Robert Miodunski’s career
Robert Miodunski knew what he wanted to do with his life at an early age. A very early age. “I wanted to be an engineer from the time I... more
AGA outlook expects decrease in gaming economic activity
Top gaming-industry executives are more optimistic than they were six months ago. That was among the findings of the American Gaming... more
After initial hesitancy, Gaming Hall of Fame inductee Ellen Whittemore embraces the industry
When Ellen Whittemore was asked to join the Gaming Division of the Nevada Attorney General’s Office, she hesitated. She was happy... more
Rio Las Vegas unveils new rewards program
The Rio Hotel & Casino has announced a new rewards program after taking over operations from Caesars Entertainment. Rio Rewards took... more
Analyst keen on Vegas, gloomier elsewhere
Jefferies analyst David Katz dissented from some consensus views in the gaming-coverage universe in an 86-page report published today. He... more
AGA’s Maureen Beddis eager to experience her first G2E
It’s not like Maureen Beddis hasn’t been to Las Vegas before. Formerly the executive vice president of the Vision Council, she was a... more
Gaming equipment makers push Nevada regulators for shorter approval times
Gaming-equipment manufacturers are pushing back against state regulators to shorten the approval process and allow their products and... more
Analyst impressed by Churchill Downs’s Virginia presence
Truist Securities analyst Barry Jonas went on a company-guided bus tour of Churchill Downs’s current and future Virginia assets. He came... more
Nevada: Boosted by Strip baccarat win, August gaming record set
Aided by strong hold in baccarat on the Las Vegas Strip, Nevada set a record for August gaming revenue, marking the 30th consecutive month... more
Report: High-risk problem gambling fell slightly in New Jersey even as sports betting took off
ATLANTIC CITY, N.J. (AP) — High-risk problem gambling in New Jersey declined slightly even as sports betting took off in the state,... more
Light & Wonder’s Playzido granted B2B license in Michigan
Light & Wonder Thursday announced that its content creation platform Playzido is now live in Michigan after the Michigan Gaming Control... more
Mindway AI and the DSWV offer self-risk-testing through AI
For the nationwide “Day of Action” against gambling addiction in 2023, the German Sports Betting Association (DSWV), in... more
New Jersey Supreme Court to rule on pandemic-related insurance exclusions
TRENTON, N.J. (AP) — New Jersey’s Supreme Court is considering whether an Atlantic City casino can get payouts from business... more
DraftKings and FanDuel most favored by bettors as omnichannel approach may not be working
DraftKings and FanDuel are the most favored platforms by bettors willing to change operators as they place more bets and lean into parlays,... more
GAN CEO Derek Smurfit resigns, Seamus McGill named interim replacement
GAN Limited Wednesday announced that its board of directors has accepted the resignation of CEO and Director Dermot Smurfit. Gan is... more
Analyst wild about DraftKings
In a major shift of position, J.P. Morgan analyst Joseph Greff went all in on DraftKings, raising his price target from $26 per share to... more
Wall Street Bets: North Carolina, regional properties, Las Vegas room rates
North Carolina gambling legislation In a note posted Sept. 24, Jefferies equity analyst David Katz wrote about North Carolina Republican... more
Canadian Gaming Association leader addresses Advertising Standards changes
In an interview with Gaming News Canada, Canadian Gaming Association president and CEO Paul Burns said he told association members that... more
Loto-Québec reports $711.2 million in revenue for latest quarter
In the midst of recent talk about building a competitive regulated igaming market in Quebec similar to Ontario and with the support of... more
Former lieutenant governor calls for Nevada Gaming Commission cyber briefing after MGM and Caesars hacks
In light of cyberattacks on MGM Resorts International and Caesars Entertainment, former Nevada Lt. Gov. Brian Krolicki, now a Nevada Gaming... more
Analyst perceives regional gaming “deterioration”
Citing “static conditions” in the third quarter, Deutsche Bank analyst Carlo Santarelli wrote that while “trends have remained... more
Carstanjen, Nygaard-Andersen, Hornbuckle featured at G2E’s opening keynote panel
G2E’s opening keynote panel will feature three important gaming industry leaders. The Las Vegas conference Thursday announced that... more
Louisiana: Slight drop in August gaming revenue continues 7-month skid
Gaming revenue in Louisiana continued to drop, however imperceptibly, in August. The Louisiana Gaming Control Board Thursday posted gaming... more
Las Vegas: Durango Station casino fields nearly 25,000 job applications ahead of Nov. 20 opening
Red Rock Resorts’ $780 million Durango Casino & Resort reported it received nearly 25,000 job applications ahead of its Nov. 20... more
Caesars, MGM talk online and international strategies
In meetings last week in Las Vegas with Truist Securities analyst Barry Jonas, executives of Caesars Entertainment and MGM Resorts... more
Top analyst still banking on Formula One
Truist Securities analyst Barry Jonas was in Las Vegas last week and, since his team stayed at Mandalay Bay, got a front-row seat for MGM... more
TribalNet: Gaming tech exec says it’s time finally to talk about cybersecurity
In the wake of the hack on MGM Resorts, a gaming manufacturer executive told the TribalNet technology conference that it’s time the... more
The United States Igaming Revenue Report — August 2023
An overview of igaming revenue in New Jersey, Pennsylvania, Michigan, West Virginia, Delaware, and Connecticut, the six states where online... more
NFL kickoff fuels New York sports betting
Online sports wagering in New York state exploded during the inaugural week of National Football League games. The amount won by operators... more
Republicans ditch efforts to expand legal gambling in North Carolina, will pass budget this week
North Carolina Republican legislative leaders ditched late Tuesday efforts this year to dramatically multiply legal gambling in the state,... more
Pennsylvania: Gaming Control Board reports 7.5% increase in August revenue
The Pennsylvania Gaming Control Board Tuesday posted August revenue of $457.2 million from all forms of gambling. That total is a 7.5%... more
SBC announces move to Lisbon, Portugal, for its flagship conference
SBC Tuesday announced that its flagship global event is moving. SBC Summit Barcelona has been rechristened SBC Summit 2024 and is moving to... more
Wall Street Bets: Analysts take on MGM cyberattacks, Wynn in UAE, IGT
MGM Resorts cyberattack The Sept. 11 cyberattack on MGM Resorts had a ripple effect throughout the gaming industry, with Caesars... more
High-profile cyberattacks will be talk of tribal technology conference this week
Cyberattacks that limited operations at MGM Resorts International properties across the country and compromised Caesars Entertainment... more
Analyst: Wynn’s Arabian venture to be global magnet
Wynn Resorts’s in-progress mega resort-casino on Al Marjan Island in Ras Al Khaimah, United Arab Emirates, is worth an additional $10 to... more
Two large casino operators fell victim to cyberattacks this week, shattering the image of impenetrable casino security
LAS VEGAS (AP) — A persistent error message greeted Dulce Martinez on Monday as she tried to access her casino rewards account to book... more
New Jersey’s casinos, tracks and partners won $531M from gamblers in August
ATLANTIC CITY, N.J. (AP) — New Jersey’s casinos, racetracks that accept sports bets and the online partners of both types of gambling... more
Analyst: Typhoon dampens Sands
Weather reports were adverse for Las Vegas Sands today, as J.P. Morgan analyst Joseph Greff reduced his price target on the stock, citing... more
MGM Resorts websites back in limited capacity
Friday morning, five days after a cyberattack on the company’s servers, the temporary pages that MGM created to help guests in the... more
Caesars reports cyberattack may have exposed customers’ personal data; MGM says some systems still down
LAS VEGAS (AP) — Casino company Caesars Entertainment on Thursday joined Las Vegas gambling rival MGM Resorts International in reporting... more
Despite cyberattacks, analyst reiterates buy ratings for MGM and Caesars
A Wall Street analyst retained his buy ratings for MGM Resorts International and Caesars Entertainment even after both casino companies... more
Analyst: Is Penn Entertainment a bear or bull?
“We think it is broadly safe to say, within our gaming coverage universe, is the most debated name, given what is perceived to be a wide... more
Acres Manufacturing position paper questions free play incentives
Acres Manufacturing Company Wednesday released a new position paper that indicates outdated casino management systems have a $37 billion... more
GeoComply reports record number of geolocation checks during first week of NFL games
Americans not only love football, but they really love to bet on it. According to GeoComply Solutions’ “From the Sidelines to the... more
Missouri’s pro sports teams push to get legal sports gambling on 2024 ballot
JEFFERSON CITY, Mo. (AP) — A coalition of Missouri’s professional sports teams is backing a new effort to legalize sports betting that... more
Australia: Konami Gaming, Star Entertainment Group renew tech partnership
Konami Gaming and Australian casino operator Star Entertainment Group Tuesday announced the extension and expansion of a partnership. Star... more
UPDATE: ‘Cybersecurity issue’ takes down systems at MGM Resorts, affects gaming operations
Early Monday morning, MGM Resorts issued notice of a cybersecurity issue that has taken down key systems in the company’s operations.... more
Wall Street Bets: Analysts take on Light & Wonder, New York sports betting, lodging
Light & Wonder Analysts paid close attention to Light & Wonder over the last week. Truist Securities analyst Barry Jonas said that... more
Analyst: Macau mass market “healthy”
While the decline of Macau’s high-roller customers, customarily referred to as VIPs, has been the subject of considerable media coverage,... more
Analyst sees “continued momentum” at Light & Wonder
Low leverage, “a strong balance sheet” and well-performing games added up to “continued momentum” across the board for Light &... more
BetMGM doesn’t fear newcomers to online betting market, like ESPN Bet
As the NFL kicks off in earnest this weekend, Alan Greenblatt, CEO of BetMGM, told an investor conference that the incumbent operators will... more
MGM CEO: Las Vegas properties well positioned in “golden triangle of sports”
MGM Resorts CEO and President Bill Hornbuckle said the company’s Las Vegas casino-resorts are in the garden spot to benefit from events... more
British Columbia Lottery reports record-breaking income for fiscal year, boosted by new Cascades Casino Delta
The British Columbia Lottery Corporation just released its annual report, reporting a record-breaking net income of CAD$1.636 billion... more
Legal sports betting opens to fanfare in Kentucky; governor makes the first wager
LOUISVILLE, Ky. (AP) — Kentucky Gov. Andy Beshear plunked down a $20 bet Thursday on two home-state college football teams — and... more
AGEM Index increases 12.91 points in August
The AGEM Index increased by 12.91 points to 1,107.07 in August, a 1.2 percent increase from the priorSDuring the latest month, seven of the... more
“Pivotal year” for digital wagering companies as NFL kicks off Thursday
As the NFL kicks off its season Thursday night with the Kansas City Chiefs playing the Detroit Lions, an American Gaming Association survey... more
Durango Casino & Resort primed to open in Las Vegas
The Nevada Gaming Control Board Wednesday recommended Red Rock Resorts’s Durango Casino & Resort get the go-ahead to open the $780... more
Red Rock president seeks gaming license as Culinary Union demands answers
The Culinary Union showed up in force Wednesday at the Nevada Gaming Control Board, where the board’s three members recommended that... more
New AGCO advertising standards create industry confusion
At least one operator is more than a little confused by the updated Alcohol and Gaming of Ontario’s (AGCO) Advertising Standards,... more
BetMGM first to feature Aristocrat’s Buffalo igaming slot in New Jersey
The Buffalo slot game is making its online debut in New Jersey. BetMGM Tuesday announced the popular Aristocrat game is now available to... more
While gambling opponents rally, North Carolina Republicans weigh commercial casinos, VGTs, igaming in closed session
RALEIGH, N.C. (AP) — As North Carolina House members met privately over whether to authorize more gambling in the state, social... more
As sports betting spikes, help for problem gamblers expands in some states
When the NFL season kicks off this week, Kentucky residents and visitors — for the first time — will be able to legally place sports... more
Entain Foundation U.S. works to educate athletes about responsible gambling practices
As more jurisdictions legalize sports betting, there is more scrutiny. And increased scrutiny has cost some athletes dearly. According to... more
UAE creates federal authority for ‘commercial gaming’ as casino giants flock to Gulf Arab nation
DUBAI, United Arab Emirates (AP) — The United Arab Emirates has created a federal authority to potentially run a national lottery and... more
New Hampshire: Lawmaker who owns casino resigns from gambling study commission amid criminal investigation
A Republican lawmaker who owns a casino resigned as head of a study committee on gambling Friday, a day after authorities said she and her... more
Rivalry projects profitability in H1 2024
Rivalry CEO Steven Salz spoke earlier this summer about how the marketing strategy for the Toronto-based company sets them apart in the... more
House luck played a role in Nevada and Las Vegas Strip gaming-revenue records
While Nevada and the Las Vegas Strip set records in July for gaming revenue, a Wall Street analyst said some of the showing for casinos has... more
After 25 years, Responsible Gaming Education Month fully embraced by the gaming industry
Responsible gaming messages are part of every advertisement, every commercial, every press release for the gaming industry. In casinos and... more
MGM Resorts, BetMGM to promote GameSense responsible gambling messages at NFL stadiums
MGM Resorts International and BetMGM Thursday announced that GameSense, their shared responsible gaming program, will be available at nine... more
Aristocrat Gaming’s NFL slot begins distribution to casinos nationwide
Are you ready for some football … themed-slots? Aristocrat Gaming Thursday will begin distributing its NFL-themed ‘Super Bowl... more
Nevada on record gaming-revenue pace as Las Vegas visitation and hotel occupancy continue to build
Nevada is holding steady for record gaming revenue, with Las Vegas visitation running 8% higher than 2022. Moreover, it’s expected to... more
Las Vegas and Nevada set gaming records amid record temperatures in July
The record heat kept people indoors and didn’t slow their willingness to gamble in July, as Nevada and the Las Vegas Strip set all-time... more
Analyst scrutinizes Hard Rock sale
Hard Rock International’s entry into the property-resale trend brought the tribally owned company to the notice of lead Deutsche Bank... more
DOJ “takes seriously” illegal gambling as college and NFL wagering kicks off
As the college football season kicks off in earnest this weekend and the NFL follows a week later, the Department of Justice told state... more
GLPI acquires Hard Rock Casino site in Rockford, Illinois
Gaming and Leisure Properties announced Tuesday that it has acquired the northern Illinois site associated with the Hard Rock Casino... more
New EZ Baccarat distribution pacts cover Latin America, European Union, Australia
EZ Baccarat is extending its international reach with distribution agreements taking effect soon for Latin America, the European Union,... more
NASCAR, Sportradar, extend media-rights partnership
NASCAR on Tuesday announced a four-year extension of its media-rights partnership with Sportradar. The extension now includes official... more
Las Vegas: Airport sets July record, most international passengers since pre-COVID
Las Vegas set a record for the month of July for passengers who traveled through Harry Reid International Airport. On pace for another... more
Wall Street Bets: Football season boosting sports betting
Wall Street Bets is a roundup of recent notes from analysts covering the gambling industry. Sports-betting outlook With college and... more
New tool will allow college athletes to report gambling suspicions to a sports wagering monitor
A digital platform where college athletes can alert their administrations anonymously to improper or illegal conduct by coaches, teammates... more
Arizona: Casino Del Sol promotes two from executive training program
Casino Del Sol Monday announced that two employees who completed its Executive Career Ladder Program have been promoted. Miguel Escamilla,... more
Las Vegas casinos looking to bring experiences to guests beyond gaming
Las Vegas casinos and other gathering places continue to look for ways to attract tourists and visitors to their property that go beyond... more
Players credit the NFL and union with doing a better job of teaching when sports betting isn’t OK
NASHVILLE, Tenn. (AP) — Detroit wide receiver Jameson Williams and Tennessee right tackle Nicholas Petit-Frere begin six-game suspensions... more
Tilman Fertitta set to take over ownership of Hard Rock Lake Tahoe casino on Friday
The Nevada Gaming Commission on Thursday approved billionaire Tilman Fertitta’s acquisition of the Hard Rock Lake Tahoe resort, a deal... more
Rivalry launches same-game parlays for esports
Same-game parlays, meaning bets on multiple outcomes from the same contest, is popular globally among sports-betting fans. For example,... more
Building customer loyalty through payment tech
As the Ontario sports-betting market becomes more competitive, operators are looking for ways to differentiate themselves and maintain... more
Churchill Downs completes acquisition of Exacta Systems
Churchill Downs Incorporated Tuesday announced it completed its purchase of Exacta Systems for $250 million in cash. The transaction is... more
American Gaming Association releases data from unregulated-skill-machine survey
The American Gaming Association Wednesday released data from an online survey indicating most Americans are familiar with unregulated skill... more
Atlantic City casinos still profitable, but their bottom line is getting leaner
ATLANTIC CITY, N.J. (AP) — All nine Atlantic City casinos turned a profit in the second quarter of this year, although that collective... more
Kentucky commission approves licenses for September launch of sports wagering
LEXINGTON, Ky. (AP) — Kentucky awarded licenses Tuesday for horse tracks to operate sports betting facilities and for companies to accept... more
The United States Igaming Revenue Report – July 2023
An overview of igaming revenue in New Jersey, Pennsylvania, Michigan, Connecticut, West Virginia, and Delaware, the six states where online... more
Louisiana: Monthly gaming revenue drops for sixth straight month in Bayou State
Gaming revenue in Louisiana continues to fall below 2022 totals. For the sixth consecutive month, the Louisiana Gaming Control Board Monday... more
Alcohol and Gaming Commission of Ontario names Karin Schnarr CEO and registrar
Another day, another move on the Alcohol and Gaming Commission of Ontario front, with the news Monday that Dr. Karin Schnarr will be... more
Wall Street Bets: Online sports betting/igaming, Gambling.com, Las Vegas Strip rates
Wall Street Bets is a roundup of recent notes from analysts covering the gambling industry. Online sports betting/igaming In an August 20... more
British Columbia Lottery offering popular Ruyi Baccarat to North American casinos
The British Columbia Lottery Corporation (BCLC) has announced it has signed an exclusive license agreement with Light & Wonder, Inc.,... more
College football season arrives as gambling scandals, bet monitoring take on primary role
LAS VEGAS (AP) — North Carolina junior tight end John Copenhaver gets group text message from his university pointing out the latest... more
Pennsylvania: Gaming revenue reaches $467.0 million in July
The Pennsylvania Gaming Control Board Thursday reported revenue of $467,043,707 for July from all forms of gambling. That total is a... more
AGA report: Gaming industry revenue rises for 10th straight quarter
The inexorable momentum of the gaming industry seemingly has no end in sight. The American Gaming Association Wednesday announced that its... more
New Jersey’s gambling revenue was up by 5.3% in July
ATLANTIC CITY, N.J. (AP) — Atlantic City’s casinos, the three New Jersey horse tracks that take sports bets, and their online partners... more
Wall Street Bets: Analysts take on Aristocrat/NeoGames, Light & Wonder, Las Vegas Strip
Aristocrat Leisure/NeoGames In an August 14 note, Jefferies equity analyst David Katz wrote that the announcement that Aristocrat Leisure... more
Galaxy Gaming reverses loss, posts higher revenue in second quarter
Las Vegas table-game and systems developer and distributor Galaxy Gaming touted an extended license with partner Evolution and posted... more
Century Casinos Q2 results highlighted by Canadian real estate sale
Century Casinos announced their second-quarter financial results with several acquisitions highlighting the three-month period that ended... more
G2E smoking-policy panelists look for “genuine discussion” of thorny issue
The first-ever G2E panel discussion on smoking in casinos will focus attention on the supposed threat a smokefree policy poses to gaming... more
Aristocrat Gaming unveils new range of games at AGE23
Aristocrat Gaming will showcase a line-up of games at the Australasian Gaming Expo (AGE) this week in Sydney. Attendees can view 12 game... more
AGEM Index increases 43.40 points in July
The AGEM Index increased by 43.40 points in July 2023 to 1,094.16, up 4.1 percent over June. Compared to one year ago, the Index was up... more
Iowa coach Ferentz says the integrity of the game cannot be compromised as betting probe unfolds
IOWA CITY, Iowa (AP) — Kirk Ferentz has known for weeks that several of his Iowa football players were under investigation for illegal... more
Wynn closing WynnBET in eight states, maybe more
Wynn Resorts said today it is closing its online-sports-betting and igaming platform WynnBET in eight states and will consider doing the... more
Seven more current and former college football players charged in Iowa gambling investigation
Jirehl Brock and three other Iowa State football players along with three current or former Iowa football players and a student assistant... more
OPTX to showcase its products at Oklahoma tribal gaming trade show
As part of its expansion in the market, Las Vegas-based data-platform company OPTX will showcase its latest products and features at the... more
Higher interest costs dampen second-quarter earnings for Everi, but revenue rises
Higher net interest costs prompted a drop in second-quarter earnings for gaming-equipment and cash-access provider Everi Holdings. The... more
South Dakota: Deadwood welcomes Hard Rock’s Rocksino
Deadwood, South Dakota, this week welcomed the opening of Rocksino, a boutique hotel and casino from the Hard Rock International portfolio.... more
Wall Street Bets: Analysts examine Penn Entertainment, ESPN, Barstool deals
The news that Penn Entertainment is ditching Barstool Sports and entering a $2 billion agreement with ESPN has drawn attention from gaming,... more
Wynn Resorts touts second-quarter results and UAE construction
Wynn Resorts CEO Craig Billings touted second-quarter results, as the company announced that construction is underway on its resort on Al... more
Penn’s second-quarter earnings call focuses on everything but earnings
During Wednesday’s earnings call, there was a single question about Penn Entertainment’s second-quarter results. That’s unheard of,... more
Tilman Fertitta tells Nevada regulators about his plans for Hard Rock Lake Tahoe
Billionaire Tilman Fertitta filled in Nevada regulators Wednesday concerning his intention to totally revamp the Hard Rock Lake Tahoe and... more
JCM to present automated transaction technologies at AGE 2023
At the Australasian Gaming Expo 2023, JCM will exhibit its transaction technologies that increase efficiencies and boost security,... more
Light & Wonder posts higher revenue, reunites with SciPlay
Light & Wonder, the Las Vegas-based cross-platform games company, acquired the last remaining stake in mobile-game company SciPlay and... more
New product dominates Full House earnings call
Quarterly numbers took a back seat to architecture as Full House Resorts CEO Dan Lee devoted a considerable amount of the second-quarter... more
Penn Entertainment announces ESPN sportsbook partnership, divestiture of Barstool Sports
Penn Entertainment Tuesday afternoon announced an agreement with one of the country’s biggest sports brands, and the divesture of another... more
Light & Wonder finalizes agreement to acquire remaining SciPlay shares
After markets closed Tuesday, Light & Wonder announced it has entered a definitive agreement to acquire the remaining 17% equity... more
Wynn appoints Paul Liu to board of directors
Wynn Resort Monday announced the appointment of Paul Liu to its board of directors. Liu will be an independent director and a Class I... more
AGA announces 2023 Gaming Hall of Fame class
The American Gaming Association (AGA) Monday introduced the latest class of the Hall of Fame. The new inductees are: Bill Anoatubby,... more
DraftKings shares surge on positive cash flow, spiking revenue in second quarter
DraftKings shares spiked Friday after the sports-betting giant reported a slimmer loss, surging revenue, and positive adjusted cash flow... more
Analysts gauge impact of summer heat on Las Vegas casinos and customers
Las Vegas sweltered in July, setting at least two temperature records, and gaming analysts are pointing to increased utility costs for... more
Accel Entertainment: Earnings dip, but cash flow and revenue rise in Q2
A change in fair value of contingent earn-out shares dampened profits for video-gaming-terminal provider Accel Entertainment. Earnings per... more
Red Rock Resorts sets Nov. 20 debut for Durango Station in southwest Las Vegas
Red Rock Resorts announced Thursday that it’s targeting November 20, during Thanksgiving week, to open its $780 million Durango Casino... more
PlayAGS sets revenue record in second quarter, topping Street forecasts
Electronic slot and bingo machine maker PlayAGS posted lower year-to-year net income in the second quarter, weighed down by higher interest... more
Where are partnerships between Ontario sportsbooks and sports teams heading?
Debate all you want about the actual size of the Ontario igaming market compared to the other North America jurisdictions, but Ontario has... more
Bally’s posts record second-quarter numbers
Announcing record-setting revenue from casinos and igaming, Bally’s Corp. reported $606.2 million in net revenue today. Cash flow came in... more
Louisiana State football coach cites gambling concerns while adopting new injury reporting policy
BATON ROUGE, La. (AP) — LSU has a new, more “transparent” injury reporting policy that football coach Brian Kelly described Thursday... more
MGM’s agreement with Marriott elicits interest during earnings call; CEO bullish on Macau
In July, MGM Resorts International and Marriott International forged an agreement that drew interest from Wall Street analysts during... more
Caesars Entertainment sparks M&A discussion among Wall Street analysts
During the second-quarter earnings call this week, Caesars Entertainment raised the issue of being aggressive in the mergers and... more
Rush Street Interactive beats Wall Street expectations in Q2
In its second-quarter earnings statement, Rush Street Interactive announced revenue of $165.1 million, a 15 percent increase over the same... more
Gambling sting at Iowa and Iowa St. results in charges against 7 current and former athletes so far
Gambling investigations at Iowa and Iowa State have resulted in criminal charges filed against seven current or former athletes, with... more
IGT second-quarter revenue passes Street forecasts
A 13% rise in global gaming revenue and a 38% increase in PlayDigital revenue helped International Game Technology’s second-quarter... more
Play Synergy granted Nevada licenses, finalizes purchases of Aruze Gaming assets
Yesterday, Play Synergy announced that it was granted manufacturer and gaming licenses by the Nevada Gaming Commission. An Empire... more
Wall Street Bets: Analysts take on BetMGM, Las Vegas Strip, Gaming & Leisure Properties, rise in negative outlooks
David Katz, equity analyst for Jefferies, July 30 wrote an update about BetMGM and its future ownership structure. “In short, BetMGM... more
ICE moves from London to Barcelona in 2025
Clarion Gaming Tuesday announced that following an extensive and detailed six-month competitive bid process involving Barcelona, London,... more
Golden Entertainment cites renovations at Strat for second-quarter revenue and earnings decline
Golden Entertainment reported second-quarter declines in revenue, net income, and adjusted earnings, blaming pool and room renovations at... more
California: Santa Anita to install artificial training track as part of $32M renovation
ARCADIA, Calif. (AP) — Santa Anita will replace its dirt training track with a synthetic surface as part of nearly $32 million in... more
Kentucky: Churchill Downs to resume racing at fall meet with no changes after horse deaths
LOUISVILLE, Ky. (AP) — Racing will resume at Churchill Downs in September, with no changes being made after a review of surfaces and... more
Ainsworth Access: Ultra Shot’s innovations propel slot play, and company, into a new dimension of excitement
Sometimes, there are magical moments for gifted creators and designers who realize a concept they have developed has more to build and... more
VICI announces partnership with Canyon Ranch; second-quarter results top Street forecasts
VICI Properties eyed expansion in its core gambling and entertainment business and looked to widen its wellness businesses foothold as it... more
Gaming and Leisure Properties earnings top Street forecasts; CEO discusses growth, baseball stadium
Gaming and Leisure Properties Chief Executive Officer Peter Carlino discussed second-quarter earnings, plans for growth, and baseball... more
FY 2023: Nevada sets records for slots, table games, and sports betting
Record revenue in slots, table games, and sports betting paved the way for Nevada to set an all-time record in fiscal year 2023. That... more
Nevada sets gaming revenue record in first-half 2023
Nevada gaming revenue hit a wall in year-over-year comparisons by dropping 2.4% in June, but that didn’t stop the state from setting a... more
Derby Week fuels surge for Churchill Downs, but second-quarter revenue, earnings miss forecasts
Horse track and casino operator Churchill Downs announced a $14 million renovation of the Jockey Club and reported record adjusted cash... more
Las Vegas: $350 million in renovations will change perception of outdated Rio
The Nevada Gaming Commission Thursday signed off on the ownership of the Rio Hotel & Casino taking over the operations of the resort... more
Las Vegas revenue and earnings down for Boyd, gains with online gaming and Sky River management
With softness in locals play and out-of-town guests visiting their casinos less in April, Boyd Gaming’s Las Vegas operations reported a... more
Las Vegas: Mirage announces two executive hires; one to work on resort redesign
The Mirage Hotel & Casino announced Thursday that it hired two people to its executive team, Orestes “O.G.” Guerra as vice... more
Churchill Downs announces $14 million renovation project
Churchill Downs Incorporated Wednesday announced a $14 million renovation project to update and refresh the Jockey Club Suites at Churchill... more
Walter Bogumil to serve as chief financial officer for Genting Americas East
Destinations operator Genting Americas East Thursday appointed Walter Bogumil as chief financial officer. Bogumil will be in charge of... more
Aristocrat gives peek at first NFL-themed slot [w/ VIDEO]
Super Bowl Jackpots, Aristocrat Gaming’s first slot machine developed under an agreement with the National Football League, allows slot... more
Design for Las Vegas Strip mass shooting memorial features a garden path and 58 beams of light
LAS VEGAS (AP) — Fifty-eight towering, candlelike beams will cast a blanket of warm light on visitors in the design concept chosen... more
Former Fontainebleau Las Vegas head Cliff Atkinson named president of Virgin Las Vegas
Cliff Atkinson, the one-time president of Fontainebleau Las Vegas and former president and COO of the Luxor, has been named president of... more
Las Vegas: Reid International Airport sets June record led by travel gains from Canada, Britain, South Korea
With international travel up 48% in 2023, Harry Reid International Airport in Las Vegas set a June record by handling 4.88 million... more
BetMGM outperformance reignites buyout speculation
Back on February 8, MGM Resorts International said it was “moving on” from takeover talk about joint-venture partner Entain, adding... more
Century Casinos acquires Rocky Gap operations from Golden Entertainment
Century Casinos has completed the acquisition of the operations of Rocky Gap Casino Resort in Maryland from Golden Entertainment for $56.1... more
Brazil regulates sports betting, taxes companies amid scandal
SAO PAULO (AP) — Brazil’s government issued a provisional decree on Tuesday to authorize sports betting and tax companies’ revenues... more
Oklahoma attorney general joins lawsuit over tribal gambling agreements, criticizes GOP governor
OKLAHOMA CITY (AP) — Oklahoma’s new Republican attorney general accused Gov. Kevin Stitt on Tuesday of failing to follow state law and... more
The United States Igaming Revenue Report – June 2023
An overview of igaming revenue in Michigan, New Jersey, Pennsylvania, Connecticut, West Virginia, and Delaware, the six states where online... more
Wall Street Bets: Analysts take on earnings from PENN, LVS in Macau, GLPI and Monarch
In a July 24 note, J.P. Morgan analyst Joseph Greff wrote that the company was lowering its second quarter EBITDAR (net interactive loss... more
Quebec casinos continue to welcome customers despite ongoing strike
It’s business as usual at the four casinos Loto-Québec operates across the province of Quebec, despite an ongoing strike of the union... more
Versatility, adaptability, fearlessness mark Dr. Laila Mintas’ career
Dr. Laila Mintas admits she’s not a sports fan and isn’t a gambler. “I’m a somewhat atypical German,” she says. How then, did... more
Visitors flying to Las Vegas from California up 48% in 2022; Toronto top international feeder
Led by growth in the Los Angeles area, California airports flew 48% more visitors to Las Vegas in 2022, while London closed the gap on... more
Casino Marketing & Technology Conference: “How to successfully multi-channel your customers”
The Casino Marketing & Technology Conference that ended Wednesday in Reno was largely attended by marketers. Therefore, the panel on... more
Four new casinos, video gambling could be on horizon as North Carolina Republicans negotiate
RALEIGH, N.C. (AP) — As many as four new casinos as well as video gambling machines could be authorized in North Carolina under proposals... more
Louisiana gaming revenue reaches $196 million in June, year-over-year drop of 2%
The Louisiana Gaming Control Board on Thursday posted revenue of $196 million in June from riverboat casinos and the Harrah’s New Orleans... more
SIGA announces record-breaking year
It’s been a robust year on the gaming front on the Canadian Prairies, according to the 2022-23 annual report issued yesterday the... more
Sands beats second-quarter estimates with recovery in Macau
Aided by the recovery in Macau, the Las Vegas Sands Corp. beat second-quarter Wall Street estimates when it reported its earnings on... more
IBIA quarterly report highlights year-over-year decrease in suspicious betting activity
According to a report issued Wednesday by the International Betting Integrity Association, there were 50 incidents of suspicious betting... more
Tribal gaming revenues rise nearly 5% and hit record high in fiscal 2022
Tribal-gaming revenues rose nearly 5% in fiscal-year 2022 and reached $40.9 billion, the highest amount in its history, according to a... more
NeoGames shareholders approve business continuation agreement for Aristocrat acquisition
Aristocrat Leisure Wednesday confirmed that shareholders of NeoGames voted to adopt the Business Combination Agreement entered into with... more
Wynn Resorts Chair Satre kicks off Casino Marketing + Technology Conference
Industry veteran and current Chairman of Wynn Resorts, Phil Satre, was the opening keynote speaker at the Casino Marketing + Technology... more
Caesars inspires analyst rave
Upward movement in Caesars Entertainment’s non-Las Vegas operations drew a favorable notice from J.P. Morgan analyst Joseph Greff... more
Pennsylvania: Gaming revenue increased 13% to $440 million in June
The Pennsylvania Gaming Control Board Tuesday reported that revenue from all forms of gambling reached $440,491,675 million in June. The... more
Wall Street Bets: Analysts take on first half of 2023, Gambling.com, DraftKings, MGM Macau
Truist Securities analyst Barry Jonas, in a July 18 statement, wrote that gaming industry fundamentals through the first half of 2023... more
Golden Gate Fields racetrack in Northern California to close this fall, as owners “double down” on Santa Anita
It’s the end of an era for Northern California horse racing. Golden Gate Fields will permanently close after its final racing date later... more
Second-quarter earnings season kicks off Wednesday
Las Vegas Sands Corp. will be the first major casino operator to report second-quarter earnings on Wednesday and one analyst said digital... more
MGM, Marriott ink pact; analysts approve
Forging a marketing alliance, MGM Resorts International and Marriott International announced a sweeping new arrangement today. When... more
Entain to acquire Angstrom Sports for for £81 (US$105) million and contingent payments
Entain Monday announce the acquisition of Angstrom Sports for for £81 (US$105) million, plus contingent payments payable over three years... more
Play Synergy announces pending acquisition of Aruze Gaming slot operations
Empire Technological Group, DBA Play Synergy, Monday announced the pending acquisition of Aruze Gaming America’s slot operations,... more
Nationwide casino scam hits tribal properties, National Indian Gaming Commission warns
The National Indian Gaming Commission has sent a warning to tribal gaming operators and regulators, alerting them to imposters pretending... more
InfiGifts expands offering to casinos
InfiGifts has unveiled new features designed to enhance the traditional promotional-gift experience at the casino. Recognizing that some... more
New Jersey gambling revenue up nearly 14%, but most casinos still trail pre-pandemic levels
ATLANTIC CITY, N.J. (AP) — New Jersey’s casinos, horse tracks that take sports bets, and the online partners of both those types of... more
Analyst: Florida sports betting coming back soon, among other developments
Sports betting in the Sunshine State and the uncertainty surrounding it dominated an address by B Global founder and political pundit... more
Top North Carolina senator says chances for approving more sanctioned gambling this session “better than 50-50″
RALEIGH, N.C. (AP) — One of North Carolina’s most powerful legislators expressed optimism Thursday that a further expansion of... more
SBC plans new event in Brazil, SBC Summit Rio, for March 2024
South America is slated to become the next continent to host an SBC event. The organization Thursday announced that SBC Summit Rio will be... more
Fontainebleau Las Vegas on track for November licensing ahead of December opening
The multi-billion-dollar Fontainebleau Las Vegas passed its first regulatory test on Wednesday as it sets the stage for state licensing in... more
Rio ownership on track to take over operations from Caesars Entertainment in October
The ownership of the Rio Hotel & Casino in Las Vegas passed the first step toward taking over operations from Caesars Entertainment on... more
There have been 175 sports-betting violations since 2018, 17 active investigations, NCAA head tells Nevada Rep. Titus
LAS VEGAS (AP) — The NCAA has found 175 infractions of its sports-betting policy since 2018 and there are 17 active investigations,... more
Macau performance boosts buy rating among Las Vegas-based gaming giants
Buoyed by the ongoing recovery in Macau, a Wall Street analyst has maintained his buy ratings for Las Vegas Sands, Wynn Resorts, and MGM... more
Happy 100th birthday, Len Ainsworth
There are a handful of legendary figures in the casino business and the world of slot machines, but only one for them made it to their... more
Hostage freed after hourslong standoff at Caesars Palace hotel room, Las Vegas police say
LAS VEGAS (AP) — A man was arrested and a woman described as his hostage was released unharmed Tuesday after an hourslong standoff in a... more
Sportradar expands partnership with Caesars Sportsbook for data
Sportradar Tuesday announced the expansion of a partnership with Caesars Sportsbook. Per the agreement, Sportradar will continue to be the... more
Macau moves the needle on Wynn, analyst says
Although he stopped short of putting a Buy rating on shares of Wynn Resorts, J.P. Morgan analyst Joseph Greff posted bullish estimates for... more
In Las Vegas, NBA Commissioner Adam Silver discusses keeping eye on gambling
LAS VEGAS (AP) — NBA Commissioner Adam Silver said Monday that he believes all leagues have to continue keeping an incredibly close eye... more
Kentucky will roll out sports betting for retail on Sept. 7, in time for the start of NFL season
Kentucky racing officials have approved a rollout for sports betting, which will take effect when the NFL season begins in September. The... more
Deutsche Bank downgrades gaming REITs from buy to hold
A gaming analyst has downgraded shares of gaming real estate investment trusts VICI Properties and Gaming & Leisure Properties from a... more
Bellagio land for sale; would boost gaming stocks, analyst says
A Wall Street analyst believes plenty of buyers will line up to acquire the real estate under Bellagio casino in Las Vegas and that its... more
Nevada regulators warn of multi-million-dollar nationwide casino scam
The Nevada Gaming Control Board Friday issued a warning to casinos of a still-evolving nationwide scam involving sophisticated... more
AGEM Index jumps 93.79 points in June
The AGEM Index increased by 93.79 points in June 2023 to 1,050.77, a 9.8% increase from the prior month. Compared to a year ago, the Index... more
Las Vegas: Fontainebleau and Rio seek regulatory approvals, change in operators
The Fontainebleau Las Vegas is moving forward with its regulatory approvals ahead of opening in December and its executives will take... more
Higher holds boost DraftKings price targets
A more tight-fisted approach with players is paying off for DraftKings. In an investor note released last night, Deutsche Bank analyst... more
Washington: Maverick Gaming acquires All-Star Lanes & Casino
Maverick Gaming Thursday announced the acquisition of All-Star Lanes & Casino in Silverdale, Washington. A regional casino operator... more
Facing commercial competition, Great Blue Heron tribal casino owners look for better deal with Ontario government
Every day the brand new $1 billion Vegas-style Great Canadian Casino Resort Toronto operates, as well as the company’s shiny... more
Light & Wonder CFO leaving gaming industry
On the eve of the July Fourth holiday, game-maker Light & Wonder announced that Chief Financial Officer Connie James was stepping down... more
What does slowing Nevada gaming revenue mean going forward?
From a surge coming out of the pandemic and despite Las Vegas visitation continuing to grow, Nevada gaming revenue has started to show... more
FanDuel signs sponsorship deal with the Canadian Football League
Interesting news on the Canadian igaming sports sponsorship front on Friday: FanDuel has been announced as the first “authorized”... more
CDC Gaming Show host Casey Gonzales aims to explore gaming industry innovations, trends
As host of the recently launched CDC Gaming Show, Casey Gonzales tries to cover various aspects of the gaming industry. He’ll interview... more
Wall Street analysts paints positive picture for MGM Resorts International
A Wall Street analyst has put out a buy rating for MGM Resorts International stock after reviewing trends for Macau and Las Vegas and said... more
NFL suspends 3 players indefinitely, 4th gets 6 games for violating gambling policy
INDIANAPOLIS (AP) — The NFL suspended three players indefinitely Thursday for violating the league’s gambling policy and a fourth was... more
Analyst: Regional casinos “out of favor” with investors
Charting a “slow bleed” across regional casino properties, Deutsche Bank analyst Carlo Santarelli concluded today that on balance,... more
Churchill Downs declines to renew management agreement with Lady Luck Nemacolin
Churchill Downs Incorporated announced yesterday that it didn’t renew a management agreement with Lady Luck Casino Nemacolin in... more
Internet gambling would be given five more years under latest change in New Jersey
ATLANTIC CITY, N.J. (AP) — Internet gambling in New Jersey would be allowed to take place for at least five more years under the latest... more
Nevada: May gaming numbers dip slightly as state gears up for holiday weekend
Nevada’s May gaming revenues, buoyed by a strong showing from Las Vegas locals casinos, recorded a 27th consecutive month in excess of $1... more
Casino security experts “dumbfounded” over $1 million Las Vegas theft and other scams in 2023
In a scenario far removed from the Hollywood-style robbery in the movie Ocean’s Eleven, industry security experts around the country are... more
Atlantic City casinos want 10 more years of internet gambling, but state legislature may only extend approval for two
TRENTON, N.J. (AP) — New Jersey’s casinos want to expand the state’s tops-in-the-nation internet gambling market for another 10... more
Analyst blasts New York governor in scathing legislative roundup
B Global founder Brendan Bussmann pulled no punches today when assessing New York State Gov. Kathy Hochul’s latest foray into gaming... more
BMM Testlabs sets earnings record
BMM Testlabs, the world’s original gaming test lab and product-certification consultancy, announced that its revenues and adjusted... more
With a fresh look, G2E hopes to build on the success of 2022
By most measures, the 2022 edition of the Global Gaming Expo was a success. After attendance dipped in 2021 because of concerns about... more
QCI’s use of artificial intelligence mirror’s technology’s increased global use
Andrew Cardno, the co-founder and Chief Technology Officer of San Diego-based Quick Custom Intelligence (QCI), identifies the rise of... more
Sands boosted on Macau strength
Citing better-than-expected performance following China’s Golden Week holiday period and ahead of June gambling-revenue reports, J.P.... more
FIFA signs gambling sponsor in New Zealand for Women’s World Cup
ZURICH (AP) — FIFA has its first gambling sponsor for the Women’s World Cup, announcing a deal Monday with the New Zealand state... more
Canadian Gaming Summit, first partnership between SBC and CGA, set attendance record
A record setting 2,000 attendees gathered at the recent Canadian Gaming Summit in Toronto, Ontario. The 26th edition of the event, the... more
Wall Street conference buoys Las Vegas outlook and Oakland A’s relocation potential for Tropicana site
A Wall Street firm’s summer conference this week, in which analysts met with 20 gaming and leisure companies, painted a positive outlook... more
Canadian Gaming Summit: A unified strategy on competition manipulation
Competition manipulation presents a significant potential integrity risk to sports organizations and their regulated betting partners,... more
Mohegan Casino at Virgin Hotels Las Vegas celebrates two years as city’s first tribal-operated casino
More than two years after becoming Las Vegas’s first casino operated by a tribe, the Mohegan Casino at Virgin Hotels continues to market... more
Churchill Downs green-lights HRM facility
Two years and two ownerships in the making, a historical horse racing machine (HRM) parlor at Kentucky’s Ellis Park track is finally... more
Pennsylvania: Gaming revenue increases to $479 million in May
The Pennsylvania Gaming Control Board Tuesday reported revenue of $479.4 million in May from all forms of gaming, a year-over-year increase... more
Former Sightline Payments, AGA VP Michaels opens consulting firm ‘Michaels Strategies’
Jonathan Michaels has always kept abreast of the latest innovations in the gaming industry. With the American Gaming Association as vice... more
“Casinopalooza” finds Chicago in good shape
Truist Securities gaming analyst Barry Jonas returned from visits to a plethora of properties in Chicagoland, what he describes as his... more
Canadian Gaming Summit: Ontario, one year later
There are no better individuals to give an assessment of where the Ontario markets sits after launching a little more than one year ago... more
New Jersey casinos, tracks and partners won $471M in May, up 9.4%, but in-person winnings still lag
ATLANTIC CITY, N.J. (AP) — New Jersey’s casinos, horse tracks that take sports bets and the online partners of both types of gambling... more
DraftKings makes bid for PointsBet for $195 million
DraftKings Friday announced it has delivered a letter to the non-executive chairman and CEO of PointsBet setting forth an indicative offer... more
Louisiana: May gaming revenue totals $202.8 million, down slightly year-over-year
The Louisiana Gaming Control Board this week reported revenue of $202.8 million in May from the state’s riverboat casinos and Harrah’s... more
Lopez and AGS GameON 2023
“User Conferences” in the slot industry are nothing new. IGT may have done the first of these in the late ‘90s to gather customers to... more
AGS GameON: Panel touts slot transparency, influencers, smart marketing to draw players
Sports fans relish stats such as quarterback passer ratings, a baseball slugger’s on-base-plus-slugging percentage, or a basketball... more
Roger Gros: A tale of two teeth and three leaky heart valves
Many, if not all of you, know Roger Gros, Publisher of Global Gaming Business magazine. Last July, Roger bumped his head, causing some... more
Analyst: Penn darkest before the dawn
Return on investment (ROI) from Penn Entertainment’s interactive operations will get worse before it gets better. That’s the thesis of... more
Ontario’s regulated online gaming market generates 12,000 full-time jobs, CAD$1.6B economic impact, in first year
At Wednesday’s Canadian Gaming Summit in Toronto, Martha Otton, executive director of iGaming Ontario (iGO), the subsidiary of provincial... more
North Carolina governor signs sports, horse racing betting law; begins in early 2024
CHARLOTTE, NC (AP) — Regulated sports betting and horse racing should begin across North Carolina in the first half of next year after... more
New Jersey: Gambling giant MGM says it did nothing wrong as ‘fraudster’ gambled online
ATLANTIC CITY, N.J. (AP) — Gambling giant MGM Resorts International says it did nothing wrong in its dealings with a New York City man... more
Launch date set for Casino Resort Toronto
The opening date for the new $1 billion Great Canadian Casino Resort Toronto has been set for June 20 at 5 p.m. The company made the... more
Canadian Gaming Summit: Educating players early in their journey is leadership’s key to responsible gambling
The Canadian Gaming Summit kicked off Tuesday with the Player Protection Symposium. The core panel discussions occur Wednesday and... more
Canadian influx helped Las Vegas’ 2022 international segment as Asia slower to rebound
Despite a slower return from Asia, international travelers, led by a surge from Canada, came to Las Vegas in much greater numbers in 2022,... more
Another horse dies at Belmont Park, second fatality in 24 hours after Belmont Stakes
NEW YORK (AP) — Another horse has died after racing at Belmont Park, the second fatality in 24 hours after the Belmont Stakes. Mashnee... more
Wall Street Bets: Analysts take on IGT, US lodging trends, Indiana gaming
Wall Street Bets is a roundup of recent notes from analysts covering the gambling industry. In a June 12 recap of last week’s gaming... more
Fontainebleau Las Vegas names president and casino marketing executive
The Fontainebleau Las Vegas has named Mark Tricano as president of the resort and Michelle Reda to lead its marketing department ahead of... more
SBC focuses Canadian Gaming Summit on pan-Canadian gaming industry
The 26th edition of the Canadian Gaming Summit gets going Tuesday in Toronto and SBC, organizing it for the first time, is pulling out all... more
Record year for Loto-Québec shows potential of market for new model
This week at the Canadian Gaming Summit in Toronto, there will likely be a lot of industry chatter about the Quebec market. The only... more
Arcangelo wins Belmont Stakes to make Jena Antonucci first female trainer to win a Triple Crown race
NEW YORK (AP) — Jena Antonucci turned a Triple Crown marred by thoroughbred deaths on the track and threatened by bad air quality from... more
AGS’s GameON conference to explore AI’s impact on casino industry
Gaming supplier AGS has a simple yet ambitious goal for its annual GameON conference. “If we could be the TED of gaming, that would be... more
theScore Bet’s Canadian Open market activation is more about empowering fandom
It’s interesting watching things play out across the hyper-competitive igaming terrain in Ontario from a marketing perspective, as many... more
Analyst: MGM Resorts International “compelling”
Deutsche Bank analyst Carlo Santarelli met with MGM Resorts International CEO Bill Hornbuckle and CFO Jonathan Halkyard earlier this week... more
IGT to explore strategic alternatives, including sale, merger or spin-off, of two business units
Potential changes may be forthcoming at International Game Technology. The London, England-based company announced Thursday that its board... more
Aristocrat exec discusses NeoGames acquisition with Nevada Gaming Control Board
The chief product officer with Aristocrat that’s acquiring NeoGames for $1.2 billion told Nevada gaming regulators Wednesday that the... more
No longer the ‘sport of kings,’ horse racing is facing challenges in its long evolution
When the crowd roared to a fever pitch at the 2015 Belmont Stakes to celebrate American Pharoah becoming the first Triple Crown winner in... more
Pennsylvania: Gaming Control Board reaches 20,000 on self-exclusion list
The Pennsylvania Gaming Control Board Wednesday announced receipt of the 20,000th voluntary request for enrollment in its Casino... more
Final North Carolina sports gambling bill just 1 vote away from governor’s desk
RALEIGH, N.C. (AP) — Legalized sports gambling in North Carolina cleared one of its last legislative hurdles Tuesday as the House... more
Analyst: Unhealthy horses were running at Churchill Downs
Truist Securities analyst Barry Jonas took a second look at Churchill Downs after the company suspended horse racing at its titular track... more
IGT extends licensing agreement with Wheel of Fortune through 2034
International Gaming Technology Monday announced the renewal of an agreement with a longstanding partner. The technology and gaming... more
Churchill Downs suspends operations at flagship track following 12 horse deaths, moves spring meet to Ellis Park
Churchill Downs will suspend racing operations on Wednesday and move the remainder of its spring meet to Ellis Park in order to conduct a... more
Review of 2023 state legislative sessions sees little pro-gaming progress
Most state legislatures have adjourned and “it is a time to reflect on the sausage-making process.” So wrote B Global founder Brendan... more
French Open hopes AI can help tennis players block death threats and other social media hate, often from gamblers
PARIS (AP) — Frances Tiafoe says he receives death threats via social media after he loses professional tennis matches. Jessica Pegula... more
Analyst: Tougher Strip times ahead
Hotel rates on the Las Vegas Strip flattened during the second quarter and Truist Securities analyst Barry Jonas sees declines in July,... more
Betting interest expected to be down with NBA, NHL finals lacking marquee matchups
LAS VEGAS (AP) — The NBA Finals could’ve featured glamour teams like the Boston Celtics and Los Angeles Lakers, and conventional... more
Nevada Gaming Control Board discloses investigation into cheating that netted $250,000
The Nevada Gaming Control Board confirmed Thursday it served arrest warrants alleging cheating at an electronic crap game on the Las Vegas... more
Sports gambling in North Carolina a better bet with likely final votes next week, House Speaker optimistic
RALEIGH, N.C. (AP) — Legalized sports gambling starting next year in North Carolina now seems a better bet as the state House’s top... more
Ainsworth aims to boost low-denom appeal with Ca$h Stacks Gold
The latest slots from Ainsworth Game Technology add a new low-denomination game style to the company’s high-limit products and reflect... more
SEC puts emphasis on gambling after college sports roiled by multiple wagering scandals
DESTIN, Fla. (AP) — When it comes to sports wagering, information is a commodity and even a morsel of news that is not widely available... more
In Canada, betting operators hit match-fixing head-on with new education fund for athletes
Match-fixing and fraud in sports continue to present significant challenges globally, and the exact extent of the problem is difficult to... more
Nevada sets April record for gaming revenue; yearly revenue up 6.6%
Led by gains on the Strip and downtown Las Vegas, Nevada recorded its 26th consecutive month of $1 billion and higher in gaming revenue in... more
Horse racing authority calls for emergency summit with Churchill Downs in wake of 12 deaths
LEXINGTON, Ky. (AP) — Horse racing’s oversight authority will hold an emergency summit Tuesday with Churchill Downs, Kentucky’s... more
40+ submissions delivered from industry stakeholders as Ontario’s regulator reviews gambling ad standards
With the topic of restricting or banning gambling advertising front and center in Ontario, the Alcohol and Gaming Commission of Ontario... more
Q&A: Powerful feedback from Ontario advocacy group in favor of banning gambling ads
Recently, Paul Burns, president and CEO of the Canadian Gaming Association, was asked on a BNN Bloomberg television newscast about the... more
Indiana man at center of gambling probes involving Alabama, Cincinnati college baseball, AP sources say
An Indiana man whose son is a member of the University of Cincinnati baseball team is the bettor at the center of separate investigations... more
Rivalry reports record revenue for Q1
Sports betting and media firm Rivalry recorded a betting handle of $120.2 million in first quarter 2023, a 199 percent year-over-year jump,... more
NCAA survey shows 58% of 18- to 22-year-olds wagering; athlete-only study set for fall
More than half of the respondents to an NCAA-commissioned survey of 18- to 22-year-olds acknowledged placing sports wagers, with two-thirds... more
Las Vegas airport sets April record as international travel grows and city prepares for Memorial Day holiday
Las Vegas’ Harry Reid International Airport set an all-time April record for through passengers, as international travel soars in... more
Analyst: Bally’s still a nascent casino player
Even though the Nevada Legislature has been hesitant to bankroll a new stadium for the Oakland Athletics, Jefferies gaming analysts are... more
Atlantic City’s first-quarter casino earnings down nearly 15% from a year ago
ATLANTIC CITY, N.J. (AP) — Atlantic City’s nine casinos collectively saw their gross operating profit decline by nearly 15% in the... more
Analysts: Macau dominates good gaming news
Two top Wall Street gaming analysts visited the Las Vegas Strip last week, then published their findings today, gleaned from meetings with... more
Brazilian club president who helped uncover alleged soccer match-fixing scandal has no regrets
GOIANIA, Brazil (AP) — When Hugo Jorge Bravo received information over what has since blown up into a major alleged match-fixing scandal... more
George Goldhoff’s new job: Keep Atlantic City’s Hard Rock casino running fast
ATLANTIC CITY, N.J. (AP) — It could be said that George Goldhoff, the new president of Atlantic City’s Hard Rock casino, has been... more
Brazil’s congress opens probe into soccer match-fixing scandal
BRASILIA, Brazil (AP) — Brazil’s lower house of Congress on Wednesday opened a probe into a soccer match-fixing scandal that has rocked... more
Galaxy Gaming reverses loss and posts record revenue in first quarter
Las Vegas casino table games and systems developer Galaxy Gaming reversed its loss, announced record revenue in the first quarter, and... more
SciPlay stock rises on Light & Wonder proposal to acquire remaining equity
Light & Wonder Thursday announced the company has submitted a proposal to SciPlay to potentially acquire equity it doesn’t currently... more
SBC Summit Summarized: Rush Street CEO on acquisition; omnichannel/igaming discussion; igaming in sports betting’s shadow; and more
SBC Summit North America brought record attendance and lots of great insight with its robust education program. CDC Gaming Lead Contributor... more
Gaming Commission set to license NeoGames in Nevada
The Nevada Gaming Commission on Thursday will license Israel-based NeoGames after the Gaming Control Board on Wednesday recommended... more
UK: Brentford striker Ivan Toney, one of the Premier League’s top scorers, banned 8 months for breaching betting rules
LONDON (AP) — Brentford striker Ivan Toney was suspended for eight months by the English Football Association on Wednesday for breaching... more
Pennsylvania: Gaming revenue tops $420 million for 8th consecutive month
The Pennsylvania Gaming Control Board Wednesday reported that revenue from all forms of gambling in April totaled $476.7 million. That’s... more
VICI Properties solidifies its Canadian casino foothold
VICI Properties Inc. is continuing their expansion into Canada with the announcement today that they’ve entered into a sale-leaseback... more
AGA reports 8th consecutive record for quarterly revenue for U.S. gaming industry
Eventually, gaming industry revenue will plateau. But for now, revenue increases show no sign of abating. The American Gaming Association... more
New Jersey total gambling revenue up 9.5% in April but in-person casino revenue was down 1.6%
ATLANTIC CITY, N.J. (AP) — New Jersey’s casinos, racetracks that accept sports bets and their online partners won $462.7 million in... more
Galaxy Gaming reaches agreement to provide table games for Evolution Group
Galaxy Gaming Tuesday announced an agreement with Evolution Group to license its table game content across Evolution’s portfolio of... more
Amid just-announced takeover by Aristocrat, NeoGames executives meet Nevada regulators this week
The announcement late Sunday that Aristocrat Leisure is acquiring NeoGames SA for about $1 billion comes as Nevada regulators this week are... more
Brazil’s soccer match-fixing scandal has international reach, investigator says
SAO PAULO (AP) — The lead investigator of Brazil’s sprawling match-fixing scandal said he has uncovered potential evidence of... more
Las Vegas: Bally’s, GLPI, reach binding agreement to build ballpark for Oakland A’s
Bally’s Corporation Monday announced it has reached a binding agreement, in conjunction Gaming & Leisure Properties, to build a... more
Mohegan reports strong fiscal results for Q2
It’s been only three years since Mohegan Gaming and Entertainment took over the day-to-day operations of Fallsview Casino Resort and... more
Five years after PASPA’s repeal, sports betting is still evolving
On May 14, 2018, the U.S. Supreme Court repealed the Professional and Amateur Sports Protection Act (PASPA). In a 7-2 decision, the court... more
New Sports Betting Hall of Fame inductees on PASPA repeal
At last week’s SBC Summit North America, the newest members of the Sports Betting Hall of Fame were asked by IGT President of Sports... more
SBC Summit: U.S. market still evolving for providers and sports
A few years ago, key U.S. sports betting executives told LiveScore Group CEO Sam Sadi that what worked in Europe would not be accepted in... more
SBC Summit: Frank Abagnale preaches security, identity-theft prevention, in keynote discussion
Frank Abagnale became famous after the release of the 2002 film Catch Me if You Can, directed by Steven Spielberg and starring Leonardo... more
As legalized gambling becomes pervasive, NCAA rules against it remain strict with tough penalties
The NCAA consequences could be far worse than the legal ones. While the penalty for betting on sporting events in the state of Iowa for... more
SBC Summit: Technology will help determine how igaming is implemented in U.S.
As igaming continues to emerge in the United States, there will be of opportunities for operators to shape the nature of online gambling.... more
Everi first-quarter adjusted earnings and revenue top forecasts
A major interest expense increase dampened first-quarter earnings for Everi Holdings. The Las Vegas-based gaming-equipment and cash-access... more
SBC Summit: Rush Street CEO Schwartz says company “open-minded” about interest from potential buyers
At the end of a wide-ranging conversation with Rush Street Interactive CEO Richard Schwartz Wednesday, CNBC correspondent Contessa Brewer... more
SBC Summit: Sports betting’s shadow over igaming is diminishing
Compared to sports betting, igaming is like the redheaded stepchild lacking attention. While betting on sporting events is legal in 37... more
Golden on track to finish Strat renovations ahead of July 4
Golden Entertainment announced Wednesday that the renovations of 537 rooms and the pool at the Strat will be completed by the second... more
IGT adjusted earnings, revenue top Street forecasts
A 17% jump in global gaming revenue helped offset slipping global lottery revenue as International Game Technology posted increases in net... more
Game shipments boost revenue for Light & Wonder; board backs plan for Australian stock market listing
Light & Wonder highlighted research-and-development streamlining and preparations to list its stock in Australia as it posted... more
Player Protection Symposium: Technology can play a key role in addressing problem gambling
During Tuesday’s SBC Summit North America’s Player Protection Symposium in Manhattan, Bill Pascrell III told a personal story about his... more
Player Protection Summit: The Value of Lived Experience in Preventing Harm in Sports
Ryan Tatusko knew he had a gambling problem. He was playing minor league baseball, making $6,000 per year. He was told to eat healthily,... more
Wynn reports record adjusted property earnings
Wynn Resorts reported an all-time record for adjusted property earnings during the first quarter in a conference call with Wall Street... more
Gambling’s place in campus culture portends scandals to come
With the proliferation of legal wagering in the United States the past five years, it wasn’t a question of if but when a college sports... more
Las Vegas kicks off Convention Center renovations to host 8 million convention-goers in 2026
Las Vegas aims to keep its title as the nation’s number-one destination for conventions by launching a $600 million renovation of the Las... more
Bally’s posts record first-quarter revenue as profit soars
Despite resigning from Bally’s Entertainment earlier in the day, outgoing CFO Bobby Lavan was very much present during the... more
University of Iowa, Iowa State University investigate gambling by student-athletes
The University of Iowa announced Monday that 26 athletes across five sports are suspected of wagering on sports in violation of NCAA rules,... more
Waukegan temporary casino powers Full House Resorts’ quarter
In contrast to their last earnings call, Full House Resorts executives were markedly upbeat about the performance of The Temporary at... more
Caesars plans to launch standalone icasino app in third quarter
Caesars Entertainment plans to launch a standalone icasino app during the third quarter as part of its latest offerings on the digital... more
Americans have bet $220B on sports in 5 years since PASPA was overturned
ATLANTIC CITY, N.J. (AP) — Americans have bet over $220 billion on sports with legal gambling outlets in the five years since the U.S.... more
DraftKings shares surge on better-than-expected first-quarter results
Sports-betting giant DraftKings’ shares surged 15% Friday in the aftermath of better-than-forecast first-quarter results. In addition,... more
Will gambling case at Alabama ripple across college sports?
Alabama fired its baseball coach this week amid an investigation into suspicious bets involving a Crimson Tide game at LSU. The school did... more
Florida: Cordish Companies, Caesars Entertainment combine for development deal in Pompano Beach
The Cordish Companies and Caesars Entertainment Friday announced a development deal in Pompano Beach, Florida. The Pomp will anchor a Live!... more
Red Rock reveals few details on stadium deal with A’s during earnings call
The first-quarter earnings call with Red Rock Resorts raised more questions than answers on the casino company’s deal to sell 49 acres to... more
Why Bob Baffert won’t be at the Kentucky Derby for the second year in a row
The Kentucky Derby is a tradition that’s never been canceled. Postponed once by World War II and again by the coronavirus pandemic in... more
Penn Entertainment’s first quarter earnings call elicits questions about Barstool personality
Penn Entertainment’s 2023 first quarter report revealed revenue of $1.67 billion, a year-over-year increase of 6.8%. Net income... more
Michigan among seven states asking Justice Department to regulate offshore sites
The Michigan Gaming Control Board Thursday announced that it has joined a coalition of regulators from seven gaming states urging the U.S.... more
Accel Entertainment’s first-quarter revenue rises to top Wall Street forecasts
The 2022 acquisition of Century Gaming continued to echo throughout Accel Entertainment’s quarterly-earnings tables. The company... more
Oklahoma: The battle for sports betting
Although other tribal nations are positioned to benefit from sports betting, its approval remains a longshot for Oklahoma tribes, according... more
Rush Street Interactive exceeds Wall Street expectations
Although management disagreed, stock analysts were pleasantly surprised by Rush Street Interactive’s first-quarter earnings. Rush Street... more
VICI eyes growth, tops Wall Street Q1 revenue forecast
VICI Properties President John Payne quoted TV character Ted Lasso, the perpetually positive television soccer coach, to describe his real... more
Caesars: Sports pushing out lower-tier customers in favor of higher-end, a boon for Vegas casinos
Caesars Entertainment CEO Tom Reeg believes that sporting events and entertainment are bringing in higher-end customers and displacing... more
Wall Street Bets: Analysts take on MGM momentum, VICI progress, Macau recovery
According to Truist Securities analyst Barry Jonas, MGM Resorts International’s May 1 earnings call regarding the operators 2023 1st... more
Ohio gambling regulator halts betting on Alabama baseball
Ohio’s top gambling regulator has barred licensed sports books in the state from accepting bets on Alabama baseball games after a report... more
News from Japan and Macau highlights MGM earnings call
Although MGM Resorts International had a stellar first quarter in 2023, CEO Bill Hornbuckle started Monday’s earnings call with news... more
April bounteous for Macau
Gambling revenues in Macau hit almost $1.85 billion last month, a 449 percent increase over April of 2022. This was also a 16 percent... more
MGM Resorts subsidiary LeoVegas to acquire Push Gaming
MGM Resorts International Monday announced that LeoVegas, the company’s wholly owned subsidiary, has agreed to acquire the majority of... more
Gaming and Leisure Properties tops Wall Street first-quarter forecasts
Gaming and Leisure Properties Chief Executive Officer Peter Carlino said Friday that he used to tell investors that gaming revenue was so... more
Gateway Casinos begins phased re-opening of Ontario properties shuttered for two weeks by ransomware attack
Gateway Casinos & Entertainment has started a “phased” re-opening of its 14 Ontario properties after a cyberattack shut down... more
Churchill Downs shares surge 14% after report of first-quarter results
A year-to-year doubling of live and historical racing revenue fueled a first quarter of gains for Churchill Downs. The horse-track and... more
Ontario: New CAD$500 million Pickering Casino Resort opens with a bang
The confetti was flying, Bryan Adams performed a sold-out concert, dignitaries gathered: The brand new $500 million Pickering Casino Resort... more
UK White Paper outlines overhaul of online gambling legislation
The UK government has launched a raft of player protection reforms, primarily aimed at online gamblers, as part of its long-awaited review... more
Wynn unveils name and design of new UAE resort
Wynn Resorts has announced the name of its new $3.9 billion integrated resort in Ras Al Khaimah in the United Arab Emirates. It will be... more
Economist: Las Vegas visitation and gaming revenue face uncertainty despite current strength
The latest earning reports from casino operators and tourism officials show strong earnings and visitation and convention attendance on an... more
Boyd Gaming reports record first quarter
Boyd Gaming reported record revenue, adjusted earnings, and operating margins for its Las Vegas casinos during the first quarter, thanks to... more
Nevada sets quarterly record for gaming win but suffers rare year-on-year monthly decline in March
Nevada set a quarterly record in gaming win during the first three months of 2023, but big losses at the baccarat tables resulted in a rare... more
Strong convention business and March Madness boost Las Vegas visitation to pre-pandemic territory
Visitation to Las Vegas in March, aided by March Madness and a strong convention business, nearly matched pre-pandemic numbers. The Las... more
Industry execs mostly positive, according to AGA’s Gaming Industry Outlook survey
The good news: most gaming executives are upbeat about current business conditions. But those positive viewpoints are tempered by economic... more
Gateway Casinos working toward phased re-opening in Ontario after week-long shutdown due to ransomware attack
A spokesperson from Gateway Casinos & Entertainment says that while all their 14 Ontario casinos remained closed due to a ransomware... more
Las Vegas: Fontainebleau names members of sales leadership team
Fontainebleau Las Vegas, scheduled to open in the fourth quarter of 2023, on Monday introduced its new sales leadership team. The team is... more
Penn Entertainment introduces new customer loyalty program, Penn Play
Penn Entertainment’s customer loyalty program is getting a makeover. The Pennsylvania-based gaming operator Monday introduced Penn Play,... more
Nevada tourism generated $90 billion in economic activity in 2022
The Nevada Resort Association released a report showing the state’s tourism industry generated more than $90 billion in economic activity... more
Sports betting on the clock in statehouses
As state legislatures continue to ponder gaming expansion, “a majority of these bodies are hitting their home stretch,” declared B... more
NFL suspends 5 players for violating gambling policy
Three NFL players were suspended indefinitely Friday for betting on NFL games in the 2022 season, while two other players, including the... more
Analyst: Locals casinos stand to benefit the most from A’s relocation to Las Vegas
The relocation of the Oakland A’s to Las Vegas will be a boon to the city’s continued development and population growth, and will... more
MGM exec tells Nevada Gaming Commission company is well positioned for continued success
On the heels of its approval for Japan’s first casino-resort, MGM Resorts International Executive Vice President and General Counsel John... more
Ontario’s online casino and sports wagering market sees 50-plus percent increase every quarter in Year One
On April 4, iGaming Ontario executive director Martha Otton told an audience of industry attendees at a Canadian Gaming Association event... more
Conference panelists say NYC-area casinos could lead to Atlantic City closures
ATLANTIC CITY, N.J. (AP) — Panelists at a major casino industry conference said the construction of three new casinos in New York could... more
New Jersey acts to help problem gamblers, sets ad standards
ATLANTIC CITY, N.J. (AP) — New Jersey is changing its gambling regulations to set advertising standards, making it easier for people with... more
Ontario issues Q4 gaming-revenue payments to municipal partners hosting casinos
The Ontario Lottery and Gaming Corporation (OLG) has made $28,753,394 in fourth-quarter (Jan. 1 through March 31) installment payments to... more
Las Vegas Sands CEO: Singapore doing well, while Macau is “pleasant surprise”
The chairman and CEO of Las Vegas Sands Corp. said Wednesday that “business is back” in Macau as he announced a strong earnings report... more
Anti-smoking group buys Atlantic City billboard
Americans for Nonsmokers Rights is taking its mission to the highway – literally. The nonsmoking advocacy group recently purchased a... more
As U.S. sports betting booms, internet casino gambling is slow to expand
ATLANTIC CITY, N.J. (AP) — While two-thirds of the country now offers legal sports betting, only six states offer online casino gambling,... more
Leagues, broadcasters form coalition to ensure responsible sports betting advertising
Sports leagues and media outlets are joining together to ensure that ads for sports betting are responsible. The Coalition for Responsible... more
The United States Igaming Revenue Report – March 2023
An overview of igaming revenue in Michigan, New Jersey, Pennsylvania, Connecticut, West Virginia, and Delaware, the six states in which... more
Pennsylvania: Gaming revenue surpasses major milestone
More than a half-billion dollars. That’s the revenue — $515.3 million to be exact — the Pennsylvania Gaming Control Board Tuesday... more
Penn digital depresses share-price target
Penn Entertainment’s price target was reduced by $5 per share, from $39 to $34, by J.P. Morgan senior analyst Joseph Greff this morning.... more
Macau and Las Vegas revenues expected to beat expectations as first-quarter earnings commence
As first-quarter earnings season kicks off this week for the gaming industry, Bank of America analysts are predicting Macau and Las Vegas... more
All Gateway casinos across Ontario to remain closed “for the coming days”
Gateway casinos across Ontario will remain closed “for the coming days” due to what the company is calling a “cyber-security... more
Macau back in 2024, analyst predicts
J.P. Morgan senior analyst Joseph Greff lifted his Las Vegas Sands first-quarter estimates quite a bit, but his target price for the stock... more
Louisiana: Cordish presents master plan for redevelopment of Diamond Jacks in Bossier City
The Cordish Companies Monday presented master project plans to the Louisiana Gaming Control Board for the redevelopment of Diamond Jacks... more
High roller no longer, Sattler now faces federal fraud charges
Las Vegas high-roller Brandon Sattler, who made headlines after accusing a top Strip casino executive of improper behavior, has been... more
Wall Street Bets: Analyst takes on Boyd, DraftKings, lodging
Wall Street Bets is a roundup of recent notes from analysts covering the gambling industry. In an April 17 note, J. P. Morgan analyst... more
Louisiana: March total gaming revenue drops slightly
The Louisiana Gaming Control Board Monday reported revenue of $218.3 million in March, a year-on-year decrease of 1.4%. March revenue... more
Boyd nudged upward by Wall Street
Citing “better than previously modeled” casino revenues from the regional circuit, J.P. Morgan senior analyst Joseph Greff raised his... more
Technology advances are affecting the gaming industry
Bill Gates once said, “The advance of technology is based on making it fit in, so you don’t really even notice it, so it’s... more
New Jersey casino, sports betting revenue up 15% in March
ATLANTIC CITY, N.J. (AP) — New Jersey’s casinos, horse tracks that take sports bets and the online partners of both types of gambling... more
Ontario seeks industry feedback on advertising standards around celebrity endorsements
The Ontario regulated igaming market, which just celebrated its first anniversary, isn’t static. It’s constantly evolving and that... more
Premier League clubs ban gambling ads on shirt fronts
LONDON (AP) — Premier League clubs have agreed to ban sponsorship from gambling companies on the front of their shirts, the organization... more
Nevada gaming officials discuss regulatory overhaul, per governor’s mandate
The Nevada Gaming Control Board met Wednesday to propose regulatory changes that officials say are outdated or reduce burdens on operators,... more
MGM buoyed by Las Vegas Strip, Macau, Japan
Nudging his price target for MGM Resorts International a dollar upwards to $55 per share, J.P. Morgan analyst Joseph Greff cited the... more
Driven by sports and entertainment, Las Vegas visitors spent 33% more in 2022 than 2019
The average Las Vegas visitor spent a record $1,156 in 2022, boosting visitor spending to an all-time high of $44.9 billion, despite the... more
Ontario: Woodbine Entertainment CEO Jim Lawson to step down
Toronto-based racetrack and betting operator Woodbine Entertainment announced Tuesday that Jim Lawson is stepping down this fall after... more
Everi to acquire Video King assets for $59 million
Everi Holdings Tuesday announced a purchase agreement to acquire certain assets of Video King, a provider of integrated electronic bingo... more
Post-COVID woe: Atlantic City casino earns fell 4.6% in 2022
ATLANTIC CITY, N.J. (AP) — Three years after the coronavirus pandemic erupted, Atlantic City’s casinos are collectively struggling to... more
Wall Street analyst touts Caesars Entertainment for Vegas Strip and digital prospects
A Wall Street analyst painted a rosy picture for Caesars Entertainment over the next 12 months, based on the Las Vegas Strip and its move... more
SBC Summit North America to return with expanded space, sessions, opportunities
Attendees at the third edition of the SBC Summit North America will immediately notice one significant difference. Because of demand from... more
Macau lifts Wynn Resorts
Citing “better than previously modeled Macau” gross gambling revenues, J.P. Morgan analyst Joseph Greff raised his 2023 and 2024... more
IGT extends sports betting agreement with Rhode Island Lottery
International Game Technology Monday announced a three-year extension of a contract with the Rhode Island Lottery. IGT will continue to... more
Ontario Lottery and Gaming begins the process of finding the future operator of Windsor casino
The Ontario Lottery and Gaming Corporation, which manages casinos in the province, has begun the process of finding the future operator of... more
Wynn, other Las Vegas casinos, go to the dogs for safety
Dogs are rarely seen inside casinos unless they’re working as service animals. But at a select few casinos, dogs are used to ensure the... more
AGA Report: Gaming companies more diverse than other U.S. industries
The American Gaming Association Thursday released research indicating that the gaming industry is more diverse than national and... more
South Carolina: Horse gambling beats long odds; passes House
COLUMBIA, S.C. (AP) — It seemed like quite the longshot when this year started — a bill to expand gambling in conservative South... more
Caesars relaunches Tropicana Online Casino in New Jersey
Caesars Entertainment Wednesday announced the relaunch of its igaming app in New Jersey. Tropicana Online Casino will be available to... more
Wall Street Bets: Analysts take on Gulf Coast gaming, sports betting, Macau
Truist Securities recently hosted an investor trip across several Gulf Coast gaming markets, including Lake Charles, Baton Rouge, New... more
Louisiana: Cordish Companies announces acquisition of Diamond Jacks Casino & Hotel
The Cordish Companies Wednesday announced an agreement for the acquisition of Diamond Jacks Casino & Hotel in Bossier City, Louisiana,... more
iGaming Ontario: Ontario among top five North America igaming jurisdictions
In only one full year, Ontario has emerged as one of the Top 5 igaming jurisdictions in North America, according to data released by... more
Nevada: Century Casinos completes acquisition of Nugget Casino Resort
Century Casinos announced Tuesday it’s completed the acquisition of the operations of the Nugget Casino Resort in northern Nevada from... more
Global Payments division emerges as Pavilion Payments
At the stroke of midnight on April 1, Global Payments Gaming Solutions threw a party for employees working at its call center. It wasn’t... more
Galaxy Gaming posts Q4 increase, forecasts jumps in revenue and cash flow
Fourth-quarter net income declined as revenue rose for Galaxy Gaming. The Las Vegas casino table-game and systems developer and distributor... more
Upset-rich March Madness causes mixed results at sportsbooks
LAS VEGAS (AP) — A bettor in December placed $500 on Florida Atlantic at 400-1 odds to make the Final Four, costing Westgate Las Vegas... more
Sports betting bill wins final OK from Kentucky lawmakers, heads to governor
FRANKFORT, Ky. (AP) — A bill to legalize sports betting in Kentucky won final legislative approval Thursday, clearing the last hurdle in... more
FBI documents give new view into Las Vegas shooter’s mindset
LAS VEGAS (AP) — The high-stakes gambler who carried out the deadliest mass shooting in modern America, killing 60 and injuring hundreds... more
Indian Gaming Tradeshow & Convention sets attendance record
The Indian Gaming Association reported Thursday a record in excess of 9,000 people attended its four-day Indian Gaming Tradeshow &... more
New FBI docs: Las Vegas mass shooter was angry at casinos
LAS VEGAS (AP) — The high-roller gambler who opened fire on concertgoers on the Las Vegas Strip had lost tens of thousands of dollars... more
Sports wagering gets full OK from North Carolina House, heads to Senate
RALEIGH, N.C. (AP) — Legislation authorizing sports gambling in North Carolina received final approval in the House on Wednesday and now... more
Light & Wonder hires new Americas managing director
Light & Wonder has hired Niaz Nejad to be its new managing director of gaming for the Americas. Nejad will assume her new role later... more
Analyst bullish on Wynn Resorts
Citing “multiple drivers of fundamental upside,” Deutsche Bank analyst Carlo Santarelli raised his price target on Wynn Resorts to $134... more
Revived North Carolina sports wagering bill wins big House vote
RALEIGH, N.C. (AP) — Sports gambling in North Carolina soared over a major hurdle on Tuesday as the House voted for legislation to... more
AGA bans ‘risk-free’ wording from sportsbook ads
U.S. sportsbooks no longer may advertise “risk free” bets and operators may not enter NIL deals with amateur and college athletes, the... more
Strip sets February gaming record amid record air travel to Las Vegas
A 19% increase in gaming revenue on the Las Vegas Strip set a record in February, assisted by a record-breaking month at Harry Reid... more
Horse racing’s national anti-doping program starts Monday
Horse racing’s efforts to clean up the sport and level the playing field take another step forward Monday with the launch of a new... more
Legislative prospects gloomy for expansion of online betting in the U.S.: analyst
In the course of a Friday investor note on DraftKings, igaming, and online sports betting (OSB), Deutsche Bank senior analyst Carlo... more
Analyst guardedly positive on DraftKings
A longtime skeptic of online-gaming valuations and of DraftKings in particular, Deutsche Bank senior analyst Carlo Santarelli saw light at... more
Regulators sign off on Century Casinos acquisition in northern Nevada
The incoming CEO of Bally’s Corp. on Thursday touted the performance of Tropicana Las Vegas, and the Nevada Gaming Commission signed off... more
Fertitta in no hurry to develop on Las Vegas Strip
A meeting with Golden Nugget owner Tilman Fertitta led one analyst to come away “incrementally positive on gaming operators (particularly... more
IGT reaches agreement with Gift & Go gifting platform
International Game Technology this week announced an agreement with Gift & Go, a U.K.-based B2B gifting technology platform. Per the... more
Las Vegas market can absorb casinos opening in 2023, but development will slow thereafter: analyst
Two new casinos opening this fall in Las Vegas’s should fit in well to the marketplace, but a Wall Street analyst suggests resort... more
Record crowd expected for Indian Gaming Association conference in San Diego
A crowd approaching 10,000 people is expected to set a new attendance record in San Diego next week at the Indian Gaming Tradeshow &... more
Social media influencers find increasing acceptance from gaming industry
While trying to establish an acting career in 2009, Brian Christopher’s life changed during a casino visit. Not because he hit a huge... more
Manufacturers look to shorten time frame for product and technology introduction in Nevada casinos
Nevada gaming equipment manufacturers urged the state’s regulators to shorten the approval process and allow their products and... more
Las Vegas: March Madness arrives in city after years of avoiding it
LAS VEGAS (AP) — March Madness has long been a huge draw for gamblers who came to Las Vegas to place their bets on the tournament while... more
Quick Custom Intelligence deployed integration platform at Hard Rock, Seminole Gaming properties
Quick Custom Intelligence, along with Hard Rock International and Seminole Gaming, Tuesday jointly announced the deployment of QCI’s... more
Louisiana: Gaming revenue tops $193 million in February, slight decrease from 2022
The Louisiana Gaming Control Board Monday reported revenue of $193.2 million for February, a decrease of 1.9% from the revenue generated in... more
The United States Igaming Revenue Report — February 2023
An overview of igaming revenue in Michigan, New Jersey, Pennsylvania, Connecticut, West Virginia, and Delaware, the six states where online... more
First Nation Chief on new Toronto casino: “Our financial health and independence are on the line”
The announcement last week that the new CAD$1 billion Great Canadian Casino Resort Toronto will open its doors this summer was met with a... more
Pennsylvania: February gaming revenue reaches more than $450 million, 22% increase over 2022
The Pennsylvania Gaming Control Board Friday reported that combined revenue from all forms of gaming was $456.8 million in February.... more
New Jersey casino, sports-betting revenue was up 10.4% in February
ATLANTIC CITY, N.J. (AP) — New Jersey’s casinos, horse tracks that take sports bets and the online partners of both types of gambling... more
MGM touts 2024 convention and international business at J.P. Morgan Forum
MGM Resorts International Chief Operating Officer Corey Sanders and Senior Vice President of Corporate Finance Sarah Rogers double-teamed... more
Mobile sports bets booming in some states as others shy away
The stakes are higher in Ohio this year for March Madness — and not just because it’s a regional host for the first round of the... more
Analyst: Barstool’s controversial founder Portnoy no problem for Penn
Although Penn Entertainment’s acquisition of the outstanding shares of Barstool Sports closed last month, J.P. Morgan analyst Joseph... more
Wynn Resorts emphasizes Macau at J.P. Morgan forum
Representing Wynn Resorts, CFO Julie Cameron Doe showed the flag at the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management... more
MGM to renovate, rename Water Club hotel next to Borgata in Atlantic City
ATLANTIC CITY, N.J. (AP) — The owners of Atlantic City’s top-performing casino are renovating and renaming its stand-alone non-casino... more
Sands has no Vegas regrets
Las Vegas Sands delegated Senior Vice President for Investor Relations Daniel Briggs to attend the J.P. Morgan Gaming & Lodging Forum... more
Analyst: Station “keeping the story simple”
Station Casinos hewed to the basics in its presentation to the J.P. Morgan Gaming & Lodging Forum this week. Station CFO Stephen Cootey... more
Las Vegas visitors getting younger and more diverse – and spending more
Las Vegas continues to attract younger and more diverse visitors, and they’re spending more on their visit. Those are just a couple of... more
Las Vegas convention officials approve $125 million sale of former Riviera site
The Las Vegas Convention and Visitors Authority Tuesday signed off on a $125 million sale of 10 acres on and near the Strip formerly... more
Proposal to ban slot-like skill game machines passes Kentucky legislature, sent to governor
FRANKFORT, Ky. (AP) — The Kentucky Senate voted Tuesday to ban devices resembling slot machines that have proliferated in stores across... more
Analyst: Politics adverse for igaming, sports betting
“Two months into the legislative cycle, there are lots of losers and no winners.” So wrote B Global founder and gaming analyst Brendan... more
Bill to legalize sports wagering clears Kentucky House
FRANKFORT, Ky. (AP) — A bill to legalize sports betting in Kentucky won House passage on Monday, setting up a Senate showdown on a... more
Las Vegas hosting March Madness games for first time
Las Vegas sportsbooks are gearing up for record wagering on March Madness, aided by the first-ever hosting of the West Regional final on... more
Top recent casino scams highlighted at game-protection conference
Despite steely-eyed floor supervisors, large security staffs, and ubiquitous surveillance cameras, dealers and players continue to cheat... more
Online betting begins in sports-crazed Massachusetts
BOSTON (AP) – Massachusetts sports fans raced to their cellphones Friday to begin placing bets as the state allowed online sports... more
First Nation “appalled” by news about new Toronto casino
Count the Mississaugas of Scugog Island First Nation (MSIFN) as those opposed to the announcement earlier this week that Toronto will be... more
Analyst: How much room is there in sports betting?
“What to do about the two elephants in the room?” That was what Truist Securities analyst Barry Jonas wondered about the U.S.... more
Problem Gambling Awareness Month focuses attention on addiction, treatment
Problem Gaming Awareness Month was launched 20 years ago as a mere seven days. But it didn’t take long for the National Council on... more
Atlantic City: Dealers with cancer beg for casino smoking ban
TRENTON, N.J. (AP) — Tammy Brady began her career as an Atlantic City casino dealer at the age of 18. Now 55, she has stage 2 breast... more
FSB appoints Adam Smith full-time CEO after three-month interim period
FSB Thursday announced that Adam Smith will be CEO of the B2B sports betting and igaming supplier after serving a three-month interim... more
Former spy: Casinos face threats from inside and out
A former U.S. military spy told casino-surveillance executives that the threats and vulnerabilities they face will only burgeon as the... more
Nevada regulators give incoming Bally’s CEO rave reviews
Robeson Reeves, Bally’s incoming CEO who replaces Lee Fenton, received glowing reviews Wednesday as he went through the Nevada licensing... more
‘Vegas-style’ Great Canadian Casino Resort Toronto set to open this summer
The casino industry in Canada got a big boost Wednesday with the news that the CAD$1 billion Great Canadian Casino Resort Toronto will open... more
Nevada: Affinity Interactive reaches agreement to sell Rail City Casino to Truckee Gaming
Affinity Interactive Wednesday announced it has entered a definitive agreement to sell Rail City Casino to affiliates of Truckee Gaming.... more
Casinos ripe for cheating and advantage play in COVID era
A limited labor pool and lack of training among dealers and supervisors have made casinos ripe for advantage players and cheaters to... more
On Q4 earnings call, Full House CEO apologetic about Waukegan debut
“Every opening has its problems,” Full House Resorts CEO Dan Lee said, referring to his company’s debut of The Temporary at American... more
Golden Entertainment divests its slot-route operations
Golden Entertainment announced Monday it entered into an agreement to divest its distributed-gaming, or slot-route, operations in Nevada... more
Georgia: Sports betting sees prospects dim on Senate vote
The odds are getting a little longer for Georgia lawmakers to approve sports betting this year. The state Senate on Monday rejected a... more
Gaming executive says Seminole takeover of Mirage a “game changer,” but urges caution on tribal entry into Las Vegas
A former Las Vegas casino executive believes the Seminole Tribe has a chance to hit a “home run” with its takeover of the Mirage,... more
Alex Dixon advocates for change in the gaming industry through personality, outreach
Every year the Global Gaming Expo presents panels and discussions featuring thought leaders and executives spanning the industry. Rarely is... more
Las Vegas: WISE to host Women of Inspiration Celebration at Allegiant Stadium
Over the last five years, Las Vegas has emerged as a home for professional sports. Starting with the Las Vegas Golden Knights in 2017, the... more
Analyst: Regional operators getting by with far fewer employees
Measuring casino performance according to cash-flow margins, Deutsche Bank analyst Carlo Santarelli looked with favor on Boyd Gaming and... more
Light & Wonder touts growth; fourth-quarter revenue tops forecasts
Year-over-year North American installed base growth and higher average daily revenue per unit pushed fourth-quarter net revenue higher and... more
Sports betting in Georgia dealt a setback in state Senate
ATLANTA (AP) – Sports gambling advocates in Georgia were dealt a setback Thursday when the state Senate rejected a bill that would... more
Everi announces new Las Vegas hub, posts forecast-topping earnings and revenue
An income-tax-provision increase dampened fourth-quarter earnings for Las Vegas-based gaming-equipment and cash-access-provider Everi... more
Rush Street Interactive highlights growth, predicts positive returns
“Last year was a terrific year” for Rush Street Interactive, according to CEO Richard Schwartz, who said his company made “great... more
Golden Entertainment upgrading The Strat to capture business from conventions, F1, Super Bowl
Golden Entertainment said it’s spending $30 million to upgrade rooms and make other improvements at The Strat to bring in customers from... more
Casino Esport Conference panelists remain bullish on esports wagering despite slow start
In spite of Americans being slow to adopt esports wagering compared to the rest of the world, a group of industry experts said it’s just... more
Accel Entertainment posts increases in net income and revenue for fourth quarter and full-year 2022
The June acquisition of Century Gaming rippled throughout Accel Entertainment’s year-end 2022 earnings report Tuesday. The... more
Everi to consolidate manufacturing and assembly sites in Las Vegas, close Texas facility
Everi Holdings Tuesday announced it has started constructing a new Las Vegas facility. When completed, the new site will consolidate... more
Can esports become the next March Madness?
College basketball’s NCAA tournament, also known as March Madness, brings together fans from across the country to gamble on games in Las... more
Fourth-quarter adjusted earnings and revenue top forecasts for IGT
Surging global gaming revenue and strong gaming product sales in the U.S. and Canada pushed International Game Technology’s business... more
On college campuses, sports betting agreements are shielded
College campuses increasingly are striking deals with sports betting companies eager to promote their brands in stadiums, on radio... more
Las Vegas gaming revenue continues its blitz in January
Led by strong casino revenue throughout Las Vegas, Nevada started 2023 with its 23rd consecutive month of exceeding $1 billion in revenue.... more
Gaming REITs live up to Wall Street forecasts
Deutsche Bank analyst Carlo Santarelli was sufficiently impressed with the fourth-quarter numbers from two casino-oriented real estate... more
Gaming and Leisure Properties’ Q4 cash flow and revenue top Street forecasts
A new master lease with seven Penn Entertainment properties and the closure of its $635 million deal for two Bally’s Corp. hotel-casinos... more
Aristocrat partners with Las Vegas F1 race for slot machine partnership
Aristocrat Gaming Monday announced that it has reached a multi-year sponsorship deal for its games to be the official slot machines of the... more
Casinos and consulting? Pandemic spurs tribes to diversify
MASHANTUCKET, Conn. (AP) — When the COVID-19 pandemic shuttered Foxwoods Resort Casino in Connecticut for three months in 2020, its... more
VICI Properties revels in five-year prosperity; cash flow and revenue top Street forecasts
VICI Properties ended 2022 with a bang, saying it would spend $1.27 billion and assume $3 billion in debt to take full ownership of the MGM... more
BetMGM to refocus its advertising on responsible gambling
Changes are coming to BetMGM advertising both in the U.S. and Canada, with more focus on responsible gaming. The sports betting and igaming... more
Centers for Disease Control study indicates smoking harms casino workers, customers
A recent abstract released by the Centers for Disease Control and Prevention examines the affects of smoking at eight casinos in Las Vegas.... more
Bally’s posts loss, vows to “learn from mistakes”
Although Bally’s Corp. CEO Lee Fenton’s tenure doesn’t end until March 31, he was absent from Thursday’s brief (32-minute)... more
Churchill Downs tops Street forecasts in Q4; adjusted earnings fall short
Boosts from the Kentucky Derby, which set marks for virtually every material metric, and from properties acquired in its deal for Peninsula... more
Nevada: Legends Bay in Sparks living up to its promise
The Nevada Gaming Commission Thursday praised the Legends Bay Casino in Sparks that by all measures so far has been an overwhelming... more
Caesars says it won’t get into “arms race” seeking Times Square casino license
In its bid to operate a casino in New York City’s Times Square, Caesars Entertainment CEO Tom Reeg said Tuesday he won’t get into... more
Hard Rock Atlantic City awards $10 million in bonuses to workers
ATLANTIC CITY, N.J. (AP) – Atlantic City’s Hard Rock casino is giving its employees bonuses totaling $10 million. Jim Allen,... more
The United States Igaming Revenue Report – January 2023
An overview of igaming revenue in Michigan, New Jersey, Pennsylvania, Connecticut, West Virginia, and Delaware, the six states where online... more
Casino exemption from smoking ban “doesn’t make sense,” players say
Orga Boone was eager to play slots at just-opened Rivers Casino Portsmouth in southeast Virginia, but her first visit was shorter than the... more
DraftKings stock surges after execs promise efficiency
When DraftKings officials said “efficient” during Friday’s fourth-quarter earnings call, investors must have heard “excellent.”... more
Family of man who suffered heart attack at Wynn Las Vegas blackjack table files wrongful death suit
LAS VEGAS (AP) – The family of a Florida lawyer who suffered a heart attack at a Las Vegas blackjack table last year and died months... more
For Sightline Payments’ Sattar, engagement, curiosity, and hard work equal success
Omer Sattar has kept every business card handed to him since 2000. At Sightline Payments’ new headquarters in Las Vegas, the company’s... more
Pennsylvania gaming revenue tops $420 million for fifth month in a row
Pennsylvania’s revenue streak continues. The Pennsylvania Gaming Control Board on Friday reported that revenue generated from all forms... more
Penn Entertainment completes acquisition of Barstool Sports for $388 million
Three years after acquiring its first stake in Barstool Sports, Penn Entertainment’s acquisition of the digital media and sports betting... more
American Place temp casino opens today
In one analyst call after another, Full House Resorts CEO Dan Lee has insisted that he wouldn’t give an advance opening date for the... more
Indian Gaming Tradeshow & Convention returns to San Diego
The organizers of the Indian Gaming Tradeshow & Convention expect the largest trade-show floor in its history when it returns to San... more
New Jersey casinos won more than $211 million in January
ATLANTIC CITY, N.J. (AP) – Atlantic City’s casinos won $211.6 million from in-person gamblers in January, up 15.3% from a year... more
Caesars expands rewards program benefits to New York businesses through Times Square project
Caesars Entertainment is making sure to cover all its bets in its bid for a casino in Times Square. The gaming operator, in conjunction... more
MGM closes sale of Gold Strike to Cherokee Nation Businesses
MGM Resorts International closed yesterday on the sale of the operations of Gold Strike Tunica to tribal CNE Gaming Holdings. The latter, a... more
Gaming industry continues to thrive, set new revenue records, post-pandemic: AGA State of the Industry
Despite lingering effects of the COVID-19 pandemic, the continued presence of illegal betting markets, and recent staffing and supply chain... more
Insider threats focus of World Game Protection Conference in Las Vegas
An embezzlement scheme at sports-betting company William Hill outlined last week by Nevada Gaming Control Board investigators shows how... more
Flutter, FanDuel’s Irish parent company, flirts with U.S. IPO
Despite having the largest North American market share and greatest profitability of any sports-betting provider, FanDuel isn’t... more
Casino Esport Conference hosts tournament with skill-based machines from Next Gaming
The symbiosis of esports and skill-based gaming will be on display at the Casino Esport Conference in Las Vegas in two weeks and Next... more
Lee Fenton out as Bally’s CEO, replaced by Robeson Reeves
Lee Fenton’s tenure as Bally’s CEO is ending after less than a year and a half. The Rhode Island-based gaming operator Monday announced... more
Atlantic City: Workers get support for Atlantic City casino smoking ban
TRENTON, N.J. — Atlantic City casino dealers pushing for a smoking ban received support from several state lawmakers Monday at a... more
GeoComply registers more than 100 million geolocation checks for the Super Bowl
It’s no surprise that sports bettors were busy Super Bowl weekend, even at the game. GeoComply, based in Vancouver, British Columbia,... more
Parthenon Capital enters definitive agreement to acquire Global Payments
Private-equity firm Parthenon Capital Friday announced a definitive agreement to acquire the gaming division of Global Payments. Global... more
From Philly to Vegas and even in Canada, Super Bowl LVII excites bettors
When Jimmy Vaccaro set the odds for Super Bowl XIII in 1979, there were three available wagers: the win bet, the over/under, and the... more
ICE London: Responsible-gambling experts call for external body to set standards
A panel of responsible-gambling (RG) experts have recommended a move away from a reliance on “harm indicators” in favour of an... more
ICE London: GC’s Andrew Rhodes denies “explosion in online gambling” since pandemic
Addressing the Consumer Protection Zone at ICE on Wednesday, Gambling Commission (GC) of Great Britain Chief Executive Andrew Rhodes... more
ICE London: Gaming companies need to stay ahead of ESG curve
KPMG Malta environmental, social, and governance (ESG) lead Rachel Decelis is urging gambling firms to take sustainability seriously.... more
Biggest-ever iGB Affiliate London opens
The 2023 iGB Affiliate London event opened today with visitors participating in the biggest edition of the show on record. This... more
ICE London: UK’s gambling-reform consultation is out of date
The chief executive of due diligence data firm W2 has warned the industry that evidence provided to the UK government ahead of planned... more
MGM’s CEO: “We’re the best balanced and prepared for growth”
At the end of Wednesday’s investors call on MGM Resorts’ fourth-quarter and full-year-2022 operating results, CEO and President... more
Wynn Resorts set all-time record for entire Las Vegas Strip marketplace
Wynn Resorts’ CEO said Wynn Las Vegas likely set an all-time record for adjusted earnings on the Las Vegas Strip in 2022, and 2023 is off... more
Wind Creek Hospitality to acquire Magic City Casino in Miami
PCI Gaming, doing business as Wind Creek Hospitality, Wednesday announced an agreement to acquire Magic City Casino in Miami. The... more
Nevada: Apollo executives tout Venetian performance to Control Board
A year after taking over the operation of the Venetian from Las Vegas Sands Corp., Apollo Global Management executives said the property is... more
ICE London: Tribes tout igaming as ‘inevitable’ future of gambling in California
Pechanga Band of Indians Chairman Mark Macarro told ICE attendees yesterday that igaming was ‘inevitable’ in California in the... more
ICE London: Casino industry striving for balance
The need to attract younger players to land-based casinos has been a recurring theme among the industry in recent times, but Simon Thomas,... more
Red Rock Resorts posts solid Q4 earnings as it readies new Las Vegas casino
As Red Rock Resorts prepares to open a new neighborhood casino near downtown Las Vegas on Friday, the company reported Tuesday that it... more
Survey: Half of Ontario bettors plan to wager on Super Bowl
Half of Ontario’s sports bettors plan to wager on this Sunday’s Super Bowl game between the Kansas City Chiefs and Philadelphia Eagles,... more
ICE London: Early reviews are strong
ICE London opened Tuesday at ExCel London to capacity crowds. The gambling industry conference is the biggest on record, with attendees... more
Aruze to launch igaming titles in Malta, UK
Aruze Gaming Europe announced Tuesday at ICE London the debut of several igaming titles for the European market. The games will launch in... more
ICE London: Operators urged to address responsible gaming in Brazil
Betsson Group Brazil Managing Partner Andre Gelfi urges operators, as well as regulators, to introduce more responsible-gambling... more
ICE London: British MP Scott Benton raises concerns over affordability checks
Conservative Member of Parliament (MP) Scott Benton has warned UK policymakers that the banks are not ready to facilitate mass... more
ICE London: UK Gambling Commission focuses on global collaboration
Gambling Commission (GC) Executive Director Tim Miller has highlighted the ways in which the regulator is collaborating with other watchdog... more
AGA Survey: 50 million Americans expected to wager $16 billion on Super Bowl
Even after 57 years, the Super Bowl can still provide firsts. Travis Kelce of the Kansas City Chiefs and Jason Kelce of the Philadelphia... more
Las Vegas airport sets passenger record in 2022 aided by boost in tourism and local resident travel
Harry Reid International Airport served a record 52.6 million passengers in 2022, surpassing the previous high of 51.5 million recorded in... more
Betfred sportsbook opening at Virgin Las Vegas on Thursday
Although the U.K.-based sports betting company was granted regulatory approval on January 25, Betfred will fling open the doors to its... more
PlayAGS to provide DraftKings with igaming slot titles
PlayAGS Monday announced an online game partnership with DraftKings. Per the agreement, AGS will provide DraftKings Casino with more than... more
ICE London: DCMS calls on industry to stay engaged with reform process
Department for Media, Culture and Sport (DCMS) Gambling and Lotteries Deputy Director Sarah Fox has called on the industry to remain... more
ICE London: Casino executives call for industry to strengthen message
Opening the International Casino Conference, Per Jaldung, chairman of the European Casino Association, said European casinos were “strong... more
Analyst applauds layoffs at DraftKings and Bally’s
In an overview of igaming and online sports betting (OSB) published Friday, Truist Securities analyst Barry Jonas praised last week’s job... more
Tribal leaders eye expansion into commercial gaming
As needs grow for more and better services, tribal nations continue to pursue casino and business opportunities off their reservations.... more
Analyst sees legislative “buzzsaw” for gaming
Pronouncing the current spate of legislative initiatives involving gaming expansion “interesting and exciting,” B Global founder... more
Super Bowl prop betting increasing in popularity
LAS VEGAS (AP) — Jay Kornegay was behind the counter in 2004 when someone approached with $5,000 to bet on the Super Bowl but had no idea... more
Las Vegas tourism helps fuel strong Boyd Gaming earnings
Aided by a boost in the Las Vegas economy and tourism, Boyd Gaming set a record for revenue and adjusted earnings during the fourth quarter... more
Aristocrat finalizes acquisition of Roxor Gaming
Aristocrat Leisure Limited Friday announced it has completed the acquisition of igaming supplier Roxor Gaming Limited. The deal was first... more
Industry poised for “biggest-ever” ICE London
Clarion Gaming has confirmed next week’s ICE London 2023 will be the biggest on record, occupying 41 halls of its London ExCeL home.... more
Penn Entertainment reports small year-over-year revenue increase in Q4 despite Mattress Mack payout
Despite a huge winning bet by Jim “Mattress Mack” McIngvale and inclement weather in December, Penn Entertainment’s 2022... more
Raving Next: Tribes have experiences beyond gaming to lure guests to their resort-casinos
Tribes can leverage experiences they can offer beyond casinos to attract younger visitors to their properties. The Raving Next Indian... more
Raving Next: Tribes need to do a better job of coordination
Tribal organizations with departments ranging from casino gaming to health care need to do a better job of understanding everyone’s... more
Sponsor: Virginia bill to legalize, tax ‘skill game’ machines dead
RICHMOND, Va. (AP) – A senior Virginia Republican lawmaker said this week that his legislation that aimed to legalize and tax a... more
Raving Next conference kicks off with IGA Chairman talking tribal gaming
Casino and hospitality company Raving kicked off its three-day conference in Albuquerque Tuesday by focusing on strategic operations and... more
Las Vegas 2022 visitation: Below pre-pandemic level, but much higher than ’21
Las Vegas closed out December with 3.3 million visitors, which brought the total for the year to 38.3 million, topping 2021 by 20.5%, but... more
Las Vegas Strip breaks monthly revenue record
Led by a record surge on the Las Vegas Strip, Nevada closed 2022 with its 22nd consecutive months of $1 billion and higher in gaming... more
Clarion Gaming considering four European cities as hosts for future ICE conference
Clarion Gaming Tuesday released the final four cities being considered to host ICE, its business-to-business gaming event. Barcelona,... more
Casino Esport Conference set for Feb. 28-March 1 in Las Vegas
The Casino Esport Conference (CEC) returns to Las Vegas for its seventh year on Feb. 28 and this year’s event has a new twist: a CEC... more
Betegy’s strategy: deliver real-time odds and information with graphic clarity
The amount of data available to sports bettors and fans can be overwhelming. On television broadcasts, as touts relay their picks,... more
Wynn Resorts EVP reelected to chair Nevada Resort Association board
The Nevada Resort Association’s Board of Directors unanimously reelected Wynn Resorts Executive Vice President and General Counsel Ellen... more
Betfred licensed to take sports wagers in Nevada ahead of Super Bowl
The Nevada Gaming Commission Thursday authorized UK sportsbook company Betfred to begin operations in the state, and bettors can expect to... more
BetMGM execs: “Astounding” growth
“We are incredibly excited about our business and our outlook.” That was how BetMGM CEO Adam Greenblatt concluded a marathon earnings... more
Ontario’s Q3 digital-gaming numbers show healthy jump in revenue
This morning, iGaming Ontario (iGO) released its market-performance report for the third quarter of the 2022-23 fiscal year (Oct. 1-Dec.... more
Las Vegas Sands details New York casino proposal
Two weeks after Las Vegas Sands announced plans to pursue the development of a multi-billion-dollar flagship casino project on Long Island,... more
Nevada Gaming Control Board greenlights Betfred to operate Virgin Hotels’ sportsbook
The Nevada Gaming Control Board has recommended that the state license Betfred Sportsbook after a two-hour hearing Wednesday in which the... more
Earnings season starts for gaming companies as Caesars provides a sneak peek
With casino companies reporting fourth-quarter earnings starting this week, Bank of America Global Research said trends remain strong for... more
Global Payments ecosystem removes uncertainty
Global Payments takes away the uncertainty when it comes to a casino’s payment ecosystem. The company has positioned itself so that when... more
AGS, Caesars, strike igaming partnership
AGS Tuesday announced a content partnership with Caesars Sportsbook & Casino. The Las Vegas-based provider of slot, table and... more
VICI CFO: Mirage takeover by Hard Rock benefits entire Las Vegas Strip
The CFO of VICI Properties, the real estate investment trust that owns the Mirage and nine other properties on the Strip, said the... more
Analyst to Macau: Show me the money
Don’t buy into the Chinese New Year (CNY) hype. That was one of the key takeaways from Deutsche Bank analyst Carlo Santarelli’s... more
Louisiana: Gaming revenue reaches $211.7 million in December, slight drop from previous year
The Louisiana Gaming Control Board recently reported $211.7 million in gaming revenue from riverboat casinos and Harrah’s New Orleans,... more
World Game Protection Conference set for March 7-9 at Tropicana Las Vegas
The World Game Protection conference and expo returns to Las Vegas March 7-9 as the gaming industry deals with an increase in cage... more
Navajo Nation rescinds mask mandate on vast reservation, including casinos
The Navajo Nation has rescinded a mask mandate that’s been in effect since the early days of the coronavirus pandemic, officials... more
Nevada casinos set record in FY2022 with sharp gains in room, food, beverage
Nevada’s 296 casinos with $1 million and higher in gaming revenue generated $4.1 billion in net income during the 2022 fiscal year, the... more
Nevada regulators to hear from Virgin’s Betfred Sportsbook
Betfred Sportsbook will appear in front of Nevada regulators in a special meeting Wednesday, setting the stage for Virgin Hotels Las Vegas... more
Lunar New Year tourism hopes fizzle as Chinese stay home
BANGKOK (AP) – A hoped-for boom in Chinese tourism in Asia over next week’s Lunar New Year holidays looks set to be more of a... more
Pennsylvania gaming revenue tops $5 billion in 2022, new record for the Keystone State
The gaming industry is booming in Pennsylvania. The Pennsylvania Gaming Control Board Wednesday announced that revenue from all forms of... more
Pennsylvania gaming revenue sets monthly record of $474.9 million in December 2022
Another month, another record gaming revenue total in Pennsylvania. The Pennsylvania Gaming Control Board Wednesday reported that revenue... more
Bally’s appoints Tracy Harris to board of directors
Bally’s Corporation Wednesday announced the appointment of Tracy Harris to its board of directors as an independent member. Harris has... more
New Jersey’s 2022 gambling revenue matches all-time high, with online help
ATLANTIC CITY, N.J. (AP) – New Jersey’s gambling revenue matched its all-time high of $5.2 billion in 2022, but only half that... more
Boyd gets boost from Wall Street analyst
Citing “unappreciated growth,” Credit Suisse analyst Ben Chaiken initiated coverage of Boyd Gaming with an Outperform rating. He set a... more
Arkansas judge voids Cherokee Nation license to build casino
LITTLE ROCK, Ark. (AP) – An Arkansas judge voided a state panel’s decision to allow the Cherokee Nation to build a casino in the... more
Sports bettors embrace wagering in Buckeye State
As the launch of legal sports betting approached in Ohio, Jack Entertainment’s Adam Suliman was prepared for almost anything. The senior... more
Las Vegas-based Golden Matrix to acquire MeridianBet for $300 million
Golden Matrix Group Thursday announced it has entered a definitive agreement to acquire MeridianBet Group and its related companies in a... more
Pay raises unlikely to hurt casinos’ bottom line
This spring, Culinary Union Local 226 and Las Vegas Bartenders Union Local 165 contracts with major Las Vegas casino companies will expire.... more
Analyst “still positive” on gaming despite economy
“Waiting for Godot” was how Truist Securities analyst Barry Jonas characterized the current wait-and-see attitude toward macroeconomic... more
Nevada aims to take lead in esports wagering
A proposal to expand esports wagering is set to get the go-ahead from Nevada regulators and be implemented in early 2023. The Gaming... more
Caesars Windsor opens Ontario’s first full-service sportsbook
One of the big criticisms over the rollout of the regulated gaming and sportsbook industry in Ontario in 2022 was the delay at the Ontario... more
Phil Katsaros announces his departure from Nevada Gaming Control Board
Nevada Gaming Control Board member Phil Katsaros announced Wednesday he is leaving the board, effective at the end of January. Katsaros was... more
Maine issues proposed rules for sports betting
AUGUSTA, Maine (AP) — Maine launched the formal process of instituting sports betting Wednesday by releasing proposed rules, but it will... more
American Gaming Association releases anti-human trafficking toolkit
The America Gaming Association’s campaign against human trafficking continues throughout January with the release of a toolkit designed... more
Gaming “adequately” prepared for recession, Fitch opines
Fitch Ratings, expecting a 2023 downturn in gambling revenues, said yesterday that casino companies were “favorably to weather the... more
Passport Technology introduces Diallo Gordon as chief marketing and product officer
Las Vegas-based payment technology provider Passport Technology Tuesday introduced Diallo Gordon as chief marketing and product officer.... more
VICI Properties makes first international investment with Pure Casino deal in Alberta
VICI Properties Inc. on Monday announced that it has acquired the real estate assets of the Pure Casino properties based in Alberta for an... more
Brett Mufson named CEO and President of Fontainebleau Las Vegas
Fontainebleau Development President Brett Mufson has been named president and CEO of the Fontainebleau Las Vegas. The Fontainebleau is... more
A Remembrance: Philip Hannifin (1934-2023)
Sadly, a giant of the casino industry, Philip P. Hannifin, lost his battle with lung cancer this week at the age of 88. While his name may... more
UPDATE: VICI completes acquisition of remaining interest in MGM Grand and Mandalay Bay from Blackstone
UPDATE: VICI announced Monday that it has completed the previously announced purchase of its joint venture with Blackstone Real Estate that... more
Gaming influencer Brian Christopher will only appear at smoke-free venues in 2023
YouTube and Facebook celebrity and gaming influencer Brian Christopher is taking a stand against smoking in casinos. Christopher Monday... more
Florida: Seminole Tribe breaks ground for new casino near Lake Okeechobee
A new era of gaming in central Florida began to take shape Thursday when the Seminole Tribe of Florida and Seminole Gaming broke ground for... more
Merger of ad agencies leads to gaming industry-focused Good Giant
When Rich Sullivan joined his father’s Alabama-based ad agency Red Square after graduating from college, he wanted to do great work and... more
Las Vegas well positioned for 2023, Macau has chance to rebound: analyst
U.S. gaming, especially in Las Vegas, remains strong heading into 2023, while Macau offers the best chance that Wall Street estimates will... more
Convention capital Las Vegas returning to pre-pandemic attendance
As CES gets under way in Las Vegas, the head of the Las Vegas Convention and Visitors Authority predicts convention business in 2023 will... more
New president and GM named to lead Atlantic City’s Hard Rock casino
ATLANTIC CITY, N.J. (AP) – Atlantic City’s Hard Rock casino on Tuesday hired a new management team as the property pushes for... more
Operators get new tools to figure bottom line on player offers
Despite differing perspectives, casino-marketing directors and the players they pursue look at comps with the same question in mind:... more
Analysts confident in strong 2023 for Las Vegas
It took Nevada and the Strip only 11 months in 2022 to break their 2021 records for all-time gaming win, and industry experts remain... more
2022 in Gaming: Industry executives, workers, observers select the most important stories
From the continued growth of sports betting and its less mentioned online partner, igaming, to deals, mergers and acquisitions, it was a... more
As GGW’s new president, Lauren Bates plans to continue organization’s growth
When Lauren Bates joined Global Gaming Women in 2017, the organization was an outlier. Advocacy groups for women in the gaming industry... more
EXPLAINER: Sports betting to begin in Ohio with new year
COLUMBUS, Ohio (AP) – The start of the new year brings legalized sports betting to Ohio with plenty of options for placing a bet. A... more
2022 in Review: Experts weigh in on year’s most important gaming industry stories
The gaming industry started 2022 on the tailwind of record-breaking revenue in 2021. As this year winds down, it appears revenue is on... more
Responsible gambling best practices will be 2023 focus of state lawmakers
State lawmakers across the country will address problem gambling and responsible-gambling best practices in 2023 as sports wagering and... more
As sports betting grows in Africa, many see a real scourge
KAMPALA, Uganda (AP) — The Ugandan health official was so sure Argentina would win its World Cup soccer match against Saudi Arabia that... more
Nevada gaming revenue: Rare monthly dip from record November 2021
Nevada surpassed $1 billion in gaming revenue for the 21st consecutive month in November, but it couldn’t keep up with a record-breaking... more
AGA’s Clark: Gaming industry’s soaring revenue, G2E attendance, highlight 2022
Remember when brick-and-mortar casinos were shuttered and gaming-industry revenue hit rock bottom due to the pandemic? It seems like a... more
Fontainebleau Las Vegas announces executive hires
Fontainebleau Las Vegas has announced several executive appointments for the property that’s scheduled to open in the fourth quarter of... more
Fontainebleau Las Vegas secures $2.2 billion in funding to complete construction
After securing $2.2 billion in funding to complete construction, the 67-story Fontainebleau Las Vegas on the north end of the Strip remains... more
Mississippi: VICI acquires real estate assets of Fitz, WaterView hotel-casinos
VICI Properties this week announced the acquisition of the real estate assets of two Mississippi-based properties, the Fitz Casino &... more
Nevada Gaming Commission approves new regulations to thwart cyberattacks
The Nevada Gaming Commission Thursday approved cybersecurity regulations for the state’s gaming industry to protect operators’... more
Maverick Gaming completes acquisition of Evergreen Gaming Corporation
Maverick Gaming Wednesday will assume operational control of the Evergreen Gaming Corporation after receiving regulatory approval from the... more
BET99 signs multi-year Canadian partnership deal with NHL
CAD this morning announced a new Canadian multi-year deal with the NHL, but it’s different than other operator sponsorship arrangements... more
Hard Rock completes acquisition of The Mirage
Hard Rock International assumed control of The Mirage Monday from MGM Resorts International, three days after the Nevada Gaming Commission... more
Pennsylvania: Thanks to online play, gaming revenue continues to rise
The Keystone State’s gaming industry continues to thrive. The Pennsylvania Gaming Control Board Monday announced that revenue... more
New Jersey casino revenue up 4% in November; trails pre-pandemic levels
ATLANTIC CITY, N.J. (AP) – Atlantic City’s casinos won nearly 4% more from in-person gamblers in November than they did a year... more
Mirage sale to Hard Rock: Approved by Nevada Gaming Commission
The Seminole Tribe of Florida, through its Hard Rock International subsidiary, will be the first tribal operator on the Las Vegas Strip... more
Churchill Downs appoints Andréa Carter to board of directors
Churchill Downs Incorporated Friday announced the appointment of Andréa Carter to its board of directors. Carter, currently senior... more
Macau skeptic turns optimistic
“We see Macau stocks as excellent plays on China reopening,” wrote J.P. Morgan analyst Joseph Greff in a Thursday investor note. The... more
Entering Maryland, FanDuel donates $1 million to benefit state’s HBCUs
FanDuel is backing its entry into the state of Maryland with a significant contribution to Historically Black Colleges and Universities.... more
New York: Resorts World Hudson Valley scheduled to open Dec. 28
As residents wait to see if Manhattan will get a casino, there will soon be another nearby option. Resorts World Hudson Valley, 60 miles... more
Colombia: Rush Street opens new offices in Bogotá and Medellín
Rush Street Interactive is placing a bet that Colombia will be a lucrative gaming market. The Chicago-based gaming operator Monday... more
Gaming and Leisure summit participants bullish on future business
Bally’s Corp. expects a 71 percent return on investment from its $70 million temporary casino at Medinah Temple in Chicago. That was the... more
Experts warn of further cyberattacks on casinos
As the Nevada Gaming Commission prepares to vote on new cyber regulations on Dec. 22, security experts Friday said that data breaches and... more
Station Casinos appoints Durango execs ahead of 2023 opening
Station Casinos announced key leadership appointments for Durango Casino & Resort, which is set to debut in southwest Las Vegas in late... more
Hard Rock details plans for Mirage transformation
Hard Rock International unveiled its plans Wednesday for a multi-billion investment and transformation of the Mirage, including a... more
AGEM Index increases 7 percent over October
The AGEM Index increased by 59.31 points in November to 905.95, a 7 percent improvement over October. Compared to one year ago, the Index... more
Bally’s appoints Kim Barker Lee as executive VP, chief legal officer
Bally’s Corporation Wednesday introduced Kim Barker Lee as the company’s new executive vice president, chief legal officer. Lee will... more
Lawmakers and casino executives gather to talk legislative landscape and gaming expansion
The National Council of Legislators from Gaming States will hold its winter meeting in Las Vegas this weekend, with a focus on 2023 and the... more
World Cup betting down in Las Vegas but higher than expected
LAS VEGAS (AP) – The World Cup may be the globe’s biggest sporting event, yet in the United States in the fall, it competes... more
InfiGifts, Passport reimagine casino loyalty programs
Two companies are teaming up to make gift-giving and gift-getting more rewarding for casinos and their customers. The partnership between... more
MGM Resorts International gets an analyst upgrade
“Welcome back to the show,” wrote Truist Securities analyst Barry Jonas as he put a “Buy” rating on MGM Resorts International,... more
Missouri: New Caruthersville casino under way
Century Casinos broke ground last week, the company announced today, on its new land-based casino in Caruthersville, Missouri. The $51.9... more
Gov. Burgum, North Dakota tribes sign gambling compacts
BISMARCK, N.D. (AP) – Gov. Doug Burgum announced Friday that he has signed agreements with North Dakota’s American Indian... more
Wynn Resorts completes sale and leaseback of Encore Boston Harbor
Wynn Resorts December 1 completed a deal for the sale of Encore Boston Harbor’s land and real estate assets to Realty Income... more
Ripley’s Believe It Or Not museum to close in Atlantic City
ATLANTIC CITY, N.J. (AP) — Believe it or not, an iconic part of the Atlantic City Boardwalk is closing soon. The Ripley’s Believe... more
Las Vegas airport sets passenger record in October
Aided by a bounce-back in convention business and strong tourist visitation, Harry Reid International Airport set an all-time record in... more
Analyst quantifies California sports-betting flop and prospects in five other states
More registered California voters signed petitions to authorize California’s Proposition 27 to legalize online sports betting (OSB) than... more
AGS’s new Spectra UR43 cabinet performing well at launch
The AGS Spectra UR43 cabinet is performing well out of the gate, according to a report from Eilers & Krejcik Gaming and Fantini... more
Illegal gambling revenue is U.S. is $511 billion per year: American Gaming Association study
Despite commercial and tribal gaming being legal in 36 states, many American still gamble with illegal or unregulated sportsbooks and... more
Downtown Las Vegas sets gaming-win record at $90 million
Nevada recorded its 20th consecutive month surpassing $1 billion in revenue in October, as gaming shows no signs of slowing, even in this... more
Mohawk Council of Kahnawà:ke challenges Ontario government on igaming
The Mohawk Council of Kahnawà:ke (MCK) today announced that they’re taking the Ontario government to court over changes to the way... more
Saskatchewan inching toward in-person casino sports betting
Ontario has finally moved forward with in-person sports-betting experiences at provincial casinos and companies like Great Canadian... more
Macao awards casino licenses to MGM, Sands, Wynn, 3 others
BEIJING (AP) – Macao has tentatively renewed the casino licenses of MGM Resorts, Las Vegas Sands, Wynn Resorts and three Chinese... more
Great Canadian Entertainment appoints new CEO
As Great Canadian Entertainment begins to implement in-person sports betting across 10 of its Ontario casinos, the company has a new Chief... more
Atlantic City: Showboat Hotel owner proposes $3B canals, housing at ex-airport
ATLANTIC CITY, N.J. (AP) – Two Philadelphia developers want to build a $3 billion housing, office and retail project on the site of a... more
The United States Igaming Revenue Report — October 2022
An overview of igaming revenue in New Jersey, Michigan, Pennsylvania, Connecticut, West Virginia, and Delaware, the six states where online... more
Record igaming revenue and increased sports betting contribute to Pennsylvania’s robust October
Spurred by record igaming revenue, the Pennsylvania Gaming Control Board Thursday reported that gaming revenue in October totaled $450.2... more
Nevada: Gaming Commission approves Apollo dividend
The Nevada Gaming Commission Thursday signed off on the private equity owners of the Venetian and its convention center to issue a $620... more
Where does gambling in Alberta go from here?
Alberta is a current big unknown on the Canadian digital-gaming scene, as the province’s new government leaders figure out their... more
Las Vegas gaming and visitation expected to level out in 2023
An economic forecast released Thursday by the University of Nevada Las Vegas predicts visitor volume, gaming revenue, and hotel occupancy... more
Former Massachusetts tribal leader gets three years in casino bribery case
BOSTON (AP) – The former leader of a Massachusetts Native American tribe convicted of accepting bribes including exercise equipment... more
AGA survey estimates 20.5 million U.S. adults will bet on World Cup
It’s not quite the Super Bowl, but millions of Americans will watch the forthcoming World Cup. And many U.S. fans will place wagers on... more
Gateway Casinos’ expansion deal a boost for Ontario’s horse racing industry
The decision by Gateway Casinos & Entertainment Ltd. to expand its existing location at Western Fair District in London, Ont., is seen... more
As earnings season ends, casino industry touts start to fourth quarter
Third-quarter earnings wrapped up last week for the gaming industry and the reviews are in: Revenues exceeded expectations and not only... more
New Light & Wonder CEO presides over Q3 call; earnings per share top forecasts
Light & Wonder’s third-quarter earnings presentation marked a changing of the guard. Matthew Wilson, who was named CEO in October and... more
MGM to install exclusive seats on Bellagio’s lake for next year’s F1 Las Vegas Grand Prix
Formula 1 races are staged at some of the world’s most picturesque locales, from the streets of Monaco to the Autodromo Nazionale di... more
Wynn Resorts third quarter “impressive” and “encouraging”
Wynn Resorts executives Tuesday touted the strength in the Las Vegas tourism and convention business in boosting third-quarter earnings and... more
Financial-tech and gaming-machine revenue surges in third quarter for Everi
Gaming-machine and financial-technology hardware sales sent third-quarter revenue to a record for Las Vegas-based gaming-equipment and... more
Ontario casinos get a lifeline with sportsbook approval
The Ontario Lottery and Gaming Corporation (OLG) tossed Ontario casinos a nice lifeline by announcing that sportsbook lounges and kiosks... more
Gaming revenue sets quarterly record, on pace to exceed 2021: AGA report
Like Taylor Swift, the hits keep coming for the U.S. gaming industry. For the second consecutive quarter, gaming revenue set a record,... more
UPDATED: Both dueling California ballot propositions to legalize sports betting lose, after more than $400M spent
LOS ANGELES (AP) – The effort to legalize sports betting in California ran headlong into a typical challenge for competing ballot... more
IGT touts momentum from iSoft deal as it reports forecast-topping earnings, revenue
Strong global gaming performance and the closed acquisition of iSoftBet boosted third-quarter revenue for International Game Technology.... more
Powerball ticket sold in California snags record $2.04B win
LOS ANGELES (AP) – Someone who bought a Powerball ticket in Southern California has won a record $2.04 billion Powerball jackpot... more
Game time: California to decide dual sports betting measures
LOS ANGELES (AP) – The gaming industry and Native American tribes bet big on dueling propositions to legalize sports gambling in... more
Full House posts loss, emphasizes Waukegan
Top executives of Full House Resorts reiterated that their Nov. 7 earnings call was the last that would be held before the oft-postponed... more
Louisiana-based FABICash made a splash at G2E
For the second year in a row, FABICash took the Global Gaming Expo by storm, this time with the FABIKiosk, an all-in-one ticket-redemption... more
Gaming industry closely watching Tuesday’s elections
The gaming industry will be on the ballot Tuesday as Americans go to the polls to decide not only just the control of Congress, but also... more
DraftKings shares sell off sharply after company reports slowed customer growth
Third-quarter customer growth slowed more than expected for fantasy sports giant DraftKings and investors reacted strongly. The stock price... more
As a thought leader, mentor, and visionary, Luisa Woods blazes a trail in the gaming industry
When the state of New Jersey legalized internet gambling in 2013, Tony Rodio knew it was an opportunity. Then CEO of the Tropicana in... more
In the 5 states without lotteries, a case of Powerball envy
WEST POINT, Ga. (AP) – Loretta Williams lives in Alabama but drove to Georgia to buy a lottery ticket for a chance at winning the... more
Bally’s cautious as profits thin
Third-quarter profits for Bally’s Corp. narrowed substantially, from $61 million last year to $593,000 this year. Even so, CEO Lee Fenton... more
Golden Entertainment reports strong Q3, highest-ever revenue month at The Strat in Las Vegas
Golden Entertainment enjoyed a strong third quarter that has continued into October and bodes well for the rest of 2022, the company... more
Breeders’ Cup: FanDuel TV analyst Todd Schrupp talks about horse racing’s best two days of competition
The Breeders’ Cup is one of the most anticipated events on the horse racing calendar. This year’s event, taking place Nov. 4-5 at... more
Breeders’ Cup: FanDuel TV’s investment in TVG has earned support from horse racing fans
Horse racing enthusiasts are fierce in their devotion to the sport, and often resistant to change. When FanDuel’s purchase and rebranding... more
With third quarter gains, Penn Entertainment plans to focus on 21-44 demographic
Penn Entertainment’s third quarter report, issued Thursday, showed year-over-year increases in revenue and net income. The... more
Buoyed by record performance on Las Vegas Strip, MGM Resorts generates third-quarter revenue of $3.4 billion
MGM Resorts International’s Las Vegas Strip properties are raking in revenue in record numbers. The gaming operator Wednesday reported... more
Venetian ownership touts Strip success, expresses interest in additional casinos
The private-equity owners of the Venetian resort-casino and events center said operations have gone so well since the takeover from Las... more
Rush Street Interactive misses target, but reduces losses
Rush Street Interactive posted a pre-tax loss of $20.8 million on $148 million in revenue in the third quarter, but “made tremendous... more
North Dakota: Governor rejects tribes’ plea for online gambling rights
BISMARCK, N.D. (AP) – Gov. Doug Burgum rejected a plea Wednesday by North Dakota’s American Indian tribes to give them... more
Pro Football Hall of Fame Village granted sports book, online betting platform licenses
Visitors to the Pro Football Hall of Fame will be able to place wagers on NFL games and other sports starting Jan. 1, 2023. The Hall of... more
Caesars says it won’t sell a Strip resort, talks New York casino bid
Caesars Entertainment announced Tuesday it won’t be selling one of its eight Strip properties after all and gave a few more insights into... more
UPDATE: Churchill Downs completes $2.75 billion purchase of Peninsula Pacific assets
UPDATE 11/1/2022: Churchill Downs Incorporated Tuesday announced it has completed the previously announced purchase of substantially all of... more
UPDATE: Boyd Gaming completes acquisition of online-gaming tech company for $170 million
UPDATE 11/1/22: Boyd Gaming on Tuesday announced it completed the previously announced $170 million acquisition of Pala Interactive and its... more
Caesars Racebook now available on Android and computers in advance of Breeders Cup
Just in time for the upcoming Breeders Cup, Caesars Entertainment and NYRA Bets Tuesday announced the launch of Caesars Racebook for... more
Gaming and Leisure’s Q3 cash flow, revenue top forecasts; cost main hurdle to Las Vegas Strip deal
Futures aren’t predictable, Gaming and Leisure Properties CEO Peter Carlino said; the best anyone can do is plan ahead. But observers may... more
Aftereffects of Venetian, MGM Growth Properties deals help VICI double third-quarter revenue
VICI Properties touted deals, including the acquisition of a Maryland casino’s land and the financing for a Texas wellness resort, as it... more
Churchill Downs updates on deals, posts forecast-topping 3Q revenue
Churchill Downs rode the momentum of a new partnership with FanDuel and closed acquisitions into its earnings call Thursday. The racetrack... more
Red Rock Resorts reports flat revenue in Q3
Red Rock Resorts reported third-quarter revenue that was flat compared to 2021, even as the company remains bullish on fourth-quarter... more
Strong Strip gaming win pushes September revenues in Nevada
Led by an 8.25% increase in Las Vegas Strip gaming revenue and increased visitation in September, Nevada posted its 19th consecutive month... more
Aruze Gaming showcases emerging active gaming products at Global Gaming Expo
At the recent Global Gaming Expo in Las Vegas, Aruze Gaming exhibited a range of products that showcased the company’s innovations. But... more
Louisiana: Horseshoe Lake Charles scheduled to open in December
Caesar’s Entertainment Wednesday announced the Isle of Capri Lake Charles in Louisiana will re-open December 12 as Horseshoe Lake... more
Boyd Gaming reports strong third quarter; no signs of inflation slowing revenue
Led by a strong showing in downtown Las Vegas and solid play by core customers throughout the country, Boyd Gaming’s third-quarter... more
Las Vegas at center of tight contests for senate, governor
LAS VEGAS (AP) – In a meeting hall just north of Las Vegas Boulevard, where casino-resorts tower like gleaming beacons of amusement,... more
Nevada could adopt esports regulations by end of the year
A Nevada committee has wrapped up its main task and finalized regulations for expansion of esports wagering in the state in 2023. The... more
Charities fight North Dakota tribes’ plan for exclusive online gambling rights
BISMARCK, N.D. (AP) – Allowing North Dakota’s five American Indian tribes exclusive rights to host internet gambling and sports... more
Oklahoma: Feud with tribes threatens governor’s reelection
ADA, Okla. (AP) — Many of the 39 Native American tribes based in Oklahoma have played roles in state politics for decades, often behind... more
Las Vegas Sands: Travel restrictions and reduced visitation continue to impact financial results
Las Vegas Sands Corp. said travel restrictions in Asia continued to impact its financial results during the third quarter, but they... more
Philippines shuts 214 illegal online gambling operations
MANILA, Philippines (AP) – Philippine officials say they have shut down at least 214 illegal Chinese offshore gambling operations and... more
Virginia: Petersburg hires Cordish Companies as development partner
The City of Petersburg Tuesday announced the selection of The Cordish Companies as development partner for a proposed casino, which could... more
Las Vegas expected to show slower earnings in third quarter
Gaming companies will report third-quarter results over the next two weeks and one Wall Street analyst predicted that while earnings... more
Pennsylvania: Bolstered by increased sports betting, September gaming revenue reaches $448.4 million
The Pennsylvania Gaming Control Board Tuesday reported that gaming revenue in September was $448.4 million, a year-over-year increase of... more
Esports video games hold vast betting potential, experts say
ATLANTIC CITY, N.J. (AP) – Competitive video games hold vast economic potential in the U.S. and worldwide, particularly once gambling... more
New Jersey casino, sports betting, online revenue up 7% in September
ATLANTIC CITY, N.J. (AP) – New Jersey’s casinos, horse tracks that offer sports betting and the online partners of both types... more
G2E: Addition of igaming an essential part of revenue growth
The adoption of igaming is the best way to increase total gaming revenue, but states remain unlikely to rush toward it, a veteran industry... more
G2E: Upwards of 25,000 attend the gaming industry’s Las Vegas showcase
The Global Gaming Expo (G2E) 2022, presented by the American Gaming Association (AGA) and organized by RX, returned to Las Vegas this week... more
Sightline Payments’ Project 250 aims to seed cashless payment technology across the country
In order to achieve widespread adoption of cashless payments in the gaming industry, casinos need to establish an infrastructure. Last... more
Las Vegas: Station Casinos executives justify aggressive expansion
Saying that they’re “misunderstood,” top executives from Station Casinos made the case for their plan to double the... more
AGS boasts new products in slots, table games, interactive at G2E
AGS is stepping up its games, showing off the company’s first high-denomination slot and expanding a table-game side bet with a... more
Aristocrat’s igaming pillar rebrands to Anaxi
On Monday, Aristocrat rebranded its igaming division to Anaxi and announced its intentions to launch its first products by the end of 2022.... more
MGM announces $100 million Mandalay Bay Convention Center remodel
MGM Resorts International will be investing $100 million in a redesign of the Mandalay Bay’s Convention Center, intended to create a... more
Wynn Resorts hopeful about Macau, ready for Massachusetts sports betting
Executives of Wynn Resorts expected eight submissions for six casino licenses in Macau, meaning two challengers in addition to the six... more
Casino floor employee group expands nonsmoking campaign beyond New Jersey
The Atlantic City casino employee organization pushing to ban smoking from gaming floors is expanding to Nevada, Pennsylvania, Rhode... more
Light & Wonder names Matt Wilson Chief Executive Officer
Light & Wonder today announced that its board of directors has named Matt Wilson as President and Chief Executive Officer and a member... more
Penn plans major expansions at four properties
Two new casinos and two hotel towers are in Penn Entertainment’s future, with construction slated to start late next year. The company... more
GameCo and Green Jade announce merger, formation of new entity
GameCo announced Monday that it has entered into a definitive agreement to merge with the Malta-based studio Green Jade Games, to create a... more
Global Payments chief foresees rapid growth of cashless gaming in 2023
U.S. casinos will install a “huge number” of digital-payment systems next year, thanks to the success early adopters are enjoying, the... more
Top 10 suggestions for attending G2E
10. If you can do only one day, make it Thursday. Sadly, most of the top executives will have left their booths early, but the folks who... more
AGA’s Miller cautiously optimistic as gaming industry gets ready for G2E
As he prepares to give the welcoming address at the Global Gaming Expo October 11, American Gaming Association President Bill Miller has... more
Bally’s Chicago drives analyst optimism
Deutsche Bank initiated coverage of Bally’s Corp. yesterday, placing a “Hold” rating on the stock (ticker symbol BALY) and a price... more
Sightline Payments wagers that $300 million collaboration will increase access to cashless payments
An investment of up to $300 million to implement cashless gaming in a quarter million slot machines? That’s the bet the digital payments... more
American Gaming Association names Maureen Beddis senior vice president
The American Gaming Association Wednesday introduced Maureen Beddis as its new senior vice president, membership and events. Beddis will... more
BetMGM launches NHL-themed igaming titles
BetMGM Thursday announced the launch of National Hockey League -branded casino games including roulette, blackjack, baccarat and the new... more
Nevada Gaming Control Board appoints Kristi Torgerson as enforcement chief
Tuesday, the Nevada Gaming Control Board announced the appointment of Kristi Torgerson as chief of its Enforcement Division. Torgerson, a... more
AGEM’s September Index shows 11 percent decline from August
The AGEM Index fell by 91.73 points in September to 739.77, an 11 percent decline from the prior month. Year over year, the Index was down... more
AGA Gaming Industry Outlook: CEO’s bullish on economic prospects
Despite inflation, supply chain issues, and a need for more employees, gaming CEOs are bullish on the industry’s prospects. According to... more
Aruze unveils new igaming strategy, to introduce new features, games, at G2E
For developer Aruze Gaming, it’s not enough to have a couple of new releases each year. The Las Vegas-based provider of products to the... more
Global Market Advisors and The Strategy Organization announce merger
Global Market Advisors and The Strategy Organization have announced a merger to create a gaming and hospitality consulting company. The... more
Roy Student, Frank Fantini honored recipients of AGEM Memorial Awards
Roy Student and Frank Fantini have been named recipients of the Association of Gaming Equipment Manufacturers’ 2022 Memorial Awards.... more
Global Gaming Expo leaves lasting impressions for past attendees
The saying “What happens in Vegas stays in Vegas” is not quite true of the Global Gaming Expo. The annual gaming industry conference,... more
Say Hey: Virginia McDowell’s Gaming Hall of Fame career started with a boost from Willie Mays
Virginia McDowell’s gaming industry Hall of Fame career started with another Hall of Famer from a different realm. While working at... more
A brief history of casino data visualization
Most credit advertising exec Fred R. Barnard with the line, “A picture is worth a thousand words.” He was writing in a 1921 ad-trade... more
Pennsylvania Gaming Control Board issues diversity and financial year reports
The Pennsylvania Gaming Control Board Friday released its 15th annual diversity report, and the results mostly mirror the Keystone... more
Light & Wonder completes $800 million sale of OpenBet to Endeavor
Light & Wonder Friday completed the previously announced sale of OpenBet, its sports sport betting business, to Endeavor Group... more
Lawsuit alleges MGM paid problem gambler to not report online glitches
ATLANTIC CITY, N.J. (AP) – A New York City man is suing an Atlantic City casino, its parent company and its online betting partner,... more
Strip leads Nevada gaming win in August
Led by the ongoing strength of the Las Vegas Strip, Nevada surpassed $1 billion in revenue for the 18th consecutive month, while casinos... more
Zeno Rizzo, founder of MGR Casino Chairs, passes away
MGR Casino Chairs has informed the industry that Zeno Rizzo, founder of the company, passed away on Sept. 17. Born in 1948, Rizzo founded... more
Bally’s weighs “significant redevelopment” of Tropicana Las Vegas
Bally’s Corp. received approval Thursday to take over the operations of the Tropicana Las Vegas and the company said it’s... more
PlayAGS rejects Inspired Entertainment’s bid to buy the company, remains in discussions
AGS announced Monday morning that it had rejected Inspired Entertainment’s bid to buy the company at $10 per share, or $370 million... more
Declining Strip room rates raise concerns of inflation impacting summer travel to Las Vegas
Room rates in Las Vegas through early August are still strong, but they’re trending lower, raising questions about the Strip starting to... more
Circa owner seeing inflation’s effect, with fewer ATM withdrawals and less spending
Downtown Las Vegas casino owner Derek Stevens told the Nevada Gaming Commission Thursday that his three properties are starting to endure... more
Nevada’s gaming freight train gathers more steam in February
Emerging from the omicron variant that slowed visitation in January, Nevada gaming revenues in February, driven by strong slot play and... more
The United States Igaming Revenue Report — February 2022
An overview of igaming revenue in New Jersey, Pennsylvania, Michigan, West Virginia, Delaware, and Connecticut, the six states where online... more
From Brazil to Bristol, Allie Evangelista is opening doors for women executives
Allie Evangelista is talking about her remarkable career: her journey from Brazil to the United States; working as a housekeeper, then... more
IGT projects stability at investor road show
Deutsche Bank invited International Game Technology executives, including CEO Vincent Sadusky and CFO Max Chiara, to make a presentation to... more
Nevada Gaming commissioners praise Resorts World and Circa for their success despite opening during pandemic
It’s a challenge to open a new casino. It’s even tougher to open it during a global pandemic when tourism numbers are down. The Nevada... more
Nevada Gaming Commission pauses Barry Diller licensing amid probe by SEC and Justice Department
An investigation by the federal Securities and Exchange Commission and Justice Department has paused billionaire media mogul Barry... more
Bally’s names Bobby Lavan to replace Steve Capp as CFO
Bally’s Corporation Monday announced the appointment of Bobby Lavan as Chief Financial Officer. Lavan replaces Steve Capp, who is... more
More than 45 million adults expected to wager on March Madness, according to AGA
The teams playing in the NCAA Men’s Division 1 Basketball Tournament were revealed Sunday; now, the real fun begins. And not only at... more
As March Madness begins, college students are at increased risk from problem gambling
For college basketball fans, the NCAA Basketball tournament is the best time of the year. But for college students caught up in March... more
UPDATE: Bally’s completes sale and leaseback of Biloxi, Tiverton casinos to GLPI
UPDATE 1/4/2023: Bally’s Wednesday announced the completion of the previously announced sale of its Bally’s Tiverton and... more
Illinois slot routes boom in October
Illinois casinos, aided by two extra weekend days, did superficially well in October, up two percent over 2019 for a $109 million gross.... more
Wynn Interactive SPAC agreement terminated
Wynn Resorts and Austerlitz Acquisition Corporation Friday announced they’ve terminated a mutually agreed plan of merger. That agreement,... more
Women still on the sidelines when it comes to sports betting
Gaming operators competing for shares of the emerging sports betting market are flooding the airwaves with commercials featuring all-star... more
Lottery strength and other gains boost IGT’s third quarter, topping forecasts
Double-digit-percentage revenue gains in each of its business segments brightened International Game Technology’s third quarter. Global... more
DraftKings makes bid to acquire BetMGM joint-venture partner Entain for $20 billion
DraftKings’ bid to acquire British gaming company Entain for $20 billion in a stock and cash offer could generate a second attempt by MGM... more
Live! Casino & Hotel Maryland names Daniel Clark Vice President of Player Development
The Cordish Companies and Live! Casino & Hotel Maryland on Friday appointed Daniel Clark as Vice President of Player Development. Clark... more
Century misses guidance as fourth-quarter earnings flatten
Falling short of earnings guidance, Century Casinos delivered $138 million in fourth-quarter revenue for 2025, flat compared to 2024. The... more
Commercial gaming revenue was record $78.7 billion in 2025
The U.S. commercial gaming industry reached $78.7 billion in gross gaming revenue, a 9.2% increase over the previous year and a record,... more
Strategic partnership between ICE Barcelona and IGE Rome moves into 2nd phase
Alessio Crisantemi, founder of IGE Rome (April 14-15), believes that the Italian industry has progressed from being Europe’s... more
