Writer: Howard Stutz
Underground Vegas Loop project envisioned as a solution to resort corridor traffic issues
The Las Vegas Convention Center’s underground people mover system, which is nearing completion, has yet to ferry a single tradeshow... more
Consensus: Gaming shows cooperative tone over Maryland sports betting referendum
Maryland’s sports betting ballot referendum has a more united effort and cooperative tone in the gaming industry than the state’s previous... more
MGM says $750 million debt raise ‘demonstrates’ investor confidence in outlook
MGM Resorts International finalized its previously announced $750 million debt offering Tuesday, which will be used for “general corporate... more
Las Vegas casino executive Scott Menke, CEO of Paragon Gaming, passes away at age 55
When you worked with Scott Menke and Diana Bennett, you became part of their extended family. That was a sentiment expressed repeatedly... more
Fahrenkopf, having navigated gaming dustups, is capable of weathering political discourse
During a nearly two-decade tenure as CEO of the America Gaming Association, Frank Fahrenkopf Jr., navigated the complicated relationships... more
MGM Resorts raises $750M in new debt; BetMGM sees 2020 revenues of $150M-$200M
MGM Resorts International announced plans Thursday morning to raise $500 million in new debt. By the time the markets closed, the Las... more
Mohegan Gaming receives initial approval to be the first tribe to operate a Las Vegas casino
On paper, the only location that seems to still be missing from Mohegan Gaming & Entertainment’s portfolio is Las Vegas. The... more
DraftKings and certain shareholders seek to raise more than $1.66B through stock sale
Sports betting operator DraftKings expects to raise more than $1.66 billion through a stock announced earlier this week, but just a little... more
IGT, Scientific Games joint venture in Brazilian instant lottery collapses
A joint deal between International Game Technology and Scientific Games to oversee Brazil’s instant lottery scratch card business fell... more
Twin River debt raise of $125 million could fund additional casino acquisitions
Casino operator Twin River Worldwide Holdings raised $125 million in new debt Tuesday, a sum which could be used in its upcoming casino... more
