Writer: Howard Stutz
Pandemic-influenced woes continue to tarnish Macau’s gaming market
Golden Week isn’t so golden, and the reverberations of the depressed Macau gaming market are being felt in Las Vegas by three casino... more
Sports betting operator DraftKings announces stock sale, following others
Sportsbook operator DraftKings, which went public in April, announced plans Monday to sell 32 million shares on the open market. The... more
Gaming analyst Brad Boyer joins gaming equipment provider AGS to oversee investor relations
Longtime gaming research analyst Brad Boyer is joining AGS and will serve as vice president of the casino equipment provider’s investor... more
SEC filing: Penn National restores management team’s salaries
Penn National Gaming has restored the salaries of the company’s top three executives, all of whom took pay cuts in April after the... more
Despite loosened restrictions and new protocols, Las Vegas’ 2020 events calendar is dead
The reaction within Nevada’s gaming community last week to the lifting of the state’s 50-person cap on public and private gatherings ranged... more
Twin River continues casino buying spree, acquires Illinois property for $120 million
Twin River Worldwide Holdings – already in the process of acquiring three casinos in three states – is adding a fourth property... more
Macau gaming revenue falls 90% in September; market is down 82.5% for all of 2020
Macau casinos experienced a sixth straight month of 90% gaming revenues during September, continuing a slower pace of recovery from the... more
Analysts: Caesars acquisition of William Hill adds billions in equity value to the casino company
The prospect of Caesars Entertainment terminating its American sports betting joint venture with William Hill’s U.S. subsidiary helped sink... more
Sale of Harrah’s Reno finalized, VICI and Caesars to split $41.5 million
The sale of Harrah’s Reno to a Las Vegas-based developer closed Wednesday with the property having never reopened following its shutdown in... more
Updated: Nevada gaming revenues decline 22.1% in August to $743 million, Strip down 39.2%
Nevada’s gaming market declined 22.1% in August compared to a year ago. But in a month-to-month comparison, there wasn’t that much... more
