Las Vegas
State of the Union, Scientific Games, Big Fish, Louisiana and more
This week’s State of the Union, in partnership with Segev LLP, covers the proposed return of casinos in Nevada – and steps taken to to…
MGM aims to reopen Las Vegas casinos on June 4
MGM Resorts International has announced plans to reopen its casinos in Las Vegas on June 4, in line with measures set out by Governor Steve…
NV governor sets target date for casino reopenings
Nevada governor Steve Sisolak has set a target date of 4 June for the reopening of the state’s casinos. All casinos in the state were…
LV casinos partner hospital to coordinate Covid-19 testing
Las Vegas casinos have partnered the University Medical Center of Southern Nevada (UMC), the Culinary Health Fund and the Las Vegas Convention Center to test…
State of the Union: Colorado, Nevada, MGM and more
This week’s state of the Union, in partnership with Segev LLP, covers the launch of sports betting in Colorado, restrictions on Nevada casinos when they…
MGM revenue falls but property sales increase profits in Q1
MGM Resorts’ revenue fell 29.1% to $2.25bn for the first quarter of 2019 due to the effects of the novel coronavirus (Covid-19), but the operator’s…
State of the Union: SBTech-DraftKings, Nevada, Tennessee and more
This week’s state of the union, in partnership with Segev LLP, covers approval from Diamond Eagle Acquisition Corp. for the acquisition of DraftKings and SBTech,…
Covid-19 cuts into Nevada gaming revenue in March
The closure of Nevada’s casinos from 17 March as a result of the novel coronavirus (Covid-19) pandemic has resulted in gaming revenue falling 39.6% year-on-year,…
Boyd slips to loss in Q1 after Covid-19 closures
Boyd Gaming slipped to a loss for the first quarter in 2019, as the closure of all its venues due to the novel coronavirus (Covid-19)…
MGM revenue declines in first two months of 2020
MGM Resorts issued an earnings update amid the Covid-19 pandemic, reporting that revenue has declined for the first two months of 2020, but net income…
NV sportsbooks bring in $38.1m in last month before shutdown
Nevada casinos brought in $1.04bn in revenue while sportsbook revenue grew to $38.1m in the last full month before the novel coronavirus (Covid-19) pandemic led…
Covid-19 leads to casino closures across US
Casinos have closed, both voluntarily and by law, across the US in response to the ongoing outbreak of the novel Coronavirus disease (Covid-19). The Indiana…
MGM revenue increases beyond $12bn in 2019
Revenue at MGM resorts increased 9.6% year-on-year while the sale of the Bellagio resort boosted profits as the operator continues to pivot its business model…
Nevada sets sports handle record for 2019
Sports bettors in Nevada wagered a record $5.32bn, up 6.1% from 2018’s previous record. The state’s casinos took in a total of $12.03bn in revenue…