Casino
Detroit casino revenue down again in November
Detroit’s three land-based commercial casinos posted $101.8m in revenue in November, representing another month-on-month decline and also a 5.9% drop on last year. Total revenue…
Cordish Companies reveals $1.4bn plans for Virginia casino
Gaming and entertainment business Cordish Companies has announced plans to build a new $1.40bn land-based, mixed use casino facility in Petersburg, Virginia. Located at the…
Hard Rock rejects reports of closure plans for the Mirage
Hard Rock International has denied media reports that it plans to close and carry out major upgrade work at the Mirage Hotel and Casino in…
RCI announces acquisition of Colorado casino location
RCI Hospitality Holdings announces that it has acquired a location in Central City, Colorado for its upcoming Rick’s Cabaret Steakhouse & Casino. The four-story, 30,000…
North Dakota to allow online casino, sports betting on tribal grounds
North Dakota governor Doug Burgum and the chairpersons of the state’s five tribal nations have signed new gaming compacts, opening the door for online offerings…
Vici partners Century Casinos to build new Missouri casino
Casino real estate investment trust Vici Properties and land-based operator Century Casinos have revealed plans to open a new physical casino property in Missouri. The…
Vici to acquire remaining stake in MGM Grand and Mandalay Bay JV for $1.27bn
Casino real estate investment trust Vici Properties has agreed to require the remaining 49.9% interest in the joint venture that owns MGM Grand Las Vegas…
Nevada gambling revenue reaches $1.28bn in October
Gambling revenue in Nevada amounted to $1.28bn in October, marking the 20th consecutive month in which revenue has exceeded $1.0bn in the US state. Revenue…
US players gamble $511bn per year with unlicensed operators, report finds
A new report commissioned by the American Gaming Association has estimated the US illegal gambling market to be worth $44.2bn per year, with players betting…
Penn Entertainment expands STEM scholarships to new HBCUs
Land-based and mobile gaming operator Penn Entertainment has expanded its Science, Technology, Engineering and Mathematics (STEM) scholarship program to three Historically Black Colleges and Universities…
Rush Street Gaming hands senior HR role to Pettit
Rush Street Gaming has appointed Dawn Reynolds Pettit, previously of Hard Rock Casino, as its new senior vice president of human resources. Based out of…
Thor Equities gains support for $3bn Coney Island casino bid in NY
Real estate developer Thor Equities has proposed plans to open a new land-based casino in Coney Island, New York, with backing from Saratoga Casino Holdings,…
Bally’s closes $500m sale leaseback with private equity firm
Bally’s has closed a deal worth up to $500m (£423.3m/€488.1m) with a real estate private equity firm in Chicago, wherein the firm acquired the 30-acre…
New Jersey betting revenue down as challengers struggle in October
Sports betting revenue in New Jersey declined by 7.4% year-on-year to $77.9m, as revenue for its leading brands increased but challengers in the market struggled.…