Casino
MGM confirms Entain merger proposal but “no certainty” of firm offer
Land-based giant MGM Resorts International has confirmed that it has put forward an offer to acquire igaming operator Entain, formerly known as GVC Holdings, but…
Felicia Hendrix to step into Penn National CFO role
Casino operator Penn National Gaming announced that executive vice president and chief financial officer David Williams stepped down from his role as of December 31,…
NV gaming revenue slips to $771.2m despite record sportsbook contribution
Nevada gaming revenue reversed its trend of recovery in November 2020, declining 6.3% month-on-month to $771.2m on stakes of $9.42bn, while the state set a…
Penn National opens Barstool sportsbooks in Indiana & Michigan
Casino operator Penn National Gaming (PNG) has opened three Barstool-branded sportsbooks, at the Hollywood Casino Lawrenceburg and Ameristar East Chicago Casino & Hotel in Indiana,…
Caesars to divest southern Indiana property to tribal operator
Caesars Entertainment has agreed to sell the operations of its Caesars Southern Indiana casino to the Eastern Band of Cherokee Indians, as well as completing…
Entain reveals talks with MGM Resorts over potential mega-merger
Entain, the igaming giant formerly known as GVC Holdings, has confirmed that its US joint venture partner MGM Resorts International has put forward a proposal…
New Jersey iGaming Dashboard – December 2020
New Jersey’s sports betting market stole the limelight from casino in November, with handle smashing its previous record by some distance. iGaming Business and Ficom…
PA sets new sports and igaming revenue records in November
Pennsylvania broke its sports betting and online gambling revenue records in November, though declining land-based revenue led to a year-on-year drop in the state’s monthly…
State of the Union: Michigan, Hard Rock, New Jersey and more
This week’s State of the Union, in partnership with Segev LLP, includes Michigan’s first online gaming licenses, Hard Rock’s new online gaming joint venture and…
Penn National enters Maryland through Hollywood Casino deal
Penn National Gaming is to enter the Maryland market ahead of the introduction of legal sports betting in the state after agreeing a deal to…
dMY shareholders to vote on Rush Street merger on 29 December
Special purpose acquisition company (SPAC) dMY Technology Group will hold a shareholder meeting on 29 December in order to approve its proposed reverse merger with…
US tribal gaming revenue reaches record $34.6bn in FY2019
Gross gambling revenue from tribal casinos increased 2.5% year-on-year in the 2019 financial year to a record $34.6bn, according to new figures published by the…
Covid-19 measures force Pennsylvania casinos to close until January 4
Pennsylvania Governor Tom Wolf has ordered all casinos in the US state to close until at least January 4 as part of new novel coronavirus…
State of the Union: Recovery, Indiana, Flutter and more
This week’s State of the Union, in partnership with Segev LLP, includes the latest results from the US commercial gaming sector as a whole, as…