Casino
MGM Resorts sets industry first with UN Water Mandate commitment
MGM Resorts International has become the first gambling business to endorse the United Nations’ CEO Water Mandate, a global coalition of hundreds of companies committed…
Pennsylvania gambling revenue up 18.2% year-on-year in January
Gambling revenue in Pennsylvania increased 18.2% year-on-year in January after the state reported growth across almost all market sectors. Revenue for the month – comprising…
Caesars extends rewards scheme amid New York City casino bid
Caesars Entertainment has sought to boost its bid to open New York City’s first full casino in Times Square by offering to extend its loyalty…
MGM completes $450m sale of Gold Strike Tunica
MGM Resorts International has completed the sale of the operations of Gold Strike Tunica Resort in Mississippi to CNE Gaming Holdings, a subsidiary of Cherokee…
Detroit casino revenue up 2.6% to $103.5m in January
Revenue at the three land-based commercial casinos in Detroit increased 2.6% year-on-year in January despite a sharp drop in sports betting revenue. Total revenue amounted…
Impairment charge pushes Bally’s preliminary Q4 losses to $477m
A significant impairment charge may cause Bally’s losses to rise more than 300% year-on-year to $476.8m (£394.3m/€446.2m) according to its preliminary Q4 results, even as…
Bally’s appoints Gamesys veteran Robeson Reeves as CEO as Fenton steps down
Bally’s has announced that current CEO Lee Fenton is to step down, and named the company’s president of interactive, Robeson Reeves, as his replacement. Incoming…
Online operations boost Mohegan’s Q1
Mohegan CEO Raymond Pineault has hailed the casino operator’s diversification strategy after online gaming and sports betting activities drove an overall increase in net revenues…
Wynn Resorts hopeful of digital profit by late 2023
Wynn Resorts said that its digital business could post a profit by late 2023 after losses for the division were significantly reduced year-on-year during its…
Food and beverage sales improve net income at Red Rock
A fall in asset impairment costs and a sharp rise in food and beverage sales helped Las Vegas-based casino operator Red Rock Resorts to a 10.0%…
Boyd eyes online growth after record revenue and earnings in FY22
Boyd Gaming set out plans to expand its online and sports betting segments to drive further growth in the year ahead after reporting record revenue…
BCLC updated self-exclusion program aims to “reduce stigma”
The British Columbia Lottery Corporation (BCLC) announced a number of updates to its voluntary self-exclusion (VSE) program in an effort to reduce stigma and make…
Pennsylvania approves license for new Bally’s casino
The Pennsylvania Gaming Control Board (PGCB) voted unanimously to award a license to SC Gaming OpCo to construct a new land-based casino in College Township,…
Bill introduced in Hawaii would establish state regulator
Democrats in the Hawaiian legislature have introduced a bill which would establish a state body responsible for both regulating and offering gambling activities. Under the…