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Nevada
3rd March 2021
Sands sells Las Vegas empire for $6.25bn
Land-based gaming giant Las Vegas Sands has agreed to sell all of its Las Vegas properties and operations, in order to shift its focus to…
25th February 2021
Nevada sportsbooks enjoy strong start to 2021
Nevada gaming revenue improved month-over-month in January, though lagged behind prior year levels, while the state’s sportsbooks posted strong figures for the month. January revenue…
17th February 2021
Boyd swings to 2020 loss as revenue drops 34.5%
Boyd Gaming Corporation saw revenue decline 34.5% year-on-year in 2020, as the fourth-quarter recovery of regional casinos wasn’t enough to prevent the operator slipping to…
4th February 2021
State of the Union: Penn National Gaming, PointsBet, Google and more
This week’s State of the Union, in partnership with Segev LLP, covers the start of annual results season – with Penn National Gaming and PointsBet…
28th January 2021
Nevada gaming revenue falls to 24-year low in 2020
Nevada gaming revenue declined 34.6% to $7.87bn in 2020, the lowest annual total since 1996, after closures and ongoing property restrictions as a result of…
7th January 2021
State of the Union: MGM-Entain, Michigan, Adelson and more
The first State of the Union of 2021, in partnership with Segev LLP, is headlined by MGM Resorts’ proposal to acquire igaming giant Entain, formerly…
6th January 2021
IGT cashless Resort Wallet solution approved for Nevada roll-out
iGaming solutions giant International Game Technology (IGT) has successfully completed the final stage of Nevada regulatory approval for its Resort Wallet carded cashless module, a…
4th January 2021
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…
25th November 2020
Nevada casinos limited to 25% of capacity
Nevada’s Governor Steve Sisolak has put in place a number of increased restrictions to help slow the spread of the novel coronavirus (Covid-19), including a…
24th November 2020
Nevada sets new betting handle record in October
The latest figures from the Nevada Gaming Commission show the state narrowed its year-on-year decline in gaming revenue to 19.0% in October, while the state’s…
29th October 2020
State of the Union: NV, Penn, NBA and more
This week’s State of the Union, in partnership with Segev LLP, includes financial results from a variety of the US’s major regional casino players –…
28th October 2020
Nevada casinos enjoy strongest month since February
Nevada casino revenue grew 10.5% from August but remained down 22.4% year-on-year, as low margins did not stop the state moving back towards normality following…
21st October 2020
MGM to resume Las Vegas entertainment next month
Casino operator MGM Resorts International has announced that it will resume entertainment events at its properties in Las Vegas, Nevada from November 6. All casinos…
8th October 2020
Boyd to lay off 284 more Las Vegas employees
Boyd Gaming is to permanently lay off 284 employees at two downtown Las Vegas properties, citing a more prolonged than expected impact from the novel…