Nevada
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…
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…
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…
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…
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…
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 –…
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…
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…
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…
Caesars offloads Harrah’s Reno to CAI Investments for $41.5m
Caesars Entertainment has completed the sale of its Harrah’s Reno Hotel and Casino property in Nevada to an affiliate of real estate development business CAI…
State of the Union: William Hill, 5Dimes, Nevada and more
This week’s State of the Union, in partnership with Segev LLP, covers Caesars Entertainment’s agreement to purchase British betting operator William Hill, Costa Rica-based sportsbook…
Nevada casino revenue declines to $743.0m in August
Nevada casino revenue declined 1.7% month-on-month and 21.9% year-on-year to $743.0m in August, as low margins and the novel coronavirus (Covid-19) combined to keep revenue…
Nevada’s Nugget Casino Resort lays off 154 staff
Marnell Gaming-owned Nugget Casino Resort in Reno, Nevada, has announced that it is to permanently lay off 154 of its employees. The staff, which currently…
Las Vegas bars permitted to reopen after two months’ closure
Bars in Las Vegas – including those in casinos – were permitted to reopen on Sunday (20 September) after being forced to close due to…