Casino

6th December 2021

Michigan regulator warns against black market after nonpayment complaints

The Michigan Gaming Control Board (MGCB) has warned bettors of the dangers of betting on unlicensed platforms after it received complaints regarding nonpayment of winnings.…

30th November 2021

Nevada smashes handle record with $1.10bn staked in October

Nevada set a new monthly record for sports betting handle in October, as total gaming revenue across the state grew 48.5% to $1.22bn. The state’s…

23rd November 2021

Penn National to open Hollywood Casino Morgantown on December 22

Penn National Gaming will open its new Hollywood Casino Morgantown in Pennsylvania on December 22, pending final regulatory approvals. The Category 4 casino will be…

19th November 2021

Churchill Downs wins tender for Indiana casino development

Churchill Downs Incorporated’s (CDI) proposal to develop and operate a new land-based casino in the state has been selected in a tender process by the…

18th November 2021

State of the Union: New Jersey, Sportradar, DraftKings and more

This week’s State of the Union, in partnership with Segev LLP, includes some strong financial performances in the third quarter for companies and states alike,…

18th November 2021

New Jersey smashes betting handle record with $1.30bn in October

Sports betting revenue hit an all-time high in New Jersey during October as players spent a record $1.30bn wagering on sports, while online casino revenue…

17th November 2021

Pennsylvania gaming revenue reaches record high in October

Pennsylvania operators enjoyed a record breaking month in October, with total market revenue jumping 33.0% year-on-year to with $425.9m. Parx Casino led the way in…

17th November 2021

New York gaming revenue grows but betting revenue down in October

The New York Gaming Commission has recorded gaming revenue figures of $60.4m for October, representing a 54.1% increase on the same time last year.  October’s…

11th November 2021

PA Gaming Control Board issues $150,000 in fines to three operators

Today, the Pennsylvania Gaming Control Board approved consent agreements between the PGCB's Office of Enforcement Counsel and three casino operators, resulting in a total of…

11th November 2021

Hard Rock opens temporary land-based casino in Illinois

Hard Rock International has announced the opening of a temporary land-based casino in Rockford, Illinois, ahead of it launching a permanent facility in the state.…

10th November 2021

Wynn revenue up 168.4% in Q3 as CEO Maddox steps down

Wynn Resorts CEO Matt Maddox will leave his position effective January 31 2022, a decision announced alongside the business reporting revenue of $994.6m in Q3…

9th November 2021

Full House sees net profit decline despite revenue growth in Q3

Full House Resorts reported a 12.6% year-on-year increase in revenue for the third quarter of its 2021 financial year, but the land-based casino operator also…

5th November 2021

Distributed gaming helps Golden Entertainment revenue grow 37.5% in Q3

Golden Entertainment has reported revenue of $282.4m (£209.6m/€245.0) in its third quarter 2021 results, covering the period ended September 30. This was a rise of…

5th November 2021

MGM Growth Properties’ profits decline ahead of acquisition by VICI

Real estate investment trust MGM Growth Properties’ (MGP) revenue remained exactly stable at $194.3m in Q3, while profits dipped, ahead of its $17.2bn sale to…