Casino

17th January 2022

NJ gambling revenue up 29.1% in December despite sports betting decline

Gambling revenue in New Jersey increased 29.1% year-on-year in December despite the US state seeing an 11.1% decline in sports betting revenue. Total market revenue…

14th January 2022

Century Casinos sells Calgary casino land

North American gaming group Century Casinos has ended its association with Century Casino Calgary after selling the land that houses the casino facility. The Nasdaq-listed…

13th January 2022

Seminoles accuse LVS-backed group of fraud over gaming expansion petition

The Seminole Tribe of Florida has gone on the offensive over a Las Vegas Sands-backed political committee’s push to gather public support for commercial casinos…

6th January 2022

Nevada sets new betting revenue record as handle reaches $1bn again in November

Sports betting revenue in Nevada reached a new record total of $72.0m, while handle exceeded $1bn for the second consecutive month in November, as total…

6th January 2022

MGM Resorts to launch revamped rewards programme

MGM Resorts will launch a reimagined and rebranded loyalty rewards programme on 1 February, which it claims will offer “unprecedented” access and new benefits to…

17th December 2021

NJ sets sports betting revenue record as handle hits $1.29bn in November

New Jersey set a new sports betting revenue record for the second consecutive month in November after players wagered a total of $1.29bn across online…

10th December 2021

Mohegan reveals Q4 revenue growth as earnings hit record high

Mohegan Gaming and Entertainment (MGE) reported growth in revenue and net profit during the fourth quarter of its 2020-21 financial year, while adjusted EBTIDA reached…

9th December 2021

Full House Resorts wins approval to open new Illinois casino

The Illinois Gaming Board has approved a proposal from Full House Resorts to develop and open a new land-based casino property in Waukegan. Full House’s…

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…