Casino

11th February 2021

Detroit casino revenue down 24.3% in January

Revenue from Detroit’s three commercial casinos declined 24.3% year-on-year in January as the facilities continued to face capacity limits due to the ongoing novel coronavirus…

10th February 2021

Red Rock sees losses widen after Covid-19 hit in 2020

Casino operator Red Rock Resorts saw revenue fall 36.3% year-on-year in 2020, and its net loss widen, due to the 79-day statewide shutdown and subsequent…

8th February 2021

Wynn to raise $630.6m through new share sale

Wynn Resorts expects to raise around $630.6m as it launches an underwritten public offering of 5.5m shares of its common stock, with an option to…

5th February 2021

Wynn posts $2.07bn net loss as Covid-19 takes its toll in 2020

Wynn Resorts International has posted a $2.07bn net loss for its 2020 financial year after the enforced closure of its casino properties due to the…

4th February 2021

Penn National posts $669.5m loss as Covid-19 drives revenue drop in 2020

Penn National Gaming (PNG) has reported a $669.5m net loss for 2020, primarily due to a sharp decline in revenue caused by the novel coronavirus…

2nd February 2021

PlayStar partners Ocean Resort for NJ market access

Online casino start-up PlayStar Gaming is preparing to launch in New Jersey’s igaming market, after sealing a market access deal with Atlantic City’s Ocean Casino…

1st February 2021

Golden Nugget parent to go public through SPAC combination 

Fertitta Entertainment, the parent company of Golden Nugget operator Landry’s, is to list its shares on the New York Stock Exchange through a merger with…

29th January 2021

Sands exploring igaming opportunities, Goldstein reveals

Las Vegas Sands’ new chief executive Robert Goldstein has revealed that the operator is exploring “a few opportunities” to expand into online gambling.  In the…

ICE North America Webinar Series – The Road Back

With American casinos beginning to reopen, questions still remain about the roadmap to long-term recovery. The Road Back four-part webinar series will examine measures and best practices to guide land-based operators and suppliers, as you work with your customers, your teams and your partners to provide a safe betting and gaming experience in the 'new normal' environment.

Register Now!
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…

28th January 2021

Lawmakers introduce bills to bring lottery and casinos to Hawaii

Hawaii, one of just two states that does not permit any form of legal gambling, may soon allow its first games of chance. Legislators in…

28th January 2021

State of the Union: Las Vegas Sands, Monkey Knife Fight, NY and more

This week’s State of the Union, in partnership with Segev LLP, includes Las Vegas Sands’ announcement of its new permanent chief executive following Sheldon Adelson’s…

28th January 2021

Spectrum study projects NY mobile betting revenue of up to $1.14bn

Spectrum Gaming Group’s long-awaited study on gaming expansion in New York suggests widespread mobile sports betting could see the state generate annual revenue of between…

28th January 2021

Covid impact leads Las Vegas Sands to $2.18bn loss in 2020

Las Vegas Sands made a loss of more than $2bn with revenue falling 73.7% to $3.61bn for 2020, as new chief executive Robert Goldstein announced…

27th January 2021

Las Vegas Sands appoints Robert Goldstein as new CEO

Long-serving executive Robert Goldstein will serve as Las Vegas Sands’ chairman and chief executive officer following the passing of the casino giant’s founder Sheldon Adelson. …

iGB North America Magazine Issue 47

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