Casino
Caesars and MGM return to full capacity as Las Vegas Covid-19 measures eased
Caesars Entertainment and MGM Resorts International have become the latest operators to secure approval to return to full capacity at their land-based casinos in Las…
Detroit casino revenue reaches $109m in April
The three land-based casinos in Detroit, Michigan generated $109.0m in revenue in April, with $1.5m of this coming from sports betting. Year-on-year comparisons were not…
“Structural changes” lead to revenue growth at Full House in Q1
Full House Resorts put a 36.8% year-on-year increase in Q1 revenue year down to structural changes within the business, while the land-based casino operator was…
Lottery and digital offset low machine sales as SG cuts Q1 losses
Gambling technology giant Scientific Games saw revenue grow and losses decline in the first quarter of 2021. Growth in its lottery, digital and social gaming segments…
Ohio bill would legalize sports betting
A bill to legalize sports betting – allowing 20 land-based and 20 online licenses plus an offering from the lottery – has officially been introduced…
AGS reduces losses after cutting costs in first quarter
Gaming technology supplier AGS posted a narrower net loss of $8.6m in the first quarter of its financial year after reducing operating costs and other…
State of the Union: Better Collective, Nevada, Catena and more
This week’s State of the Union, in partnership with Segev LLP, includes two huge affiliate deals, financial results from Caesars Entertainment, and efforts in Nevada…
Penn National revenue grows to $1.27bn in Q1 as online GGR rockets
Land-based and online operator Penn National Gaming has published its results for the three months to 31 March 2021, showing that it generated $1.27bn in…
Nevada regulator considers expanding igaming offering beyond poker
The Nevada Gaming Control Board has invited the state’s public to provide input on proposed amendments to its regulations that would allow operators to offer…
Red Rock agrees $650m Palms Casino sale to San Manuel Band of Mission Indians
Red Rock Resorts (Red Rock) has announced an agreement with its subsidiary Station Casinos LLC and a subsidiary of the San Manuel Band of Mission…
Suquamish Tribe agrees sports betting deal in amended Washington compact
The Washington State Gambling Commission and the Suquamish Tribe have reached an agreement allowing sports wagering to be added to its Class III gaming compact,…
Casinos emerge from the Covid-19 storm
Nevada’s casinos are preparing to increase capacity to 80% from 1 May, and may soon be welcoming pre-pandemic numbers of patrons by the start of…
State of the Union: Florida, Canada, MGM and more
This week’s State of the Union, in partnership with Segev LLP, includes a new gaming compact in Florida that would allow for sports betting, as…
MGM posts $247m Q1 loss as Vegas casinos continue to struggle
MGM Resorts International said consumer demand strengthened in the opening months of 2021 despite posting a Q1 operating loss of $246.7m (£177m/€204m). In its financial…