Casino
Pennsylvania regulator issues $280,825 in fines to two casinos
The Pennsylvania Gaming Control Board (PGCB) has issued $280,825 worth of fines to two land-based casino operators having deemed they breached state laws. Mount Airy…
New Jersey gambling revenue reaches $470.7m in August as betting margins improve
Gambling revenue in the US state of New Jersey increased 10.1% year-on-year to $470.7m in August following growth across all market sectors, despite a decline…
That’s Entertainment: Penn National Race Course at 50
Penn National Race Course celebrated its 50th year this year, a year in which its parent company rebranded from Penn National Gaming to Penn Entertainment.…
July Nevada revenue gaming total dips year-on-year to $1.32bn
July gaming revenue in Nevada reached $1.32bn, a 3.2% decline year-on-year, while sports betting revenue in the state plummeted amid a weaker sporting calendar. The…
Vici and Century strike deal to acquire Maryland’s Rocky Gap Casino
Casino real estate investment trust Vici Properties has agreed a deal to acquire Rocky Gap Casino Resort in Maryland from Golden Entertainment, while Century Casinos…
Revenue at Hard Rock’s new Virginia casino hits $11.7m in debut month
Hard Rock International’s new land-based casino in the US state of Virginia posted $11.7m in adjusted gross revenue (AGR) during its first month of operation.…
Pennsylvania gambling revenue edges up in July despite land-based declines
Gambling revenue in Pennsylvania increased by 1.3% year-on-year in July despite declines across several areas within the US state’s land-based market. Total revenue for the…
New Jersey sports betting continues to struggle in July
Gambling revenue increased 6.7% year-on-year in New Jersey during July despite a further decline in the US state’s sports betting market. Total revenue for the…
King Billy set to enter regulated Ontario market with GiG deal
Kings Media Ltd, which operates the King Billy brand, will enter the Ontario market through a deal with Gaming Innovation Group (GiG). Under the deal,…
US commercial gaming revenue reaches record $14.81bn in Q2
Commercial gaming revenue in the US amounted to $14.81bn during the second quarter, a new record for the industry, according to the American Gaming Association…
Caesars partners Eastern Band of Cherokee Indians for new Virginia casino
Caesars Entertainment has announced the Eastern Band of Cherokee Indians (EBCI) as a joint venture partner for its new land-based casino development project in Virginia.…
Michigan regulator votes to extend Detroit casino licenses
The Michigan Gaming Control Board has voted to renew the licenses of all three commercial casinos in the state. MGM Grand, MotorCity Casino and Hollywood…
Slots M&A the right way
The world of gambling has been dominated by mergers and acquisitions in recent years, with slots studios especially liable to be snapped up. Cole Rush…
Bally’s revises full-year projections downwards after H1 results
Bally’s revised both its revenue and earnings projections downwards following its Q2 results, in which the acquisition of Gamesys among other businesses helped boost revenue…