Casino

4th January 2021

MGM confirms Entain merger proposal but “no certainty” of firm offer

Land-based giant MGM Resorts International has confirmed that it has put forward an offer to acquire igaming operator Entain, formerly known as GVC Holdings, but…

4th January 2021

Felicia Hendrix to step into Penn National CFO role

Casino operator Penn National Gaming announced that executive vice president and chief financial officer David Williams stepped down from his role as of December 31,…

4th January 2021

NV gaming revenue slips to $771.2m despite record sportsbook contribution

Nevada gaming revenue reversed its trend of recovery in November 2020, declining 6.3% month-on-month to $771.2m on stakes of $9.42bn, while the state set a…

4th January 2021

Penn National opens Barstool sportsbooks in Indiana & Michigan

Casino operator Penn National Gaming (PNG) has opened three Barstool-branded sportsbooks, at the Hollywood Casino Lawrenceburg and Ameristar East Chicago Casino & Hotel in Indiana,…

4th January 2021

Caesars to divest southern Indiana property to tribal operator

Caesars Entertainment has agreed to sell the operations of its Caesars Southern Indiana casino to the Eastern Band of Cherokee Indians, as well as completing…

4th January 2021

Entain reveals talks with MGM Resorts over potential mega-merger

Entain, the igaming giant formerly known as GVC Holdings, has confirmed that its US joint venture partner MGM Resorts International has put forward a proposal…

1st January 2021

New Jersey iGaming Dashboard – December 2020

New Jersey’s sports betting market stole the limelight from casino in November, with handle smashing its previous record by some distance. iGaming Business and Ficom…

18th December 2020

PA sets new sports and igaming revenue records in November

Pennsylvania broke its sports betting and online gambling revenue records in November, though declining land-based revenue led to a year-on-year drop in the state’s monthly…

17th December 2020

State of the Union: Michigan, Hard Rock, New Jersey and more

This week’s State of the Union, in partnership with Segev LLP, includes Michigan’s first online gaming licenses, Hard Rock’s new online gaming joint venture and…

15th December 2020

Penn National enters Maryland through Hollywood Casino deal

Penn National Gaming is to enter the Maryland market ahead of the introduction of legal sports betting in the state after agreeing a deal to…

15th December 2020

dMY shareholders to vote on Rush Street merger on 29 December

Special purpose acquisition company (SPAC) dMY Technology Group will hold a shareholder meeting on 29 December in order to approve its proposed reverse merger with…

14th December 2020

US tribal gaming revenue reaches record $34.6bn in FY2019

Gross gambling revenue from tribal casinos increased 2.5% year-on-year in the 2019 financial year to a record $34.6bn, according to new figures published by the…

11th December 2020

Covid-19 measures force Pennsylvania casinos to close until January 4

Pennsylvania Governor Tom Wolf has ordered all casinos in the US state to close until at least January 4 as part of new novel coronavirus…

10th December 2020

State of the Union: Recovery, Indiana, Flutter and more

This week’s State of the Union, in partnership with Segev LLP, includes the latest results from the US commercial gaming sector as a whole, as…