Casino
Thor Equities gains support for $3bn Coney Island casino bid in NY
Real estate developer Thor Equities has proposed plans to open a new land-based casino in Coney Island, New York, with backing from Saratoga Casino Holdings,…
Bally’s closes $500m sale leaseback with private equity firm
Bally’s has closed a deal worth up to $500m (£423.3m/€488.1m) with a real estate private equity firm in Chicago, wherein the firm acquired the 30-acre…
New Jersey betting revenue down as challengers struggle in October
Sports betting revenue in New Jersey declined by 7.4% year-on-year to $77.9m, as revenue for its leading brands increased but challengers in the market struggled.…
Pennsylvania online slots revenue hits record high in October
Gambling revenue in Pennsylvania increased 5.7% year-on-year during October, helped by a record performance by the state’s online slots market. Total revenue for the month…
Pennsylvania casino fined for allowing underage gambling
The Pennsylvania Gaming Control Board (PGCB) has fined Parx Casino $10,000 for allowing an 18-year-old to access the casino and gamble at gaming tables. The…
Detroit casino revenue continues to decline in October
The Michigan Gaming Control Board reported a further year-on-year and month-on-month decline in revenue from Detroit’s three land-based commercial casinos in October. Combined revenue for…
AGA: Q3 US gaming revenue hits record $15bn
US gaming revenue reached a record $15.17bn (£13.31bn/ € 15.1bn) in Q3, an all-time quarterly high, according to the American Gaming Association’s (AGA) Commercial Gaming…
Inspired warns of “significant” cost-cutting as Q3 revenue and profit fall
Virtuals and gaming equipment provider Inspired Entertainment is set to cut costs in its leisure division after the business reported $74.9m (£69.6m/€79.2m) in revenue for…
Full House targets Illinois casino launch within next three months
US land-based casino operator Full House Resorts said it plans to open its new casino facility in Illinois within the next three months, while it…
Golden Entertainment revenue down, costs up in Q3
Golden Entertainment’s revenue declined to $279.0m in the third quarter of 2022, even though operating costs increased. Gaming made up the majority of revenue, bringing…
Caesars CEO refuses to rule out digital spin-off
Caesars Entertainment chief executive Tom Reeg said the operator would consider spinning off its digital business if this would help drive further growth and shareholder…
PlayStar launches igaming casino app in New Jersey
PlayStar has announced the launch of its casino app in New Jersey, featuring a customisable “concierge”. The app is available on the App Store and…
Nevada gambling revenue rises to $1.25bn in September
Gambling revenue in Nevada increased 7.8% year-on-year to $1.25bn in September, while the state also reported month-on-month growth. Revenue in September 2022 was higher than…
Caesars to reopen former Isle of Capri Lake Charles under Horseshoe brand
Caesars Entertainment has announced it is to reopen the former Isle of Capri Lake Charles land-based casino in Louisiana under its Horseshoe brand on December…