Casino
Michigan revenue takes a tumble after record-breaking month
Commercial and tribal operators in Michigan generated $195.7m from online and sports betting receipts in April, down by 9.5% compared to March. Online gaming contributed…
Oakland A’s signs deal to build ballpark on Bally’s Tropicana property
Bally’s Corporation and Gaming & Leisure Properties (GLPI) have reached a binding agreement with the Oakland Athletics of Major League Baseball, to site their new…
Century Casinos revenue up 5.3% in Q1
Century Casinos has announced net operating revenue of $108.5m for the first quarter of 2023, 5.2% higher than in the same period in 2022. Erwin…
Bally’s raises earnings guidance after Q1 growth
Bally’s Corporation has increased its full-year adjusted EBITDAR guidance following growth in the first quarter of its 2023 financial year. The operator reported “strong” growth…
Full House posts Q1 net loss as higher costs offset revenue growth
US casino operator Full House Resorts reported a net loss for the first quarter of 2023 after a rise in expenses offset a 21.0% year-on-year…
Higher costs offset revenue growth at Red Rock in Q1
Red Rock Resorts reported an 8.0% increase in revenue for the first quarter of 2023, but a rise in spending led to a short decline…
Digital growth helps Caesars cut net loss in Q1
Caesars Entertainment cut its net loss by 80.0% during the first quarter of 2022 following a 23.5% increase in revenue, driven by growth in Las…
Vici Q1 revenue jumps 110.7% yearly in Q1
Vici Properties has reported revenue of US$877.6m (£704.3m/€801.3m) for the first quarter of 2023, a rise of 110.7% year-on-year. The quarter saw Vici acquire the…
MGM returns to Q1 net profit after revenue rises 35.8%
MGM Resorts International returned to net profit in the first quarter of its 2023 financial year after year-on-year growth across all operating segments pushed revenue…
GLPI posts record revenue in first quarter
Gaming and Leisure Properties Inc. (GLPI) reported record revenue for the first quarter of its 2022 financial year, while the business also experienced a year-on-year…
Majority of gaming executives reserved on future outlook
Industry trade body the American Gaming Association’s (AGA) survey of gaming executives revealed that a majority of those queried are muted on the industry’s future…
Baccarat decline pushes Nevada revenue down 2.2% in March
Gambling revenue in Nevada fell 2.2% year-on-year in March, primarily due to a 51.0% drop in baccarat revenue during the month. Total market revenue in…
Online growth drives revenue up at Boyd Gaming in Q1
Boyd Gaming said growth within its igaming operations helped push revenue up year-on-year during the first quarter of 2023, despite its land-based business experiencing a…
Pennsylvania gambling revenue exceeds $500m for the first time in March
Pennsylvania set a new record in March after monthly gambling revenue surpassed $500.0m for the first time, while igaming revenue also reached an all-time high.…