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Casino
January 16, 2024
Petersburg’s Casino Referendum Gains Traction with Senate Bill 628 Overhaul
Petersburg is once again placing its bet on a casino referendum, now landing on the legislative floor of the 2024 Virginia General Assembly. This time, the city is armed with influential backers and a revamped Senate Bill 628, seeking to redefine the criteria for the host city. Senators Aird and Lucas Spearhead Key Changes in […]
Casino
January 16, 2024
Three Industry Giants Battle for Control of Caesars Windsor’s Lucrative License
Three formidable contenders are locked in a fierce competition to secure the coveted license for Canada’s Caesars Windsor. The iconic casino, a cornerstone of Windsor’s economy and tourism for the past three decades, is facing an unprecedented challenge as the Ontario Lottery and Gaming Corp (OLG) reviews proposals from industry giants. Caesars Windsor’s License Sparks […]
Casino
January 15, 2024
Lucky Las Vegas Visitors Collect Multiple Jackpots
Aristocrat, the leading global games leader that operates in more than 90 countries across the globe, announced that one lucky traveler at Harry Reid International Airport in Las Vegas, Nevada, hit a million-dollar jackpot on Friday night. The company confirmed that the player, who enjoyed Wild Wild Buffalo hit the game’s jackpot, a staggering $1,031,199.36. […]
Casino
January 15, 2024
Arkansas Supreme Court Denies Rehearing in Legends Resort and Casino Case
The Arkansas Supreme Court has rejected a petition from Legends Resort and Casino and Cherokee Nation Businesses, seeking a rehearing in a case where the court ruled that the Arkansas Racing Commission’s award of the Pope County casino license to the consortium violated Amendment 100 to the Arkansas Constitution. This decision leaves the Commission free […]
Casino
January 15, 2024
Connecticut Casinos Witness Decline in Fiscal 2023 Revenues
Two prominent casinos in Connecticut, Foxwoods Resort Casino and Mohegan Sun, reported a dip in net revenues for the fiscal year ending September 30, 2023. Foxwoods Resort Casino Navigates Challenges in the Era of Online Gaming Beyond the immediate revenue statistics, both Foxwoods and Mohegan Sun have been navigating the online gaming landscape in Connecticut. […]
Casino
January 15, 2024
Culinary Union and Waldorf Astoria Avoid Strike with Five-Year Deal
The Culinary Union has successfully negotiated a new five-year contract with the renowned Waldorf Astoria Las Vegas. Culinary Union Moves Forward with Contract Vote Although specific details of the agreement were not disclosed, sources suggest that nearly 300 hospitality workers at the Waldorf Astoria, located in the Las Vegas City Center, will benefit from the […]
Casino
January 11, 2024
Two Eastern Shawnee Tribe Casinos Experience Data Security Incidents
Two of the Eastern Shawnee Tribe of Oklahoma’s properties, namely the Indigo Sky Casino and Resort and Outpost Casino, have experienced data security incidents in December. In relation to that, the two gambling venues are now notifying customers whose personal data might have been compromised. The issue was first discovered by Indigo Sky, which discovered […]
Casino
January 11, 2024
S&P Warns of Financial Risks for Bidders in New York Casino Permit Race
As the race for New York City casino permits intensifies, potential operators find themselves facing a high-stakes gamble not only for the coveted licenses but also in terms of financial risk. A recent report from financial analysts at S&P Global Ratings suggests that successful bidders may find themselves shouldering substantial debt burdens. Major Players Vie […]
Casino
January 11, 2024
Caesars Entertainment Under Analyst Scrutiny as Ratings Diverge
Caesars Entertainment has become a focal point for stock analysts as differing opinions on the company’s future trajectory emerge. JMP Securities Bullish on Caesars with a $65.00 Price Target JMP Securities initiated coverage on January 9, offering an “outperform” rating and setting a $65.00 price target on the stock, reported financial news media outlet Marketbeat. […]
Casino
January 10, 2024
Norfolk Casino Developer Postpones Blueprint Presentation
In a recent twist for the much-anticipated HeadWaters Resort & Casino project in Norfolk, the Pamunkey Indian Tribe, along with their casino development team, has opted to delay the presentation of their latest plans until January 22. Norfolk Mayor Unaware of Latest Casino Proposal Issues Casino spokesperson Jay Smith stated in an emailed communication that […]
