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Industry
July 19, 2024
Nassau County Residents Rally Against Las Vegas Sands Casino
On Thursday, Nassau County residents and community leaders gathered in protest against plans to establish the second-largest casino in the United States within their community. This rally comes on the heels of the unanimous vote by the Nassau Planning Commission to transfer control of the Nassau Coliseum to Las Vegas Sands, marking a vital step […]
Casino
July 19, 2024
Seminole Hard Rock Hollywood Surpasses $1bn in 2024 Jackpots
Seminole Hard Rock Hotel & Casino Hollywood, a leading gaming and entertainment resort owned by the Seminole Tribe of Florida, once again surpassed $1 billion in awarded jackpots. 2024 marks the fourth consecutive year the casino surpasses $1 billion in jackpots and the latest achievement comes after recently a loyalty member secured a jackpot of […]
Casino
July 19, 2024
Reported Threat at the Borgata Results in Increased Police Presence
A large number of police officers and vehicles gathered at the Borgata Hotel Casino & Spa Thursday afternoon after an anonymous threat. Just before 4 PM, the Atlantic City Police Department (ACPD) received a call from an anonymous male who claimed to be a guest at the luxury hotel and casino and was in possession […]
Industry
July 19, 2024
Casino Sector Underperforms Despite Solid Fundamentals, Analyst Warns
Barry Jonas, an analyst at Truist Securities, is worried that the casino sector has been underperforming. He cited strong gaming fundamentals but said investors are growing increasingly concerned about a potential consumer pullback. Las Vegas Strip Shows Surprising Strength Amid Investor Worries In a note to investors, Jonas dismissed concerns about record heat in Las […]
Industry
July 19, 2024
Massachusetts Communities Benefit from $18M in Gaming Commission Grants
The Massachusetts Gaming Commission (MGC) has just awarded over $18 million worth of grants from the Community Mitigation Fund (CMF) all throughout several municipalities and eligible entities in the state. This funding, which is for fiscal year 2025, aims to offset any negative effects that may come with running a casino as well as improve […]
Casino
July 18, 2024
Yaamava’ Resort & Casino Hands $1.5M Jackpot to Riverside Player
Yaamava’ Resort & Casino, a tribal gambling property in San Manuel, announced that it has handed a $1.5 million jackpot to a lucky visitor. The historic jackpot was hit on July 4, presenting the player with an amazing Independence Day gift. The guest, according to the casino, won $1,517,211 playing the Fortune Pai Gow game. […]
Business
July 18, 2024
Evoke Behind Plan as Revenue Stumbles
Evoke, the recently rebranded company emerging from 888 Holdings, has reported a slower-than-expected second quarter of the year. In its Q2 2024 update, the company acknowledged that it was what it called “behind plan” on its revenue growth projections, prompting renewed soul-searching among the company’s top brass. Evoke Still Finding Its Footing in Post-888 Era […]
Casino
July 18, 2024
Wildhorse Resort & Casino Cleared of COVID-19 Scare Reopens
The Wildhorse Resort & Casino in Pendleton has been cleared to reopen after an initial scare that a staffer had fallen sick of COVID-19 was put to rest. The casino reopened on Wednesday afternoon and has undergone a careful inspection process from public health officials which cleared the property to continue doing business as usual. […]
Business
July 18, 2024
SharpLink NASDAQ Listing Threatened by Compliance Strikeout
In an update provided by SharpLink, a leading sports betting affiliate company, the firm informed that it has received a noncompliance notice from NASDAQ, citing an issue with Listing Rule 5550(a)(2) which demands companies to maintain a minimum bid price of $1 per share. SharpLink Braces for Recovery of NASDAQ Compliance SharpLink’s trading price stood […]
Casino
July 18, 2024
Las Vegas Sands’ Stock Takes Hits as Donald Trump’s Reelection Odds Shorten
Las Vegas Sands is in a strange position. The business founded by the late Sheldon Adelson, a staunch Republican supporter, has not deviated from its pro-GOP line under the control of Miriam Adelson, Mr. Adelson’s wife. LVS’ Stock Experiences the Jitters as Trump’s Chances Grow Steadily Yet, as the polls continue to steadily increase in […]
