Casino
June 28, 2021
Two Men Shot in Las Vegas on Sunday, One of Them Killed
Man Killed at Bar on the Strip A fatal incident occurred at a bar on the Las Vegas Strip on Sunday. The case is seemingly unrelated to the earlier shooting at the Sahara. The incident happened inside PT’s Place at Decatur Boulevard near Charleston Boulevard. The shooting took place at 3 AM and, according to […]
Industry
June 28, 2021
Analysts: RWLV Launch Might Be Sign Genting Plans a US IPO
Resorts World Las Vegas (RWLV) marks the first casino resort in Las Vegas that is owned and operated by a Malaysian company and it is getting off to a good start. It only opened last week, but is already a standard fixture among the high-end properties in Sin City. The company behind the project, Genting […]
Industry
June 28, 2021
Encore Boston Harbor Legal Battle over Property Value Comes to an End
Ever since Encore Boston Harbor casino in Massachusetts opened a few years ago, it has been embroiled in one legal battle after another over the property. However, the Wynn Resorts-owned property has almost always managed to emerge on the winning side of the fight. It has done so one more time, thanks to a judge’s […]
Business
June 25, 2021
Penn National Gaming Projects Q2 Revenue to Stand at $1.5bn
The announcement comes after the operator unveiled the launch of a $400 million private debt offering for general corporate purposes. Penn Announces $400M of Senior Unsecured Notes Penn National Gaming expects revenue for the period April-June 2021 to range between $1.45 billion and $1.55 billion, which corresponds to an 18% increase compared to Q1. The […]
Casino
June 25, 2021
Nevada Gaming Commission Lauds Casino Recovery Efforts
The Las Vegas gambling scene is beginning to experience new signs of life following the global COVID-19 pandemic. Las Vegas Casinos Say They Are Doing Well As They Rebound On Thursday, two Las Vegas casinos told the Nevada Gaming Commission (NGC) that they are doing well after the industry rebound from the pandemic. That’s a […]
Industry
June 25, 2021
Las Vegas Is on Its Way to Economic Recovery, Says New Study
A new study by the UNLV Center for Business and Economic Research suggests that gambling revenue and visitor volume in Las Vegas will increase gradually until the end of this year. According to the study, the positive trend will continue in 2022. Las Vegas Rebound Starts This Year, Says Recent Study Last year, the global […]
Casino
June 25, 2021
Resorts World Las Vegas Set to Usher New Era of Hospitality
The first casino resort built on Las Vegas Strip for more than a decade, Resorts World Las Vegas, opened doors to the public Thursday by a first-look party in the evening for invited guests. Exceptional Amenities The star-studded party officiated by Genting CEO and Chairman K.T. Lim and Resorts World Las Vegas President Scott Sibella, […]
Casino
June 25, 2021
Terre Haute Casino Denied Gaming License by Indiana Gaming Commission
The proposed Lucy Luck Casino in Terre Haute, IN, is facing a bleak future, after the Indiana Gaming Commission (IGC) voted not to renew the gaming license for the company to continue its project in the city. Scheduled to open in 2022, the casino, run by Hard Rock, was tipped to bring more than 1,300 […]
Casino
June 25, 2021
MGM Gets the Green Light to See MGM Springfield Real Estate to Its REIT
Real estate investment trusts (REIT) are good business. They get to assume little risk and, in return, receive huge rewards. They can, in the majority of the cases, be beneficial to the companies with which they work, as well, as these can lower costs associated with maintaining the property. MGM Growth Properties is one of […]
Esports
June 24, 2021
EEG Backs Indian Gaming Esports Association in Building Its Ecosystem
Esports Entertainment Group continues to push with a stronger B2C and B2B offer as it now reaches out to the Indian Gaming Esports Association (iGEA) with a new partnership. EEG to Aid Tribal Nations in Growing Their Esports Esports Entertainment Group (EEG) has signed a new partnership with the Indian Gaming Esports Association (iGEA) and Spectrum Gaming Capital, an […]