Business
May 9, 2025
DraftKings’ Revenues Soar, Underpinned by the Jackpocket Acquisition
American sports betting powerhouse DraftKings has announced its Q1 2025 financial results, highlighting an increase in revenue. The company also revised its adjusted EBITDA forecasts from the previous guidance. In the meantime, DraftKings executives remain bullish on prediction markets. The Company’s Revenues Increased, in Part Thanks to Jackpocket In its Q1 report, DraftKings outlined revenue […]
Casino
May 9, 2025
RWLV Names New President Amid Leadership Shake-Up
Resorts World Las Vegas is once again reshuffling its executive leadership. On Thursday, the company confirmed that Alex Dixon, who had been chief executive officer for just under four months, will transition into a new position as senior advisor to the Board of Directors. Stepping into the leadership role is Carlos Castro, who has officially […]
Casino
May 9, 2025
Coney Island Casino Project Moves Ahead with Key Approval
The New York City Planning Commission has given the green light to plans for a large casino and entertainment complex in Coney Island, marking a big step forward. Coney Island Casino Plan Clears City Hurdle, Faces Statewide Licensing Battle The project called The Coney, would take up three blocks along Surf Avenue and include a […]
Casino
May 9, 2025
Atlantic City Casinos Give $572M to State Aid Despite Profit Drop
A new report from Stockton University’s Lloyd D. Levenson Institute of Gaming, Hospitality & Tourism (LIGHT), working with the Casino Association of New Jersey (CANJ), shows that Atlantic City’s casino industry sent a record $572 million to the state’s Casino Revenue Fund in Fiscal Year 2024. These findings highlight how the industry remains crucial to […]
Lottery
May 8, 2025
Public Divided on $3M Slot Win in Mississippi
On some rare occasions, one’s life can change in literally seconds, which is what happened to a gambler who just won over $3 million at a slot machine in Mississippi. Lucky Slot Machine Player Wins Jackpot Announced in a Facebook post, the man played a “Wheel of Fortune” slot machine at Harlow’s Casino & Resort […]
Business
May 8, 2025
PENN Entertainment Shows Resilience in Q1 Report
American casino giant PENN Entertainment has published its financials for the first quarter of the year, reporting an increase in revenue. The company’s adjusted EBITDAR was likewise stronger despite certain headwinds in January and February. The Company’s Financials Were Mostly Favorable Despite Earlier Setbacks The company’s total revenue for the period increased by 4.1% year-on-year […]
Casino
May 8, 2025
Amazon’s Zoox Recalls Self-Driving Fleet After Las Vegas Crash
On Tuesday, Zoox confirmed that it will be recalling 270 of its self-driving vehicles from Las Vegas, Nevada’s streets following an investigation into a car crash between one of the company’s self-driving vehicles and another passenger car that happened on April 8, 2025. Zoox’s Robo Taxi Will Get Another Software Facelift The crash was attributed […]
Lottery
May 8, 2025
Van Buren County Man Grabs $5.46M Lotto 47 Win
What started as a simple, last-minute lottery purchase became a life-changing windfall for a particularly lucky man from Van Buren County, who recently claimed a $5.46 million Lotto 47 jackpot. The 43-year-old, who chose to keep his identity private, bought the ticket at a Speedway gas station on South Westnedge Avenue in Kalamazoo for the […]
Lottery
May 8, 2025
Texas Lottery Faces Shutdown Amid Scrutiny Over Digital Ticket Sales
The Texas Lottery, which generates substantial income for public education and veterans’ programs, might cease to exist as state lawmakers near a key deadline without agreement on its future. If legislators do not act to reauthorize the Texas Lottery Commission by August 31, the agency will shut down, putting billions in yearly funding at risk. […]
Casino
May 8, 2025
Fertitta Maintains Passive Role in Wynn Despite Largest Shareholding
Tilman Fertitta, the billionaire businessman and US Ambassador to Italy, has made it clear that his position as a Wynn Resorts shareholder remains hands-off, at least for the time being. He shared this during a recent Nevada Gaming Control Board (NGCB) meeting where the main attention was on licensing matters for his ex-wife, Paige Fertitta. […]
