iGaming Business
South China Morning Post
Casino operator Wynn Resorts beats fourth-quarter profit estimates on improved Las Vegas, Macau performance
Wynn Resorts, the controlling shareholder of Wynn Macau, beat fourth-quarter profit estimates on stronger gaming, luxury retail and hotel bookings at its Macau and Las Vegas properties.
The company posted adjusted profit of US$1.91 per share, exceeding analysts' estimates of US$1.15, according to LSEG Data & Analytics. Operating revenue came in at…
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Belfast Telegraph
Vegas Inc
UAE creates federal authority for 'commercial gaming' as casino giants flock to nation
Monday, Sept. 4, 2023 | 10:38 a.m.
DUBAI, United Arab Emirates - The United Arab Emirates has created a federal authority to potentially run a national lottery and what it describes as "commercial gaming," likely a sign that it is on the verge of allowing gambling as major casino operators flock to the Gulf Arab nation.
The state-run WAM news…
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ABC News
UAE creates federal authority for 'commercial gaming' as casino giants flock to Gulf Arab nation
DUBAI, United Arab Emirates -- The United Arab Emirates has created a federal authority to potentially run a national lottery and what it describes as "commercial gaming," likely a sign that it is on the verge of allowing gambling as major casino operators flock to the Gulf Arab nation.
The state-run WAM news agency carried an announcement late…
sheridanmedia.com
History: Gambling in Sheridan County’s Early Days
Gambling and gamblers were as much a part of the Old West as were cowboys. Professional gamblers frequented the saloons, the riverboats, and the trains, looking for honest or dishonest games, as long as there was a good chance of them winning.
There were gamblers on the local passenger trains that ran through Sheridan, as seen in this story from…
The Motley Fool
Better Buy: Wynn Resorts or Las Vegas Sands Stock?
The gaming and resort industry continues to recover from the pandemic, and one of the biggest gaming markets in the world reopened earlier this year: Macao, China. With Macao back in action, casino operators there stand to benefit from pent-up demand -- as do
casino stock
investors.
Here, I'll compare two American casino companies with properties…
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Wales 247
The Impact of Online Gambling On the American Gaming Industry
The amount of money made from gambling has gone up 14% since last year. People can now gamble online and watch real people deal cards or spin a wheel for them. This is called "live dealing". Playtech opened a studio near Detroit so people can use their phones to feel like they are in a real casino.
It made over $60 billion, which was 14% more than…
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thegarnettereport.com
Is WynnBet a legitimate online casino?
With so many online casino offers, some of them are possibly scams or they do not give enough payouts to compensate for your time and money invested. So, what about WynnBet?
Is WynnBET casino legit?
The short answer is yes, WynnBet Casino is a legitimate online casino operated by Wynn Interactive, a subsidiary of Wynn Resorts. Wynn Resorts is a…
KTVQ
Montanans hitting slots, sending gaming industry to record revenue
BILLINGS - Montana is seeing a rising interest in gambling, according to new numbers coming from the American Gaming Association.
The organization tallied up about $60 billion in revenue for the commercial gaming sector statewide in 2022, surpassing the previous record of $53 billion set in 2021.
Those numbers aren't too surprising for Josh Benson,…
Business Post
What UAE's First Casino Will Mean For The Region
Dubai's best escape from the city is the fourth largest emirate itself, the opulent Ras Al-Khaimah. There is plenty for everyone to enjoy and experience, from premium wellness centers and adrenaline sports facilities to the national museum that preserves the country's 7000-year-long rich history.
Notwithstanding being a delightful home with many…
Asgam
Collapse of VIP market drives Wynn Macau Ltd to widened US$181 million operating loss in 4Q22
Wynn Resorts Ltd has reported a US$181.3 million loss from its Macau operations in the three months to 31 December 2022, widened from both the US$128.2 million loss reported in 4Q21 and the US$162.7 million loss in 3Q22.
The challenging result, which predated the recent reopening of Macau's borders, was attributable to both the challenging…
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European Gaming
Dubai Authorities: The Emirate Won’t Legalize Gambling
Unfortunately for all gambling lovers, Dubai senior tourism official Issam Kazim stated that legalizing gambling in Dubai isn't something the Emirate has in its foreseeing plans. This statement follows after months of speculations in the public that the United Arab Emirates would be considering opening up to gambling to compete against Saudi…
Review Journal
Wynn Resorts partners with New York land developer Related Companies on casino resort license
Wynn Resorts Ltd. is partnering with a New York real estate company to pursue one of three new downstate casino licenses in a Manhattan neighborhood.
Related Cos. and Wynn announced the agreement Thursday to develop a casino, resort and entertainment area near the Javits Center on the western side of the Hudson Yards, near the Hudson River. The…
World Casino News
Six Macau casino operators receive official gaming licenses from the Macau government
Today, six incumbent casino operators in Macau
signed
a productive 10-year gaming contracts with the
Macau
government and received gaming licenses to operate in the world's largest gambling city.
Signing by rank:
Six casino operators signed the contract according to their rank in the recent tender process:
MGM Grand Paradise,
Galaxy…
News-Daily
Las Vegas Strip Leader Sells Key Casino
Regional gaming got a shakeup this week, with a big Las Vegas player selling a key property on the East Coast.
Liquidity is the name of the game in the current economic environment, and Wynn Resorts (WYNN) -
Get Free Report
is being proactive with its properties.
The Las Vegas-based casino operator
announced the completion
of a planned sale of land…
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The Nevada Independent
Indy Gaming: Research gives AGA ammunition in fight with illegal gambling operations
Good morning, and welcome to the Indy Gaming newsletter, a weekly look at gaming matters nationally and internationally and how the events tie back to Nevada.
If a colleague or associate emailed this newsletter to you, please
to sign up and receive your own copy of Indy Gaming in your inbox. - Howard Stutz
American Gaming Association CEO Bill…
Yogonet
Wynn Resorts' UAE casino to be "larger than Wynn Las Vegas"
Hotel and casino operator
Wynn Resorts's Chief
Executive Craig Scott Billings
confirmed the group will
open a casino at the luxury resort it is building in the United Arab Emirates (UAE),
a first for the Gulf Arab region, where gambling has long been off-limits.
The casino,
first announced in January, will be located on a man-made island off the…
European Gaming
Wynn Marjan Confirmed As First Casino Resort In UAE
Wynn Resorts, one of the world's largest high-end hotel developers and operators, has issued an official statement confirming that their upcoming resort in Ras Al Khaimah, located in the United Arab Emirates, will contain a gambling establishment.
The Chief Executive Officer of Wynn Resorts, Craig Billings, stated that the casino at the new…
Luxury Lifestyle Magazine
The rise of Sin City: How Vegas became a luxurious high-roller’s paradise
The gambling metropolis of
Las Vegas
is one of the most popular destinations in the world for high-rollers, and a playground for the rich and famous. Home to a plethora of extravagant luxury hotels, high-end casinos and a vibrant entertainment scene, it has often featured in Hollywood blockbusters thanks to its iconic haunts and endless supply of…
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The Street
Forget Covid, the Las Vegas Strip Faces a Growing Health Crisis
On March 17, 2020, a mandate to close all non-essential businesses in Nevada was handed down by Gov. Steve Sisolak. The coronavirus scare had become a reality and the magnitude of the moment was only beginning to settle in.
It was the first time in more than 50 years that all the state's casinos were shut down. It hadn't happened since the 1963…
iNtergame
Wynn’s UAE casino set for 2026
Wynn Resorts was granted permission to build a resort "with gaming," although "gambling" was not specifically mentioned, in January. This week, however, Wynn CEO Craig Billings confirmed the casino. For many years, casinos have not been permitted in the Gulf Arab region.
Billings said that the casino, which for some time would be operating on its…
Alarabiya News
Wynn Resorts to open Gulf Arab region’s first casino in UAE’s Ras Al Khaimah
Hotel and casino operator Wynn Resorts will open a casino at the luxury resort it is building in the United Arab Emirates (UAE), Chief Executive Craig Scott Billings said, a first for the Gulf Arab region, where gambling has long been off-limits.
The casino would mark a watershed moment for the Gulf, a region that has traditionally imposed stricter…
World Casino News
Wynn Resorts in United Arab Emirates building new resort and casino
Wynn Resorts, a popular hotel and casino operator, is
expanding to the
United Arab Emirates.
Craig Scott Billings,
the company's Chief Executive, confirmed that the casino would be placed at the luxury resort in the building in the
Gulf Arab region.
What is interesting is the fact that in this region, gambling was
prohibited
for a long time.…
whatson.ae
Wynn Resort Ras Al Khaimah plans "a bigger casino" than original in Las Vegas
Wynn Resorts have unveiled more details for the brand's upcoming Ras Al Khaimah resort, which will include a casino, according to a recent release.
First announced back in January, Wynn Marjan will be the brand's first property the Middle East and will open in 2026. At the time of announcement, it was revealed that the multi-billion dollar resort -…
Vegas Slots Online
Wynn Resorts to Develop the First-Ever Casino in the UAE
It looks like casino gambling is coming to the UAE, as a Wynn Resorts project is on the horizon. [Image: Shutterstock.com]
The United Arab Emirates (UAE) appears to be close to getting its very first casino. Details of the plan were revealed this week, with Wynn Resorts to lead the project. The company's first-ever beach resort, the casino is…
Trip Pub
Caesars bid for a Times Square casino rattles Broadway
Gambling giant Caesars bid for a casino in Times Square is sparking strong opposition from Broadway.
As news of the idea for a Caesars Palace Times Square was announced, the Broadway League jumped into the debate, saying they don't see a gambling mecca as a good fit alongside the dramas and musicals that draw tourists to New York.
"The addition of…
Review Journal
Gaming industry CEOs wary of future issues while celebrating Las Vegas success
Two prominent casino company CEOs said Tuesday they're happy that Southern Nevada is pacing a record industry rebound, but they remain wary of economic uncertainties that could put a dent in the future.
Derek Stevens, owner of downtown Las Vegas' Circa, and Craig Billings, the newest person to hold the position of CEO of Wynn Resorts Ltd., kicked…
Vegas Inc
Safety, security remain top priorities, Las Vegas resort executives say at conference
Circa casino owner Derek Stevens, left, and Wynn Resorts CEO Craig Billings participate in a panel discussion with gaming executives at Global Gaming Expo (G2E) in the Venetian Expo Tuesday, Oct. 11, 2022.
Wednesday, Oct. 12, 2022 | 2 a.m.
Despite some high-profile crimes, including a mass stabbing last week, "it's hard to find a safer location…
Yogonet
G2E is back in Las Vegas with a stacked lineup of exhibitors and the ambition to return to its pre-pandemic days
The wait is finally over:
Global Gaming Expo
(G2E) is back in Las Vegas, taking place this week at the Venetian Expo Center (October 10-13). The major gambling industry event is set to see companies from all over the world showcase the latest
in land-based gambling and iGaming technologies and developments, in addition to a diverse lineup of…
Review Journal
Global Gaming Expo returns to Las Vegas with supermarket of new casino toys, ideas
The casino industry's top movers and shakers pour into Las Vegas this week to be dazzled by the latest gaming technology and to strategize on keeping strong the industry that has nurtured the city into an economic powerhouse.
The four-day Global Gaming Expo opens Monday at The Venetian Expo with a series of educational sessions, and the trade show…
Vegas Inc
$52 million in upgrades slated for Las Vegas Academy’s campus
Las Vegas Academy of the Arts, which includes the original, historic Las Vegas High School (circa 1930), is going to get a major renovation, some buildings coming down, others going up. Wednesday, September 14, 2022.
Sunday, Sept. 18, 2022 | 2 a.m.
The oldest and most iconic public school campus in Clark County is gearing up for a $52 million,…
Vegas Slots Online
Wynn, Related Bid for New Casino in Midtown Manhattan
Two giants of contrasting industries are teaming up to bid for a new Las Vegas-style casino in New York City at a location previously considered for new Jets and Yankees stadiums.
bidding for a casino license in Midtown Manhattan
On Thursday, New York-based real estate developer the Related Companies and Wynn Resorts revealed they are bidding for a…
The Kingston Whig Standard
Best US and UK casino shares
Fancy buying into the cash and the glamour of the casino sector? Many of the major casino chains and resorts in the US - and some in the UK - are listed companies. As well as casinos, many of them, including US companies like MGM, and Caesar's Entertainment, own and run substantial hotels and resorts, where the casinos are situated.
Like most of…
Review Journal
Macao casino relicensing occurring as region recovers from shutodown of properties
Macao, the most lucrative casino gaming market in the world since 2006, is taking a page from an old Strip playbook.
Remember those efforts to draw families to Las Vegas in the 1990s? Casino companies across the valley built thrill rides, roller coasters and Strip-front entertainment to attract audiences to their resorts.
That's what's in store for…
The Street
Las Vegas Casinos Should See Bump From Macau Reopening
Macau has been in dire straits for more than the past week.
Earlier this month, the Chinese government announced that it would close all casinos in Macau starting July 11 as the region battles a
covid-19 outbreak
that infected nearly 1500 people over a three week period in the city of 680000.
During previous outbreaks, the Chinese government had…
Gambling News
Wynn's $2B UAE Casino Resort Offers 'Brand Extension'
A
$2 billion
integrated casino resort in the
United Arab Emirates
(UAE) is one of the key priorities for
Wynn Resorts
as the company seeks to extend its brand worldwide according to Wynn Resorts CEO
Craig Billings.
Billings, who is now over six months into the position of chief executive officer at the casino resort operator, also discussed company…
The Street
New Las Vegas Strip Casino Property Owner Looks to Dubai
Anything can happen on the Las Vegas Strip. That goes for what tourists might do in a place that for years told people that any sins they commit in Sin City "stay in Vegas," but it also goes for the actual properties on the famed stretch of land.
MGM Resorts International (MGM) -
Get MGM Resorts International Report, for example, owns an Egyptian…
The Street
Wynn Has to Spend a Lot of Money to Stay Relevant in Las Vegas
Different locales call for different strategies in the casino business.
When Macau was the buzzing international growth market as recently as 2019, most American casinos sold investors on their plans to expand in China.
But a couple of years of pandemic lockdowns, and
uncertainty about gambling licenses
amid a crackdown on corruption in the…
Gaming Intelligence
ZEAL set to launch online slots as lottery revenue growth stalls
German online lottery provider ZEAL has announced plans to add online slots to its offering as revenue from its existing lottery business fell by 4 per cent to €83.3m in 2021.
The company attributed the lower revenue to the negative impact of weak jackpots during the year.
Billings increased by 1 per cent to €656.5m during the year, despite the…
Review Journal
Optimism high among casino execs during Las Vegas investor forum
Nevada-based casino companies are poised for a strong 2022, judging by the upbeat comments from executives during an investment forum this week at Wynn Las Vegas.
Casino executives said business is approaching or surpassing pre-COVID-19 levels, many companies are showing favorable group business calendars and leisure visitors continue to crowd…
NewsTalk 95.5
Montana Ranks in the Top Five Gambling-Addicted States
There's no doubt you've seen the many casinos that line the streets here in Billings, and it's highlighted a very serious problem issue of gambling addiction. I personally have seen people go through it and it never comes out good, but I wanted to know where Montana in general ranks in terms of the severity of gambling addiction. Bad news everyone,…
The Street
Overlooked Section of the Iconic Las Vegas Strip Gets a New Life
When you think of the Las Vegas Strip, you generally think of the south Strip, which counts Planet Hollywood, Aria, Mandalay Bay, and Luxor among its many properties as well as the famous "Welcome to Las Vegas" sign, or the mid-Strip which contains the Venetian, Mirage, Harrah's Caesars Palace, Pairs, and Bellagio among other properties.
These two…
Review Journal
Wynn selling real estate in Boston, not Las Vegas
After unveiling a lucrative deal to sell its Boston-area casino and rent it back, Wynn Resorts' boss put the kibosh on doing the same in Las Vegas.
Wynn CEO Craig Billings said during an earnings call this week that Las Vegas is "very different" from regional casino markets, and the "need for continuous and sizable reinvestment in order to stay…
The Boston Globe
Wynn Resorts cashes in on Everett casino in $1.7 billion deal
Wynn Resorts is selling off its Encore Boston Harbor casino property in Everett, though patrons shouldn't notice any difference at all.
On Tuesday, Wynn announced a $1.7 billion sale to Realty Income, a large real estate investment trust, and aims to use the proceeds, in part, to help fund development plans across Broadway from the casino. But no,…
CNBC
Casino giant Wynn to open a 1,000-room resort in UAE emirate introducing legal 'gaming'
DUBAI, United Arab Emirates - American casino developer
Wynn Resorts
has set its sights on a new market, and one that has never before allowed gambling: the United Arab Emirates.
The Nevada-based casino giant on Tuesday announced a multibillion-dollar deal with the UAE emirate of Ras al-Khaimah that will see it open a 1000-room luxury hotel with 10…
Australasian Leisure
UAE’s first casino to open as part of integrated resort in Ras Al Khaimah
As the United Arab Emirates moves to legalise gambling, Wynn Resorts has announced plans for a "multi-billion" dollar integrated resort to be built in Ras Al Khaimah.
Wynn Resorts - which in addition to its US properties also operates three casinos in Macau - will team with developer Marjan and RAK Hospitality Holding to develop a 1000-room luxury…
Vegas Slots Online
Wynn UAE Deal May Pave the Way for a Gulf State Casino
Wynn Resorts has entered into an agreement to develop a luxury resort in the United Arab Emirates (UAE). Tuesday's announcement stated that there will be a "gaming" area at the multi-billion-dollar resort in Ras Al Khaimah, but it is unclear if this area will have gambling options. None of the involved parties have replied to media questions…
HeyUGuys
Top 3 Movies From the 2000s Set in Las Vegas
Hundreds of movies have been set in Las Vegas over the years, many of which have reached iconic status. Since the turn of the century, we have seen over 50 different movies released that have been set in Las Vegas and below you will find the top 3 moves from the 2000s set in the gaming mecca.
We begin in 2001 and one of the most popular movies ever…
Substream Magazine
The 5 Best Movies That Expose the Casino Industry
Many movies about casinos show a little of what happens in Vegas. There is all the glamor, and if you are lucky, you will see what happens when you make the wrong decisions after winning. The online casino scene has bloomed so much at the expense of land-based gaming houses, so most young people haven't had the chance to venture into Vegas. These…
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WFMZ News
UK Online & Casino Revenue Reported Healthy Even with Current Pandemic Conditions
PALM BEACH, Fla., Dec. 7, 2021 /PRNewswire/ --
FinancialNewsMedia.com
News Commentary
- Gambling experts have long contended that the industry is not recession-proof, and data has recently supported this claim. The COVID-19 pandemic has turned the entire world upside down, and the gambling industry is no exception. Financial information is starting…
European Gaming
Zeal Network Continued to Grow in First Three Quarters of 2021 Despite Weaker Jackpot Situation
German lottery provider Zeal Network has achieved further growth in the first nine months of 2021, despite experiencing weaker jackpots.
In the first nine months of 2021, billings of the Zeal Group rose by 5% to EUR 493.2 million (2020: EUR 471.8 million), of which the Germany segment accounted for almost the entire amount (2020: EUR 470.9…
Gambling Insider
Bill Callahan named interim CEO of Atlantic City’s Ocean Casino
Bill Callahan has been named interim CEO of Atlantic City's Ocean Casino Resort after New Jersey's Division of Gaming Enforcement approved his appointment.
Callahan's new role comes as a promotion for the industry veteran, with him having previously served as Executive VP and Senior VP of Ocean. He boasts more than two decades of industry…
Chelsea Record
Encore Boston Harbor Casino Records Record Gaming Quarter, Cost Controls
Reporting that they have contained operating expenses and costs at both Encore Boston Harbor and in Las Vegas, Wynn Resorts reported that both Encore and their Las Vegas properties recorded record earnings for the second quarter (April to June).
Once again, the casino operating revenues at Encore outdid the Las Vegas properties - and with Macau…
Yogonet
WynnBET to open Blue Wire podcasting studio at Wynn Las Vegas in August
ynnBET,
Wynn Resorts' mobile sports betting app, unveiled on Tuesday details of the
Blue Wire podcasting studio
currently under construction at
Wynn Las Vegas.
The 1700-square-foot space is set to kick off operations
in August ahead of the 2021 NFL season
and will be utilized
year-round to create thousands of hours of sports-related audio, video,…
WFMZ News
WynnBET Unveils Details Of New Blue Wire Podcasting Studio At Wynn Las Vegas
LAS VEGAS, June 29, 2021 /PRNewswire/ -- WynnBET, the premier mobile sports betting app from the global leader in luxury hospitality, Wynn Resorts, unveiled on Tuesday details of the Blue Wire podcasting studio currently under construction at Wynn Las Vegas. The 1700-square-foot, state-of-the-art space is set to kick off operations in August ahead…
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