Brands: Wynn Resorts

BOSTON (State House News Service) - Between Massachusetts' three gambling centers combined, there are now fewer traditional casino-style games available than there were before the pandemic, though the legalization of sports betting has added a new type of gambling to the mix. Compared to when the Gaming Commission required Plainridge Park Casino,…

Between Massachusetts' three gambling centers combined, there are now fewer traditional casino-style games available than there were before the pandemic, though the legalization of sports betting has added a new type of gambling to the mix. Compared to when the Gaming Commission required Plainridge Park Casino, MGM Springfield and Encore Boston…

Clark County commissioners cleared the way for a guitar-shaped hotel tower to be developed at The Mirage, a project that would spell the end of Las Vegas' iconic volcano attraction. The County Commission on Wednesday unanimously approved The Mirage operator Hard Rock International's plans for the 600-room, 660-foot-tall project along Las Vegas…

There are many exciting things in the world to see. When we say there are many interesting things, we mean real cool places, unique locations, and much more. It's nice to be part of a world where you can always see something new with every possible side, even from the point of view of a casino. Glamorous Monte Carlo or the mysterious East - choose…

Sin City has been changing and that means that some things which once dominated the Strip no longer resonate with visitors. Las Vegas once hosted mostly kitschy retro performers. Even in the days when Frank Sinatra and the Rat Pack prowled the Las Vegas Strip, they were considered adult acts, not really modern or hip in the young people sense of…

The United Arab Emirates is set to welcome its first-ever casino, a development that has stirred excitement and anticipation in equal measure. The casino is being built and funded by Wynn Resorts, a leading international hospitality and entertainment company. What makes this development even more significant is that it will be Wynn Resorts'…

It's hard to get a great free photo of the Las Vegas Strip from down on the ground, as you're right in the middle of it. You can try standing in one of the overhead crosswalks, but they are covered in dirty glass, making it hard to get a great shot. You can pay $20 to $40 to go to the top of an attraction like at the Paris, Linq or Strat, but…

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…

BOSTON (SHNS) - With Massachusetts in the early days of its most significant expansion of gambling in a decade, a researcher from the United Kingdom shared his perspective on how gambling worked its way from the shadows of society to the mainstream and the implications that have had in Britain. The Public Health Advocacy Institute at Northeastern…

BOSTON (State House News Service) - With Massachusetts in the early days of its most significant expansion of gambling in a decade, a researcher from the United Kingdom shared his perspective on how gambling worked its way from the shadows of society to the mainstream, and the implications that has had in Britain. The Public Health Advocacy…

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…

This story was reported by Timothy Bolger, Ben Brachfeld, Jada Camille, Aidan Graham, Carlotta Mohamed, Dean Moses, Bill Parry, Aliya Schneider, Robbie Sequeira and Ethan Stark-Miller. It was edited by Christian Murray and Robert Pozarycki. New Yorkers are bearing witness to a World Series of Poker-style showdown featuring ten bids involving some…

Japan will make a decision on applications for integrated resorts from Osaka and Nagasaki in the coming months, perhaps as soon as this month. Then authorities will decide the fate of one or more unissued IR licences, with the distinct possibility of a supplementary round of applications that could include prime sites Tokyo and Hokkaido. That's the…

This month, Clark County commissioners are set to vote on plans for a major redevelopment of The Mirage Hotel & Casino. The proposals include the replacement of the Strip's megaresort iconic volcano feature with a guitar-shaped hotel tower.The County Commission is scheduled to review the redevelopment plans on March 22. The property's new…

Clark County commissioners are slated this month to vote on a project that would change the landscape of the Strip: replacing The Mirage's iconic volcano attraction with a guitar-shaped hotel tower. The County Commission is scheduled on March 22 to consider Hard Rock International's proposed 600-room high-rise at the already-massive resort, county…

A top executive for casino operator Tilman Fertitta said Wednesday no decision has been made on the future development of six acres on the Strip that the Texas billionaire acquired last year in anticipation of developing a hotel-casino. "It's very expensive to build right in an inflationary environment," Steven Scheinthal, a vice president with…

The Soloviev Group has finally settled on what it wants to do with what's billed as the largest undeveloped lot in Manhattan, which it said it's owned for 15 years: place a big bet on winning a casino license among heavy competition as demand for offices looks less attractive. The developer, known for projects such as New York's iconic 9 W. 57th…

Casino companies are used to having a house advantage. But in the bidding process for three downstate casino licenses, it's the local communities that those companies are hoping to call home that just might have the edge. Roughly a dozen casino companies and real estate developers are mulling or planning on bidding for one of three casino licenses…

Sara King, the self-described "slot whisperer" was last seen days ago as she slipped onto the casino floor at the Wynn Las Vegas, wearing yoga pants and a hoodie instead of her usual head-to-toe Dior; a baseball cap was pushed low over her face and the rest was covered with a face mask. She was anybody, nobody, and unrecognizable-until one of the…

Gaming operator Seminole Hard Rock's highly anticipated bid for a New York City casino license has been complicated by its business ties to Russia, sources told The Post. The ubiquitous Hard Rock brand - founded by Americans in London in 1971 and purchased by the Seminole Tribe of Florida in 2007 - has long been expected to announce its application…

Gaming industry analysts expect casino revenue to continue rising in Macao after back-to-back months of growth. The region's Gaming Inspection and Coordination Bureau on Wednesday reported a 33.1 percent increase in gross gaming revenue to $1.3 billion in February compared with a year earlier. While February figures were down from January, John…

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…

With casino operators making hefty rent payments, Rio landlord Eric Birnbaum wants more of the action. His firm, Dreamscape Companies, recently announced that it raised $850 million in capital. It's launching a real estate investment trust that will own casino, hospitality and entertainment assets, and an entity to operate such businesses,…

LAS VEGAS - The family of a Florida lawyer who suffered a heart attack at a Las Vegas blackjack table last year and died months later has filed a wrongful death lawsuit against a casino. The Las Vegas Review-Journal reports David Jagolinzer was staying at the Wynn Las Vegas while in town for a legal conference last spring. According to the lawsuit,…

LAS VEGAS (KLAS) - The family of a man who had a heart attack while playing blackjack in Las Vegas is suing the hotel and casino, claiming he did not receive medical care for nearly 20 minutes as an employee continued to deal, documents said. On April 6, 2022, David Jagolinzer, of Florida, was staying at the Wynn Las Vegas and playing the table…

The family of a Florida lawyer says that he was ignored by a card dealer and security employees at a Las Vegas casino for almost 20 minutes after suffering cardiac arrest at a blackjack table - and that delay ultimately led to his death. David Jagolinzer, 48, experienced cardiac arrest while playing cards at the Wynn Las Vegas hotel and casino in…

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 The inclusion of Michigan into the…

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…

Jobs, tourists and billions in licensing fees and taxes after a devastating pandemic are why New York City government officials are eager to open new casinos. With a metro population of 23 million, the Big Apple is the largest untapped market in the country for casino gambling, and developers are rushing for gaming licenses. Meanwhile, in Downtown…

Woman loses Rs 82 crore of her company's money'partying at Las Vegas strip casino' | Image: Central District of California court records A woman has been accused of blowing $10 million (Rs 82 crore) of her company's money to party at a Las Vegas casino. Sara Jacqueline King, from Orange County in California, US, was working as a lawyer for LDR…

The house always wins but some games win the house more than others. Everyone who gambles understands that the house has an edge in every game. You don't build mega-casinos like the ones found up and down the Las Vegas Strip by losing money. Slot machines, however, might be the game the consumers understand the least. First, it's important to know…

LAS VEGAS (AP) - The family of a Florida lawyer who suffered a heart attack at a Las Vegas blackjack table last year and died months later has filed a wrongful death lawsuit against a casino. According to the lawsuit, David Jagolinzer was staying at the Wynn Las Vegas last spring. The lawsuit says that Jagolinzer went into cardiac arrest on April 6…

LAS VEGAS (KLAS) - A lawsuit filed in U.S. District Court in California details allegations of a $10 million fraud scheme that paid for a six-month gambling spree at the Wynn Las Vegas last year. Sara Jacqueline King of Orange County is accused of falsifying loans that were never made. Instead, she used the money herself. The lawsuit, filed Feb.…

PROVIDENCE - Bally's wants to grow its state-supported gambling business in Rhode Island to include online casino games like poker, blackjack and slot machines, the company announced Wednesday. The company, which owns Rhode Island's two physical casinos and was formerly known as Twin River, is asking lawmakers to add "I-gaming" to the gambling…

Gaming giant Bally's is betting on The Bronx - by proposing a casino next to the Trump Organization's public golf course at Ferry Point, The Post has learned. Sources familiar with the corporation's plan said its officials have engaged in discussions with the Trump Org about assigning 17 of the 300 acres on the site to Bally's to operate a…

A hot topic certainly online casino fans, restricted payment actions will likely be an obstacle for new participants. To help you gamble their a real income, you should make sure the online casino you've chosen is reliable and claims a safe withdrawal of the earnings. Specific give a huge number of harbors, even more than five hundred or step…

It emerges like a pixelated oasis in the Nevada desert, one that could easily be a mirage. A towering 143-foot screen, showing any game your heart desires, and at its feet six-count'em, six!-heated rectangular pools. They're spaced in pairs, gently tiered upward, all the better to allow year-round swimsuit-clad revelers unobstructed views of the…

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 Boyd Gaming had a simple message to real…

LAS VEGAS (CN) - A University of Nevada, Las Vegas professor who specializes in the hospitality industry called a recent federal class action claiming collusion between major casinos regarding the price guests pay for hotel rooms on the Las Vegas Strip "frivolous." "Based upon what I know about the Rainmaker revenue management system, because I'm a…

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…

Are you ready for a high-rollin', high-flyin' time near the UN? Yet another entrant has joined the field in the fierce bidding war for a casino license in New York City - this time led by a billionaire developer who also wants to construct a huge Ferris wheel on vacant land just south of the United Nations. The wheel is the centerpiece of a joint…

Las Vegas is constantly evolving to offer the world an immersive playground of the latest and greatest in accommodation, entertainment, sports, nightlife, dining and so much more. In 2023, visitors can entertain themselves by attending performances of global pop icons, legendary comedians, world's best drivers and enjoy captivating exhibitions -…

The operators awarded licenses to run any of the three New York City-area casinos will have to pay the state at least a $500 million fee for the chance at rolling the dice, according to new rules approved by a state siting board Tuesday. The New York Gaming Facility Board released the request for applications, which includes a rating system that…

Invariably, a hot-streaking enterprise like Las Vegas Sands (NYSE:LVS) raises concerns about whether it can continue skyrocketing. Obviously, no one wants to buy at the peak only to hold the bag later. However, Las Vegas Sands may indeed overcome objections based on a key catalyst: China, China, China. Therefore, I am bullish on LVS…

The slowdown in transactions across commercial real estate as a result of higher interest rates is unlikely to dramatically change in the near term as the question of value continues to plague buyers, sellers and lenders. But properties that house gaming operators are proving the exception. Not only did casino tenants pay rent when closed during…

Shares of Macau casino operators posted gains of between 3% and 5% after official data released by the Special Administrative Region (SAR) of China's government revealed that gambling revenue in January nearly doubled. Macau casinos generated MOP11.58 billion ($1.44 billion) in gross revenue in the first month of 2023 to post an increase of 82.5%…

Not every idea planned or even announced for the Las Vegas Strip ends up getting built. Some never even get past the talking stage because it takes billions to actually build something on Sin City's iconic 4.2-mile stretch of road. The high price tag means that some projects get announced as a way to make it easier to raise money to actually build…

Casinos in Nevada saw gaming win increase 14% in December to more than $1.31B, according to an update from the Nevada Gaming Control Board. Las Vegas Strip casinos accounted for $814M of the monthly tally, which was up 25% from the level a year ago. An increase in group and convention business during the month and events like Raiders home football…

Since covid first became a thing, Las Vegas fell under more scrutiny than any travel destination that wasn't a Walt Disney (DIS) - Get Free Report theme park or a cruise ship. Sin City got blamed for some early spread, even though it became clear pretty quickly that the virus was going to become a global problem. The Las Vegas Strip faced enormous…

Wynn Resorts Ltd. commanded a whopping 66 percent share of the Massachusetts casino market in July, the Massachusetts Gaming Commission reported Monday. The commonwealth announced gross gaming revenue was $98.7 million from the state's three casinos, with Wynn's Encore Boston Harbor in Everett winning $64.7 million, MGM Resorts International's MGM…

After more than two decades, a developer's megaproject could finally take root at the sprawling, fallow site near the United Nations headquarters in Midtown. Its latest bid: a proposal for Manhattan's first Vegas-style casino. Soloviev Group, the longtime owner of the 6.7-acre plot, said on Tuesday that it will partner with Mohegan, the casino and…

Move over Macau and Singapore. Las Vegas Sands is betting on Long Island, unlike other city-centric developers spending millions to win a casino license in New York. All these new proposals are focusing on corporate meeting spaces and tourism boosts to the economy to turn the odds in their favor. Las Vegas Sands is pursuing a multi-billion flagship…

One of Las Vegas' main attractions are it's over the top and exuberant hotels. Not only in scale, but also in concept and historical reverence. Residencies, attractions, and large-scale events are synonymous with the hotels itself leading to widespread recognition. Customers will come from all over the world to visit a space which once hosted…

Asia's gambling markets have been hammered by COVID-19 and the zero-COVID policy in China, but that's starting to shift. China is opening up the economy again, and if Las Vegas is any indication, that could lead to a boom in gambling activity in Macao and Singapore. Motley Fool contributors Travis Hoium and Jason Hall discuss why Las Vegas Sands…

TULSA, Okla. - The CEO of Osage Casinos, Byron Bighorse, resigned his position in December, and the resignation appears to be related to the revelation of alleged misuse of finances by Bighorse. In an open letter to the Osage Nation Congress, Osage Congressman Eli Potts excoriated what he called "repugnant" uses of Osage Casinos funds by Bighorse.…

ATLANTIC CITY, N.J. (AP) - America's commercial casinos are off to their best two-month start ever, the latest indication the industry is recovering in the third year of the coronavirus pandemic. Figures released Tuesday by the American Gaming Association, the gambling industry's national trade association, show that revenue from in-person casino…

Online casinos have enjoyed a dramatic surge in popularity over recent years, and with land-based establishments forced to close their doors for prolonged periods during the global pandemic, a growing number of gambling enthusiasts began logging on to get their fix of Blackjack, Baccarat and other popular games online. With many of the…

LAS VEGAS (KTNV) - As of 6 a.m. Monday morning, operations of The Mirage Hotel & Casino officially passed into the hands of Hard Rock International. Regulatory approval was granted by the Nevada Gaming Commission on Friday. Plans for giant, guitar-shaped hotel at site of Mirage revealed by Hard Rock executives Hard Rock International paid $1.075…

But the real estate honchos promising pomp and circumstance - namely, Related Companies at Hudson Yards and SL Green in Times Square - have to overcome something their money can't buy: A handful of local politicians who not only don't care about the flashy proposals, but are turned off by Manhattan's years-long transformation into a playground for…

Mets owner Steve Cohen wants input from locals in Queens about the future of the property around Citi Field as he eyes submitting a bid to open a casino near the stadium. Cohen announced Monday he'll be hosting a Jan. 7 public "visioning session" at Citi Field in Flushing to discuss ideas to "re-imagine space" around the ballpark. "For months, we…

Las Vegas Sands, the resort company and casino, announced Thursday that it will pursue a license to operate an entertainment destination and casino on the property of the former Nassau County Coliseum in Uniondale. Sands Corp. is vying for one of from the New York State Gaming Commission, which applications opened for last week. Former Governor…

Las Vegas regularly attracts huge numbers of tourists eager to enjoy the city's super-sized penchant for visual shows. Visual entertainment in Las Vegas comes in many forms. These include major entertainment performances such as Cirque du Soleil at Bellagio Resort & Casino, which is operated by MGM Resorts International (MGM) - Get Free Report. Sin…

The race to build New York's first full-service casino is going upscale. Hudson's Bay Company, the owner of the Saks Fifth Avenue department store chain, said it would bid with the state to convert the top three floors of its flagship store in Midtown Manhattan into a Monte Carlo-style casino. The project is one in a growing list of bids to secure…

On the Las Vegas Strip, some headliners find a home at a resort casino and stay there for an astonishingly long time. Comedic magicians Penn & Teller have been in residence at Caesars Entertainment's (COZIF) Rio since 2001. That makes them the Las Vegas act that kept the same home the longest, but they're not the only performers with a long history…

Las Vegas Sands Corp. is proposing to build a multibillion-dollar resort on Long Island, New York, as part of a bid for one of three downstate New York casino licenses. Las Vegas Sands said Thursday it has entered into agreements to purchase the long-term lease of the site that's currently home to the Nassau Veterans Memorial Coliseum. The…

Las Vegas is no stranger to lavish homes. In the past year, casino mogul Steve Wynn unloaded a $17.5 million golf estate and ex- Las Vegas Raiders coach Jon Gruden sold his custom pad for $7 million. A new listing for a 21835-square-foot mansion, built in 1998, is finely tailored to the Vegas lifestyle. It boasts such extravagant novelties as a…

While Las Vegas visitors may think of the city as a place for gambling, world-class restaurants, and top-tier entertainment, those aren't the only draws on the Las Vegas Strip. Of course, the massive casinos operated by Caesars Entertainment (CZR) - Get Free Report, MGM Resorts International (MGM) - Get Free Report, Wynn Resorts (WYNN) - Get Free…

Nevada-based casino and resort giant Las Vegas Sands is reportedly eyeing Nassau County for a potential casino application in New York, according to local media. The firm's interest in pursuing an opportunity in the Empire State follows a New York Gaming Facility Location Board vote on Tuesday that opened up the application process for three…

Las Vegas Sands announced Thursday it will bid for a multi-billion dollar casino at the Nassau Veterans Memorial Coliseum site on Long Island, New York. The company's move to pursue an opportunity in the Empire State follows a New York Gaming Facility Location Board vote earlier this month that opened up the application process for three downstate…

Las Vegas Sands, the casino and resort company, has submitted a bid to build a privately-funded, multibillion dollar tourism destination on the site of the Nassau Coliseum, after striking a deal to become the new tenants on the county-owned property, officials confirmed to Newsday. Officials with knowledge of the proposal, which would include a…

Stocks of casino operators with exposure to Macau, an administrative region in China and a major gambling destination, have rallied recently on hopes of strong recovery following the easing of COVID-19 restrictions. Moreover, Macau granted new licenses to six casino operators in late 2022 for a period of ten years. Additionally, certain analysts…

The bright lights and opulent hotel casinos bring about 40 million visitors to Las Vegas every year, but certain times are better to visit than others. Sin City's decadence is more suited for big party scenes, and while the city has made strides in recent decades to become more family friendly, it is still mostly a playground for adults. Christmas…

New York Gov. Kathy Hochul spoke for nearly an hour during her State of the State Address Tuesday, mentioning sweeping, expensive proposals for mental health, housing, inflation, security, and energy policies before mentioning that those ideas were just the "tip of the iceberg" of what she'd like to accomplish. "I know most of you cannot wait to…

The covid pandemic devastated business on the Las Vegas Strip. Las Vegas literally shut down for a period and when it opened, the major casino operators Caesars Entertainment (CZR) - Get Free Report, MGM Resorts International (MGM) - Get Free Report. and Wynn Resorts (WYNN) - Get Free Report had to slowly build their businesses back. Those efforts…

The first eight days of January saw the average daily Macau casino gross gaming revenue (GGR) more than quadruple the daily average attained in the fourth quarter. JP Morgan Securities (Asia Pacific) Ltd projected Macau daily GGR at MOP2.1 billion (US$261.1 million) for the first eight days of the new calendar year, "implying around MOP260 million…

New York Mets team owner Steve Cohen met with more than 500 Queen residents last Saturday to solicit inputs on how to best develop the area around CitiField, including the possibility of bringing a casino to the Willets Point property. Cohen and the local community members talked about how to turn the long-dormant property into an all-weather and…

The final day of $5300 The Return at The Borgata in Atlantic City ended on Sunday night. The overwhelmingly successful event smashed the $3 million guarantee with a prize pool that reached $5538700 thanks to a massive turnout of 1142 entries. The exciting final table of action saw the final eight play down to a winner in about seven hours of…

The New York Gaming Facility Location Board officially opened the process for three new full casino licenses. Several companies have already expressed interest in opening venues in prime locations, so competition is already heating up. Long-time gambling proponent Sen. Joseph Addabbo used the opportunity to discuss the process and share his…

Thomas Evans Zanot, a Las Vegas poker player, now has a much larger bankroll after hitting a $6.4 million Pai gow jackpot at Flamingo Saturday night. Although it's only January, the hit will likely be one of the largest jackpots Las Vegas will see all year. In October, a gambler hit a $3.5 million Pai gow poker jackpot at nearby Harrah's, a Caesars…

New York gambling regulators took Monday a step forward toward the proposed casino expansion for the New York City metropolitan area by naming officials to a board set to oversee siting for the projects. The Gaming Commission named former New York City Housing Commissioner Vicki Been, New York Women's Chamber of Commerce President and CEO Quenia…

It looks like SL Green and Caesars Entertainment have received a boost in their pursuit of a commercial casino in Times Square, New York City. The two have now partnered up with Roc Nation, which is an entertainment agency founded by popular hip-hop artist and producer Jay-Z. The trio will now certainly form a strong case when bidding for a casino…

Some of the biggest names on the Strip appear to be up for bids, and one billionaire casino owner looks likely to be a potential buyer. The Las Vegas Strip has little sympathy for people with money troubles. That's true if you can't pay your hotel bill, run out of money at the tables, or have your credit card declined at dinner. Las Vegas casino…

The Las Vegas Strip has little sympathy for people with money troubles. That's true if you can't pay your hotel bill, run out of money at the tables, or have your credit card declined at dinner. Las Vegas casino owners including Caesars Entertainment (CZR) - Get Free Report and MGM Resorts International (MGM) - Get Free Report may no longer take…

Some of the world's top casino operators and world developers are nowsubmitting their applications to open a full-scale casino here in downstate New York.The application process officially opened yesterday, after the state'sgaming committee unanimously voted to issue a request for applications.This could meanimmense growth for MGM Resorts' Empire…

On January 3rd, 2023, New York officials confirmed that the state's bid to hand out three operating permits for full-scale casinos will go as planned after they unanimously approved the beginning of the formal application process for gambling companies. Each of the licenses will cost at least $500 million. The Gaming Facility Location Board had a…

Racino operators at Aqueduct and Yonkers were expected toput in bids of at least $500 million each to try to win the right to open anyof three new casinos in and around New York City, according to media reportsthis week. The state Gaming Facility Location Board in New Yorkapproved the terms of engagement Tuesday. It opened the bid process for…

Once licensed to operate any of New York state's three casinos, the operators are required to pay the state at least a $500 million fee for the gambling license, under new rules authorized by the state's site committee announced Tuesday. Request for applications: The filling was revealed by the New York Gaming Board, known as New York's iGaming…

Macau casinos have posted their worst year since 2004 as China's strict Covid Zero policies wrought havoc on the gambling hub. The Gaming Inspection and Coordination Bureau said Sunday that gross gaming revenue in December fell 56% from a year earlier to 3.48 billion patacas ($433 million), slightly below the median estimate of a 57% decline.…

Las Vegas has the New York, New York casino on the strip. Now New York City might be in line for a bit of Las Vegas. The state's Gaming Facility Location Board has opened up the application process for three full-fledged casinos in the state. Caesars Entertainment has already expressed interest in opening a casino in Times Square and is likely to…

Image Source: Shutterstock.com The property is the latest to join a trend that has seized gaming establishments from Macau to the United States with operators doting on their casino workers despite what is still a challenging operations environment. The sum allocated to Eagle Mountain Casino workers is not a surprise, as casinos have realized that…

In conjunction with the signing of the six new gaming contracts yesterday, the government has published the content of the contracts, including the operating venues of the concessionaires' casinos, investment commitments and premium details. Investment commitments The government announced yesterday the six concessionaires have committed a total…

New casino licenses with shorter contracts took effect Jan. 1 Operators suffered worst year on record in 2022 amid COVID-19 Challenges include diversifying from core gaming, labour shortages HONG KONG, Jan 3 (Reuters) - (This Jan. 2 story has been refiled to correct Melco's name and stock symbol in the second paragraph) As casinos in Macau begin…

Nothing happens quickly or easily on the Las Vegas Strip. If you decide to build or buy on the Strip, you have elected to compete with the giants of the casino business -- Caesars Entertainment (CZR) - Get Free Report, MGM Resorts International (MGM) - Get Free Report, and Wynn Resorts (WYNN) - Get Free Report -- not to mention some of the huge…

New York State officials have released the criteria they will use to determine how up to three new casino licenses will be awarded. The operators awarded licenses to run any of the New York City-area properties will have to pay the state at least a $500 million fee for the permits, according to the rules the New York Gaming Facility Board approved…

After a 78-day absence, Las Vegas casinos have reopened their doors to sizable crowds of visitors longing to put a dollar in a slot machine or have a drink at the bar. At 12:01 a.m. Thursday, Downtown Las Vegas casinos and properties throughout the region that cater to local residents were the first to reopen. Less than half of the Strip's…

Welcome to our weekly roundup of American gambling news again! Here, we are going through the weekly highlights of the American gambling industry which include the latest news and new partnerships. Read on and get updated. Underdog Sports has been awarded a license by the Ohio Casino Control Commission to operate as an online sports betting service…

In a few years, the unlimited soup, salad and breadsticks at the Olive Garden might not be the only jackpot that awaits tourists heading to New York City's Times Square. Developer SL Green Corporation and Caesars Entertainment - owner of casino resort brands like Caesars Palace and Harrah's - want to put a casino in a skyscraper at 1515 Broadway in…

Fontainebleau Las Vegas has added five gaming industry leaders, including three with recent experience at The Cosmopolitan of Las Vegas, to its executive team. Colleen Birch has been named chief operating officer; Stephen Singer is the company's new chief financial officer; Daniel Espino has been chosen to be its chief people officer; Marc Guarino…

Las Vegas' wheeler-dealer real estate market didn't disappoint in 2022. Here are the top 10 deals of the year, ranked by yours truly. Some blockbusters that closed in 2022, including the $5.65 billion sale of The Cosmopolitan of Las Vegas, are not listed because they were announced in 2021 and were in that year's top 10. 1. Tilman Fertitta Houston…

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…