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The Street

Las Vegas Strip Leader Sells Key Casino

Wynn Resorts sold its Encore Boston Harbor resort for $1.7 billion in cash to Realty Income Corp. Realtor will continue to operate the resort via a sale-leaseback arrangement. It's Reletory Income's first acquisition in the casino industry. The company will not do sale leaseback deals on any of its properties on the Las Vegas Strip.
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Las Vegas Strip Leader Sells Key Casino
The Nevada Independent

Indy Gaming: Research gives AGA ammunition in fight with illegal gambling operations

American Gaming Association CEO Bill Miller said in October that the legal casino industry misses out on $300 billion annually that gamblers wager with illegal betting operations. The study conducted by The Innovation Group found that illegal gambling costs the industry $44.2 billion in potential gaming revenue. AGA asked the U.S. Department of Justice to crack down on illegal, online sportsbooks and casinos as well as unregulated “skill game” slot machines. It's unclear whether Congress will jump on the issue. A vice president of AGA said the research was sent to all 535 members of Congress.
Industry
Indy Gaming: Research gives AGA ammunition in fight with illegal gambling operations
Wild Casino
Focus Gaming News Focus Gaming News 26 days
@FocusGamingNews

- @MGMResortsIntl to issue loan of up to US$750m to MGM China The loan aims to meet future working capital and funding needs.

 - @MGMResortsIntl to issue loan of up to US$750m to MGM China

The loan aims to meet future working capital and funding needs.
Asia Casino News Asia Casino News 24 days
@AsiaCasinoNews1

MGM Resorts agreed to provide its Chinese subsidiary with a loan of $750 million. READ MORE HERE:

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@GoldenCasinoNws

First Post-Market Safety Report on OssDsign Catalyst shows zero percent device related complication rate

The Street

Casino Giant Has Huge Off-the-Las-Vegas-Strip Plans

Red Rock Resorts has big plans for expansion, including a bold Strip-like property. The company has taken a do things differently approach by working hard to build a local clientele instead of relying on tourists. The Company uses the Station Casinos name on its properties. It is also competing with Caesars Entertainment, MGM Resort International, Wynn Reserves and Get Free Report.
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Macau Casinos Seek $16.8m in Damages in Tak Chun Trial

Macau Casinos Seek $16.8m in Damages in Tak Chun Trial. Former chairman of Tak Chun Group Levo Chan is on trial. MGM China, SJM Resorts, The Venetian Macau and the Wynn Macao are seeking damages totaling MOP$135m (US$16m). The Wynns are also seeking about Mop$48.25m, while SJm is looking for Moop$35.65m and MGM is seeking M op$3.7m. The Macaese government is also looking to recover Mpop575m from the defendants.
Incidents
Macau Casinos Seek $16.8m in Damages in Tak Chun Trial
Yogonet

Wynn Resorts' UAE casino to be "larger than Wynn Las Vegas"

Wynn Resorts is planning to open a casino in the United Arab Emirates. The resort will be located on a man-made island off the coast of Ras Al Khaimah and is expected to be open in 2026. It will cost $2 billion and feature 18,500 square meters of gambling space. The casino will operate on its own. According to the Q3 earnings call, Wynn is focusing on the project. Billings said it has a very high return opportunity for the company. He also said 95% of the world's population will live within an eight-hour flight of a WynN Resort property.
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Casino City Times

Maryland casinos generate $163.4 million in November

Maryland's six casinos generated $163,371,464 in revenue from slot machines and table games during November 2022. Casino gaming contributions to the state in November 2021 totaled $67,711,424. In November 2018, contributions were $49,255,436.
Travel
yurview.com

Las Vegas at Christmas

The Bellagio Conservatory has switched from their fall theme to their Christmas theme. Aria has decorations in their lobby area. The Shops at Crystals has an immersive nutcracker experience from November 19-December 30th. There is an ice skating rink at the Cosmopolitan's pool. Enchant Las Vegas is back for its second year at Las Las Vites Ballpark in Downtown Summerlin. Santa Run is held on December 3 and benefits local nonprofit, Opportunity Village. Glittering Lights at Vegas Motor Speedway is a cool attraction. The Magical Forest is also a popular attraction at Opportunity village.
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Las Vegas at Christmas
iGaming Business

Macau misses casino concession jackpot

Macau will keep its same six casino operators. Macau has made progress since the first concession awards in 2002. The former Portuguese colony has gone from high unemployment and gangland shootings to contending for the world's highest per capita GDP.
Industry
Macau misses casino concession jackpot
Review Journal

Nevada casinos’ gaming win down 3.2 percent in July

Nevada casinos’ gaming win down 3.2 percent year over year in July. It was the fourth-best month in history for the state. The Strip was down 2.4 percent, Clark County was 3 percent down, and outlying Clark counties declined 6.6 percent. Elko County's gaming was up 5.1 percent due to special events. The July calendar had one more weekend date than July 2021. This resulted in some revenue being counted later. Las Vegas Locals calendar comparison was unfavorable. July ended on a Sunday.
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The Street

New Las Vegas Strip Casino Offers Something Caesars, MGM Don't

Resorts World Las Vegas wants to change the focus of the Las Las Vegas Strip. Caesars Entertainment (CZR) and MGM Resorts International (MGM) dominate the area. Wynn Resort (WYNN) has two properties in the central area, which is the last outpost on the journey to Res resorts. The new resort has a lot of bells and whistles, but it's not enough to entice people to make the trek.
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Mass Live

MGM Springfield gambling revenue hits $23 million

MGM Springfield pulled in $22.9 million in total gambling revenue from its slots, table games in October. It's the highest monthly total since $24.2 million back in March 2022. The casino promised to create 3,000 jobs before its 2018 opening. Encore Boston Harbor opened in 2019 and generated $62 million for October, while Plainridge Park Casino generated about $12.3 million.
Finance
Click Orlando

Macao awards casino licenses to MGM, Sands, Wynn, 3 others

Macao has tentatively renewed the casino licenses of MGM Resorts, Las Vegas Sands, Wynn Resort and three Chinese rivals. They promised to help diversify the economy by investing in non-gambling attractions. The requirement to spend on theme parks, music and sports adds to financial pressure at a time when revenue has plunged under anti-virus restrictions. Genting Group of Malaysia received no license. Macao's economy has shrunk since anti virus restricts were imposed in 2020. It's under pressure from Chinese President Xi Jinping’s government to diversifying with retailing, entertainment and other industries.
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Macao awards casino licenses to MGM, Sands, Wynn, 3 others
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The Street

The Las Vegas Strip Adds a Unique Tesla Experience

The Las Vegas Strip offers many activities for tourists. Caesars Entertainment offers Get Free Report. MGM Resorts International offers Free Reports. Wynn Resort offers a Get free report. A new company offers Tesla driving experience on the Las Las Strip. It's located on GetFreeReport.com.
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The Las Vegas Strip Adds a Unique Tesla Experience
Montreal Gazette

Jack Todd: A sacred institution has become Gambling Night in Canada

The CBC broadcast of a hockey game between the Montreal Canadiens and the Edmonton Oilers was dominated by gambling ads. The wholesale takeover of the sports world by betting interests has altered the simple experience of watching the game with your family on a Saturday night. It's corrosive for society and kids. Some of them are problem gamblers. The federal government might have to step in with regulations like those that apply to cigarette ads to deal with the consequences. Athletes being bribed, threatened or blackmailed into throwing games is the next logical step.
Sports
Jack Todd: A sacred institution has become Gambling Night in Canada
The Street

Classic Las Vegas Casino Makes a Change No Strip Casino Has Embraced

In the mid-1990s Las Vegas tried to market itself as a family destination. The city's efforts didn't work and it's now trying to embrace an adult audience. Now two downtown casinos have decided that Sin City isn't for people too young to drink and gamble. It's not quite as if kids are not welcome in Las Las Vegans' casinos.
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The Real Deal

Sands Among Casinos Receiving Tentative Renewals in Macau

Las Vegas Sands, Wynn Resorts, MGM Resort and three Chinese companies have their casino licenses renewed in Macau. The government expects them to invest more in non-gambling attractions in the region. Macao is one of the world's most tourism-dependent economies. Chinese president Xi Jinping wants the economy to diversify and become less reliant on gambling. In 2013, Macaese annual revenue from slot machines, dice tables and more hit $45 billion.
Travel
Sands Among Casinos Receiving Tentative Renewals in Macau
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Review Journal

Record Downtown Las Vegas gaming win lifts Nevada

Record Downtown Las Vegas gaming win lifts Nevada. State gaming wins past $1 billion for the 20th straight month. Downtown casinos had a record win of $90.5 million. Strip's 58 licensees won $705.8 million, but it was only an increase of 0. 5 percent over October 2021. The state collected $406.1 million for general fund from July through November. Percentage fee collections through Monday totaled $76.4 million this month, a 6. 4 percent year-over-year increase.
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Record Downtown Las Vegas gaming win lifts Nevada
Review Journal

Disappointing gaming revenue in Macao continues to saddle Las Vegas company-owned operations in the Chinese region as a result of COVID-19 restrictions.

Macao's gaming revenue in November was $374.4 million, a 55.6 percent decline from November 2021. The region's 39 casinos made less money than they did a year earlier in February. Macao is handicapped by travel restrictions and border closures imposed to stop the spread of COVID-19. Las Vegas companies that have operations in Macau are pleased with the fact that their licensees received provisional concessions to continue operating in the Chinese enclave for the next 10 years.
Covid
Disappointing gaming revenue in Macao continues to saddle Las Vegas company-owned operations in the Chinese region as a result of COVID-19 restrictions.
CNBC

Big Las Vegas property owner to take full ownership of two casinos

VICI Properties will buy Blackstone's 49.9% stake in MGM Grand Las Vegas and Mandalay Bay for $5.5 billion. VICi is the largest property owner on the Las Las Vegas Strip. The transaction is expected to close in early 2023. Blackstock shares dropped almost 10%. VicI is putting in more than $1 billion in cash and assuming more $3 billion of Blackstones debt. The deal is good for V ICI as it simplifies the company's structure and highlights its multiple growth paths. Vegas is a high conviction market for Blackestone.
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Big Las Vegas property owner to take full ownership of two casinos
Tekedia

Top 5 Largest Casino Operators in Canada

The top 5 casinos in Canada generate billions of dollars in revenue each year. Operators in the country must obtain a Canadian government license to operate the best gambling websites with the most no deposit casino bonus offers.
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Top 5 Largest Casino Operators in Canada
Shared

The Biggest Casino Wins of All Time

There are many opportunities to play for progressive jackpot payouts online. Casino operators compete with one another using bonuses for new and existing customers. The biggest jackpots in the industry's history were in terms of prize money.
Winnings
The Biggest Casino Wins of All Time
The Jerusalem Post

slot players get more room on floor

Changes to a casino floor’s layout started about 10 years ago and is now a common sight at Las Vegas casinos. Gone are the days of a gambling hall lined with rows of small slot machines and players sitting shoulder-to-shoulder. Now, the casino floors allows for players to stretch out as they play the tall, vibrant slot machine with massive digital screens.
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The New York Times

Related Companies and Wynn to Bid for New Casino in Midtown Manhattan

The mayor, governor, local officials, borough president, Assembly member and local state senator will have a representative on the committee. The gaming commission will decide on where the casinos will be located. New York City officials and developers have debated what to build in Hudson Yards. The site became the centerpiece to the city’s bid for the Olympics. If a casino were built, it would open at a time of more transformation in the neighborhood. Other casino and real estate companies are eyeing sites throughout the New Year's Eve. One of them is Thor Equities, a real-estate firm interested in building a casinos on Coney Island in Brooklyn.
Law
CNBC

Casino stocks take a hit as inflation rocks economy

The American Gaming Association reports that the industry posted $4.99 billion in revenue in April. Caesars Entertainment stock has plummeted 50% so far this quarter. Bally's has dropped 40%, and Penn National Gaming and MGM Resorts are down nearly 19%. On earnings calls in May, casino executives denied seeing any slowdown in customer spending. Derek Stevens, owner of three downtown Las Vegas properties, says the impact from inflation is real.
Finance
Mass Live

Massachusetts Gaming Commission wants more gambling tables running, more dealers hired, at MGM, Encore

MGM Springfield has just 269 card dealers, table games and poker supervisors and managers working. It's still behind the 444 table game and Poker employees it had in March 2020. The state's three casinos are not living up to promises and potential economic impacts. They have recovered from COVID shutdowns that kept casino floors closed from March through July 2020, but they still have problems hiring. Some customers waited as long as an hour for a seat at 6 p.m. at Encore. Plainridge Park is licensed for 1,500 machines, then had 1.320 at the March 2019 shutdown, and now has 946.
Law
The New York Times

A Casino Atop Saks? Lobbyists Push for Manhattan Gambling Site

Gov. Kathy Hochul and legislative leaders may agree to authorize three casino licenses for New York City area. Seven gambling companies are spending roughly $300,000 a month on lobbying to push the state to fast-track the timetable for the final three casinos. The Senate Democrats proposed that operators pay a minimum of $1 billion for each license. It remains unclear if the budget will include a licensing fee. The Assembly, which is controlled by Democrats, did not include the acceleration of casino licences in its initial budget proposal. Hotel workers' union is also pushing to expand gambling in the New Yorkers.
Politics
The New York Times

5 Things to Know About NYC-Area Casinos That May Be Coming

New York State approved the issuance of three new casino licenses for the New York City area in April. The state legalized casinos in 2013, but it agreed not to place any in the downstate region until 2023. Gov. Kathy Hochul wanted to move faster and included a provision in budget to advance the timeline.
Law
The Street

New Casino Owner Closes Beloved Las Vegas Strip Attraction

When a major Las Vegas Strip property changes hands, the new owner usually wants to put its stamp on the property. Bally's - Get Free Report has bought Tropicana, but aside from some signage changes, nothing has changed. Cosmopolitan was recently taken over by MGM Resorts International (MGM) - get Free report. MGM is about to sell Mirage to Hard Rock International.
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The Street

Surprising Las Vegas Strip Casino Getting Major Makeover

The Las Vegas comeback continues. Caesars is redoing its Ballys property under its Horseshoe Brand, MGM has purchased the Cosmopolitan, and Hard Rock International bought the Mirage. Resorts World International opened on the North Strip and the long-delayed Fontainebleau has been put back on track for a late-2023 opening. Wynn Resort - Get Free Report signature property will get a massive renovation.
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The Street

Huge Las Vegas Strip Casino Project Moves Forward

The North Strip is getting closer to opening. Fontainebleau Development has shared the first details of the unique luxury retail shops that will be located inside the resort casino. The project started nearly 20 years ago and went through multiple owners before falling back into the hands of original owners. It will have a "unique integrated design" to create a shopping district spanning 90,000 square feet and featuring about 35 luxury stores on two levels. The resort is expected to open in late-2023. iReport.com will share more information about the Fontainbleu development.
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CNN

Gambling surged to new records last year

The gaming industry brought in $53 billion in 2021. It was the highest-grossing year ever. Sports betting, online gambling and traditional brick-and-mortar gaming at casinos are the biggest contributors. Las Vegas is still trying to get back to normal. The industry is “still reliant on the full return of travel and large events”. The number of visitors to Las Angeles reached 32.2 million in the year 2021, 75% of the pre-pandemic total of 42.5 million.
Industry
The Street

Iconic Las Vegas Casino Getting Huge Makeover

The times are changing in Las Vegas as more casinos are being built or upgraded. Caesars, Get Free Report and MGM are currently undergoing renovations. Circus Circus is also getting an update. Plaza Hotel & Casino is undergoing changes. The Strip is expanding as world class attractions are built on the North Strip and Circa on Fremont St.
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The Street

Another Huge Las Vegas Strip Casino/Hotel Project Moves Closer

Caesars Entertainment and MGM Resorts International own many properties on the Las Vegas Strip. Fontainebleau Las Vega is going to open in late 2023. Hard Rock International bought The Mirage from MGM. The number of properties has increased and the prices have risen. i in the past, new construction on Las Las was expensive and fraught with peril. Now, however, the city is seeing a variety of developments.
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CNBC

Casino industry urges federal prosecutors to crack down on illegal operators

Casino industry urges federal prosecutors to crack down on illegal operators. American casinos, gaming companies and lawmakers are calling on federal authorities to investigate illegal offshore gambling sites. The push comes as sports gambling has quickly expanded in the U.S. in recent years. More than 30 states and Washington, D.C., allow it. Online searches for offshore sportsbooks rose faster than searches of regulated operators last year. More half of gamblers still wager using offshore sites like Bovada, MyBookie and BetOnline. Legal operators spend billions on licensing, marketing and lobbying for the legalization of sports betting in new states.
Law
Casino industry urges federal prosecutors to crack down on illegal operators
The Street

Iconic Las Vegas Strip Casino Makes a Big Retro Change

Few people put Las Vegas on their list for family vacations. There are few activities or events aimed at anyone under 21. The city tried to become a family destination in the 1990s, but it was a failed idea. Now the owner wants to be a Las Las Vella Strip oasis for families. It's not the same as Walt Disney's Disney World or a state fair that mixes family-friendly activities with beer gardens and other adult indulgences.
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The Street

Unique New Las Vegas Strip Casino Faces a Problem

Fontainebleau, a new Las Vegas Strip resort/casino, broke ground nearly 20 years ago. The project has passed through multiple owners and seen construction stop and start multiple times. Now, after almost two decades, it seems on track for a late-2023 opening under the original developer. The development of a resort on the Las Las Vegas Strip is complicated and expensive.
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The Street

Classic Las Vegas-Area Casino Closed, Likely To Be Demolished

The pandemic hurt the big casino players, but the smaller, funkier casinos are still open. Terrible's Hotel & Casino south of Las Vegas in Jean, Nevada closed due to the pand epidemic and it's unlikely it will reopen. It was acquired by MGM when it bought Mandalay Bay property and sold to JETT gaming in 2015. The casino closed on March 17, 2020 and will not reopen until 2021. Players with active accounts on the day of closure will be able to redeem slot points and Comp Dollars earned during the 18 months prior to closure.
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The Street

Legendary Las Vegas Casino Is Close to a Grand Return

Legendary Las Vegas Casino is close to a grand return. Caesars Entertainment and MGM Resorts International - Get Free Report endlessly refresh their hotels. MGM does the same thing because Las Las loves its history and celebrates renewal. The casino that had been shuttered due to the pandemic reopens on April 27 night before the NFL draft.
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The Street

New Move Continues North Las Vegas Strip Casino Resurgence

The North Las Vegas Strip used to be a wasteland, but now it's a vibrant area with two major casinos and another planned. New site has gone on the market that could further help the area's transformation. The Strat, formerly The. Stratosphere, used be the only property on The Strip, which was dominated by Caesars Entertainment (CZR) and MGM Resorts International (MGM) - Get Free Report.
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The Street

Another New Casino Coming to Las Vegas (It's 20 Years in the Making)

Another new casino is coming to Las Vegas. Caesars Entertainment is rebranding Bally's as the Horseshoe and MGM Resorts International is selling Mirage to Hard Rock International. Fontainebleau Las Las on the North Strip will be a huge property featuring 3,780 hotel rooms and 550,000 square feet coming in late 2023. MSG - Get Free Report Sphere at the Venetian will have a 17,500-seat entertainment venue and a basketball-association-ready arena.
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The Street

A New Type of Casino Coming to Las Vegas

The biggest casino operators in Las Vegas go broad intentionally to attract tourists and businesspeople to their properties. Now a smaller casino operator has plans to go after a more specific audience.  
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Market Screener

BETMGM NAMED AMERICAN GAMBLING AWARDS ONLINE CASINO OF THE YEAR

BetMGM has been named 'Online Casino of the Year' by the 2022 edition of American Gambling Awards. The American Gamblings Awards are produced by G.com Group Limited (Nasdaq: GAMB). BetM MGM has an estimated 30% national online casino market share in its four operational states: New Jersey, West Virginia, Pennsylvania and Michigan. The company is committed to providing its customers with innovative gaming experiences and working with premier partners. It also provides responsible gambling education. GameSense is an industry leading program developed and licensed to MGM Resorts by British Columbia Lottery Corporation.
Industry
Casino Guru

Macau concessionaires receive casino license extension

All concessionaires in Macau have been granted a license extension. The new conditions include focusing on tourism as well as gambling. Genting Group Malaysia was the only one to bid for one of the licenses. It was not enough to convince the government to back the group. The concessionaire may invest as much as $12.5bn together to help Macao transition to a more non-gaming-aligned economy. Revenue from dice tables, slot machines and games hit an all-time high of $45bn in 2013 but it came down during the pandemic in 2020 with just $7.6bn.
Travel
Macau concessionaires receive casino license extension
Yogonet

Nevada casinos exceed $1B in revenue for 20th straight month with $1.28B in October

Nevada casinos have exceeded $1 billion in win for the 20th straight month. October's gaming win rose 4.8% over last year. Nevada's casinos generated $12.3 billion over the last ten months. Las Vegas Strip's year-to-date gaming revenue is up 31.1% when paired against the same period in 2019. Every market excluding the Strip grew revenue by 10.6%. Sports betting helped keep revenue above the $1000 mark. North Lake Tahoe saw gaming revenues decline. Slots across the state collected the most win at $877. 3 million. Table, counter and card games generated only $403.4 million, a 6. 4% decrease. Baccarat became the third revenue driver with $66.5 million - a 28% drop.
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Nevada casinos exceed $1B in revenue for 20th straight month with $1.28B in October
Yogonet

Macau: Suspicious Transaction Reports from casino operators down by 15% year-to-date

Suspicious Transaction Reports from casino operators in Macau have declined by 15.5% year-over-year. The number of crimes related to gambling has also dropped. Maca's gaming regulator has recently introduced stricter regulations on the industry. Seven companies have submitted tenders for Macao's six gaming concessions.   The list of companies vying for the 10-years licenses includes Wynn Macaus, Sands China, MGM China and GMM Limited. It also includes Galaxy Entertainment and Melco Resorts. They are also interested in renewing their licenses.
Industry
The Motley Fool

Casino Stocks Got Good News, but Investors Remain Wary

The stock market started the week on the wrong foot. The Dow Jones Industrial Average, Nasdaq Composite and S&P 500 all dropped about 1.5%. Casino stocks have been hit hard over the past three years due to the ongoing impact of the COVID-19 pandemic. Over the weekend, many major casino resort companies got good news from a key governmental regulator.
Finance
Casino Stocks Got Good News, but Investors Remain Wary
123jump.com

Movers: Apple, Energy Complex, Casino Stocks, Taboola

Apple Inc. shares fell 2.2% to $144.94 on the worries that the unrest in China and at its main contractor Foxconn may create a shortage of iPhone Pro models. Taboola.com surged after Yahoo acquired a minority stake. Energy complex stocks traded volatile after crude oil plunged as much as 4%. Casino operators increased after China granted provisional licenses to keep operation running in gambling center Macau.
Finance
Automotive Blog

Clamour for glamour attracts high-rollers to Las Vegas

The Las Vegas F1 GP is the most expensive event on the sport's calendar. The 50-lap race will be held on November 25th. It will take place on a 3.8-mile temporary track with three straights, a high-speed cornering sequence and a single chicane section. Top speeds are expected to hit 212mph. Tickets for the event sold out within 24 hours. VIP packages for up to six people cost US$1 million. The most affordable package is from MGM Resorts. Austin in Texas has played host to the US F3 GP since 2012, Miami in May and Las Angeles in 2023.
Religion
Clamour for glamour attracts high-rollers to Las Vegas
CoStar

Changes in the Cards for Iconic Las Vegas Strip After Big Hotel-Casino Deals

In the past two years, there has been a flurry of hotel investment activity in the Las Vegas market. The total hotel sales volume for the last two year is nearly $16.8 billion. Luxury resort hotels have become a favorite of guests and investors alike. Some of the smaller hotel trades may be overlooked but will likely factor into major property changes in Las Las. The Travelodge Las Vegas Center Strip was sold for $141.5 million in June. Tillman Fertitta, owner of Houston Rockets and Landry's restaurant, bought the hotel and a trio of neighboring commercial properties for a combined $270 million. He also owns the Golden Nugget casino in downtown Las Nevada and recently became one of major shareholders in Wynn Resorts.
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Changes in the Cards for Iconic Las Vegas Strip After Big Hotel-Casino Deals
Conduit Street

MD Casinos Generate $163 Million in February Revenue

MD Casinos Generate $163 million in February Revenue. Last month, Maryland’s six casinos generated $68.2 million. The money was contributed to the Education Trust Fund. In 2018, voters approved an amendment to State Constitution to safeguard State video lottery terminal revenues for education purposes.
Finance
MD Casinos Generate $163 Million in February Revenue
Yogonet

Maryland casino revenues see slight drop to $162.7M in June after May's second-best revenue record

Maryland's casinos have reported flat numbers in June after recording the second best month in May since market launch. Last month, the six casinos generated $162.7 million of gaming revenue, down from $178.8 million in the previous month. The majority of the money goes to the state's Education Trust Fund. MGM National Harbor was the top generator last month with $68.4 million, up 7. 4% from a year ago. Live! Casino & Hotel's gaming revenues were $56 million lower than a previous year. Horseshoe Casino in Baltimores reported $17.1 million.
Finance
Maryland casino revenues see slight drop to $162.7M in June after May's second-best revenue record
Times Square Chronicles

Times Square May Finally Get a Casino

There is talk of a potential casino in Times Square. Gambling is legal in New York from 2023. Several companies are vying to be the first mover.
Travel
Times Square May Finally Get a Casino
The Street

Caesars' Las Vegas Strip Failure Turns Into a Huge Win

The value of a single acre on the Las Vegas Strip is now $10 million. The north Strip has become more valuable because of the development of Resorts World Las. Fontainebleau, a potential NBA-ready arena, and perhaps a Major League Baseball stadium next to Circus Circus have made the south Strip even more expensive. Tillman Fertitta, CEO of FERTITA Entertainment, will pay $200 million for a 6-acre site.
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The Street

Caesars Las Vegas Strip Failure Turns Into a Huge Win

The value of a single acre on the Las Vegas Strip is now $10 million. The north Strip has become more valuable because of the development of Resorts World Las. Fontainebleau, a potential NBA-ready arena, and perhaps a Major League Baseball stadium next to Circus Circus have made the south Strip even more expensive. Tillman Fertitta, CEO of FERTITA Entertainment, will pay $200 million for a 6-acre site.
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The Street

Las Vegas Strip Adds Unique Hollywood-Style Experience

Las Vegas is making a comeback after the pandemic. The city is investing in sports franchises for professional baseball and basketball teams. The NCAA Final Four is coming to the city in 2028. Caesar's Entertainment, MGM Resorts International and Wynn Resort are expressing confidence about the current state of business and forecasts for the future.
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caesars.mediaroom.com

FOUR-TIME GRAMMY© AWARD WINNER KEITH URBAN ANNOUNCES NEW LAS VEGAS RESIDENCY AT ZAPPOS THEATER AT PLANET HOLLYWOOD RESORT & CASINO

Keith Urban has announced a new headlining Las Vegas residency at Zappos Theater at Planet Hollywood Resort & Casino. It will open on March 3, 2023 for a run of 16 dates. Tickets go on sale to the public starting Saturday, November 12 at 10 a.m. PT. Citi cardmembers will have access to presale tickets beginning Tuesday, Nov. 8 at 12 p.M. and until Friday, 11 p.,m., PT through Cite.com. Caesars Rewards members, Caesar's Entertainment's loyalty program, and Live Nation and Ticketmaster customers will get access from Thursday, 10 am PT until 10 pm PT on November 11.
Sports
FOUR-TIME GRAMMY© AWARD WINNER KEITH URBAN ANNOUNCES NEW LAS VEGAS RESIDENCY AT ZAPPOS THEATER AT PLANET HOLLYWOOD RESORT & CASINO
Bravewords

Casinos With The Best Live Music Venues

Casinos are well known for offering a wide variety of entertainment options. They offer dining experiences, entertainment centers, and even massive concert venues. Some casinos cater to their guests more than others. The list below includes casinos with the best live music venues, which offer great chances to win, delicious dining options, a fantastic place to enjoy live Music, as well as private bars.
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Casinos With The Best Live Music Venues
Luxury Lifestyle Magazine

Enjoying the best of luxury Las Vegas in 2023, what’s new in Sin City?

Vegasslots.net outlines how to enjoy Las Vegas in 2023. Las Las Vegas is the entertainment capital of the U.S. with over 40 million annual visitors. Vegasslot's recommends visiting attractions, exploring the highlights of Sin City and relaxing in the luxurious spas and restaurants. . .. The number of tourists visiting Sin Vegas has risen sharply since the pre-pandemic.
Religion
Enjoying the best of luxury Las Vegas in 2023, what’s new in Sin City?
Review Journal

The Mirage opens Nov. 22, 1989, on the Las Vegas Strip

The Mirage opened on Nov. 22, 1989. Steve Wynn bought the name from two motels in the Las Vegas Valley. The resort is expected to keep its brand until at least 2025. It will be sold to Hard Rock International at the end of the year. The opening of The Mirage is considered the start of Las Las' mega-resort boom. Luxor and MGM Grand opened in 1993 and Bellagio in 1998. They followed in The Mira's footsteps.
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The Mirage opens Nov. 22, 1989, on the Las Vegas Strip
Casino Reports

BetMGM to Introduce the First Wheel of Fortune Casino

BetMGM has announced a lucrative agreement with Sony Pictures Television and IGT for the launch of the first full brand-themed digital casino. The casino will be based on the popular game show Wheel of Fortune.
Travel
The Nevada Independent

Increased energy costs cut into Nevada casino company profits in Q3

Caesars Entertainment's third-quarter cash flow from Las Vegas casinos was $480 million. The company's energy costs rose by about $100 million in July, August and September. Meruelo Gaming Group's two casinos are paying higher energy prices. Sahara buys its power outside of NV Energy. Grand Sierra Resort in Reno saw a jump in rates during the third quarter. The 704B law was created in 2001 to allow businesses with a large electric load to leave NV energy's electric service and purchase power from another provider. Some operators took part in the 703B process.
Land-based
Increased energy costs cut into Nevada casino company profits in Q3
Luxury Lifestyle Magazine

The top 4 US cities for casinos and nightlife to visit in 2023

The top 4 US cities for casinos and nightlife to visit in 2023 are Atlantic City, Chicago, Las Vegas and New York. Online casinos like CasinoUSA provided a lifeline to entertainment seekers and kept high-rollers engaged during the pandemic. The appetite for online gaming has remained high ever since. A growing number of users are looking to take their experience into the real world at some of the most opulent land-based casinos across the globe.
Religion
The top 4 US cities for casinos and nightlife to visit in 2023
The Golf Business

PGA hits the jackpot by attracting the gambling industry

Golf is one of the most popular participation sports. Professional golf is attracting huge amounts of money. Online sportsbooks and casinos are betting on golf games at tournaments. The PGA has been on the ball to broker numerous lucrative financial deals. In Europe, the Pga’s EuroPro Tour is in its last season after 20 years. The steady climb in golf gambling is expected to continue at a rapid rate. More sponsorships by casinos and gambling providers are expected. Golf developers introduce a range of high-tech all-singing, all dancing online games. They seem to have hit the jackpot.
Winnings
PGA hits the jackpot by attracting the gambling industry
MarketBeat

Three Ways To Win The Online Gambling Industry

The online gambling industry is growing rapidly and is expected to continue to grow at a high-double-digit CAGR for at least the next 5 years. The industry expects to see an increasing level of profitability as it grows due to leverage of scale and less need for promotional activities.
Industry
Three Ways To Win The Online Gambling Industry
The Street

Forget Covid, the Las Vegas Strip Faces a Growing Health Crisis

On March 17, 2020, Nevada closed all non-essential businesses in Nevada due to the coronavirus scare. Caesar's Entertainment, MGM Resorts International, and Wynn Resort were among the businesses affected. Lady Gaga canceled her "Enigma" performance, Penn & Teller closed shop, David Copperfield went dark. Jonas Brothers, Rod Stewart, Cirque du Soleil, the Academy of Country Music Awards were also affected by the pandemic. People started to travel again after the availability of vaccines. Las Vegas has mostly recovered.
Covid
Forget Covid, the Las Vegas Strip Faces a Growing Health Crisis
Review Journal

Blackstone’s Link Logistics developing North Las Vegas warehouse complexes

Link Logistics is developing two new industrial complexes in North Las Vegas. The company owns around 9 million square feet of industrial space in the region. Blackstone is a major landlord in Las Las Vegans. It bought The Cosmopolitan of Las Vegas for $1.73 billion in 2014 and sold it for $5.65 billion this spring. It also bought Bellagio’s real estate for £4.2 billion and acquired MGM Grand and Mandalay Bay in 2020. Its real-estate portfolio includes several MGM Resorts International-operated properties.
Travel
Blackstone’s Link Logistics developing North Las Vegas warehouse complexes
Yogonet

Massachusetts casinos post $97M revenue in October; MGM Springfield sees best month since March

Massachusetts casinos post $97M revenue in October. MGM Springfield saw its best monthly total since March 2022. Encore Boston Harbor reached a preliminary agreement with Caesars Interactive Entertainment for one of its mobile sports betting licenses. The commonwealth has collected approximately $1.24B in taxes and assessments for the three gaming facilities since their respective openings. Plainridge Park Casino is taxed at 49% of gross gambling revenue. The slots-only Plain Ridge Park is also taxed 49%. It is the first time the data has been released.
Finance
Massachusetts casinos post $97M revenue in October; MGM Springfield sees best month since March
The Street

Las Vegas Strip Casinos Get a Big Win (Gamblers Beware)

The new Resorts World Las Vegas was built during a global pandemic. The company that owns it was worried that the project might not be successful. Now, the Fontainebleau Las. Vegas is moving forward with a planned 2023 opening and the North Strip has an NBA-ready arena and another planned casino from Siegel Group. Las Las casinos are making a comeback. Las Strip Casinos Get a Big Win (Gamblers Beware).
Winnings
UNLV

University of Nevada, Las Vegas

Scott Morrow moved to Las Vegas in the late 1980s to work at The Mirage. He was impressed by the progress of his colleagues with UNLV degrees. Morrow returned to college and got a master's degree in hospitality management.
Religion
University of Nevada, Las Vegas
Seeking Alpha

Searching for green shoots with Macau casino stocks (OTCMKTS:WYNMF)

Macau daily revenue for the week ending November 13 was 37% higher than the first six days of November. The increase is probably due to mass testing for COVID ended on November 5. GGR remains at about 14% of the 2019 pre-pandemic level. Jefferies' top global picks in the casino sector are MGM Resorts International (MGM) and Churchill Downs (CHDN). Jeffery prefers Galaxy and Sands China. Macau casino stocks are Wynn Resort (WYNN), Wynnl (LVS), Las Vegas Sands (SAS), MGM China (OTCPK:MCHVF) (OWK), SJM Holdings (OTCK)
Finance
nhltraderumor.com

Finally, We Can Play NHL Branded Casino Games

BetMGM is launching NHL-branded casino games. The games will be available in New Jersey, Ontario, Pennsylvania and Michigan. They will incorporate favourites such as baccarat, blackjack, roulette and live game Dream Catcher. The content will take place inside an arena adorned with both NHL and team logos. NHL Blackjack will have a table inside the arena skybox. In NHL Roulette, players will move between seats virtually. Dreamcatcher works in a similar way to Wheel of Fortune. It takes inspiration from the TV game show. Evolution Gaming is renowned for producing live casino content.
Games
Finally, We Can Play NHL Branded Casino Games
Travel Market Report

An Inside Look at MGM Resorts in Las Vegas

MGM Resorts' iconic destinations line the Las Vegas Strip from Mandalay Bay to Bellagio. The newest member of the MGM Resort family is The Cosmopolitan of Las Las. Beyond the hotels, each of MGM's resorts has its own unique experiences.
Travel
An Inside Look at MGM Resorts in Las Vegas
iNtergame

Wynn’s UAE casino set for 2026

Wynn Resorts was granted permission to build a resort "with gaming" in January. This week, Wynn CEO Craig Billings confirmed the casino. It will be operating on its own and will probably be bigger than Wynna Las Vegas.
Travel