MGM Resorts International (NYSE: MGM) today delivered record first-quarter results helped in part by the operator’s Las Vegas Strip casino hotels and a recently launched points partnership with Marriott International (NASDAQ: MAR)….
Alabama Gaming Package Fate Rests With Senate, Vote Planned for Thursday
The fate of the Alabama gaming package compromise agreed to by a special conference committee consisting of three House representatives and three state Senators rests with the Legislature’s upper chamber. State Sen….
VICI to Provide up to $700M for Venetian Las Vegas Enhancements
VICI Properties (NYSE: VICI) said late Wednesday it will provide up to $700 million in financing for enhancements at the Venetian Resort Las Vegas. That capital will be provided through VICI’s…
Bally’s Not Rushing Tropicana Redevelopment, Sees Chicago Casino Opening Q3 2026
On its first-quarter earnings conference call this evening, Bally’s (NYSE: BALY) told analysts it’s not rushing the issue of redeveloping the site of the Tropicana Las Vegas and that it expects its…
GKL, Lotte Tour see April 2024 casino table sales dip m-o-m
April sales at Grand Korea Leisure Co Ltd (GKL), an operator in South Korea of foreigner-only casinos, fell 19.7 percent month-on-month, to just under KRW32.43 billion. Year-on-year, such sales were down 28.9…
Melco names Tim Kelly as new Property President of City of Dreams Macau
Melco Resorts & Entertainment has named former Wynn Palace and Atlantis Dubai executive Tim Kelly as Property President of City of Dreams Macau. The announcement was made by Melco Chairman and CEO…
Melco targeting Indian market with Sri Lanka casino investment, flags annual GGR up to US$250 million
Melco Resorts & Entertainment’s casino project in Sri Lanka will predominantly target the Indian market, with estimated annual gaming revenues of up to US$250 million per year, the company stated on Tuesday….
FBM launches online gaming platform FBM E-Motion
FBM has kicked off a new chapter in its journey in the Philippines with the launch of its new online gaming platform, FBM E-Motion. The platform was disclosed this week during an…
Macau GGR up 26% year-on-year to MOP$18.5 billion in April
Macau’s gross gaming revenue came in at MOP$18.55 billion (US$2.30 billion) in April, representing a 26.0% year-on-year increase although slightly down on the MOP$19.5 billion (US$2.42 billion) recorded in March. The daily…
MGM China achieves new quarterly record of US$301 million Adjusted Property EBITDAR in 1Q24
MGM China has again reported record earnings in the three months to 31 March 2024, including Adjusted Property EBITDAR of US$301 million at its Macau integrated resorts – up 78% year-on-year and…