MGM Resorts CEO and President Bill Hornbuckle has defended the promotional activity of Macau subsidiary MGM China amid criticism from rival operators, pointing to strong margins in the March 2024 quarter as…
Melco cites renewed marketing initiatives as 1Q24 gaming revenues climb 53% year-on-year to US$913 million
Melco Resorts & Entertainment Chairman and CEO Lawrence Ho has pointed to the implementation of new marketing initiatives at the company’s Macau integrated resorts for improved fortunes in 1Q24, which saw total…
MGM Investor Diller Gets Another Chance at Nevada Gaming License
Barry Diller, whose IAC/InterActiveCorp (NASDAQ: IAC) is the largest shareholder in MGM Resorts International (NYSE:MGM), will get another shot at a full gaming license when he appears before the Nevada Gaming Control…
Alleged Murderer Reportedly Bit Off Victim’s Eye, Ear Near Las Vegas Strip
A homeless man allegedly chewed off another man’s eyeball and ear during a Sunday morning attack near The Strip. The mangled victim died and the suspect later was charged by Las Vegas…
Caesars Appoints Kim Harris Jones to Board of Directors
Caesars Entertainment (NASDAQ: CZR) today announced the appointment of Kim Harris Jones to its board of directors. Harris Jones, who has extensive experience as a high-ranking executive in both the consumer discretionary…
888 Ad Campaign Becomes Political Football in London Mayoral Race
Online gambling giant 888 has agreed to pull part of its new ad campaign from London’s public transport system after it became a political football for opponents of the city’s incumbent mayor…
Iowa College Athletes Sue for Damages Over Botched Illegal Gambling Probe
A group of Iowa college athletes who were prosecuted by state authorities under dubious circumstances are suing for damages. In a civil lawsuit filed Friday in the Des Moines federal court, 26…
More challenges for Melco’s Cyprus IR as occupied north halves income tax rate on local casinos
In what looms as another challenge for Melco Resorts & Entertainment’s European venture City of Dreams Mediterranean, casinos in the north of Cyprus will soon have their income tax halved, according to…
Macau’s hotel occupancy rate hit 84.8% in 1Q24, led by five-star hotels
Macau’s hotel occupancy rate grew by 9.9 percentage points to reach 84.8% in the three months to 31 March 2024, with the occupancy rate of five-star hotels at 87.1% according to information…
First speakers announced for G2E Asia Conference in Macau
G2E Asia has released its first list of speakers for the upcoming G2E Asia Conference, to be held at The Venetian Macao from 4 to 6 June 2024. The event will represent…