On volume that was nearly 50% above the daily average, Penn slipped 8.66% on Friday after Truist analyst Barry Jonas wrote in a report that Penn is unlikely to evaluate a sale…
Carano Family, Caesars Biggest Shareholders, Selling California Vineyard for Almost $8M
The Carano family — the largest non-institutional owners of Caesars Entertainment (NASDAQ: CZR) stock — are attempting to sell their California vineyard for $7.975 million. The late Don Carano and his wife…
New Mexico Cops Release Details on Shootout With Suspect at Casino Lot
A convict fired two shots at officers before they returned gunfire while at a lot at Sandia Resort & Casino, according to new details from New Mexico authorities. The alleged shooter, Nicolas…
Reports 5,000 people evacuated after fire breaks out at Resorts World Genting theme park
Genting Malaysia said there were no reported injuries after a large fire broke out at its Genting Highlands theme park on Friday afternoon. The blaze at the SkyAvenue shopping mall began at…
Patrick Dumont says Las Vegas Sands “here for the long term” in fight for Texas IR
Las Vegas Sands President and COO Patrick Dumont says his company is in Texas for the long-haul as it ups the ante in its fight to bring legalized casino gaming to the…
Macau government generates US$889 million in gaming tax revenue in May
The Macau SAR government recorded revenue from gaming tax of MOP$7.15 billion (US$889 million) in May, down 9.9% compared with April’s gaming tax revenue of MOP$7.94 billion (US$986 million) although 25.4% higher…
Reports claim 50,000-capacity Macau outdoor concert venue to be built alongside SJM’s Grand Lisboa Palace
According to reports, the Macau government intends to build an outdoor concert venue for 50,000 people on a piece of land adjacent to SJM’s Grand Lisboa Palace. At the Legislative Assembly’s Question…
Former AFL boss Gillon McLachlan named Tabcorp’s new Managing Director and CEO
Australian racing and wagering giant Tabcorp Holdings Ltd has announced the appointment of former AFL CEO Gillon McLachlan as its new Managing Director and Chief Executive Officer. Confirming one of the nation’s…
Chinese Embassy in the Philippines calls for POGO industry to be shut down
The Chinese Embassy in the Philippines has again called on the Philippine government to ban its offshore gaming industry, claiming that the “vast majority” of Chinese citizens involved in their operations are…
Genting Still Mulling New York Stock Listing
Genting Malaysia Bhd is still considering a New York equity listing that would be comprised of an entity holding some of the company’s US gaming assets. The long-talked-about move is viewed as…