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MGM Resorts and Caesars Entertainment Still Considering Merger

MGM Resorts and Caesars Entertainment in merger talks

Reports are emerging that MGM Resorts and Caesars Entertainment are continuing their talks for a potential merger between the two massive casino firms. Sources close to both companies have said that while talks are ongoing, there has been no formal offer placed on the table. However, MGM is apparently taking the potential merger seriously and […]

The $1.6 Billion Mega Millions Jackpot Has Been Won

Mega Millions $1.6 billion jackpot won

The record-breaking $1.6 billion Mega Millions lottery jackpot has officially been won! There was just one winning ticket, which was bought by someone from South Carolina. The laws in South Carolina allow winners to remain anonymous, so it’s unlikely we will find out who won. The final official total of the jackpot came to $1.537 […]

Mega Millions Jackpot Largest in History

Mega Millions Lottery Jackpot hits $1.6 billion

The Mega Millions lottery jackpot currently sits at a staggering $1.6 billion, which makes it the largest jackpot in history. This comes after no one managed to pick all six numbers correctly, following Friday’s draw. Even before Friday’s draw, the jackpot was the largest it had ever been for the Mega Millions lottery. However, officials […]

SLS Las Vegas Gets $100 Million Renovations

SLS Las Vegas gets $100 million renovation

The SLS Las Vegas Hotel and Casino is set to receive a $100 million renovation from its current owner, Alex Meruelo. The SLS has long been underperforming and has even been made fun of, thanks to its performance and the strange statue found at the entrance. With these new renovations, Meruelo is hoping to turn […]

UK Bans Withdrawal Limits for Online Gambling Websites

UK Bans restrictive and unfair online gambling withdrawal policies

The UK has recently told online casinos that they will need to remove any form of withdrawal restrictions for players. Following a report by the UK’s Competition and Markets Authority (CMA), it has been determined that players must be allowed to withdraw their money whenever they decide to. The investigation by the CMA occurred following […]

Resorts World Catskills Loses $37 Million in Q2

Resorts World Catskills suffers $32 Million in losses in Q2 2018

Things don’t seem to be going so well for Resorts World Catskills. The hotel and casino opened its doors back in February 2018, and there was plenty of excitement to go around. The property looked set to revitalize the area, but things haven’t worked out that way. Recent figures released suggest that Resorts World Catskills […]

Boyd Gaming Signs Deal with FanDuel Group

Boyd Gaming and FanDuel sign deal

Boyd Gaming recently announced that it had signed a deal with the FanDuel Group. The new partnership will be centred on offering land-based and online sports betting in the United States. As the sports betting market in the USA continues to grow, numerous companies are looking for partnerships that could give them an advantage. The […]

Caesars Entertainment Stock Trading Halted

Caesars Entertainment stock trading halted

Caesars Entertainment saw trading of its stocks halted this week, following the company’s second quarter conference call. During the call, company executives stated that demand in Las Vegas was slowing slightly and that expectations should be lowered. This didn’t appear to sit well with investors, who were scared off by the comments. Comments Spark Halting […]

Resorts World Catskills Sees Half its Predicted Revenue

Resorts World Catskills Currently Underperforming

Resorts World Catskills opened its doors in February 2018. It was thought that it would be the crowning achievement of New York’s casino expansion plans. However, things have not been going according to plan, and since opening, it has brought in less than half of what its predicted gaming revenue. So far, Resorts World Catskills […]

Delaware Sports Betting Handles Over $7 Million

Delaware sports books handle $7 million in first 20 days

Delaware became the first state outside Nevada to legalize full-scale sports betting. In the first 20 days, over $7 million was handled by the state’s new sportsbooks. This is quite an impressive achievement. It will be interesting to see how New Jersey’s sports betting operations perform after a similar time period. Delaware keeps over $400k […]

Delaware Casinos Finally get Tax Relief

Delaware Casinos finally receive tax relief

Delaware casinos can finally breathe a sigh of relief, as tax relief is on its way. The states three racinos have been struggling for some time, asking for lawmakers to assist. Finally, after nearly a decade of requests, their requests have been answered. On Thursday last week, the state senate based a bill that outlines […]

Atlantic City Casinos Post $723 Million Profit in 2017

Atlantic City Casinos make $723 million in 2017

Atlantic City casinos enjoyed a good year in 2017. The seven casinos reportedly made $723.2 million in gross operating profits last year. These profits were derived from gaming, hotel revenue, dining, and entertainment. When referring to gross operating profits, the Atlantic City casinos are talking about their earnings before interest and taxes, as well as […]