Casino moguls

Newport World Resorts Hits Newest Yearly High in GGR for 2023; Non-Gaming Income up 40%

It was recently revealed that Newport World Resorts managed to reach the newest yearly high in terms of gross gaming income collected for the previous year, surpassing PHP34.2bln, which is roughly $600.38m. Add...

Bally’s Corporation Rejects Acquisition Bid to Focus on Chicago and Online Casino Operations

Following the closure of the landmark Tropicana Las Vegas casino 2 April 2024, the owner Bally’s Corporation is looking for the best option to focus its operating strategy in the near future. In the circums...

888 Holdings Signs Purchase Agreement to Sell Select US B2C Assets to Hard Rock Digital

888 Holdings, the London-listed firm, has officially completed its strategic consideration of its American B2C operations. The outcome of the deliberation was that the firm came to the agreement to sell chosen ...

Golden Circle Casino Opening at Witchita Greyhound Park Pushed Back to Sept 2025 Due to Construction Delays

The official opening of Phil Ruffin’s $128m historic horse racing (HHR) casino, called Golden Circle, at the Wichita Greyhound Park will take longer than originally anticipated. Reason for opening date chang...

TABCORP CEO Steps Down After Alleged Use Of “Offensive And Inappropriate Language” In The Workplace

Adam Rytenskild, chief executive of TABCORP, has resigned from the firm, following the initiation of an inquiry by the board into whether he utilized offensive and inappropriate language in the workplace, accor...

Wynn Las Vegas Takes Legal Action Against Fontainebleau For Supposedly Trying To Steal Its Workers

For a very long time, executives of the Wynn Las Vegas believed that Fontainebleau was actively trying to copy the unique experience that Wynn provides to its guests. It went so far that Fontainebleau began poa...

Galaxy Ent. Releases Financial Report For 4Q23 & FY23; GGR Grew 6% Sequentially In 4Q23

Galaxy Entertainment Group revealed net income of HK$10.3bln, which is approximately US$1.32bln, for the period of 3 months leading to December 31 of the previous year, which jumped by 254% compared to the prev...

Las Vegas Sands Faces Another Legal Challenge Over Its NY Casino-Resort Plans

Recently, New York State Supreme Court Justice Sarika Kapoor, the very same judge who formerly invalidated lease of the Las Vegas Sands (LVS) with Nassau County last November, decided that LVS doesn't have a le...

MGM China’s Adjusted Property EBITDAR Reaches All-Time High For 4Q23 And FY23

For one of Macau’s 6 concessionaires, MGM China, last year was its best year of all time in terms of income collected, as it officially revealed all-time highs for 4Q23 and entire year Adjusted Property EBITDAR...

Crown Resorts Investigation Discovers Its CEO Ciaran Carruthers Didn’t Break Any Regulation or Law

Following an investigation by Crown Resorts into allegations that its chief executive, Ciaran Carruthers, permitted patrons to re-enter its Melbourne casino after being removed by the security, the said firm ca...