Nevada

Nevada Reps. Get Support From IRS Advisory Council In Effort To Lift Tax Threshold On Slot Machine Jackpots

Leaders of Congress, including Dina Titus (D-NV) who have been requesting from the Internal Revenue Service (IRS) to increase the tax reporting limit on jackpots from slot machines for almost a decade, have rec...

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...

Nevada Bookmakers Took In $185.6m In Bets On Super Bowl LVIII, Setting a New Record

The Super Bowl, officially hosted by Las Vegas this year, brought in record betting total and small income, regardless of the forecasts that bookmakers across the state would experience a financial hit from the...

Mahomes’ Super Bowl Performance Sets Off the Sports Books’ Overtime Prop Bet Loss

Kansas City Chiefs won the Super Bowl title for the second time in a row to seemingly turn the San Francisco 49ers' title dreams into the sleepless nights of regrets. However, the outstanding performance of Pat...

BetMGM Reached $1.96Billion in Revenues in 2023; Looking to Hit $500 Million EBITDA by 2026

BetMGM, a leading sports betting and iGaming corporation, has released its 2023 financial result. The joint venture of casino and entertainment giants MGM Resorts and Entain reportedly generated almost $2.00 bi...

Oregon Lottery Launches Taylor Swift-Inspired Series of Bets During Super Bowl

One game. Two teams. Three days to face the destiny and learn own capabilities. With almost equal odds, two teams are determined to leave their hearts on the field to win the Big Game. There could be only one, ...

Wynn Macau Ltd Hit Record EBITDAR and Generates $910 Million in Revenues in Q4 2023

Now that the first year of post-pandemic gambling operations has run, financial reports of Macau gambling operators indicate that the industry has fully recovered in the region. Total operating revenues of US$9...

Record Number of Americans Expected to Bet $23 Billion on Super Bowl LVIII

A recent survey of the American Gaming Association (AGA) revealed that 67.8 million American adults will bet on Super Bowl LVIII. The figure representing 26% of the American population therefore sets a new reco...

MGM Resorts’ CEO Bill Hornbuckle Reveals Plans to Produce Its Own Products

MGM Resorts International is working hard towards the expansion in the field of slot machines and live dealer broadcasting. On a mission to blur the border between online and land-based channels the company own...

MeridianBet Awaits Brazilian License and the Completion of Acquisition by Golden Matrix

Since the 2001 launch, an industry pioneer and a leading Southeast European online casino and sports betting operator MeridianBet Group has expanded operations across Europe, Africa, and Latin America to consta...

New Year’s Eve Celebrations At Las Vegas Resorts Projected To Attract Over 400K Visitors

It was recently reported that 356.000 tourists is projected to visit Las Vegas for the upcoming New Year’s Eve celebration. In addition, when you add to that number the the number of locals who will also be cel...