Casino Destinations

VICI Properties acquires Foundation Gaming’s properties for $293 million with 8.3% capitalization rate

Real estate investment trust, VICI Properties Inc., has purchased the real estate assets of the Fitz Casino & Hotel (“Fitz”), located in Tunica, Mississippi, and the WaterView Casino & Hotel (“WaterView...

Maverick Gaming purchases four properties in Washington in $80.5 million investment

Fast-growing gaming company, Maverick Gaming LLC, has announced the purchase of four card rooms in Washington State. Chips Casino in Lakewood, Goldies Casino in Shoreline, Palace Casino in Lakewood, and Riversi...

Macau GGR expected to exceed $22 billion by 2027 to incur additional 20% tax to operators

Analysts at Morgan Stanley are predicting that Macau's gross gaming revenue values will exceed $22 billion by 2027. The predictions follow the signing of new gaming concession contracts by Macau's six operators...

Hard Rock takes over The Mirage from MGM for $1.1 billion to change Las Vegas skyline

The iconic volcano attraction of the Las Vegas Strip, The Mirage, has officially changed ownership. Following the approval of the Nevada Gaming Commission, the giant Hard Rock International closed the purchase ...

Macau allocates gaming tables and slot machines to impose contingency to operators

The new concession period in the Macau gambling industry commences on January 1, 2023. The Macau government has therefore announced the allocation of tables and slot machines following its previous announcement...

Rank Group’s five-month overview showing Grosvenor venues offset Group’s growth

The Rank Group Plc, the largest casino and bingo operator by venue in Great Britain, has provided a trading performance overview from July through November 2022. Rank has also updated its profit expectations fo...

Six Macau Casino Operators Sign 10-year gaming contracts with Macau Government

Today, six incumbent casino operators in Macau signed a productive 10-year gaming contracts with the Macau government and received gaming licenses to operate in the world's largest gambling city. Signing by ...
chicago bally's

Chicago Plan Commission Approves Bally’s Chicago Casino Proposal

The plans for the Bally's casino in Chicago are already prepared. The one thing that everyone was waiting for was approval from the city's planning agency, which was finally announced on Monday.    The zonin...

Genting opens Resorts World Hudson Valley casino on December 28 in Orange County, 60 miles north of Manhattan

Genting America’s has confirmed that the grand opening of its Resorts World Hudson Valley (RWHV), New York’s newest casino, will take place on December 28. Genting commenced construction in summer 2021 to make ...
philippines

Privatization of Philippines Casinos Gains Secretary’s Support

Benjamin Diokno, the Philippines' Department of Finance Secretary, announced the plans for the Philippines casinos. The plans for privatization have been recently resurrected, and PAGCOR is about to privatize t...