Casino moguls

Cybersecurity Incident At MGM Resorts International Causes System Outage Across Its US Properties

Following a 2019 hacking incident reported by the Las Vegas Review Journal, MGM Resorts International has now experienced another cyber security issue that has disrupted few hotel computer systems and casinos a...

Delaware Court Ruled Okada Manila Out Of Merger Deal With 26 Capital

The Delaware judge ruled on September 7, 2023 that Okada Manila, the largest casino in the Philippines, is not obliged to complete a special purpose acquisition company (SPAC) merger agreement with the US-based...

Golden Matrix Unveils Earnings For Q3 2023; Net Loss Due To Pending Acquisition Costs Of MeridianBet Group

Golden Matrix Group Inc. (GMGI), one of the flagship global iGaming groups, which offers sportsbook, casino and competition products and is based in Las Vegas, revealed revenue data for its third quarter ended ...

Nevada Gaming Control Board Recommends Approval of Licenses For Station Casinos

Recently, the Nevada Gaming Control Board (NGCB), Nevada’s regulatory body, proposed approval of licenses for Station Casinos, owned by Red Rock Resorts Inc., involving validation of executives and officers for...

Churchill Downs And Urban One Executives Reveal Rebranded Plans And New Name For Proposed Richmond Casino

Officials from Churchill Downs Incorporated and Urban One have disclosed the newest proposal for a casino, resort and entertainment property named Richmond Grand Resort and Casino. Additionally, they pointed ou...
mgm

MGM China Invests MOP$15 Billion in New MICE and Arts Spaces in Macau and Cotai

MGM Macau and MGM Cotai, MGM China’s Macau resorts, are getting the new MICE and art space. MGM China is owned by the global industry giant MGM Resorts International, which is based in the U.S. An advanced, ...

Star Entertainment Group Reveals FY23 Profit; Significantly Reduces Debt

Star Entertainment Group, an Australian-based gambling and entertainment company, revealed yearly earnings on August 29 as business continues to balance and profits grow in every segment, further helping the fi...

95 Jobs Cut As Crown Sydney Shuts Down One Of Its Two Gaming Floors

Crown Sydney, which is owned by Crown Resorts, has shut down one of its two gaming spaces and cut 95 jobs only a year following its opening. The only VIP casino for global gambling high-rollers: The casin...

SJM Holdings Experiences 241% Year-Over-Year GGR Growth

SJM Holdings, a flagship owner, operator and developer of casinos and IRs in Macau, revealed gross gaming income (GGR) of HK$5.66 billion, approximately US$722 million, for the three months to June 30th, 2023, ...

Boyd Gaming’s Local Properties Donate $100,000 To Aid Relief Efforts After Hawaii Wildfires

Tragically, at the beginning of this month across Hawaii, but mostly on the island of Maui, a series of deadly wildfires broke out, causing the death of at least 111 people and extensive damage, predominantly a...

Las Vegas Sands Submits Zoning Application For Proposed NY Casino

Las Vegas Sands, an American casino and resort company based in Las Vegas, Nevada, is very serious about a proposed New York casino-resort which will be located in Nassau County, Long Island. Relatedly, a zonin...