Economy/Finance

Maverick Gaming Opens $2 Million Poker Room in Mountlake Terrace, Washington

On May 19, 2023, Maverick Gaming, one of the youngest and the fastest growing casino operators in the United States, celebrated the grand opening of its new Ace's Poker room in the city of Mountlake Terrace, Wa...
acquisition

Paf Acquires Two 888’s Latvian Brands WilliamHill.lv and MrGreen.lv

One of the most successful betting and gaming companies in the world, 888 Holding Plc, is selling its Latvian operations. Famous brands owned by 888, WilliamHill.lv, and MrGreen.lv will be acquired by Paf Consu...

Macau Casinos Mount Comeback As Mass-Market Players Return; Galaxy Entertainment Group Returns To Pre-Pandemic Profit Levels as EBITDA Reaches US$244M

In the first quarter of 2023, casinos in Macau saw a recovery, with Galaxy Entertainment on Monday the newest to announce a big rebound in profit after the official lifting of Covid-19 restrictions. Returnin...

Light & Wonder Submits Proposal To Purchase Remaining Shares Of SciPlay

Light & Wonder, previously known as Scientific Games Corp, a flagship developer of land-based and digital games based in Las Vegas, Nevada, has reported its latest proposal to purchase the remaining 17% sta...

VICI Properties Inc. Signs Definitive Agreements To Purchase Four Properties From Century Casinos Inc.

On May 17, VICI Properties Inc., a New York-based real estate investment trust, disclosed that it has signed a definitive agreement to purchase the real estate properties of Century Casino & Hotel Edmonton,...

Commercial Gaming Income in Q1 2023 Hits New Quarterly Record, Surpassing $16 Billion

On May 16, the American Gaming Association (AGA) officially unveiled its State of the States 2023 report, offering the final state-by-state economic and regulatory analysis of US commercial gaming in 2022 for p...
mgm

MGM Springfield Records Revenue Increase, Three Massachusetts Casinos Earned $101M

MGM Springfield reported an increase in revenue this year compared to 2022. Neither economic crisis nor growing competition in the online and mobile sports betting industry hasn't had a chance against this indu...

AGA: American Sports Betting Sentiment Rose 22% Since 2018 PASPA Repeal; US Simultaneously Recorded $220 Billion Handle

The Professional and Amateur Sports Protection Act of 1992, known as PASPA, regulated the U.S. sports wagering market until 2018 when Supreme Court ruled that the PASPA conflicted with the Tenth Amendment and r...
oklahoma tribe

Iowa Tribe of Oklahoma and Caesars Entertainment Partnered to Build New Casino Resort

After negotiations and consideration of a few strong candidates, the Iowa Tribe of Oklahoma finally decided to partner up with Caesars Entertainment to manage the new integrated resort which is planned to be bu...
ballys

Ownership Interests of the Bally’s Chicago to the Chicago Residents

Bally’s Corporation, an industry giant, released the information about the draft registration statement on Form S-1 with the Securities and Exchange Commission. The draft is confidentially submitted, and it is ...

Bill Proposal to Limit Macau Gaming Credit Facilities Through Penalty Scheme

The Macau SAR Government proposed a bill that would make concessionaires the sole entities authorized to issue gaming credits. As Inside Asian Gaming reports, the bill would prohibit casino management companies...