Economy/Finance

Station Casinos set leaders for Durango resort

The grand opening of Durango Resort in southwest valley in Las Vegas, a deluxe resort destination developed by Station Casinos and its subsidiary Red Rock Resorts Incorporated, is less than a year away! With...

Macau gradually opens up as officials expect no large-scale infections in future

Macau's authorities announce that this Chinese Administrative Region will be ''gradually opening up'' for visitors from abroad and from mainland China. The COVID outbreak in the community can no longer be contr...

VICI acquires remaining 49.9% interest in Las Vegas Strip iconic properties from Blackstone

Blackstone Real Estate Income Trust, Inc., or BREIT, and VICI Properties Inc, currently the owner of a 50.1% interest in the joint venture that owns MGM Grand Las Vegas and Mandalay Bay Resort, announced today ...

Australia’s Crown Resorts lost $642 million in revenue in FY22

In the past year to June 30th, 2022, Crown Resorts Limited, Australia's largest gaming and entertainment group, saw its revenue decreased by AU 1 billion dollars, which is approximately 679 million US dollars. ...

Macau gaming revenue falls to $374 million in November, three times lower than Nevada levels

Macau's Gaming Inspection and Coordination Bureau (DICJ) informed that the region's casino industry generated gross gaming revenues of MOP$3.0 (US$374 million) in November to mark the industry's 55.6% lower...

Nevada gaming win exceeds $1 billion in October, dowtown Las Vegas hits $90.5 million record

The Nevada Gaming Control Board reported Tuesday that the state gaming industry revenue exceeded $1 billion in October, with downtown Las Vegas hitting a $90.5 million record. The 20th consecutive month with re...

Multiple DraftKings user accounts hacked for $300,000

DraftKings, prominent daily fantasy sports operator, confirmed Monday that many of its customer accounts were compromised by irregular activity on third-party internet sites. The online hacking activity resulte...