MGM Resorts secures $525 million for National Harbor development Alex Lanter Latest Casino and Gambling NewsCasino project updatesEconomy/FinanceMaryland February 4, 2016 0MGM Resorts revealed in a recent filing that MGM National Harbor LLC secured $525 million funding for the development of...
Two-year losing streak snapped as Pennsylvania casinos set revenue record in 2015 Kim M Latest Casino and Gambling NewsTribal GamingCasino NewsNorth America Casino NewsGaming Industry NewsEconomy/FinanceFinancial Press ReleasesPennsylvania January 18, 2016 0Record revenue in 2015 was reported by Pennsylvania casinos, reversing two consecutive years of declines. Gross revenue from table game...
MGM posts unexpected Q3 profits (China falls) plans REIT spinoff Lars Jones Latest Casino and Gambling NewsLas VegasCasino NewsEconomy/FinanceMergers, Acquisitions & PartnershipsNevada October 30, 2015 0While MGM China Holdings Ltd profits showed a more than 30% decline over the same quarter a year ago, MGM Resorts International...
Letter shows Pamunkey tribe inclined to open casino Kim M Latest Casino and Gambling NewsTribal GamingCasino NewsNorth America Casino NewsGaming Industry News October 26, 2015 0According to a letter obtained by The Washington Post, then-Chief Kevin Brown sent correspondence to tribal members in the weeks...
Increased lottery proceeds helps revenue top $1 billion in Maryland Kim M Latest Casino and Gambling NewsCasino openingsCasino project updatesEconomy/FinanceFinancial Press ReleasesMaryland August 10, 2015 0Topping the $1 billion mark for first time, state officials in Maryland attributed the 2.2 increase from last year to...
MGM expands entertainment options with new flexible-use, 5000-seat venue D. Graham Latest Casino and Gambling NewsLas VegasCasino NewsWorld Casino NewsNorth America Casino NewsNevada July 17, 2015 0MGM Resorts International, along with entertainment and sports business partner AEG have announced plans to build a $100 million, 5000-seat...
Maryland casino industry gains new competition, profit losses expected Sam Mitchell Latest Casino and Gambling NewsCasino openingsMarylandWashington June 17, 2015 0Maryland Live is the largest casino in Maryland, which accounts for the 76 percent casino revenue made in 2014. Horseshoe...
No help for struggling Delaware casinos Lars Jones Latest Casino and Gambling NewsGaming Law & LegislationCasino NewsDelaware June 13, 2015 1Delaware lawmakers are taking no pity on three casinos in the state that say they are being cannibalized by out...
Hedge Fund with less than 1% of MGM shares rattles sword again Sam Mitchell Latest Casino and Gambling NewsCasino NewsNorth America Casino NewsGaming Industry News April 28, 2015 0Last month casino news was filled with Land and Buildings Investment Management requesting MGM Resorts put their property into a...
Pamunkey Indian Tribe may gain federal recognition, MGM proponents resist Sam Mitchell Latest Casino and Gambling NewsGaming Law & LegislationTribal Gaming March 24, 2015 0The Pamunkey Indian Tribe consists of 207 members. The tribe is also one that claims Pocahontas as an ancestor. In...