Golden Nugget Lake Tahoe has completed a significant phase of renovations at its Stateline, Nevada, property, marking a major milestone in an ongoing transformation that began after the resort’s acquisition and rebranding. The latest round of updates spans hotel accommodations, dining venues, entertainment areas, and retail offerings, with management positioning the improvements ahead of the busy winter season. The property, formerly operating as the Hard Rock Hotel & Casino Lake Tahoe, officially became a Golden Nugget resort in September 2023. […]

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Pennsylvania’s gambling market has set a new benchmark, with the Pennsylvania Gaming Control Board (PGCB) reporting a historic $6.39 billion in combined revenue for the 2024/25 fiscal year. The figure, which surpasses the $5.89 billion achieved in 2023/24, reflects growth across multiple verticals, including slot machines, iGaming, table games, sports wagering, video gaming terminals (VGTs), and fantasy contests. The state’s fiscal year runs from July 1 through June 30. Along with record revenue, the PGCB confirmed tax contributions also hit a high, generating approximately $2.79 billion for public […]

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Houston billionaire Tilman Fertitta has announced his intention to step down as CEO of Landry’s Inc. and several other business and nonprofit positions should he be confirmed as the U.S. Ambassador to Italy and San Marino. This decision was outlined in a letter he sent to the U.S. Office of Government Ethics on March 16, where he detailed his plans to avoid any potential conflicts of interest. Fertitta, who has built an extensive business empire spanning restaurants, casinos, and entertainment […]

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Michigan’s online casino and sports betting market reached new heights in October 2024, setting a record with $220.7 million in gross receipts. This marks the state’s highest-ever monthly total for iGaming, surpassing the previous record of $215.2 million set in March. However, sports betting revenue dropped significantly during the same period, reflecting contrasting trends within the state’s gaming landscape. The Michigan Gaming Control Board reported that iGaming adjusted gross receipts (AGR), which account for promotional deductions, also hit a record […]

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New Jersey’s online gambling sector achieved a significant milestone in October 2024, with revenues reaching an all-time high of $213.6 million. This figure surpasses the previous record of $208 million set in September and highlights a continuing shift toward digital gaming over traditional in-person casino activities. Internet Gambling Outpaces Brick-and-Mortar Casinos The New Jersey Division of Gaming Enforcement’s latest figures reveal that for the first time, internet gaming revenue has exceeded in-person casino earnings on a consistent basis, barring brief […]

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Michigan’s iGaming and sports betting operators reported a robust performance for July 2024, with combined gross receipts hitting $220.86 million. This marked a 3.2% increase from the previous month, demonstrating sustained growth in these sectors. The breakdown of the gross receipts for July shows iGaming leading with $191.44 million, while sports betting contributed $29.42 million. These figures represent a slight shift from June’s performance, where iGaming grossed $183.2 million and sports betting $30.9 million. The overall adjusted gross receipts (AGR) […]

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In the western American state of Nevada, the Clark County Commission has reportedly given Fertitta Entertainment Incorporated the green light to bring a 43-story casino hotel to a six-acre plot of Las Vegas Strip land. According to a Wednesday report from the Las Vegas Review-Journal newspaper, the firm run by billionaire American businessman Tilman Fertitta (pictured) is already responsible for the Golden Nugget Las Vegas facility and similarly gambling-friendly venues in the states of New Jersey, Louisiana and Mississippi. The […]

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The New Jersey Division of Gaming Enforcement (DGE) just released the revenue reports for gambling in the state for the month of July. Casinos, horse tracks, and online providers were able to earn over $480 million last month, which was an increase of over 6% from the previous year. While the revenue numbers are good, the land-based casinos in Atlantic City are still struggling to reach earning totals from before the onset of the pandemic. The amount of cash won […]

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Resorts Casino in Atlantic City, New Jersey, was able to reach a new agreement with the casino workers union, marking the latest facility in the region to do so. Now the Golden Nugget remains the last casino in Atlantic City that does not have a new agreement. Plans are for officials of the casino to negotiate today with the Local 54. The Resorts Casino Deal According to union president Bob McDevitt, Resorts agreed to a union deal with the same […]

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In the western American state of Colorado and Fertitta Entertainment Incorporated has reportedly signed a deal that is to see it pay approximately $43 million in order to acquire the Wildwood Hotel and Casino. According to a Monday report from The Gazette newspaper, the Houston-headquartered parent of land-based casino firm Landry’s Incorporated and iGaming operator Golden Nugget Online Gaming Incorporated signed the purchase arrangement in November as part of an ill-fated plan to go public. Although this envisioned float has […]

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