Nevada gaming revenue reaches $15.6 billion in 2024, Strip sees decline
Record-Breaking Year for Nevada’s Gaming Industry Nevada has made headlines by surpassing a total gaming revenue of $15.6 billion in 2024, marking the fourth consecutive year of record-breaking performance. This surge in revenue, however, wasn’t uniform across the state, as the Las Vegas Strip experienced a 1% decline, driven by a 7% drop in baccarat […]
Connecticut Moves to Join Multi-State Online Poker Agreement
The Future of Connecticut’s Online Gaming: A Leap Into Multi-State Online Poker Key Points Introduction of Senate Bill 1464 aims to include Connecticut in the Multi-State Internet Gaming Agreement (MSIGA). New framework to facilitate agreements with states, territories, and tribes for online poker and gaming. Bill provisions focus on consumer protections and fair gaming practices. […]
New York Moves to Ban Sweepstakes Casinos Amid Regulatory Concerns
New York Takes a Stand Against Online Sweepstakes Casinos The New York Senate has made headlines with a decisive legislative move aimed at banning online sweepstakes casinos. This bill, championed by Senator Joseph Addabbo, has advanced out of the state’s Racing, Gaming, and Wagering Committee, showcasing a proactive stance against unregulated online gaming that resembles […]
Henderson Approves Expansion for Inspirada Station Casino Project
Station Casinos Secures Approval for Inspirada Station Expansion Key Points The Henderson Planning Commission approved an expansion for the Inspirada Station casino site, adding 14.1 acres mainly for parking. The expansion aims to bolster the casino’s gaming and hospitality facilities as part of Station Casinos’ broader growth strategy. Red Rock Resorts, the parent company, continues […]
BetMGM to Manage MGM’s Sportsbook Operations in Las Vegas
BetMGM Secures Major Expansion in Las Vegas Sportsbook Management BetMGM, a collaboration between MGM Resorts International and European gambling giant Entain, has recently been granted authorization by the Nevada Gaming Commission to manage all sportsbook operations across nine major MGM properties in Las Vegas. This strategic move, officially confirmed on February 27, 2025, sets a […]
Leadership Shift at Las Vegas Sands: Goldstein Steps Down, Dumont Steps Up
Leadership Transition at Las Vegas Sands Las Vegas Sands is poised for a pivotal change in its leadership structure. Robert G. Goldstein, the current chairman and CEO, is set to transition into a senior advisor role starting March 1, 2026. He will continue playing an integral part in government relations and strategic initiatives until March […]
Revised Projections for Macau’s Gaming Revenue Amidst Market Adjustments
Macau’s Gaming Revenue Forecast Revised for 2025 Investment banking firm Jefferies has adjusted its forecast for Macau’s gross gaming revenue (GGR) in 2025, with new expectations set at MOP$240 billion, approximately US$30 billion. This represents a 2% reduction from previous estimates and aligns closely with projections by the Macau government following a slower-than-anticipated start to […]
Macau’s Casino Dining Scene Flourishes in Michelin Guide Hong Kong & Macau 2025
Macau’s Culinary Excellence Recognized by Michelin Guide 2025 In the latest edition of the Michelin Guide Hong Kong & Macau 2025, the gastronomic landscape of Macau has reached new heights. A total of 19 Michelin-starred restaurants are featured in this year’s guide, highlighting the vibrant and diverse dining scene supported by both established and new […]
Bally’s Pioneers Community Investment in Bronx Casino Venture
Bally’s Bronx Casino: A Revolutionary Community Investment Bally’s Corporation is revolutionizing community involvement with its latest casino project planned for the Bronx, New York, situated adjacent to Ferry Point Park. This initiative offers local residents a unique investment opportunity in the casino, granting them a potential stake in its future success. Key Points Bally’s is […]
Robinhood Partners with Kalshi to Launch Diverse Prediction Markets Hub
Expanding Horizons: Robinhood Launches Prediction Markets Robinhood, widely recognized for its user-friendly stock trading platform, is charting new territories by launching a prediction markets hub within its app. This initiative, in collaboration with Kalshi, marks Robinhood’s strategic shift towards engaging users with speculative financial activities. Key Points Users can wager on political, economic, sports, and […]