With hundreds of millions of casino revenue-sharing dollars from the Seneca Nation on hold, and no end to the dispute in sight, cites and small town across western New...
Forget the Sum of Caesars’ Parts—It’s the Parts That Count
It’s a great time to buy gaming assets—which makes it a great time to sell them. When it comes to Caesars, that’s what Eldorado Resorts will look to do...
Blackstone Eyes Bellagio, MGM Grand
Private equity giant Blackstone is looking for marquee hospitality names. MGM Resorts International is looking to fund a mega-casino in Japan. This could be a match made in gaming...
Genting Goes All In in New York
The Malaysian gaming conglomerate is taking full control of Resorts World Catskills in New York. It should prove enough to keep the struggling casino hotel out of bankruptcy. But...
Encore Boston Harbor Takes a Big Bite Out of Competition
Call it the Boston behemoth. Wynn Resort’s $2.6 billion Encore Boston Harbor (l.) has taken a sizable chunk of business from rival casinos in Connecticut and Rhode Island. Investors...
It Looks Bad for Crown. The Question is, How Bad?
Once again, Australian casino giant Crown Resorts is in the hot seat, with its VIP business the target of least two government investigations at home. The company will survive...
More U.S. Tariffs Could Squeeze U.S. Operators in Macau
If Donald Trump (shown with Chinese Premier Xi at a December 2018 meeting) follows through on his plan to impose a new 10 percent tax on billions of dollars’...