Carl Icahn, who has made millions of dollars investing in casino companies, made a splash last week when he invested in Caesars Entertainment stock. The value of Caesars shares,...
Investors have been getting restless, and the casino giant has responded with a new corporate strategy aimed at boosting EBITDA by $300 million or more a year. Promoting technology...
The Stevens brothers last week announced the name and theme of the first new casino to be built in Downtown Las Vegas. The Circa Casino Resort (l.) will honor...
As legislatures return to session, there is an increasing drive in many states to consider the legalization of sports betting. Already legal in nine states, as many as 24...
Atlantic City’s Ocean Resort Casino (l.)—the former $2.4 billion Revel casino which re-opened in June—was taken over by one of its investors last week. Co-owner Bruce Deifik confirmed the...
This week, the GGB Podcast interviews Elaine Hodgson, the president and CEO of Incredible Technologies, a small but innovative slot manufacturing company.
Grand Casinos co-founder and AGA Gaming Hall of Fame member Lyle Berman is using a special-purpose acquisition company to acquire two esports companies. The founder of Grand Casinos, Berman...
Caesars Entertainment has prevailed on departing CEO Mark Frissora to remain in his position at least through the end of April. Frissora was set to leave in February, but...
More Connecticut politicians are looking closer at the proposition of ending the gaming monopoly of the two tribes that operate Foxwoods and the Mohegan Sun (l.). Although the state’s...
The NFL has announced a sponsorship deal with Caesars Entertainment that will make the gaming company the "Official Casino Sponsor of the NFL." The sponsorship begins immediately with the...
The small and economically challenged Balkan state of Albania, which has one of the highest ratios of residents per casinos in Europe, has decided to ban gambling almost totally....
Aquis Entertainment and Casino Canberra are set to be acquired by Michael Gu’s (l.) Blue Whale Entertainment in a deal valued at AU$32 million (US$22.6 million). The deal could...
Last month, China suspended visa applications for tour groups from the Philippines due to “unprofessional operation” by an unlicensed travel agent in China. Individual visas will not be affected...
Macau ended 2018 on a positive note, with total gross gaming revenue up 14 percent year-on-year. GGR came in at almost MOP302.85 billion (US$37.57 billion), compared to MOP265.74 billion...
In an unexpected development, Michigan Governor Rick Snyder (l.) vetoed state Rep. Brandt Iden's online gambling bill, which had passed both the House and Senate with bipartisan approval. Snyder,...
This week, the GGB Podcast features a discussion with Cheryl Moss, a family court judge in Las Vegas who is launching the state’s first gambling court that intervenes in...
AGS will acquire slot supplier Integrity Gaming, along with its installed based of 2,700 Class II and Class III gaming machines, for a cash payment of $49 million. AGS...
The U.S. stock market has been taking a huge hit in the last two weeks. Now maybe regular investors can get a taste of how gaming investors have been...
The American Gaming Association formally named longtime Capitol Hill lobbyist Bill Miller as the trade association’s third president and chief executive officer. Miller most recently serviced as senior vice...