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Hard Rock, Genting Pursuing Crown Resorts Takeover Following Wynn Fallout

Hard Rock Crown Resorts James Packer

Hard Rock International and Genting Group are both exploring a takeover of Crown Resorts, the Australian casino giant that is actively pursuing offers. Following Wynn Resorts’ abrupt termination of discussions with the Aussie casino operator, analysts at Deutsche Bank say Hard Rock – which is owned by the Seminole Tribe in Florida – and Malaysia-based…Read More

Steve Wynn Could Soon Be Banned From Wynn Resorts Casinos, CEO Matt Maddox Found Suitable in Nevada

Steve Wynn Resorts Matt Maddox Encore Boston

Should Steve Wynn try and step foot on a property owned by the casino empire he founded 17 years ago, he might be quickly escorted off the premises by security personnel. Wynn Resorts tells the Massachusetts Gaming Commission (MGC) it’s willing to ban its billionaire founder and former CEO from accessing its properties in Nevada,…Read More

Caesars Entertainment Readying for Sale, Golden Nugget Billionaire Tilman Fertitta Remains Interested

Caesars Entertainment acquisition Carl Icahn

Caesars Entertainment will soon officially put the company up for sale, sources say, and Golden Nugget billionaire Tilman Fertitta is said to be at the center of the acquisition talks. The New York Post claims sources close to Caesars reveal the company will formally announce its intentions to be acquired as early as this week….Read More

US State Department Says Vietnam Ending Ban on Locals Gambling Increases Money Laundering Risks

State Department Vietnam casino money laundering

The US State Department has issued concerns over the Vietnam government deciding to end the county’s prohibition on citizens having access to integrated casino resorts. The $4 billion Corona Casino on Phu Quoc Island – which opened in January with 1,000 slot machines and 100 table games – began welcoming Vietnamese residents this year. Until…Read More

Former Casino Owner Bruce Deifik Death Reignites ‘Revel Curse’ Fable, Ocean Resort Changes Name

Revel curse Bruce Deifik Atlantic City casino

This week’s death of Bruce Deifik in a car accident has added lore to the supposed “Revel Curse” of the casino he once owned in Atlantic City. Deifik died late Sunday night in Denver, Colorado, after driving home from an MLB game. Authorities say he was driving at a “low speed” when he suffered a…Read More

Boston Globe Pressures Massachusetts Regulators to Demand Wynn Resorts Fire CEO Matt Maddox

Wynn Resorts Boston casino Matt Maddox

Wynn Resorts CEO Matt Maddox’s days could be numbered, as pressure is mounting from the powerful Boston Globe’s editorial staff who are insisting that state regulators demand his removal in order for the casino company to retain its critical gaming license in Massachusetts. The Massachusetts Gaming Commission (MGC) held three days of hearings last week…Read More

Atlantic City Casino Profits Plunge 15 Percent in 2018, Increased Competition Blamed

Atlantic City casino revenue gaming industry

Atlantic City casino profits fell more than 15 percent last year, as added competition in the beachfront gaming town resulted in reduced bottom lines. The New Jersey Division of Gaming Enforcement (DGE) released the Q4 and 2018 full-year earnings reports for the city’s nine casinos on Monday. For the 12 months that ended December 2018,…Read More

Maryland Casinos Report Record Win, Live! Gains Market Share on MGM National Harbor

Maryland casinos gaming revenue Live! MGM

Maryland casinos won $163.2 million last month in, a record haul in terms of gross gaming revenue (GGR). MGM National Harbor again led the way, with the property reporting more than $62.7 million in casino win. The $1.4 billion integrated resort that’s located just 11 miles from the National Mall in DC said GGR increased…Read More

President Donald Trump Speaks at Republican Jewish Coalition, Appeals to Las Vegas Billionaire GOP Megadonor Sheldon Adelson

Donald Trump Sheldon Adelson 2020 odds

President Donald Trump was in Las Vegas over the weekend to speak at the Republican Jewish Coalition (RJC), tout his pro-Israel policies, and meet privately with GOP megadonor Sheldon Adelson and the casino billionaire’s wife Miriam. The RJC – a group that seeks to improve relationships between the American Jewish community and Republican lawmakers –…Read More

Scientific Games Plans Public Listing for Social Gaming Business Unit

Scientific Games social gaming IPO stock

Scientific Games, one of the largest manufacturers of gaming industry and lottery equipment, has filed with the US Securities and Exchange Commission (SEC) to hold an initial public offering (IPO) for its social gaming business. In a statement, Scientific Games says the social gaming business will officially be known as “SciPlay” and will be traded…Read More

Super Nintendo, Minions Theme Parks Coming to Resorts World Sentosa in Singapore

Super Nintendo Resorts World Sentosa

Super Nintendo World, an immersive entertainment theme park, is part of Resorts World Sentosa’s $3.3 billion expansion plans that were announced this week. Parent company Genting says the massive expansion will increase gross floor area by roughly 50 percent, as more than 1.7 million square feet of new space is being added. “This major expansion…Read More

City of Dreams Mediterranean Construction Beginning This Month, $617M IR Expands Melco Portfolio

City of Dreams Mediterranean Melco Resorts

City of Dreams Mediterranean is breaking ground this month on the EUR $550 million ($617 million) integrated casino resort that will feature 100 tables and around 1,000 slot machines. Melco Resorts – the casino operator that has properties in Macau and the Philippines – is developing the Cyprus complex that will be situated on more…Read More

Injured Circus Circus Rollercoaster Rider Is Double Amputee, Investigation Ongoing

Circus Circus rollercoaster accident Las Vegas

The Circus Circus rollercoaster rider who was injured last month is a double amputee, Clark County records show. Last month, a woman fell from the El Loco rollercoaster inside Circus Circus’ Adventuredome theme park. According to Clark County records, the injured is a woman between 25 and 30 years of age, and is a double…Read More

Palms Unveils $1M Weekend Package for Three-Night Stay at Refurbished Las Vegas Casino Resort

The Palms Las Vegas casino resort

The Palms in Las Vegas is offering Sin City’s wealthiest visitors a three-night weekend package that costs a cool $1 million. The off-Strip casino resort is undergoing a $690 million renovation by Station Casinos – the casino operator that purchased the property in 2016 for $312.5 million from the Maloof family. This weekend, the Palms’…Read More

Wynn Resorts Board Member Blames Elaine Wynn for Failing to Disclose Her Ex-Husband’s Alleged Sexual Misconduct

Wynn Resorts Encore Boston casino

Wynn Resorts board member Patricia Mulroy told the Massachusetts Gaming Commission (MGC) this week that a certain amount of blame rests on Elaine Wynn in regards to her former husband’s alleged sexual misconduct. It wasn’t the only bombshell testimony on Wednesday: Wynn Resorts CEO Matt Maddox admitted the company and himself were in denial after…Read More