Regional casino operator Penn National Gaming said Friday it was acquiring an Illinois-based slot machine route operator for an undisclosed price that will give the company ownership of more than 1,100 slot machines in 270 locations around the state.
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Casinos & Gaming
Regional casino operator Pinnacle Entertainment reversed a net loss in the second quarter, crediting results from the Las Vegas-based company's Midwest properties.
Gaming and Leisure Properties grew revenue 1.9 percent in the third quarter but saw a slight dip in profits.
It might not be drawing all the publicity as its neighboring arena project on the Strip, but the new park under construction next to New York-New York that will lead people from the Strip to the $375 million arena is showing its first green signs.
Macau's slumping casino market contributed to a 72 percent decline in profits at Wynn Resorts Ltd. in the second quarter.
The bankruptcy judge overseeing the reorganization of Caesars Entertainment's largest division said Wednesday the company could not pursue a fast appeal to his ruling that allows bondholder lawsuits to proceed.
Two Wall Street analysts said in research notes Wednesday that MGM Resorts International may be considering selling The Mirage to focus on other development aspects for the Strip casino giant.
Leading Las Vegas sports bettor Glen Cobb was sentenced to one year of probation Tuesday for his role in what federal prosecutors alleged was a multimillion-dollar illegal gambling operation.
Baccarat results on the Strip sunk statewide gaming revenue in June.
Global Cash Access, which provides financial transaction equipment to the casino industry, grew revenue 42 percent in the second quarter to $206.4 million, thanks to its purchase of slot machine maker Multimedia Games at the end of last year.
First he developed the employment website Jobbi in 2007. Now, Lawrence Vaughan, 30, is out to change the way people play poker as the co-founder of Real Gaming.
The opening of the $250 million Plainridge Park Casino last month wasn’t exactly the grand unveiling Massachusetts gaming backers envisioned more than four years ago.
There is a reason Nevada’s gaming industry has avoided getting involved in the estimated $15 billion a year online fantasy sports business. Most — but not all — believe the growing activity constitutes unregulated gambling.
Mitch Garber has turned Caesars Interactive into a social gaming giant. After having zero cash flow from social gaming in 2010, the balance sheet may show some $250 million in cash flow this year.
The D Las Vegas’ owner took to social media Wednesday saying the Blarney Stone had been stolen from its display on the casino’s second floor.
Caesars Entertainment Corp.’s bankrupt operating division recorded a net income of $24.9 million during May, according to a securities filing.
Nevada gaming regulators on Wednesday tentatively approved the $341 million merger of slot machine route giant Golden Gaming with casino operator Lakes Entertainment, turning the family owned business into a publicly traded company.
Full House Resorts CEO Dan Lee was given a tentative Nevada gaming license, seven months after he led a takeover of the Las Vegas-based casino company.
While Nevada continues to pretend times haven’t changed, Macau appears determined to ban smoking in casinos. Is it a step forward, or an attempt to step on some controversial casino operators from Las Vegas?
MGM Resorts International sold its Reno casino holdings Tuesday to Eldorado Resorts for $72.5 million, giving the Northern Nevada company ownership of Circus Circus Reno and a remaining 50 percent stake in the Silver Legacy.
A manuever in Greece hits the bottom lines of Nevada’s two largest slot machine manufacturers, costing Scientific Games Corp., and International Game Technology millions of dollars in revenue and cash flow.
Real estate investment trust Gaming and Leisure Properties on Tuesday sweetened its 3-month-old proposal to acquire Pinnacle Entertainment’s land holdings Tuesday, offering a higher share price and better stock incentives.
As SLS Las Vegas nears its one-year anniversary in August, it’s become clear the north Strip hotel is having trouble finding its niche in the resurgent Strip market.
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