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.
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.
