CEO Mark Frissora hinted the company is unlikely to seek revenue growth by hiking parking and resort fees this year. Caesars last raised them in the first quarter of 2018.
“Skill-based slot machines have not gained significant popularity on the casino floor but there are still innovators developing these types of games to gain better traction with a younger demographic,” Nevada Gaming Control Board Chairwoman Sandra Morgan said.
State gaming regulators will review the impact the Justice Department’s new interpretation of the Wire Act will have on the industry in Nevada.
Boyd Gaming said fourth-quarter revenues jumped 33 percent after it acquired more companies but net income fell on a lack of tax breaks.
MGM Resorts International said Chief Financial Officer Dan D’Arrigo is stepping down as the company seeks to trim labor costs.
Las Vegas-based maker of slots and lottery machines said revenue increased to $886 million in the fourth quarter from $823 million a year ago, driven largely by its social and digital segments.