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Record Macau profits see MGM China terminate $750 million loan facility from parent MGM Resorts

March 20, 2024 - Macau concessionaire MGM China has terminated a $750 million revolving loan facility provided by parent company MGM Resorts International in late 2022, arguing that it no longer needs the money.... Read more »

Churchill Downs’ Exacta Systems installs 175 terminals at The Brook

March 5, 2024 - Churchill Downs Incorporated this week announced that Exacta Systems has finished installing 175 Exacta Connect historical horse racing terminals at The Brook in Seabrook, New Hampshire. Exacta Systems, acquired by... Read more »

DraftKings to expand with $750 million deal for Jackpocket

February 15, 2024 - One of the biggest players in the sports betting business in Ohio, and nationally, late Thursday announced a $750 million deal that could grow its business. DraftKings Inc. announced that... Read more »

Nigeria: With US$975 million spent daily gambling, lawmakers move to stop sports betting

February 15, 2024 - The House of Representatives has resolved to stop sports betting in the country and urged the National Lottery Regulatory Commission (NLRC) to comply with the Lottery Regulatory Commission Act of... Read more »

Macau’s DICJ reveals mass table games accounted for 75% of all GGR in 4Q23

January 17, 2024 - Macau’s mass gaming tables continues to increase their market share, accounting for 75.2% of total table revenue in 4Q23 – up from 74.4% in the September 2023 quarter and from... Read more »

Off-Strip hotel near Las Vegas Convention Center sells for $75M

January 16, 2024 - The SpringHill Suites by Marriott Las Vegas Convention Center, located just off the Strip, has sold for $75 million, according to Clark County property records. Richmond-Virginia-based Apple Hospitality REIT, bought... Read more »

Kentucky: Ellis Entertainment gets approval for $75 million Owensboro gaming facility

January 4, 2024 - The Owensboro Metropolitan Planning Commission has approved the final plans for a new Ellis Entertainment facility, Owensboro Racing and Gaming. The project, involving Churchill Downs Inc., is set to bring... Read more »

North Carolina: Harrah’s Cherokee Valley River Casino & Hotel’s $275M expansion on schedule for late 2024

December 11, 2023 - Harrah’s Cherokee Valley River Casino & Hotel held a media tour of the $275 million construction site for the 25,000 square foot expanded gaming floor, 296-room hotel tower, and 1,500-space... Read more »

Sports betting parent company Entain clears $775 million in fines

November 29, 2023 - Gambling operator Entain, the company behind half of the BetMGM joint venture with MGM Resorts, has received preliminary approval to solve a legal issue around alleged offenses under the Bribery... Read more »

Betsson eyes new acquisitions after €75.0m bond issue

September 6, 2023 - Betsson has completed a €75.0m ($80.6m) bond issue, revealing it plans to use the funds to pursue new investments including acquisitions. The senior unsecured bond issue comprises a framework of... Read more »