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Nebraska: Lincoln and Lancaster County determining casino revenue allocation

November 17, 2022 - In just five weeks, the 433 slot machines at Lincoln’s Warhorse Casino paid out $800,000 to the state’s Property Tax Credit Fund – $28,500 for compulsive gamblers’ assistance and $143,000... Read more »

Illinois reports second-highest casino revenue in 13 months

March 13, 2024 - The Illinois Gaming Board has reported that the state generated nearly $137.7 million in casino revenue in February, the second-highest casino figure in the past 13 months. While February’s revenue... Read more »

Lottery business fuels IGT fourth-quarter revenue growth

March 12, 2024 - Lottery business continued to drive International Game Technology in the fourth quarter. A 7% rise in that segment’s revenue helped the company smash Wall Street’s projections for the period. Adjusted... Read more »

Announcing ‘all-time high’ revenues in H1, Betsson CEO says Netherlands return still a possibility

July 20, 2023 - Betsson AB CEO Pontus Lindwall insists that the global gaming group has ‘not shut the door’ on the Netherlands despite withdrawing its licence application there. The CEO addressed investors in... Read more »

Wall Street Bets: Analysts on gaming, leisure, and lodging, Juneteenth travel, Michigan revenue, VICI, and Chicagoland gaming

June 26, 2023 - In a note released June 25, Jefferies Equity Analyst David Katz said the company recently hosted 20 gaming, leisure, and lodging companies at a conference in Nantucket. Katz wrote that... Read more »

MGM China could be first Macau operator to reach pre-COVID mass revenue in 1Q23: Morgan Stanley

March 15, 2023 - MGM China is on track to become the first of Macau’s concessionaires to see mass gaming revenues reach 100% of their pre-COVID levels this quarter, according to the latest industry... Read more »

Light & Wonder touts growth; fourth-quarter revenue tops forecasts

March 3, 2023 - Year-over-year North American installed base growth and higher average daily revenue per unit pushed fourth-quarter net revenue higher and past Wall Street forecasts for Las Vegas-based cross-platform games company Light... Read more »

Debt cuts, aftereffects of business sales help Light & Wonder reverse loss, boost revenue

May 11, 2022 - The sale of its lottery and sports betting businesses and continued debt cutting helped Light & Wonder, the Las Vegas-based developer of cross-platform games and entertainment, boost first-quarter revenue to... Read more »

Virginia: Vote related to potential Richmond casino tax revenue postponed

April 26, 2022 - On Monday, the Richmond City Council delayed a decision regarding the allocation of potential tax revenue from a possible casino. The council discussed a pair of proposals with Richmond Mayor... Read more »

Michigan: FireKeepers owners detail record 2021 local and state revenue contributions

March 31, 2022 - The Nottawaseppi Huron Band of the Potawatomi (NHBP), owners of FireKeepers Casino Hotel in Battle Creek, Michigan, Thursday announced $27.4 million in contributions to state and local revenue boards. Just... Read more »