Category: Commercial gaming

Virginia casino revenue reached a new high in February The record gaming action comes as Virginia lawmakers seek additional gaming Gov. Spanberger is undecided on whether she’ll sign two gaming bills Virginia’s five casinos reported record revenue in February, with players losing $95.2 million to the houses. Virginia Gov. Abigail Spanberger is pictured in March…

The ratings agency continues to rate the casino giant non-investment grade Fitch applies a “stable” outlook to MGM rating Fitch says headwinds remain in Las Vegas MGM Resorts International’s (NYSE: MGM) credit rating was affirmed at BB- with a “stable” outlook today by Fitch Ratings. The Las Vegas Strip at night. Fitch affirmed MGM’s credit…

Second guest reports scorpion sting inside Silver Sevens hotel room Arizona bark scorpion identified after guest captured video of culprit Incident raises questions about pest control at Las Vegas hotel A woman says she was stung by a scorpion while walking barefoot in her room at Silver Sevens Hotel & Casino last December. Linda Culler…

Lawmakers have authorised a sixth Casino in Virginia The final decision will stand with voters in Fairfax County If approved, the casino can only operate on a 30-acre site Virginia lawmakers have authorized a sixth casino in the commonwealth, but voters in Fairfax County will have the ultimate say in whether the gaming license is…

Marina Bay Sands, operated by Las Vegas Sands, is the most profitable casino in the world MGM believes its Osaka integrated resort could eventually compete on that level MGM Osaka is expected to open in 2030 Executives from MGM Resorts International (NYSE: MGM) believe it’s possible that the company’s Japanese casino hotel project could eventually…

Morningstar says Caesars should seek at least a 10% premium to the firm’s $35 fair value estimate Another analyst warned of potential regulatory headwinds if Fertitta wins the takeover tussle Caesars Entertainment (NASDAQ: CZR) should be able to command more in a possible takeover than the $34 a share Tilman Fertitta and the $33 per…

Construction at Wynn Al Marjan Island resumed following a brief halt caused by Iranian attacks on UAE resorts Wynn says it’s in regular contact with the US and UAE governments Wynn Resorts (NASDAQ: WYNN) said earlier this week that construction at the site of its casino resort in the United Arab Emirates (UAE) resumed following…

Tilman Fertitta rumored to be readying $7 billion takeover bid of Caesars The Golden Nugget owner is reportedly mulling an offer of $34 a share for the casino giant Caesars stock gave back Wednesday gains Shares of Caesars Entertainment (NASDAQ: CZR) declined Thursday, giving back a late Wednesday surge stoked by rumors Tilman Fertitta is…

“What’s Really at Stake?” is a campaign in Pennsylvania to curb underage gambling The PSA comes from the Pennsylvania Gaming Control Board March is Problem Gambling Awareness Month Gambling in Pennsylvania is more prevalent than ever before, with player losses reaching almost $6.8 billion in 2025. With constant ads for sports betting and casinos continuing…

Cardrooms sue California attorney general over sweeping new blackjack restrictions Rules could cut half of cardroom jobs and force closures Cities risk losing millions used for police, fire, and services California’s looming restrictions on blackjack in cardrooms are an “unprecedented power grab” by state Attorney General Rob Bonta that will have disastrous economic consequences, according…