IN-DEPTH ANALYSIS FOR THE GAMING INDUSTRY
Global Gaming Awards
MGM Resorts cuts 254 positions; more to follow in coming weeks
MGM Resorts International has cut 254 positions companywide and there will be more to come over the next few weeks, according...
Novomatic reports loss for fiscal year despite 10% revenue growth
Novomatic has reported a 10% year-on-year rise in revenue for its 2018 fiscal year, to €2.6bn ($2.9bn). The global supplier reported positive...
Boyd Gaming Q1 revenue boosted to $827.3m by 2018 acquisitions
Las Vegas-headquartered Boyd Gaming reported Q1 revenue of $827.3m, a 37% year-on-year rise. The operator reported net income of $45.5m for the...
Svenska Spel revenue declines 6% in first quarter since re-regulation
State-owned Swedish operator Svenska Spel saw net gaming revenue decrease 6% year-on-year in Q1 to SEK 2.05bn ($197.4m). Sweden re-regulated and opened...
NetEnt Q1 revenue and profit fall after Nordic "slowdown"
Nordic countries accounted for "almost the entire slowdown," as NetEnt suffered a year-on-year fall in both revenue and profit for Q1. CEO...
Indiana sports betting takes a step closer, as bill heads to governor
The State of Indiana House has passed legislation to allow sports betting. House Bill 1015 has now been sent to the governor,...
NetEnt partners with DraftKings in New Jersey
NetEnt has signed an online casino supplier agreement with DraftKings in New Jersey, having been awarded a permanent license for the...
Swedish government to examine online casino advertising ban
Sweden’s government is considering banning online casino advertising as it looks to tackle rises in problem gambling. Reported in Swedish newspaper Expressen,...
Rhode Island remains behind expectations despite positive March
Rhode Island’s sports betting market achievied its best month to date for March, although the figures were still short of the...
PGCB issues $242,500 in fines for underage and free spin offences
The Pennsylvania Gaming Control Board (PGCB) has approved fines totalling $242,500 against two casino operators. Sands Bethworks Gaming, an operator of Sands...
Las Vegas Sands CEO praises international efforts in Q1 results
Operator Las Vegas Sands has announced consolidated net revenue of $3.65bn for the first quarter of 2019, an increase of 2%...
Affinity Gaming promotes COO to replace Caesars-bound Rodio
Effective immediately, Mary Elizabeth Higgins, Affinity Gaming's former CFO and COO, has been named the company's new CEO. Higgins has nearly 20...
Penn National to close Resorts Casino Tunica
Increased competition from recent gaming expansions in Arkansas has forced Penn National Gaming to begin procedures to close Resorts Casino Tunica,...
Pennsylvania breaks gaming revenue record for March
Total gaming revenue in the state of Pennsylvania for March reached a record $314.6m, including $5.5m in sports betting revenue. The March...
Wynn Resorts and Scientific Games partner to launch US sports betting
Scientific Games will partner with Wynn Resorts to launch digital sports betting and online gaming applications in the US. This is the...
Anthony Rodio appointed new Caesars CEO
Caesars Entertainment has appointed Affinity Gaming's Anthony Rodio as Mark Frissora's successor in the role of CEO. The current Affinity Gaming CEO...
March Madness drives NJ sports betting to second biggest month
Sports betting in New Jersey enjoyed its second-most active month in March, with $372m wagered during the month and the sportsbooks...
Fourth tower planned for Marina Bay Sands in Singapore
A fourth tower is to be added to the Marina Bay Sands resort in Singapore. Unlike the other three towers, which were...
New campaign attempts to legalise gambling in Nebraska
Pro-casino gambling groups in Nebraska are to put forward a petition in favour of gambling...
Caesars board to officially approve sales process
Caesars Entertainment is set to announce its board has approved a sales process, according to reports. The New York Post says pressure...
Mansion's Casino.com fined $506,000 by Dutch regulator
Dutch gaming regulator, the Kansspelautoriteit (KSA), has issued a €450,000 ($506,000) fine to Gibraltar-based Onisac Limited, the sister company of Mansion...
Rank Group Managing Director Retail resigns
Alan Morgan has resigned from his position as Rank Group Managing Director Retail. The operator has seen consistent declines in its retail...
Wynn Resorts terminates Crown Resorts talks
Las Vegas-based casino operator Wynn Resorts has terminated "all discussions" with Crown Resorts over a potential takeover. Australian casino operator Crown earlier...
Svenska Spel stops all online casino advertising
State-owned Swedish operator Svenska Spel has fully ceased its online casino advertising, a policy which will apply to all of its...
Atlantic City’s casino profits fall 15% for 2018
Casino gross operating profits in Atlantic City fell by 15% for 2018, to $582m. Despite a 7% increase in net revenue to...
Stride Gaming lowers revenue expectations; CEO updates on strategic review
Stride Gaming has lowered expectations for its six-month financial results ending 28 February 2019. The board expects net gaming revenue to be...
Crown Resorts confirms Wynn Resorts takeover talks
Australian casino operator Crown Resorts has confirmed it is in confidential discussions with Wynn Resorts regarding a potential takeover. Crown has received...
VICI Properties and Hard Rock International acquire Jack Cincinnati
VICI Properties and Hard Rock International have entered into definitive agreements to acquire the Jack Cincinnati Casino for approximately $745m in...
Exclusive Q & A: SG Digital re-brands its two partner streams
Gambling Insider exclusively spoke with Steve Mayes, Partnership Director at SG Digital, and Rob Procter, Studio Director at SG Digital, about the...
“Disappointed” Australian casino will “vigorously pursue” $30.6m VIP player debt
The Star Entertainment Group says it will “vigorously pursue” a A$43.2m ($30.6m) debt owed by a VIP player from Singapore. Wong Yew...
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