By Ameana Jones Caesars and Eldorado Resorts Finally Close Their Long-Awaited MergerJuly 21, 2020 On Monday, July 20, Eldorado Resorts Inc. announced that it had finally completed the $17.3 billion buy out of Caesars Entertainment Corporation. The merger which consisted of $8.58 billion in cash and stock plus an additional $8.8 billion worth of Caesars Entertainment’s debt, has been generating a lot of buzz in the gambling industry. This […]
By Elaine West Indiana Approves Eldorado-Caesars MergerJuly 14, 2020 The mega-merger between Caesars Entertainment and Eldorado Resorts is drawing nearer to closing thanks to the approval from the states that are involved. Last week, the gaming regulators in Nevada gave the green light to the two gaming companies leaving only Indiana and New Jersey on the list of approvals needed for the merger to […]
By Tomas Medon More Popular Retail Casino Brands Reopen This WeekJune 23, 2020 After months of no gambling action, casino lovers across several states in the United States are now returning to the gaming tables thanks to the reopening of several retail gambling venues. Plans to revitalize the land-based casino industry have been underway for quite a while but the implementation of these plans has been relatively slow […]
By Tomas Medon PGCB Releases Gaming Revenue Figures for April 2020May 19, 2020 The Keystone State, just all other states in the country, has been feeling the pinch of the coronavirus pandemic and not much has changed for the past month. The gambling industry in Pennsylvania was set to be an obvious casualty. March was a challenging month for the gaming industry and April was no different. Land-Based […]
By Ameana Jones Tribal Casinos Prepare to Open Despite Shutdown OrdersMay 5, 2020 Efforts to contain the coronavirus pandemic are still ongoing with a slowdown still looming over several businesses across the United States as well as several other parts of the world. As expected, the gambling industry which significantly relies on social spaces has been one of the biggest casualties of the shutdown that resulted from the […]
By Tomas Medon Mohegan Gaming to Launch Casino Resort in South Korea in 2022April 14, 2020 Renowned casino and hospitality operator Mohegan Gaming & Entertainment has recently revealed that it is making preparations to begin implementing its plans for a large Integrated Resort (IR) in Incheon, South Korea. This is just one of the pieces of the puzzle when it comes to the company’s global expansion plans. The operator’s decision to […]
By Elaine West Casino Industry Takes A Hit Amid Coronavirus PandemicMarch 17, 2020 The coronavirus outbreak continues to wreak havoc across the world and a number of businesses are already feeling the pinch. The gambling industry, in particular, has taken quite the hit especially considering how popular the retail gambling space is. However, this is a necessary step towards containing or at least restricting the spread of COVID-19 […]
By Tomas Medon Casino and Sports Betting Bills Approved in VirginiaMarch 10, 2020 For decades lawmakers have been opposed to the introduction of any form gambling expansion bill to the state of Virginia. Despite from a considerable number of citizens and state lawmakers, previous bills that pertained to gambling expansion have not been very successful. Well, that is until now. Last Sunday, Virginia lawmakers approved a number […]
By Ameana Jones Stars Group Cuts Jobs Ahead of Merger with FlutterMarch 3, 2020 Renowned Canadian online gambling operator The Stars Group has recently let go of a number of its employees at its office in Dublin. The move comes amid the company’s preparation for its long-awaited merger with the Irish-based Flutter Entertainment which was arguably its biggest rival in the gaming space. The job cuts in question were […]
By Elaine West New General Manager to See Wind Creek Through Expansion EffortsFebruary 28, 2020 On February 24, Wind Creek Bethlehem casino welcomed a new general manager after Brian Carr stepped down from being its executive vice-presidents and general manager. Taking his place is Kathy McCracken who had been serving as the gaming operator’s executive vice-president of marketing and operations. Not much detail is available on the reason why Brian […]