Casino
December 12, 2022
Bally’s and IUOE Seal Labor Neutrality Deal for Tropicana Las Vegas Employees
International casino and entertainment company offering online sports betting and iGaming solutions Bally’s Corporation has sealed a labor neutrality deal with the 10th largest union in the American Federation of Labor and Congress of Industrial Organizations (AFL–CIO), the International Union of Operating Engineers (IUOE). The latter counts around 400,000 active members spread across 123 local […]
Business
September 28, 2022
Bally’s Lands on the Strip, Completes Tropicana Deal
The global casino-entertainment company, Bally’s Corporation, announced Tuesday it completed the planned acquisition of the non-land-based assets of the Tropicana Las Vegas. Bally’s Corporation Completes Tropicana Takeover Bid To complete the takeover, Bally’s agreed to purchase the non-land-based assets of the Tropicana Las Vegas in a cash purchase of $148 million, payable to Penn Entertainment and Gaming & Leisure Properties Inc (GLPI). […]
Industry
November 30, 2020
Penn National Gaming Generates Strong $1.13 Billion Revenue
The company posted high third-quarter results, despite the ongoing social constraints and closures. Moving to cashless technologies in brick-and-mortar casinos, as well as the creation of a new growth channel are some of the highlights. The entertainment industry has been one of the most affected by Covid-19, which forced the shutdown of physical locations and […]
