Business
June 16, 2020
Eldorado Secures $400M Loan from VICI, Sells Land for $103M
Eldorado Resorts announced Monday after stock market close that it entered into deals with VICI Properties to generate $500 million ahead of the completion of its mega-merger deal with Caesars Entertainment. Eldorado Secures Loan from VICI The Reno-based casino operator signed a letter of intent to enter into a $400 million mortgage deal secured by […]
Business
June 14, 2020
No Stopping Eldorado-Caesars Deal of the Century Now
Eldorado and Caesars’ deal will complete “on time,” executives from both companies assure, and now pending regulatory approval. Eldorado Merger with Caesars Going as Planned Two years after Eldorado Resorts and Caesars Entertainment Corp. announced their plan to create a $17.3 billion gaming behemoth, the deal between the two companies seems to move along according […]
Legal
June 11, 2020
New Jersey Licensed Caesars’ Regional President, No News Regarding Eldorado Merger
New Jersey regulator is still to review the proposed merger between Caesars Entertainment and Eldorado Resorts. The Casino Control Commission in the Garden State issued an initial casino key employee license during its meeting Wednesday for Caesars’ Ronald Baumann, and deemed him qualified to serve as Regional President and CEO of Bally’s Atlantic City, Caesars […]
Casino
June 10, 2020
MGM Resorts to Open More Properties, Excalibur on Thursday
MGM Resorts is taking the suspension of operations well and the restart even better. After opening three properties last week, and now resuming operations with the Excalibur, Aria, Mandalay Bay, Four Seasons Las Vegas, and others. More MGM Resorts Opening as Early as This Week in Las Vegas MGM Resorts will open more properties in […]
Casino
June 6, 2020
Oklahoma Lawmakers Appeal to State Supreme Court over Tribal Conflict
Following months of prolonged tit-for-tat exchanges between Oklahoma Governor Kevin Stitt and the state’s tribal operators, no solution is in sight. In the latest move, Republican lawmakers have appealed to the state Supreme Court to settle the ongoing conflict which was sparked earlier this year with the governor trying to renegotiate tribal compacts. Republicans Urge […]
Business
June 5, 2020
AGA Publishes 2019 Figures, Commercial Casinos Collect $43.6bn in Revenue
In a new report summing the “State of Play” in the United States, the American Gaming Association posted a detailed breakdown of the commercial casino landscape in 2019. AGA Publishes New Figures Revealing Growth in 2019 Commercial casinos had a strong 2019 a new report by the American Gaming Association (AGA) revealed on Wednesday this […]
Casino
June 4, 2020
Marketing Campaigns Mark the Reopening of Las Vegas Casinos
With the restart of the casino industry in Las Vegas, marketing campaigns have also resumed in a bid to bring back players and visitors. Casino Industry Restarted, Same Goes for Casino Marketing in the Silver State Shut in mid-March, Las Vegas casinos finally reopened for visitors today, Thursday, June 4. This happened only a day […]
Casino
June 3, 2020
Caesars Drives Forays into Nascent Virginia Gaming Market
The city of Danville in Virginia agreed to welcome a casino to the city as an affiliated operator for Las Vegas gaming and hospitality giant Caesars. Caesars Dips First Toe in Regulated Virginia Casino Market With the casino industry around the United States slowly reopening, Caesars has marked an important landmark, establishing a subsidiary in […]
Poker
May 31, 2020
Pennsylvania Close to Approving WSOP/888poker PGCB Says
The Pennsylvania Gaming Control Board (PGCB) is edging closer to allowing WSOP/888poker to launch in the Keystone State and become the second online poker room available to players in Pennsylvania. PGCB May Soon Okay WSOP and 888poker Launch The Pennsylvania Gaming Control Board (PGCB) is reportedly reviewing Caesars’ application to launch WSOP PA, the World […]
Sports
May 30, 2020
More States Pushing for Legal Online Betting Because of Pandemic
The disruption of traditional sports betting and gambling activities may be an opportunity to expedited online betting legislation, argues the Associated Press in a new article. The Virus and Current Sports Betting Challenges The coronavirus outbreak has incapacitated industries, left millions unemployed and plummeted the U.S. economy with budget deficits piling and the public purse […]