Articles by Erik Gibbs
Austria-based gaming equipment supplier Novomatic AG has outlined its plan to purchase all remaining shares of Ainsworth Game Technology Ltd. At present, Novomatic owns 52.9% of Ainsworth’s shares and is aiming to complete a full acquisition through a newly proposed transaction.
MGM Resorts International has confirmed it will close in-person concierge offerings at the majority of its Las Vegas Strip properties starting today. The company announced the decision via email, outlining that the closure will affect the Mandalay Bay, MGM Grand, New York-New York, Park MGM, The Signature, and Vdara.
Fitch Ratings has raised concerns over the long-term stability of US-based casino operators in Macau due to ongoing US-China tensions. The ongoing trade war and a weakening Chinese economy could force changes when the concessions expire.
MGM Resorts International has expanded its partnership with Playtech plc by opening a new live dealer studio at the MGM Grand in Las Vegas. MGM Live represents a significant advancement in the delivery of interactive gaming experiences and is currently pending regulatory approval before it can begin offering online wagers.
Planet Hollywood is re-entering the Las Vegas poker scene nearly four years after closing its previous poker room due to COVID-19. The property also expects to host a number of high-profile poker events.