Gambling Business

Gambling Business

MGM CEO Says the Company ‘Lost Control’ of Pricing Narrative in Las Vegas

Oct 31, 2025 Lidia Moore

Bill Hornbuckle, president and CEO of MGM Resorts International, publicly conceded this week that the company allowed certain prices in Las Vegas…

Gambling Business

Trump Media Unveils Truth Predict, a New Prediction-Market Platform

Oct 30, 2025 Lidia Moore

Trump Media & Technology Group (TMTG) has announced a new partnership with Crypto.com to introduce Truth Predict, a prediction-market service embedded within…

Gambling Business

The Boring Company Expands Las Vegas Loop with New Property Acquisitions

Oct 29, 2025 Lidia Moore

Since the Las Vegas Loop launched in 2021, subsidiaries of The Boring Company have quietly acquired at least eight properties directly along…

Gambling Business

Evolution CEO Compares Sweepstakes Casinos to Riverboat Gambling

Oct 28, 2025 Lidia Moore

Martin Carlesund, Chief Executive Officer of Evolution, made the comparison during the company’s third-quarter earnings call, arguing that sweepstakes-style operations occupy a…

Gambling Business

O’Hare and Midway Poised to Add Slot Machines

Oct 28, 2025 Lidia Moore

Legislation tied to Illinois’ 2019 casino bill allows slot machines to be installed at Chicago’s O’Hare International Airport and Midway Airport, and…

Gambling Business

Derek Stevens Buys Land Under Historic Golden Gate

Oct 27, 2025 Lidia Moore

The casino owner confirmed that the $19 million transaction for the land under the Golden Gate closed last week, according to county…

Gambling Business

Singapore Drives Las Vegas Sands’ Q3 Surge as Marina Bay Sets Record EBITDA

Oct 23, 2025 Lidia Moore

TheMarina Bay Sands (MBS)reported $743 million in adjusted EBITDA for the quarter, a jump of 83% from $406 million a year earlier…

Gambling Business

Pennsylvania Gambling Revenue Hits $535.8 Million as Online Play Surges

Oct 23, 2025 Lidia Moore

The Pennsylvania Gaming Control Board reported total gaming revenue of $535.8 million for September 2025, a 5.9% rise from $505.9 million in…

Gambling Business

Macau Prosecutor Warns of Sharp Rise in Gambling-Related Crime

Oct 23, 2025 Lidia Moore

Prosecutor General Tong Hio Fong told reporters as he presented the Public Prosecutions Office’s annual report that while the overall caseload edged…

Gambling Business

Betfred Says Retail Business at Risk as UK Prepares for Possible Gambling Tax Hike

Oct 20, 2025 Lidia Moore

The operator’s new chief executive, Joanne Whittaker, told national press the company is preparing for a "worst-case scenario", saying the measures under…