During her inaugural State of the City address, Las Vegas Mayor Shelley Berkley unveiled a major addition to the city’s downtown revitalization efforts: Circa 2 Casino & Resort. This new venture, spearheaded by casino developer Derek Stevens, is set to rise on the northeast edge of Symphony Park—a growing 66-acre district positioned as a hub for culture, arts, and commerce....
Accel Entertainment, Inc. recently shared its impressive financial results for the first quarter ending March 31, 2025. The company saw record-breaking revenue of $323.9 million, a 7.3% increase from the same period in 2024. Net income surged by 97.0%, reaching $14.6 million, while adjusted EBITDA also rose by 7.1%, totaling $49.5 million. Expanding operations and strong performance: Accel’s performance was boosted by its expansion efforts, both...
Macau experienced a remarkable surge in both visitor arrivals and gaming revenue during the recent five-day Labour Day Golden Week holiday, significantly exceeding initial expectations. From May 1 to May 5, the city welcomed 850,034 visitors, averaging over 170,000 arrivals per day. This represented a 40.5% increase over the previous year’s total of around 605,000, surpassing government forecasts that had...
Ryan Seacrest, the renowned host of American Idol and Wheel of Fortune, is being sued over his involvement in promoting Chumba Casino, an online social slot game app, which is accused of operating illegally in California. The lawsuit, filed by Aubrey Carillo, claims that Seacrest’s endorsement of Chumba Casino led to financial losses and contributed to the rise of gambling addiction. Allegations of illegal gambling and...
Genting Malaysia Bhd has announced its decision to acquire the remaining 51% stake in Empire Resorts Inc. for US$41 million (RM177 million), gaining full control of the loss-making gaming operator. The acquisition will increase Genting Malaysia’s ownership of Genting Empire Resorts LLC (GERL), which owns Empire Resorts, a company already partially under Genting’s control. The transaction includes a debt assumption of US$39.7 million from Kien Huat Realty III Ltd, a company...
The State of California and Governor Gavin Newsom have filed a federal lawsuit challenging the U.S. Department of the Interior’s recent decision to authorize the Koi Nation’s proposed casino resort in Sonoma County. At the heart of the legal dispute is a claim that federal officials unlawfully bypassed essential procedures and overstepped their authority in allowing the tribe to develop...
Construction of Bally’s $1.7 billion permanent casino in Chicago’s River West neighborhood has been abruptly paused following revelations that a subcontractor with historical ties to organized crime was working on the site without prior approval. The Illinois Gaming Board (IGB) intervened after an investigation by the Chicago Sun-Times revealed the involvement of D&P Construction, a waste-hauling firm previously associated with...
Prime Minister Paetongtarn Shinawatra has reaffirmed her government’s commitment to developing casino resorts as part of larger entertainment complexes, insisting the initiative will follow strict rules to uphold responsible gambling. Speaking during her monthly “Empowering Thais” broadcast, Paetongtarn emphasized that these projects would not contribute to moral decline but instead help position Thailand as a competitive destination in global tourism. Background checks and wealth...
More than 147,000 fans braved rain and cooler temperatures at Churchill Downs for the 151st running of the Kentucky Derby, where Sovereignty surged ahead in the final stretch to win by a length and a half. The Into Mischief-sired colt, bred and owned by Godolphin, LLC, and trained by William “Bill” Mott, was ridden to victory by jockey Junior Alvarado. Crossing the finish line...
After the expiration of a leaseback agreement with PH Resorts Group Holdings Inc.,China Banking Corp. has confirmed it is proceeding with the sale of the 12.4-hectare beachfront property in Mactan, Cebu, once intended to house the Emerald Bay Resort and Casino. This decision comes after PH Resorts, led by businessman Dennis Uy, failed to exercise its buyback option before the March 31, 2025, deadline. Sale...