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Pennsylvania’s iLottery program is officially the most commercially successful to date in North America with total sales of online/mobile games reaching $1 billion in just under two years. Developed and powered by Las Vegas-based Scientific Games Corporation (NASDAQ: SGMS), the Northeastern US state’s digital lottery program has easily eclipsed any previous iLottery launch in ...
The American Gaming Association has released a report regarding sports betting on Super Bowl LIV, showing that a record number of Americans will be wagering on the event. As many as 26 million residents of the US are expected to place bets, which will be an increase of around three million when compared to ...
Surpassing its 2018 high by more than $10 million, Detroit’s three casinos reported $1.454 billion in record adjusted gross revenue last year, with MotorCity Casino Hotel and MGM Grand Detroit having contributing record years, according to the Michigan Gaming Control Board. In the lead in 2019 with 43 percent of the market share was ...
In Nevada and prominent casino operators Eldorado Resorts Incorporated and Caesars Entertainment Corporation have announced that their shareholders have approved the $17.3 billion deal that is to see the pair merge. The two companies used a joint Friday press release to detail that the envisioned agreement to create the largest casino firm in the ...
American lottery and gaming machines innovator Scientific Games Corporation has announced that its Scientific Games International Incorporated subsidiary is set to place some $1.2 billion in senior unsecured notes up for grabs. The Las Vegas-headquartered firm used an official Tuesday press release (pdf) to detail that the notes connected with this private bond placement, ...
After three years of work, the world’s first guitar-shaped hotel opened on Thursday, October 24 in South Florida. The massive 450 ft structure is part of the Seminole Hard Rock Hotel and Casino Hollywood’s $1.5 billion dollar expansion that broke ground in the summer of 2017. Owned and operated by the Seminole Tribe of ...
In the Philippines and a senior official with the nation’s state-owned casino operator has reportedly announced that he expects his organization’s cumulative annual revenues from gaming to reach almost $1.41 billion for 2020. According to a report, James Patrick Bondoc serves as Vice-President for the Philippine Amusement and Gaming Corporation (PAGCor) and made the ...
In Las Vegas and a plan has reportedly been launched that could see the site of the former Moulin Rouge Hotel transformed into a $1.6 billion mixed-use development complete with a 400-room hotel and a 25,000 sq ft casino. Diminutive deadline: According to a Friday report from the Las Vegas Review-Journal newspaper, a local ...
