Tag Archives billion

Broadwater beach site in Biloxi, Mississippi to be home to new $1.2 billion hotel casino

by

Biloxi, Mississippi will be one of three sites to launch the first “music-based experiential” hotel property, according to a recent announcement from American global music corporation, Universal Music Group, and Florida-based impact investment group, Dakia U-Ventures. Similar projects are reportedly set to be launched in Atlanta, Georgia, and Orlando, Florida. Hotel partner: The planned ...

Realistic Games explosive new slot Fireworks Game Changer features 2.5 billion unique board game layouts!

by

British online casino software company Realistic Games has added the next installment to its popular Game Changer series. Fireworks Game Changer is scheduled to launch exclusively with the GVC Group for a period of two weeks before being released network-wide. The explosive, 5-reel Fireworks Game Changer slot combines the classic Realistic Fireworks theme with ...

Macau second-quarter aggregated earnings shortfall expected to top $1 billion

by

The lingering impacts of the coronavirus pandemic will soon reportedly prompt the six licensed casino operators in Macau to detail combined second-quarter deficits in earnings before interest, tax, depreciation and amortization of over $1 billion. According to a report from Inside Asian Gaming, this is the forecast of global brokerage and investments firm Morgan ...

Scientific Games’ PA iLottery partnership sees a record $1 billion in online/mobile sales

by

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 ...

Detroit’s trio of commercial casinos report record $1.454 billion in revenue in 2019

by

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 ...

Eldorado/Caesars shareholders vote to approve $17.3 billion merger

by

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 ...

Scientific Games Corporation announces $1.2 billion debt note placement

by

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, ...

Seminole Hard Rock Hotel and Casino Hollywood debuts massive $1.5 billion expansion in South Florida

by

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 ...

PAGCor annual gaming revenues expected to top $1.4 billion next year

by

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 ...