Summary: Vici Properties reported a 6.5% increase in net income for 2024, reaching $2.7 billion. Leasing revenue went up 5%, while loan income surged 71%. Despite annual growth, Q4 net income dropped 18% due to credit loss provisions, while total revenue rose 4.7% year over year. Vici Properties, the largest property owner on the Las […]
Summary: A new bill could let Gulfstream Park run its casino without hosting live racing. Passed its first challenge in the Florida House of Reps on Wednesday. Approved by the Subcommittee with a 14-4 vote. Legislation in Florida that would allow Gulfstream Park to operate its casino without the requirement to host live racing took […]
Summary: LVS is facing increasing concerns about online gaming. Concerns are tied to its recent plan for a $6bn resort on Long Island, New York. CEO Rob Goldstein addressed related key challenges during the fourth-quarter earnings call. While focused on its global growth, with emphasis on Macau and Singapore, the leading developer and operator of […]
Summary: A federal judge ruled against Graton Rancheria’s request to delay the Koi Nation’s proposed resort-casino project, The decision allowed the approval process to proceed, marking a significant win for the Koi Nation and a setback for opponents. Construction near Windsor could begin in 2026 and last two years. A federal judge has ruled against […]
Summary: Virginia lawmakers Senate Majority Leader Scott Surovell’s proposal to build a casino in Fairfax County’s Tysons area. The legislation would authorize a referendum, allowing Fairfax County voters to decide on the project. The plan includes a hotel, concert venue, and convention center alongside the casino. With Virginia lawmakers preparing for the 2025 legislative session, […]
Summary: The Navajo Nation will develop the Lower 89 Project, a second casino on a 13.79-acre site near Flagstaff. Plans will include up to 300 gaming machines and reopening the historic Horsemen Lodge steakhouse. The project will generate 300 temporary construction jobs and more than 100 permanent positions. A second Navajo casino is set to […]
