Industry Headlines

By Sadonna Price

GLPI Acquires Three Nevada and South Dakota Casinos for $105m

May 17, 2024

Summary: Gaming and Leisure Properties, Inc. purchased the real estate assets from one Nevada-based and two South Dakota-based casinos for $105 million. GLPI also entered two cross-defaulted triple-net lease agreements with Strategic Gaming Management. GLPI offered $5 million for capital improvements, taking the total investment to $110 million. Gaming and Leisure Properties, Inc. (GLPI) has […]

By Sadonna Price

Caesars Entertainment Announces Upgrade to Online Casino App

April 30, 2024

Summary: The newly upgraded app is now live Players can explore a multi-lobby navigation layout. Slots, table games, and live dealers are still on offer. Comprehensive changes are now live regarding the Caesars Online Casino app, thanks to a recent move by Caesars Entertainment, Inc. The upgrade includes new features for a smoother interface and […]

By Sadonna Price

Las Vegas Real Estate Developers Announce Plans for New Casino Resort

April 29, 2024

Summary: The site will include an NBA-ready arena. Casino gaming and hotel stays are included in the plans. The resort is unnamed and will be a seven-star property. The tallest-ever resort and first seven-star property may be on its way to Las Vegas. Plans were announced today by a real estate development company named LVXP […]

By Sadonna Price

Nevada Gaming Industry Stalls in March with YoY Drop in Revenues

April 26, 2024

Summary March marked the end of an eight-month streak of gaming revenue increases. Numbers fell 1.65% for March 2023 totals. The Las Vegas Strip reported over $715 million in earnings. Nevada is not doing so hot when it comes to gaming revenues, at least for the month of March. The Nevada Gaming Control Board recently […]

By Sadonna Price

Two More Men Charged in Pittsburgh’s Rivers Casino Cheating Case

April 25, 2024

Summary: Chen Huan Lin and Joe Jeng Chiou Lin are the latest to be charged. The state first charged a player, dealer, and supervisor in the case. The cheating incidents involved an electronic roulette game. Cheating at a casino is nothing new, but it is not a common occurrence. Casinos have strict regulations and rules […]

By Sadonna Price

Saracen Casino Wants Arkansas to Allow Online Gambling

April 24, 2024

Summary: Saracen Casino in Arkansas has required the Racing Commission to change the current rules and allow expanded online gambling. The current law only allows sports bets online while casino games like slots and blackjack are limited to land casinos. If the request is given the green light, it will affect all three state casinos. […]

By Sadonna Price

Bally’s Shareholders to Seek Smoking Ban During Next Meeting

April 23, 2024

Summary: Bally’s operates 15 casinos in ten states. Trinity Health holds a 0.001% share of the company. The goal is to stop the casino from allowing smoking inside its venues. Smoking has become a hot topic of debate in casinos across the United States. While many already have some ban on the activity, there are […]

By Sadonna Price

Nevada Gaming Commission Adds New Name to Black Book

April 19, 2024

Summary: Hearne stole thousands of casino chips from 15 different venues. He is the 37th person added to the Black Book. . The vote to add the name to the list was unanimously approved. . The Nevada Gaming Commission held a meeting yesterday, and among the matters discussed were the incidents of chip theft from […]

By Sadonna Price

PGCB Reveals New Revenue Record for State Casinos

April 18, 2024

Summary: The $554.6 million monthly total sets a new record. The previous high was in December 2023 at $534.2 million. iGaming reached over $191 million. The Pennsylvania Gaming Control Board has released the latest revenues for casinos in Pennsylvania. In March, all verticals brought in $554.6 million. This was an increase of 7.6% from last […]

By Sadonna Price

New Jersey’s Online Casinos Hit New Revenue Record in March

April 17, 2024

Summary: Internet gambling market in New Jersey hit a new record in March. The New Jersey Division of Gaming Enforcement reported over $197 million in revenue from online casino games. Still, the in-person winnings were lower than the pre-pandemic levels at most casinos. On Tuesday, the New Jersey Division of Gaming Enforcement issued the latest […]