Land Based Casino News

What is happening at my local casinos as well as globally? If there is news to be told we will find it and reported it. Whether it is your neighborhood casinos or other destinations, we cover casino news around the world. Come to us for the latest openings, closures newest additions and hottest entertainment. Check here when planning your next trip to places like Las Vegas, Macau or Europe.

Virginia Senate Passes Casino Legislation

Added on January 23, 2019 in Land Based Casino News

Virginia’s Senate committee approved a bill that permits several cities in this state to attain licenses for constructing casinos. The bill was passed on Monday, January 21st and is a first for this state which has resisted gambling legalizations for decades. The cities will not be able to commence their licensing quest immediately – they ... Read more

By Andrej Vidovic

Harrah’s Philadelphia Launches New Sportsbook

Added on January 22, 2019 in Land Based Casino News

Harrah’s Philadelphia Casino and Racetrack officially announced on their company website… …that they will finally unveil a new sportsbook, called simply, The Book, to the public. This famous harness racing track and casino situated on the waterfront of Chester, Pennsylvania, will debut the new book on January 22nd, especially for sports betting Tuesday. Harrah’s Philadelphia ... Read more

By Tamara Vucinic

Atlantic City Casinos Reach 9.2% Annual GGR Growth

Added on January 18, 2019 in Land Based Casino News

New Jersey Division of Gaming Enforcement has publicly posted the official figures that confirm Atlantic City’s yearly income surge compared to 2017. The city’s casino market had a lot to look forward to once two big resorts, hard Rock and Ocean Casino, began their business in late June last year – despite the latter underperforming ... Read more

By Andrej Vidovic

MGM Opens Local Office in Osaka to Support IR bid

Added on January 18, 2019 in Land Based Casino News

This year, Japan is planning on launching the integrated resort (IR) industry and by doing so this East Asian country will be expanding the number of casinos on the islands. Casino patrons from all around the world have been in negotiations ever since the IR legislation was approved last summer hoping to win one of ... Read more

By Tamara Vucinic

Hard Rock Publishes Details of Future Japan Resort

Added on January 17, 2019 in Land Based Casino News

With the first wave of casino liberalization in Japan already gone, major gambling operators are competing for several licenses to be handed out for construction of casino resorts across the country. One of them is Hard Rock International that has recently unveiled all details of their planned integrated entertainment resort in the city of Tomakomai ... Read more

By Andrej Vidovic

Carl Icahn Returns to Gambling World Via Caesars Investment

Added on January 16, 2019 in Land Based Casino News

Billionaire activist investor, Carl Icahn, has reportedly built big stakes in Caesars Entertainment, resulting in company’s stock soaring by 9.01% as soon as the news was made public. This investment marks Icahn’s return to the ranks of gambling industry, as last year he successfully negotiated the selling of Tropicana Entertainment. He also retained a certain ... Read more

By Andrej Vidovic

MGM Appoints Chris Kelley To Oversee Operations At Rocksino

Added on January 15, 2019 in Land Based Casino News

Hard Rock Rocksino Northfield Park in Ohio has officially inaugurated Chris Kelley as future president and COO. The decision has also been confirmed by MGM Resorts International, whose acquisition of the property is expected to finalize in the first six months of 2019. According to the official statement, Kelley will oversee daily operations at the ... Read more

By Alex Hoffmann

Borgata Invests $11M Into Sports Betting Lounge

Added on January 13, 2019 in Land Based Casino News

Borgata Hotel Casino & Spa is getting ready to make a massive $11 million investment for expanding the sports betting lounge space in this Atlantic City venue. The MGM Resorts International-owned property was very quick to react to New Jersey Governor’s signing of the bill that permitted licensed casinos to conduct sportsbook business in the ... Read more

By Andrej Vidovic

Ocean Resort Faces Financial and Ownership Problems

Added on January 13, 2019 in Land Based Casino News

After a promising start filled with high hopes and expectations, Atlantic City’s Ocean Resort Casino is coping with an increasing amount of adversities that need to be overcome should this property remain on course and keep being competitive in a cutthroat business environment. Since its grand opening on June 27th last year – the same ... Read more

By Andrej Vidovic

MGM Resorts Hires Former Nevada Governor

Added on January 13, 2019 in Land Based Casino News

MGM Resorts decided to appoint former Nevada Governor, Brian Sandoval, as the president of global gaming development. Sandoval, who was the Governor of Nevada from 2011 to January this year will be in charge for the expansion strategy… …focusing mainly on the Japanese market. Furthermore, the brand wants him to work on state public policy ... Read more

By Petar Mitrovic

Analysts Predict 2019 Revenue Slowdown For Macau

Added on January 9, 2019 in Land Based Casino News

Several notable iGaming analysts from top-tier financial companies have shared their estimates of Macau’s yearly gross gaming revenue for 2019, and almost all unanimously agree that a certain deceleration is in cards. The most pessimistic of them, Morgan Stanley experts, forecast a 2% year-on-year slump this year, which would also mark the first time the ... Read more

By Andrej Vidovic

MGM Eyes Major Financial Goals For 2021

Added on January 6, 2019 in Land Based Casino News

MGM Resorts, one of the Las Vegas greats of the casino industry, has big things in store and the time is nigh for them to take the first step towards realization, as the operator leviathan heralds huge restructuring with the key aim of increasing earnings in two years’ time. Specifically, the company’s leadership seeks to ... Read more

By Andrej Vidovic

MGM Resort's Purchase of Empire City Casino Put on Hold

Added on January 5, 2019 in Land Based Casino News

Empire City Casino in Yonkers, New York was supposed to come under MGM Resorts ownership on Thursday, January 3rd – however, an unexpected last-minute action by the New York Gaming Commission canceled the scheduled meeting during which the acquisition should have been confirmed. A scarce official explanation was given by the gaming regulator – however ... Read more

By Andrej Vidovic

Penn National Acquires Margaritaville Resort In Louisiana

Added on January 5, 2019 in Land Based Casino News

Operator of casinos and racetracks from Wyomissing, Pennsylvania, Penn National Gaming, has added another property to its real-estate assets, after officially announcing the full takeover of Margaritaville Resort Casino in Bossier City, Louisiana. The gambling giant extended its network of gaming and racing facilities including video gaming terminals across the United States after cashing out ... Read more

By Alex Hoffmann

Caesars Completes Real Estate Assets Sale

Added on December 28, 2018 in Land Based Casino News

Caesars Entertainment officially announced that it has successfully sold the real estate assets associated with Harrah’s Philadelphia. The buyer is VICI Properties… …and they payed $82.5 million in cash to get a hold of Harrah’s Philadelphia which petitioned PGCB for sports betting just a couple of months ago. This reflects a purchase price reduction for ... Read more

By Petar Mitrovic

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