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Another down month for Detroit casinos in August, but a 15% hold for their sportsbooks

September 13, 2022 - The three brick-and-mortar Detroit casinos brought in $106.1 million in monthly aggregate revenue in August, with $104.4 million coming in via table games and slots and nearly $1.7 million in... Read more »

Igaming Focus: 888 US asset sale, Super Bowl hits Feb margins, DraftKings’ live focus

March 28, 2024 - Hello and welcome to this week’s Igaming Focus newsletter. We have a(nother) stacked newsletter this week: Breaking: 888 sells U.S. B2C assets to Hard Rock Digital Books feel the hit... Read more »

2 new legislators in New Jersey co-sponsor bill to close casino smoking loophole

March 14, 2024 - Two new legislators in Trenton – Assemblywoman Alixon Collazos-Gill and Assemblyman Gabriel Rodriguez – are co-sponsoring legislation to close the casino smoking loophole, A2143, as momentum builds to finally end indoor... Read more »

Igaming Focus: Bid for Bally’s, North Carolina sports betting, Entain’s big sale

March 14, 2024 - Hello and welcome to this week’s Igaming Focus newsletter. We have a stacked newsletter this week: Standard General bids again for Bally’s Corp As North Carolina launches sports betting, parlays... Read more »

Wall Street Bets: Analysts take on casino foot traffic, Aristocrat/NeoGames, Las Vegas Strip room rates

March 11, 2024 - U.S. casino foot traffic In a March 7 note, Jefferies analyst Katz wrote that foot traffic at U.S. casinos in February was down by 1.1% year-over-year. “Additionally, compared with 2019,... Read more »

International visitation to Las Vegas jumps 39% in 2023

February 24, 2024 - International visitation to Las Vegas jumped by 39% last year, led by a boost from Canadians and travel from the UK, Germany, and Australia. The Las Vegas Convention and Visitors... Read more »

Frank Floor Talk: Aruze by any other name is … Aruze

January 23, 2024 - Aruze is back. But it wasn’t really gone all that long. Unexpectedly, the company filed for bankruptcy on February 1, 2023. That move was forced by a judgment against Aruze... Read more »

Earnings season kicks off with high expectations from F1 for Wynn and MGM

January 22, 2024 - The gaming-industry’s fourth-quarter earnings’ season gets underway Wednesday when Las Vegas Sands holds its call with Wall Street analysts and one report suggests that the Formula One race will help... Read more »

F1 helps Nevada set November revenue record and second all-time highest

December 28, 2023 - Las Vegas’ Formula One race, fueled by a nearly 23% year-over-year increase in gaming revenues on the Strip, pushed Nevada across the finish line with a record-setting November and the... Read more »

IGT’s adjusted earnings, revenue top Wall Street forecasts; officials tout lottery deal extensions

November 1, 2023 - International Game Technology capped a third quarter during which it extended contracts to supply technology to the California and Kentucky lotteries by posting adjusted earnings and revenue that topped Wall... Read more »