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Analyst: Wynn’s Arabian venture to be global magnet

September 17, 2023 - Wynn Resorts’s in-progress mega resort-casino on Al Marjan Island in Ras Al Khaimah, United Arab Emirates, is worth an additional $10 to the share value of the company, according to... Read more »

For casinos in Macau 2023 should be better than 2022

December 18, 2022 - It’s official. On Friday, December 16, 2022, the six merry concessionaires of Macau signed new contracts with the government. MGM, Galaxy, Sands, Wynn, and SJM have agreed to spend 10... Read more »

MGM CFO sees upside of 2022 tourism and convention business in Las Vegas

March 8, 2022 - MGM Resorts International CFO Jonathan Halkyard told investors Monday that there’s plenty of upside in Las Vegas tourism now that the omicon variant wave has passed. He also said he... Read more »

Macau weighs heavily on MGM’s Fitch rating

December 12, 2021 - Uncertainty in China. That was the great imponderable affecting Fitch Ratings’ assessment of MGM Resorts International, which it evaluated as “Ratings Watch Negative.” While acknowledging improved clarity with regard to... Read more »

Wall Street analyst projects even better bullish revenue for sports betting and igaming by 2025

September 29, 2021 - A new Wall Street report is painting an even more bullish picture than previously projected for U.S. igaming and sports betting revenues by 2025. The report, authored by J.P. Morgan... Read more »

Fixing a problematic North Las Vegas casino fueled the gaming pursuits of Bally’s Soo Kim

April 6, 2021 - A decade ago, when the Bally’s name was attached to one of the gaming industry’s leading slot machine developers, Soo Kim was gaining an understanding of the casino business. Standard... Read more »

Sports betting legislation in Massachusetts halted despite high-powered backing

July 30, 2020 - Despite a quartet of proponents that included daily fantasy giants DraftKings and FanDuel, MGM Resorts International, and the Boston Red Sox, a push for legal sports betting in Massachusetts ended... Read more »

Gaming stocks bounce higher as investors hope federal stimulus package nears

March 20, 2020 - The potential for the gaming industry’s participation in any forthcoming federal stimulus package may have halted the sector’s stock market free fall. Thursday’s 188-point increase by the Dow helped gaming... Read more »

NCLGS: States, casino operators have developed a ‘symbiotic relationship’

January 14, 2020 - SAN DIEGO – Appearing for the first time at a legislative gaming conference not as Nevada’s governor but as a development executive for MGM Resorts International, Brian Sandoval said he... Read more »

Wynn and Adelson: Trying to Please in Macau

February 1, 2017 - It is earnings season; in the next few weeks all of the major gaming companies will reveal their 4th quarter results.  The first to do so was Las Vegas Sands... Read more »