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Retail over gaming preferred for $172 million Las Vegas Strip location

June 29, 2019 - A Las Vegas Strip site, once planned for an Elvis Presley-themed resort, has been sold for $172 million and will be developed for retail, entertainment and dining. Gindi Capital, a... Read more »

Nevada regulators seek answers on Bally’s bid to go private; company details Tropicana closure

March 21, 2024 - The Nevada Gaming Commission approved licenses Thursday for Bally’s executives in connection with the Tropicana Las Vegas, which is set to close April 2. However, commissioners unsuccessfully sought answers on... Read more »

Las Vegas: Bally’s may go private to deal with debt. Will it affect stadium?

March 20, 2024 - For Bally’s Corp., the balance sheet doesn’t look good. The company, whose 16 casinos include the Tropicana Las Vegas and Bally’s Lake Tahoe in Nevada, is carrying more than $3.6... Read more »

Igaming Focus: Flutter, NFL data points, ESPN Bet’s odds boost promo, news shorts

January 31, 2024 - Welcome to this week’s Igaming Focus newsletter! In this week’s issue: Float like a butterfly: Flutter’s New York float well received, sector on the up  NFL data points and download... Read more »

Sports betting bill passes out of Georgia Senate committee

January 9, 2024 - A Georgia Senate committee passed a sports betting bill Tuesday on just the second day of this year’s legislative session, kicking off a debate that’s likely to last all 40... Read more »

Connecticut’s sports-betting handle tops $200 million in November

December 22, 2023 - The state’s sports-betting program topped $200 million in wagers in November, according to data from the state Department of Consumer Protection. With $205.7 million in bets, including online and retail,... Read more »

British sports teams and operators unites for Safer Gambling Week

November 14, 2023 - Safer Gambling Week, an initiative to raise awareness of responsible gambling practices by the Betting and Gaming Council (BGC), British Amusement Catering Trade Association (BACTA), and the Bingo Association, kicked... Read more »

Lithuanian GGR up to €161m in first nine months after online growth

November 12, 2023 - Gross gambling revenue (GGR) in Lithuania increased by 15.2% year-on-year to €161.0m ($172.1m) during the nine months to 30 September, driven by growth within the remote gambling sector. Revenue was... Read more »

Light & Wonder earnings, revenue beat Wall Street forecasts in third quarter

November 10, 2023 - Light & Wonder bought back the last piece of SciPlay, the social-gaming business it once spun off, during the third quarter and the momentum carried. Revenue and earnings per share... Read more »

Flutter Entertainment sees Q3 share fall despite NYSE listing plans

November 9, 2023 - Flutter Entertainment, the owner of gambling operators like FanDuel, Paddy Power, and Betfair has seen its shares fall as much as 9.4%, following its Q3 revenue reports. Despite posting revenues... Read more »