Wynn Resorts said it will begin offering online gambling through its WynnBet venture in Michigan later this month. The service is already available in Colorado and New Jersey and has secured access in Indiana, Iowa, Nevada, and Massachusetts
With the landmark decision by the Nevada Gaming Commission to allow changes to regulations surrounding the electronic transfer of money to games and gaming devices, the gaming industry has reached a pivotal payment moment. In a space that has long been dominated by cash, how can operators prepare for the digital shift?
Mohegan Gaming & Entertainment has announced that it has priced its previously announced private offering of US$1.175 billion in aggregate principal amount of 8 percent, second priority senior secured notes due 2026, at an offering price of 100 percent of the principal amount. The offering is expected to occur on or about January 26.
Hard Rock International said it has acquired the casino premise license from The Ritz Club in London, UK. This transaction will allow Hard Rock to seek out and establish a new casino premise in London, continuing Hard Rock’s expansion into major gateway cities around the world.
Genting Malaysia's U.K. unit has permanently closed its casino in Southport in Northwest England, with 38 staff facing redundancy. The group has already closed casinos in Margate, Torquay and Bristol and has reduced its workforce in London, Glasgow, Edinburgh, Blackpool and Birmingham.
Las Vegas Sands management transition has been well anticipated and well planned and the company's executives are well positioned to maintain the broad strategy that has been in place, analysts at Bernstein said.