Casino

Wynn Resorts shares have performed remarkably well this year, gaining 12.8%, outperforming the S&P 500 by more than 600 basis points. According to JPMorgan analyst Joseph Greff, Wynn is seen as a great value play right now. JPMorgan says appreciation is...

Macau experienced a real frenzy in its renowned casinos during the Chinese New Year festive period. With more than 1.35 million tourists flooding the Chinese Special Administrative Region, this holiday was a true celebration for Macau's gambling industry. Data released by the Macau Public...

Singer Taylor Swift may surpass football player and boyfriend Travis Kelce in financial gains, but Super Bowl LVIII had a much greater economic impact on Las Vegas. The sporting event generated almost four times more money in the gaming city's economy than Swift's two...

Bally's Corporation reported net revenue of US$2.45 billion in 2023. In other words, this represents an increase of 8.6% year over year. Annual revenue from Casinos and Resorts was US$1.36 billion, an increase of 11% compared to the previous year. EBITDAR was $653.1 million...

This year's Super Bowl was a milestone for Las Vegas, confirming it as the new sports and entertainment capital of the world. During MGM Resorts International's fourth-quarter and full-year 2023 earnings call, President and CEO Bill Hornbuckle highlighted the event's positive impact on the company's business.

The regional casino industry in the United States began the new year with a decrease in gross gaming revenues (GGR), in contrast to the positive performance of Nevada and Las Vegas. Regional casinos, located outside of Las Vegas and Atlantic City, have faced significant...

The BetMGM betting app, owned by the group that owns the MGM Casino, invested heavily in a commercial shown during Super Bowl LVIII, the US football league final, spending around US$50 million (R$250 million). The ad, planned two years ago, featured stars such as...

Recognized as the "entertainment capital of the world", Las Vegas has been consolidating itself as one of the main sporting destinations in the United States. This evolution is evident with the choice to host Super Bowl LVIII at Allegiant Stadium, the new home of...

Macau's gross gaming revenue (GGR - Gross Gaming Revenue) totaled US$2.4 billion in the first month of 2024. The increase represents 77% of the US$3 billion recorded in January 2019, before the pandemic. According to data released by the local regulator, the Gaming Inspection...

The Las Vegas Sands Corp. gaming empire. is ready to soar even higher, with the revelation of its audacious investment plans in New York and the reaffirmation of its strategic interest in Texas. The industry giant outlined the possibility of a casino...