Caesars Entertainment has announced plans to renovate the Jubilee Tower at Horseshoe Las Vegas and merge it with Paris Las Vegas under a new name. The company will invest more than $100 million to transform the tower into a hotel with 756 redesigned rooms and a bridge...
The Financial Services Directorate reported that Macau collected MOP 10.11 billion (US$1.25 billion) in taxes on casino operations in the first three months of the year. The value rose 15.8% when compared to MOP 8.73 billion (US$ 1.08 billion) in the same period last year.
The Virginia Lottery Board has approved a license to operate for Caesars Virginia. The vote clears the way for the opening of a temporary casino on May 10 in Danville. Virginia Board of Lottery Chairman Ferhan Hamid said: "The Virginia Board of Lottery takes...
Las Vegas Sands has signed a preliminary agreement for a 99-year lease to use the Nassau Veterans Memorial Coliseum, with a plan to develop an integrated casino resort on Long Island. The Las Vegas company revealed information about the development, but did not offer...

Las Vegas Sands reports $1B of Q1 revenue from Macau properties

Las Vegas Sands reported financial results for the quarter ending March 2023. After a successful quarter, company chairman and CEO Robert G. Goldstein says he “remains excited” for tourism in Singapore and Macau in the coming years . Sands' net income was $2.12 billion,...
Japan's first casino will be built in the city of Osaka, according to an announcement on Friday. The resort, scheduled to open in 2029, will cost 1.8 trillion yen ($13.5 billion). Casinos and other forms of private gambling were previously banned in Japan, but...
Virgin Hotels Las Vegas is the newest sponsor of the Las Vegas Formula 1 Grand Prix and will take over the East Harmon Zone with live entertainment and fan activations. Lia Rispoli, Senior Vice President of Resort Operations and Asset Management at JC Hospitality,...
Previously, the operator announced spending $200 million on workforce development initiatives to develop local talent and team members in the hospitality industry. This was revealed by Sands in its environmental, social and governance (ESG) report. The report outlines the company's 2022 progress against established...
The tourism sector was one of the most impacted in Brazil as a result of the pandemic in recent years. Therefore, this market is facing a restructuring process, and is still looking for options to stimulate its growth. According to the National Confederation of...
MGM Resorts' Las Vegas property, the Bellagio, will undergo a $110 million renovation of its Spa Tower's rooms and suites, bringing "contemporary amenities influenced by Lake Como in Italy." The redesign of the Spa Tower, which includes 819 rooms and 104 suites, will be...

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