Casino

The Las Vegas Sands Corp. reported net income of $1.17 billion for the second quarter of 2021, compared with $62 million for the same period last year. The operating loss was $139 million, compared to $757 million last year, while the net loss from...

Sanford C. Bernstein Ltd estimated that Macau's Gross Gaming Revenue (GGR) increased by 6% in the week ending July 18, compared to the first 11 days of the month. Macau's GGR in the first 18 days of July grew by 33% compared to the...

Inspired Entertainment has announced the launch of its V-Play Plug & Play solution, a complete end-to-end online and mobile virtual sports offering, at BetMGM Casino, Borgata Casino and Party Casino in New Jersey. Brooks Pierce, president and chief operating officer of Inspired,...

Bally's Corporation acquired the professional beach volleyball organization, the Association of Volleyball Professionals (AVP). The entity hosts the longest-running beach volleyball tour in the US. The operator feels the deal is a "significant opportunity for the company to play and incorporate interactive content into...

Sanford C. Bernstein Ltd reported a 16% increase in Macau Gross Gaming Revenue (GGR) for the period 1-11 July, compared to the last 10 days of June. Macau's GGR for the 11th of July was MOP$3.1 billion (US$387 million), with a monthly average of...

The US Federal Court ordered that Imperial Pacific International (IPI) casino gaming vehicles and machines be seized and sold to cover the company's $2 million debt. The execution order was issued by the court at the request of the USA Fanter Corp. Ltd. The...

Crown Resorts says it could default on its debt if Victoria's royal commission rules against its casino license in Melbourne, Australia. The operator's executive chairman, Helen Coonan, has denied any interference with the investigation despite a letter sent by Crown to Victoria's gaming minister...

The Macau government has postponed the creation of the long-awaited travel bubble with Hong Kong due to a new case in the region. While plans to allow unquarantined travel between cities have already faced several delays, Macau authorities have previously said negotiations will resume after Hong Kong...

The Enjoy Group requested a set of modifications to its projects in Viña del Mar and Coquimbo, and after successive requests and revisions, the Gaming Casinos Superintendence (SCJ) finally approved most of the proposed modifications in both centers. Pursuant to the submission of the...

Crown Resorts projects net debt of $676 million for the financial year ended June 30, 2021. The company's EBITDA after closing costs is forecast at $75 million. Therefore, Crown already estimates that it will record an after-tax legal loss for the year. Last year's...