Gambling Industry

The Latest

  • Wynn Resorts Secures $1.5 Billion In Credit From Bank Of China
    Macao
    On top of the $1.5 billion credit line, Wynn Resorts will also be able to borrow an additional $1 billion from the Bank of China on certain conditions.
  • New Lawsuit Alleges Apple Promotes And Benefits From Illegal Gambling Apps
    Apple App Store
    A new lawsuit charges Apple with promoting illegal gambling and benefiting from such activities in the process.
  • MGM To Drop Plans To Buy Ladbrokes Owner Entain In All-Stock Deal
    MGM
    MGM said it will not make a new offer after its $11 billion all-stock takeover bid was rejected by Entain.
  • Las Vegas Sands Owner Sheldon Adelson Dies, 87
    GENEROUS SOUL
    Forbes estimates Adelson's wealth at almost $36 billion.
  • MGM Seeking To Buy Entain As Part Of Strategic Pivot
    Entain
    MGM Resorts International has reportedly made a new offer to buy British gaming company Entain.
  • Macau Gambling Revenue Slips By 8.5 Percent In November
    Macau Gambling Revenues
    Macau's Gaming Inspection & Coordination Bureau reported gross gaming revenues of $2.8 billion for the month of November, which is 8.5 percent lower than the revenues pulled in the same month last year.
  • Suncity Group Makes $47 Million Bet To Build Resort In Japan's Miyako Island
    Suncity Group
    Suncity Group Holdings Limited has agreed to pay $47 million to purchase a portion of a 27-acre parcel of land in Japan's Miyako Island.
  • OYO Buys Hooters Hotel And Casino In Las Vegas In $135 Million Deal
    OYO India
    OYO has signed a deal to buy the Hooters Casino and Hotel in Nevada as part of a $135 million deal.
  • Eldorado Acquires Caesars In $17 Billion Casino Merger
    Caesars Entertainment
    The combined companies will operate a total of 60 casino resorts across 16 states, making it one of the biggest casino operators in the country.
  • Macau Casinos Scramble As China Pushes For More Family-Friendly Attractions
    Macau Casino Operators
    Non-gaming attractions are now key conditions for casino operators who want to have their licenses to operate renewed.