Gambling Industry
The Latest
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Wynn Resorts Secures $1.5 Billion In Credit From Bank Of China
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. 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
A new lawsuit charges Apple with promoting illegal gambling and benefiting from such activities in the process. 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 said it will not make a new offer after its $11 billion all-stock takeover bid was rejected by Entain. 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
Forbes estimates Adelson's wealth at almost $36 billion. Forbes estimates Adelson's wealth at almost $36 billion. -
MGM Seeking To Buy Entain As Part Of Strategic Pivot
MGM Resorts International has reportedly made a new offer to buy British gaming company 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'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. 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 Holdings Limited has agreed to pay $47 million to purchase a portion of a 27-acre parcel of land in Japan's Miyako Island. 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 has signed a deal to buy the Hooters Casino and Hotel in Nevada as part of a $135 million deal. 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
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. 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
Non-gaming attractions are now key conditions for casino operators who want to have their licenses to operate renewed. Non-gaming attractions are now key conditions for casino operators who want to have their licenses to operate renewed.