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During Thursday’s investors call, Penn Entertainment CEO Jay Snowden admitted he was not privy to many of the details in...
08/08/2025

During Thursday’s investors call, Penn Entertainment CEO Jay Snowden admitted he was not privy to many of the details involving this week’s blockbuster deal between ESPN and the NFL.

During Thursday’s investors call, Penn Entertainment CEO Jay Snowden admitted he was not privy to many of the details involving this week’s blockbuster deal between ESPN and the NFL. The billion-dollar agreement will see ESPN acquire NFL media assets, including NFL Network, and distribution righ

Century Casinos posted $12.3 million in red ink in the second quarter, a 70 percent reduction from the previous year.
08/08/2025

Century Casinos posted $12.3 million in red ink in the second quarter, a 70 percent reduction from the previous year.

Century Casinos posted $12.3 million in red ink in the second quarter, a 70 percent reduction from the previous year. The company reported the data early on August 7.Revenue increased three percent to $150.8 million, while operating revenue jumped 16 percent to $16.6 million. Cash flow grew 10 p

While MGM Resorts International and Caesars Entertainment results have been impacted by a decline in Las Vegas visitatio...
08/08/2025

While MGM Resorts International and Caesars Entertainment results have been impacted by a decline in Las Vegas visitation, Wynn Resorts reported record adjusted earnings on the Strip, buoyed by its base of higher-end customers.

While MGM Resorts International and Caesars Entertainment results have been impacted by a decline in Las Vegas visitation, Wynn Resorts reported record adjusted earnings on the Strip, buoyed by its base of higher-end customers. The operator also touted 2026 as a record for its convention business.

The Nevada Gaming Control Board Wednesday recommended the CEO of Malta-based Kambi Group, a B2B sports betting supplier,...
08/07/2025

The Nevada Gaming Control Board Wednesday recommended the CEO of Malta-based Kambi Group, a B2B sports betting supplier, be granted a gaming license in the state.

The Nevada Gaming Control Board Wednesday recommended the CEO of Malta-based Kambi Group, a B2B sports betting supplier, be granted a gaming license in the state. The application of Werner Becher now goes before the Nevada Gaming Commission on Aug. 21st.In January, the Nevada Gaming Commission p

BetMGM is seeking another year to assume the reins of the nine Las Vegas retail sportsbook operations of MGM Resorts Int...
08/07/2025

BetMGM is seeking another year to assume the reins of the nine Las Vegas retail sportsbook operations of MGM Resorts International.

BetMGM is seeking another year to assume the reins of the nine Las Vegas retail sportsbook operations of MGM Resorts International.In February, the Nevada Gaming Commission signed off on BetMGM, a joint venture between MGM and European-based Entain. BetMGM was initially licensed as a manufacture

Executives of Light & Wonder employed their second-quarter-earnings call to announce the board’s decision to pursue deli...
08/07/2025

Executives of Light & Wonder employed their second-quarter-earnings call to announce the board’s decision to pursue delisting from the Nasdaq exchange, effective at the end of November.

Executives of Light & Wonder employed their second-quarter-earnings call to announce the board’s decision to pursue delisting from the Nasdaq exchange, effective at the end of November. Following the Nasdaq pullout, Light & Wonder shares will be traded solely on the ASX in Australia. “Th

Gambling’s growth potential lies in the digital sphere, as demonstrated by MGM Resorts International and Caesars Enterta...
08/06/2025

Gambling’s growth potential lies in the digital sphere, as demonstrated by MGM Resorts International and Caesars Entertainment.

Gambling’s growth potential lies in the digital sphere, as demonstrated by MGM Resorts International and Caesars Entertainment. That was the take of Jefferies Equity Research analyst David Katz, as outlined in an August 3 investor note.Katz took heart in what called the fundamental strength of

LAS VEGAS (AP) — When Susana Pacheco accepted a housekeeping job 16 years ago at a casino on the Las Vegas Strip, she be...
08/06/2025

LAS VEGAS (AP) — When Susana Pacheco accepted a housekeeping job 16 years ago at a casino on the Las Vegas Strip, she believed it was a step toward stability for her and her 2-year-old daughter.

LAS VEGAS (AP) — When Susana Pacheco accepted a housekeeping job 16 years ago at a casino on the Las Vegas Strip, she believed it was a step toward stability for her and her 2-year-old daughter.But the single mom found herself exhausted, falling behind on bills and without access to stable hea

Accel Entertainment reported record quarterly revenue of $335.9 million in the second quarter of 2025, an increase of 8....
08/06/2025

Accel Entertainment reported record quarterly revenue of $335.9 million in the second quarter of 2025, an increase of 8.6% year-over-year.

Accel Entertainment reported record quarterly revenue of $335.9 million in the second quarter of 2025, an increase of 8.6% year-over-year.But as the company cements its role as a major distributor of video gaming terminals, redemption machines, and amusement devices, CEO Andy Rubenstein said the

Dry Creek Rancheria and Caesars Entertainment on Monday announced that they recently broke ground on a joint project to ...
08/05/2025

Dry Creek Rancheria and Caesars Entertainment on Monday announced that they recently broke ground on a joint project to turn River Rock Casino into Caesars Republic Sonoma County in California.

Dry Creek Rancheria and Caesars Entertainment on Monday announced that they recently broke ground on a joint project to turn River Rock Casino into Caesars Republic Sonoma County in California. The partnership was launched when Dry Creek Rancheria selected Caesars Entertainment as development and ma

Nevada’s newest sportsbook launched near the Strip Monday afternoon in the typical Las Vegas fashion for openings, with ...
08/05/2025

Nevada’s newest sportsbook launched near the Strip Monday afternoon in the typical Las Vegas fashion for openings, with showgirls and dignitaries who not only cut the ribbon, but placed the first bets.

Nevada’s newest sportsbook launched near the Strip Monday afternoon in the typical Las Vegas fashion for openings, with showgirls and dignitaries who not only cut the ribbon, but placed the first bets.Boomer’s Sportsbook opened at Ellis Island, where the formal ceremonies were held, and at C

During the recent Casino Marketing & Technology Conference in Temecula, California, Delaware North Marketing Consultant ...
08/05/2025

During the recent Casino Marketing & Technology Conference in Temecula, California, Delaware North Marketing Consultant Mark Juliano recalled the time when a customer slipped a $1,000 bill into Juliano's jacket at the Sands Bay Marina Casino in Singapore.

During the recent Casino Marketing & Technology Conference in Temecula, California, Delaware North Marketing Consultant Mark Juliano recalled the time when a customer slipped a $1,000 bill into Juliano's jacket at the Sands Bay Marina Casino in Singapore.He eventually turned the money in to

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THE source for casino industry news. CDC Gaming Reports publishes gaming news, analysis, commentaries and more via email through three daily, two weekly, four monthly and two quarterly reports, along with From the Floor, a special publication issued from the floor of major industry trade shows, including G2E and ICE-London.

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