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Nevada

MGM Resorts agrees deal to take full ownership of CityCenter

New York-listed casino operator MGM Resorts International has entered into a definitive agreement to purchase Infinity World Development Corp's 50 per cent stake in CityCenter [...]

1 min read
mgm

Nevada gambling market surpasses $1bn in April

Nevada’s licensed casinos generated total gaming win of more than $1bn for the second consecutive month in April 2021.

Gaming win totalled $1.04bn during the month, [...]

1 min read

Nevada Gaming Control Board lifts casino occupancy limits

Nevada casinos will be allowed to resume normal operations from June 1 with the lifting of Covid-19 mitigation protocols.

The Nevada Gaming Control Board (NGCB) said [...]

1 min read
mgm

San Manuel enter Nevada gaming market with Palms acquisition

The San Manuel Band of Mission Indians are entering Nevada’s gambling market with a deal to acquire the Palms Casino Resort in Las Vegas.

San Manuel [...]

1 min read

Nevada gambling market returns to growth in March

Nevada’s gambling market generated total gaming win of $2.60bn in the first quarter of 2021 following a return to growth in March.

Total gaming win rose [...]

1 min read

Bally’s agrees $308m deal to acquire Tropicana Las Vegas

New York-listed Bally's Corporation has set its sights on the Las Vegas Strip with a $308m deal to acquire Tropicana Las Vegas.

The acquisition represents the [...]

1 min read

Bally’s completes acquisition of Caesars’ MontBleu casino in Nevada

Bally's Corporation has completed its acquisition of the MontBleu Resort Casino & Spa in Nevada from Caesars Entertainment.

Bally's signed an initial agreement last April to [...]

1 min read

Nevada gaming market contracts in February

Nevada’s regulated gambling market has seen total gaming win decline by 26 per cent versus a year ago to $772.4m in February 2021.

Gaming revenue declined [...]

1 min read
Caesars Entertainment

Caesars takes insurance carriers to court over $2bn pandemic losses

New York-listed casino operator Caesars Entertainment has filed a lawsuit against its insurance carriers for refusing to pay out in relation to the COVID-19 pandemic.

Caesars [...]

1 min read
IGT

IGT secures Nevada approval for PlaySports sports betting platform

New York-listed supplier International Game Technology (IGT) has secured regulatory approval for its PlaySports retail and online sports betting platform in Nevada.

The approval allows IGT [...]

2 mins read

Nevada gambling revenue declines for 11th consecutive month

Nevada’s regulated gambling market contracted again in January 2021 as total gaming revenue fell by 27 per cent to $761.8m.

Gaming revenue declined year-on-year for the [...]

1 min read

Nevada casinos increase profits to $2.89bn in FY2020

Nevada’s land-based casinos recorded a 40 per cent increase in net income to $2.89bn for the year ended 30 June 2020, despite the impact of [...]

1 min read
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