Author: newsnet5

Outstanding Quarterly Performance by MGM China MGM China has experienced a remarkably strong year so far, recently announcing its highest-ever quarterly financial outcomes. This success coincides with a sustained resurgence in Macau’s tourism and gaming industries. Net Revenue Climbs by 8.4% in Q2 During the April to June quarter, MGM China reported net revenue of […]

Tragic Shooting at Reno Casino On Monday, July 28, a devastating shooting occurred at the Grand Sierra Resort and Casino in Reno, Nevada. Dakota Hawver, a 26-year-old man, opened fire on casino patrons, resulting in the deaths of three people and injuries to three others. Law enforcement responded quickly to the scene, managing to wound […]

MyPrize Raises $21 Million to Boost Growth and Platform Development MyPrize, a leading social casino company, has successfully completed its latest funding round, raising $21 million to support its expansion and platform enhancements. This infusion of capital marks an important milestone in the company’s ongoing growth strategy. Funding Success with a Valuation Cap of $250 […]

NYC Mayor Overrides Council to Support Bally’s Bronx Casino On Wednesday, New York City Mayor Eric Adams exercised his veto power against the City Council’s decision regarding the zoning for Bally’s proposed casino in the Bronx. This move allows the ambitious $4 billion casino project to continue advancing. Mayor Criticizes Council’s Uneven Treatment of Boroughs […]

Flutter Entertainment’s Full Acquisition of FanDuel Earlier this month, Flutter Entertainment completed its acquisition of the remaining 5% stake in FanDuel from Boyd Gaming Corporation. This purchase finalizes Flutter’s complete ownership of one of the premier sportsbook operators. Details of the Acquisition and Financial Impact The transaction valued FanDuel at an impressive $31 billion, which […]

Tilman Fertitta Delays Plans for Vegas Strip Casino Billionaire Tilman Fertitta has paused his ambitious casino development project on the Las Vegas Strip. This decision comes as Fertitta’s representatives cite potential conflicts of interest related to his investment holdings as the primary reason for putting the project on hold. Original Vision for a Major Casino […]

ComeOn Group and Evoke Collaborate to Reintroduce 888 in the Dutch Market The prominent iGaming operator, ComeOn Group, has announced a strategic collaboration with the renowned betting and gaming company Evoke. This partnership focuses on reintroducing the 888 gaming brand to players in the Netherlands. 888 Returns to the Netherlands with a Strong Partnership Evoke […]

FDJ UNITED, formerly known as La Française des Jeux and a prominent player in Europe’s lottery, betting, and gaming sector, has released its financial results for the first half of 2025, highlighting significant revenue growth following its acquisition of Kindred. Steady Business Growth Despite Challenges in UK and Netherlands In its latest financial disclosure, FDJ […]

Introduction Second chances are important, but for Willie Greenwood, they seem to hold little weight. Greenwood was previously arrested at Bally’s temporary casino located in Medinah Temple, where he targeted unsuspecting visitors. He exploited the shuttle bus service connecting the casino to Chinatown to carry out his crimes. Details of Greenwood’s Crimes After his initial […]

Confidence in Las Vegas Tourism Recovery During a recent quarterly investor call, Bill Hornbuckle, President and CEO of MGM Resorts International, expressed optimism about the future of Las Vegas tourism. Despite a notable 11.3% drop in visitation for the month of June, Hornbuckle remains confident that the city’s visitor numbers and conference bookings will rebound, […]