Most of the countries around the world have suspended the operating of landbased casinos next to the restaurants and sports events. But when will the order returns and when will the much-anticipated casino reopening happen? Fortunately, MGM Resorts International has a straight answer since they resume operating one of their institutions on the 25th of May.
Despite having a net loss of $37.1m, MGM Q3 report still shows us that the gambling firm reported a 9% year-on-year increase in Q3 consolidated net revenue, to $3.3bn. Let’s take a look. The results also showed that MGM’s Las Vegas Strip Resorts saw net revenue rise 4% to $1.5bn, while revenue from regional operations […]
Just like ESPN and Fox, Yahoo is a US media company who has agreed a deal to expand their horizons into sports wagering. By signing the agreement with MGM Resorts International, Yahoo Sports will not also power sports betting. Let’s take a look. If you take a look at the latest online gambling news, you’ll […]
The wait is finally over! For the past few months, we have been hearing rumours flying about surrounding the infamous MGM Resorts International property, Bellagio. Well, it has finally been officially announced that Blackstone Real Estate Income Trust (BREIT) have agreed to purchase the land for $4.25bn in cash. Let’s take a look. If you […]
According to the latest reports, MGM Resorts International, the casino and hospitality giant, is in an advanced stage of negotiations with Phil Ruffin, who is a real estate buyer. The discussions are in place for the mega company to sell their Circus Circus property. Let’s take a look. Recently, in a story which came to […]
Japan is considered to be a goldmine for the gambling industry with all the big-guns going in for one of the three licenses the country will warrant to gambling operators. With different casino licenses up for grabs in several locations, the Osaka license appears to be the hottest one. Let’s take a look at which […]
The latest reports from the US suggest that Blackstone are interested in and have begun talks with MGM Resorts International. The purpose behind this is the keen interest which the company has in Bellagio and MGM Grand, with an idea to buy and lease back both properties. Let’s take a look. If you want to […]
The past two months have resulted in brilliant flows of cash for Ohio casinos. Well, for the most part. In July, there was a year-on-year increase of 2.3% as the local market took its gross gaming revenue (GGR) total to $162.2m. That was an increase for all venues with exception of MGM Northfield Park. August […]
The latest reports could turn out to be good news for both MGM Resorts International and Melco Resorts and Entertainment as Yumeshima, an artificial island in Osaka, has been approved for commercial use making it a strong candidate for an integrated resort. Let’s take a look. Currently, proposals are being put in place for three […]
In this report, we will be taking a look at the latest partnership between Roar Digital, the joint venture between MGM Resorts International and GVC Holdings, and sportsbook gambling firm Buffalo Wild Wings. The new multi-year contract will benefit both parties. Let’s take a look. If you want to learn more about what goes on […]
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