South Korean Analysts Lower Casino Earnings Forecasts Amid Government
South Korean financial analysts have downgraded their domestic casino earnings forecasts as the government considers increasing fund contributions for operators.
Casino Industry
6 Posts
Pennsylvania Casino Revenue Vital for Local Communities
Recent figures from Pennsylvania’s casino industry tell two conflicting stories. The sector remains critical in helping local governments fund everything from sewer repairs to police equipment.
People Inc. Bids $18 Billion for MGM Resorts
People Inc. has made submitted an offer worth roughly $18 billion in an attempt to take control of MGM Resorts International by acquiring the casino operator outright.
Fertitta Entertainment to Acquire Caesars in $17.9 Billion Deal
Fertitta Entertainment has agreed to acquire Caesars Entertainment in a $17.6 billion all-cash deal, including $11.9 billion of Caesars’ debt.
Macau Casino Revenue Up 5.5% Year-on-Year in April
Macau’s casino revenue rose from a year earlier in April but declined from the previous month, reflecting typical seasonal weakness after a stronger March.
Atlantic City Casino Industry Report Highlights Economic Impact
Despite ongoing challenges in the gaming environment, the Atlantic City casino industry continues to power the regional economy by supporting jobs, growth, and investment, serving as a vital community partner, according to the third annual report released by the Lloyd D. Levenson Institute of Gaming