Golden Entertainment revenue drops 37% i🍨n Q🥃1 2024

Golden Entertainment has posted a 37 per cent drop in revenue to $174.0 million for the first quarter of 2024, following the sale of Rocky Gap Casino and its distributed gaming operations in Montana and Nevada last year.Excluding the divestitures, revenue from continuing operations fell by 1 per cent to [...]

Ainsworth🐻 names new SVP of compliance and general counsel

Ainsworth Game Technology has appointed Nancy Ramirez Ayala as senior vice president, general counsel and group compliance officer.Prior to joining Ainsworth, Ayala served as vice president of legal at Rush Street Interactive, having previously served as assistant general counsel/Intellectual Property counsel for William Hill US.“Nancy’s passion for her work in [...]

Ainsworth puts strategic review on🐻 hold to focus on improved finaౠncials

Sydney-listed Ainsworth Game Technology has put its strategic review on hold in order to “optimize” the company’s financial results and performance.The company’s Board has decided to pause the previously announced strategic review being undertaken by Macquarie Capital in order to focus on organic operations and ensure that the review is [...]

♉AGS agrees $1.1 billion deal to be taken private

Gaming supplier PlayAGS is set to go private after signing a definitive agreement to be acquired by affiliates of New York-based private equity firm Brightstar Capital Partners for $1.1 billion.The deal will see AGS shareholders receive $12.50 per share in cash, with the purchase price representing a 41 per cent [...]

Full House Resorts revenue grows 40% ಌin first quarter

Casino operator Full House Resorts has posted a 40 per cent increase in revenue to $69.9 million for the first quarter of 2024, benefiting from the continued ramp-up of operations at American Place Casino in Illinois.Revenue from the Midwest & South segment grew by 34 per cent to $54.6 million, [...]

Accel Entertainment g🎀rows Q1 revenue to $301.8 million

New York-listed distributed gaming operator Accel Entertainment has posted a 3 per cent increase in net revenue to $301.8 million for the first quarter of 2024, driven by growth in Illinois and Montana.Illinois continues to be Accel’s strongest market as revenue rose by 2 per cent to $224.9 million in [...]

billioꦬn casino royal: Everi posts re෴venue decline in Q1

Everi Holdings has announced revenue of $189.3 million for the first quarter of 2024, with the lower revenue contributing to an 84 per cent drop in net income.Revenue in the first quarter was down 5.6 per from $200.5 million a year ago, as revenue from Everi’s Games segment fell by [...]

Wynn Resorts revenue reaches $1.86 billion in first quarte✤r

Wynn Resorts has reported a 31 per cent increase in revenue to $1.86 billion for the first quarter of 2024, with growth across all of its operations.In Macau, Wynn Palace revenue increased by 59 per cent to $586.9 million in the first quarter, with Wynn Macau revenue 78 per cent [...]

Swedish ཧParliament approves gambling tax increase to 22%

The Swedish Parliament (Riksdag) has agreed to the government's proposal to raise the excise tax on gambling from 18 to 22 per cent of gross gaming revenue (GGR).The change in law will come into force on 1 July after the Riksdag voted in favour of the tax rise late last [...]

billion casino royal: GLI acquires gaming testing l😼ab Trisigma🐻

Gaming Laboratories International (GLI) is expanding its testing and certification capabilities with the acquisition of gaming testing lab Trisigma.Trisigma will continue to operate its network of testing laboratories independently while coordinating its efforts with GLI's larger sales, operations, and back-office staff globally.Following the acquisition, Esther Ballart will continue to lead [...]

VICI Pro🐲perties neaꦗrs $1 billion in first quarter revenue

New York-listed real estate investment trust VICI Properties has posted an 8 per cent increase in revenue to $951.5 million for the first quarter of 2024.Income from sales-type leases grew by 7 per cent year-on-year to $512.8 million, including $254.9 million from Caesars’ master leases, $78.0 million from MGM Grand/Mandalay [...]

VICI to providꦬe $700 million to enhance The Venetian Resort Las Vegas

VICI Properties has agreed to provide $700 million of financing for The Venetian Resort Las Vegas through its Partner Property Growth Fund strategy.VICI has agreed to provide up to $700 million of financing, of which $400 million will be drawn in 2024, alongside an incremental $300 million that The Venetian [...]