As excitement builds for Taylor Swift's upcoming concerts in New Orleans, Caesars Entertainment is optimistic about the financial impact these events will have on its operations. J.P. Morgan analysts recently met with Caesars management and emerged with a positive outlook, particularly regarding the company's prospects in Las Vegas and its ongoing projects in the region.
Concerts…
Chumash Casino Resort in Santa Ynez, California, has recently opened The Sports Bar at Chumash, a state-of-the-art venue designed to enhance the entertainment experience for its guests. This new addition features a wraparound bar with built-in countertop gaming units, a diverse menu from marketplace-style food stalls, and over 20 TV screens and LED walls showcasing…
Penn Entertainment has reported a narrower loss for its online gaming business in the third quarter of 2024, reflecting improved conditions in the sector and reduced expenses. Despite these positive developments, the company continues to face significant challenges in its casino operations. This article delves into the factors contributing to Penn Entertainment’s financial performance and…
Barry Gibson, the former Chair of Entain Group, has been honored with induction into the prestigious SBC Hall of Fame. This recognition took place during the SBC Leaders Summit in Lisbon, marking a significant milestone in Gibson’s illustrious career. The ceremony, held on September 24, 2024, at the Myriad By Sana hotel, celebrated Gibson’s contributions…
The Florida Gaming Control Commission (FGCC) is actively seeking a vendor to manage its Responsible Gambling (RG) program. This initiative aims to provide comprehensive resources and support to individuals struggling with gambling addiction. The FGCC’s move comes as the state continues to expand its gambling offerings, including sports betting, and recognizes the need for robust…
Bally’s Corporation has made a significant impact at the Community College of Rhode Island (CCRI) with its new job training program. This initiative, backed by a $5 million donation, aims to develop a comprehensive curriculum in hospitality, gaming, and security industries. The program is designed to equip students with the skills needed for careers in…
As Missouri gears up to vote on the legalization of sports betting, Illinois Governor J.B. Pritzker has stated that he does not foresee any negative impact on Illinois’ sports betting market. Missouri’s potential entry into the sports betting arena comes at a time when neighboring states have already embraced the industry. Governor Pritzker’s confidence stems…
In a significant legal development, Loterj operators in Rio de Janeiro have been granted an exemption from new federal betting regulations by Brazil’s Supreme Federal Court (STF). This ruling allows these operators to continue their activities despite missing the federal licensing deadline. The court’s decision, delivered on October 1, 2024, highlights the ongoing tension between…
Caesars Entertainment has been reaffirmed with a Buy rating by Deutsche Bank ahead of the Global Gaming Expo (G2E) analyst meeting. This positive outlook comes despite recent fluctuations in the company’s stock price, which hit a 52-week low in June. Analysts cite several factors contributing to this rating, including potential asset sales, share repurchases, and…
Casino Guru has achieved a remarkable milestone by winning the prestigious “Casino Affiliate of the Year” award at the SBC Awards 2024. This accolade highlights the company’s exceptional contributions to the online casino industry, solidifying its position as a leading authority in the field. The award was contested by 12 shortlists, but Casino Guru emerged…