Detroit’s casino industry hit a speed bump in February, falling short of the $100 million revenue mark for the first time in 13 months. According to the Michigan Gaming Control Board (MGCB), the city's three casinos combined for $98 million in revenue last month, a decline both month-over-month and year-over-year.
A Disappointing February for Detroit’s…
Light & Wonder (L&W) is charging ahead with its latest slot cabinet, a machine the company calls a “workhorse” built for high performance and widespread appeal. After a successful soft launch, the new cabinet is now rolling out across casino floors, quickly gaining traction among players and operators alike.
A Slot Cabinet Built to Dominate…
Light & Wonder’s new AI-driven platform, ENGAGE AI, is making headlines in the gaming industry. After securing the 2024 Product Innovation of the Year award at the Global Gaming Expo, the platform is gaining traction across casinos in the U.S., Australia, New Zealand, and Asia. By offering real-time insights, ENGAGE AI is set to redefine…
Bally’s Corporation unexpectedly pulled the plug on its fourth-quarter earnings call with just 15 minutes’ notice, raising eyebrows on Wall Street. But that didn’t stop analysts from weighing in. Some saw potential in the company’s long-term projects, while others pointed to immediate financial challenges and concerns over debt.
Analysts React to Bally’s Last-Minute Cancellation
Truist…
The World Series of Poker Circuit (WSOPC) is heading back to New York. Turning Stone Resort Casino in Verona will host the prestigious festival, kicking off on March 13, 2025. With 18 gold rings up for grabs and a guaranteed prize pool of at least $2.63 million, this is set to be one of the…
One of the most celebrated events in World Poker Tour (WPT) history is making a long-awaited comeback. The Bay 101 Shooting Star Championship, a tournament with a legacy dating back to 1997, is officially back on the WPT schedule for the first time since 2017. This marks a significant return for one of poker’s most…
The latest addition to New Hampshire’s gaming industry, The Nash Casino, sits so close to the Massachusetts border that visitors must cross state lines just to step inside. Housed in a former Sears building at Pheasant Lane Mall, the 130,000-square-foot facility promises a major economic impact while raising fresh competition for casinos in neighboring Massachusetts.…
Fourth-quarter earnings for Full House Resorts showed significant revenue growth, but profits remained elusive. The company reported a 21% increase in revenue, reaching $73 million, up from $60 million in the same period last year. Yet, despite the positive momentum, the company still posted a $12.3 million loss—unchanged from the previous year. Management pointed to…
Robert Goldstein, the long-serving chairman and CEO of Las Vegas Sands, is set to transition into a senior advisory role in March 2026, paving the way for current President and Chief Operating Officer Patrick Dumont to take over as chairman and CEO. The company announced the leadership shift on Thursday, marking a significant transition for…
Chamonix, the flagship casino resort of Full House Resorts in Cripple Creek, Colorado, has undergone a dramatic leadership overhaul. The company disclosed during its fourth-quarter earnings call that it had dismissed the casino’s upper management, signaling a major shift in strategy as revenues failed to meet expectations.
New Leadership, New Direction
CEO Dan Lee made…