Ohio’s casino industry started 2025 on a strong note, reporting a 3.5% year-over-year increase in revenue for January. The state’s four casinos collectively pulled in $77.8 million, surpassing the $75.2 million recorded in January 2024, according to the Ohio Casino Control Commission.
Slot and Table Game Revenue Both Climb
Breaking down the numbers, both table…
More than 250 cybersecurity professionals, tribal leaders, and IT experts gathered in Miami last week for the first-ever in-person TribalHub Cybersecurity Summit—after four years of virtual sessions. The key takeaway? Tribes need more resources, better funding, and stronger defenses to protect their communities from the growing wave of cyberattacks.
Tribes Struggle to Keep Up with…
Genting Group is undergoing a leadership shift, with Lim Kok Thay stepping down as CEO of Genting Berhad. The company made the announcement late Thursday, stating that the long-time leader will remain as Executive Chairman while Tan Kong Han, the current President and COO, takes over as the new CEO.
Leadership Change at Genting Berhad…
Genting Berhad is doubling down on efforts to improve profitability at its flagship US property, Resorts World Las Vegas (RWLV), after a dismal fourth quarter that saw earnings nosedive. Despite a slight sequential revenue bump, the resort’s EBITDA barely broke even, signaling ongoing challenges in the highly competitive Las Vegas market.
Revenue Stalls, Earnings Crumble…
The Prairie Band Casino & Resort in Mayetta, Kansas, is gearing up to host the second annual Class 2 Gathering Conference from June 2-4. The event will bring together casino operators, gaming professionals, and industry experts for a mix of educational sessions, networking opportunities, and new product showcases.
This year, the conference is expanding with…
Wynn Resorts has officially filed a disclosure with the Securities and Exchange Commission (SEC), confirming that billionaire Tilman Fertitta now owns more than 10% of the company’s shares. This move cements Fertitta as the casino giant’s largest shareholder, putting him ahead of Elaine Wynn, the ex-wife of founder Steve Wynn.
Fertitta’s Growing Influence at Wynn…
Wynn Resorts got a confidence boost from J.P. Morgan after delivering stronger-than-expected fourth-quarter results. The firm raised its December 2025 price target for the casino operator’s stock to $117, up from previous estimates, reflecting solid gains in both Las Vegas and Macau. Wynn’s shares closed at $90.76 on Friday, but the latest analysis suggests there’s…
A second Donald Trump presidency could shake up the gambling industry in ways that aren’t entirely clear yet—but insiders are already bracing for challenges. From labor shortages to supply chain disruptions, casino operators and other gaming stakeholders may face a bumpy ride depending on how policy shifts unfold.
Workforce Shortages Could Hit Casinos Hard
Hiring…
U.S. Rep. Steven Horsford is leading a charge to eliminate the subminimum wage and taxes on tips, a move that has gained strong backing from Nevada’s influential Culinary Union. While former President Donald Trump has floated a similar idea, Horsford is making it clear his version goes further—closing loopholes and ensuring workers see real benefits.…
A rare moment? Not really. Kenny Epstein is almost always smiling. But on Thursday evening, that signature grin was wider than ever. The longtime chairman and CEO of El Cortez had every reason to beam. After all, his beloved hotel-casino just got a $20 million upgrade, and the entire city was celebrating.
A Nod to…