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Fairfax County government meeting room

Fairfax County Supervisors Reaffirm Concerns Over Proposed Tysons Casino

The Fairfax County Board of Supervisors is revisiting its concerns about a potential casino in the Tysons area, underscoring their stance on the proposed legislation. This follows updates to a letter originally sent in January 2024, where board members outlined reservations about the casino referendum. Revisiting the Casino Referendum Debate The discussion reignited with Senate Majority…

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Penn Entertainment regional casino operations

Solid Demand Since Election Boosts Analyst’s Estimate of Penn’s Q4 Earnings

Penn Entertainment’s fourth-quarter earnings forecast has received a positive adjustment, thanks to stronger-than-anticipated regional gaming performance, according to a recent J.P. Morgan report. However, adverse winter conditions are expected to weigh on early 2025 results. Gaming Revenue Trends Offer Mixed Signals J.P. Morgan analyst Joseph Greff highlighted state-reported gaming revenue data showing robust demand both before…

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Iowa Racing and Gaming Commission meeting

Iowa’s Cedar Crossing Casino: Will the Controversy Finally Find Resolution?

The future of Cedar Crossing Casino in Cedar Rapids is as uncertain as ever after Thursday’s Iowa Racing and Gaming Commission (IRGC) meeting. While some see progress, others question whether the hurdles are simply too high to overcome. Mayor O’Donnell Declares a Partial Victory Cedar Rapids Mayor Tiffany O’Donnell struck a defiant yet hopeful tone following…

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regional casino map usa

Regional Gaming Growth: Deutsche Bank Analyst Challenges Industry Stereotypes

The notion that regional gaming is a flat-to-slightly-positive growth market is a misconception, argues Deutsche Bank analyst Carlo Santarelli. In a January 24 investor note, Santarelli delved into the nuanced factors driving casino revenue growth—or decline—across the United States. His analysis highlights the critical need for context when interpreting industry trends. Growth or Decline? It's Not…

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