A major economic and entertainment proposal by the Little River Band of Ottawa Indians appears to be faltering. After nearly 14 years of effort and a $30 million investment, the tribe’s Muskegon County casino project, valued at $180 million, is reportedly near the end of the road. Ogema (Chief) Larry Romanelli confirmed the disappointing news,…
Aristocrat Leisure has reported impressive performance in its social gaming operations, bolstered by a strong December, according to a recent investor note by Jefferies Equity Research analyst Kai Erman. While many competitors in the sector struggled, Aristocrat emerged as a standout, gaining market share and positioning itself for further growth.
Strong December Drives Revenue Growth
December…
Las Vegas is buzzing this week as CES, the world’s largest consumer electronics show, returns to the Strip. With an expected 140,000 attendees, the city is gearing up for four days of cutting-edge tech, networking, and economic impact that underscores the ongoing recovery of its convention industry.
A City Transformed by Tech
For a few days…
Red Rock Resorts is capturing investor attention with ambitious development plans and strategic management of the North Fork casino project in Northern California. Deutsche Bank has expressed optimism, maintaining a "Buy" rating with a price target of $62, significantly above the mid-$40 range the stock is trading in as of late 2024.
Major Development Projects Slated…
A false report about an explosive threat at Pure Casino Lethbridge disrupted the peace Thursday evening, but police have since determined it was a ‘swatting’ hoax. The incident serves as a chilling reminder of the dangers of false emergency calls that aim to provoke heavy law enforcement responses.
Police Respond to Explosive Threat Call
At approximately…
The buzz around Innisfil’s casino relocation is gaining momentum, with industry insiders and locals pondering the implications of such a significant move. Gateway Casinos and Entertainment has confirmed its plan to shift gaming operations from Georgian Downs to a new site, sparking debates on its economic, social, and community impact.
A New Address for Innisfil’s Casino…
Accel Entertainment has captured attention with its recent acquisition of Fairmount Holdings and a promising outlook for further growth. Analysts are optimistic about the company's strategic moves, strong financials, and focus on diversifying beyond Illinois. Here's a closer look at what has Wall Street buzzing.
The Fairmount Acquisition: A Strategic Move
In December, Accel completed a…
Golden Entertainment (NASDAQ: GDEN) has caught the attention of Deutsche Bank analysts, earning a "Buy" rating based on anticipated real estate transactions and strategic shifts in 2025. The bank’s analysis suggests significant upside potential for the stock, tied to possible changes in the company’s operational structure.
Real Estate Sales as a Game Changer
Deutsche Bank analyst…
Twenty years after a previous attempt fizzled out, workers at Seneca Niagara Resort & Casino are reviving their fight for union representation. Frustrations over pay, job security, and workplace policies have spurred employees to join forces, aiming for better treatment and stronger protections.
A Decades-Old Effort Gets New Life
The movement to unionize at the casino…
The Comanche Spur Casino, nestled in Elgin, Oklahoma, has reached unprecedented milestones thanks to the leadership of General Manager Kellie McCarthy. Appointed in 2024, McCarthy’s approach has revitalized the casino, blending operational excellence with a heartfelt connection to the community.
From Local Roots to Leading the Charge
McCarthy’s connection to the Comanche Spur Casino is deeply…