Plans for a new Rosie’s Gaming Emporium in Henrico County may hit a roadblock unless residents get a say in its approval. The latest state budget proposal seeks to mandate public referendums for new gambling sites, stirring debate over community input and corporate influence.
General Assembly Moves to Ensure Public Input
Virginia lawmakers sent a…
The Indian Gaming Tradeshow & Convention is gearing up for its milestone 40th anniversary event, set to take place from March 31 to April 3 at the San Diego Convention Center. Organizers have teased a packed agenda focusing on the future of tribal gaming amid regulatory shifts, technological advancements, and evolving market conditions.
A Pivotal…
Codere Online has posted impressive revenue growth for 2024, with net gaming revenue surging by 23% year-on-year. The company also saw an 18.1% rise in adjusted EBITDA. However, despite its success in core markets like Spain and Mexico, the online gaming operator is struggling to expand its footprint in Argentina due to licensing barriers.
Revenue…
Light & Wonder (L&W) is making a bold move into the electronic pull tab market with its $1 billion acquisition of Grover Gaming, announced on February 18. CEO Matt Wilson didn’t hold back his enthusiasm, kicking off an evening conference call with Wall Street analysts by mistakenly greeting them with a chipper “Good morning!” The…
Iowa legislators are taking swift action to block plans for a proposed $275 million casino in Cedar Rapids. The effort comes as the state’s gaming commission inches closer to deciding on the project, sparking a heated debate on the future of gambling expansion in Iowa.
The Five-Year Freeze Gaining Momentum
On Monday, Iowa's House Ways &…
The gaming sector, often marked by its cyclical highs and lows, might see a more favorable turn in 2025. According to Chad Beynon, a gaming analyst at Macquarie Group, online gaming and Macau-centric stocks are set to outperform, while Las Vegas casino operators appear less promising. Beynon’s predictions paint a mixed but optimistic picture for…
The World Game Protection Conference is set to return to Las Vegas from March 11-13, promising vital insights into the casino industry’s evolving challenges. The annual event will convene at the Rio Las Vegas, drawing professionals to tackle emerging risks, scams, and compliance issues facing casinos globally.
A Legacy of Vigilance
Since its inception in 2006,…
Boyd Gaming’s stock price received an optimistic upgrade from J.P. Morgan, as the firm anticipates robust fourth-quarter earnings for the regional gaming giant. The updated price target is now set at $80 for 2025, up from the prior estimate of $74, reflecting stronger-than-expected performance in the company’s key markets.
Regional Gaming Fuels Optimism
J.P. Morgan analyst…
Japanese gaming supplier Konami is gearing up to capture a larger share of Macau's lucrative slot machine market in 2025. This ambitious goal comes amid evolving industry standards and opportunities for diversification on gaming floors.
A Strategic Focus on Macau
Macau has long been dominated by regional heavyweights Aristocrat and Light & Wonder. However, David Punter,…
Kirk Hendrick, the chairman of the Nevada Gaming Control Board (NGCB), has announced he will resign from his role following the conclusion of the 2025 legislative session. Appointed in January 2023 by Governor Joe Lombardo, Hendrick’s resignation marks a significant leadership change within the state’s gaming regulatory agency.
Hendrick’s exact departure date is yet to be…