Caesars Entertainment is poised to show a stronger hold than its competitors on the Las Vegas Strip when it reports earnings next Tuesday, but investors shouldn’t expect it to hit consensus estimates. That’s the latest assessment from Deutsche Bank analyst Carlo Santarelli, who urged caution amid rising expectations for the casino giant.
Analyst Cautions Against…
A bipartisan group of lawmakers is once again making a case for eliminating a decades-old tax on legal sports betting. Representatives Dina Titus (D-Nev.) and Guy Reschenthaler (R-Pa.), co-chairs of the Congressional Gaming Caucus, reintroduced legislation Tuesday to repeal the federal excise tax on sports wagering. It marks their fourth attempt to get rid of…
A proposal that could have paved the way for a $300 million casino and resort in Grand Forks was shot down in the North Dakota Senate on Friday. The bill, which would have allowed the Turtle Mountain Band of Chippewa to expand beyond its traditional boundaries, faced heated debate before being defeated.
Heated Debate and…
Virginia’s casino industry started 2025 on a high note, posting a significant 36% increase in revenues compared to the same month last year. The three land-based casinos in the state pulled in a combined $72.3 million in January, a sharp jump from the $52.8 million recorded in January 2024, according to the latest Virginia Lottery…
A single card can change everything in poker, sometimes in the cruelest way imaginable. That’s exactly what happened at the PHP 150,000 (USD $2,600) High Roller event at the Asian Poker Tour (APT) Manila Classic, where a jaw-dropping bad beat sent a seasoned player home empty-handed—just one spot away from the money.
A Heartbreaker on…
The entertainment and poker communities are mourning the loss of actor Kevyn Major Howard, who passed away on February 14, 2025, at the age of 69. Best known for his role as “Rafterman” in Full Metal Jacket, Howard was also a dedicated advocate for autism-related causes, particularly through the Ante 4 Autism charity poker tournament.…
Ali Imsirovic, once one of the most feared high-stakes poker players, was thrown out of the Champions Club Winter Poker Open in Houston before he could even play a hand. The disgraced pro, who admitted to some cheating allegations last year, registered for the $1,500 Main Event on Saturday but was swiftly disqualified and banned…
For 17 years, the Earl Holt–John Seaman Charity Poker Tournament has been proving that poker isn't just about winning big pots—it can also be a powerful force for good. While scandalous stories often dominate the poker world, this long-running Montana event is a reminder that the game has a charitable side too.
A Tradition of…
DraftKings is heading into 2025 with confidence after a blockbuster 2024. CEO and co-founder Jason Robins, speaking during the company’s latest earnings call, painted an optimistic picture of the future. With record revenues, a growing customer base, and strong market positioning, the sports betting giant believes its best days are ahead.
Record Revenue Signals Momentum…
Atlantic City’s brick-and-mortar casinos were once the undisputed kings of gambling revenue. But this January, they found themselves trailing online casinos—a trend that’s becoming harder to ignore. Despite an overall revenue increase from last year, the numbers reveal a shifting industry landscape that could reshape the city’s gambling market for good.
Atlantic City Casinos Report…