News

Las Vegas Sands Corp shocked Wall Street and the casino world today by locking in Patrick Dumont as its next Chairman and Chief Executive Officer starting March 1, 2026. The 50-year-old executive, who is also the son-in-law of late founder Sheldon Adelson, will take full control of the $33 billion gaming giant from Robert Goldstein…

Wynn Resorts just posted numbers that tell two very different stories. Macau delivered strong growth that pushed total operating revenue higher, yet Las Vegas and Boston dragged earnings down sharply. The casino giant still made money, but profits took a clear hit. The company reported late Thursday that operating revenue for the fourth quarter reached $1.87…

Red Rock Resorts just dropped numbers that sent investors cheering Tuesday: the Las Vegas locals casino giant posted its strongest quarter ever, with revenue climbing to $511.8 million and adjusted EBITDA jumping more than 5% year-over-year, even as net income dipped slightly. The operator of Station Casinos properties across the Las Vegas valley reported net revenue…

California just dropped a bomb on its card rooms. State regulators approved strict new rules that will make it nearly impossible for places like Capitol Casino and Limelight Cardroom in Sacramento to keep running blackjack-style games the way they have for decades. The change is simple but brutal: the "player-dealer" position must now rotate after every…

MGM Resorts International's top boss dropped a tough truth on Thursday. Bill Hornbuckle, the company's president and CEO, said revenue on the Las Vegas Strip took a hit in 2025. This news comes as the city faces a tourism slowdown, but the firm still posted overall gains thanks to strong spots elsewhere. MGM Resorts wrapped up…

Visitors to casinos outside Las Vegas dropped sharply in January as brutal winter storms kept gamblers at home. Yet the money those who did show up spent actually rose, creating a mixed picture for the industry. J.P. Morgan gaming analyst Daniel Politzer released a note on February 4 that caught Wall Street's attention. His team tracked…