News

Officials from Peoria are courting Boyd Gaming with a vision for the future. Several potential sites in Peoria have been pitched for a new land-based casino, aiming to replace the Par-A-Dice Casino riverboat currently located in East Peoria. This proposal is part of ongoing discussions between the city and Boyd Gaming as the future of…

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…

A proposed casino in Jackson, Mississippi, has sparked debate among local leaders and residents. While some see it as a potential boost to the city's economy, not everyone is convinced. Jackson City Councilman Ashby Foote has voiced strong reservations about the idea, arguing it might not provide the salvation the city needs. The Casino Proposal: A…

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…

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…