Daily news

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    Hard Rock International has launched PlayersEdge, a new initiative designed to help customers learn about responsible gambling and how to better manage their gaming habits.

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    Penn National Gaming has made a number of changes to its executive management team to coincide with the transition of Jay Snowden to the role of chief executive next month.

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    Penn National Gaming has selected Malta-based supplier White Hat Gaming to provide a player account management platform as it prepares to launch real-money betting in multiple states across the US.

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    Australia’s Aristocrat Leisure has reported a 22.7% year-on-year increase in revenue for the 12 months to 30 September, to AUD$4.40bn on a statutory basis.

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    Shareholders in Eldorado Resorts and Caesars Entertainment Corporation have voted to approve the proposed merger of the two operators.

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    Caesars Entertainment reported a 2.3% revenue increase to $2.24bn for the third quarter of 2019, but the operator swung to a loss due to impairment costs from the company’s sale of the Rio All-Suites Resort & Casino for a lower fee than the company’s valuation.

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    North American gaming giant MGM Resorts saw a 9% rise in revenues in the third quarter of 2019, as it benefitted from growth across its casino properties in the US and China.

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    Online casino games provider Red Rake Gaming has sealed its first social casino supply deal in the US, agreeing to provide free-to-play content to the Wind Creek Hospitality (WCH) authority of the Poarch Band of Creek Indians.

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    Casino operator MGM Resorts International has agreed to sell its iconic Bellagio Las Vegas property and form a joint venture with Blackstone Real Estate Income Trust, in a deal worth $4.25bn. MGM has also struck a deal to sell Circus Circus for $825m to an affiliate of Treasure Island owner Phil Ruffin.

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    Gaming businesses owned by Native American tribes have reported a 4.1% year-on-year increase in gross gaming revenue, to a record $33.72bn, in 2018.

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    Casino operator MGM Resorts International has announced that its GameSense responsible gaming initiative has surpassed 1m customer interactions at its US properties.

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    The Department of Justice (DoJ) has finally confirmed its intention to appeal the New Hampshire court ruling that set aside its revised opinion on the 1961 Wire Act.

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    Caesars Entertainment has reported a net loss of $532m (£437.0m/€474.9m) for the first half of 2019, despite also experiencing a year-on-year increase in net revenue.

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    Online betting and gaming technology provider GAN has cited ongoing growth in the US sports betting and igaming markets as the main driver of a 128.3% year-on-year increase in revenue during the second quarter.

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    Eldorado Resorts and Caesars Entertainment Corporation have entered into a definitive merger agreement that will create a new market leader in the US gambling sector. 

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    An amendment to a federal bill that determines funding granted to the Department of Justice seeks to block the money from being used to enforce its revised stance on the 1961 Wire Act. 

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    A memo from the US Deputy Attorney General has informed law enforcement staff working under the Department of Justice (DoJ) that there will be no attempt to enforce the revised interpretation of the Wire Act until 2020.

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    International Game Technology (IGT) has reported a 5% year-on-year decline in group revenue for the first quarter of 2019, a result of lower revenue from gaming operations.

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    Delaware has revealed a month-on-month decline in sports betting revenue for April, while online gaming revenue also fell to a yearly low during the month.

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    Inspired Entertainment has reported a 10.1% decline in revenue for the first quarter of 2019, the result of a dip in the performance of its server-based gaming (SBG) division.

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