Casino moguls

TABCORP CEO Steps Down After Alleged Use Of “Offensive And Inappropriate Language” In The Workplace

Adam Rytenskild, chief executive of TABCORP, has resigned from the firm, following the initiation of an inquiry by the board into whether he utilized offensive and inappropriate language in the workplace, accor...

Wynn Las Vegas Takes Legal Action Against Fontainebleau For Supposedly Trying To Steal Its Workers

For a very long time, executives of the Wynn Las Vegas believed that Fontainebleau was actively trying to copy the unique experience that Wynn provides to its guests. It went so far that Fontainebleau began poa...

Galaxy Ent. Releases Financial Report For 4Q23 & FY23; GGR Grew 6% Sequentially In 4Q23

Galaxy Entertainment Group revealed net income of HK$10.3bln, which is approximately US$1.32bln, for the period of 3 months leading to December 31 of the previous year, which jumped by 254% compared to the prev...

Las Vegas Sands Faces Another Legal Challenge Over Its NY Casino-Resort Plans

Recently, New York State Supreme Court Justice Sarika Kapoor, the very same judge who formerly invalidated lease of the Las Vegas Sands (LVS) with Nassau County last November, decided that LVS doesn't have a le...

MGM China’s Adjusted Property EBITDAR Reaches All-Time High For 4Q23 And FY23

For one of Macau’s 6 concessionaires, MGM China, last year was its best year of all time in terms of income collected, as it officially revealed all-time highs for 4Q23 and entire year Adjusted Property EBITDAR...

Crown Resorts Investigation Discovers Its CEO Ciaran Carruthers Didn’t Break Any Regulation or Law

Following an investigation by Crown Resorts into allegations that its chief executive, Ciaran Carruthers, permitted patrons to re-enter its Melbourne casino after being removed by the security, the said firm ca...

Bally’s Temporary Casino in Chicago Surpasses $10 Million in Gross Gaming Revenue in January

Bally’s began the new year with fantastic results, especially when it came to the company’s temporary casino in Chicago.? Fantastic results in the new year: The casino, which is located at the Medinah Tem...

MGM Resorts’ CEO Bill Hornbuckle Reveals Plans to Produce Its Own Products

MGM Resorts International is working hard towards the expansion in the field of slot machines and live dealer broadcasting. On a mission to blur the border between online and land-based channels the company own...

Las Vegas Sands Hit the Records in Q4 of 2023, Adjusted Property EBITDA Is US$1.20 Billion

The popular Las Vegas Sands published the figures from Q4 of 2023, and the Adjusted Property EBITDA was US$1.20 billion in October, November, and December. The figures were increased partly because of renewed M...

Nassau County Executive Claims that Hofstra University Derails Casino Project

After Las Vegas Sands announced a $4 billion redevelopment of the? in Nassau County, the casino and entertainment corporation has been working to receive one of the four available licenses for a casino developm...

Jeju Dream Tower Reports 249% Increase in Casino Profits In 2023; Paradise Co Reports 113% Increase In Casino Profits In 2023

The casino income of Jeju Dream Tower IR, an integrated resort owned by Lotte Tour Development, increased 249% over the previous year to KRW152.3 billion, which is approximately $116 million. The primary reason...

Florida Senator Proposes Bill to Allow Expansion of Parimutuel Facilities

Florida State Sen. Blaise Ingoglia has filed Senate Bill 1054 to support the expansion of parimutuel gambling in the Sunshine State. The bill proposing to delete “a requirement that certain permit holders show ...