MGM China is reportedly in discussions with a consortium of lenders to secure a $2 billion syndicated loan, marking its first major financing move since the COVID-19 pandemic began in 2020. According to sources cited by Bloomberg, the casino operator…
Macau’s casinos posted a welcome rebound in February, with gross gaming revenue (GGR) reaching MOP19.7 billion (US$2.46 billion), the strongest monthly performance since October and a boost for the enclave’s six operators. February revenue was up 8% from January’s US$2.27…
Genting Berhad, the Malaysia-based conglomerate with interests ranging from casino gaming to oil palm plantations, is no longer under the daily management of the Lim family for the first time in its nearly 60-year history. The shift follows the unexpected…
Las Vegas Sands (NYSE: LVS) said Thursday that Chairman and CEO Robert Goldstein will step into a senior advisor role on March 1, 2026. The company added that its board plans to nominate President and COO Patrick Dumont to assume…
As Thailand moves closer to legalizing casino gaming, officials have identified Bangkok, Chon Buri, Chiang Mai, and Phuket as the first cities to host regulated gaming venues. The locations were selected by a special committee overseeing proposed legislation for large-scale…
Las Vegas Sands may have dropped its bid for a New York City casino license, but a Long Island community group says that isn’t enough. The Say No to the Casino Civic Association is urging Nassau County Executive Bruce Blakeman…
Wynn Resorts (NASDAQ: WYNN) CEO Craig Billings sees significant upside in the United Arab Emirates (UAE), where the company is making rapid progress on its Wynn Al Marjan Island casino resort. Speaking on CNBC’s “Mad Money,” Billings told host Jim…
Wynn Resorts’ (NASDAQ: WYNN) exclusive position in the United Arab Emirates’ nascent casino market could endure longer than initially anticipated, even if that advantage is ultimately temporary. Wynn Al Marjan Island is scheduled to open in early 2027, and indications…
Authorities in Oklahoma and Texas are actively searching for an 18-year-old suspect linked to a weekend double shooting at a tribal casino. The Osage County Sheriff’s Office has identified Malik Sampson as a person of interest in a shooting that…
Las Vegas Sands (NYSE: LVS) shares have dropped 36.31% year to date, weighed down by escalating US–China trade tensions that continue to pressure Macau-focused casino operators. The decline underscores the company’s need for fresh catalysts in the near term. Still,…
Las Vegas Sands has donated $100,000 to 100 Black Men, a civic organization dedicated to educating and empowering Black youth in communities across the U.S. and beyond. The Las Vegas-based gaming operator, which runs integrated resorts in Macau and Singapore,…
Las Vegas Sands (NYSE: LVS) reported its first-quarter earnings after the US market closed today, revealing strong financials and a major boost to its share repurchase program. The company said it will nearly double the size of its previously authorized…