The United States casino gambling market is set for significant growth, driven by expanding legalization and rising consumer demand, according to a new GlobeNewswire report detailing industry forecasts and key company insights.
Browsing: casino industry
Caesars Entertainment reported a fourth-quarter profit, driven by robust performance in its Las Vegas operations. The strong recovery in the tourism and gaming sectors boosted the company’s financial results, Reuters reports.
MGM Resorts reported earnings below estimates, citing weak performance in its Las Vegas operations. The casino operator highlighted challenges in visitor spending amid a slower-than-expected recovery in the market.
A potential federal government shutdown threatens to impact Las Vegas tourism, with concerns over reduced visitor numbers and delayed services. The casino industry braces for economic ripple effects amid uncertainty.
Two New England casinos are emerging as strong competitors to Las Vegas, drawing crowds with expanded gaming options and luxury amenities. Their rapid growth signals a shift in the U.S. gambling landscape.
Casino.org reveals the top 5 richest casino owners in the US, spotlighting industry moguls who have amassed vast fortunes through gaming ventures. Their wealth reflects the booming casino market and strategic investments.
Las Vegas Valley casinos paid tribute to Charlie Kirk following a tragic deadly shooting. The community united in remembrance, honoring his legacy amid ongoing investigations. Details continue to emerge on FOX5 Vegas.
Las Vegas Sands CEO Robert Goldstein joined top U.S. business leaders in a high-profile meeting with Chinese Premier Li Qiang, signaling ongoing efforts to strengthen economic ties amid evolving market dynamics.
MGM Resorts announced furloughs for 140 managers across its Las Vegas properties amid a significant business slump, aiming to cut costs as the hospitality sector faces ongoing challenges.
Las Vegas faces new challenges as an unusually empty Strip and declining tourist tips spotlight economic uncertainties. Experts question if the iconic city’s famed recovery is slowing down amid shifting travel trends.
Gaming revenue has risen nationwide, yet the Las Vegas Strip faces a downturn, reflecting shifting player trends and economic pressures. Experts weigh in on the evolving industry landscape.
Las Vegas Sands has exited the U.S. casino market, selling its domestic assets for $6.25 billion. The move marks a major shift as the company focuses on expanding its presence in Asia.
Two Connecticut casinos have been named among the best outside Las Vegas, according to USA Today. This recognition highlights the growing prominence of CT’s gaming scene, attracting visitors from across the region.
Casino operator Wynn exceeded fourth-quarter earnings estimates, driven by robust performance in its Las Vegas operations. Strong visitor demand and higher gaming revenue boosted overall results, Reuters reports.
MGM’s Las Vegas operations remain stable despite near-term economic concerns, Morningstar reports. Strong fundamentals and diversified offerings support resilience amid market uncertainties.
Las Vegas faces a sharp slowdown as the city’s once booming economy hits a pause. Rising costs, tighter regulations, and shifting visitor trends signal the end of the boom days, challenging the iconic entertainment hub.
The USA’s casino industry faces a crisis as declining Las Vegas tourism triggers widespread job cuts and increased automation, signaling a major shift in the entertainment and hospitality sectors.
Las Vegas Sands exceeded quarterly profit estimates, driven by robust performance in its Singapore operations. Strong demand and improved margins boosted earnings, highlighting the company’s resilience amid market challenges.
Sheldon Adelson faces fresh scrutiny as newly surfaced documents challenge his previous testimony, raising questions about his business practices and legal disclosures, The Guardian reports. The development may impact ongoing investigations.
India’s largest hotel chain is expanding into Las Vegas, beginning with a partnership at the iconic Hooters hotel. This move marks a significant step in its global growth strategy.