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Industry
June 29, 2021
Intralot Amends Lock-Up Agreement, Agrees $297.5m Loan Facility
Intralot SA released an update regarding a lock-up agreement reached with a group of noteholders in January which was executed having received the required approval by entities holding directly or indirectly the outstanding principal amount of €250 million ($297.5 million) senior unsecured notes due 2021. New Loan Facility Intralot agreed on a loan facility with […]
Industry
June 29, 2021
Spain’s iGaming Gross Gaming Revenue Grows by 10.2%
The Dirección General de Ordenación del Juego (DGOJ), Spain’s gambling regulator, released an update on the first quarter of 2021, showing a year-on-year increase of 10.2% in the country’s gross gaming revenue (GGR). The total GGR for the first quarter of the year was estimated at €240.1 million ($285.4M), which is an increase of 3.8% […]
Industry
June 29, 2021
MGM Resorts Flips the Switch On 100-Megawatt Solar Power Array
MGM Resorts International has activated its Mega Solar Array project, spread over 640 acres in the desert north of Las Vegas. MGM Launches a Green Energy Project to Battle Global Warming On Monday, MGM Resorts International turned on the Mega Solar Array project, a 100-megawatt solar array powering 12 Strip properties and 36,000 hotel rooms. […]
Industry
June 29, 2021
Poker Playing Playboy Sentenced to 13 Years for Kidnapping
Arnaud Mimran was already serving an 8-year sentence for fraud when he received some more bad news. The high-stakes poker player and socialite behind “The swindle of the century,” a fraud committed in 2008 and 2009 that cost the European Union (EU) Emissions Trading Scheme €300 million ($345 million). However, the one-time high-profile poker player […]
Industry
June 29, 2021
Betway Lands in Pennsylvania under the Watchful Eye of Gaming Regulators
Betway is ready to add Pennsylvania to its growing US portfolio. It only has to pass what should be a simple test before it can declare victory, and that test is now underway. If everything goes well, the company will bring an online sportsbook and an iGaming platform to the Keystone State, ready to take […]
Industry
June 28, 2021
Portugal National Lottery Names Scientific Games Exclusive Instant Game Provider
Santa Casa da Misericórdia de Lisboa, also known as the national lottery in Portugal, picked Scientific Games as its exclusive supplier of instant games. Under the three-year agreement, the company is going to bring innovative instant game content for the fourth largest instant games operator in Europe. Scientific Games Becomes SCML’s Exclusive Supplier of Instant […]
Industry
June 28, 2021
Illinois Officials Approve Temporary Hard Rock Casino for Rockford
Rockford, a city in Illinois about 90 miles west from Chicago, is one step closer to opening a Hard Rock Casino. Construction of the new casino may commence this week, according to Senator Dave Syverson. The location, which formerly served as a convention center and restaurant, is owned by a family who was initially part of […]
Industry
June 28, 2021
Macau Visitation Numbers Likely to Be Less This Year Than Previously Thought
When 2021 began, it looked like Macau might be ready to make a significant rebound from the devastation caused by COVID-19 last year. While there weren’t any major upswings in casino revenue, there were steady increases in tourism and activity that painted a brighter picture for the rest of the year. That led the Macao […]
Industry
June 28, 2021
Analysts: RWLV Launch Might Be Sign Genting Plans a US IPO
Resorts World Las Vegas (RWLV) marks the first casino resort in Las Vegas that is owned and operated by a Malaysian company and it is getting off to a good start. It only opened last week, but is already a standard fixture among the high-end properties in Sin City. The company behind the project, Genting […]
Industry
June 28, 2021
Encore Boston Harbor Legal Battle over Property Value Comes to an End
Ever since Encore Boston Harbor casino in Massachusetts opened a few years ago, it has been embroiled in one legal battle after another over the property. However, the Wynn Resorts-owned property has almost always managed to emerge on the winning side of the fight. It has done so one more time, thanks to a judge’s […]