Las Vegas

Twin River acquires iconic Bally’s brand from Caesars Entertainment for $20 million

Justin Sorkin 20 October 2020
Twin River acquires iconic Bally’s brand from Caesars Entertainment for $20 million

NASDAQ-listed Caesars Entertainment’s iconic casino brand Bally’s has finally been acquired Twin River Worldwide Holdings, according to an official press release by Lincoln, Rhode Island-headquarte

Wynn Resorts’ Encore to close for 3 days a week due to low demand

Justin Sorkin 18 October 2020
Wynn Resorts’ Encore to close for 3 days a week due to low demand

Paradise, Nevada-headquartered casino operator Wynn Resorts Limited has confirmed that its Las Vegas gambling & entertainment property Encore will remain closed for three days a week due to wea

MGM Resorts International aims to raise $500 million via senior notes to cover debt

Aaron Ross 12 October 2020
MGM Resorts International aims to raise $500 million via senior notes to cover debt

Joining a growing list of companies heading to capital markets to raise funds, American casino operator MGM Resorts International has announced plans to collect up to $500 million via senior notes

Nevada’s local casino region reports surprisingly strong 10% GGR jump

Justin Sorkin 8 October 2020
Nevada’s local casino region reports surprisingly strong 10% GGR jump

Gambling properties in the local region near Nevada’s Las Vegas enjoyed a stronger than expected growth in gross gaming revenue (GGR) in the month of August, fresh data has revealed.

Bullet fired into MGM Grand Las Vegas gaming floor; probe launched

Aaron Ross 6 October 2020
Bullet fired into MGM Grand Las Vegas gaming floor; probe launched

Marking the latest incident involving firearms on or near the Las Vegas Strip, a bullet was fired into the MGM Grand Las Vegas gaming floor during a struggle over a handgun in the early hours of Fr

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