News

Penn National Gaming Enters into Definitive Agreement to Acquire Operations of Bally’s Casino Tunica and Resorts Casino Tunica for Pre-Synergy Purchase Multiple of 3.7x

WYOMISSING, Pa.–(BUSINESS WIRE)–Penn National Gaming, Inc. (PENN: Nasdaq) (“Penn National” or the “Company”), announced today that it has entered into a definitive agreement to acquire RIH Acquisitions MS I, LLC and RIH Acquisitions MS II, LLC, the holding companies for th
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Could changes be coming for Louisiana’s gaming industry?

BATON ROUGE — Louisiana law requires gaming riverboats to have a working paddlewheel, even though the boats do not traverse the waterways. The chairman of the legislatively created task force in charge of recommending rules for the state’s gaming industry called that requirement “ridi
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Gaming Commission votes no on two casino applications

Biloxi Less than four hours after the Mississippi Gaming Commission again denied site approval for casinos in Biloxi and Diamondhead, representatives of RW Development said they were “shocked” by the decision and vowed to immediately appeal. The statement by RW Development capped an a
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Mississippi Gaming Commission set to rule on two casino sites

After a month to study the documents, the Mississippi Gaming Commission members are expected to rule Thursday on two potential casino sites in South Mississippi. The March meeting of the Gaming Commission was moved from Jackson to Hard Rock Casino Biloxi and will begin at 9 a.m. Mayor
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Lucky Dragon Smaller, but Competing with Different Comp Program

The latest Las Vegas hotel casino to open, the Lucky Dragon, has been up and running for more than three months. It may not have the immediate landscape-altering impact of the Strip behemoths that preceded it, but the way the casino is running could have profound implications on how L
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NJ Online Gambling Now Generating More Daily Revenue Than Ever Before

If breaking revenue records were an art form, then the New Jersey online gambling industry would have achieved master status long ago. February’s short length didn’t stop the the market from setting two more benchmarks: one for revenue generated by an individual operator, and another
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Virtual Reality Casino Games Could be the Future of VR

Here are some reasons why Virtual Reality Casino Games could be future of VR The hot topic among tech companies and enthusiasts in 2016 was undoubtedly virtual reality. With casual consumers being exposed to a new world of gaming opportunities for the first time as Oculus Rift, HTC Vi
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Downtown Vegas offers formula for Atlantic City redevelopment, says Cory Morowitz | Their View

I was in Las Vegas last year and visited the downtown section for the first time in a long while. Downtown Las Vegas has traditionally been a poor stepsister to the more famous and glitzy casinos along the Strip. The area had become seedy, crime ridden and its casinos suffered from po
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Coming soon to MGM casinos: advisors to help compulsive gamblers – LA Times

MGM Resorts has a message for problem gamblers: We’re here for you. Later this year, the company will roll out a new program called GameSense, which puts trained advisors in casinos to share the message that gambling can become a dangerous addiction. Nevada gambling revenue totaled $4
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