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Nevada tops $12B in Gaming Revenue in 2019

Nevada tops $12B in Gaming Revenue in 2019

Nevada casinos topped $12 billion in revenue last year, as a strong December helped push gaming revenues over the mark for the first time in more than a decade, according to state gaming regulators. The Nevada Gaming Control Board said Thursday casino revenues statewide were $12.03 billion, a 1 percent increase over 2018. Las Vegas […]
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Maverick acquires Eldorado Resort Casino Shreveport

Maverick acquires Eldorado Resort Casino Shreveport

Maverick Gaming LLC, a small, privately held regional gaming company, is continuing its recent trend of purchasing properties by acquiring Eldorado Resort Casino Shreveport along the banks of the Red River in northern Louisiana for $230 million. The Las Vegas-based company has been on a buying spree in recent months, picking up card rooms in […]
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MGM in Lion-sized deal with  Blackstone Group

MGM in Lion-sized deal with Blackstone Group

MGM Resorts International has made no secret that it is a company in transition from owning and operating large casino-resorts to a developer, manager and operator as it seeks to make substantial investments in Japan and sports betting. MGM chairman and CEO Jim Murren recently said the company’s strategy is to become an “asset-light business” […]
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Piccolo from Bayonne to Boulder Station Book

Piccolo from Bayonne to Boulder Station Book

It never hurts to have been on both sides of the counter when you’re working in the sports betting industry. Steve Piccolo made a few wagers in his day growing up in Bayonne, N.J., where he lived around the corner from legendary heavyweight boxer Chuck Wepner. He always understood the value of information, and, when […]
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Everi acquires Micro Gaming Technologies

Everi acquires Micro Gaming Technologies

Everi Holdings, a provider of gaming machines and payment systems to casinos, have added to its roster of loyalty and financial technology (Fintech) businesses with the $25 million purchase of privately held Micro Gaming Technologies. Las Vegas-based MGT develops software used by gaming companies to track various promotions. The company makes kiosk hardware and software […]
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