Australian casino operator Crown Resorts has given CEO Ciaran Carruthers a clean slate after investigating into allegations that he went against the decisions of the casino’s security officers regarding the removal of intoxicated customers.The internal probe, initiated in December 2023, focused on claims that Carruthers permitted the re-entry of patrons into the Melbourne casino after they were initially removed by security personnel, Reuters reported.”The recent investigation by independent, external counsel initiated by the Crown Resorts Board is now complete and found that no regulations or laws were breached by the Crown Resorts CEO with respect to the complaint filed,” William McBeath, Chairman…
Author: OnlineGamblingDaily
Red Rock Resorts saw its net revenues grow 3.6%, or $60.3 million, to $1.72 billion in 2023, from $1.66 billion in 2022. It’s net income stood at $337.8 million in 2023, which is a decrease of 13.5%, or $52.6 million, from $390.4 million in 2022. Adjusted EBITDA increased 0.3% to $746.0 million from $743.9 million in 2022. For the fourth quarter of 2023, the company witnessed net revenue growth of $462.7 million, marking an increase of 8.8%, or $37.2 million, from $425.5 million in the same period of 2022. Net income decreased 36% to $108.9 million during the quarter, from $170.2 million in the same period of last year. In Q4, Adjusted EBITDA…
Boyd Gaming has unveiled its Q4 2023 earnings report, reaching $954.4 million in revenue during the period, an increase of 3.4% from the same period last year, this was due to growth in the online segment. Meanwhile, for the full year 2023, the company reported revenues of $3.7 billion, up 5.2% year-on-year and an all-time high. However, net income for the fourth quarter of 2023 amounted to $92.6 million, or $0.94 per share, which marks a decline from the $172.7 million, or $1.63 per share, recorded for the same quarter in 2022. Adjusted EBITDAR for Q4 was $355.5 million,…
Pragmatic Play announced that it is enhancing its standing in Argentina by going live with City Center Online. Taking its Slots portfolio to the online casino, City Center Online’s players can now enjoy hits like Sugar Rush and Gates of Olympus as well as more recent releases such as Pub Kings and Mustang Trail. This latest agreement follows a series of partnerships that Pragmatic Play has struck across the regulated LatAm markets, combined with several regional industry awards, further cementing its position in Latin America. Victor Arias, Vice President of Latin American Operations at ARRISE powering Pragmatic Play, said: “We are delighted…
Yaamava’ Resort & Casino in San Manuel, California, has earned Star Awards in three categories for the second consecutive year in the Forbes Travel Guide. The Serrano Spa earned a Forbes Travel Guide Five-Star award, and The Pines Modern Steakhouse and Yaamava Resort each earned a Forbes Travel Guide Four-Star award. Kenji Hall, General Manager of Yaamava’ Resort & Casino, said: “We are honored to be recognized for the excellent hospitality we prioritize every day. The Serrano Spa, The Pines Modern Steakhouse, and Yaamava’ Resort represent the exceptional, elevated experiences that our guests have come to expect.” “We are grateful…
Maryland’s casino industry encountered a notable downturn in January 2024, as revenues from the state’s six casinos plummeted by 8.4% compared to the corresponding period last year. Official records indicate that the total revenue generated from both slot machines and table games amounted to $153,243,316, marking a decrease of $14,027,082 from January 2023. This decline in gaming revenue correspondingly resulted in diminished contributions to the state, totaling $63,154,392. This figure reflects a substantial decrease of 10.6% from the previous year. Notably, the Education Trust Fund, a vital recipient of casino gaming revenues, received $45,649,309, experiencing an 11.2% decline from January…
Wyoming lawmakers are exploring the addition of online casino wagering to the state’s gaming market with the introduction of House Bill 120. Sponsored by Rep. Jon Conrad, Robert Davis, and others, the bill aims to authorize iGaming in the Equality State, building upon the established gaming market fostered by Gov. Mark Gordon’s signing of sports betting measure House Bill 133 into law in 2021. HB 120, introduced this week, proposes to regulate iGaming in Wyoming through the state’s Gaming Commission, which would be empowered to issue up to five interactive gaming operator permits. Operators seeking permits would need to pay…
A group of Alabama lawmakers has unveiled a gambling bill aiming to introduce various forms of gambling, including a state lottery and the establishment of 10 casinos across the conservative Deep South state. Led by Republican Rep. Andy Whitt, the initiative seeks to address longstanding debates surrounding gambling in Alabama. The proposal comes at an important moment as Alabama remains one of the few states without a state lottery since lawmakers rejected a similar proposal in 1999. Unlike neighbouring states such as Mississippi, which has embraced full-fledged casinos, Alabama has maintained a cautious approach to gambling expansion. However, with lawmakers…
Sphere Entertainment and the NFL have announced a collaboration that will see custom Sphere Super Bowl show, created exclusively by Sphere Studios, displayed on Sphere’s fully programmable LED exterior – the Exosphere – throughout Super Bowl Week. As part of this, Sphere will also be featured in CBS Sports’ coverage of Super Bowl LVIII on CBS and Paramount+. “We welcome Super Bowl LVIII to Las Vegas, which continues to reinforce its place as a destination for the biggest events in sports and entertainment,” said Joel Fisher, Executive Vice President, Marquee Events and Operations for MSG Entertainment, who oversees marquee events…
A new survey from the Responsible Gambling Council (RGC) shows that four in ten Ontario sports bettors (41 percent) will place a wager on Super Bowl LVIII. Of all who plan to bet on the big game, the vast majority (80 percent) will do so online. According to a press release shared by the Council, the survey found most online bettors use multiple sportsbook platforms when placing bets; 85 percent use up to three, and 15 percent use four or more. Over half (58 percent) will check to see if a sportsbook website is regulated. Over half (54 percent) of…
Bally’s temporary casino housed within the Medinah Temple building in River North has kicked off the New Year with a robust performance, surpassing $10 million in gross gaming revenue in January. This figure marks an increase of $6.8 million from its inaugural month of operation back in September and reflects a 9.1% rise from December’s revenue. Despite adverse weather conditions, Bally’s Chicago casino stood out as the sole Illinois property to exhibit month-over-month revenue growth, attributing its success to amenities such as free parking and shuttle services. Mark Wong, vice president and general manager of Bally’s Chicago, expressed satisfaction with…
Kindred Group, for the period of January to December 2023, delivered growth in revenue and underlying EBITDA, exceeding its annual targets. In the fourth quarter of 2023, the group recorded total revenue of $394.31 million (GBP 312.9 million), representing a 2% increase compared to the previous year. The gross winnings revenue (B2C) also saw a 2% uptick, reaching $380 million (GBP 301.6 million). Notably, underlying EBITDA surged by 45% to $71.5 million (GBP 56.8 million). According to CEO Nils Andén, “The final quarter of 2023 saw sustained above-market performance in the Netherlands, UK, and Romania, which combined with continued growth…
‘Bleau Blitz,’ the ultimate Big Game experience, is just one of the Fontainebleau Super Bowl activities we’re reporting on. Beginning Monday, 5 February through Sunday, 11 February. For seven days, the resort will be transformed into a sports-lovers dream with fan experiences including live recordings of “The Dan Patrick Show” on the resort’s third floor Oasis pool deck; watch parties at The Tavern and LIV; and jam-packed lineup of all-star headliners Metro Boomin (8 February), John Summit (9 February) and Tiësto (10 February) and special guest (11 February). “The Fontainebleau brand is rooted in world-class entertainment and experiences, and our…
Are you ready for some football? It’s Super Bowl week Vegas, as the Chiefs and 49ers square off in Super Bowl LVIII, and we’ve got information on the major parties and events leading up to the big game! Plus, information on the pending strike and road closures in Sin City! It’s Super Bowl week in Sin City as nearly half a million people are expected to descend on Las Vegas this week for the Super Bowl. This while there’s talk that hospitality and culinary workers, along with bus drivers, would all walk off their job. So the question on everyone’s…
Pennsylvania Governor Josh Shapiro presented his annual budget address on Tuesday, revealing a substantial $48.3 billion spending plan aimed at bolstering various sectors, including public education and transportation, while also introducing measures to legalize recreational marijuana and regulate skill games. Shapiro’s proposal taps into the state’s $14 billion cash reserves, allocating approximately $2 billion to support increased funding for both K-12 and higher education. To generate additional revenue, the plan includes taxation on legalized marijuana sales and the regulation and taxation of skill games commonly found in bars and restaurants across Pennsylvania. Speaking before an audience in the Capitol rotunda,…
Gaming technology and services provider BetConstruct has announced its partnership with iGaming solutions provider Koralplay, marking another “strategic move” to strengthen its position in France and broaden its offerings in the African markets. With over 15 years of industry expertise and a robust presence in diverse African countries, Koralplay offers omnichannel tech and business solutions for sports betting, gaming, and lottery operators. David Ozararat, BetConstruct President for French EMEA: “We are happy to distribute our technology through a partnership with Koralplay in the African continent where our presence is growing continuously. Our products and services are designed to meet those market’s…