Penn Entertainment first-quarter revenue has been a topic of mixed reviews following the company’s recent report which stated earnings of $1.4 billion.This figure fell short of Wall Street’s expectations, which had projected $1.7 billion, largely due to adverse winter weather and disappointing sports betting outcomes.
Month: May 2025
Atlantic City Casino Revenue Hits Record in 2024
Atlantic City Casino Revenue has reached impressive heights, contributing a staggering $572 million to New Jersey’s Casino Revenue Fund in fiscal year 2024.This accomplishment underscores the critical role that the Atlantic City casino industry plays in bolstering not only local tourism but also the entire New Jersey economy.
Macao Economic Diversification: A Path to Growth
Macao’s economic diversification is a critical topic as the region strives for sustainable growth beyond its historically dominant gaming industry.As the gaming industry growth stabilizes, attention is turning to opportunities within non-gaming sectors, particularly as part of Macao’s comprehensive development strategy.
Live Casino Games: Unleashing Player Engagement and Excitement
Live casino games have transformed the landscape of online gaming, offering players an electrifying and genuine gambling experience right from their homes.By integrating real dealers into gameplay, these games elevate online gaming engagement to new heights, allowing for real-time interaction that fosters a thrilling social gaming community.
Bank of Ireland Card Blocks Curb Rising Gambling Rates
Bank of Ireland card blocks have recently emerged as a crucial tool in addressing the rising trend of gambling among young adults in Ireland.With statistics revealing that gambling expenditure among this demographic surged by 19% in early 2025, the financial institution has taken a proactive approach to mitigate potential harm.
Planet Hollywood Poker Room Opening: A New Experience Awaits
The highly anticipated Planet Hollywood Poker Room is set to reopen its doors on May 5, 2025, marking a significant milestone in the Las Vegas poker scene.After a four-year hiatus, this iconic venue is eager to reclaim its place among the top poker destinations as more casinos revive their interest in gaming.
MGM Resorts Contract Extension for CEO Bill Hornbuckle
MGM Resorts’ contract extension for CEO Bill Hornbuckle is a pivotal development that secures his leadership role through December 31, 2028.This move not only signifies the company’s ongoing confidence in Hornbuckle’s vision but also underscores MGM Resorts’ growth strategies, particularly in the evolving markets of Japan and beyond.
ISO 14001 Certification: Swiss Casinos Achieves Milestone
ISO 14001 certification marks a significant leap for Swiss Casinos in its commitment to sustainable practices and enhanced environmental performance.This internationally recognized standard for Environmental Management Systems equips organizations with the necessary frameworks to effectively manage and lessen their impact on the environment.
Pennsylvania Online Poker Joins Multi-State Agreement
Pennsylvania online poker is on the verge of a revolutionary change as it is poised to join the Multi-State Internet Gaming Agreement (MSIGA).This milestone will allow players in Pennsylvania to compete against fellow enthusiasts from other states, significantly expanding the poker landscape.
Botswana Gambling Authority Licenses: A New Era Begins
The Botswana Gambling Authority licenses are pivotal in shaping the future of the gambling landscape in Botswana, marking a significant step toward structured regulation.Recently, the Authority granted ten new bookmaker licenses, reflecting its commitment to encourage growth within this burgeoning industry.