Tag: Revenue

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Wedmont Private Capital Invests $202,000 in Las Vegas Sands Corp – Latest Investment Update

Wedmont Private Capital recently made a significant investment in Las Vegas Sands Corp. by purchasing a new stake in the company. The firm acquired 3,853 shares of the casino operator's stock, amounting to approximately...
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Exploring Europe’s Gaming Industry: GGB News Coverage

Europe's gaming industry is bustling with exciting events and conferences lined up for the upcoming months. From Amsterdam to Las Vegas, gaming enthusiasts and industry professionals will have plenty of opportunities to network, learn,...
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Casino REIT Stocks Poised for Growth Amid Stable Interest Rates

Casino REIT Stocks Set for Growth Despite Stable Interest RatesShares of VICI Properties and Gaming and Leisure Properties, two major casino landlords, have seen a decline of 11.27% so far this year, while the...
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Nevada Smashes Revenue Record with $1.32 Billion in May – GGB News

Nevada's gaming industry has once again broken records, with a total revenue of $1.32 billion in May. This marks the 39th consecutive month that the state has surpassed the $1 billion mark in gaming...
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Boosting MGM’s Online Gaming Initiatives Could Drive Credit Ratings Up

Earlier this week, MGM Resorts International (NYSE: MGM) announced that its LeoVegas unit is acquiring the US iGaming and sportsbook operations of Tipico Group. This move is receiving positive feedback from analysts, with Gimme...
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Novomatic Explores Expansion in the Philippines – GGB News

Novomatic, a leading gaming company, is considering expanding its operations in the Philippines. This potential expansion comes as the company seeks to tap into the growing gaming market in the country.The Philippines has seen...
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Brazil Legalizes Casinos and Bingo: What You Need to Know

Brazil has recently taken a big step towards legalizing various forms of gambling, including casinos, bingo, jogo de bicho, and horserace betting. The bill, known as PL 2,234/2022, was approved by the Justice and...
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FanDuel Exceeds Expectations: $4.9M Revenue in First Month in DC

FanDuel has made a significant impact in the Washington DC sports wagering market, surpassing expectations by generating $4.9 million in revenue during its first full month of operation. This revenue comes from handling $29.7...
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Novomatic Explores Expansion into the Philippines – GGB News

Novomatic, a leading gaming company, is looking to expand its operations into the Philippines. This decision comes as part of the company's strategic plan to increase its presence in the Asian market.The Philippines has...

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