Casino property giant VICI Properties saw a 110.7 percent increase year-on-year in total revenues for the first quarter of 2023, totaling $877.6 million.

Casino property giant VICI Properties saw a 100.9 percent increase year-over-year in total revenues for the fourth quarter of 2022, totalling $769.9 million.

Casino property giant VICI Properties has completed its buyout of the MGM Grand and Mandalay Bay properties on the Las Vegas Strip, closing the acquisition of its remaining 49.9 percent stake in the two venues from financial behemoth Blackstone.

Casino real estate giant VICI Properties is going to completely take over the Las Vegas MGM Grand and Mandalay Bay properties, acquiring financial behemoth Blackstone’s 49.9 percent stake in a deal worth ‘approximately $1.27 billion’ in cash.

Regulators in Nevada have approved the $6.25 billion acquisition of Las Vegas Sands' Las Vegas properties by Apollo Investment Management and Vici Properties, with the deal potentially closing as early as next week.

MGM China has warned in a recent report that its 'high indebtedness' could 'pose challenges' for the operator to meet its obligations regarding unsecured notes.

The new proposal by the authorities in the Commonwealth of the Northern Mariana Islands (CNMI) to legalize online gambling “appears to be yet another desperate attempt to source new revenue for their pension black hole”, notes IGamiX Managing Partner Ben Lee.

As it sets its focus on the Philippines, Pronet Gaming is aiming to humbly tap into the Asian market and leverage the successes it's seen in Africa and LatAm, but with a keen focus on regional nuance. CEO Alex Leese describes why the company can be a boost to large international firms wishing to move in on the space, and its hope to ramp up operations within nine months.

The head of the Philippine Amusement and Gaming Corporation (PAGCOR) has warned that websites are using their logo in an attempt to ‘mislead the public that their activities are connected with licensed offshore gaming in the Philippines’.

MGM China saw a sharp rise in revenue during the second quarter of the year, topping out at $741 million, compared to $143 million in 2Q22, an increase even of 5 percent compared to the same quarter of 2019. The group also recorded a strong adjusted property EBITDAR of $209 million, compared to a loss of $52 million in the same quarter of last year, and a 21 percent rise compared to 2Q19.