Category: Land Based Gaming and Casinos
Smashing Pumpkins Head to MGM Grand this Fall
The Smashing Pumpkins have officially announced a major concert at the MGM Grand Garden Arena in Las Vegas. Scheduled for Friday, October 30, 2026, the performance is part of the band’s upcoming fall tour, titled The Rats In A Cage Tour. The concert series represents one of the most ambitious live undertakings by the group to date. The tour will feature a unique two-set format that spans the musical history of the alternative rock icons. The first set is designed as a theatrical celebration of their seminal 1995 album, Mellon Collie and the Infinite Sadness, following its recent thirtieth anniversary….
MGM Resorts Receives Buy Out Offer
A takeover offer was submitted to MGM Resorts International on Monday by Barry Diller’s firm, People Inc., valuing the casino operator at more than 18 billion dollars. The corporate proposal arrived only days after another major hospitality acquisition in the United States gaming sector, indicating a wave of consolidation across the domestic casino industry. People Inc., which was previously known as IAC, announced it made an offer of 48.30 dollars per share in cash for the shares of MGM Resorts that it does not currently own. The proposal marks a premium of roughly 10.6 percent over the closing price of…
Caesars Takeover by Fertitta Entertainment
News of a Caesars takeover broke this morning, as the announced broke that the company has agreed to a massive acquisition by Fertitta Entertainment. The deal marks a major shift in the gaming industry, as Fertitta moves to finalize a an all-cash transaction valued at approximately 17.6 billion dollars. The deal includes the assumption of about 11.9 billion dollars in debt, taking one of the largest casino operators in the United States private. Under the terms of the agreement, Caesars shareholders will receive 31 dollars per share in cash. This purchase price represents a 49 percent premium to the unaffected…
AGA Warns Senators on Prediction Markets
The American Gaming Association issued a stark warning about sports prediction markets to federal lawmakers this week, labeling them as backdoor betting operations that pose a direct threat to the established regulated gaming industry. Testifying before a U.S. Senate commerce subcommittee, AGA President and Chief Executive Officer Bill Miller argued that these markets are effectively operating as nationwide sports betting platforms. Miller stated that these platforms bypass the extensive regulatory systems established by states and tribal governments following the repeal of the Professional and Amateur Sports Protection Act in 2018. During the hearing, titled No Sure Bets: Protecting Sports Integrity…
Vegas Famous Heart Attack Grill Shuts Down
The Heart Attack Grill, an iconic and controversial staple of downtown Las Vegas, has officially shut its doors. The restaurant closed abruptly on May 18, 2026, ending a fourteen-year run inside the Neonopolis mall on Fremont Street. The establishment had been operating at the location since October 2011. According to Rohit Joshi, the owner of Neonopolis, the closure comes after the restaurant suffered consistent financial losses over the past year. Joshi indicated that he had been in ongoing discussions with the restaurant ownership regarding its bleak outlook after the business found itself operating in the red every month. Joshi noted…
AGA: Record Breaking US Gambling Revenue
Commercial gaming in the United States reached a new peak in 2025, according to the latest report from the American Gaming Association. Total US Gambling Revenue for the year reached 78.62 billion dollars, marking a 9.1 percent increase over the previous year. This performance represents a significant milestone for the industry as it continues to expand across both physical and digital platforms. The annual State of the States report highlights that nearly every jurisdiction with commercial gaming operations saw financial gains. Out of 38 states plus the District of Columbia, 34 jurisdictions set new annual records for US Gambling Revenue….




















