This Week in Gambling

MGM Resorts brought on over $2.7 billion in revenue for the third quarter of this year. However, the company still wants to sell their Mirage Casino and Hotel property on the Las Vegas Strip. Their announcement does come as a bit of a surprise if you consider the earnings report they just released showed revenue growth of 140%. Also, MGM Resorts did just purchase the operational rights to The Cosmopolitan property on the Strip at City Center. Their CEO, Bill Hornbuckle, stated that MGM had another strong quarter which was primarily due to domestic operations, adding that the results showed…

Think the pandemic has killed Nevada gambling revenue? Don’t bet on it! The Nevada Gaming Control Board has released the numbers for September, and it’s all good news! We had reported that gambling in the Silver State was on a six-month hot streak of generating over $1 billion a month. And now you can make it seven months, which is the second longest streak of billion dollar months ever! The winnings for the state in September were $1.16 billion, to be precise. That’s more than a 40% rate of growth from last year, and nearly a 10% growth from 2019…

Gambling news is fast and furious this week, as Florida sports betting is at the center of a war between politicians, the Seminole Tribe, and sports betting providers like FanDuel and DraftKings! Everyone is choosing sides, with millions of dollars invested and billions of dollars at stake! And the outcome could have consequences for gambling across America. Hello my friends, and welcome to another week of This Week in Gambling, where we have lines being drawn, sides being chosen, and potentially $2.5 billion in gambling profits on the line! Setting up for what could be a sports betting Battle Royale!…

The battle for betting on sports in Florida has DraftKings & FanDuel going on the offense to challenge the Seminoles exclusive contract with the state of Florida. And with so much on the line, everyone is watching. The state and the Tribe entered into an agreement back in May which would bring sports betting to the state. That deal provided the Seminole Tribe the right to offer sports wagering to state residents. However, the ink wasn’t even dry on that agreement with calls began to go out asking that the Federal Government step in and put an end to the…

Sports betting has been rocking and rolling across America, but any thought of a DraftKings Entain deal will have to be put on hold… at least for now. The sports betting company had shown interest in Entain, owners of Ladbrokes and the Coral brands, with a proposed buyout of over $22 billion. But that bid was withdrawn following what the company said was “further analysis and discussions”. Entain had request to extend the deadline for a bid presentation, which British regulators had agreed to, giving DraftKings until November 16th. Previously, the deadline was October 19th for a formal offer. The…

Aristocrat gave us a preview of the amazing new Dune Slot Machine! It surrounds the player with sites and sounds from the movie, and it’s delivered on the Neptune Double cabinet with curved 49-inch monitors — stacked on top of one another — and 4K graphics! There are several unique features, and you can watch game play for the Dune slot, as well as the Duncan Idaho bonus and the $500,000 Grand Progressive Jackpot, in our video review below: The Dune Slot Machine is based on the movie which was released in theaters October 22, 2021. Players are wrapped in…