The partnership between a Strip giant and a locals casino is a mutually beneficial business agreement. Also, an Illinois slot operator is growing in Nevada.
Station Casinos, the operating arm of Red Rock Resorts, could break ground this year on a tribal casino in central California in which the company would serve as manager.
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The historic Cal Neva Lodge in Lake Tahoe, which has been closed for almost 10 years, has been sold to Colorado investor who plans to rebrand the casino once owned by Frank Sinatra.
Golden Entertainment is selling its Nevada and Montana slot machine route business for $322.5 million to Illinois-based company. Golden is Nevada's largest route operator.
After two sports betting ballot questions were soundly defeated by California voters last week, its unclear what the future holds for legalizing the activity in the nation's most populous state.
Strip casinos are setting monthly gaming revenue records. One analyst said the pace will slow in 2023. Also, Red Rock wants to double its footprint by 2030.
Casino operators and gaming equipment providers have quietly discussed a disruption in the supply chain for high-tech components that could keep slot machines from reaching casinos.
Five Southern Nevada casinos, closed during the pandemic, will stay closed until 2023. Also, Accel completes $164.2 million purchase of Century Gaming and VICI invests in a Florida golf course. More in Indy Gaming.
Century Gaming props up Accel Entertainment; International travel growing at Reid Airport; DraftKings loves California; Titus promotes grant legislation; and more in this week's Indy Gaming.
The Congressional Gaming Caucus, backed by the American Gaming Association, filed bipartisan legislation to have Congress raise the slot machine jackpot threshold to $5,000. More in Indy Gaming.
As soon as the green light turned on, Nevada's taverns, bars and other restricted gaming locations flipped on slot machines that had been silenced for 78 days as part of the casino industry closure amid the COVID-19 pandemic.
While the SBA originally blocked from a loan any business that derived one third of its annual revenue from legal gambling, the SBA guidelines were revised on Tuesday to allow "small casinos" to qualify for Paycheck Protection Program (PPP) loans as long as gaming revenue made up less than half of total business revenue and was less than $1 million. But the change still leaves most gaming businesses, such as Malone's, without help.