Recent rumors suggesting that U.S. private equity giant Blackstone could make a move to acquire Australia’s ailing Star Entertainment Group echo similar talk that has been doing the rounds across the industry over the past few months, particularly since Star revealed that it is on the brink of going
A groundbreaking ceremony for the Casino Del Sol Grant Road in Tucson, Arizona, will take place at 9:30 a.m. PT January 13.The casino will be the third operated by the Pascua Yaqui Tribe, who also operates Casino of the Sun and Casino Del Sol, both in Tucson.The 172,000-square-foot property plans in
Prospects of tax cuts, less overtime pay for employees and tariffs had gaming-industry executives in a sunny mood in Miami as they attended the Deutsche Bank Gaming, Lodging, Leisure, & Restaurant Conference last week.One of the causes for optimism, as enumerated by Deutsche Bank analyst Carlo S
Australia’s Crown Resorts has announced a narrowed AU$164.8 million (US$111 million) loss for the 12 months to 30 June 2024, although the 17.4% improvement over last year’s AU$199 million (US$133 million) loss appears to be a result of cost cutting rather than any uptick in business volumes.Accordin
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