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Maryland Casinos Continue Blistering Pace, Set Another Monthly Gaming Record

Maryland casinos continue to thrive as they emerge from the pandemic, with the six commercial properties once again reporting a new monthly gaming revenue record.

Maryland casinos gaming revenue Horseshoe
A crowded roulette table at Live! Casino & Hotel in Maryland highlights the recent robust play. Maryland casinos won a record $180.1 million last month. (Image: Getty)

Gross gaming revenue (GGR) totaled more than $180.1 million in July. Slot machines won $122.7 million, and table games $57.4 million. It’s the third time in the previous five months that Maryland’s casinos have combined to set an all-ti

ARK Invest Buys Genius Sports Stock Even as Short Seller Slams It

Genius Sports (NYSE:GENI) stock is extending a rally born Thursday, as a well-known growth investor bought shares of the sports betting data provider, likely driving some of the Friday upside.

ARK Genius
ARK Invest founder Cathie Wood during a May interview. Her firm bought shares of Genius Sports even as a short seller railed against the name. (Image: CNBC)

Cathie Wood’s ARK Investment Management bought 280,214 shares of Genius Sports on Aug. 5, marking the fund issuer’s initial position in the stock. That purchase was directed to the ARK Next Generation Internet ETF (NY

Spirit’s Operational Issues Cancel Nearly 150 Flights to Las Vegas This Week

Spirit Airlines canceled hundreds of flights on Friday, marking the sixth consecutive day the low-fare carrier has been forced to ground planes. Those cancellations have had an impact on McCarran International Airport in Las Vegas, where Spirit ranks as the No. 2 airline in terms of passengers served.

Spirit Las Vegas
A Spirit Airlines plane taxis on the runway at McCarran International Airport in Las Vegas. “Operational challenges” have led to the low-cost carrier canceling hundreds of flights this week, including more than 140 to Las Vegas. (Image: Tomás Del Coro/Flickr.com)

DraftKings Again Raises Revenue Outlook, Q2 EBITDA Beat Excites Analysts

DraftKings (NASDAQ:DKNG) again increased its full-year revenue outlook today following a strong set of second-quarter results, which the company delivered earlier.

draftkings revenue
DraftKings CEO Jason Robins in a CNBC interview earlier today. The company again raised 2021 revenue guidance (Image: CNBC)

The sportsbook operator now expects 2021 sales of $1.21 billion to $1.29 billion, up from the guidance of $1.05 billion to $1.15 billion issued in May. That new outlook was helped by a strong showing in the April through June period in which DraftKings generated revenue of $298

Mohegan Gaming Japan Partner Withdrawals Nagasaki Candidacy, Scolds IR Process

Mohegan Gaming & Entertainment (MGE) no longer has a bidding partner in Japan for one of the country’s casino licenses. That’s following Oshidori International Development’s shocking exit.

Mohegan Gaming Nagasaki Japan Oshidori
Huis Ten Bosch, the largest theme park in Japan, is pictured. The Nagasaki government wants to allow a casino resort to be built close to the famed Dutch-themed entertainment destination. But this week Mohegan Gaming’s development partner Oshidori folded on the project. (Image: Getty)

MGE, the gaming unit of the Mohegan Tribe in Connecticut, which owns and operates Mohegan Su

New Jersey governor signs fixed-odds sports wagering legislation

The governor for the eastern American state of New Jersey has reportedly put his signature to legislation that will legalize fixed-odds sportsbetting and allow punters to lock in the particular probabilities of a horseracing wager at the time of purchase. According to a report from the Paulick Report, the Thursday move from Governor Phil Murphy […]

Pariplay significantly increases LatAm offering; adds Caleta Gaming content to Fusion platform

Leading aggregator and content provider, Pariplay, has significantly widened its selection of online games for the Latin American region, integrating Brazilian development studio Caleta Gaming’s content portfolio to its platform. In advance of a forthcoming launch in regulated markets globally, the new partnership agreement will see all of the content provider‘s premium HTML5 games join […]

Oshidori International Holdings Limited pulls out of Japanese casino race

In Japan and one of the firms in the running for the right to operate the integrated casino resort being envisioned for Nagasaki Prefecture has reportedly pulled out of the race citing unreasonable rules and ‘serious ethical irregularities’. According to a report from Inside Asian Gaming, the move from Oshidori International Holdings Limited comes as […]

JNS Gaming Limited platform and games supply deal for Aspire Global Limited

Maltese online casino and sportsbetting platform developer Aspire Global Limited has announced the signing of an agreement that is to see it supply its full proprietary offering to a coming iGaming service from JNS Gaming Limited. The Maltese innovator used an official Thursday press release to declare that the fresh alliance covers the provision of […]

Bally’s Corporation decides on name change for Kansas City casino

Bally’s Corporation is preparing to start a new redevelopment project for a casino in Kansas City, with the groundbreaking ceremony set for August 18. The former Isle of Capri Casino changed to Casino KC some time ago and now, the company plans to call the property Bally’s Kansas City Casino. The name change took place […]

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