MGM Resorts International aims to raise $500 million via senior notes to cover debt

MGM Resorts International aims to raise $500 million via senior notes to cover debt

Joining a growing list of companies heading to capital markets to raise funds, American casino operator MGM Resorts International has announced plans to collect up to $500 million via senior notes

Japan expected to delay IR application process by at least 9 months

Japan expected to delay IR application process by at least 9 months

Following various hurdles and resultant delays in its ambitious Integrated Resort (IR) project, the central government of Japan is reportedly preparing to push back the IR application window by aro

Churchill Downs opens new $38M Newport Racing & Gaming facility in Kentucky

Churchill Downs opens new $38M Newport Racing & Gaming facility in Kentucky

NASDAQ-listed Churchill Downs has announced the opening of its new multi-million Newport Racing & Gaming property in Northern Kentucky, which offers hundreds of historical racing machines (HRMs

Kentucky Horse Racing Commission seeks more time to file request with SC to reconsider HHR ruling

Kentucky Horse Racing Commission seeks more time to file request with SC to reconsider HHR ruling

The Kentucky Horse Racing Commission (KHRC) has urged the apex court of the state to give it more time to file a request for reconsidering its ruling over the legality of historical horse racing (H

Canadian PM Trudeau refuses to acknowledge any ties to Chinese man behind illegal gambling operations

Canadian PM Trudeau refuses to acknowledge any ties to Chinese man behind illegal gambling operations

Canada’s Prime Minister Justin Trudeau has refused to acknowledge any ties to Chinese national Wei Wei who has been accused of running an illegal casino in a lavish mansion outside of Toronto.

Pages

News in Focus

Rio Casino reopens as pandemic-caused lull continues to engulf Las Vegas Strip

After remaining dormant for nearly nine months due to COVID-19 pandemic, The Rio All-Suite Hotel & Casino in Las Vegas has reopened its doors to gaming and entertainment enthusiasts.

Environmental groups urge automobile makers to support California’s clean-air standards

Environmental Defense Fund (EDF) and some other nonprofit environmental advocacy groups have urged automobile manufacturers to end their ties to a Trump administration lawsuit that seeks to strip C

Aptera Motors unveils super-efficient futuristic electric car with up to 1,000 miles of range

Aptera Motors has introduced the world to a super-efficient and lightweight electric car that offers an impressive range of 1,000 miles on a single charge.

Three new casinos will generate $1.5 billion for New York State: Former Governor Paterson

New York State Governor Andrew Cuomo just needs to speed up the state’s casino plans and issue licenses for three new casinos to pull the state out of the massive economic hole caused by the COVID-

Macau’s full-year GDP will likely fall less than previously estimated: Lei Wai Nong

While the overall economic scenario for the gambling hub of Macau remains dim, it appears that it will not be quite as dim as previously had been expected.

LG Chem to supply battery cells for Tesla’s Model Y electric SUV in China

Elon Musk’s electric vehicle (EV) major Tesla Motors has reportedly signed an agreement with Korean chemical giant LG Chem Limited to supply battery cells for the production of its Model Y electric

GiG extends sports-betting partnership with North Macedonia casino operator KAK DOO Skopje

Oslo Stock Exchange-listed iGaming giant Gaming Innovation Group (GiG) Incorporated has announced the signing of a revised deal with land-based North Macedonia casino operator KAK DOO Skopje.