Culinary Union Accuses Virgin Hotels Las Vegas of Hiring Strike Replacements
Social Casinos Get Relaxed Google Ad Rules
Google is removing social casino mobile applications from its sensitive wagering category, enabling operators to advertise more freely. This change significantly impacts the social casino industry's marketing capabilities.
MGM Investor Barry Diller Disputes Washington Post's Actions
Barry Diller, IAC/InterActiveCorp chairman and MGM Resorts International's largest shareholder, has expressed strong disagreement with The Washington Post's recent editorial decisions.
VICI Properties Shows Strong Performance
VICI Properties has increased its Adjusted Funds From Operations (AFFO) guidance, indicating robust financial health.
Florida Sports Betting Resolution
The Seminole Tribe and West Flagler have reached an agreement, ending their sports betting dispute.
Venetian Las Vegas Ends IHG Partnership
The Venetian Las Vegas will terminate its hotel alliance with IHG in January.
Caesars Updates
- Currently among most shorted S&P 500 stocks
- Maintains strong cash flow and debt reduction trajectory
- Launches new proprietary gaming platform
- Plans $500M stock repurchase and $1B debt sale
BetMGM Developments
- Shows significant progress in iGaming sector
- Forms long-term partnership with Gannett
MGM Resorts Status
- Stock down 11.32% year-to-date compared to market's 20.8% gain
- Analysts maintain positive long-term growth outlook
- Democratic donors push for FTC Chair Lina Khan's removal over MGM lawsuit
Notable Industry Updates
- MLBPA files lawsuit against Bet365 and DraftKings over player image rights
- Dana White reports $26M-$27M winnings from Caesars baccarat
- Standard General's Bally's acquisition likely to proceed without antitrust issues
- Bally's declines participation in Penn State campus casino project
- Wynn sells $800M in debt to address DOJ fine and 2025 bonds
- Penn CEO Jay Snowden makes $1M personal stock purchase
- Red Rock displays strong margin sustainability according to analysts