August 17, 2022

Hard Rock Casino In Bristol Showing Promise

As they wait for building to finish, the Hard Rock Casino in Bristol, Virginia is already pulling in numbers. The casino is able to operate at a temporary facility located at the previous spot of the Bristol Mall and has reported $11.7 million in total revenue with around $2.1 million in taxes paid. The results for the temporary facility show bettors are ready to play.
August 16, 2022

FanDuel Set To Launch Sportsbook On Fremont Street

FanDuel could soon be ready to launch a physical sportsbook in Las Vegas after their application was recently approved. FanDuel is expected to have a home at the Fremont Hotel and Casino after the two companies made an agreement for FanDuel to rebrand their 76-seat sportsbook.
August 16, 2022

Macau Gaming Revenue Up After Reopening

After the recent border reopening in China, Macau casinos have reported increased visitation boosting revenue. Last week casinos showed an increased in gross gaming revenue (GGR) of 120% for $10 million, doubling the prior week of $4.5 million. There is still a ways to go for Macau to get back to their pre-Covid levels but it is a good start for China gaming stocks such as, Las Vegas Sands (LVS), Melco Resorts & Entertainment Ltd (MLCO), and Wynn Resorts (WYNN).