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Fitch sees Genting New York EBITDA reaching US$450mln by 2028
Casino

Fitch sees Genting New York EBITDA reaching US$450mln by 2028

Fitch Ratings Inc expects Genting New York LLC, operator of casino complex Resorts World New York City (RWNYC), to generate earnings before interest, taxation, depreciation and amortisation (EBITDA) of about US$450 million in 2028, as the property progressively expands its gaming offering. Genting…

GGRAsia
Ainsworth expands Raptor range with 65-inch cabinet
Casino

Ainsworth expands Raptor range with 65-inch cabinet

Slot machine maker Ainsworth Game Technology Ltd has introduced the Raptor A865 (pictured), a portrait-format cabinet with a 65-inch display and technology designed to support the company’s future game portfolio. The new model – which Ainsworth describes as its “largest and most immersive cabinet t…

GGRAsia
MGM faces near-term weakness as Japan value remains unrecognized: Seaport
Casino

MGM faces near-term weakness as Japan value remains unrecognized: Seaport

Seaport says MGM faces near-term operating weakness after the takeover bid withdrawal, while its Japan project remains unrecognized in market pricing. The post MGM faces near-term weakness as Japan value remains unrecognized: Seaport first appeared on Asia Gaming News | AGB - Asia Gaming Brief.

Asia Gaming Brief
Tables Turned: MGM May Swoop In with Bid for Diller’s People
Casino

Tables Turned: MGM May Swoop In with Bid for Diller’s People

The hunted may now be the hunter as MGM Resorts International (NYSE: MGM) is rumored to be mulling an acquisition of People Inc. (NASDAQ: PPLI) — the media company that pursued a takeover of the casino giant and is its largest shareholder. Late Thursday, barely 24 hours after Barry Diller’s company…

casino.org
Light & Wonder’s ‘Joyup’ makes world debut at Solaire in Manila
Casino

Light & Wonder’s ‘Joyup’ makes world debut at Solaire in Manila

Casino equipment supplier Light & Wonder Inc says its “Joyup” slot game has made its world debut at Solaire Resort Entertainment City in Manila, a complex controlled by Philippine-listed Bloomberry Resorts Corp. The installation also marked the Asia debut of the company’s Cosmic Dual cabinet, accor…

GGRAsia
People Inc could return with a new bid for MGM Resorts: Seaport
Casino

People Inc could return with a new bid for MGM Resorts: Seaport

People Inc could make another offer for MGM Resorts International despite withdrawing its proposal to take the casino group private, says Seaport Research Partners. In a Thursday note, analyst Vitaly Umansky said the media and Internet conglomerate, chaired by Barry Diller, remained “very optimisti…

GGRAsia
MGM Resorts Buyout Offer Withdrawn
Casino

MGM Resorts Buyout Offer Withdrawn

People Inc. has officially withdrawn its $18 billion offer for an MGM Resorts buyout, ending months of detailed negotiations aimed at taking the major casino operator private. The decision was confirmed following extensive discussions between company executives and a special committee set up by the…

thisweekingambling
Loto-Québec Revenue Rises as Election Puts iGaming Model in Focus
Casino

Loto-Québec Revenue Rises as Election Puts iGaming Model in Focus

Loto-Québec reported a 2.1% year-over-year increase in total revenue for the first quarter of fiscal 2026-27, as the province heads toward an election that could fundamentally reshape Quebec’s gambling landscape. According to the Crown corporation, it generated CA$782.6 million in revenue for the q…

casino.org
Stockman’s Casino completes year-long remodel in Nevada
Casino

Stockman’s Casino completes year-long remodel in Nevada

Stockman’s Casino in Fallon, Nevada, has completed a year-long building remodel, marked by a ribbon-cutting ceremony on 18 September. The renovation includes new carpeting throughout the property, an upgraded air conditioning system and improvements to the back of the house, including a redesigned…

www.yogonet.com
Barry Diller’s Bid to Acquire MGM Resorts Falls Through
Casino

Barry Diller’s Bid to Acquire MGM Resorts Falls Through

Barry Diller-owned People Inc. has withdrawn its $17.6 billion bid to acquire MGM Resorts. People, which currently owns roughly 27% of MGM Resorts, proposed buying out the casino giant’s remaining shares and offered $48.30 per share in cash. However, the deal appears to have fallen through, meaning…

Gambling News
MGM Now an Execution Story With Takeover Bid Off the Table
Casino

MGM Now an Execution Story With Takeover Bid Off the Table

On volume that’s already more than triple the daily average, shares of MGM Resorts International (NYSE: MGM) are off more than 10% today after Barry Diller’s People Inc. (NASDAQ: PPLI) confirmed late Wednesday it withdrew its $48.30 per share takeover offer for the casino company. Diller, whose com…

casino.org

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