MGM Growth Properties has made an offer to buy Vici Properties, which manages 20 properties operated by Caesars Entertainment. Caesars Palace on the Las Vegas Strip is among them.
Ourgame Holdings is in the process of purchasing three Chinese companies involved in creating mobile gaming products. By 2019, the gaming giant also intends to build 10 esports arenas in China and the US, starting with the Esports Arena Las Vegas at Luxor Hotel and Casino, which will debut March 22.
The Four Winds South Bend casino became Indiana's first tribally owned casino when it opened Tuesday with close to 1,800 electronic gaming machines, four restaurants and three bars. The Pokagon Band of Potawatomi Indians will not have to pay state taxes, giving it a competitive edge over the state's 13 other casinos.
European online casino Videoslots has signed a deal with Iron Dog Studios to bring more of the company's slot titles to its platform. The casino has the game developer's "Cherry Blast," "Blood Queen" and "Neon Dream" titles and will release new games from Iron Dog Studios throughout the year.
Slot machines accounted for more than 63 cents of every dollar won by Nevada casinos in 2017, despite the rise of skill-based games and esports lounges, according to the Nevada Gaming Control Board. The state's gaming industry earned $11.1 billion last year, providing more than $852.2 million in fees and taxes for the state.
Hoosier Park Racing & Casino has become the first Indiana casino to offer a skill-enhanced game from IGT. The "Texas Tea Pinball" machine combines traditional slot elements with a skill-based pinball minigame, both revolving around the theme of Texas oil fields.
Grosvenor Victoria Casino in London will begin hosting a Dual Play baccarat table from Evolution Gaming Group next month. The table will allow online players to participate in live-streamed games alongside tablet and smartphone users playing from the casino's restaurant, The Dining Room.
To tackle problem gaming, Australia has prohibited bookmakers from offering lines of credit. Several states have also begun implementing a 15% point-of-consumption tax for online gaming to pull more taxes from foreign bookmakers, who were previously given concessions.
West Virginia's decision to consider online gaming comes as decreasing revenues plague its casino industry, with 2017 seeing a more than 7% drop in revenue between January and October compared with the same period the year before. About 30 gaming facilities are operational in three of West Virginia's neighboring states, a stark rise in competition from 2006, when none of the surrounding states had casinos.
Mercer County is hoping to win one of the bids for a mini-casino in Pennsylvania, though the first license went to Penn National Gaming for $50.1 million. The next auction will be Jan. 24, with a minimum bid of $7.5 million for a license and $2.5 million to add table games, Peggy Mazyck of the Mercer County Visitors and Convention Bureau says.
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