Kangwon Land Q1 2026: Revenue edges up as profitability declines
Kangwon Land reported modest revenue growth in Q1 2026, supported by gaming performance, but profitability declined due to higher costs and reduced financial gains.
Kangwon Land reported modest revenue growth in Q1 2026, supported by gaming performance, but profitability declined due to higher costs and reduced financial gains.
The event forms part of OLG’s Toronto World Cup 2026 supporter role, with links to grassroots soccer programmes across Ontario.
As part of the transaction, Vici entered into a triple-net master lease agreement with a newly formed entity owned and controlled by Golden Entertainment Chairman & CEO Blake Sartini.
The ‘Vegas-class' expansion will include a high-tech and smoke-free casino area, as well as Aya, a 250-seat restaurant led by Chef Royden Ellamar and located on the property’s roof.
Both the Las Vegas Strip and Downtown areas in Nevada managed to increase revenue year-over-year, rising 14.4% and 20.8%, respectively, for totals of $780m and $103.1m.
City of Dreams was Melco’s primary revenue driver over the first quarter, with rises recorded across the board.
The decision to shut down the La Paz gaming venue by June 1 has triggered legislative pushback in both chambers and reopened a wider debate about state-run gambling halls.
Federal ruling allows an operator to introduce slot machines and expand gaming offer despite previous restrictions.
The project, which now awaits the President’s signature, is expected to boost tourism, create jobs and increase tax revenue for the regional budget.
The scheme helps to boost the trajectory of smaller businesses in the region.