M Resort Las Vegas debuts second hotel tower
The Penn Entertainment-owned facility completed the hotel tower project 'on budget' and ahead of schedule, nearly doubling the capacity of M Resort Las Vegas to 765 rooms and suites.
The Penn Entertainment-owned facility completed the hotel tower project 'on budget' and ahead of schedule, nearly doubling the capacity of M Resort Las Vegas to 765 rooms and suites.
The New York Gaming Facility Location Board officially recommended approval for all three operators on December 1, leading to chants of 'shame on you' from members of the public.
The Canadian operator has demonstrated 4% year-over-year growth for Q3, but also indicated the potential need for refinancing in 2026.
CEO Neal Menashe described the RGD increases as 'reasonable taxation of online gaming' and expects the government to provide 'strict enforcement' of non-paying offshore operators.
The operator anticipates an additional cost of approximately £200m each year following the new Budget's introduction, while Evoke estimated £125-135m in annual duty costs.
The operator stated increases in tax payments are proportionately offset by a £6m benefit 'arising from the abolition of bingo duty' as part of the UK Autumn Budget 2025 statement.
The $1.35bn in total gaming revenue produced throughout October was primarily accounted for by the Clark County area, which increased revenue by 5% year-over-year for a total of $1.17bn.
Borgata Hotel Casino & Spa, Caesars Atlantic City, Golden Nugget, Hard Rock Hotel & Casino Atlantic City, Ocean Casino Resort and Resorts Atlantic City all took part in the contribution.
Professionals in the gambling industry always show a fondness for statistics, and the Gambling Commission has delivered in the form of the new Gambling Industry interactive dashboard.
The nation's Ministry of Finance has revealed rising remote revenue figures as part of its latest financial results.