New Gaming Laws In China Hurt Wynn, Casino Stocks Tied To Macau

Wynn Resorts

Following new Chinese government restrictions, companies doing business in Macau suffer stock drops across the globe. Macau officials are consulting government officials regarding new restrictions and potential revisions to their gaming operations. LAS VEGAS – The Asian gaming hub of Macau recently announced that they will be tightening restrictions on gambling and operators within the … Read more

Chicago Extends Casino Application Deadline By Two Months

Chicago Casino Gaming

Chicago Mayor Lori Lightfoot has extended the deadline for Chicago casino applications. MGM, Wynn and Caesars have already taken themselves out of the running. Rush Street Interactive is a likely favorite to end up as the operator. CHICAGO – Chicago Mayor Lori Lightfoot originally set a deadline of Aug. 23 for those interested in operating … Read more

MGM Casinos Given Go Ahead To Fill 100% Gaming Capacity

MGM Grand Las Vegas

MGM’s casinos and resorts in Las Vegas have received approval to reopen fully. This approval applies specifically to their gaming floors, and not restaurants. They join Wynn Resorts and The Cosmopolitan of Las Vegas as approved to reopen gaming at 100% capacity. LAS VEGAS – MGM’s casinos in Las Vegas have been approved to reopen … Read more

Here’s Why Online Gambling Stocks Are Tanking For Investors

Online Gambling Stocks

Online casino operations have not been seeing high success on the NASDAQ. This could be attributed to retail casinos reopening. Online gambling has also been proven to be far from profitable for major operations. NEW YORK – Online gambling peaked in 2020 during the pandemic, leading to many iGaming investors going all in on stocks … Read more

Wynn Resorts & GAN Limited To Launch iGaming In Michigan

GAN For iGaming

GAN Limited and Wynn Resorts sign a 10-year agreement. The iGaming software supplier will bring its software platform to Wynn Resorts in its Michigan launch. Wynn Resorts will be among the first online gambling operations in Michigan pending regulatory approval. LANSING, Mich. – As Michigan gets closer to providing regulated online gambling to its residents … Read more