Atlantc Cty casnos eye resumpton as Mchgan sets out safety standards

Posted on November 11, 2020 by Cory - Others

Researchers and consultants in the gaming industry are 2021 in depicting potential blue photographs for the largest casino market in the United States, as the trend of Coronavirus has been giving trials on resort operators. He said that it would be a "transformation point" for the future of Las Vegas.

In the new survey announced on Wednesday, "A Post-Covid Landscape" (Las Vegas: after COVID), the group said how Las Vegas has overcome past crisis including recession. He investigated the challenge, tragedy, a fire between the 1980s MGM Grand and the Las Vegas Hilton, and a gunfire on October 1, 2017 at Las Vegas Strip.

However, the COVID-19, which caused an unprecedented situation in which all gaming in Nevada was closed for 78 days, causing a catastrophic blow to gaming and sightseeing, has a unique issue in the future of Las Vegas.

"Las Vegas is facing a historic crisis, and the response over the next few months will decide the trajectory of the city for several years," he said. One of the UNLV President and historian David G. Schwartz said.

The group investigated gaming executives and investigated more than 1, 000 Las Vegas customers to determine their actions and attitudes on Las Vegas in both Covid and Covid.

Researchers have stated that there are powerful maps for recovery. This information was summarized before Pfizer's initial data of Coronavirus vaccine candidates has suggested that 90 % of COVID-19 can be effective.

"After all crises, there are winners and losers, and this is the same.

Schwartz, Denston Group CEO Oliver Rovatat, CBRE Global Gaming Group Consulting Director Brent Pirosh, Blanc Canvas Consulting CEO, the founder of The Strategy Organization, Josh Swiss The team, Mann, states that industry leaders must pivot to meet customer needs. Otherwise, some resorts may not be able to recover.

"The respondents in the industry point out that this is a unprecedented crisis. It is a collapse of this problem, which is not the recovery prospect.

Lovatt said the information helped shape a path to speed up recovery and avoid the mistakes made in previous decades. "The challenge facing Las Vegas is significant, and current responses vary widely. To be successful, we need to be strategic, not tactical. For this report, leading researchers and consultants in gaming and hospitality spent months gathering primary research and industry insights.

Among the survey results, researchers found the following:

64% of people sampled plan to return to Las Vegas within 12 months.

• 54% would be comfortable flying to Las Vegas within 12 months.
• 52% believe Las Vegas resorts are safe.
• 59% believe smoking should be banned in casinos.
• 36% believe mask-wearing and social distancing should continue even after vaccination.
• While more than 50% of Las Vegas customers are continuing past behaviors with moderate changes to their behavior, such as wearing masks, a second group (about 25%) said they would resume past behaviors if there was a vaccine or proven treatment. An even smaller number (11%-13%) would be willing to wait until they were vaccinated to return. It said that normal Las Vegas gaming activity will return only after 12 months.

"This study offers a unique perspective not found in typical investment reports," it said. "More importantly, it provides insights and recommendations for moving forward.

The authors identified two phases and recovery scenarios: during COVID-19 and after COVID-19. For resort operators, the first phase is to determine which customer risks they want to take among the profiled segments. The second phase is to learn from past performance with specific customers and build a sustainable business model.

Even if midweek convention business is minimal, resort operators need to be proactive in developing alternative programs and actively attract customers, the report said.

"The coronavirus pandemic has systematically affected the gaming industry more than any event in modern gaming history. There are no past precedents to refer to here, and no playbook. Therefore, we must look to our guests as an industry, share what is important, and think about how to adapt and emerge from the current environment."

The authors note that Las Vegas will still draw between 19 and 20 million tourists in 2020, despite COVID-19.

Meanwhile, they believe gaming, retail, paid attractions and outdoor events will see a faster recovery, followed by sporting events, indoor dining and live music. The majority of nightclub and dayclub patrons will not resume past activities anytime soon.

"This survey seeks to provide a snapshot of customer attitudes in the face of the current global pandemic. Applying the feedback contained herein is intended to help hasten market recovery."

To request the full report, please visit www. postcovidvegas. com.

Howard Stutz is executive editor of the CDC Gaming Report. Contact him at hstutz@cdcgaming. com . Follow him on Twitter @howardstutz.

Posted on November 11, 2020 by Cory - More

Las Vegas attorney Brin Gibson named chairman of the Nevada Gaming Control Board

Posted on November 11, 2020 by Cory - Others

Gibson, 46, was appointed chairman of the state Gaming Control Board by Gov. Steve Sisolak on Tuesday to serve the two-year term of former chairman Sandra Douglas Morgan, who resigned last week to take a position on the board of directors of Fidelity National Financial Corp.

Sisolak knew Gibson well; he served as the governor's general counsel for a year and assisted him during two special legislative sessions this summer.

"Brin's extensive background and expertise in a highly regulated industry, including his experience as gaming department chief, makes him a great fit for this position, and I look forward to seeing him serve in this position," Sisolak said in a statement.

The three-member control board makes recommendations on licenses and other gaming policies to the part-time Nevada Gaming Commission. The control board chairman earns an annual salary of $158, 879 and is considered the state's top gaming regulator.

The coronavirus pandemic has dominated headlines this year, shutting down the state's gaming industry for 78 days, beginning March 18, to slow the spread of COVID-19. The Control Board and Gaming Commission adopted a list of COVID-19 health, safety, cleaning and social distancing protocols that have been in place since June.

Gibson is leaving his current job as a shareholder in Braunstein Hyatt Farber Schreck's Las Vegas office. He joined the law firm earlier this year.

"I am humbled and honored that Governor Sisolak has appointed me to serve as Chairman of the Nevada Gaming Control Board at a time like this. "This office has been filled by men of great character and ability, including Chairman Sandra Douglas Morgan, and I will work tirelessly to serve with the same honor and dignity that my predecessors have demonstrated."

While serving as Sisolak's general counsel, Gibson was the chief legal officer for ethics, trade and legislative issues and protecting the state's interests in the gaming and cannabis industries.

Gibson played a similarly important role in designing the state's Cannabis Control Board, which was created last year. He chaired the advisory committee and was instrumental in crafting Assembly Bill 533, which authorized the new board.

In the Attorney General's Office, he serves as First Assistant Attorney General and Chief of the Gaming Division. In these roles, she oversaw all regulatory and administrative law for the office and oversaw a staff of approximately 400 attorneys and legal aid professionals.

As Chief of Gaming, she served as Chief Legal Counsel to the Control Board, Gaming Commission, and Nevada Gaming Policy Commission.

She served two terms as a commissioner on the Nevada Colorado River Commission, appointed by former Governor Brian Sandoval.

She earned a Bachelor of Arts, Master of Public Policy, and Juris Doctor from Brigham Young University.

When she was appointed by Sisolak in January 2019, Morgan was the second woman and the first African-American to oversee the more than 60-year-old state agency.

Sisolak also appointed Philip Katsaros to the board in 2019. Control Board Member Terry Johnson has served since 2012. Her current term runs through 2021. Sisolak has now appointed three of the five commissioners on the Gaming Commission and recently promoted John Moran Jr. to Chairman.

Howard Stutz is Executive Editor of the CDC Gaming Report. Contact him at hstutz@cdcgaming. com. Follow him on Twitter @howardstutz.

Posted on November 10, 2020 by Corey - More

Posted on November 11, 2020 by Cory - More

Detroit casinos report $101.4 million in October revenue while operating at 15% capacity

Monthly sales increased by 6. 7 % compared to September achievements. The sales of casino table games and slots in October decreased 18. 9 % yea r-o n-year.

For table games and slots, casinos have a 550 million dollar revenue per year, down 54. 2 % from $ 1. 2 billion, reported in the first 10 months of 2019.

Compared to October 2019, MGM gaming income decreased by 22. 7 % to $ 37. 8 million. MotorCity's income decreased 7. 7 % to $ 36. 3 million. GREEKTOWN's gaming income decreased by 28. 2 % to $ 19. 7 million.

Detroit's three casinos paid a $ 7. 6 million tax to Michigan ($ 9. 4 million in the same month in the same month) in October, and submitted a $ 11. 2 million tax and a development contract to Detroit.

Total of the total income of retail sports betting in the retail sports betting (with the total income of sports betting from the total income of free play) is $ 7. 6 million: $ 3. 7 million for MGM, 2. 7 million in MotorCity, and 1. 7 million GREEKTOWN Dollar. Detroit's three casinos paid a retail sports betting state tax $ 287, 166 and the city tax $ 350, 980.

The market share in October, based on the total income, including table games, slots, and retail sports betting, is as follows: 41 % for MGM, 38 % for MotorCity, and 21 % for GREEKTOWN.

Posted on November 10, 2020 by Cory - Others

Salt River Pima-Maricopa Indian Community Talking Stick Resort has opened a new high-limit slot and gaming room. The new space is part of a series of renovations that will be opened in the next few months, and is the former Shadows location.

Arizona: Talking Stick opens new high-limit room

Monthly sales increased by 6. 7 % compared to September achievements. The sales of casino table games and slots in October decreased 18. 9 % yea r-o n-year.

The new 6, 250-square-meter lounge features intricate chandeliers, mirrored columns and carpeting that reflects the colors of the Salt River Pima-Maricopa Indian Community logo. A mural of the majestic Red Mountain, a symbol of the Pima and Maricopa homelands, also pays tribute to the tribal community. The room features 89 slot machines and 14 table games, with a private entrance, cages and restrooms. Food will be served at the resort's newest restaurant, Tash, which will open in January 2021.

Another addition to Talking Stick Resort is the newest bar, Sage Bar, which is scheduled to open early next year.

Posted on November 10, 2020 by Cory - More

Not long ago, it took about three months for student services applications to be processed in the Choctaw Nation of Oklahoma.

TribalNet: Digital service programs streamline tribal community offerings

Monthly sales increased by 6. 7 % compared to September achievements. The sales of casino table games and slots in October decreased 18. 9 % yea r-o n-year.

Chahta Achvffa (One Choctaw) is a relatively new application framework that streamlines and shortens the time it takes for tribal members to receive services.

"It was about how we set up our processes and how we use technology. People had to submit the same paperwork over and over again. The data was disjointed and siloed, so it was really hard to know exactly where our members were and what was going on."

Chahta Achvffa solved multiple problems that were prevalent throughout tribal communications and services. There's more data sharing, there are more ways for citizens to access information, and there's no time constraint with a virtual portal that can be accessed at any time of the day.

"We're a pretty large tribe," said Williams. "As technology evolved, we saw everyone getting used to online applications and using technology to interact with the world, and we were lagging behind."

Chahta Achvffa's goal was to build a single tribal experience and a “citize n-centered data model” with eas y-t o-read and expandable components. Integration is the most important, one member experience, the ability to track the status of access to services and service requirements, the ease of communication with members, and the comprehensive data management with citizen s-centered approaches. It was a goal.

"We focused on building reusable components. We knew we needed to respond very quickly with the launch of a new program."

Chahta Achvffa was particularly useful when the COVID-19 pandemic began earlier this year. According to Williams, the platform was especially useful for providing services to citizens when a pandemic was closed.

Williams said that the new platform has also helped to unify the culture of the tribal members of the tribe who had to have different ideas and actions. And it was very important to provide citize n-centered data.

"If you want to get everything you want from this system, you have to think about data in a citize n-centered way." I need to integrate data and create one view for the tribal members. It changes many ways to think and operate these programs.

Posted: November 10, 2020 Posted by: COR Y-Others

UNLV WILLIAM S. Boyd School of Law has announced on Tuesday that it will develop online training programs for operators, regulators, and lawyers working in the gaming industry, its surroundings. This class, which is started in the first and second quarters of 2021, will be created and taught by several decades of gaming professionals.

UNLV Boyd School of Law to launch gaming and regulatory online courses for non-professionals

Monthly sales increased by 6. 7 % compared to September achievements. The sales of casino table games and slots in October decreased 18. 9 % yea r-o n-year.

The online course consists of eight classes to foster experts who can respond to regulations and operational issues facing the gaming industry. Students do not need to have the first degree of law required to work as a lawyer in the international market.

"UNLV William S. Voyd School of Law Law Daniel Hamilton said," Thanks to the donation from the GVC Foundation, gaming officials around the world are engaged in cuttin g-edge research on gaming and regulations. You can learn from people.

Hamilton said, as gaming continues to expand both in Japan and overseas, the need for competent, knowledge regulations and management experts. These professional programs complement the existing J. D. gaming curriculum of UNLV Boyd School, and LL. M. in gaming methods and regulations.

"The online course announced by UNLV William S. Voyd School of Law is continuously in the school and industry leaders to train experts who navigate the evolving complex US gaming market. This is a new important step in the campaign, "said GVC Foundation U. S.

The first course provided is as follows:

Anthony Cabot, Anthony Cabot, a special researcher of UNLV William S. Void School of Law, an introductory gaming method and an introduction to regulations.

Introduction to gaming operations: Uri Clinton, the president and highest executive of MGM Empire City Casino in New York.

• "Legal and operating environment for sports gambling" by Keith Miller, a professor of Ellis and Nell Levit, a special professor of Drek Law School and a visiting professor of UNLV William S. Voyd School of Law. 。
• ALAN FELDMAN, a special researcher in the gaming of the International Gaming Institute (IGI) in the gaming method and the corporate social responsibility, and a lawyer who is a criminal and gaming intersection. vid Figler will be a lecturer.
• "Comparative research on public policies and gaming law regulations" taught by Dr. Simon Planzer, a gaming lawyer and Lecturer of the Faculty of Law, Switzerland (Switzerland).
• Posted: November 10, 2020 Author: COR Y-Others
• Today, the New Laboratories International (GLI) is a new work Laboratories International (AGEM). $ 120, 000 was donated to Ive American Veterans Memorial. The donation is part of the AGEM/GLI rusting impact, Philanthropy and Initibib, and both companies cooperate to create "permanent impact" inside and outside the gaming industry.

AGEM and GLI Donate $120,000 to National Native American Veterans Memorial

Monthly sales increased by 6. 7 % compared to September achievements. The sales of casino table games and slots in October decreased 18. 9 % yea r-o n-year.

Located on the National Mall, which is visited by nearly 24 million people annually, the memorial will honor American Indian, Alaska Native and Native Hawaiian veterans and symbolize the nation's respect for Native American service and patriotism. "This memorial will be a lasting reminder on the National Mall of the dedication that Native American veterans, their families, and our government have given to the United States," said GLI President and CEO James R. Maida. "Native Americans have made the largest percentage of the military for decades, making up 1. 7 percent of enlisted and commissioned officers combined.

"The National Museum of the American Indian has made significant contributions to raising awareness of Native American history and contributions among non-Native communities. This memorial is another important contribution. AGEM, along with our philanthropic partners GLI and tribal gaming officials across the country, will actively support this important new addition to the National Mall so that people from around the world can experience it when they visit Washington," said AGEM Executive Director Marcus Prater.

The Lasting Impact Philanthropy Initiative is a multi-year effort aimed at identifying worthy causes that will thrive in the long term and leverage direct donations to provide a variety of support to multiple beneficiaries.

Posted on November 10, 2020 by Cory - More

Evolution has announced a partnership with Caesars Entertainment, Inc. to bring live casino games online for Caesars Casino & Sportsbook Pennsylvania.

The agreement will see Evolution bring its online live casino and game show style gaming portfolio to Caesars customers. Evolution's live games will be available within the Caesars Casino & Sportsbook PA app, available on iOS and Android or desktop.

Evolution and Caesars Entertainment launch online Live Casino in Pennsylvania

Monthly sales increased by 6. 7 % compared to September achievements. The sales of casino table games and slots in October decreased 18. 9 % yea r-o n-year.

"Caesthers Entertainment's Caesers Sports Online Gaming Division, Christian Stuart said," Saesers is bullish for the future of eye gaming, and the best online gaming with excellent experiences and latest technology. It is important to keep providing. "

Posted on November 10, 2020 by Cory - Others

The twin rivers are dry

BALLY'S CORP. has officially started trading on the New York Stock Exchange on Monday, completing the name of a regional casino operating company from Twin River Worldwide Holdings.

Name change to Bally’s Corp. from Twin River is now official

Monthly sales increased by 6. 7 % compared to September achievements. The sales of casino table games and slots in October decreased 18. 9 % yea r-o n-year.

Last week, New Jersey's gaming regulatory authorities approved the acquisition of the $ 25 million Bally's Atlantic City.

BALLY stated in a statement that "this name change is implemented as part of the unified brand Initiative, and complements the significant geographic growth and management improvement that the company has achieved in the past year." I am.

The company plans to name Barry many of the portfolio. In addition to the Bally Atlantic City transactions, the company has made three transactions in four states acquiring a total of four resort casinos.

BALLY has acquired the $ 48 billion of CAESARS from CAESARS, in collaboration with real estate investment trust Gaming and Leisure Properties. He also pays $ 120 million for Jumer's Casino & Amp; Hotel in Rock Island, Illinois, and $ 155 million to the operation of Eldorado Shreveport in Louisiana and Montbleu Resort Casino in Lakutaho in Nevada.

By the time the new Barry has completed the current acquisition, the company will operate 14 casinos in 10 states.

"The Bally's brand is the core to become the first omn i-channel gaming company that seamlessly integrates physical casino and digital solutions," said George Papania of Twin River CEO.

The Bally name has a long history in the gaming industry. Bally Manufacturing was a developer of pinball and arcade games before branching out into slot machines. The gaming equipment business was sold and evolved into Bally Technologies, which was one of the largest manufacturers in the industry when it was acquired by Scientific Games in a $5. 1 billion deal in 2015.

Besides Bally's Atlantic City, Caesars' Bally's Las Vegas is the only other U. S. casino to bear the Bally's name. As part of its agreement to control the name, Caesars has a "perpetual license" to use the Bally's brand in Las Vegas.

The stock symbol for the former Twin River is now BALY. Its closing price on Monday was $27. 90.

Howard Stutz is executive editor of CDC Gaming Reports. Contact him at hstutz@cdcgaming. com. Follow him on Twitter @howardstutz. Posted on November 10, 2020 by Cory - More

Jamul Indian Village President Erica M. Pinto has received the California American Indian Chamber of Commerce's highest honor, the Warrior Award.

Pinto was honored at the Chamber's 2020 Native American Heritage Month Luncheon, held on Friday at the Agua Caliente Resort in Rancho Mirage, California. The prestigious Warrior Award recognizes Pinto's continued work for tribal business and Native community development.

Posted on November 11, 2020 by Cory - More

Jamul Chairwoman Erica M. Pinto honored by American Indian Chamber of Commerce

Monthly sales increased by 6. 7 % compared to September achievements. The sales of casino table games and slots in October decreased 18. 9 % yea r-o n-year.

Pinto was selected as this year's Warrior Award recipient after a rigorous selection process. She was nominated by members of the Chamber's Tribal Advisory Council, which includes past Warrior Award recipients: Lynn Valbuena, Andrew Maciel and Rosemary Moriyo. This year's recipient was then selected by the Chamber Board of Directors.

Chairperson Pinto has served on the JIV Tribal Council since 1997. In 2015, she was the first woman elected Chairperson of the JIV and has been instrumental in leading the tribe's economic progress toward self-reliance.

In February 2014, JIV supervised the groundbreaking ceremony of gaming facilities in settlements under the leadership of the tribal council. In October 2016, Jamle Casino opened to create about 1, 000 regular employment. She is working to increase the land base of the tribal and increase the economic opportunity of JIV members.

Focus is also a c o-founder of the tribe program, the tribal program that organizes drugs and alcohol abuse and tee n-out pregnancy and promotes education.

Latest news

Posted on November 9, 2020 by Cory - Others

JCM Global has again expanded its lon g-term partnership with Churchill Downs Incorporated (CDI).

Earlier this month, JCM announced that the CDI has adopted a newly opened oak gloves in Kentucky Oak Gloves, a gaming & hotel with a JCM IVIZION banknote discrimination, a GEN5 thermal printer, and an ICB Intelligent cashbox system.

"Newport racing & gaming guests have been able to experience the same bet transactions that are expected at Oak Globe Racing, Gaming & Hotel by expanding their partnerships with JCM. Oak gloves racing. Gaming and hotels will allow the same gambling trading as before by expanding the partner with JCM.

Atlantc Cty casnos eye resumpton as Mchgan sets out safety standards

"In the Oak Glove Racing, Gaming & Hotel, and this New Port Racing & Gaming, Churchol Downs can be confident in the protection and efficiency of JCM solutions.

JCM's iVizion protects operators with contact image sensor technology that reads more than 9. 5 million data from one banknote. In addition, a powerful combination of optical sensor and mechanical security protects from counterfeit and misconduct.

The JCM GEN5 Thermal Printer has a hig h-speed CPU and a printing speed. GEN5 also has the flexibility to print TITO, promotion tickets, various betting tickets, and templat e-ized promo coupons.

The JCM ICB Drop Management System is a combination of a management dashboard and a customizable web report, enhancing efficiency, eliminating human mistakes, so that users can access the necessary information anytime, anywhere.

Posted: November 9, 2020 Posted by: COR Y-Others

The Century Casino gained business in the third quarter due to the steady recovery of major customers after the closure of the Coronavirus, increased per usage, increased usage time per usage. Both profits per share and sales exceeded the same period of the previous year, surpassing Wall Street forecast.

Century Casino officials have three hotels and racetracks in Canada, five in the United States, one in the UK, and tw o-thirds of the Casino Poland through a subsidiary. He suggested the possibility of selling foreig n-US assets and focusing on US acquisitions.

On August 5, Century Casino sold the Century Casino Calgary casino to 2267166 Alberta Limited, 7. 5 million, for a thre e-year quarte r-year income dividend.

Century Casinos officials: Company may focus on U.S. acquisitions

"In the Oak Glove Racing, Gaming & Hotel, and this New Port Racing & Gaming, Churchol Downs can be confident in the protection and efficiency of JCM solutions.

Profitable interest rates, taxes, and depreciation deductions, which are cash flow indicators excluding temporary costs, have increased from $ 7. 1 million to more than three times more than 3 times.

Sales rose $ 52. 9 % to $ 95. 9 % to $ 95. 9 %, exceeding the average analyst for analysts surveyed by Seeking Alpha.

Century Casino acquired the Century Casino New Camberand in West Virginia, Century Cape Jird, Calazvillard, Missourd, and Century Calazzville in Karazazville, Missourd, in December 2019. He said that it boosted the overall performance. Century paid $ 17 billion and acquired these casinos.

Despite his strong performance, Century officials warned that Coronavirus pandemic would be prolonged.

According to Century, viruses have reduced capacity in various ways. For example, in Colorado's Krupuruk, the company's casinos have a full open slot floor, but table games are expected to remain closed until the end of the year. In Colorado Central City, 65 % of the slot machines and table games have resumed, but Claps and roulette were closed in October.

"There is almost no outlook on the impact of Corona's trends on our market in the future," said Peter Hotsnger, CEO, said at a conference with analysts and journalists. "However, we believe that those who often find value in annual layers and casinos will continue to go up if they come to our casino with peace of mind. Also, new young customers are regular. I hope that it will change to a customer. "

Hoetzinger has been holding an unnecessary capital expenditure project at this time, but wants to return to a more normalized capital expenditure next year and reinvests about 3 % to 4 % of pure income. I suggested that.

"We have a very good start after business resumes. We intend to focus on more efficient and profitable businesses after the crisis has left."

Hotsinger suggested that Century could sell U. S. businesses and invest in US businesses. At the Q & A session of the conference, Futzinger could consider the sale of Century Calgary to the Laut Capital Partners analyst David Baine, and the company's European business was the "no n-core business". He said he was shifting to the importance of.

"You may be thinking about doing a good deal about these assets in Poland." We are now able to successfully integrate contract negotiations, contracts, and integrate larg e-scale transactions. I think it will be a better buyer for some mediu m-sized assets.

"So next year, I think M & Amp; A in the United States will be very busy.

The Nasdaq market for Century Casino shares was $ 5. 46, the same as the previous day. The stock price has fallen 33. 1 % in 2020.

Follow Matthew Crowley on Twitter @Copyjockey

Posted: November 9, 2020 Author: COR Y-Others

Axel Entertainment officials set up a video gambling terminal in more places, signed a new contract with the sports betting company Draft Kings, and obtained $ 90 million in stock public. I felt positive at the financial results briefing.

The profit per share turned from the deficit in the same period of the previous year, and sales exceeded Wall Street forecast.

The video game terminal provider based in Barridge, Illinois has a 10-K submission document submitted to the Securities and Exchange Commission on Thursday, and has a net income of $ 12. 1 million for three months ending on September 30. It was announced that it was 14 cents per share per share) and changed from a loss of $ 1. 6 million (3 cents per share) in the same period of the previous year. The latest results were higher than the average forecasts of analysts investigated by Yahoo Finance.

Accel Entertainment officials tout stock offering, DraftKings deal, hint at acquisitions

"In the Oak Glove Racing, Gaming & Hotel, and this New Port Racing & Gaming, Churchol Downs can be confident in the protection and efficiency of JCM solutions.

Sales were $ 113 million to $ 34. 6 % to $ 136. 3 million, a record high, exceeding the average forecasts of analysts by Yahoo Finance.

At a conference with analysts and journalists, Axel's Brian Carroll CFO said in the end of the quarter (11, 597 units, up 12 % yea r-o n-year) and the number of location (2, 363 locations, up 3 %). He reported that it increased compared to the same period of the previous year. The company also has more than 806 game terminals, expecting another 1, 000 units by the end of the year.

According to Andrew Rubens Tine CEO, Axel has introduced a hygienic protocol related to Coronavirus pandemic, with 6 feet (about 1. 5 meters) in the gambling machine, and 11:00 pm. Until, only the customers who wear the mask can play. He said that despite the shortening of business hours, the impact of Axel's pure game pure income was minimal, and the Illinois Gaming Committee will be announced within a few weeks.

As Motley Fool pointed out, According to Axel, 90 % of the company's games have resumed business within three days after the cancellation of Coronavirus in Illinois as a whole. The shutdown lasted for more than two months since April 16th.

German Bank's gaming analyst Stephen Pizzella said that in a research note announced on Sunday, COVID-19 was forced to shut down, "several plus" in the complete quarter of the Axel. He said that there was. He emphasized the "advantages" of local dive performances on the nature of the place and the faithful customer base.

"Nevertheless, the increase in cases in Illinois has increased the number of cases in the Illinois State Gambling Committee to announce further easing protocols, and the positive rate of 8 % or more has continued for three consecutive days. The business environment is still a headwind, "said Pizzella.

Rubens Tine said that advertising the draftKings content and programs on the marketing channel in the accelerator or on the digital display screen in the store would deepen relationships with customers, but did not show any financial outlook. 。 DRAFTKINGS and Axel have not disclosed the amount on September 9 when the contract is announced.

"This partnership maintains and extends a contract with existing stores, attracts new existing stores and competitors, and the most important thing is to attract new players into our stores. It will be connected. "

Rubens Tine suggested in June that the company, which has acquired U. S. Toms Amusement, based in Marietta, Georgia, at a private price, may expand its business next year.

"I have a lot of opportunities. I'm focusing on developing a new market and establishing myself. Rubens Tine answered the question of Union Gaming Analyst John Decry. So we think we will go in several different directions.

"And hopefully," he added. "2021 will be a pretty aggressive acquisition year.

Axel Entertainment shares fell by 2 cents (0. 19 %) on the New York Stock Exchange on Friday for $ 10. 27. The stock price has fallen 17. 4 % in 2020.

Follow Matthew Crowley on Twitter @Copyjockey

Posted: November 6, 2020 Author: COR Y-Others

Like many companies in the United States, ful l-house resorts were forced to close their casinos in March. However, Dan Lee, CEO, found a bright sign in about two months, when the company was suspended.

"Thursday, Las Vega s-based Full House Resorts's third quarter performance at a conference with analysts, said Lee CEO. I started working on. "

The video game terminal provider based in Barridge, Illinois has a 10-K submission document submitted to the Securities and Exchange Commission on Thursday, and has a net income of $ 12. 1 million for three months ending on September 30. It was announced that it was 14 cents per share per share) and changed from a loss of $ 1. 6 million (3 cents per share) in the same period of the previous year. The latest results were higher than the average forecasts of analysts investigated by Yahoo Finance.

Renewed focus on operations boosts Full House profits, sends shares upward

Investors were pleased with the results, and ful l-house stock prices rose 13. 45 % on Friday. The stock price rose by 39 cents and closed for $ 3. 29 in the Nasdaq market.

Lee said that the introduction of the Konami Gaming System in late 2019 has been able to review the priority.

"Closed Christmas casinos in Colorado Cryquek, Christmas casinos, providing 49 cents at Bronco Billy's in Krupuru Creek, and do not provide some table games at 5 am. Was reduced.

"Especially in Rising Star (Rising San, Indiana), I noticed that there were many customers who would be upside down if they were combined with free buffets and other services." I was not profitable. I reduced what I was doing for them, focused on truly important customers, and did better for them. "

The Silver Slipper in Full House Resorts in Mississippi has increased 10. 5 % from the third quarter of 2019 to $ 18. 1 million to $ 20 million. However, the COVID-19 regulations influenced other facilities, especially Rising Star's revenue from $ 11. 6 million in the third quarter of 2019 to $ 9. 6 million. Bronco Billy's decreased by 2. 5 % in the third quarter, decreasing from $ 8. 1 million in 2019 to $ 7. 6 million in 2020.

The company's facilities in the northern part of Nevada also had a decrease in revenue from the same period of the previous year. The total income in the third quarter of the Lakutaho Grand Lodge Casino and Fallon's stockman was $ 4. 1 million, down 35 % from $ 6. 3 million in the third quarter of 2019. According to Lee, the decrease in the grand lodge was due to the decrease in the number of tourists in the Laktaho area, and Stokman was affected by the restrictions imposed on military officials at Navy Air Base, which is also known as Fallon's top gun. Say it.

Full House is a candidate for building a new casino in Walkigan, Illinois, between Chicago and Milwhake. The company has recently exchanged a commitment letter with a billion dollar investment management company, who has recently experienced a casino construction project, with one of the three companies remaining in the final selection of a Walker candidate site.

According to Lee, Full House will have more than 60 % of the premises of the Walk Gun Project, an equity, to meet the required investment of $ 25 million, and owns more than 60 % of the site.

As of September 30, Full House Resorts has a $ 34 million cash and equivalent, a $ 107. 1-secured bond, and an unsecured loan balance based on the $ 5. 6 million CARES law.

Full house stock prices, which are traded in the Nasdaq market, were closed on Thursday, up 20 (7. 4 %), up $ 2. 90.

Ken Adams, a senior analyst of information disclosure CDC gaming resorts, is a director of Full House.

Posted on November 6, 2020 by Cory - Other

Creating a hit with any type of slot machine is never easy. There are dozens of competitors, ever-changing demographics, new technology, and a ton of variables, from branding and graphics to play mechanics and progressives. But there are two machine categories that are particularly challenging for manufacturers: video poker and high-denomination reel slots. IGT retired the video poker trophy so long ago that no one even remembers it now. While not as formidable as poker, it is just as difficult to make a breakthrough with reel spinners that cost more than $1.

Reels in general are never easy. IGT's S2000 and its lookalike Bally's S6000 dominated the category for years. But faced with stiff competition from video, the general category (except for high-denomination slots) began to decline. At least, until new players came along. First came Konami's Advantage cabinet. Then Aruze got the shine (literally) with the Innovator. IGT and Bally/SciGames came back strong with the S3000/Crystal Dual and the latest Twin Star, respectively. Aristocrat is the latest player to enter the fray with Relm.

All of these manufacturers have had varying degrees of success with low-reel formats, though they don't come close to the performance of video. But apart from IGT's legacy titles, they never generated much interest from big-spending high-limit reel players. At least, not until Everi released Player Classic, which was first released as a Class II game on MultiMedia (MGAM).

Focus on Everi: Everi on top with high-denom reels

Investors were pleased with the results, and ful l-house stock prices rose 13. 45 % on Friday. The stock price rose by 39 cents and closed for $ 3. 29 in the Nasdaq market.

"We've differentiated the mechanics of play across the EVERY portfolio without overcomplicating them," said Dean Ehrlich, EVERY's executive vice president.

Probably, the lack of complexity of the game tried this machine early on those who were willing to take more than a few dollars for one steering steering wheel, and then gave the sticky trust and confidence. Thre e-reel format seems to have a perfect feel of a traditional game, much simpler than most competitors. However, Everi succeeded in combining these basic thre e-reels with bonuses on the latest video platforms and attractive top boxes that can provide progressive functions. This is what almost all the manufacturers in the reel spinning category have been aiming for for many years, but it was not easy to get the right balance. Everi seems to have found a perfect equation, and has been successful over and over again. It is a unique sophisticated simplicity.

The nationwide Eilers-Fantini performance index has been shown over a few months that Everi is the number one reel spinner in a high-prize game. Four games are ranked in the top 10 in this category. Similarly, Reel Metricks position the company as the strongest comprehensive manufacturer among the four no n-Big 4 manufacturers, and has won the first place in the ranking of "Player Classic" and Portrait Cabinet ("Empire Flex"). Due to the fact, in the last month's "Ship Share" index, Konami was overtaken and ranked fourth.

The player classic "The new model of the" new model will be released in the third and fourth quarters, "includes two versions of the" triple double "series:" Triple Double Patriot "Triple Double Gem". Mult i-priear is a progressive. The two bonus mult i-priear symbols on the active pay line are doubled, as well as the process of winning, a traditional combination of winning. I am.

It is our cautious approach to the game design that created a simple game play, an attractive upside, a familiar mechanism, and a clear paidable, and these are faithful playe r-based. We believe that it is a core element that is highly evaluated, "says EHRLICH.

Everi will not lose this faithful fan base immediately.

Posted: November 6, 2020 Posted by: COR Y-Others

In the spring of 1859, he wrote the "Two City Story" and left the name of "the best era and the worst era", as if he had seen the future and drew 2020. It was. Everi's executive vice president and game business leader, Dean Erich, must have felt so. Until just a few years ago, Every was inconspicuous outside the class II world. Today, Every Slot product has received the number one evaluation in several categories in the domestic database. According to Eilers-Fantini Performance Report in September 2020, the company's "Player Classic" is the industry's top mechanical reel, and the company's "EMPIRE Flex" is the number one portrait cabinet.

Every EVP and Game Business Leader Dean Erich

This is good news. Next, COVID-19. As is well known, casinos from around the world have been closed. As many suppliers did, every of the teams has temporarily returned to the team because he had no income in the dark days after March and had to ensure employee safety. However, with the resumption of business, the majority of employees are recalling and optimally looking forward. We talked to Erich this month about the difficulty of surviving this very unusual year:

Focus on Everi: EVP and Games Business Leader Dean Ehrlich talks about 2020

Investors were pleased with the results, and ful l-house stock prices rose 13. 45 % on Friday. The stock price rose by 39 cents and closed for $ 3. 29 in the Nasdaq market.

All Elrich is going well. As long as the casino customers continue to progress, we will be close to our customers by providing new added value. At the macro level, there is a subtle balance between fulfilling social responsibilities and making sufficient profits to keep the casino open.

F.: Normally, in October, you and your company should be immersed in looking at the G2E. However, the show became virtual and made dramatic changes. < SPAN> When Dickens wrote the "Two Cities Story" in the spring of 1859 and left the name of "the best era and the worst era", he saw the future and had 2020. It was as if I drew it. Everi's executive vice president and game business leader, Dean Erich, must have felt so. Until just a few years ago, Every was inconspicuous outside the class II world. Today, Every Slot product has received the number one evaluation in several categories in the domestic database. According to Eilers-Fantini Performance Report in September 2020, the company's "Player Classic" is the industry's top mechanical reel, and the company's "EMPIRE Flex" is the number one portrait cabinet.

Every EVP and Game Business Leader Dean Erich

This is good news. Next, COVID-19. As is well known, casinos from around the world have been closed. As many suppliers did, every of the teams has temporarily returned to the team because he had no income in the dark days after March and had to ensure employee safety. However, with the resumption of business, the majority of employees are recalling and optimally looking forward. We talked to Erich this month about the difficulty of surviving this very unusual year:

Frank: How is the situation of Every?

All Elrich is going well. As long as the casino customers continue to progress, we will be close to our customers by providing new added value. At the macro level, there is a subtle balance between fulfilling social responsibilities and making sufficient profits to keep the casino open.

F.: Normally, in October, you and your company should be immersed in looking at the G2E. However, the show became virtual and made dramatic changes. In the spring of 1859, he wrote the "Two City Story" and left the name of "the best era and the worst era", as if he had seen the future and drew 2020. It was. Everi's executive vice president and game business leader, Dean Erich, must have felt so. Until just a few years ago, Every was inconspicuous outside the class II world. Today, Every Slot product has received the number one evaluation in several categories in the domestic database. According to Eilers-Fantini Performance Report in September 2020, the company's "Player Classic" is the industry's top mechanical reel, and the company's "EMPIRE Flex" is the number one portrait cabinet.

Every EVP and Game Business Leader Dean Erich

This is good news. Next, COVID-19. As is well known, casinos from around the world have been closed. As many suppliers did, every of the teams has temporarily returned to the team because he had no income in the dark days after March and had to ensure employee safety. However, with the resumption of business, the majority of employees are recalling and optimally looking forward. We talked to Erich this month about the difficulty of surviving this very unusual year:

Frank: How is the situation of Every?

All Elrich is going well. As long as the casino customers continue to progress, we will be close to our customers by providing new added value. At the macro level, there is a subtle balance between fulfilling social responsibilities and making sufficient profits to keep the casino open.

F.: Normally, in October, you and your company should be immersed in looking at the G2E. However, the show became virtual and made dramatic changes.

E.: EGM suppliers have taken a completely different approach to G2E 2020 after the shutdown. There was no “crunch time” like G2E, and we were able to reduce the non-value-added burden on our development teams by fast-tracking prototypes for the show. There was also a big focus on “Pre-G2E” events, most of which were virtual. Casino customers are excited about our new products, but of course this is secondary to opening our casino doors and keeping our employees and customers safe. In terms of Evri’s product development cadence, our long-term roadmap remains unchanged, it has just been extended by a few months. We remain committed to delivering a strength of pipeline of new gaming content across all product categories.

F.: Will the forced shift to virtual presentations continue long after COVID is gone?

E.: I believe casino operators and suppliers alike will be especially cautious about putting people on planes as the industry continues to recognize that with today’s technology, organizations can accomplish more than they have in years past. This virtual approach may not have the same impact as in-person trade, but it will definitely make us more diligent from a budget perspective. As for G2E, we see the show as a platform that serves two purposes. First, the show allows us to build relationships with customers and reinforce the "why" of game development, and second, there is an element of the investment community, where certain constituencies can get a feel for our overall strategy and experience our game products first-hand. We think the exhibition will be smaller and more cost-effective. Either way, I think many of our exhibitors will be looking for ways to participate in the show more carefully in the future.

F.: I've heard from many slot operators that pre-G2E is better than G2E every year in terms of evaluating products.

E.: I agree. Pre-G2E events allow you to focus more than actual trade shows, and you can use your time 100% effectively. It's hard to keep talking for three days with loud music and so on, and for casino operators, the whole environment is sensory overload, and from the supplier side, it's hard to sit in a booth for three full days.

F.: Do you think roadshows will be part of the future? Konami took to the trails this year with a double-wide tractor trailer and it was impressive.

E.: Yes. Roadshows are not a new concept. Roadshows are very costly to execute effectively and may not be the smart move for all suppliers. For example, suppliers always have to visit out-of-town areas to visit major markets outside of where you are likely to have showrooms, such as Las Vegas, Atlantic City, Biloxi, etc. We believe that if you have a great product, you can make that product resonate with customers through other channels. But it is worth saying that roadshows are an ideal way to get casino customers familiar with new hardware offerings they have never seen before. It will be interesting to see if competitors see a meaningful ROI from their roadshow efforts this year.

F.: What do you think the sales environment and G2E will be like once COVID is over? Will it go back to normal or will it be forever changed?

E.: Again, I think the shows will be simpler going forward, whether it be fewer days or smaller booths. As for the sales strategy regarding visits to casino properties, I think we will get back to it soon. Property visits are important and add a lot of value to operators. You can't walk the slot floor with virtual meetings!

F.: Now there are some national performance indicators like Reel Metrics and Eilers-Fantini. How do you see these broad analytical services? Is it a good thing or a bad thing for manufacturers and operators?

E.: We are one of the few industries that does not have a single broad indicator of product performance, so the numbers from Reel Metrics and Eilers are useful in our opinion. We spend a lot of money on research and development, so we want and need this kind of transparent feedback. The challenge with both services is that these reports give us a good direction because they show us some of the "must-haves". If a product ranks high on the reports for a certain period of time, the purchasing decision becomes logical and intuitive. But you have to look at the players in your area and not overlook or under-appreciate products that do not perform very well in these surveys but perform well with a certain player demographic. In Every’s case, it took a long time to gain the recognition it has today, with multiple No. 1 cabinets and important game theme performance callouts.

Not only our commercial team advertises performance. Especially for segments such as hig h-priced mechanical reels, it is difficult to obtain evaluations suitable for these products. It is great to show customers that independent institutions have recognized our success in 15 to 19 game themes, 15-19, in one month. However, we must accept the results, make a lump, and change the strategy when the product does not work.

Caesars planning to reopen the Rio as company leaders tout Las Vegas operations

Investors were pleased with the results, and ful l-house stock prices rose 13. 45 % on Friday. The stock price rose by 39 cents and closed for $ 3. 29 in the Nasdaq market.

E.: We have built a great relationship of trust with the hig h-priced players. They understand what kind of play experience they want, and we believe they provide them accurately and provide wonderful play. Through the entire Every Portfolio, we have differentiated the play mechanism without excessive complexity, which has created a large brand royalty for many years. In summary, our caumatic approaches for game designs that create a theme with a simple gameplay, attractive upside, familiar mechanics, and a clear pa y-table, a core element that is highly valued by the faithful players. I think it is.

F .: How is the team working on game design? (Everli has a design studio in Austin, Texas, Rino, Nevada, and Chicago, Illinois.)

E.: We are looking for three things from the game studio team: (1) being independent, (2) being original, and finally grabbing a chance and making mistakes. You are allowed to commit, but do not repeat the same mistakes many times. The organization always talks about the "innovation culture", but in the event it is called the "original culture." If we ask a designer for originality, we believe that it is not a stale word, but a general word with the essence. In this context, "German Creation" is a new play mechanic or a new mathematical model, not a variation of what has been done many times in the past (such as repainting the same golf course in a different color).

F.: In the previous G2E, Every was one of the only companies that announced a completely new brand product. Others have only r e-baked brands for the past few years. What do you think about future brand products?

E.: We believe that the brand will always be a part of the casino floor, and we take a calculated approach to how we leverage the brand to enhance the player experience, from form factor to play mechanics to merchandising. It's very important for our studio to be connected to the brand, as opposed to associating the brand with a game where the game development has no stake or attachment to that brand.

Posted on November 6, 2020 by Cory - Other

Of Caesars Entertainment's 56 gaming properties, only one has been closed since mid-March due to the coronavirus outbreak. That may change by the end of the year.

Caesars CEO Tom Reeg said Thursday that the company will open the Rio Casino Resort off the Las Vegas Strip, possibly next month. Caesars has a management agreement with a New York investment firm to operate the Rio.

The remarks, made during a question-and-answer session during Caesars' third-quarter conference call, seemed the opposite of current Las Vegas sales trends.

But Reeg was bullish on Las Vegas. "As we get into a post-COVID world, the increased demand for gaming and Las Vegas in general is going to be more than we could have ever imagined," Reeg told Gaming Analysts. "We're not talking about closing properties, we're talking about opening new properties."

Reeg extended this comment to gaming across the US. Reeg said Americans' appetite for gambling will bounce back quickly, especially after spending the better part of a year ruining travel plans because of COVID-19. "Gambling has been a losing game since the dawn of civilization."

He also provided cash flow totals for the company's Las Vegas properties since the resort reopened on June 4 after Nevada's 78-day gaming shutdown due to the pandemic.

Reeg said cash flow in July was $10 million, $16 million in August, $34 million in September and $50 million in October. He noted that the October figure includes operating costs from keeping Planet Hollywood, The Cromwell and the Rio closed throughout the quarter, as well as Bally's Las Vegas open for just a few weeks.

Caesthers' President Anthony Calano has held some small group meetings in Las Vegas for the last three months of the year due to the easing of the crowd's regulations by Nevada Governor Steve Sazorak. He said he was able to assemble.

On the other hand, Mr. League, on the other hand, reservations for the Caesters Forum Conference Center that "opened for several days" in the event of a pandemic that the convention could proceed with a maximum of 50 % capacity since January 1st. He pointed out that it is useful.

According to him, 172 events were reserved in 2021, the accommodation was 1. 6 million nights, and the budget for rooms and banquet income was $ 600 million.

However, League said, "This will not happen unless the public health situation is resolved." He predicted that the first three months of 2021 would be "the same as the last three quarters of 2020."

This quarter means that the merger of Caesers and Eldorado Resorts was completed on July 20. Eldorado was an acquired company, but after the merger, it maintained Caesters' names and stock symbols. The league and the remaining Eldorado management have taken over Caesters' rights.

In the quarter of September 30, Caesers finished $ 1. 4 billion, but recorded $ 926 million.

Posted on November 11, 2020 by Cory - More

Q3 net loss aside, Wynn CEO sees positive trends in Macau and strong rollout of sports betting product

Investors were pleased with the results, and ful l-house stock prices rose 13. 45 % on Friday. The stock price rose by 39 cents and closed for $ 3. 29 in the Nasdaq market.

The company also announced that it will sell Indiana's Tropicana Evansville for $ 480 million. The company's executives have announced the announcement of other casinos later this year.

As of September 30, Caesters lon g-term debt was $ 16. 2 billion.

On Thursday, Caesters' stock prices were 3. 93 (7. 53 %) higher in the Nasdaq market, $ 56. 13.

Howard Stats is an executive editor for CDC gaming reports. The contact information is hstutz@cdcgaming. com. Follow @howardStutz on Twitter.

Posted: November 6, 2020 Posted by: COR Y-Others

Wynn Resorts made a loss of $ 758. 1 million in the third quarter, mainly at Macau's two resorts. Before COVID-19, Macau resort provided Wynn between 65 % and 70 % of the quarterly revenue flow.

The coronavirus has devastated Macau's entire casino market, with gaming revenue falling by more than 90% in six of the past seven months.

"The third quarter will be roughly in line with the second quarter, so there's not much to talk about," Wynn CEO Matt Maddox said Thursday during a quarterly conference call with analysts.

But Macau is seeing positive trends, including easing government travel restrictions and fewer COVID-19 cases compared to the U. S., Maddox added.

"The Macau government has worked hard and taken a very cautious and thoughtful approach," he said. "Macau is one of the safest countries. Macau is one of the safest places on earth. The mood is very good."

For now, the company's efforts are focused on Las Vegas and Boston. Both locations saw revenue decline in the quarter ended Sept. 30, but the company generated positive cash flow of $20. 3 million in Las Vegas and $22. 3 million in Boston.

"Despite the ongoing impact of the virus and related operating constraints, we are encouraged by the progress we have made at each of our properties over the past few months," Maddox said.

Company sales for the quarter were down 77. 5% to $370. 5 million, compared with $1. 647 billion in the same period last year. Las Vegas sales were down 53. 3% to $186. 7 million. In Macau, Wynn Macau revenues fell 89. 2% to $51. 4 million, while Wynn Palace revenues fell 97. 4% to $15. 7 million.

Encore Boston Harbor revenues fell 33. 6% to $116. 7 million.

Net loss was $758. 1 million, compared with a net loss of $3. 5 million a year ago.

"Encore Boston Harbor delivered a record quarter in the third quarter, and Wynn Las Vegas saw continued strong weekend leisure demand with solid hotel occupancy and casino play," Maddox said.

He added that Wynn Las Vegas wants the "highest room rates" on the Strip, and the company's flagship casino is attracting new customers "from competitors."

In October, Encore Las Vegas began limiting its operating schedule to just four days a week, citing declining demand, and starting Friday in Boston, Encore and two other casinos in Massachusetts will be closed between 9:30 p. m. and 5 a. m. daily after the governor issued a nightly curfew due to a surge in COVID-19 cases in that state.

Madox called the obligation to "temporary retreat", and after resuming in late June, the facility was "on track."

"We do the right thing for Massachusetts," said Madox.

Posted on November 11, 2020 by Cory - More

Colorado: Penn National and Barstool launch their first branded sportsbook at Ameristar Black Hawk

Investors were pleased with the results, and ful l-house stock prices rose 13. 45 % on Friday. The stock price rose by 39 cents and closed for $ 3. 29 in the Nasdaq market.

"We have advanced Wynn Interactive," We are also discussing with potential partners for additional access contracts in other jurisdictions.

Win Resorts, which is traded in the Nasdaq market, was closed on Thursday, $ 4. 01 (5. 27 %), $ 80. 13.

Howard Stats is an executive editor for CDC gaming reports. The contact information is hstutz@cdcgaming. com. Follow @howardStutz on Twitter.

Posted on November 6, 2020 by Cory - Others

PENNN NATIONAL GAMING has opened the first BARSTOOL brand sportsbook in the Americano Colorado Colorado Hawk Casino.

This sportsbook will be the first retail store in the gaming community that provides services to the Denver market. The company plans to introduce a BARSTOOL brand sports betting app in Colorado as soon as possible.

"This is the first store that BARSTOOL SPORTSBOOKS will open in casinos nationwide," said Jay Snowden, a pennatal CEO. The company operates 41 casinos in 19 states.

"We hope that each of the unique sports betting experience will be provided with some features that reflect the brand spirit of BARSTOOL SPORTS, and we hope that customers can enjoy it," said Snowden CEO.

Pennatal paid $ 163 million in January and acquired 36 % of the sports media platforms.

Pen will launch a berth tool app in Michigan this year, targeting more states through 2021. This app is currently available only in Pennsylvania. Snowden said that the goal was to start sports betting in all states where Pen owns gaming facilities and legalized sports betting.

With Maryland voters legalizing sports betting this week, Penn is expected to exercise an option to buy the state's Hollywood Casino Perryville operation from real estate investment trust Gaming and Leisure Properties later this year.

In addition to Blackhawk, Penn plans to roll out Barstool-branded retail sportsbooks at Greektown in Detroit and two Indiana casinos, Ameristar East Chicago and Hollywood Casino Lawrenceburg, between November and January.

By launching a Barstool-branded sportsbook, Penn hopes to broaden its reach and change its customer base, which currently skews toward those 45 and older.

Penn said the Ameristar Blackhawk sportsbook will feature sports betting kiosks and ticket creation stations to accommodate thousands of sports betting options. The new sportsbook will be located on the casino's second floor.

Posted on November 11, 2020 by Cory - More

AGS shares surge despite posting wider Q3 loss and lower revenue

Investors were pleased with the results, and ful l-house stock prices rose 13. 45 % on Friday. The stock price rose by 39 cents and closed for $ 3. 29 in the Nasdaq market.

Penn is also developing Barstool-branded freestanding entertainment venues in various markets.

"These locations will serve as virtual sportsbooks in metropolitan areas in states where online sports betting is approved, and we believe they will help us further expand the reach of the Barstool brand and attract new customers with attractive economics," Snowden said.

Howard Stutz is executive editor of the CDC Gaming Report. Contact him at hstutz@cdcgaming. com . Follow him on Twitter @howardstutz.

Posted on November 6, 2020 by Cory - Other

Electronic slot and bingo machine maker AGS said the coronavirus blues are stubbornly remaining. The company's third-quarter losses widened and revenue shrank even as casinos began to reopen from closures.

The results seemed to please investors, sending the stock up 11% in after-hours trading.

In a statement issued after the stock market closed on Thursday, the Las Vegas-based company said it had a net loss of $11. 1 million, or 31 cents per share, for the three months ended Sept. 30.

Analysts surveyed by Seeking Alpha had expected a loss of 62 cents per share.

Adjusted earnings before interest, taxes, depreciation and amortization, a measure of cash flow that excludes one-time charges, rose 26. 6% to $27 million from $36. 8 million a year ago.

Revenue fell 37. 9% to $49. 3 million from $79. 4 million, beating the average estimate of $37. 2 million of analysts surveyed by Seeking Alpha. AGS blamed the decline on a loss of leasing revenue from idle electronic gaming machines and a decline in installed base from a year ago.

AGS estimates that 87% of its domestic electronic gambling machines, more than 14, 500 machines, were in operation as of the end of the third quarter. The company said domestic electronic gambling machine installations were down 1, 900 units compared to the same period a year ago, due to the sale of 476 previously leased, low-profit Oklahoma-made machines to a distributor and coronavirus-induced slot floor reconfigurations that took 350 machines out of service.

AGS CEO David Lopez looked for silver linings, saying in a statement that the pandemic has hardened staff resolve and made the company more agile.

"Improvements to our hardware and game content position us well to secure a fair share of future unit sales," Lopez said. "We remain encouraged by strategic growth opportunities emerging in our table games division and expect our interactive performance to continue to improve as more states consider adopting real money online gaming legislation.

CFO Kimo Akiona noted that the company's third-quarter performance and liquidity ($113. 2 million in available liquidity as of Sept. 30) enabled it to repay its $30 million revolver.

On Sept. 25, Rohto Capital analyst David Bain raised his target price for AGS to $8. 50.

The video game terminal provider based in Barridge, Illinois has a 10-K submission document submitted to the Securities and Exchange Commission on Thursday, and has a net income of $ 12. 1 million for three months ending on September 30. It was announced that it was 14 cents per share per share) and changed from a loss of $ 1. 6 million (3 cents per share) in the same period of the previous year. The latest results were higher than the average forecasts of analysts investigated by Yahoo Finance.