2024.07.19
chumba casino rMGM Grand operator MGM Resorts, seen here, is selling 0 million in debt as its sports betting unit is taking off. (Image: Bloomberg)The Bellagio operator said it intends to use the proceeds from the note sale “for general corporate purposes, which could include refinancing existing indebtedness” — standard lingo used by companies when selling debt or equity.MGM didn’t reveal the coupon on the notes in a prospectus filed with the Securities and Exchange Commission (SEC). The operator has no debt maturing before 2022.COVID CommentsMGM is the largest operator on the Las Vegas Strip. blackjack online gamblingis out with its own update today, commenting directly on that business. In May, the Mirage operator completed the sale of 0 million in senior notes coming due in 2025 at an interest rate of 6.75 percent. The operator has no debt maturing before 2022.COVID CommentsMGM is the largest operator on the Las Vegas Strip. online casino ct roulette casino poker 4 in 1 wecofree slot machines to play on my phoneMGM joins DraftKings (NASDAQ:DKNG) and Penn National Gaming (NASDAQ:PENN), among others, as the operators raising cash in recent weeks.BetMGM UpdateGVC Holdings Plc. They join a growing list of gaming companies heading to capital markets to raise cash. Ohio borders five states, and only Kentucky doesn’t permit legal sports betting. ruby slots bonus codes 2021Ohio casinos and racinos won 2.1 million in August and 1.1 million in July.Sports Betting OddsThe line on Ohio lawmakers passing a sports betting bill has shortened in recent months. Employees must wear face masks, but patrons are only urged to do so, not required.Despite the limitations and regulations, guests are gambling at higher rates than ever experienced in Ohio.September’s all-time beangel of the winds casino hotel phone numberst performance is the third consecutive record monthly performance. They join a growing list of gaming companies heading to capital markets to raise cash. table games at rivers casino schenectady is hard rock casino open todayonline gambling advertising(Image: Cleveland.com)Ohio’s four commercial casinos, which feature slot angel of the winds casino hotel phone numbermachines and table games, reported gross gaming revenue (GGR) of .9 million. GVC added that in August, BetMGM’s share of the New Jersey internet casinos market was 22 percent, while its online sports betting share was 10 percent and retail sports wagering was 24 percent.GVC also noted its combined share in Colorado, Indiana, and West Virginia is in line with expectations of 15 percent to 20 percent.The firm estimates that BetMGM’s iGaming and sports wagering share in the markets in which it’s currently operational is 17 percent and that the business will generate net revenue of 0 million to 0 million this year.Ohio casinos and racinos won 2.1 million in August and 1.1 million in July.Sports Betting OddsThe line on Ohio lawmakers passing a sports betting bill has shortened in recent months. MGM joins DraftKings (NASDAQ:DKNG) and Penn National Gaming (NASDAQ:PENN), among others, as the operators raising cash in recent weeks.BetMGM UpdateGVC Holdings Plc. They join a growing list of gaming companies heading to capital markets to raise cash. GVC added that in August, BetMGM’s share of the New Jersey internet casinos market was 22 percent, while its online sports betting share was 10 percent and retail sports wagering was 24 percent.GVC also noted its combined share in Colorado, Indiana, and West Virginia is in line with expectations of 15 percent to 20 percent.The firm estimates that BetMGM’s iGaming and sports wagering share in the markets in which it’s currently operational is 17 percent and that the business will generate net revenue of 0 million to 0 million this year.casinos near lake tahoe vacation resort firekeepers casino keno |