2024.07.12
morongo casino ufc fightMGM Northfield Park won .9 million (up 2.9 percent), JACK Cleveland .1 million (up 5.3 percent), and JACK Thistledown .2 million (up 20.8 percent).Legalized gambling in the Buckeye State dates back to 2012, and last month was the best September ever for the state casino industry.Casino September GGRMGM Northfield Park .9MHollywood Columbus .3MHollywood Toledo .9MJACK Cleveland .1MEldorado Scioto Downs MHard Rock Cincinnati .6MJACK Thistledown .2MMiami Valley MHollywood Mahoning MHollywood Dayton .7MBelterra Park .9MThe GGR data is provided by the Ohio Lottery Commission and Ohio Casino Control Commission, the latter which regulates the four casinos (JACK Cleveland, Hard Rock, and Hollywood Toledo/Columbus).Pandemic DemandOhio casinos were closed throughout April and May, but began welcoming back gamblers in June. 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. (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). encore casino video pokerSlots generated .8 million, and tables .9 million. COVID-19 restrictions remain in place, including a 50 percent capacity limit.Poker is still off-limits, as are live events and concerts. (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 island view casino buffet admiral casino jackpotsnearest casino resortIn 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. 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.(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). harrah s casino north carolina hoursCOVID-19 restrictions remain in place, including a 50 percent capacity limit.Poker is still off-limits, as are live events and concerts. 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. MGM Northfield Park won .9 million (up 2.9 percent), JACK Cleveland .1 million (up 5.3 percent), and JACK Thistledown .2 million (up 20.8 percent).Legalized gambling in the Buckeye State dates back to 2012, and last month was the best September ever for the state casino industry.Casino September GGRMGM Northfield Park .9MHollywood Columbus .3MHollywood Toledo .9MJACK Cleveland .1MEldorado Scioto Downs MHard Rock Cincinnati .6MJACK Thistledown .2MMiami Valley MHollywood Mahoning MHollywood Dayton .7MBelterra Park .9MThe GGR data is provided by the Ohio Lottery Commission and Ohio Casino Control Commission, the latter which regulates the four casinos (JACK Cleveland, Hard Rock, and Hollywood Toledo/Columbus).Pandemic DemandOhio casinos were closed throughout April and May, but began welcoming back gamblers in June. morongo casino covid 19 cases live casino benefitsdoubledown casino newsSlots generated .8 million, and tables .9 million. Slots generated .8 million, and tables .9 million. As such, it is intimately correlated to headlines involving the coronavirus pandemic. (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. They join a growing list of gaming companies heading to capital markets to raise cash. lake tahoe casino suites seminole casino login |