Bally’s Corp disclosed in an SEC filing that it may breach lender covenants tied to liquidity and leverage, sending shares sharply lower against $4.51 billion in long-term debt.
Mohegan Tribal Gaming Authority posted 5.8% net revenue growth and closed its $300 million Connecticut Sun sale in a transitional third quarter.
Macau’s casinos generated $2.51 billion in gross gaming revenue in July, down 8.4% year-on-year but up from June as World Cup and typhoon disruptions began to ease.
Churchill Downs reported record Q2 revenue of $980 million, then announced plans to sell nine regional casino properties to focus on the Kentucky Derby, HRM gaming, and Twin Spires.
Billionaire Kenneth Dart’s Candle Lake has crossed the 30% ownership threshold in Evolution AB, triggering a mandatory takeover bid under Swedish law.
