Macau Casino Revenue Falls 8.4% Year-on-Year to $2.51 Billion in July
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.
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.
MGM Resorts posted Q2 2026 revenue of $4.5 billion, up 1% year-over-year, as record Las Vegas Strip and regional same-store results offset flat Macau numbers and rising MGM Digital losses.
Clark County commissioners unanimously approved a 752-room heart-shaped hotel-casino resort on the long-abandoned SkyVue site across from Mandalay Bay.
Nevada Gaming Commission members grilled MGM’s legal counsel over Barry Diller’s $18 billion People Inc. bid, pressing for details on board dynamics, jobs, and the company’s Osaka and Macau operations.
Media mogul Barry Diller’s People Inc. has submitted an $18 billion proposal to acquire the remaining shares of MGM Resorts it does not already own, setting off a wave of M&A speculation across the casino industry.
With Fertitta Entertainment acquiring Caesars for $17.6 billion and Barry Diller bidding $18 billion for MGM Resorts, Wall Street analysts say the gaming sector is ripe for a broader wave of M&A, and they have a list of potential next…
Nevada’s new anti-money laundering regulations took effect this spring following $32 million in fines levied against four Strip casinos, and compliance officers are now warning of real revenue consequences as business-entity funding restrictions kick in.
MGM Resorts posted record Q1 2026 revenues of $4.5 billion as the Las Vegas Strip grew for the first time since Q3 2024 and BetMGM stayed profitable on its path to $500M EBITDA by 2027.