Evoke blames tax rises for 270 shop closures as revenue falls 7%
Evoke linked about 270 shop closures to higher taxation while urging no further tax rises.
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Evoke linked about 270 shop closures to higher taxation while urging no further tax rises.
The request concerns tax rates affecting betting shops and other businesses with category B machines.
The proposals could expose sweepstakes operators in both states to fines or felony penalties if enacted.
The financing supports Bally’s planning and pre-construction, while additional capital remains necessary for the proposed resort.
Emerald Queen Casino’s new marketing chief brings almost 20 years of gaming experience and previous marketing leadership at Bally’s Chicago.
Operators and investors can see Rhode Island’s rising table revenue failed to offset falling slot revenue in August.
WhiteHawk Capital Partners’ $560m financing provides capital to advance Bally’s planned $4bn Bronx casino resort.
Bally’s debt and liquidity pressure, going-concern warning and Chicago casino financing challenges matter to investors assessing its financial position.
Bally’s paid its annual Chicago contribution despite alleging the city failed to meet Host Community Agreement obligations.
Polymarket gains its first chief financial officer while Bally's loses its chief financial officer, shifting financial leadership.
Bally’s must seek financing alternatives and address Chicago’s demands for the full development as its chief financial officer prepares to leave.
Bally’s finance leadership changes amid Chicago casino project delays, a dispute with city officials and liquidity concerns.
LiSense gives subscribers daily checks of over 300,000 UKGC register data points and alerts to licence changes.
Bally’s Rhode Island revenue increased as slot growth outweighed declining table game revenue.
MGM Excavating’s liens seek more than $3.8m for allegedly unpaid work, including sums for two subcontractors.
The revised proposal removes the casino component from Bally’s planned redevelopment of the former Tropicana site.
Bally’s identified debt covenant liquidity risks and questioned its ability to continue operating despite revenue growth.
A potential project rights sale supports Bally’s search for capital while it carries approximately $4.5bn in debt.
Bally’s expects additional financing needs to meet liquidity and leverage requirements, with disposals, equity and borrowing under consideration.
Bally's reiterated its early 2027 Chicago opening target while not addressing the reported construction slowdown.
Regulators and investors should note that 28 alderpersons pressing Bally's to resume full construction challenges the paused components.
Slower construction affects key parts of the Chicago development while the core casino is still expected in 2027.
Bally's expanded into Alberta through launches of Bally Bet and Monopoly Casino, confirmed operating in the province.
Bally's completed its purchase of Sam's Town Shreveport from Boyd Gaming, expanding its regional casino portfolio with a Louisiana gaming and hospitality property.
Completing the steel structure moves the project toward interiors and finishing before opening.