A press headline reports opposition to a historical horse racing proposal in Massachusetts. It names PENN, Wynn and MGM, but provides no details of their positions.
The reported opposition may affect consideration of historical horse racing in Massachusetts.
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US horse racing stakes fell 6% in August compared with the same month a year earlier, citing Equibase. Total wagering reached $1.13bn.
Jefferies analyst David Katz said casino investors should focus on operating efficiency, highlighting earnings per room at Las Vegas Strip operators. Wynn Resorts is expected to generate $180,000 in room-level EBITDA this year, compared with estimated figures of $83,000 for Caesars Entertainment and $77,000 for MGM Resorts International.
Reportedly, the chief executives of Wynn Resorts, MGM Resorts International and Caesars Entertainment reaffirmed Las Vegas's central role in US gambling at G2E on Tuesday. The speakers included Wynn Resorts chief executive Craig Billings, MGM Resorts International chief executive Bill Hornbuckle and Caesars Entertainment chief executive Tom Reeg.
An MGM takeover bid collapsed while a $17.6bn Caesars deal progressed. The outlet also reported investor reactions to DraftKings’ prediction-market strategy and CFTC consideration of margin trading.
Nevada casinos recorded $1,282,542,554 in gaming win in September 2026, according to figures released by the Nevada Gaming Control Board. The total was down 0.05% year on year, while Las Vegas Strip revenue rose 0.82% to $693.5m.