North Carolina Gambling News

MGM Reports 13% Growth Year Over Year In Record-Setting First Quarter Of 2024

May 6, 2024 | By: T.J. McBride

MGM Resorts International announced a record-breaking first quarter during its first-quarter earnings call. It credited three things for its successful three-month stretch: MGM China, MGM’s performance in Las Vegas and its new partnership with Marriot. The newly legalized North Carolina sports betting market played a minor role in the first quarter, but that will change […]

Caesars Reveals Disappointing First-Quarter But Counts NC Online Sports Betting Launch A Success

May 6, 2024 | By: Cheryl Coward

While Caesars Entertainment successfully launched online sports betting in North Carolina last month, the company had a challenging first quarter in 2024. During an earnings call with investors, the operator reported a 1% drop in consolidated net revenues to $2.7 billion and a 10% decrease in adjusted EBITDA (earnings before interest, taxes, depreciation and amortization). […]