The Fire Joker has returned, his blazing grin wider than ever. Hes back in control of the reels, where classic fruits and symbols light up under his fiery touch. But this time, theres more than just mischief in the air. The heat has intensified, the stakes are higher, and this scorching slot is cranked up to a full 100.
Connect with us
The Fire Joker has returned, his blazing grin wider than ever. Hes back in control of the reels, where classic fruits and symbols light up under his fiery touch. But this time, theres more than just mischief in the air. The heat has intensified, the stakes are higher, and this scorching slot is cranked up to a full 100.

Latest News

Golden Entertainment Reports 2024 Third Quarter Results

Published

on

 

Golden Entertainment Inc. reported financial results for the third quarter ended September 30, 2024. The Company reported third quarter revenue of $161.2 million, net income of $5.2 million and Adjusted EBITDA of $34.0 million. In addition, on November 5, 2024, the Company’s Board of Directors authorized the Company’s recurring quarterly cash dividend of $0.25 per share of the Company’s outstanding common stock payable on January 7, 2025 to shareholders of record as of December 20, 2024. The Company’s Board of Directors also increased the Company’s share repurchase authorization by $100 million, creating $131.4 million of current availability under the Company’s share repurchase program.

Blake Sartini, Chairman and Chief Executive Officer of Golden, said: “In the third quarter, we have maintained our commitment to returning capital to shareholders through our regular dividend and share buyback program despite a challenging operating environment for our properties. We anticipate that business conditions will improve in the fourth quarter and, with our increased share buyback authorization currently at over $130 million, we expect to continue to use our liquidity to acquire our own shares throughout the year.”

The Company repurchased 815,116 shares of common stock in the third quarter, at an average price of $31.65 per share for a total of $25.8 million. In October, after the end of the quarter, an additional 134,613 shares were repurchased for a total of $4.2 million. Year to date, the Company has repurchased 1.94 million shares of the Company’s common stock at an average price of $30.70 per share for a total of $59.5 million.

Consolidated Results

The Company reported third quarter of 2024 revenues of $161.2 million and Adjusted EBITDA of $34.0 million, compared to revenues of $257.7 million and Adjusted EBITDA of $53.2 million for the third quarter of 2023. The declines in revenues and Adjusted EBITDA over the prior year period were primarily related to the exclusion of the results for the Company’s Rocky Gap Casino Resort and distributed gaming operations in Montana and Nevada that were sold on July 25, 2023, September 13, 2023 and January 10, 2024, respectively. The Company reported net income of $5.2 million, or $0.18 per fully diluted share, for the third quarter of 2024, compared to net income of $241.2 million, or $7.83 per fully diluted share, for the third quarter of 2023. The third quarter of 2023 results included the impact of the $305.8 million gain on the sales of the Rocky Gap Casino Resort and the Montana distributed gaming business recognized during the quarter.

Debt and Liquidity

As of September 30, 2024, the Company’s total principal amount of debt outstanding was $399.0 million, consisting primarily of $395.0 million in outstanding term loan borrowings.

As of September 30, 2024, the Company had cash and cash equivalents of $68.6 million. There continues to be no outstanding borrowings under the Company’s $240 million revolving credit facility.

Latest News

Rush Street Interactive Appoints Tech Veteran Shubham Tyagi as Chief Technology Officer

Published

on

Rush Street Interactive, a leading online casino and sports betting company in the US and the rest of the Americas, announced the appointment of Shubham Tyagi as Chief Technology Officer (CTO).

Shubham brings over two decades of experience leading complex, large-scale global technology organizations across media, entertainment, sports, and retail. He joins RSI’s senior leadership team reporting directly to Richard Schwartz, Chief Executive Officer.

“As RSI continues to innovate and strengthen our technology capabilities, we sought a leader with exceptional technical depth, global experience, and a people-first leadership style. Shubham stood out not only for his experience and expertise, but also for his ability to build trust, drive alignment, and scale platforms that serve millions of customers around the world. We’re thrilled to welcome him to RSI,” said Schwartz.

Before joining RSI, Shubham served as Chief Technology Officer (SVP) for Warner Bros, Discovery (WBD) – Sports, where he transformed WBD’s global sports digital portfolio including Bleacher Report, NBA Digital, NCAA March Madness Live, TNT Sports (Latin America & Europe), Eurosport and the Olympics. He led global engineering and operations teams across 20+ platforms, developed direct-to-consumer experiences for audiences in the US, Latin America, and Europe, and played a central role in the Emmy-winning delivery of the NBA season during the COVID-19 lockdown.

Earlier in his career, Shubham held senior engineering roles at Macy’s, Turner Broadcasting, and XO Communications, where he led cloud adoption, platform transformations, and established high-availability live streaming systems for millions of users.

“I’m honored to join RSI at such an exciting time in its growth. The company’s commitment to innovation, integrity, and creating best-in-class player-first experiences deeply resonates with my own leadership philosophy. I look forward to collaborating with the exceptional RSI team to develop advanced and flexible technical solutions that deliver innovative player experiences and transform the future of Online Gaming,” said Shubham.

Shubham’s appointment marks another step in RSI’s commitment to investing in top-tier senior leadership. His arrival follows recent strategic hires across marketing, product, and data leadership, positioning RSI for continued growth and innovation in the online gaming space.

Continue Reading

awards

Mohegan Sun Named #1 “Best Casino for Slots” in USA TODAY 10Best Readers’ Choice Awards

Published

on

 

Renowned integrated entertainment destination, Mohegan Sun, has been recognized across multiple categories in this year’s USA TODAY 10Best Readers’ Choice Awards, including being named #1 in the inaugural “Best Casino for Slots” category. Mohegan Sun was also ranked #2 for “Best Casino Hotel,” and “Best Casino Outside of Las Vegas,” and Momentum, Mohegan Sun’s rewards program, placed #2 for “Best Players Club”.

Nominees for all categories in the USA TODAY 10Best Readers’ Choice Awards are selected by a panel of subject matter experts including editors from USA TODAY, editors from 10Best.com, and contributors across Gannett properties, before being opened to public voting. Readers then cast their votes over a four-week period on 10Best.com, which attracts more than 5 million visitors per month.

“Over the past two years, Mohegan Sun has invested $15 million in the slot floor to ensure we’re offering the newest and most exciting games across both Casino of the Sky and Casino of the Earth. Being named Best Casino Slots by the USA Today 10Best Readers’ Choice Awards is a true testament to that commitment, as well as the exceptional service delivered by our gaming team. We’re equally proud to be recognized as runner-up in three additional major casino resort categories, an achievement that reflects the passion and excellence of our more than 5000 team members at Mohegan Sun,” said Jeff Hamilton, President & General Manager of Mohegan Sun.

This year has been an abundant award season for Mohegan Sun. The resort earned accolades for its dining, with Michael Jordan’s Steak House named “Best Casino Fine Dining” and TAO Asian Bistro & Lounge winning “Best Casino Casual Dining” in the Best of Connecticut 2025 awards, while Beauty & Essex was honored by Yankee Magazine as Connecticut’s “Best Immersive Dining Experience”. On the entertainment side, the 10,000-seat Mohegan Sun Arena was voted “Best Casino Performance Venue” in the Best of Connecticut 2025 awards and was spotlighted by Yankee Magazine as one of the “10 Best Things to Do in Connecticut This Summer,” further solidifying its reputation as one of the premier entertainment destinations in the region.

The “Best Casino for Slots” honor arrives during a year in which Mohegan Sun has awarded various major jackpots, including $1,374,307 won by a lucky guest on the popular IGT game, Jumanji Next Level. A $5 bet on a Monopoly Cash Wheel game by Aristocrat Gaming also netted $412,607 for a Connecticut native visiting Mohegan Sun in early August. Mohegan Sun recently rolled out the Sky Slot Tournament Zone located near The Cabaret Theatre, featuring games like Wheel of Fortune, Hex Breaker, and Cleopatra, all of which seamlessly switch between tournament mode and regular play.

Continue Reading

Gambling in the USA

Aristocrat Interactive™ to Showcase Innovative iLottery Solutions at NASPL 2025 Annual Conference & Trade Show

Published

on

Aristocrat Interactive Secures Landmark iLottery Contract with the Michigan Lottery

 

 

Aristocrat Interactive™, the Real Money Gaming (RMG) division of Aristocrat, today announced its participation as a Level II Sponsor at the North American Association of State and Provincial Lotteries (NASPL) 2025 Annual Conference & Trade Show.

NASPL, the leading trade association representing 53 lottery organizations across North America, serves as a platform for collaboration, research, standards, and best practices that drive the future of the industry. Taking place September 8–11, 2025 at the Niagara Falls Convention Center in Ontario, Canada, the event, themed “Here to Play”, will gather lottery leaders from across North America to explore the evolving future of the industry.

Aristocrat Interactive will be showcasing its latest innovations for the iLottery sector through an interactive booth setup, one-on-one director’s dialogue sessions, a product and services showcase, and more. Attendees will get a first look at new eInstant titles, featuring fresh game mechanics and the business’s first cross-over game with its iGaming & Sports division. Aristocrat Interactive will also highlight its successful omnichannel solutions, which connect retail and online play to enhance player engagement and experience.

Building on this momentum, Aristocrat Interactive recently launched the New Hampshire Lottery’s new digital platform, signed long-term contracts with the Michigan Lottery and the Massachusetts Lottery, and secured a two-year extension with its NeoPollard Joint Venture in North Carolina—where Aristocrat Interactive provides the iLottery platform. These partnerships underscore Aristocrat Interactive’s commitment to helping lotteries deliver engaging digital experiences and sustainable growth.

“NASPL always sets the table for engaging discussions that can advance our customer-driven strategies to drive real digital growth for lotteries,” said Chris Shaban, Managing Director, iLottery at Aristocrat Interactive. “We’re looking forward to another opportunity to showcase Aristocrat Interactive as a solidified, future-ready unit with global gaming expertise.”

Attendees can connect with Aristocrat Interactive at Booth #209 and meet the team for one-on-one discussions in Room #205. Aristocrat Interactive will also hold a showcase on Wednesday, September 10 at 1:30 p.m. at its booth.

For more information about Aristocrat Interactive and its iLottery solutions, please visit  aristocratinteractive.com.

 

Advertisement
Stake - Best Online Casino & Sports Betting Platform
Continue Reading

Trending

GamingAmericas.com (part of HIPTHER) is your one-stop portal for the latest news, insights, and analyses in the gaming industry across the Americas. From legislative updates and market trends to interviews with industry leaders, we provide a comprehensive look at the dynamic landscape of both online and land-based gaming. Whether you're a stakeholder looking to stay ahead of the curve or a gaming enthusiast eager for reliable updates, GamingAmericas.com has got you covered. Follow us on social media and subscribe to our newsletter for real-time updates and exclusive content. Make informed decisions and stay ahead in the game with GamingAmericas.com.

Disclaimer: All the information provided is for educational and entertainment purposes only. Always check your local laws before participating in any gaming activities.

Copyright © 2018 – 2025, HIPTHER. All Rights Reserved.