*Blog postings do not necessarily reflect the views of Fantini Research
Aristocrat’s Flame 55 remained the top ranked premium video cabinet in March, indexing at 3.47 times zone average, according to the EILERS-FANTINI Monthly Cabinet Performance Report.

ALL’s Helix XT is also number one in the portrait segment.

Scientific Games’ TwinStar Stepper was the best performing mechanical reel, indexing at 1.33 times zone average. The TwinStar V75 cabinet improved its performance to 2.53 times.

Pennsylvania will see its first mobile sports app launch within two to three weeks and expects iGaming to go live July 15.

There are currently 10 iGaming license holders and three iGaming operators that have been approved. Several of those operators should be ready to launch that week.

There isn’t a controlled launch for mobile sports betting like for iGaming, so operators can set test launches live as soon as possible, the Gaming Control Board said.

Twin River will issue $950 million in debt to repay existing debt and return $250 million in capital to shareholders.

Keith Foley of Moody’s gave Twin River a B1 corporate family credit rating citing debt-to-EBITDA below four times and the expectations the company will continue its strong performance in Rhode Island in the face of Wynn Encore near Boston, opening in June.

He also expects TRWH to generate $80 million in cash flow.

Drew Las Vegas developer Witkoff is pushing the casino’s opening back to the second quarter of 2022 after announcing Diller Scofidio + Renfro as the design architect for the project.

The 3,780-room Drew, which will have more than 550,000 square feet of meeting and convention space, was supposed to open in late 2020.

The Drew will be unlike anything on the Strip today as it will include curated experiences from around the world, the company said.

The building originally broke ground in 2007 as the Fontainebleau, but that $2.8 billion project went bankrupt in 2009. Carl Icahn bought Fontainebleau in 2010 for $150 million and sold it to Witkoff in 2017 for $600 million.

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