5349 stories by Casino.org Staff Writer
MGM Revenues Rise But Profits Fall, Boyd Earnings Show Resurgent Locals Market
MGM Resorts intends to focus on efficiency and profitability in coming months, CEO Jim Murren told investors Thursday, during the company’s earnings call, after reporting Q2 results that showed major revenue increases, but also significant earnings decreases. MGM reported that revenue rose...
Michigan Tribal Casino in Lansing Denied by US Department of the Interior
Construction of a Michigan tribal casino in Lansing is being blocked by the US Department of the Interior (DOI), which ruled this week that the Sault Ste. Marie Tribe of the Chippewa Indians doesn't have the right to take new lands into...
Battles for Jobs Begin as NFL Training Camps Open
With the first NFL preseason game six days away, training camps are kicking into high gear and several questions need to be answered with key positions up for grabs on several teams. The amount of turmoil in regards to who will start...
Congress Contemplates Net Neutrality Rollback, Jess Bezos and Mark Zuckerberg Invited to Testify
Appointed by President Donald Trump, current Federal Communications Commission (FCC) Chairman Ajit Pai wants to roll back net neutrality regulations that were imposed under former President Barack Obama's FCC head, Tom Wheeler. That could be bad news for online gambling, as an...
Steve Wynn Triumphs in Court Decision in Kazuo Okada Dispute, Won’t Be Forced to Turn Over Documents
Steve Wynn is breathing a little easier today. A Nevada Supreme Court decision reached on Thursday means Wynn Resorts won't have to produce legal documents showing the process it took to remove former majority shareholder and ex-friend Kazuo Okada from the company's...
Sports Bettor Billy Walters Gets Five Years for Securities Fraud
Celebrated sports bettor Billy Walters was sentenced to five years in prison by a federal judge in Manhattan on Thursday, having been found guilty in April of insider trading. The 71-year-old was judged to have profited from privileged information supplied by the...
Nevada Casino Revenue Ends Fiscal Year Up Nearly Three Percent, Sportsbooks Win Big in June
Nevada casino revenue totaled $11,444,388,000 during the 2016-2017 fiscal period, a 2.9 percent increase compared to the previous year. For the 12 months from July 2016 through June 2017, casino win increased in 13 of the state's 15 studied markets. The biggest...
English Premier League Shirt Sponsorship Hits £281.8 million
English Premier League team shirt sponsorship has rocketed to all-time high. The league’s 20 teams will earn a combined £281.8 million ($368 million) from the brands that will adorn chests during the forthcoming 2017-18 season. That’s up £55 million ($72 million) on...
Online Revenues Soar for Ladbrokes Coral as Retail Profits Tumble
Just as online sales for common goods have forced many brick-and-mortar retail stores to close, it seems the more “punters” in the UK bet online, the less they bet in traditional bookmaking shops. Ladbrokes Coral’s revenue from digital operations climbed 17 percent...
Pennsylvania Senate Plans on Mystery Gambling Revenues to Help Plug Budget Hole
The Pennsylvania Senate is betting on $200 million in new gambling revenues to help balance the state budget, even though they aren't exactly sure what type of new gambling they'll allow to generate that money. Democratic Gov. Tom Wolf allowed an underfunded...
