5349 stories by Casino.org Staff Writer
MGM REIT Pushes to Take Over Caesars Real Estate Trust, Would Create Major Player Among Publicly Traded REITs
For monster casino operators like MGM Resorts and Caesars Entertainment, subsidiaries like REITs are just part of the game. But keeping track of who owns what and understanding what they can do with those branches is about as tricky and complex as...
Gamblers, Oddsmakers Let Out Collective Groan After Vikings Miraculous Victory
Football fans might have cheered at the ending of Sunday’s Minnesota-New Orleans NFC Divisional playoff game, but the outcome elicited a chorus of boos from gamblers and oddsmakers. Most of the bettors who were holding winning tickets with 10 seconds remaining watched...
Hard Rock Atlantic City Looks to Rehire Former Trump Taj Mahal Workers
Hard Rock Atlantic City is making good on its promise to revitalize the local region by encouraging former Trump Taj Mahal workers who were laid off by billionaire Carl Icahn's closing of the Boardwalk casino resort in October of 2016 to apply...
Macau Gambler Traffic No Longer from Just Beijing and Shanghai, as ‘Lower-Tier’ Chinese Citizens Become More Mobile
The Macau casino industry has largely depended on the citizens of China for its main revenue stream. But most of those visitors have also come from a select few parts of the country, or what are termed the "tier-one" cities of Shanghai...
Moody’s Gives Upstate New York Casino Del Lago Credit Rating Cut, Warns of Debt Default Possibilities
The del Lago Resort & Casino in Upstate New York has struggled over its first 11 months in operation to come anywhere close to its projected revenues. Now faced with the reality that its gross gaming intake is going to come in...
Net Income at Major Las Vegas Strip Casinos Soars 191 Percent in Latest Fiscal Year
Las Vegas Strip casinos that grossed at least $1 million in annual gaming revenue are coming off a very prosperous 12-month run. That's according to the 2017 Nevada Gaming Abstract, released late last week, which shows that net incomes surged 191.4 percent...
Atlantic City Courting Sporting Events in Anticipation of Operating Sports Books
With the possibility of sports betting becoming legalized in New Jersey Atlantic City is wasting no time luring professional events to the boardwalk. The Casino Reinvestment Development Authority announced last Friday that The Professional Bull Riders tour, Division I men’s college basketball...
New England Patriots Large Favorite in AFC Championship, Minnesota Picked to Beat Philadelphia
New England opened as a 9-point pick to defeat the Jacksonville Jaguars in the AFC Championship, while Minnesota is a 3 ½-point selection to defeat Philadelphia in the NFC Championship. Both the Patriots and the Vikings are the top picks in their...
New Jersey Congressional Delegation Urges DOJ Not to Reverse Previously Reversed Wire Act Opinion
Members of the New Jersey congressional delegation, including Democratic Senators Bob Menendez and Cory Booker, are calling on Deputy Attorney General Rod Rosenstein and the Department of Justice (DOJ) to uphold a 2011 opinion on the Wire Act that will allow their...
William Hill Considers Offloading Australian Business
William Hill is prepared to quit the Australian market in the face of regulatory pressures, the company said on Monday. Recently enacted gambling laws in the country have already seen the prohibition of credit lines and in-play betting and, with state-by-state point-of-consumption...
