4096 stories by Devin O'Connor
Massachusetts Casinos Forced to Close Overnight, Encore Boston Harbor Shutters Hotel
Beginning Friday, Nov. 6, Massachusetts' three commercial casinos will be required to close between the hours of 9:30 pm and 5:00 am. The order comes from Massachusetts Gov. Charlie Baker (R), responding to a 278 percent surge in new COVID-19 cases since...
Maryland Sports Betting on Election Day Ballot, FanDuel and DraftKings Bet on Referendum
Today, Maryland voters are deciding who should lead the United States for the next four years, but they're also voting whether they want to allow legal sports betting. Question 2, the Sports Betting Expansion Measure, asks Marylanders, "Do you approve of commercial...
Virginia Voters in Four Cities Deciding on Casino Referendums
Virginia voters in four cities are deciding on local referendums today that would authorize a commercial casino in their hometowns. Bristol, Danville, Norfolk, Portsmouth, and Richmond all qualified to hold a local ballot referendum asking constituents whether they want to use a...
Calm Before the Storm: Trump vs. Biden Odds Unchanged in Election Leadup
The 2020 betting odds on the presidential election have been relatively stable in the week leading up to the November 3 election. William Hill has former Vice President Joe Biden at 8/15, a price that implies a winning chance of 65.22 percent...
Atlantic City Casinos Plead with Gov. Murphy for Conventions, Increased Indoor Dining
Atlantic City casinos are urgently asking New Jersey Governor Phil Murphy (D) to ease restrictions on indoor conventions and dining. The nine gaming properties say it's a critical step in their recovery and keeping people employed. Murphy's COVID-19 executive orders continue to...
Las Vegas to California High-Speed Train Derails Again, Bonds Fail to Sell
The Las Vegas to Southern California high-speed train project is once again being put on hold. That's after $3.2 billion of debts to be issued through bond sales failed to attract investors. Fortress Investment Group owns Brightline Holdings. Brightline is the developer...
Macau Recovery Continues, as Gross Gaming Revenue Improves in October
Macau's gaming industry continues to show signs of life in the wake of COVID-19. But the six licensed casino operators nonetheless still have a way to go before returning to pre-virus normalcy. Gross gaming revenue (GGR) totaled 7.27 billion patacas ($910 million...
Fitch Downgrades NJ Casino Reinvestment Development Authority Bonds
Fitch Ratings has downgraded approximately $215 million worth of bonds issued by the New Jersey Casino Reinvestment Development Authority (CRDA). The credit agency lowered its CRDA rating from BBB+ to BBB. BBB ratings indicate a low default risk, but "adverse business or...
Detroit Casinos Can Soon Welcome Back Self-Excluded Individuals, as State Amends Blacklist Protocols
The three Detroit casinos can soon welcome back individuals who had previously self-excluded themselves from accessing the commercial gaming floors. The Michigan Gaming Control Board (MGCB) said that after nearly 20 years, persons who voluntarily excluded themselves from MGM Grand Detroit, MotorCity,...
Former Caesars Controlling Stakeholder Leon Black Discusses Jeffrey Epstein Relationship
Billionaire Leon Black is opening up about his relationship with the late disgraced financier Jeffrey Epstein. Black controlled Caesars Entertainment more than a decade ago through his Apollo Global Management. Apollo acquired Caesars Entertainment along with TPG Capital in 2008 for a...
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