8021 stories by Devin O'Connor
Bally’s Credit Downgrades Won’t Keep Company From Pursuing Petersburg Casino
Rhode Island-based Bally's Corporation suffered its third credit rating downgrade this week when Fitch Ratings on Monday lowered its outlook on the casino company from "B+" to "B." The noninvestment grade implies Bally's has a "negative" outlook because of its murky financial...
Led by Caitlin Clark, Iowa-LSU Elite Eight Showdown a Slam Dunk for Sportsbooks
Caitlin Clark put on a show Monday night as No. 1 Iowa took down No. 4 LSU in the Elite Eight in a rematch of last year's National Championship game. Clark wouldn't be defeated by the Tigers for a second consecutive year....
UNC Hoops Star Armando Bacot Says Bettors Levied Threats on Social Media
Armando Bacot, one of the most recognizable faces in college basketball, says he faced a myriad of threats via social media this year. The abuse, Bacot says, extended to this year's NCAA March Madness tournament. Bacot's University of North Carolina Tar Heels,...
Illinois Lawmaker Wants to Legalize Video Gaming Machines in Chicago
Legislation introduced to the Illinois House of Representatives by state Rep. Kam Buckner (D-Chicago) would allow small businesses in Chicago to seek a video gaming terminal (VGT) license regardless of whether they currently offer illegal sweepstakes machines. House Bill 5791 would amend...
Treasure Island Las Vegas COVID-19 Insurance Lawsuit Heading to Trial
Treasure Island Las Vegas is heading to trial in its quest to receive compensation from its primary property insurer for business losses incurred during the COVID-19 pandemic. On March 29, a federal judge in Nevada's District Court ordered that the lawsuit brought...
Powerball Jackpot Reaches $1B a Week After Mega Millions Hits for $1.13B
The Powerball jackpot for Monday night's drawing is an estimated $1 billion, the game's fifth-richest prize of all time. The one-time cash option is roughly $483.8 million. Both prizes are before federal and, possibly, state taxes. Less than a week after a...
Hard Rock Northern Indiana Donates $3M to Downtown Gary Revitalization
Hard Rock Casino Northern Indiana has made a $3 million donation to the City of Gary to help revitalize the downtown area. Gary Mayor Eddie Melton and Matt Schuffert, president of the Hard Rock casino, announced the $3 million gift. The funds...
Macau Casino Win Tops Expectations, Gaming Revenue Climbs to $2.42B
The Macau Gaming Inspection and Coordination Bureau reported Monday that the enclave's casinos won MOP19.5 billion (US$2.42 billion) from gamblers in March. March 2024 marked a more than 53% year-over-year boost and was 5.5% better than February when the city hosted many...
Saipan Casino Auction Includes Rolls-Royce Cars, Swarovski Crystal Dragons
An auction of assets owned by the bankrupt and shuttered Imperial Pacific Resort Hotel in Saipan is underway, and there are currently some deals for the taking. Imperial Pacific International (IPI) remains in a legal dispute to part the capital of the...
Winning Sports Bettors Being Limited Comes Into Focus in Massachusetts
Sports bettors who win more than they should in the eyes of oddsmakers are often limited or even banned from continuing to wager. It's a practice that most legal sports betting states permit, but gaming regulators in Massachusetts are weighing whether to...
