5118 stories by Devin O'Connor
Maryland Sports Betting Bill Passes General Assembly at Session Deadline
Maryland sports betting could become operational as early as this fall. That's after state lawmakers finally came to terms on how to regulate the expanded gambling. With just hours before the General Assembly was set to adjourn, the Maryland Senate made sweeping...
IMF Expresses Money Laundering Concerns for Philippines Casinos
The International Monetary Fund (IMF) says casinos in the Philippines remain susceptible to be used to launder money. In the IMF's Financial System Stability Assessment of the country, the international financial institution concludes that the Philippines government and its ever-expanding gaming industry...
Macau Begins Issuing Wealth Partaking Payments Early in Effort to Mitigate COVID-19 Impact
The Macau government is issuing its annual revenue sharing payments to citizens and part-time residents early in an effort to alleviate financial impacts caused by COVID-19. Typically distributed in July, officials in the Chinese Special Administrative Region say automatic bank transfers began...
Ocean Casino Resort is Atlantic City’s Top Operating Performer in Most Difficult 2020
Ocean Casino Resort fared better than the eight other casinos in Atlantic City during the pandemic-stricken 2020 year. Financial statistics released by the New Jersey Division of Gaming Enforcement (DGE) reveal that Ocean managed to turn in a nearly $21.9 million gross...
Hideki Matsuyama Masters Win a Major Victory for Oddsmakers
Hideki Matsuyama is the 2021 Masters winner. He is the first Japanese man to win one of golf's four majors, and his historic victory at Augusta National was also a major victory for US oddsmakers. Dating back to his first appearance in...
New UNLV Medical School Named After Las Vegas Casino Pioneer Kirk Kerkorian
The University of Nevada, Las Vegas -- more commonly known as UNLV -- announced plans today regarding a new medical school facility that will be named after the late Las Vegas visionary Kirk Kerkorian. The state university says construction will begin in...
Melco Resorts Awards Billionaire Founder and CEO Lawrence Ho $10M Bonus
Melco Resorts, a Hong Kong-based casino operator with properties in Macau, Philippines, and Cyprus, has awarded its founder, Chairman and CEO Lawrence Ho, with restricted stock compensation valued at approximately $10 million. Melco said in securities filings that it's issuing the stock...
Florida Racino Measures Seek to End Jai Alai and Racing Requirements
A powerful Florida lawmaker is trying a last-minute effort to allow racinos throughout the state to be free of their current live horse racing or jai alai requirement. Three pieces of legislation are set to be considered next week by the Senate...
Fonner Park Selects Development Firm to Build $100M Casino Resort
Fonner Park in Nebraska has selected a development firm headquartered in Iowa to transform the storied racetrack into a $100 million casino resort. Last November, voters in Nebraska passed three ballot initiatives to authorize casino gambling at the state's six licensed...
Alabama Lottery Efforts Ongoing in Divided State Senate, Sponsor Says Votes Lacking
Alabama is one of only four states without a lottery or commercial casino. Efforts have been made in the Montgomery capital for more than two decades to change that, but to no success. With casinos and sports betting continuing to expand across...
