7892 stories by Devin O'Connor
Larry Ellison Keeps Buying Lake Tahoe Property, Latest Acquisition Hyatt Regency
Oracle billionaire founder Larry Ellison continues to purchase Lake Tahoe resorts. The Oracle founder's latest purchase is the Hyatt Regency Lake Tahoe. The man worth an estimated $125 billion recently acquired the Lake Tahoe non-gaming resort for $345 million from Hyatt Hotels...
Michigan Online Casinos Set Monthly Revenue Record, Win $102M in September
Michigan online gaming revenue totaled $102.4 million in September, the state's all-time highest monthly haul. The first legal bet was wagered online in Michigan in January. Gross gaming revenue (GGR) from online casino sites last month won more money from players than...
Little Caesars Pizza Empire Acquiring Half of Ocean Casino Resort in Atlantic City
Ilitch Holdings, the parent company of Little Caesars, is the newest owner in the Atlantic City gaming industry. Yesterday, the New Jersey Casino Control Commission (CCC) approved Ilitch Holdings acquiring up to 50 percent ownership in Ocean Casino Resort. Ilitch and Ocean...
Crown Resorts Suitability Determination for Melbourne Casino Hours Away
Crown Resorts is expected to learn Friday, Oct. 15 whether its gaming license, needed to operate its Victoria, Australia casino, will be revoked. Crown Melbourne opened nearly a quarter-century ago in May of 1997. The Southbank casino, one of the world's largest,...
MGM Northfield Park Agrees to $15M Settlement with Local School District
MGM Northfield Park and Nordonia Hills City School District in Ohio have reached a property tax settlement. The agreement will result in the public education system receiving more than $15 million over six years from the casino giant. Ohio has a unique...
Macau Gaming Bureau Cancels Yet Another Public Consultation, Owing to Typhoon
Macau's effort to understand where the public stands on the region's gaming industry certainly hasn't gone according to plan. The six licensed commercial casino operators in the Chinese enclave are set to see their operating rights expire next June. Macau's Gaming Inspection...
DraftKings and Turner Sports Partner for NHL Broadcast Coverage
The NHL announced today that DraftKings is the latest sportsbook and daily fantasy sports operator to be deemed an official partner of the professional hockey league. DraftKings joins several other sportsbook firms, including FanDuel, Caesars, Bally's, and PointsBet, to receive the distinction...
Las Vegas Benefiting From United States Borders Reopening to Leisure Travelers
Las Vegas casinos are on a winning streak, as the country's most critical gaming market continues to slowly emerge from the darkest days of the pandemic. More business is soon expected, as the United States welcomes back leisure foreigners from Mexico and...
Detroit Casino Gaming Revenue Nearly Back to Pre-Pandemic Level
The three Detroit casinos combined to win $110.4 million from gamblers in September. That number nearly matches the market's pre-COVID-19 business levels. The Michigan Gaming Control Board (MGCB) reports that gross gaming revenue (GGR) from MGM Grand Detroit, MotorCity, and Greektown in...
Former Riviera Land on Las Vegas Strip Sold to Chilean Gaming Czar
Part of the land where the Riviera stood for 60 years on the Las Vegas Strip will soon have a new owner. And he is no stranger to the casino business. The Las Vegas Convention and Visitors Authority (LVCVA) agreed today to...
