7955 stories by Devin O'Connor
The 13 Macau Faces Insolvency After Creditor Demands $423M Payment
The 13 Macau, a $1.6 billion fiscal disaster, is inching closer towards bankruptcy after one of its leading creditors issued a demand to the resort's parent company to be immediately repaid. In securities filings with the Hong Kong Stock Exchange, South Shore...
New Jersey Police Seek Man Who Allegedly Used Atlantic City Casinos to Launder Meth Money
New Jersey State Police are asking for the public's assistance in locating an Atlantic City man who is wanted on numerous charges. Law enforcement says Jordan Ragland, 29, is on the run. The Atlantic City resident is wanted on various drug, weapon,...
MGM Resorts CEO Bill Hornbuckle Says Las Vegas ‘On Fire’
MGM Resorts CEO Bill Hornbuckle says business in Las Vegas -- the casino operator's most critical market -- is back. Speaking at the Bernstein 37th Annual Strategic Decisions Conference, Hornbuckle said he's impressed with the return of visitors to Southern Nevada. Tourism...
Clark County Again Uses Reserve Fund to Make Allegiant Stadium Bond Payment
Clark County and the Southern Nevada Tourism Infrastructure Committee once promised substantial economic benefits for the region by raising the hotel occupancy tax on casino resorts. This was done in order to help fund a $1.97 billion NFL stadium near the Strip....
Matthew McConaughey Texas Gubernatorial Odds Lengthen Following Trump Endorsement
Actor Matthew McConaughey continues to mull a gubernatorial run in his home state of Texas. The 51-year-old celebrity hasn't identified with a political party, saying instead that he's a "centric" and "meet you in the middle" kind of man. But this week's...
Rhode Island Passes New Gaming Agreement With Bally’s Corporation, IGT
The Rhode Island General Assembly has approved legislation that extends the state's gaming partnerships with the Bally's Corporation and IGT. Yesterday, the state Senate voted 28-7 in favor of carrying on with the casino operator and gaming manufacturer, and lottery operator. The...
Wakayama Selects $4.3B Casino Proposal From Lone Bidder Clairvest Group
Wakayama is moving forward with the sole applicant that is seeking to build an integrated casino resort in the Japanese city. Wakayama Governor Yoshinobu Nisaka announced today that the prefecture's government has chosen Clairvest Neem Ventures (CNV) as its integrated resort partner....
Northern Ireland Gaming Industry Set for Major Overhaul
Officials in Northern Ireland are set to drastically change the UK country's gaming industry. Communities Minister Deirdre Hargey announced last week that the nation is moving forward with updating its gaming laws and regulations. Little has changed regarding the industry since sports...
Nevada Gaming Commission Implementing Online Gaming Self-Exclusion List
The Nevada Gaming Commission has amended its regulations to require the state to establish and maintain a self-exclusion list for internet gaming sites. Earlier this month, the NGC approved changes to Regulation 5A, which covers online gambling. The commission backed requiring the...
Macau Casinos Beat Analyst Expectations, May Revenue Tops $1.3B
Macau casinos used a strong five-day Golden Week holiday in May to boost total gross gaming revenue (GGR) to more than $1.31 billion. The six licensed commercial casino operators topped May GGR expectations. The consensus among gaming analysts focused on the world's...
