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Devin O'Connor
8590 stories by Devin O'Connor
Las Vegas Strip Casinos Report $1.95B Net Loss in 2021 Fiscal Year
Las Vegas Strip casinos were dealt a bad hand with COVID-19. Numbers released this week by the state Gaming Control Board (NGCB) reveal just how severe the pandemic's impact has been. While statewide gross gaming...
Republicans Threaten Debate Boycott, Presidential Commission Headed by AGA Founder
The Republican National Committee (RNC) warned today that it's considering boycotting all debates sponsored by the Commission on Presidential Debates (CPD). In a letter addressed to Frank Fahrenkopf and Kenneth Wollack, co-chairs of the CPD,...
Richmond Casino Rejection Latest Blow to Black Community, Mayor Claims
A $565 million Richmond casino referendum was closely rejected during the November 2021 election, with more affluent neighborhoods being cited for the project's dismissal. The mayor of the Virginia capital says the outcome was yet...
Wynn Resorts COVID-19 Insurance Lawsuit to Continue After Judge Rejects Dismissal
Wynn Resorts is seeking compensation for losses incurred from operating disruptions caused by COVID-19. But its insurer is refusing to pay. The Encore and Wynn Las Vegas owner and operator brought a lawsuit last June...
Macau Casino Licenses Issued in 2022 Could Include Hengqin Island Investments
Macau casino operators are set to see their coveted gaming licenses expire in June. Industry analysts at JPMorgan believe the six companies would be smart to include non-gaming investments on nearby Hengqin Island when submitting...
Crown Resorts Expected to Accept $6.5B Blackstone Offer
Crown Resorts informed shareholders yesterday that it will consider -- and likely recommend accepting -- a new offer from private equity giant Blackstone Group. The bid to acquire the casino company's assets is for A$8.87...
Detroit Casinos Win $1.26B in 2021, Double 2020 Revenue, But Short of 2019
Detroit's three casinos won a combined $1.26 billion from their guests in 2021. This was despite COVID capacity limits during the first half of the year. MGM Grand Detroit, MotorCity, and Greektown doubled their 2020...
Las Vegas Tourism Authority Approves $40M Budget for 2024 Allegiant Stadium Super Bowl
The 2024 Las Vegas Super Bowl will cost Clark County and the city around $60 million. A substantial portion of the hosting budget -- $40 million -- was approved this week by the Las Vegas...
New York Casinos Upstate Will Close When Downstate Casinos Open, Says Expert
The moratorium on New York casinos downstate is set to expire in 2023. Some lawmakers want to proactively issue the three full-scale commercial gaming licenses earmarked for the region early as a way to increase...
Maryland Casinos Cap Off Record Revenue Year, and Sports Betting Is Only Beginning
Maryland casinos enjoyed their best year in 2021. The six commercial gaming properties hope to only improve on the record-setting performance this year, now that sports betting is officially live. Gross gaming revenue (GGR) in...
