7892 stories by Devin O'Connor
Melco Resorts Stock Rebounds, Investors Optimistic Despite Q2 Net Loss
Melco Resorts shares surged more than 10 percent today. The investor enthusiasm comes less than 24 hours after the Macau integrated casino resort operator reported a net loss of $185.7 million in the second quarter. Melco's US shares are traded on the...
Grand Lisboa Palace $5B Casino Opening July 30, Cotai Debut for SJM Resorts
Grand Lisboa Palace on Macau's Cotai Strip is set to welcome its first casino gamblers on Friday, July 30. Daisy Ho, chairwoman of SJM Holdings, recently announced the planned opening to GGRAsia. Daisy Ho revealed that the integrated resort has been granted...
Failed Biloxi Casino Project Land Worth $28M Donated To Charity
A Biloxi real estate developer has decided to donate some 30 acres of land he intended to build a casino on to a local charity. Chris Ferrara is one of the largest landowners in the Mississippi Gulf Coast town. The Sun Herald...
Un-Vaxxed MGM Resorts Las Vegas Workers to Pay for COVID-19 Tests
MGM Resorts has informed unvaccinated employees in Las Vegas that they need to either pay the company for ongoing COVID-19 testing or procure their own tests. Media reports surfaced today that Nevada's largest employer and operator of the most Las Vegas...
Simone Biles Olympics Team Event Withdrawal All-Around Loss for Bettors
Simone Biles is once again the biggest news story of the Summer Olympics. But unlike in 2016, when she won four gold medals in Rio, she's in the news in 2021 for her shocking withdrawal from the women's artistic team all-around competition....
Belgium Slashing Weekly Online Casino Deposit Limit by 60 Percent
Belgium online casino players could soon face a more stringent cap on how much they can deposit each week to their iGaming account. Belgium's Council of Ministers recently signed off on a Royal Decree that would cut the weekly deposit limit for...
Singapore Targeting September for Opening Border to International Travelers
Singapore remains relatively closed to the rest of the world because of ongoing COVID-19 concerns. And that is greatly damaging the nation's two integrated casino resorts -- Marina Bay Sands and Resorts World Sentosa -- and inhibiting their pandemic recoveries. Currently, entry...
Ex-Star Sydney Casino Baccarat Dealer Guilty in $345K Betting Scam
A former baccarat dealer at The Star Sydney in New South Wales has been sentenced for cheating the casino out of nearly AU$500,000 (US$345,000). Prosecutors brought charges against Hieu Duc Lam, now 36, in September of 2020. Surveillance video captured Lam the...
Ex-Crown Director Claims Casino Inquiry Chair Forced Resignation
An attorney representing Former Crown Resorts director John Poynton testified today before a royal commission in Western Australia. He said that his client was unjustly pressured to resign from the Aussie casino business. The Perth Casino Royal Commission resumed hearings this week....
Macau COVID-19 Outbreak Looming, Enclave Health Officials Worry
Macau health officials are voicing concerns that a surge in new COVID-19 cases could be on the horizon because of an outbreak in neighboring Guangdong. The city of Zhongshan directly borders Macau, one of two Special Administrative Regions (SAR) in China. Home...
