7955 stories by Devin O'Connor
PredictIt Presidential Betting Market Hits Record 115M Trades, Biden Extends Lead
Online betting exchange PredictIt says more than 115 million shares have been traded on the 2020 presidential election outcome, an all-time record for the site. The news follows Betfair, a political betting exchange based in London, reporting that over $260 million has...
Italian Police Arrest 12 People Allegedly Involved in Lottery Fraud, Claim $28M Stolen
Police in Italy allege that four employees of Lottomatica Holding devised a scheme to enrich themselves and their families by rigging the lottery in their favor. Lottomatica Holding is a subsidiary of International Game Technology (IGT). The Guardia di Finanza, Italy's law...
Japan Prime Minister Suga Reaffirms Commitment to Integrated Resort Casinos
Japan Prime Minister Yoshihide Suga says despite setbacks caused by the COVID-19 pandemic, the country will continue pursuing integrated resort (IR) casinos. Suga has long been a loyal Abe confidant. He plans to remain steadfast in pushing his former leader's economic positions....
Casino Giants Express Interest in Chicago Integrated Resort Project
Chicago Mayor Lori Lightfoot (D) sent out a request for information (RFI) in early September for her city's casino integrated resort. Several of the country's largest gaming companies heeded the call. MGM Resorts, Wynn Resorts, Hard Rock International, and Chicago-based Rush Street...
2020 Presidential Election Setting Betting Records, $1B in Wagers Possible
The November 3 presidential election between President Donald Trump and former VP Joe Biden is officially the largest single betting event in the history of London betting exchange Betfair. The world's largest betting exchange, which allows gamblers to buy (back) and sell...
Japan Opposition Leader Urges Public to Resist Integrated Resort Casinos
Japan Councilor Renho Saito, often simply referred to as just Renho, is calling on the public to oppose the legalization of commercial gambling. A former leader of the opposition party in Japan's National Diet, the powerful lawmaker says the central government should...
Michael Bloomberg Gives Joe Biden Campaign $115M, Odds Focus on Battleground States
Billionaire Michael Bloomberg is funding Joe Biden's final 2020 campaign push to oust President Donald Trump from the White House. Bloomberg spent more than $500 million on his own short-lived 2020 presidential campaign. Worth an estimated $55 billion, Bloomberg is once again...
Philippines Regulators Consider Allowing Manila Casinos to Operate Online Gaming
The Philippines Amusement and Gaming Corporation (PAGCOR) is reviewing a proposal to allow land-based casinos to operate online gaming websites. PAGCOR is the state-run gaming regulator that also owns and operates its own casinos under the Casino Filipino brand. It confirmed to...
Nevada Gov. Steve Sisolak Says Las Vegas Future No ‘Matter of Luck,’ Touts Personal Responsibility
Nevada Governor Steve Sisolak (D) knows Las Vegas desperately needs conventions as soon as safely possible. But the first-term governor said this week that allowing large-scale meetings to resume isn't entirely within his control. Speaking during a press conference Monday in Carson...
Borgata Cuts Four Out of 10 Jobs, Atlantic City Casino Employment Down 17.5 Percent
Borgata Atlantic City employed 2,359 fewer people in September of 2020 than the MGM Resorts casino property did in September of 2019. The New Jersey Division of Gaming Enforcement (DGE) reveals Atlantic City's largest casino employer and gross gaming revenue generator had...
