7579 stories by Devin O'Connor
Fitch Ratings: Las Vegas Strip Recovery Several Years Out
Fitch Ratings says the Las Vegas Strip likely will not fully recover to pre-COVID-19 revenues until sometime in 2024. In a note, analysts Alex Bumazhny, Colin Mansfield, and Connor Parks forecast that gross gaming revenue (GGR) will be down 60 percent this...
Russia’s Version of Las Vegas Strip Opening Second Casino Resort
Russia's planned version of the Las Vegas Strip will finally open its second resort, the Casino Shambhala. Operations will commence this Friday, Oct. 16. The first phase of the development -- a RUB$3.5 billion ($45 million) investment -- features a gaming floor...
Mohegan Gaming Officially Wins Greek Casino License, Athens Resort Moving Forward
Mohegan Gaming & Entertainment (MGE) has been selected by the Hellenic Gaming Commission to build an integrated resort casino in Athens, Greece. MGE, the gaming unit of the Mohegan Tribe of Connecticut, has partnered with Greek construction firm GEK TERNA. Their bid...
Caesars Entertainment Restoring Parking Fees at Las Vegas Strip Properties
Caesars Entertainment is restoring parking fees for some guests at its Las Vegas Strip resorts. The casino operator says the decision will better serve its guests. In an effort to lure back visitors, Caesars announced ahead of Las Vegas' June casino reopenings...
China Mulling Legal Action Against Foreign Casinos Targeting Mainland High Rollers
The People's Republic of China is continuing its crusade to stop international casino resorts from marketing and catering to its wealthiest citizens. The Standing Committee of the National People's Congress (NPC) is reviewing a law that would make it a crime for...
Odds Long Feds Will Provide Gaming Industry Further COVID-19 Relief
The United States government isn't expected to provide the gaming industry with further COVID-19 financial assistance and relief until after the November election. Politics are getting in the way of helping casinos and other businesses and industries, Chris Cylke, senior vice president...
Two Japanese Men Guilty of Bribing Lawmaker Receive Prison Sentences
Two Japanese men were found guilty yesterday of bribing a lawmaker in the National Diet. They were issued prison sentences. The Tokyo District Court sentenced Masahiko Konno, 49, to two years in prison, and Katsunori Nakazato, 48, to a year and 10...
Green Valley Ranch Casino Sued on Behalf of 2019 Shooting Victim, Lawsuit Claims Wrongful Death
The Green Valley Ranch Casino resort in Henderson, Nev. has been named in a lawsuit. The suit was brought by the estate of a man who was killed in the casino by security guards in 2019. Fifty-three-year-old Shannon Michael Howell walked into...
Bettors Predict Amy Coney Barrett Supreme Court Vote Before November 3 Election
Political bettors are forecasting that the US Senate will vote on Amy Coney Barrett's nomination to the Supreme Court before November 3. The Senate Judiciary Committee today began its hearings on Barrett's appointment to the country's highest court. After sitting silent through...
FanDuel, DraftKings Spend Over $2.75M on Maryland Sports Betting Campaign
FanDuel and DraftKings are spending heavily in hopes of adding Maryland to the list of states with legal sports betting. In a campaign finance summary filed last week with the Maryland State Board of Elections, the group "Vote Yes on Question 2"...
