Areas of Expertise
7776 stories by Devin O'Connor
Fitch Forecasts Quicker Recovery for Regional Casino Markets Than Las Vegas, Singapore
Fitch Ratings expects casino markets that rely on local visitation to recover quicker from the COVID-19 pandemic than tourism-reliant regions such as Las Vegas and Singapore. In a note issued this week by Alex Bumazhny, the Fitch gaming analyst believes destination gaming...
Atlantic City Casinos Cut More Jobs, Gaming Industry Employment Down 17 Percent
Atlantic City casinos continue to scale down their workforces, as their properties remain operating in reduced capacities and with limited services. The New Jersey Division of Gaming Enforcement (DGE) reports in its October employment summary that the nine casinos collectively employed 22,220...
Steph Curry and Peyton Manning Favored Against Phil Mickelson and Charles Barkley in Charity Golf Match
NBA superstar Steph Curry and future NFL Hall of Fame inductee Peyton Manning are the favorites in "The Match" charity golf event. Their opponents are five-time golf major winner Phil Mickelson and Basketball Hall of Fame member Charles Barkley. Sportsbooks have Curry...
Nevada Gaming Regulators Mulling Appeal of Steve Wynn Court Ruling
The Nevada Gaming Control Board (NGCB) will consider whether to appeal a recent court ruling that found the state agency no longer has any jurisdiction over Steve Wynn. Last week, Clark County District Court Judge Adriana Escobar ruled that the NGCB and...
Former MGM Resorts CEO Jim Murren Named to Cirque du Soleil Board After Company Sold
Cirque du Soleil is no longer in bankruptcy after creditors moved to take ownership of the Canada-headquartered circus operator. And with the takeover comes two new board members, one being former MGM Resorts CEO Jim Murren. A group of lenders, led by...
Philippines Casinos Helping Build Typhoon Shelters, as Q3 Gaming Revenue Rebounds
Casinos in the Philippines play a vital role in providing tax revenue for the Southeast Asian country. Soon, some of that gaming money will go towards protecting residents from the next devastating typhoon. The Philippines Amusement and Gaming Corporation (PAGCOR) announced this...
Las Vegas Convention and Visitors Authority Moves Towards Monorail Ownership
A bankruptcy court judge has signed off on the Las Vegas Convention and Visitors Authority (LVCVA) taking ownership of the Strip's monorail system. US Bankruptcy Court Judge Natalie Cox this week approved of the government agency buying the bankrupt Las Vegas Monorail...
Casino Stocks Soar on Vaccine News, Dow and S&P Close at Record Highs
Casino stocks traded in the United States went along for the Wall Street ride today, as both the Dow Jones Industrial Average (DJIA) and S&P 500 closed at record highs. Vaccine optimism rallied US equity markets, as the Centers for Disease Control...
Washington Man Identified, Charged in Murder of Girlfriend at Tulalip Resort Casino
A 35-year-old Washington man has been charged with domestic violence murder in the second degree for the October death of a 33-year-year woman outside the Tulalip Resort Casino. Prosecutors say Nomeneta Tauave got into a fight with his girlfriend Hana Letoi on...
Joe Biden Filling Cabinet, Oddsmakers Offer Lines on Sens. Warren, Klobuchar Grabbing Spots
Joe Biden is beginning to reveal his nominations for his cabinet. Political bettors are placing their wagers as to who they think will be announced next. There are 21 cabinet positions, plus presumptive Vice President Kamala Harris. Other than Harris, all will...