7893 stories by Devin O'Connor
Sen. Kamala Harris VP Odds Shorten, Joe Biden to Announce Candidate
Sen. Kamala Harris (D-CA) is the betting favorite to be named Joe Biden's running mate for the 2020 presidential election. Online political betting exchange PredictIt gives Harris a 59 percent chance of being tapped by the 77-year-old presumptive Democratic nominee. Susan Rice,...
Detroit Casinos Reopening August 5, But At Only 15 Percent Capacity
Detroit casinos are permitted to reopen beginning August 5, but Michigan Governor Gretchen Whitmer (D) is severely limiting their operations. MGM Grand Detroit, MotorCity Casino Hotel, and Greektown Casino-Hotel have been closed since March 16. MotorCity and Greektown have both announced their...
Nevada Casinos Win Nearly $567M in June, First Month Back in Business
Nevada casinos won just shy of $567 million last month, the first month the gaming venues were permitted to reopen following their closures because of COVID-19. Gross gaming revenue (GGR) totaled $566.8 million, which is a year-over-year drop of 45.6 percent. The...
Arkansas Racing Commission Chair Recuses Himself From Casino Fiasco
Arkansas Racing Commission (ARC) Chair Alex Lieblong has recused himself from the process to award the state's final remaining commercial casino license, earmarked for Pope County. In late June, text messages were revealed between Lieblong and an attorney representing the interests of...
Standard General Hedge Fund Owner Bullish on Casinos Amid Coronavirus Pandemic
The coronavirus pandemic has sickened the global gaming industry. But Standard General hedge fund founder Soo Kim says the economic environment has presented numerous buying opportunities for his casino investment unit. Standard General controls a 38 percent stake in Twin River Worldwide...
DraftKings Named Official Betting Operator of PGA Tour, Golf Sportsbook’s Fourth-Most Popular Sport
DraftKings has been named the first "Official Betting Partner" of the PGA Tour. The deal gives the sportsbook rights to use PGA Tour trademarks, opportunities to advertise within the tour, and content and video distribution privileges. DraftKings became the PGA Tour's first...
Icahn Enterprises CEO Keith Cozza Departs Caesars Entertainment Board
Icahn Enterprises CEO Keith Cozza has resigned from the Caesars Entertainment Board of Directors less than a week after the company completed its $17.3 billion merger with Eldorado Resorts. Cozza has led Icahn Enterprises -- the investment conglomerate of billionaire Carl Icahn...
Odds for Mike Tyson vs. Roy Jones Jr. Vary Greatly Depending on Sportsbook
Mike Tyson, 54, is making his return to the boxing ring for his first fight in more than 15 years, and that has oddsmakers struggling to determine a consensus line. Tyson's opponent is 51-year-old Roy Jones Jr., who last fought in 2018....
Sports Betting Included in Massachusetts Economic Development Package
A Massachusetts economic development package designed to reignite Bay State businesses and fuel new jobs would also legalize sports betting. H.4879, "An Act Enabling Partnerships for Growth," a massive 118-page omnibus package, is a more than $370 million spending bill that would...
Bill to Remove Federal Sports Betting Taxes Introduced, Gaming Industry Applauds
A federal sports betting bill has been introduced in Congress that seeks to repeal the 0.25 percent tax the United States government collects on most legal bets wagered. US Reps. Dina Titus (D-Nev.) and Guy Reschenthaler (R-Pa.), co-chairs of the Congressional Gaming...
