7776 stories by Devin O'Connor
South Point Owner Michael Gaughan Predicts Las Vegas Return to Normalcy in 2022
South Point casino resort owner Michael Gaughan doesn't believe Las Vegas will return to its pre-COVID-19 normalcy until 2022. Gaughan says he can't imagine things being any direr for Southern Nevada. But the businessman hopes that the worst is behind the gaming...
Yokohama Mayor Fumiko Hayashi Will Respect Public Opposition to Casino Resort
Yokohama Mayor Fumiko Hayashi says she plans to respect the will of the people should they vote to oppose allowing a casino resort in the city. Yokohama is one of four Japanese cities that have publicly expressed interest in winning one of...
Greyhound Resumes Direct Bus Service From New York City to Atlantic City
After 217 days with the route shuttered, Greyhound Lines is restoring its "Lucky Streak" direct service route to and from New York City's Port Authority to Atlantic City casinos on the Boardwalk. Greyhound suspended the service from midtown Manhattan to the Boardwalk...
Brazil Senator Seeks Gambling Legalization, Casino Support Escalating
Another lawmaker in Brazil wants the country to legalize commercial gambling. When the National Congress resumes normal lawmaking procedures once COVID-19 is better contained, Senator Angelo Coronel (PSD-Bahia) says he will introduce legislation to bring the largest country in South America integrated...
Bipartisan Federal Legislation Seeking to Assist Gaming and Tourism Industries Introduced
The gaming industry has been one of the hardest-hit sectors by COVID-19, prompting two US Senators to introduce legislation this week that seeks to assist in its recovery. The Bureau of Labor Statistics groups casinos into the "amusement, gambling, and recreation" classification,...
Massachusetts Casinos Win $70M in September, Revenue Down 12 Percent
Massachusetts casinos performed well during their second full month back in operation, the three properties collectively winning $70.5 million in September. Despite being restricted to 49 percent of their total gaming positions, the casinos won 87 percent of the gross gaming revenue...
Adelsons Give President Campaign $75M, But Biden Raises $383M, Trump $248M in September
Former Vice President Joe Biden's 2020 presidential campaign raked in $383 million last month, easily topping the president's $247.8 million haul. Fundraising disclosures from the Biden campaign and Democratic National Committee revealed that $383 million was contributed to efforts backing the 77-year-old's...
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...
