7662 stories by Devin O'Connor
Caesars Entertainment Investing $400M in Atlantic City Casinos Revitalization Attempt
Caesars Entertainment is required to invest at least $400 million into its three Atlantic City casinos over the next three years, according to a mandate from the New Jersey Casino Control Commission (CCC) that is designed to revitalize the beachfront gaming town....
Brooks Koepka Oddsmakers Top Liability at PGA Championship
Brooks Koepka is oddsmakers' largest liability on this week's PGA Championship. The two-time defending champ is commanding the lion's share of the money wagered and number of bets placed. This year has been unlike any other, as the coronavirus pandemic has disrupted...
UK Gaming Industry Rebuffs Calls for Online Gamblers to Prove They Can Afford Losses
The gaming industry in the United Kingdom is rejecting calls from a British public policy group that wants online gamblers to prove they can afford their losses. The Social Market Foundation, one of the most respected public policy think tanks in Britain,...
Virgin Atlantic Files for Bankruptcy, Parent Company Behind Las Vegas Casino Hotel
Virgin Atlantic, the airline founded by British billionaire Richard Branson, has filed for bankruptcy protection in the United States amid the coronavirus pandemic. Executives say the move is part of a court process to restructure the company's finances, and has the support...
Man Charged for Allegedly Selling Fentanyl Inside St. Charles Casino, One Dead Following Overdose
A 43-year-old man has been charged with allegedly selling fentanyl inside a St. Charles, Missouri, casino. The drugs may have led to one man's death. The US Attorney's Office for the Eastern District of Missouri says Ledra A. Craig of Wright City,...
Casino Billionaire Tilman Fertitta Says Gaming Industry Recovery Could Take Years
Tilman Fertitta, the Texas billionaire owner of Golden Nugget casinos across the US, the Landry's hospitality empire, and the NBA Houston Rockets, says governors and mayors are being selfish in restricting business operations and are not being directly impacted by COVID-19. The...
Melco Resorts Announces Second $500M Senior Note Offering, Casino Giant Raising $1B in Capital
Melco Resorts, one of the six licensed casino operators in Macau, has unveiled its intentions to raise an additional $500 million through the issuance of senior notes. In a press release and filings made with the US Securities and Exchange Commission, the...
No Dice for Atlantic City Casino Relief, as Legislation Fails to Garner Support
Legislation to help Atlantic City casinos recover from the financial impact caused by COVID-19 has paused in the Trenton capital. But lawmakers say relief for the state's gaming industry could come at a later date. Atlantic City's nine casinos were forced to...
Las Vegas Raiders Inaugural Season To Be Without Fans, Further Bad News for Casinos
The Las Vegas Raiders will play their inaugural season in a rather empty $1.9 billion home. The franchise's new 65,000-seat domed stadium will be without fans when the NFL kicks off next month. The Raiders organization announced the disappointing news Monday afternoon....
Former Arkansas Judge to Mediate Casino Campaign Fight, Committee Says Signatures Valid
A former Arkansas judge is coming out of retirement to intervene in a legal scuffle that involves the state and a campaign seeking to expand casino gambling. Arkansas Wins in 2020 -- a group trying to place a ballot referendum question before...
