7892 stories by Devin O'Connor
Genting Singapore Investors Receive $213M Dividend, Company Focus Turns to Japan
Genting Singapore, owner and operator of Resorts World Sentosa in the Southeast Asia city-state, is distributing a 2019 annual dividend of $213 million USD to shareholders. At the company's 35th annual general meeting, held today remotely because of the COVID-19 pandemic, stockholders...
Showboat Atlantic City Pitches $100M Water Park, Democratic Committee Pleads with Gov. Murphy to Reopen Casinos
Showboat Atlantic City, a nongaming property sitting between Ocean Casino and Hard Rock along with Boardwalk, has presented the state with a plan to construct a $100 million indoor water park. Philadelphia real estate developer Bart Blatstein says Atlantic City needs to...
Private London Casino Iconic for James Bond Film Says Saudi Sheikh Owes $2.5M Debt
Private London casino Les Ambassadeurs says one of its high rolling members, Saudi Sheikh Salah Hamdan Al Balawi, owes the club millions of dollars in gambling debts. Les A, as the ultra-exclusive private club is known, argues in court documents that Al...
Japan Betting on IR Development to Fuel Economic Recovery Post-COVID-19
Japan will not slow its progression of three integrated resort (IR) casinos because of the COVID-19 pandemic. Instead, the country plans to use the licensing process of the multibillion-dollar complexes to help restart its economy in the post-coronavirus world. Joji Kokuryo, managing...
Can Casino Buffets Survive COVID-19? Hospitality Experts Have Varying Views
The casino buffet has been an integral part of the Las Vegas experience for decades. But COVID-19 is threatening to put a fork in the Strip amenity staple. Nevada Governor Steve Sisolak (D) confirmed last night that Silver State casinos can begin...
Rush Street Gaming Partners with Portsmouth to Build Virginia Casino
Chicago-based Rush Street Gaming has been named by officials in Portsmouth, Virginia, as the preferred company to build, own, and operate a casino resort in the Hampton Roads city. Last month, Virginia Gov. Ralph Northam (D) signed off on the state legislature's...
Iowa Casinos Can Reopen June 1, Gaming Floor Limited to 50 Percent Capacity
Iowa casinos are being allowed to reopen on June 1, but under a series of strict regulations designed to protect employees and guests. Iowa Governor Kim Reynolds (R) ordered the state's 19 commercial casinos to suspend their operations effective March 17. Several...
Nevada Economy One of Hardest-Hit by Coronavirus, Unemployment Rate Highest in Nation
The Nevada economy has been one of the hardest-hit by the coronavirus because of the state's large dependency on tourism and hospitality. Nevada's unemployment rate of 28.2 percent in April is the highest in the nation. It's also one of the worst...
Las Vegas Casino Hotel Rooms ‘Heavily Discounted’ During Summer Reopening
Las Vegas casinos are set to reopen Thursday, June 4, and analysts say hotel room rates will be greatly reduced in the months ahead. Last week, Nevada Governor Steve Sisolak (D) announced a June 4 target date to reopen casinos. All gaming...
Tyson Fury vs. Deontay Wilder Part III in Macau? Boxing Promoters Campaigning for Far-East Showdown
Heavyweight boxing stars Tyson Fury and Deontay Wilder are considering a third showdown, and the fight could go down in Macau – the world's richest gambling hub. While boxing is immensely popular in Asia, Macau hasn't hosted a major bout since 2014,...
