7893 stories by Devin O'Connor
Early Voting Results Suggest Atlantic City Government Structure Will Remain
Atlantic City will likely retain its local government structure led by an elected mayor and nine-member City Council, early results from Tuesday's special election suggest. Atlantic City residents voted yesterday on a ballot referendum question asking them if they want to overhaul...
SciPlay Net Income Skyrockets 127 Percent, as Social Gaming Embraced by Americans Sheltered at Home
SciPlay Corporation (NASDAQ: SCPL) reported its first quarter financial results this week, and it was a strong three-month showing for the social gaming company. Revenue in the first quarter totaled $118.3 million, and earnings per share came in at 19 cents each....
MGM Resorts Interim CEO Says Las Vegas Can Safely Reopen in Matter of Weeks, Not Months
The top executive at MGM Resorts, the operator of the most casinos on the Las Vegas Strip, believes Sin City can safely reopen sometime later this month or in early June. Appearing on the third hour of the NBC TODAY show, MGM...
Conor McGregor Wants Justin Gaethje Fight, But Khabib Nurmagomedov Likelier Next Opponent
Conor McGregor went on a Twitter tirade after Justin Gaethje (22-2) upset Tony Ferguson (25-4) in UFC 249 Saturday night to become the interim lightweight champion (155 pounds). Gaethje filled in Saturday for current lightweight champion Khabib Nurmagomedov (28-0). The undefeated champ...
Corona Casino in Vietnam Reopens Following Coronavirus Shutdown
Vietnam casinos are reopening after a month-long shutdown because of the coronavirus, and one such property is, ironically, the Corona Casino on Phu Quoc Island. Vietnam's casinos shuttered their operations on government orders for two weeks beginning April 1 in an effort...
Casino Rumor Mill: Las Vegas Sands Considering Wynn Resorts Takeover
Las Vegas Sands is admittedly a buyer in the current economic gaming market. Billionaire founder and Chairman Sheldon Adelson revealed that acquisitions are being considered during the company's first-quarter earnings call last month. Union Gaming analyst John DeCree feels Sands rival Wynn...
Macau Government Halves Forecast Casino Gaming Tax Receipts in 2020 Budget
The Macau Financial Services Bureau has slashed its projected tax revenue from casino gaming in half for 2020 due to the ongoing COVID-19 pandemic. The enclave's chief tax agency has reduced its forecast for receipts from gaming revenue from MOP98.228 billion ($12.31...
President Donald Trump Allies in Las Vegas Handling Coronavirus Impact Differently
The coronavirus has resulted in US unemployment swelling to 14.7 percent, a rate not seen since the Depression, when President Franklin D. Roosevelt was in office. For several of current President Donald Trump's closest allies who themselves employ thousands of people, the...
Hard Rock Loses Athens Casino Appeal, Greek Court Allows Mohegan Gaming to Proceed with IR
Hard Rock International has been dealt another setback in its quest to win licensing rights to operate an integrated casino resort in Athens, Greece. On Thursday, the top administrative court in Greece rejected Hard Rock's appeal that it was wrongly denied the...
Atlantic City Casino Profits Surged 79 Percent in 2019 Q4, Then Pandemic Struck
Atlantic City casinos reported a nearly 79 percent surge in gross operating profit (GOP) in the final quarter of 2019. But then the coronavirus struck and resulted in the nine gaming properties suspending their operations. There's no good time for a pandemic,...
