7776 stories by Devin O'Connor
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...
BetMGM Second Sports Betting Operator to Partner with PGA Tour
BetMGM -- a joint venture between MGM Resorts, ROAR Digital, and GVC Holdings -- is the latest sports betting platform to partner with the PGA Tour. The Tour and the sportsbook company announced today a multiyear content and marketing relationship which designates...
Court Rules Harrah’s New Orleans Must Pay Back Taxes on Hotel in Decade Long Dispute
Harrah's New Orleans is once again on the losing end of a court decision regarding its claims that it doesn't need to pay taxes on comped or discounted hotel rooms. A three-judge panel in the First Circuit Court of Appeal ruled 2-1...
Colorado Casinos Could Increase Bet Limits in 2021, Authorize New Games
Colorado casinos in 2021 could be permitted to up their betting limits and bring new games to their venues in Black Hawk, Central City, and Cripple Creek. Local Choice Colorado -- a campaign committee that is working to place a ballot referendum...
Tropicana Las Vegas Proximity to Raiders Stadium Gives Casino Added Value, Parent Company Holding Out
The owner of Tropicana Las Vegas says that, while the casino resort is indeed on the market, there is no rush to sell the primely located Strip property. Gaming and Leisure Properties, Inc. (GLPI), the real estate investment trust of Penn National...
Tokyo Court Bans Billionaire Kazuo Okada From Rejoining His Namesake Company
Billionaire Kazuo Okada is once again on the losing side of a court decision in his attempt to regain control of the holdings company that bears his name. The Tokyo High Court has dismissed an appeal from the 77-year-old gaming tycoon that...
Connecticut Tribal Chairman Rodney Butler Questions Sports Betting Delay
Connecticut tribal leader Rodney Butler, the chairman of the Mashantucket Pequot Tribe, says there's no valid reason as to why the state shouldn't grant its two tribes privileges to operate sports betting. Sports betting could soon become operational in all three of...
