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7664 stories by Devin O'Connor
Virginia Casino Developers Celebrate Passage of Gaming Bills, Ready to Move Forward
Virginia casino developers behind several proposals are rejoicing following the state's passage of commercial gambling laws earlier this week. On Wednesday, the Virginia General Assembly signed off on amendments made by Gov. Ralph Northam (D) to the state's casino legislation and sports...
Kim Jong Un Reportedly Dead, Online Bookmakers Refrain From Offering Odds
North Korea Supreme Leader Kim Jong Un is rumored to be dead or in a vegetative state following a botched surgery. But reports regarding the hermit kingdom's dictator are wildly varying. A senior executive at HKSTV Hong Kong Satellite Television said today...
Some Atlantic City Hotels Forced to Reopen to House Homeless, Mayor Says State Overruled Him
Certain Atlantic City hotels are being forced to reopen on state orders and take in homeless people during the COVID-19 pandemic. During a press conference this week, Atlantic City Mayor Marty Small Sr. (D) confirmed that the state had overruled his executive...
Small Casinos Score Big Win, as Companies Now Eligible for Payroll Protection Program
Small casinos can now apply to receive funds through the Small Business Administration's Payroll Protection Program (PPP) after the agency issued new regulations. Under the $2.2 trillion Coronavirus, Aid, Relief, and Economic Security Act (CARES Act), Congress set aside $349 billion for...
Bally’s Atlantic City Sold for Just $25M, as Twin Rivers Snags Three US Casinos
Bally's Atlantic City has been sold to Twin River Worldwide Holdings for the discount rate of just $25 million, as Caesars Entertainment and Eldorado Resorts continue to reduce their portfolio ahead of their merger. Twin River, a casino operator based in Rhode...
Alaska Native Corporations to Receive Coronavirus Relief Earmarked for Indian Tribes
Alaska Native Corporations (ANC), for-profit enterprises that are owned by Native Americans, will receive coronavirus stimulus money designated for sovereign Indian tribes. Under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), $8 billion was set aside for Native American communities...
Phil Ruffin Readying His Las Vegas Casinos to Reopen May 15, Odds Long It Will Happen
Billionaire Phil Ruffin plans to reopen his Las Vegas casinos, Treasure Island and Circus Circus, on May 15. But the odds seem long that gaming will be permitted to resume operations on that date. On the Treasure Island website, the property says...
Hard Rock International CEO Jim Allen Gives Grim Outlook for Casino and Hospitality Business
Hard Rock International CEO Jim Allen says it will take a least a year for the company's businesses to recover once they're allowed to reopen. Appearing on CNBC Wednesday, the chairman of the corporation owned by the Seminole Tribe of Florida said...
Tiger Woods and Peyton Manning Favored Against Phil Mickelson and Tom Brady
Tiger Woods and Peyton Manning are the favorites in a charity golf match against their sport rivals Phil Mickelson and Tom Brady. The event is set to take place next month. Turner Sports, which will air the event live on TNT next...
Joe Biden Enjoys Best Fundraising Month, But Trump Campaign Has Nearly $250M to Spend
Former Vice President Joe Biden raised $46.7 million in March, his best month ever. But his campaign is still at a serious disadvantage compared to President Donald Trump. Filings with the Federal Election Commission (FEC) disclose that Biden's campaign received a surge...