Areas of Expertise
8322 stories by Devin O'Connor
Pennsylvania Satellite Casino Auction Fails To Get A Bid
The Pennsylvania satellite casino auction held today in Harrisburg did not have a minimum qualifying $7.5 million bid presented to state regulators. Under the state's Gaming Expansion Act of 2017, the Pennsylvania Gaming Control Board (PGCB) was authorized to approve as many...
Saratoga Race Course Posts Record Handle During 2019 Meet Despite Full Saturday Card Scrap
Saratoga Race Course parimutuel betting hit a record high in 2019 for the historic track's annual summer meet, as wagering from all sources totaled more than $705.3 million. The New York Racing Association (NYRA) said in a statement that it marked the...
Cleveland Browns Super Bowl Win Grave Potential Outcome for Sportsbooks
The Cleveland Browns continue to attract much sports betting action across the country, and oddsmakers are voicing concerns on what a potential Super Bowl victory by the long-troubled team would mean for their 2018-19 NFL season outcome. Week one kicks off Thursday...
FOX Bet Launches in New Jersey, First Media Giant to Lend Name to Sports Betting
FOX Bet is officially live in New Jersey, and the sports betting platform is the first to feature the branding of one of the largest media conglomerates in the world. FOX Bet is operated by The Stars Group, the Canada-based online gaming...
Melco Resorts Japan Presence Expanding, Casino Operator Focused on Osaka, Tokyo, Yokohama
Melco Resorts is upping its presence in Japan, as the company announced that it's adding a third office to its operations in the country that's readying to legalize commercial casinos. In a filing made with the Hong Kong Stock Exchange, the casino...
Genting Berhad Posts Increased Earnings Due To Casino Resort Operations
Genting Berhad, the Malaysia-based conglomerate that owns and operates casinos under the Resorts World brand, recorded a strong second quarter largely because of its leisure resort business. The company said revenue for the three-month period that ended June 30 was up seven...
The 13 Macau Averages 16 Booked Rooms Per Night, Casino Operators Uninterested in $1.6B Hotel
The 13 Macau continues to bleed money despite opening last September, as few visitors are making their way south of the Cotai Strip to the non-gaming hotel property. Approaching its one-year anniversary, there will be no celebratory party. Instead, parent company South...
Unfinished Seminole Hard Rock Hollywood Guitar Tower Braces for Hurricane Dorian
The Seminole Hard Rock Hollywood guitar hotel tower is bracing for its first major hurricane test, and it comes just as construction workers were hoping to complete the towering 450-feet architectural marvel. Hurricane Dorian, a potential Category 4 storm when it makes...
Busy Las Vegas Labor Day Weekend Has Metro Police Issuing Numerous Warnings
The Labor Day weekend in Las Vegas is expected to draw 325,000 visitors – a 1.2 percent increase on 2018 – and Metro Police have issued several warnings for both residents and tourists to adhere to during their holiday celebrations. The Las...
Genting Empire Resorts Acquisition Downgrades Casino Giant Credit Rating to Negative
Genting Berhad, the investment and holding company of the Malaysian-based Genting Group conglomerate, has been downgraded by Fitch Ratings to "negative" following its acquisition of Empire Resorts. Earlier this month, Empire agreed to be fully acquired by Genting billionaire KT Lim's family...