7584 stories by Devin O'Connor
Philippines POGO Operators Face Additional Five Percent Gaming Revenue Tax, Higher Fees
Philippines Offshore Gaming Operators (POGO) could soon face higher taxes on their gross revenue, as well as elevated licensing fees. Philippine House Rep. Joey Salceda, a member of President Rodrigo Duterte's ruling Democratic Party, introduced legislation this week that seeks to levy...
Scientific Games and IGT Win Brazil Lottery Contract, Country Continues Pursuing More Open Economy
Scientific Games and IGT have partnered to successfully win the operational rights to Brazil's instant lottery. Two of the world's largest gaming manufacturers and lottery services providers, Las Vegas-based Scientific Games and UK-headquartered IGT, will pay the Brazilian government a total of...
Houston Astros Remain World Series Favorites Despite Game 1 Loss to Washington Nationals
The Houston Astros remain the World Series favorites despite losing at home in Game 1 to the Washington Nationals. But, of course, their title chances are lengthening in Las Vegas as a result of the opening defeat. Prior to Tuesday night's first...
Japan Welcomes PGA Tour Superstars, Odds Favor Justin Thomas, Rory McIlroy
The PGA Tour is staying in Asia for another week. This time, the world's best golfers are traveling to Chiba, Japan, for the ZOZO Championship. Justin Thomas won last week's CJ Cup at Nine Bridges Golf Club on Jeju Island, South Korea....
$1B Atlanta Motor Speedway Casino Resort Proposed, Peach State Gaming Battle Off to Races
Owners of the Atlanta Motor Speedway (AMS) are prepared to invest $1 billion to transform the property into a major casino resort complex that would feature private residences, hotel, convention space, a theme park, movie theater, and retail shopping. Atlanta Motor Speedway...
Sports Betting Could Rescue Atlantic City Race Course, Redevelopment Plan Announced
Legal sports betting in New Jersey is fueling an effort to redevelop and reopen the shuttered Atlantic City Race Course that has sat vacant for more than four years. Property owner Greenwood ACRA purchased the track in 2001 for $15 million. Greenwood...
IMF: Macau Recession to Last Through 2023, Prostitution Rings Threaten Family-Friendly Mission
The Macau recession isn't expected to end anytime soon. Analysts at the International Monetary Fund (IMF) forecasting economic growth say revenue will continue to decline through 2023. In the IMF's October 2019 World Economic Outlook, titled "Global Manufacturing Downturn, Rising Trade Barriers,"...
Japan Casino Management Commission Coming in January, Federal Agency Will Monitor Integrated Resorts
The Japan Casino Management Commission (CMC) that will regulate the country's forthcoming commercial gaming industry will be revealed on January 7, 2020. GGRAsia, an online media outlet focused on gaming matters throughout Asia, relayed the information from Japan's federal government that details...
World Series Odds: Houston Astros Biggest Favorite Since 2007 Boston Red Sox
The World Series odds on the Houston Astros beating the Washington Nationals has a price on the best-of-seven title that hasn't been seen in more than a decade. The FanDuel sportsbook has the American League champs at -240 (implied odds of 70.59...
Macau Locals Gambling Less, Participation Rate Down 27 Percent Since 2003
Macau locals aren't testing their luck as much as they used to, a new study from the University of Macau concluding that participation rates among enclave residents are at their lowest levels since 2003. According to research from the university's Institute for...
