8322 stories by Devin O'Connor
Genting Group Billionaire KT Lim Makes Bid to Privatize Resorts World Catskills Casino in Upstate New York
Kok Thay Lim, the chairman of Malaysia-based Genting Group, has announced his intention to acquire all of the remaining outstanding shares of Empire Resorts in an effort to take the company private. Lim, worth an estimated $4.1 billion by Forbes, currently owns...
Oklahoma Tribes Oppose Governor Stitt Effort to Renegotiate Gaming Compacts
Oklahoma tribes are uniting to oppose an effort by Governor Kevin Stitt (R) to renegotiate gaming compacts and increase revenue-sharing responsibilities stemming from their Native American casinos. Oklahoma Indian Gaming Association (OIGA) Chairman Matt Morgan said this week that the majority of...
Another Resort Fees Lawsuit Filed, Advertised Casino Room Rates Questioned
Resort fees, those pesky add-on charges that aren't necessarily advertised to customers during the booking process and are commonplace in Las Vegas, are again being challenged in court. Nebraska Attorney General Doug Peterson filed the lawsuit this week alleging that hotels and...
Melco Resorts Tops Earning Expectations Again, Company Announces $1.4B Macau Investment
Melco Resorts, one of the six licensed casino operators in Macau, once again beat Wall Street earnings expectations, as the company reported a 17 percent operating revenue increase to $1.44 billion. The casino company founded by billionaire Lawrence Ho – one of...
South Carolina Group Led By Former State Treasurer and Lawmaker Forms to Consider Legalizing Casinos
A group in South Carolina has formed to consider the benefits and risks of legalizing casinos in the Palmetto State, but the topic remains highly divisive among residents. The Palmetto Forum for Gaming Studies (PFGS) is chaired by Dr. Jim Rex –...
Former Macau Legislative Assembly President Ho Iat Seng Set to Become Next Enclave Chief Executive
Macau will need a new chief executive come December, and former Legislative Assembly president Ho Iat Seng is the frontrunner to replace Fernando Chui and lead the enclave through its 2022 casino licensing process. The Basic Law of Macau mandates that chief...
‘Jeopardy!’ Champ James Holzhauer Picks Patriots and Rams for Super Bowl, Says Browns Overhyped
Las Vegas native James Holzhauer, the professional sports bettor who went on a 32-show winning streak on "Jeopardy!" earlier this year, says the New England Patriots and Los Angeles Rams will meet in Super Bowl LIV next February. It's not exactly a...
Moody’s Warns Atlantic City Could Face ‘Draconian Cost-Cutting’ and Large Tax Increases
Atlantic City and eight other municipalities in New Jersey could see their credit ratings downgraded due to Governor Phil Murphy's (D) freeze on transitional aid disbursements. Earlier this month, the governor announced a suspension of spending items totaling $235 million. The largest...
President Donald Trump Talks Impeachment Chances, Political Bettors Move Arraignment Proceeding Odds
President Donald Trump is weighing in on calls for his removal from office, but the 45th commander-in-chief says there's little support among the general public for his ousting. Former special counsel Robert Mueller will testify tomorrow before the House Intelligence and Judiciary...
NHL Partners With Former AGA Executive Sara Slane to Advise on Legal Sports Betting
The NHL has tapped Sara Slane, the former senior vice president of public affairs of the American Gaming Association (AGA), to advise the professional hockey league on all things sports betting. The 39-year-old Slane announced her resignation last month from the gaming...
