7956 stories by Devin O'Connor
Analysts Say Las Vegas Sands in Good Hands Despite CEO Sheldon Adelson Cancer Diagnosis
Las Vegas Sands is alive and well despite the recent revelation that the casino company's billionaire founder and CEO Sheldon Adelson is undergoing treatment for non-Hodgkin's lymphoma at the age of 85. Gaming analysts commenting on the health disclosure say news regarding...
Las Vegas Tourism Officials Believe Themed Sports Weekends Can Lure Millennials
Las Vegas tourism officials want to develop so-called "mega weekends" in an effort to grow overall visitation to Southern Nevada in what would otherwise be slow periods of the year. Speaking with the Nevada Independent, Las Vegas Convention and Visitors Authority (LVCVA)...
Sports Betting Landscape: Odds Favor California, Florida, and Texas Remaining on Sidelines
Sports betting in the US continues to expand across the country, but the three largest states – California, Texas, and Florida – aren't expected to participate anytime soon. The Associated Press reports that the three states have been home to teams that...
Department of Justice Extends Wire Act Opinion Implementation Until June 14
The new Wire Act opinion written by the Department of Justice (DOJ) in November but only made public in January won't be implemented until June 14, as ongoing legal challenges linger. The DOJ sent a memo to state attorneys general late last...
Carl Icahn Afforded Three Caesars Entertainment Board Seats, Billionaire Urges Company Sale
Carl Icahn has been given three seats on the board of Caesars Entertainment after the billionaire corporate raider acquired a nearly 10 percent stake in the financially distressed casino operator. Caesars confirmed the appointments in a press release naming Icahn Enterprises CEO...
Nevada Casinos Begin 2019 Slow, January Gross Gaming Revenue Down Three Percent
Nevada casinos reported gross gaming revenue (GGR) for January was $984.5 million, a three percent year-over-year decline. Clark County won $532.2 million, which is a more than four percent decline on the same month a year ago. The Las Vegas Strip fell...
MLB Teams With Sportradar to Distribute Real-Time Statistics to Sports Betting Operators
Major League Baseball (MLB) and Sportradar have reached a multiyear partnership that gives the latter company exclusive access internationally to distribute the league's real-time statistics to sports betting operators. In the US, Sportradar will have the same access to stream information to...
IMF Analysts: Macau Gaming Regulators Should Force Casinos to Reduce VIP Reliance During Renewal Period
Macau gaming regulators could require the enclave's licensed casino operators to reduce their reliance on high roller VIPs during the upcoming permit renewal period. Analysts at the International Monetary Fund (IMF) conclude in their annual economic review of the Chinese Special Administrative...
Bloomberry Resorts Named in US Civil Legal Action Regarding Alleged Role in $81M Bangladesh Bank Heist
Bloomberry Resorts, the parent company to the Solaire Resort and Casino in Manila, Philippines, has been named in a civil legal action filed in the United States for its alleged role in an $81 million bank heist. In 2016, the Bangladesh Central...
PGA Tour Now Allows Casinos and Gaming Companies to Advertise During Tournaments
The PGA Tour has amended its marketing regulations to permit companies in the gaming industry to advertise and become Official Marketing Partners (OMPs) for all six tours overseen by the game's governing body. The change comes less than a year after the...
