7584 stories by Devin O'Connor
Golden Nugget Billionaire Tilman Fertitta Says Atlantic City Once Again Oversaturated With Casinos
Tilman Fertitta, the billionaire owner of the NBA Houston Rockets and Golden Nugget casinos, says Atlantic City is once again oversaturated with gaming properties. Appearing in the New Jersey beachfront gaming mecca to promote his new business book, Shut Up and Listen!,...
Hundreds of Chinese Nationals Allegedly Working Illegally in Philippine Gaming Industry Arrested
A total of 324 Chinese nationals have been arrested by authorities with the Philippines Bureau of Immigration (BI) on allegations that the foreigners have been engaged in cyber crimes, including operating unauthorized online gaming. The raids were carried out at eight locations...
Week 3 NFL Odds Chaotic Due to Numerous Injuries, Lopsided Matchups, Trades, Lineup Changes
National Football League (NFL) odds for week three of the regular season present a little something for every type of sports bettor. For the first time since 1987, there are two games that have spreads of 20 points or more. And when...
Arkansas Racinos Enjoy Record Fiscal Year, Future Bright as Venues Now Full-Scale Commercial Casinos
Arkansas racinos took $5.2 billion in bets during their 2019 fiscal year, an all-time high that has the industry optimistic moving ahead as the properties transition to full-scale commercial casinos. Players at Southland Casino Racing in West Memphis and Oaklawn Racing Casino...
Mohegan Gaming to Become First Tribal Casino Operator in Las Vegas With Virgin Hotels Resort
Mohegan Gaming & Entertainment (MGE) has reached a landmark deal that will make the company the first Native American casino operator to do business in Las Vegas. The gaming unit of Connecticut's Mohegan Tribe will operate Virgin Hotels Las Vegas when the...
Encore Boston Harbor Dominating Massachusetts Gaming Industry, MGM Springfield $144M Short of Expectations
Encore Boston Harbor has taken a commanding lead in the Massachusetts three-casino gaming industry, as the $2.6 billion integrated resort controlled more than 60 percent of the market in August. Figures from the Massachusetts Gaming Commission reveal the Wynn Resorts casino reported...
Estate of MGM Resorts Founder Kirk Kerkorian Sells Remaining Stake in Casino Giant
MGM Resorts no longer has any financial ties to its founder, Kirk Kerkorian, after the late billionaire's estate divested its remaining shares in the casino operator. MGM announced Monday that Tracinda Corp – Kerkorian's holding company that serves as his trust for...
Wynn Resorts Restores Free Valet Parking on Las Vegas Strip, Small Win For The People
Wynn Resorts is bringing back free valet parking at its two Las Vegas properties, a move that comes following much public hysteria regarding Strip casinos nickel-and-diming guests. Wynn Resorts restored free self-parking at its Strip casinos on May 1. Effective at midnight...
Philippines Offshore Gaming Operators Face Shutdown Unless Appropriate Taxes Paid
Philippines Offshore Gaming Operators (POGOs) that are found in violation of paying the federal government their appropriate share of gaming revenue taxes will be shuttered immediately. That's the word from the Philippines Department of Finance, which is spearheading the country's crackdown on...
Macau Casinos Deliver Enclave Government $9.5B in Tax Revenue Despite Recession
Macau casinos generated MOP75.32 billion ($9.5 billion) in tax revenue for the local government in the eight months completed in 2019. That's a 1.5 percent gain on the same period in 2018. The uptick comes despite Macau gross gaming revenue (GGR) being...
