Areas of Expertise
7584 stories by Devin O'Connor
Philippines President Rodrigo Duterte Says Online Gambling Will Continue, Leader Won’t Cave to China
Rodrigo Duterte, the controversial president of the Philippines, isn't buckling to China's demand that online gambling operations in the Southeast Asia country targeting foreign markets be shuttered. Philippine offshore gaming operators – commonly known as POGOs – have been scorned by China...
NFL Team Values Increase on Sports Betting Expansion, Raiders Franchise Gains Nearly $1.5B
NFL team values are soaring after the Supreme Court's May 2018 decision to end a longstanding federal ban on sports betting, and the Oakland Raiders – soon to call Las Vegas home – are one of the largest benefactors. Forbes this week...
Sen. Elizabeth Warren Remains Democratic Frontrunner Following Town Halls, Former VP Joe Biden Bleeds
Senator Elizabeth Warren (D-Mass.) remains the odds-on favorite to secure the Democratic Party's nomination for the 2020 presidential election following CNN's seven hours of climate change town halls. PredictIt bettors snagged up more shares of the 70-year-old Warren winning the party's ticket...
Sands China, Galaxy Entertainment Dominate Macau Gaming Market, Account for 45 Percent Share
Sands China and Galaxy Entertainment are the two dominant casino operators in Macau, controlling a 45.5 percent market share of the richest gaming hub on planet Earth. Deutsche Bank says in a note this week that the two casino companies remain the...
Wynn Resorts Plans to Build ‘World’s Largest’ Casino Resort in Japan, as Lobbying Heats Up
Wynn Resorts is upping its lobbying campaign in Japan, telling media outlets there that the company will build the "world's largest" casino resort should it be so fortunate as to land one of the three forthcoming gaming licenses. At a recent conference...
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...
Hurricane Dorian Spares Popular Bahamas Casino Resorts, Gaming Industry Announces Relief Efforts
The hurricane that wreaked havoc across the Caribbean and is now making its way up the US East Coast spared the major Bahamas casino resorts in its path of destruction. Hurricane Dorian ripped through the Bahamas in the slowest of ways, as...
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...
Macau Casino Stocks Drop Following Poor August Gaming Revenue Report, Hong Kong Turmoil
Macau casino stocks are trading lower after a poor August gross gaming revenue (GGR) report, and the ongoing protests in nearby Hong Kong. The world's richest gaming hub saw casino win tumble 8.6 percent last month to $3.01 billion, down from $3.28...