8105 stories by Devin O'Connor
The 13 Macau Entertaining Acquisition Offers, Investor Provides Additional Funding for Long-Troubled Resort
The 13 Macau has been a financial nightmare nearly since it was envisioned by flamboyant Hong Kong businessman Stephen Hung in 2013. News out of China this week shows little has changed. According to financial filings with the Hong Kong Stock Exchange,...
Las Vegas Gunman Told Girlfriend ‘God Doesn’t Love Me’ Prior to Attack, FBI Concludes Investigation
The Las Vegas gunman who murdered 58 people in October of 2017 would often tell his Filipino girlfriend Marilou Danley – a practicing Catholic – "Your god doesn't love me." In the FBI's long-awaited final report released Tuesday, investigators said they didn't...
Nevada Gaming Control Board Says Wynn Resorts Executives Knew of Alleged Sexual Misconduct
Wynn Resorts and the Nevada Gaming Control Board (NGCB) have reached a settlement after the state agency concluded its investigation into the company's founder and his alleged sexual misconduct. On Monday, Nevada gaming regulators issued a 22-page complaint against Wynn Resorts. The...
New York Sports Betting Regulations Proposed, MGM Resorts Completes Empire City Acquisition
New York sports betting regulations were proposed this week by the state's Gaming Commission, and the rules will now undergo a 60-day public comment period. The 33-page document will govern sports betting operations at the four Upstate New York commercial casinos. Native...
Stanley Ho Children Battling Over Billionaire’s Casino Empire, Daughter Pansy Seeks Control
Stanley Ho, the billionaire dubbed the "King of Gambling," officially retired last April. Since then, several of his children and one of his wives have been feuding for control of his casino empire in Macau. Ho, 97-years-old, has been married to four...
Just Three of Japan’s 47 Prefectures Want Integrated Resort Casino
Japan is divided into 47 prefectures, but to date, only three regional governments have expressed public support for welcoming an integrated resort casino. A special committee of appointed lawmakers from the National Diet – Japan's legislative arm – is currently forming regulations...
Super Bowl Bettors Like Patriots Over Rams, SuperBook Issues 442 Props
Super Bowl 53 betting has overwhelmingly been on the New England Patriots over the underdog Los Angeles Rams. After point spreads opened with New England spotting Los Angeles just a point, the line has increased to as much as a field goal....
MGM Resorts Forms Special Committee to Review Real Estate Assets
MGM Resorts CEO Jim Murren announced in a brief statement yesterday the formation of an ad-hoc Board committee that will review the casino company's real estate holdings and report back with recommendations on the assets. Murren explained that MGM Board members John...
Macau Welcomes Record 35.8M Tourists in 2018, Optimistic to Hit New High in 2019
Macau visitor arrivals grew nearly 10 percent last year to a record 35.8 million tourists. Government officials believe the 12 months ahead could be even busier in the Chinese Special Administrative Region (SAR). The 9.8 percent visitation increase was a result of...
Las Vegas Sands Reports $170M Net Loss, But President Says Macau Bridge ‘Game-Changer’
Las Vegas Sands reported a net loss of $170 million in the fourth quarter of 2018, but company officials remain optimistic on Macau due to recent opening of a bridge that drastically shortens travel time from Hong Kong. The world's richest casino...
