Areas of Expertise
7584 stories by Devin O'Connor
Detroit Tigers Upset Houston Astros on Historic Odds, Deliver Las Vegas Astronomical Single-Game Win
The Detroit Tigers 2-1 upset of the Houston Astros Wednesday night was the biggest single-game betting upset in Major League Baseball in the past 15 years. Caesars' sportsbook moneyline closed at +435 on the Tigers prior to Houston superstar Justin Verlander's first...
New York Gov. Cuomo Holds Highway Repair Hostage in Seneca Nation Casino Revenue Dispute
New York Governor Andrew Cuomo (D) says the state won't touch a three-mile stretch of I-90 that travels through Seneca Nation land due to the ongoing casino revenue-sharing dispute with the tribe. The Seneca Nation of Indians stopped sharing 25 percent of...
MSG Sphere Las Vegas Cost Spiraling Out of Control, Entertainment Venue Highlights Non-Gaming Focus
The MSG Sphere at The Venetian could cost much more than originally expected, as company officials say the $1.2 billion price tag is quickly ballooning. During The Madison Square Garden Company's (MSG) second quarter conference call with investors and analysts, EVP and...
Crown Resorts VIP Casino Revenue Plunges, CEO Lashes Out at Sensational Media
Crown Resorts reported statutory net profit of AUD401.8 million ($272.8 million) over the last 12 months through June, a decline of 28 percent. The Australian casino operator that has integrated resorts in Melbourne, Perth, and Sydney – as well as high-end casino...
Rhode Island Governor Gina Raimondo Investigated Over $1B IGT Deal
Rhode Island Governor Gina Raimondo (D) is the subject of a state Ethics Commission investigation for proposing a $1 billion, 20-year gaming extension for IGT, a company that has donated to her election campaigns since 2014. Raimondo's proposal calls for IGT –...
Resorts World Catskills Sold, Malaysian Billionaire and Genting Take Troubled New York Casino Private
The nearly bankrupt Resorts World Catskills has been sold to majority owner Lim Kok Thay's family trust, as well as his conglomerate Genting Malaysia Berhad. KT Lim, a billionaire worth an estimated $3.6 billion by Forbes, is rescuing the fiscally troubled upstate...
Fertitta Brothers Buy Nearly $42M Worth of Red Rock Resorts Shares, Billionaires Committed to Palms
The Fertitta brothers, Lorenzo and Frank III, are upping their positions in Red Rock Resorts (RRS) following a turbulent 12-month period that has pushed the stock down considerably. Filings with the US Securities and Exchange Commission (SEC) reveal that the two billionaires...
Philippines Offshore Gaming Operator Applications Suspended, as Country Adheres China Demand
Philippines offshore gaming operator (POGO) license applications have been suspended, effective immediately, as the country adheres to China's warnings to overhaul its regulations regarding the internet businesses that target foreign players. Andrea Domingo, the chair of the Philippine Gaming and Amusement Corporation...
$300M Massachusetts Casino Proposal Submitted for Final Category 1 License in Southeastern Part of State
Another Massachusetts casino bid has emerged for the third and final Category 1 gaming license that is earmarked for the southeastern part of the state. The project comes from real estate and golf course developer Thomas O'Connell and his Notos Group, LLC....
AGS Acquires In Bet Table Games Manufacturer, Company Hopes to Reverse Dismal Stock Performance
AGS, a Las Vegas-based gaming equipment provider, has acquired the remaining assets of In Bet, a smaller table games manufacturer headquartered in New Jersey, for an undisclosed sum. AGS teamed up with In Bet in 2017 to bring most of the latter's...