7893 stories by Devin O'Connor
‘Jeopardy!’ James Holzhauer Receives Key to Las Vegas Strip, Winning Streak at 21 Games
Jeopardy! superstar James Holzhauer describes himself as a professional sports bettor in Las Vegas. But after the last month, he'll presumably forever be known as the man who dominated his opponents and seemingly cracked the code to the syndicated television trivia show....
Philippines Casino Regulator Delivers Federal Government $170M in First Quarter Taxes
PAGCOR, the Philippines casino regulator that also operates its own gaming venues, sent $170 million in taxes to the federal government for the first quarter of 2019. The Philippine Amusement and Gaming Corporation reported income from gaming operations totaled PHP18.27 billion ($353.5...
Caesars Entertainment Reducing Customer Comps to Offset Wage Hikes
Caesars Entertainment plans to improve its player rewards program – in the company's favor – in order to cover increased employee wages. Executives relayed during the company's first quarter conference call with investors that it will offset higher labor costs by trimming...
Wynn Resorts Agrees to $35.5M Fine, Focused on Successful Encore Boston Harbor Opening
Wynn Resorts will pay the $35.5 million in fines levied by the Massachusetts Gaming Commission (MGC) to keep its operating license for Encore Boston Harbor. Company officials say they're now focused on moving forward and opening the $2.6 billion integrated casino property....
Legalized Sports Betting Providing Financial Boost to Sports Radio, Ad Revenue Expected to Increase
With legalized sports betting expanding across the US, one of the largest radio companies in the country says the expanding gambling activity is providing an economic boost to its industry. Last May, the US Supreme Court ruled the Professional and Amateur Sports...
Macau Casinos Suffer Largest Monthly Revenue Decline in Nearly Three Years, Analysts Believe Worst is Over
Macau casinos recorded their largest month-to-month gross gaming revenue (GGR) decline in nearly three years, as April win plummeted 8.3 percent, the biggest percentage drop since June 2016. The six licensed casino operators reported casino win of MOP23.59 billion ($2.92 billion). That's...
Wynn Resorts Fined $35M But Retains Boston License, CEO Maddox Must Undergo Executive Training
Wynn Resorts has been handed a $35 million fine by the Massachusetts Gaming Commission (MGC), but will retain its coveted casino license to operate its $2.6 billion Encore Boston Harbor property. The five-member MGC said in their decision that Wynn Resorts and...
Wynn Resorts Restores Free Parking for All Las Vegas Guests, as Tourism Remains Stagnant
Effective May 1, Wynn Resorts is offering free parking at its Las Vegas Strip casinos. The casino operator says self-parking will be complimentary "for all visitors, without limitation," meaning even those who aren't staying at the properties can put their car there...
Las Vegas NFL Odds Predict Cleveland Browns Miss Playoffs, Sportsbooks Say Hype Overblown
The Westgate SuperBook in Las Vegas has opened odds on all 32 NFL teams making the playoffs, but as of now, the Cleveland Browns are no sure bet to reach the postseason. No team is being more talked about than the Browns...
Analysts Predict Flat Macau Casino Win in 2019, China Economic Slowdown Blamed
Fitch Ratings analysts say Macau casinos will report flat gross gaming revenue (GGR) or single-digit growth in 2019. The world's richest gaming hub will be impacted by the ongoing economic slowdown in China, the country that is responsible for the vast majority...
