7584 stories by Devin O'Connor
Connecticut Slot Revenue Slides, Casino Win From Gaming Terminals Down $13.1M
Slot revenue in Connecticut plays a critical role in helping fund the state government. But July marked yet another month where the two tribal casinos reported a drop in win from the terminals compared to the prior year. Mohegan Sun reported slot...
Borgata Sets Monthly Revenue Record, Atlantic City Casinos See July Win Jump Eight Percent
The Borgata, MGM Resorts' only casino in Atlantic City, enjoyed its best month in its 16-year history, as the Marina District property won $88 million from its land-based, internet, and sportsbook operations. The news comes by way of the New Jersey Division...
US Gaming Industry Stocks Rattled as Economic Recession Fears Send Wall Street Crashing
The US gaming industry wasn't spared from Wednesday's Wall Street sell-off on fears that an economic recession is looming. The Dow Jones Industrial Average plunged 800 points (-3.05 percent), the NASDAQ 242 points (-3.02 percent), and S&P 500 85 points (-2.93 percent)....
Tiger Woods Distant 60/1 at BMW Championship Despite Being Undefeated at Medinah
Tiger Woods is listed at 60/1 to win this week's BMW Championship at Medinah Country Club outside Chicago, a course where he's never lost a stroke play tournament. After withdrawing at last week's Northern Trust, which Patrick Reed went on to win...
Poker Pro Michael Borovetz Arrested at Detroit Airport, Charged With Defrauding Travelers
Michael Borovetz, age 44, a poker player known throughout the country who is based in Pittsburgh, Pennsylvania, was arrested this week in Detroit and charged with attempting to defraud unsuspecting travelers. Wayne County Airport Authority police say they arrested Borovetz on Saturday...
Nevada ‘Storm Area 51’ Online Oddsmakers Correctly Predict Event Outcome, Organizers Now Planning Music Festival
Online oddsmakers predicted that the "Storm Area 51" raid planned for September 20 wouldn't actually happen. It appears they were correct, as the more than three million strong Facebook community have been told the happening has transitioned into a music festival at...
Galaxy Entertainment Blames Macau VIP Play for Seven Percent Net Revenue Drop in First Six Months of 2019
Galaxy Entertainment, one of six casino license holders in Macau, says slowing VIP play in the world's richest casino hub is responsible for the company's net revenue drop of seven percent in the first six months of the year. The Hong Kong-based...
Maryland Casinos and Lottery Deliver State Record $1.3B in Taxes, MGM National Harbor Leads Way
The six Maryland casinos and state-run lottery combined to deliver more than $1.3 billion in tax revenue to the Annapolis capital in the 2019 fiscal year. Data released this week from the Maryland Lottery and Gaming Control Agency shows that casinos directed...
Philadelphia Stadium Casino Developer Wants I-76 Ramp Mandate Dismissed in Relicensing Agreement
The $700 million Philadelphia casino being constructed in the city's stadium district is requesting the state remove a mandate in its previous licensing agreement that it build a new I-76 on-ramp. The Cordish Companies, a real estate developer and entertainment company based...
Sen. Elizabeth Warren Democratic Betting Frontrunner for 2020 Ticket, as Former VP Joe Biden Slips
Sen. Elizabeth Warren (D-Massachusetts) has emerged as the strongest challenger to former VP Joe Biden securing the Democratic Party's 2020 presidential ticket. That's according to political bettors who are wagering money on their election outcome beliefs. For the first time since Warren...
