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Devin O'Connor
8590 stories by Devin O'Connor
US Stock Markets Crash, Political Bettors Moving Money Behind Predicted Recession
US stock markets crashed on Friday after President Donald Trump ordered companies to find alternatives to doing business with China during the ongoing trade war between the two countries. The Dow Jones Industrial Average fell...
Macau Recession to Last Through 2019, Casinos Impacted by Economic Constriction
Macau is amid a recession after economic data from the enclave's Statistics and Census Bureau revealed that its gross domestic product declined for the second straight quarter. The Macau economy contracted 1.8 percent in the...
York Pennsylvania Casino Approved by Local Officials, Penn National Reveals Design Details
The satellite Pennsylvania casino allocated for York has been approved by local township officials after Penn National Gaming revealed specifics for the gaming venue. Dubbed Hollywood Casino York to align with Penn National's flagship Hollywood...
Atlantic City Casino Profits Crash Amid New Competition, Market Could Be Oversaturated
All seven Atlantic City casinos that were in business prior to the June 2018 openings of Hard Rock and Ocean have reported a drop in their gross operating profits through six months in 2019. Data...
Incoming Macau Chief Executive Opposes Hong Kong Protests, Committed to China
Ho Iat Seng, Macau's next chief executive, says he's opposed to the ongoing protests in Hong Kong, and instead favors bolstering the casino enclave's already strong relationship with mainland China. Macau and Hong Kong are...
Las Vegas Dive Bar Smuggle Inn Surrenders Gaming License for Selling Coke: Not the Cola Kind
A Las Vegas dive bar with the foretelling name of the Smuggle Inn is handing over its restricted gaming license to the Nevada Gaming Commission (NGC) after undercover detectives with Metro police were able to...
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...
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...
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...
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...
