7668 stories by Devin O'Connor
Bipartisan Connecticut Gaming Bill Introduced, Would Authorize Bridgeport Casino, Sports Betting, Online Gaming
The Connecticut gaming industry could undergo a major overhaul should legislation introduced this week that has bipartisan support become law. On Wednesday, lawmakers unveiled a working draft for "An Act Concerning Jobs In and Revenue From the Gaming Industry." The legislation doesn't...
Las Vegas Sands Makes $4,500 Net Profit Every Single Minute, 2017 Mass Shooting Cited for MGM Struggles
Las Vegas Sands, the world's richest casino operator in terms of revenue, makes a net profit of more than $4,500 every single minute of every single day. A study of the globe's 39 largest publicly traded companies in the tourism industry according...
Oregon Sports Betting App Bans College Wagering, Plans Launch Ahead of NFL Season
Oregon's sports betting app won't feature odds on college athletics when the network goes live this fall, as the state lottery tasked with operating the expanded gambling activity says it's for now sticking to professional games only. The Oregon Lottery says it...
Las Vegas Casinos Bounce Back in June, Gaming Revenue Skyrockets Nearly 18 Percent
Las Vegas casinos came roaring back in June, as the Strip properties won more than $616.5 million last month. The month represented a 17.7 percent gross gaming revenue (GGR) increase on June 2018. Baccarat play finally turned in the house's favor, with...
Twin River Casino Parent Says IGT Slot Machines ‘Are the Worst,’ Further Criticizes $1B Rhode Island Lottery Contract
Twin River Worldwide Holdings Inc, parent to the Twin River and Tiverton casinos in Rhode Island, is upping its antagonism against IGT and the company's proposed $1 billion lottery contract with the state. Rhode Island Governor Gina Raimondo (D) has backed legislation...
Study Concludes Average Slots Player Cannot Identify House Edges, Question Asked if Casinos Should Lengthen Odds
House edges on slots machines deliver casinos the majority of their gross gaming revenue (GGR), and a new study finds that the run-of-the-mill gambler doesn't know the odds from one machine to another. The research, discussed this week in a CDC Gaming Reports...
Chicago Mayor Asks City Residents to Help Decide Casino Location, Design Resort Complex
Chicago Mayor Lori Lightfoot (D) is asking city residents through an online survey for their input on where a casino resort should be located and what amenities it should feature. Lightfoot, who became the city's first black female mayor when she won...
China Lottery and Sports Betting Revenue Down Through June, 2018 Men’s World Cup Blamed for Decline
Revenues from the China lottery and sports betting are down considerably this year. Lottery officials point to last year's men's World Cup, as well as the ongoing trade war with the US, for the decline. The People's Republic Ministry of Finance reports...
$1.6B Moulin Rouge Casino Redux Approved in West Las Vegas, But Funding Deadline Fast Approaching
The site of the historic Moulin Rouge in Las Vegas has been tentatively sold to a group of investors who want to bring back the iconic resort that was the first desegregated casino, and forever changed civil rights and racial politics in...
President Trump National Indian Gaming Commission Chair Nominee Testifies Before Senate Committee
National Indian Gaming Commission (NIGC) chair nominee E. Sequoyah Simermeyer testified before the US Senate Committee on Indian Affairs this week regarding his candidacy and goals for the federal organization should he be confirmed into the position. Jonodev Osceola resigned as chairman...
