7584 stories by Devin O'Connor
President Donald Trump Tweets Opposition to Tribal Casino Bill Backed by Sen. Elizabeth Warren
A congressional tribal casino bill in the US House of Representatives won't have the support of President Donald Trump should the legislation reach his Oval Office desk. House Bill 312 – introduced by Rep. Bill Keating (D-Massachusetts) in January that has the...
Melco Resorts Tops Earnings Expectations, Quarterly Income Totals $1.36B
Melco Resorts beat Wall Street expectations in the first quarter of 2019, as the casino operator reported $1.36 billion in revenue – or $0.28 per share. That's a 3.72 percent increase on the same three-month period in 2018. The general consensus among...
New Jersey AG Demands Answers From DOJ Regarding Billionaire Sheldon Adelson’s Wire Act Influence
New Jersey Attorney General Gurbir Grewal is suing the Department of Justice for allegedly failing to comply with Freedom of Information Act (FOIA) requests over the federal agency's recent Wire Act interpretation. Filed in the US District Court in New Jersey, Grewal...
Golf Odds: Bets Placed on Tony Romo Winning Byron Nelson, $100 Wager Would Net $1M
Former Dallas Cowboys star quarterback Tony Romo is again teeing it up on the PGA Tour this week, and a handful of bettors are actually wagering a few bucks on the CBS NFL analyst to win. The PGA Tour is in Dallas...
Singapore Casinos Deliver Government Nearly $1B in Entrance Fees
Singapore casinos have delivered the city-state's government nearly $1 billion in entrance fees incurred by citizens and permanent residents accessing the gaming floors. The Southeast Asia island republic is home to two integrated casino resorts: Marina Bay Sands and Resorts World Sentosa....
Philadelphia Casino Developers Unveil Specifics to State Gaming Regulators
Developers of the Philadelphia casino being built in the city's stadium district provided state gaming regulators with an update on the project this week, and executives revealed they are expanding the investment. Stadium Casino LLC, a subsidiary of Baltimore-based Cordish Companies –...
Macau Police Say Gambler Beaten to Death by Loan Sharks Over $6300 Debt
Macau police allege a Chinese man found dead inside a guesthouse on the enclave's main peninsula was the victim of a brutal beating at the hands of three loan sharks. Judiciary Police believe a man who held an HKD50,000 ($6,373) gambling debt...
Macau Gaming Industry Feeling Pressure From Casino Markets Throughout Asia
The Macau gaming industry – the richest casino hub on the planet – could be feeling the pinch of expanded and new gambling markets in Asian countries. Gross gaming revenue (GGR) in the Chinese enclave totaled $2.92 billion last month. That represented...
Ocean Casino Resort in Atlantic City Reverses Fortunes, Owners Forecast Profit
Atlantic City's Ocean Casino Resort – formerly known as Revel, TEN, and most recently Ocean Resort Casino – has been a financial nightmare since it reopened in June 2018. But new owners say the Boardwalk property is finally about to turn a...
Billionaire Phil Ruffin Interested in Buying Caesars Entertainment Las Vegas Strip Properties
Treasure Island owner Phil Ruffin has confirmed he's exploring a potential takeover of Las Vegas casino resorts currently owned by Caesars Entertainment. The 84-year-old billionaire – estimated by Forbes to be worth $2.8 billion – told the Las Vegas Review-Journal recently that...
