7585 stories by Devin O'Connor
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...
Prince Harry and Meghan, Duchess of Sussex Welcome Son, Oddsmakers Shocked
Prince Harry and wife Meghan have welcomed their first child – a boy – and that comes as much of a surprise to overseas oddsmakers who thought they were tipped the royal couple was expecting a girl. Last month, Casino.org reported that...
Penn National Gaming Weathers Regional Storms, Posts Record Operating Income
Regional casino operator Penn National Gaming enjoyed its best first quarter in company history, as operating income totaled $182.4 million – an increase of $10.3 million compared to the same period in 2018. The oldest casino company in Pennsylvania said despite several...
Final Four in Las Vegas? Odds Shorten After NCAA Rescinds Ban on Championships in Sports Betting States
Las Vegas wants to bring major sporting events to town such as the Super Bowl and NCAA men's basketball tournament, and the odds of a major collegiate championship being hosted in Sin City just greatly improved. The NCAA announced Friday that its...
‘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....
Parq Vancouver Casino Credit Rating Downgraded, Owners Silent on Ability to Pay Debt
The owners of Parq Vancouver say the luxury casino resort in British Columbia is operationally profitable. However, after its massive debts are taken into account, there are concerns that the owners of the complex cannot afford to pay down their liabilities. As...
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...
Las Vegas City Council Approves Marijuana Consumption Lounges, Cannot Be Close to Casinos
Las Vegas City Council voted 4-1 this week in favor of allowing marijuana consumption lounges to open within the city's limits. Marijuana – a Schedule 1 narcotic under federal law – is legal in Nevada for both recreational and medicinal purposes. But...
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....
