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Devin O'Connor
8492 stories by Devin O'Connor
Department of Justice Extends Wire Act Opinion Implementation Until June 14
The new Wire Act opinion written by the Department of Justice (DOJ) in November but only made public in January won't be implemented until June 14, as ongoing legal challenges linger. The DOJ sent a...
Carl Icahn Afforded Three Caesars Entertainment Board Seats, Billionaire Urges Company Sale
Carl Icahn has been given three seats on the board of Caesars Entertainment after the billionaire corporate raider acquired a nearly 10 percent stake in the financially distressed casino operator. Caesars confirmed the appointments in...
Nevada Casinos Begin 2019 Slow, January Gross Gaming Revenue Down Three Percent
Nevada casinos reported gross gaming revenue (GGR) for January was $984.5 million, a three percent year-over-year decline. Clark County won $532.2 million, which is a more than four percent decline on the same month a...
MLB Teams With Sportradar to Distribute Real-Time Statistics to Sports Betting Operators
Major League Baseball (MLB) and Sportradar have reached a multiyear partnership that gives the latter company exclusive access internationally to distribute the league's real-time statistics to sports betting operators. In the US, Sportradar will have...
IMF Analysts: Macau Gaming Regulators Should Force Casinos to Reduce VIP Reliance During Renewal Period
Macau gaming regulators could require the enclave's licensed casino operators to reduce their reliance on high roller VIPs during the upcoming permit renewal period. Analysts at the International Monetary Fund (IMF) conclude in their annual...
Bloomberry Resorts Named in US Civil Legal Action Regarding Alleged Role in $81M Bangladesh Bank Heist
Bloomberry Resorts, the parent company to the Solaire Resort and Casino in Manila, Philippines, has been named in a civil legal action filed in the United States for its alleged role in an $81 million...
PGA Tour Now Allows Casinos and Gaming Companies to Advertise During Tournaments
The PGA Tour has amended its marketing regulations to permit companies in the gaming industry to advertise and become Official Marketing Partners (OMPs) for all six tours overseen by the game's governing body. The change...
Connecticut Lawmakers Consider Two Opposing Casino Bills Following Federal Investigation of Ex-DOI Secretary
Connecticut lawmakers reviewed two opposing casino bills this week in wake of a federal investigation into whether former US Interior Secretary Ryan Zinke lied about approving amendments to the state's tribal gaming compacts. The Connecticut...
Galaxy Entertainment Not Folding on Boracay Casino Despite Philippines President Rodrigo Duterte Order
Galaxy Entertainment Vice Chairman Francis Lui says the Hong Kong company isn't ready to concede its plans to build a casino resort on the Philippines' vacation island of Boracay. Galaxy has proposed a $500 million...
DraftKings, Caesars Entertainment Reach Multistate Mobile Sports Betting and Online Gaming Partnership
DraftKings is giving Caesars Entertainment an equity position in the interactive gaming tech company in exchange for the right to be the casino operator's mobile sports betting and online gaming provider in certain states. The...
