8322 stories by Devin O'Connor
Oracle Billionaire Larry Ellison Intends to Reopen Cal Neva as Five-Star Casino Resort
If you thought billionaire Larry Ellison was going to scrimp on the next chapter of the historic Cal Neva casino resort, think again. The Oracle founder has told the Lake Tahoe Regional Planning Agency that the idea is to bring the Lake...
Atlantic City Employment Drops as Colder Temperatures Arrive
Atlantic City employment numbers continue to drop at the town's nine casino resorts. That's expected, as temperatures cool off and fewer visitors make their way to the Jersey Shore. According to September figures released by the New Jersey Division of Gaming Enforcement...
MGM Resorts Delivers Las Vegas Some Good News, Beats 3Q Expectations
MGM Resorts topped its own and analyst expectations in the third quarter, and the financial filing is delivering some much-needed good news to the Las Vegas gaming industry. In the quarterly report released yesterday, MGM said revenue increased seven percent to $3.03...
Tiger Woods vs. Phil Mickelson PPV Price Set at $19.99, Odds Favor 14-Time Major Champ
Tiger Woods and Phil Mickelson will go head-to-head next month at MGM Resorts' Shadow Creek Golf Course in Las Vegas in a winner-take-all $9 million match, and viewers can watch for just $19.99. Turner Broadcasting announced this week that the pay-per-view event...
Caesars Entertainment Acquisition Rumors Continue, MGM Resorts Mulling Takeover
The future of Caesars Entertainment is as unclear as ever, as another company is rumored to be interested in acquiring the large casino giant that recently exited bankruptcy. The New York Post claims MGM Resorts is the latest casino operator to be...
Encore Boston Harbor Fate to Be Decided By Year End, Massachusetts Regulators Will Rule in December
The fate of Encore Boston Harbor will be determined before the end of the year, as the Massachusetts Gaming Commission (MGC) said this week that its investigation into the suitability of Wynn Resorts is approaching a conclusion. The MGC directed its Investigations...
Lottery Hysteria Continues in US, Powerball Hits Estimated $750M
The Powerball lottery jackpot has reached an estimated $750 million after no players correctly selected the five white balls and one Powerball during Thursday night's drawing. At $750 million, the jackpot would be the fourth largest lottery prize in US history. The...
New Jersey Sports Betting Highlights Why Atlantic City Officials Strongly Oppose Casino Expansion
Nearly half of New Jersey sports betting revenues are being generated outside Atlantic City at the state's two horse racetracks, the Meadowlands in East Rutherford, and Monmouth Park in Oceanport. Six Atlantic City casinos now have sports betting operational, but the two...
Wynn Las Vegas Dealers Win Tip-Sharing Fight, Casino Overhauls Rules Set by Company Founder
Dealers at Wynn Las Vegas will soon no longer be required to share their tips with other casino floor workers after the company changed its rules that were set more than a decade ago by its disgraced founder. A year after Wynn...
Odds Favor Las Vegas Sands, MGM Resorts for Japan Casino Licenses
Las Vegas Sands and MGM Resorts are the odds-on favorites for integrated casino resort licensure in Japan, a leading gaming analyst said in a note issued this week. Morningstar senior equity analyst Dan Wasiolek believes the two casino operators based in Las...
