7893 stories by Devin O'Connor
Mashantucket Pequot Tribe Re-Elect Rodney Butler Chairman Amid East Windsor Casino Chaos
The Mashantucket Pequot Native Americans have re-elected Rodney Butler to the position of tribal council chairman, as the group continues to fight for a satellite casino in East Windsor, Connecticut. Butler has been in the role since 2009. It will be his...
Political Odds Beat Polls Again, Online Bettors Correctly Predict Midterm Elections, Steve Sisolak Nevada Gubernatorial Win
Political odds once again proved more accurate than the polls in several key Midterm Election Day races. As it relates to the gaming industry, no vote was more critical than the Nevada gubernatorial, and online bettors got it right that Clark County...
Genting Malaysia Stock Plummets After Finance Minister Increases Casino Fees
Genting Malaysia is in crisis mode after the gaming company's home country announced a substantial tax increase on casino operations. Malaysian Finance Minister Lim Guan Eng shocked Genting shareholders late last week when he announced in his budget address that tariffs on...
Maryland Casinos Enjoy Record Win, Could Give Virginia Lawmakers More Reason to Legalize Gambling
Maryland casinos won $157.96 million last month to mark a new monthly all-time record haul in state gaming history. The bounty marked an 18.6 percent increase on October 2017 when the state's six casinos won $133.23 million. The new monthly record surpassed...
Election Day 2018: Where Votes Matter for Gaming Industry
Election Day 2018 is here, and the outcomes of several votes have the potential to greatly impact the future of the gaming industry in the United States. Nevada residents will elect their next governor today, with either state Attorney General Adam Laxalt...
Nevada Regulators to Consider Gambling Inside Las Vegas Raiders Stadium
The Nevada Gaming Control Board (NGCB) will decide whether to recommend that certain forms of gambling be permitted inside the forthcoming $1.8 billion Las Vegas Raiders stadium when it opens in 2020. When Senate Bill 1, the Southern Nevada Tourism Improvements Act,...
Virginia Casino Blueprint Unveiled, Developers Urge State Lawmakers to Authorize Project
Developers behind the Virginia casino planned for Bristol in the southwest part of the state have unveiled their resort concept, but warn that without approval from state lawmakers, the project that would create thousands of jobs won't move forward. Should the Virginia...
NFL Week 9 Bloody Sunday for Sportsbooks, Bettors Win $7M to $10M
Week 9 of the NFL season was a bad day for oddsmakers but a good one for bettors, as numerous casinos and operators reporting massive losses due to several popular teams covering their spreads. The Pittsburgh Steelers, Minnesota Vikings, and Kansas City...
MGM Resorts and Caesars Entertainment Continue Merger Talks, Alignment Would Create $50B Company
MGM Resorts and Caesars Entertainment are reportedly continuing their discussions on potentially merging the two casino giants. Talking with sources close to the negotiations, New York Post journalist Josh Kosman says there is no formal offer on the table. However, MGM has...
Atlantic City Credit Rating Upgraded, But Remains Below Investment Grade
Atlantic City's long-term issuer credit rating is being upgraded by Moody's Investors Services from Caa3 to B2. While that's good news for the region, the new classification is a mark that still ranks below "investment grade." Moody's defines B2 as "being speculative...
