7781 stories by Devin O'Connor
LAPD Raid Alleged Illegal Gambling Den in Los Angeles, More Than 35 Arrested
The LAPD used its SWAT unit last Friday to raid a business in downtown Los Angeles where illegal gambling, prostitution, and drug trafficking was allegedly occurring. Law enforcement authorities say at least 35 people were arrested in the sting. After one individual...
Macau Casino Revenue Grows Two Percent in May, But Analysts Express Trade War Fears
Casino revenue in Macau was up 1.8 percent last month, but gaming industry analysts are concerned over the ongoing US-China trade war and how it will ultimately impact the world's richest gaming hub. Gross gaming revenue (GGR) totaled 26 billion patacas ($3.2...
NBA Finals Odds: Golden State Warriors Big Favorites After Tying Series
The NBA Finals are all square after two games, and Las Vegas oddsmakers feel the two-time defending champion Golden State Warriors are the heavy favorites in what's become a best-of-five series against the Toronto Raptors. After trailing 59-54 at the half, the...
Family of Wisconsin Casino Shooter Who Died in Prison Awarded $6.75M
The family of the Wisconsin casino shooter who fired shots at gaming patrons in April 2016 and later died in a prison due to severe dehydration has been awarded a $6.75 million settlement package. The estate of Terrill Thomas, 38 when he...
Connecticut Tribes and Bridgeport Officials Discussing $350M Casino Resort
Connecticut's two tribes and officials in Bridgeport are in discussions to bring a $350 million integrated casino resort to the seaport city. The Connecticut Post broke the news that Bridgeport Mayor Joe Ganim (D), several state legislators, and tribal officials representing the...
Arkansas Casino Application Deadline Passes, Five Proposals Submitted for Pope County, One for Jefferson
Arkansas casino proposals for the state's two commercial gaming licenses needed to be submitted by the close of business yesterday, and officials say they received five applications for Pope County, and one for Jefferson County. Gulfside Casino Partnership submitted the first casino...
MGM Resorts Announces Second Round of Layoffs, 1,033 Positions Now Eliminated
MGM Resorts is meeting with 557 employees today to inform them their services are no longer needed. It's the second round of layoffs in as many months for the casino giant that is Nevada's largest employer. Last month, MGM eliminated 254 managerial...
GVC Holdings CEO Kenneth Alexander Slashes Salary by $188K, Base Pay Still $1M
GVC Holdings CEO Kenneth Alexander has announced a reduction in his base pay in what's being viewed as an effort to appease disgruntled investors ahead of next week's annual shareholder meeting. Alexander volunteered to have his basic salary reduced from £950,000 to...
Billionaire James Packer Selling Melco Resorts 20 Percent Stake in Crown for $1.22B
Melco Resorts has entered into an agreement to purchase a nearly 20 percent ownership stake in Australian casino giant Crown Resorts in a deal that's valued at $1.22 billion. Less than two months after Wynn Resorts withdrew an offer to buy Crown,...
Sands Bethlehem Casino Sale to Alabama Tribe Approved by Pennsylvania Gaming Regulators
The $1.3 billion sale of Sands Bethlehem to a Native American tribe based in Alabama has been approved by the Pennsylvania Gaming Control Board (PGCB). The PGCB unanimously signed off on the ownership change from Las Vegas Sands to the Poarch Band...
