7780 stories by Devin O'Connor
Las Vegas Casinos Continue to Struggle, Push Statewide Gaming Revenue Down 1.8 Percent
Las Vegas casinos are struggling through the first four months of the year, and the Strip's reduced gross gaming revenue (GGR) is hurting the industry statewide. Data released this week by the Nevada Gaming Control Board (NGCB) reveals that GGR on the...
Harrah’s New Orleans Wins 30-Year Extension, Casino to Invest $325M in Upgrades
Harrah's New Orleans, the state's only land-based casino, has been granted a 30-year license extension by Louisiana lawmakers in exchange for $325 million in property upgrades. Following approval in the state House, legislation that will extend the casino's operating license until 2054...
Massachusetts Lawmakers Begin Sports Betting Discussions, State Casinos Say Sportsbooks Critical
Lawmakers in Massachusetts began two days of discussions on Tuesday to decide whether to legalize sports betting across the commonwealth. The Massachusetts legislature's Joint Committee on Economic Development and Emerging Technologies is hosting the hearings. The 20-member panel is tasked with considering...
US-China Trade War Continues Punishing Gaming Industry Stocks
The ongoing trade war between the United States and China continues to hurt gaming industry stocks, especially those companies invested in Macau. Las Vegas Sands, Wynn Resorts, and MGM Resorts are the three US-based casino operators that have properties in Macau, the...
Macau Unemployment Rate Just 1.7 Percent, as Gaming Industry Continues Hiring Spree
Macau is the world's richest gambling mecca, and the gaming industry is providing plenty of well-paying jobs for locals. Data released this week by the Special Administrative Region's (SAR) Statistics and Census Service reveals that unemployment between February through April fell 0.2...
Greece Extends Bidding Period for Athens Casino, US Gaming Operators Losing Interest
Greece announced this week that the bidding period for its lone Athens casino license is being extended by a month, with the new deadline now June 28. The delay is the latest setback for the capital city's redevelopment following the country's post-bailout...
Japanese Billionaire Kazuo Okada Sues Own Family Over Tiger Resort Removal
Japanese billionaire Kazuo Okada is suing his estranged wife and son, as well as several current and former Tiger Resort officials, over his 2017 removal from the gaming company he founded. Okada, 77, founded Universal Entertainment 50 years ago, but was removed...
Japan Casino Resorts Could Cost Nearly $12B, as Gaming Companies Up Bid Antes
The three Japan casino resorts expected to be authorized in the coming months by the federal government will come with lofty price tags, as the world's largest gaming operators up their antes to win one of the coveted licenses. Osaka and Yokohama...
Las Vegas Sands Uninterested in Rural Japan Casino Resort, President Trump Visits Prime Minister Abe
Las Vegas Sands is considered a frontrunner for one of the three forthcoming integrated casino resort licenses in Japan, but the company is only interested in building such a multibillion-dollar complex if it's in a large city. Speaking with GGRAsia, the online...
Las Vegas Stadium Adding 20 Additional Suites in Effort to Boost Super Bowl Candidacy
The $1.8 billion Las Vegas stadium that will become home of the NFL Raiders next year is adding 20 additional suites in hopes of better appealing to the league to win hosting rights for an upcoming Super Bowl. Las Vegas Stadium Co....
