7779 stories by Devin O'Connor
Kentucky Derby $600K Win Voided by William Hill Sportsbook, Bettor Appealing Nevada GCB
The Kentucky Derby will long be remembered for its historic disqualification, but one bettor who was denied a $600,000 payout will remember it for another reason, too. Earlier this month, stewards at Churchill Downs ruled that Maximum Security -- the first horse...
MGM Springfield GGR Plummets 15 Percent in April, Casino Nearly $100M Short of Expectations
Massachusetts' MGM Springfield reported a month-to-month 15 percent gross gaming revenue (GGR) decline for April, but company officials aren't overly concerned with the $960 million integrated casino resort's performance. Financial data supplied by the Massachusetts Gaming Commission (MGC) shows that the casino...
US William Hill Sports Betting Operations Keep UK Bookmaker in the Black
William Hill would have recorded a net revenue loss January through April if it hadn't been for the company's operations in the recently liberalized US sports betting market. Retail revenue at William Hill's 2,372 betting shops throughout the United Kingdom fell seven...
MGM China CEO Grant Bowie Confident in Macau Despite US-China Trade War
MGM China CEO Grant Bowie told reporters this week that he remains bullish on Macau's economy and gaming industry despite the ongoing trade war between the United States and China. Speaking with reporters at the Nam Van Lake Nautical Center where regional...
Caesars Entertainment CEO Tony Rodio Tenure Could Be Short, as Potential Suitor Eldorado Resorts Wants Corporate Costs Reduced
Caesars Entertainment CEO Tony Rodio's days leading the casino giant could be short-lived, as potential buyer Eldorado Resorts wants to slash corporate costs if an acquisition is made. Sources close to the negotiations who spoke with the New York Post claim Eldorado...
PGA Championship Odds Offer Something for Every Sports Bettor, Tiger Woods Remains Favorite
The PGA Championship tees off tomorrow at Bethpage State Park's Black Course on Long Island, New York, and Las Vegas oddsmakers have a bounty of lines on every golfer in the 156-player field. Tiger Woods is the favorite at the Westgate SuperBook...
Gaming Industry CEOs Receive Reduced Pay in 2018, as Stocks Tumbled in Second Half of Year
The CEOs of the gaming industry's largest players in the US saw their salaries decrease last year, as their stocks took a hit in the latter half of 2018. The Las Vegas Review-Journal reports that five of the six examined companies paid...
Atlantic City Casinos Win $250.7M in April, MGM Resorts Developing Marina District Condos
Atlantic City casinos won more than $250.7 million in land-based, online, and sports betting gross gaming revenue (GGR) last month, which is a nearly 17 percent year-over-year gain. The beachfront town's nine brick-and-mortar casinos reported GGR of $207.58 million from slots and...
MGM Resorts Officially Announces Japan IR Partnership With Orix
The first Japan IR (integrated resort) consortium has officially been unveiled, and comes from MGM Resorts and financial services firm Orix. News of the partnership surfaced in late March, but it was only this week that MGM Japan CEO Ed Bowers officially...
Caesars Entertainment Named in Antitrust Probe, Lawsuit Claims Expedia Coordinated Hotel Advertising Conspiracy
Caesars Entertainment has been named in an antitrust lawsuit that alleges Expedia conspired with hoteliers including the casino giant in an online advertising scheme. Four state attorneys general allege that Expedia Group and several hotel chains orchestrated a scenario that banned certain...
