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Devin O'Connor
8590 stories by Devin O'Connor
Michael Bloomberg Prepared to Outspend Sheldon Adelson to Block President Trump Re-Election
Billionaire Michael Bloomberg is preparing to spend $500 million to make sure President Donald Trump doesn't win re-election. That won't sit well with Las Vegas Sands CEO Sheldon Adelson, who was the top political donor...
China Lowers Economic Growth Target, Macau Casinos Prepare for Slowdown
China has lowered its economic growth target for 2019 to 6-6.5 percent, which would be the country's lowest expansion in 29 years. As a result, Macau casinos are bracing for a slowdown. The People's Republic...
Showtime Announces Four-Part Sports Betting Docuseries ‘Action’
Showtime Sports Documentary Films will air a four-part docuseries next month that focuses on the world of professional sports betting. "Action" chronicles the lives of professional gamblers and sports bettors, handicappers, and oddsmakers. One of...
US Domestic Commercial Casinos Win Record $42.7B in 2018
Domestic commercial casinos in the United States won nearly $42.7 billion last year, a roughly four percent increase on 2017 and the gaming industry's highest total ever. The Adams Revenue Revue, prepared by Reno-based gaming...
Osaka Prefecture Officials Say Interested IR Operators Will Need $8.5B
Officials in the Osaka prefecture and capital city say interested casino operators hoping to bid with the region for one of the three federal integrated resort (IR) licenses will need a capital investment of $8.5...
Analysts Say MGM Resorts Benefiting From Higher Las Vegas Strip Room Rates
JPMorgan and Credit Suisse analysts say MGM Resorts is benefitting in 2019 from higher room rates at several Las Vegas Strip properties. The two financial services firms say in a note published Monday that room...
Arkansas Casinos Could Help State Highways After All, Gov. Includes Gaming Revenue in $300M Funding Plan
Four Arkansas casinos were authorized under a voter referendum that passed last fall, and now it appears some of the new forthcoming tax revenue generated by the gaming floors could be used to help repair...
Macau Visitor Arrivals Up 27 Percent During Chinese New Year, More Than 1.2M Tourists Travel to Enclave
Macau visitor arrivals and gross gambling revenue (GGR) don't necessarily go hand in hand, but a 27 percent tourism surge during the Chinese New Year is certainly good news. The Macau Government Tourism Office (MGTO)...
Phil Mickelson Back in Pebble Beach Winner’s Circle, Lefty Rewards Bettors Who Took 25/1 Odds
Phil Mickelson has won the AT&T Pebble Beach Pro-Am for a record fifth time, a mark that ties him with Mark O'Meara. Lefty entered the week at 25/1 odds to win the tournament. The favorite...
Mohegan Tribal Council Chairman Kevin Brown Resigning, as Connecticut Casino Battle Continues
Mohegan Tribal Council Chairman Kevin Brown has announced his resignation, and it comes at a critical period, as the Native American group fights to protect its precious gaming dollars. Connecticut State Sen. Cathy Osten (D-Sprague)...
