7779 stories by Devin O'Connor
Blackstone Planning IPO for Spanish Casino Giant Cirsa, Private Equity Group Invests in Superbet
The Blackstone Group, one of the world's largest private equity firms that has long been invested in the gaming industry, is considering an IPO offering for its Spanish casino giant Cirsa. The New York-based asset management and investment firm acquired Cirsa in...
US Gaming Industry Exposure to China Drives Stocks Down Amid Trade War
The US gaming industry is feeling the consequences of the escalating trade war with China, as both countries impose hundreds of billions of dollars in tariffs. With China unwilling to compromise on a trade deal with the US, President Donald Trump elevated...
Tiger Woods PGA Championship Favorite, 15-Time Major Winner at 10/1 to Win at Bethpage Black
Tiger Woods arrives on Long Island, New York, this week as the Las Vegas favorite to win the 101st PGA Championship. Played at Bethpage State Park's Black Course, the 15-time major winner is at 10/1 to hoist the Wanamaker Trophy come Sunday...
Macau Official Says Enclave Government Considering New Gaming Licenses
The Macau government is considering issuing new gaming concessions through a public tender process that could expand the number of casino operators throughout the enclave. Macau Secretary for Economy and Finance Lionel Leong Vai Tac broke the news to GGRAsia, the online...
Wynn Resorts Contemplating Appeal Over $35.5M Fine Levied by Massachusetts Gaming Commission
Wynn Resorts officials say they are reviewing an appeal of their $35.5 million in fines issued against the company by the Massachusetts Gaming Commission (MGC). The state gaming regulator announced the fines earlier this month for the company's alleged failure to properly...
2020 NFL Draft in Las Vegas Spikes Hotel Rates, Strip Rooms Soar More Than 1,000 Percent
If you're interested in attending the 2020 NFL Draft in Las Vegas, be prepared to shell out some major bucks for a hotel room. The Hard Rock is already sold out, and rooms are going quickly along the Strip. Demand is of...
Atlantic City Officials Optimistic Regarding Tourism Indicators, Hospitality and Gaming Industries Strong
Atlantic City was a beneficiary of increased tourism throughout New Jersey last year, and area officials believe the beachfront town is positioned well to only grow its gaming and hospitality industries in the years ahead. The New Jersey Division of Travel and...
‘Kind Heaven’ Construction Hell Delays Opening at LINQ Las Vegas Until Spring 2020
"Kind Heaven," the entertainment gaming complex being developed by Immersive Artistry at Caesars Entertainment's LINQ casino resort in Las Vegas, is being delayed due to construction setbacks. The Southeast Asia-themed attraction being developed in conjunction with Jane's Addiction frontman and Lollapalooza music...
Wynn Resorts Misses Revenue Expectations, Elaine Wynn Says She’s Not Leaving Casino Giant
Wynn Resorts failed to meet Wall Street revenue expectations in the first three months of the year. Operating revenue totaled $1.65 billion January through March – a four percent decline compared to the previous year – and short of the $1.67 billion...
Pennsylvania Bill That Would Allow Counties to Prohibit Truck Stop Gambling Advances
A Pennsylvania bill that would allow counties to opt out of allowing video gaming terminals (VGT) at truck stops located within their jurisdictions has advanced through a Senate committee. Senate Bill 87 – introduced by Sen. Scott Martin (R-Lancaster County) in January...
