7781 stories by Devin O'Connor
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...
Hard Rock Atlantic City Online Gaming Partner Fined $25K Over Illegal $29 Wager
The online gaming provider to Hard Rock Atlantic City mistakenly allowed a bettor located outside New Jersey to make a $29 wager. The incident led to a $25,000 fine. The New Jersey Division of Gaming Enforcement (DGE) levied the penalty against Gaming...
$100K Bet on Tiger Woods Winning Next Three Majors Would Return $10M, Masters Winner Behind Wager
If Tiger Woods is able to win golf's next three majors – the PGA Championship, US Open, and Open Championship – one bettor who has risked $100,000 on the unlikeliest of outcomes will net $10 million. Wisconsin native James Adducci was the...
Connecticut Governor Backs Bridgeport Tribal Casino, But Concedes No Gaming Expansion Legislation in 2019
Connecticut Governor Ned Lamont (D) said this week that while he supports allowing the state's two Native American tribes to build a casino resort in Bridgeport, he doesn't expect any gambling-related legislation to pass this year. The first-term governor responded to media...
New Hampshire Casino Legislation Dead, But Sports Betting Bill Progresses
The New Hampshire House of Representatives this week strongly rejected legislation to legalize two full-scale casino resorts by a vote of 289-63, but sports betting remains on the table. Senate Bill 310 – introduced by State Senator Lou D'Allesandro (D-Manchester) – would...
Royal Baby Name Archie Harrison Mountbatten-Windsor Shocks UK Oddsmakers, Bettors
Prince Harry and wife Meghan have named their royal baby Archie Harrison Mountbatten-Windsor. The atypical designation has delivered UK oddsmakers a massive victory. The baby boy was born on Monday at 5:26 am local time (BST) weighing 7lbs, 3oz. The prince made...
President Donald Trump Tweets Opposition to Tribal Casino Bill Backed by Sen. Elizabeth Warren
A congressional tribal casino bill in the US House of Representatives won't have the support of President Donald Trump should the legislation reach his Oval Office desk. House Bill 312 – introduced by Rep. Bill Keating (D-Massachusetts) in January that has the...
Melco Resorts Tops Earnings Expectations, Quarterly Income Totals $1.36B
Melco Resorts beat Wall Street expectations in the first quarter of 2019, as the casino operator reported $1.36 billion in revenue – or $0.28 per share. That's a 3.72 percent increase on the same three-month period in 2018. The general consensus among...
New Jersey AG Demands Answers From DOJ Regarding Billionaire Sheldon Adelson’s Wire Act Influence
New Jersey Attorney General Gurbir Grewal is suing the Department of Justice for allegedly failing to comply with Freedom of Information Act (FOIA) requests over the federal agency's recent Wire Act interpretation. Filed in the US District Court in New Jersey, Grewal...
