7781 stories by Devin O'Connor
New Jersey Gaming Regulators Mulling Whether Nine Atlantic City Casinos is Market Saturation Point
Gaming regulators in New Jersey are trying to determine if Atlantic City, a nine-casino town since last June, has reached its market saturation point. If the market is indeed at its saturation point, regulators could cap licenses in an effort to afford...
Justice Department: Lotteries Not Immune From Wire Act, But DOJ Says ‘No Credible Threat of Prosecution’
The US Department of Justice (DOJ) said in a federal court filing Thursday that state lotteries and interstate games such as Mega Millions and Powerball are not exempt from the legal interpretations of the 1961 Wire Act. The New Hampshire Lottery Commission...
MGM Resorts Announces 254 Managerial Layoffs Days After Being Named to ‘Best Large Employer’ List
MGM Resorts is terminating 254 managers, as Nevada's largest employer continues to cut overhead in an effort to save $100 million by the end of the year. The Las Vegas Review-Journal says a memo was released Thursday to employees notifying them of...
Harrah’s New Orleans Expected to Receive 30-Year License Extension in Exchange for $325M Investment
Harrah's New Orleans, the only land-based casino in Louisiana, is expected to receive a 30-year license extension from the state before the legislature adjourns in June. But under the current legislation being pushed through, it will come at a hefty cost. House...
New Jersey Sports Betting Handle Could Overtake Nevada Next Year
Full-scale sports betting was prohibited everywhere in the US not named Nevada prior to last May's historic ruling from the Supreme Court that said the longstanding federal ban violated the Constitution. Less than a year later, and New Jersey is poised to...
Betting on Former VP Joe Biden? His Presidential Announcement Could Impact 2020 Odds
Former VP Joe Biden is expected to officially announce his candidacy for the nation's highest office later today. Sources close to the Democrat say the news will be released via online video, and a fundraiser will be held this evening in Philadelphia....
Historical Horse Racing Goes Live at Virginia’s Colonial Downs, Slot-Like Machines Attract Large Crowd
Historical horse racing (HHR) went live Tuesday at the Colonial Downs racetrack in New Kent, Virginia, and the slot-like gaming devices spurred hundreds of patrons to the opening day festivities. An estimated 500 people arrived at the horse racetrack centrally located between...
Hard Rock Proposes Arkansas Casino Resort in Pope County, But Residents Oppose Gambling
Hard Rock International – owned by the Seminole Tribe in Florida – and Warner Gaming, a Las Vegas-based casino operator, are partnering in hopes of obtaining licensure in Arkansas to build a resort in Pope County. Last November, Arkansans approved a constitutional...
$768M Powerball Winner Says Ticket Was Nearly Thrown Away, 24-Year-Old ‘Pretty Much Felt Lucky’
The $768 million Powerball winner almost wasn't, as a 24-year-old Wisconsin man says he almost accidentally discarded the ticket. Manuel Franco came forward Tuesday to claim his $768.4 million prize that he won on the March 27 drawing. Under Wisconsin law, lottery...
Pro Sports Bettor James Holzhauer Wins 14th ‘Jeopardy!’ Game, Quickest to $1M in Show History
Jeopardy! player James Holzhauer has won 14 consecutive games – and along with a myriad of single-day winning records – now has the distinction of being the quickest player to win more than $1 million on the television trivia show. It's officially...
