7589 stories by Devin O'Connor
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 analyst and consultant Ken Adams for CDC...
Oscars Odds Return to New Jersey Sportsbooks, ‘Roma’ Best Picture Favorite
Oscars odds are once again being offered at Atlantic City casinos and New Jersey sportsbooks, and "Roma" is the frontrunner to win the coveted Best Picture Academy Award. Late last month, the New Jersey Division of Gaming Enforcement (DGE) signed off on...
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 billion. The "Osaka IR Fundamentals Plan," released...
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 rates for the casino operator are between...
Powerful Chicago Alderman Pat O’Connor Says Time for City to Legalize Video Gaming Terminals
Longtime Chicago Alderman Pat O'Connor (D-40th Ward) says it's time for the city to embrace video gaming terminals (VGTs) and reap the financial benefits of regulated gambling. O'Connor, who is Chicago Mayor Rahm Emanuel's floor leader in the City Council, has been...
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 state roads. Arkansas Governor Asa Hutchinson (R)...
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) reveals that more than 1.2 million people...
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 was Dustin Johnson at 5/1. Bettors who...
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) broke the news that Brown was stepping...
Grammy Awards Betting Favorites Win Numerous Categories Including Record and Album of Year
The 61st Grammy Awards had a little something for everyone, and that led to heightened betting interest on who would win the biggest prizes in music. Unlike last year's ceremony where men largely dominated, which prompted Recording Academy President Neil Portnow to...
