7779 stories by Devin O'Connor
Las Vegas Casino Execs Pressure Congress to Forgo Funding for Yucca Nuclear Waste Repository
Numerous Las Vegas casino executives are calling on Congress to forgo funding for the Yucca Mountain nuclear waste depository some 90 miles northwest of the gambling mecca. President Donald Trump's current budget proposal for the Department of Energy (DOE) includes $116 million...
‘Jeopardy!’ Win Streak Continues for Las Vegas Sports Bettor, James Holzhauer Now Second All-Time Winningest Player
"Jeopardy!" player James Holzhauer – a self-described professional sports bettor in Las Vegas – has now won more than $460,000 in just eight games, which makes him the gameshow's second all-time winningest player. Holzhauer's historic streak has been unlike anything ever seen...
Las Vegas Strip Casinos Feel Revenue Pinch From Airbnb Growth
Casinos on the Las Vegas Strip are estimated to have lost around $150 million in room revenues due to accommodations booking service Airbnb. In a study conducted by Telsey Group Advisory – a research firm headquartered in New York City – casino...
Atlantic City Gaming Revenue Increasing Despite Casinos’ Reduced Profits
Atlantic City casinos are winning more money than they have in previous years, but the resorts are continuing to see their gross operating profits decline. The New Jersey Division of Gaming Enforcement (DGE) reveals gross gaming revenue (GGR) in March totaled $293.96...
Pennsylvania Casino Plan Divides Conservative Amish Community, Gaming Opponents Say ‘Deal With Devil’
A Pennsylvania casino plan in a rural conservative community with Amish residents has plenty of opponents who are trying to block the gaming venue from being built. Penn National Gaming – the oldest casino operator in the Keystone State – last year...
Tiger Woods Masters Victory Major Loss for Sportsbooks, Bettor Wins $1.19M
Tiger Woods won his fifth green jacket on Sunday, and the 15-time major winner's storied comeback delivered oddsmakers a devastating result. The most notable bet was an $85,000 wager made through William Hill at 14/1 odds. With Woods' victory Sunday, the ticket...
Foxwoods Developing Social Media-Worthy Resort Experiences Amid Changing Customer Attitudes
Foxwoods Resort Casino is embracing changing patron behaviors by developing new gaming and entertainment attractions that ideally creates a more social environment throughout the Connecticut destination. In October, Foxwoods – owned by the Mashantucket Pequot tribe – hired gaming industry veteran Anika...
Masters Odds: Tiger Woods Favorite in Bunched Leaderboard Heading Into Weekend Play
The Masters heads into the weekend with a jam-packed leaderboard, as five players are tied for the lead at -7 par. Francesco Molinari, Jason Day, Brooks Koepka, 2013 Masters champ Adam Scott, and Louis Oosthuizen sit atop the leaderboard. But there are...
Casino Union Concerned With Hedge Funds Obtaining Significant Stakes in Gaming Companies
The largest casino union in the nation met with gaming regulators in several states this week to express the trade group's concerns regarding hedge funds and private equity groups amassing considerable ownership positions in the industry. Unite Here – the union that...
Las Vegas Saw Fewer First-Time Visitors in 2018, But Repeat Visitation Increases
The Las Vegas Convention and Visitors Authority (LVCVA) released its 2018 Visitor Profile Study this week, and there are several unforeseen findings. The LVCVA hired GLS Research – a San Francisco-based analytical firm – to compile the annual report. The 2018 Visitor...
