7956 stories by Devin O'Connor
Ohio Casinos Set Revenue Records as Unseasonably Warm March Brings Gamblers Out of Hibernation
Ohio's four land-based casinos collectively won more than $81.7 million in March, the highest gross gaming revenue (GGR) in state history. Additionally, the state's six racetrack venues generated GGR totaling $96.4 million, also a new bar. Ohio separates its four commercial brick-and-mortar...
Atlantic City Casinos Report $723 Million Gross Operating Profit in 2017
The seven remaining Atlantic City casinos reported $723.2 million in 2017 gross operating profits from gaming, hotel, dining, and entertainment. The revenue refers to earnings before interest, taxes, depreciation and amortization (EBITDA). According to the New Jersey Division of Gaming Enforcement, all...
Wynn Resorts CEO Matt Maddox Reportedly Fielding Boston Casino Sale Inquiries, But No Guarantee License is Safe
Wynn Resorts CEO Matt Maddox is rumored to have engaged in "informal talks" regarding a potential acquisition of the company's $2.4 billion integrated casino resort near Boston, which is currently under construction. According to Bloomberg, a source who wished to remain anonymous said...
Masters Longshot Patrick Reed Scores Major Win for Las Vegas Sportsbooks
Patrick Reed was at 40/1 to win the Masters on Wednesday night. Sunday evening, he was donning the green jacket in Augusta, Georgia, after successfully fending off final round charges from some of the game's biggest stars. Jordan Spieth, who entered the...
Maryland Casinos Post Revenue Record in March, But Horseshoe Baltimore Struggles Continue
Maryland casinos have set a new monthly gross gaming revenue win record at $150,073,958. The March 2018 number represents a 6.3 percent increase on the previous year, and is nearly $9 million higher than the state's previous all-time mark of $141.1 million....
New Jersey Sports Betting Push Costs State $7.2 Million in Legal Fees
New Jersey's effort to allow sports betting at its Atlantic City casinos and state horse racetracks has cost roughly $7.2 million in legal fees since 2012. State lawmakers and attorneys are challenging the constitutionality of the federal Professional and Amateur Sports Protection...
MGM Resorts Takeover Offer of Wynn Resorts Rumored, Wynn CEO Matt Maddox Reported to Be Open to Possibility
Could MGM Resorts be considering an offer for rival gaming operator Wynn Resorts? That's the buzz now circulating in the wake of Steve Wynn's fall from grace and subsequent departure from the company in February, which left Matt Maddox in the top...
Connecticut GOP Gubernatorial Candidates Talk Casinos, Urge MGM and Tribes to Work Together
Nine Connecticut Republicans squared off in their fourth gubernatorial debate on Wednesday night, and the issue of gambling took center stage. With a complicated legal juggernaut facing lawmakers regarding an approved tribal satellite casino on non-sovereign land and a powerful commercial gaming...
Supreme Court Delay in Issuing Sports Betting Opinion Has Repeal Proponents Concerned
It's been four months since the Supreme Court of the United States (SCOTUS) heard arguments regarding the Professional and Amateur Sports Protection Act (PASPA) of 1992, the current federal law that prohibits sports betting in all but four American states. During the...
Nevada Gaming Control Board Recommends Regulatory Changes for Drunks, Stoners, and Sports Bettors
The Nevada Gaming Control Board (GCB) unanimously recommended changes to the state's regulatory laws this week that would modify how casinos treat impaired patrons, as well as how out-of-state sportsbook customers cash their winnings. On Wednesday, the three-member panel endorsed revisions to...
