7779 stories by Devin O'Connor
MGM Resorts Named Official Casino Partner of Boston Red Sox
MGM Resorts has reached an agreement with the Boston Red Sox to become the baseball team's "official and exclusive resort casino." A press release reveals that the partnership is a multi-year arrangement that will allow the casino operator to have a strong...
All Six Macau Casino Operators Increase Employee Wages in 2019
The six Macau casino licensees in the enclave have all increased wages for employees following the region's second consecutive year of growth. MGM China – MGM Resorts' operating unit in the enclave – announced this week that salaries for non-management workers would...
New Jersey Considering Increasing Penalties on Sportsbooks Accepting Prohibited Bets
New Jersey sportsbooks are not permitted to offer odds on collegiate events that involve teams based in the state. If they do, one lawmaker says they should face more consequential penalties than what are currently on the legal books. Assemblyman Ralph Caputo...
Net Worths of Gaming Industry Billionaires Decreased $9.3B Last Year, Industry Lands 26 People on Forbes List
The gaming industry is responsible for 26 of the world's 2,153 billionaires. That's according to Forbes, which this week published its annual list of the richest people ranked by their estimated net worths. Las Vegas Sands founder and CEO Sheldon Adelson once...
Carl Icahn Increases Caesars Entertainment Stake, Billionaire Now Owns 15.6 Percent of Casino Empire
Carl Icahn is upping his investment in Caesars Entertainment. The billionaire corporate raider now controls more than 15 percent of the casino company. Filings disclosed this week with the Securities and Exchange Commission (SEC) reveal that Icahn now owns 105 million shares...
MLB Teams Must Send Lineups to League Office Prior to Being Made Public, Effort to Protect Game Integrity
Major League Baseball (MLB) teams will be required to send the league their starting lineups at least 15 minutes before they are made public. The new mandate for this season comes as legal sports betting continues to expand across the country. MLB...
Elon Musk Envisions Underground Transportation Network for Las Vegas Convention Center
Elon Musk could soon receive a contract worth as much as $55 million to build an underground transportation network below the Las Vegas Convention Center. On Wednesday, officials at the Las Vegas Convention and Visitors Authority (LVCVA) recommended that the city hire...
American Gaming Association Says Industry Needs Modernized, New Technologies Embraced
The American Gaming Association (AGA) says new technological advances must be embraced by the gaming industry, as the sector approaches its maturation point. In a white paper released this week, the AGA covers three case studies discussing relevant innovations that should be...
Beijing Wants Macau to Strengthen Regulatory Oversight of Gaming Industry
Beijing officials have instructed the Macau government to strengthen its gaming industry oversight and better manage its economy. Macau Liaison Office Director Fu Ziying represents the enclave in the Central People's Government in Beijing. He held the first of two meetings this...
MGM Resorts Might Replace Certain Jobs With Automated Technologies
MGM Resorts announced this week that it is considering reducing a certain number of jobs at its Las Vegas Strip properties that could be performed by automated technologies. For example, the casino operator might replace back of house bartenders with beverage stations...
