7779 stories by Devin O'Connor
Carl Icahn Afforded Three Caesars Entertainment Board Seats, Billionaire Urges Company Sale
Carl Icahn has been given three seats on the board of Caesars Entertainment after the billionaire corporate raider acquired a nearly 10 percent stake in the financially distressed casino operator. Caesars confirmed the appointments in a press release naming Icahn Enterprises CEO...
Macau Casinos Rebound With 4.4 Percent February Gain, Win Totals $3.14B
Macau casinos bounced back from a disappointing January with a 4.4 percent gross gaming revenue (GGR) win in February. Casino win across the enclave totaled nearly $3.14 billion. The month followed a five percent loss to begin 2019 that saw gaming floors...
President Trump Walks Away From Kim Summit, Political Odds Correctly Predict Outcome
Political odds on the outcome of the summit between US President Donald Trump and North Korea Supreme Leader Kim Jong Un largely went the way in which bettors predicted. Prior to the historic meeting – the second between the two leaders –...
Nevada Casinos Begin 2019 Slow, January Gross Gaming Revenue Down Three Percent
Nevada casinos reported gross gaming revenue (GGR) for January was $984.5 million, a three percent year-over-year decline. Clark County won $532.2 million, which is a more than four percent decline on the same month a year ago. The Las Vegas Strip fell...
New Jersey Online Gamblers Detect Slot Flaw, Win Nearly $1M But Casinos Slow to Pay
Online gamblers in New Jersey detected a flaw in the popular interactive slot game "Ocean Magic," and used the defect to their advantage to win nearly $1 million. NJ Online Gambling talked to two players who – along with several others –...
MLB Teams With Sportradar to Distribute Real-Time Statistics to Sports Betting Operators
Major League Baseball (MLB) and Sportradar have reached a multiyear partnership that gives the latter company exclusive access internationally to distribute the league's real-time statistics to sports betting operators. In the US, Sportradar will have the same access to stream information to...
IMF Analysts: Macau Gaming Regulators Should Force Casinos to Reduce VIP Reliance During Renewal Period
Macau gaming regulators could require the enclave's licensed casino operators to reduce their reliance on high roller VIPs during the upcoming permit renewal period. Analysts at the International Monetary Fund (IMF) conclude in their annual economic review of the Chinese Special Administrative...
Bloomberry Resorts Named in US Civil Legal Action Regarding Alleged Role in $81M Bangladesh Bank Heist
Bloomberry Resorts, the parent company to the Solaire Resort and Casino in Manila, Philippines, has been named in a civil legal action filed in the United States for its alleged role in an $81 million bank heist. In 2016, the Bangladesh Central...
PGA Tour Now Allows Casinos and Gaming Companies to Advertise During Tournaments
The PGA Tour has amended its marketing regulations to permit companies in the gaming industry to advertise and become Official Marketing Partners (OMPs) for all six tours overseen by the game's governing body. The change comes less than a year after the...
Las Vegas Odds Say LeBron’s Lakers Will Miss NBA Playoffs, Would Be First for NBA Superstar Since 2005
Las Vegas odds have LeBron James and his Los Angeles Lakers missing the NBA Playoffs. It would be the first time the superstar sat out the postseason since 2005. The Westgate SuperBook has the 29-31 Lakers at +275 to make the postseason....
