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7664 stories by Devin O'Connor
Shuttered Lucky Dragon Las Vegas Has Interested Buyers
The $165 million Lucky Dragon in Las Vegas, the casino resort that opened in November 2016 only to close less than two years later in in October 2018, reportedly has several interested buyers. CDC Gaming Reports caught up with CBRE executive Michael...
Atlantic City Casinos Record Highest Win Since 2013, Statewide Gaming Revenue Totals $2.9B
Atlantic City casinos capped off December in style with gross gambling revenue (GGR) jumping nearly 20 percent. For the year, the nine casinos won more than $2.85 billion from their land-based, online, and sports betting operations. That's their best performance in five...
Casino Stocks Performing Far Worse Than Indexes, But Analysts Remain Bullish on Gaming Industry
Casino stocks have suffered losses much greater than that of many Wall Street general indexes over the past 12 months, but financial analysts remain bullish on numerous gaming companies. The Vaneck Vectors Gaming ETF (exchange-traded fund) is down 26 percent since this...
Maryland Casino Revenue Surges Eight Percent in 2018, MGM National Harbor Pays for Jackpot Error
Maryland casino gross gambling revenue (GGR) jumped 8.2 percent in 2018 to nearly $1.75 billion. That's the state's all-time best. Five of Maryland's six casinos won more money in 2018 than in the previous year. The lone exception was the Horseshoe Casino...
Billionaire Carl Icahn Returning to Gaming Industry With Caesars Entertainment Investment
Carl Icahn, the billionaire activist investor who sold Tropicana Entertainment last year and retains ownership of Trump Entertainment Resorts, is said to be building a substantial stake in Caesars Entertainment. CNBC said last week that while the size of Icahn's Caesars investment...
NFL Favorites Cover Spreads, New Orleans Saints Shortest Odds of Final Four
The NFL Playoffs Divisional Round went as oddsmakers planned: all four home team favorites won. On Saturday and Sunday, the Kansas City Chiefs, Los Angeles Rams, New England Patriots, and New Orleans Saints all took care of business at home. The Philadelphia...
NFL Odds Favor Home Teams in Playoffs Divisional Round, Saints Coach Motivates Players With Money
The NFL odds for this weekend's Divisional Round favor all four home teams. The Kansas City Chiefs, Los Angeles Rams, New England Patriots, and New Orleans Saints are all expected to top their opponents and advance to the Conference Championships. The largest...
Derek Stevens Announces Circa Las Vegas Resort and City’s Largest Sportsbook
Derek Stevens, the flamboyant owner of the D Casino and Golden Gate in downtown Las Vegas, unveiled plans this week for a 777-room hotel resort that will be known as Circa. After months of speculation, Stevens announced the name and integrated resort...
Virginia Casino Bill Introduced on First General Assembly Session Day
A Virginia casino bill has been introduced on the very first day of the state's 2019 General Assembly session to legalize gaming venues in qualified towns where local voters pass accompanying referendums. House Bill 2536 – introduced by Delegate Israel O'Quinn (R-Bristol)...
MGM National Harbor Enters Wrong Social Security Number, Annuls Woman’s Jackpot Payout
MGM National Harbor in Maryland is apologizing to a patron after casino staff wrongly entered her Social Security number and annulled a substantial slot machine jackpot win. Cynthia Obie tells FOX 5 DC that when she went to the cage to cash...