Areas of Expertise
7893 stories by Devin O'Connor
Atlantic City Casinos Unlucky in May, Revenue Plummets 5.1 Percent
Atlantic City casinos reported gross gaming revenue (GGR) losses of 5.1 percent in May, and without online gambling, things would have been even worse. Brick-and-mortar play in Atlantic City plummeted more than seven percent to $193.4 million, a loss of nearly $15...
‘Mr. Las Vegas’ Wayne Newton Increasing Security After Returning Home to Find Burglary in Progress: Part of Dramatic Crime Wave Across Valley
Perennial Las Vegas headliner Wayne Newton and wife Kathleen were the victims of a home invasion burglary Wednesday night, which they interrupted in flagrante. In response, the couple says they're now upping security measures at their residence. The Newtons returned to their...
Lawyers Claim Stephen Paddock Asset Distribution Delayed by FBI, Police Release New Footage
The family of Las Vegas shooter Stephen Paddock wants nothing to do with his assets and has asked lawyers to distribute whatever equity he left behind to his 1 October victims. But lawyers working on the case say the FBI is preventing...
SJM Holdings Puts Its Money on Cotai Casino Reversing Downward Spiral of Gaming Operator That Once Ruled Macau Market
SJM Holdings hopes its first casino resort on the Cotai Strip will turnaround the Macau casino giant's dwindling market share in Macau. SJM is the casino empire of recently retired billionaire Stanley Ho, who controlled a gambling monopoly on Macau for decades,...
Donald Trump Nobel Peace Prize Odds Shorten Following Singapore Summit
President Donald Trump has been nominated for the 2019 Nobel Peace Prize after his historic Singapore Summit with North Korean leader Kim Jong Un. But a decade after his predecessor Barack Obama received his for "extraordinary efforts to strengthen international diplomacy and cooperation...
Detroit Casinos Benefit From Caesars Windsor Strike, Michigan Online Gambling Bill Advances
Detroit casinos won more money in May 2018 than in the previous year, as gross gaming revenue (GGR) increased 3.9 percent to $124.6 million. MGM Grand Detroit, MotorCity, and Greektown likely benefited from the Caesars Windsor strike. Union members refused to work...
Nevada AG Adam Laxalt — Noted Online Gambling Opponent, Sheldon Adelson Ally — Wins GOP Gubernatorial Primary Without Breaking a Sweat
Nevada's Attorney General, 39-year-old Adam Laxalt, has secured the GOP party ticket for his state's gubernatorial election in November. He will face Clark County Commissioner Steve Sisolak, who won the Democratic Party nomination during Tuesday's primary. For Laxalt, it was smooth sailing...
Where Will LeBron James Go? Online Odds Favor Los Angeles Lakers
LeBron James has to inform the Cleveland Cavaliers whether he intends to opt out of the final year of his contract and become a free agent by 11:59 pm ET on June 29. Most NBA observers believe the game's best player will...
Japan Casino Bill Vote Could Come Wednesday, Integrated Resorts Measure Expected to Pass
The Japan casino bill that would authorize three commercial integrated resorts (IR) is expected to receive a vote this week in the National Diet's House of Representatives. Prime Minister Shinzo Abe's Cabinet introduced the IR bill to the legislature in late April....
Boyd Gaming Preps Casino Acquisition Spending Spree, Raises $700M
Boyd Gaming is raising $700 million in issued debt notes in order to expand its operations and potentially acquire new casinos. After initially telling investors that the company was offering $500 million in debt notes, the casino operator upped the ante by...