7584 stories by Devin O'Connor
Wynn Resorts Sinks Paradise Park Lagoon Project, Stock Plummets After CEO Says Macau Slowing
Wynn Resorts revealed during its third quarter investor call that Paradise Park, the 38-acre lagoon project that would have replaced the property's golf course, is being abandoned. Wynn CEO Matt Maddox told investors that the waterpark was turning away loyal customers, and...
Wynn Resorts Names Phil Satre Board Chairman, Company Declares New Era
Wynn Resorts has officially named Phil Satre chairman of its board of directors, with the news coming three months after the former Harrah's CEO joined the embattled company and was appointed vice chair. Satre replaces D. Boone Wayson, who is retiring after...
Macau Government Says 35 Million People Will Visit Enclave in 2018, 70 Percent From Mainland China
The Macau Government Tourism Office (MGTO) says visitation is up in 2018 through the first nine months, and expects around 35 million people to travel to the enclave this year. If that total is realized, tourism would post an eight percent increase...
Mashantucket Pequot Tribe Re-Elect Rodney Butler Chairman Amid East Windsor Casino Chaos
The Mashantucket Pequot Native Americans have re-elected Rodney Butler to the position of tribal council chairman, as the group continues to fight for a satellite casino in East Windsor, Connecticut. Butler has been in the role since 2009. It will be his...
Political Odds Beat Polls Again, Online Bettors Correctly Predict Midterm Elections, Steve Sisolak Nevada Gubernatorial Win
Political odds once again proved more accurate than the polls in several key Midterm Election Day races. As it relates to the gaming industry, no vote was more critical than the Nevada gubernatorial, and online bettors got it right that Clark County...
Analyst Says MGM Resorts and Caesars Entertainment Merger Odds Long, Downplays Rumored Negotiations
Speculation has emerged that MGM Resorts and Caesars Entertainment are negotiating a deal that would merge Las Vegas' two largest gaming companies -- in terms of the number of properties -- into one massive casino empire. One firm isn't buying it. Nomura,...
Genting Malaysia Stock Plummets After Finance Minister Increases Casino Fees
Genting Malaysia is in crisis mode after the gaming company's home country announced a substantial tax increase on casino operations. Malaysian Finance Minister Lim Guan Eng shocked Genting shareholders late last week when he announced in his budget address that tariffs on...
Maryland Casinos Enjoy Record Win, Could Give Virginia Lawmakers More Reason to Legalize Gambling
Maryland casinos won $157.96 million last month to mark a new monthly all-time record haul in state gaming history. The bounty marked an 18.6 percent increase on October 2017 when the state's six casinos won $133.23 million. The new monthly record surpassed...
Election Day 2018: Where Votes Matter for Gaming Industry
Election Day 2018 is here, and the outcomes of several votes have the potential to greatly impact the future of the gaming industry in the United States. Nevada residents will elect their next governor today, with either state Attorney General Adam Laxalt...
Nevada Regulators to Consider Gambling Inside Las Vegas Raiders Stadium
The Nevada Gaming Control Board (NGCB) will decide whether to recommend that certain forms of gambling be permitted inside the forthcoming $1.8 billion Las Vegas Raiders stadium when it opens in 2020. When Senate Bill 1, the Southern Nevada Tourism Improvements Act,...
