6121 stories by Devin O'Connor
MGM Cyberattack Likely Costing Casino Company Millions of Dollars a Day
The MGM cyberattack that began on Sunday, September 10, and continues to disrupt resort operations in Las Vegas and across the company's U.S. portfolio may be costing the casino giant millions of dollars a day. David Katz, managing director of equity research...
Pennsylvania Casino Smoking Targeted in New State Legislation
Pennsylvania Rep. Dan Frankel (D-Allegheny) is no fan of smoking exemptions for certain businesses like casinos. For a second year in a row, the Allegheny County Democrat has introduced legislation in the Harrisburg capital that seeks to end the smoking loopholes for...
Atlantic City Casinos Heat Up, August Gaming Win Totals $280.2M
Atlantic City casinos reversed course in August after a disappointing July when gross gaming revenue (GGR) fell more than 13%. August win turned back to black after the nine brick-and-mortar casinos won $210.5 million on their slot machines and $69.7 million on their...
Pennsylvania, Nevada Gaming Regulators Pay It Forward, Assist Japan With Casino Controls
Gaming regulators in Pennsylvania and Nevada recently agreed to meet with a delegation from Japan that's responsible for licensing and governing the country's forthcoming casinos. Japan's National Diet, the legislature of the central government in Tokyo, passed a bill known as the...
Bally’s Corporation Donates $5M to Community College of Rhode Island
The Bally's Corporation holds a monopoly on commercial casino operations in its home state of Rhode Island. In the firm's ongoing commitment to civic stewardship, the casino operator announced a major gift to the state's lone public community college this week. On...
MGM, Caesars Hackers Claim They Stole Six Terabytes of Data
The criminal organization behind the recent cyberattacks targeting MGM Resorts and Caesars Entertainment claims they stole six terabytes of data from the casino giants. Scattered Spider, an international hacking enterprise, has claimed responsibility for the cyber assaults. MGM was targeted sometime this...
Gaming Professor Says Responsible Gaming Programs Lacking in Effectiveness
September is Responsible Gaming Education Month (RGEM), an annual initiative from the American Gaming Association that highlights and promotes the commercial and tribal gaming industries' responsible gaming efforts. But a professor at Washington State University with a focus on gaming economics writes...
Las Vegas Convention Center Increasing Rent, Rate Bump to Generate $5M Annually
Event organizers at the Las Vegas Convention Center will soon need to pay higher rents to host their exhibitions at the 2.5 million-square-foot facility just a block east of the Las Vegas Strip. The Las Vegas Convention Center is owned and operated...
MGM Resorts CEO Bill Hornbuckle Thanks Guests for Patience During Cyberattack
More than four days after MGM Resorts guests began encountering service disruptions on the casino floors and throughout the gaming resorts, company CEO Bill Hornbuckle has released a public statement addressing the matter. Hornbuckle has led MGM -- Nevada's largest employer and...
Vermont Fields Five Mobile Sports Betting Applications From Interested Operators
Vermont has a handful of sportsbook operators that are interested in securing one of the state's online betting licenses. Vermont Gov. Phil Scott (R) signed the state's sports betting bill -- House Bill 127 -- into law in June. The legislation, the...
