Areas of Expertise
7584 stories by Devin O'Connor
Macau Billionaire Heiress Pansy Ho Purchases $115M Home, as MGM China Stakeholder Fortune Grows
Macau billionaire Pansy Ho has reportedly purchased a home in Hong Kong for HK $900 million (US$115 million). The property located at 28 Gough Hill Road spans 5,579 square feet, and is located in the city's ultra-ritzy Peak district. The purchase price...
Penn National Gaming Reports Strong Earnings, Remains Focused on Expansion
Penn National Gaming, one of the largest regional casino operators in the United States, reported better-than-expected earnings in its second quarter. Penn National CEO Timothy Wilmott said revenues grew at nearly two-thirds of the company's casinos. Net revenues totaled $826.9 million between...
Pennsylvania Family Charged With Running Three-Decades-Long Illegal Video Poker Operation
A family in Western Pennsylvania is being accused of operating an illegal video poker enterprise that made millions of dollars and endured for more than three decades. Pennsylvania Attorney General Josh Shapiro alleges in a presentment that four members of the Biros...
Atlantic City Union Declares Victory Over Carl Icahn, Credits Hard Rock Opening
The Unite Here Local 54 union in Atlantic City says the June opening of Hard Rock vindicates its 2016 strike against billionaire Carl Icahn at the former Trump Taj Mahal. Speaking with the Press of Atlantic City, union president Bob McDevitt declared...
Connecticut Democratic Gubernatorial Candidates Support Bridgeport Casino
Two Connecticut Democrats vying to replace Governor Dannel Malloy (D) say they support expanded gambling and would embrace authorizing an integrated casino resort in Bridgeport. Businessman Ned Lamont, who has been endorsed by the Connecticut Democratic Party, said through a campaign spokesperson...
Sheldon Adelson Says Sands in ‘Leading Position’ for Japan Casino License
Billionaire Sheldon Adelson believes his Las Vegas Sands empire is the frontrunner for licensure in Japan. Talking with investors this week on the company's second-quarter conference call, Adelson said his long business ties with the Asian country give Sands an upper hand...
Demi Lovato Apparent Drug Overdose Prompts Atlantic City Officials to Rebook Beach Concert
Demi Lovato's apparent drug overdose this week has led to her Thursday show in Atlantic City being canceled, and local concert organizers scrambling to find a replacement. Lovato was set to headline the Atlantic City BeachFest Concert Series. Early Tuesday, the 25-year-old...
Interior Department Says No Plans to Remove Mashpee Wampanoag Land From Federal Trust
A US Interior Department official told a congressional committee this week that the federal agency has no plans to remove land owned by the Mashpee Wampanoag Tribe in Massachusetts from its federal trust. Bureau of Indian Affairs Acting Director Darryl LaCounte testified...
Brent Musburger Warns First-Time Sports Bettors to ‘Be Careful’
Brent Musburger, the famed broadcaster who's long had a penchant for gambling on sports, is warning newbies to "be careful" as they walk into a legal casino sportsbook. In early 2017, Musburger announced he was retiring from television after a 44-year broadcasting...
Pennsylvania Satellite Casino Could Come to Westmoreland Mall
A so-called "satellite casino" might be on the way to the Westmoreland Mall in Western Pennsylvania should state regulators sign off on plans submitted by Stadium Casino LLC. Pennsylvania authorized up to 10 Category 4 satellite casinos with 750 slot machines and...