7766 stories by Devin O'Connor
Credit Suisse Returns to Gaming Industry, Recommends Casino Real Estate Investment Trusts
Credit Suisse, one of the world's most important multinational financial services firms, is once again issuing guidance on the gaming industry. And despite a recent Wall Street selloff, the agency is rather bullish on several casino-related stocks. After poaching gaming analyst Cameron...
Study: Regulated Sports Betting Will Attract Millennials, Increase Fan Engagement, Hurt Underground Bookies
A new study concludes that the expansion of regulated sports betting across the United States will increase fan engagement, grow younger demographics' interest in pro and college events, and hurt illegal underground gambling rings. Commissioned by the American Gaming Association (AGA) and...
Atlantic City Casinos Grow Gaming Revenue 13 Percent, But Is It Enough to Support Nine Resorts Long-Term?
Atlantic City casinos posted gross gambling revenue (GGR) of $302 million last month, an almost 13 percent year-over-year premium. But looking ahead, gaming industry analysts say larger growth is needed in order to support the expanded market. The nine casinos won $272.32...
Florida Gambling Amendment Turns Disney Lobbying Arm and Seminole Tribe Into Strange $10M Bedfellows
Disney Worldwide Services and the Seminole Tribe of Florida continue to pump money towards passage of a constitutional amendment which would alter how state gambling laws are determined come November. Disney Worldwide is the lobbying arm of the mass media and entertainment...
Ryder Cup Captain Jim Furyk Doesn’t Tip Hand on Picks, Oddsmakers Say Tiger, Phil Shoo-Ins
The 2018 Ryder Cup will be played next month in France at the Albatros Course of Le Golf National. Tiger Woods will be there regardless of whether US captain Jim Furyk selects him as one of his four picks, as the 14-time...
With MGM Springfield Smoke-Free, Connecticut Tribal Leaders Ponder Policy for East Windsor Casino
MGM Springfield is opening August 24, but smokers will need to extinguish their flames before entering the $960 million premises. The Massachusetts Expanded Gaming Act passed in 2011 mandates that casinos maintain a smoke-free environment within the gaming establishment. For leaders of...
Fremont Street Experience $32M Canopy Upgrade Coming in 2019, Part of Las Vegas Downtown Makeover
The downtown Las Vegas Fremont Street Experience (FSE) will begin work on its planned $32 million upgrade to the district's world-famous canopy in February of next year. Funding for the project comes from a $9.5 million grant from the Las Vegas Convention...
Philippines President Duterte’s Relative Emerges as Whistleblower in Manila Casino Land Lease Scandal
A relative of Philippines President Rodrigo Duterte says she was the whistleblower to the administration in exposing a flawed land lease contract that officials in Manila offered to a casino developer. Hong Kong gaming and hospitality company Landing International received a provisional...
PokerStars Coming to Pennsylvania, Potential Major Win for American Online Poker
PokerStars is on its way to Pennsylvania. The world's busiest online poker room is partnering with the Mount Airy Casino Resort in the Pocono Mountains to enter the US' fifth most populated state. Mount Airy's partnership with The Stars Group, parent company...
Kazuo Okada Claims Innocence in Corruption Investigation, Says Universal Running Smear Campaign
Japanese billionaire Kazuo Okada is defending his reputation against corruption claims asserted by Universal Entertainment Corporation (UEC), the company he founded and made into one of Asia's largest gaming groups. Following his arrest earlier this month in Hong Kong, the 75-year-old Okada...
