7588 stories by Devin O'Connor
Prefectures Consider Hosting Japan Integrated Casino Resorts, Despite Public Opposition
With the Japan integrated casino resort bill passed just last month by Prime Minister Shinzo Abe's Cabinet, prefectures across the Asian country are formally considering whether hosting such venues will ultimately be in their best interest. Abe's Cabinet approved the authorization of three...
Fires at The Drew Las Vegas Bring Arson Charges on 26-Year-Old, $10M in Damages Reported
Two fires at The Drew Las Vegas in March were incendiary acts allegedly ignited by 26-year-old Andrew Sanders, federal authorities claim in an arraignment filed this week. US Attorney Dayle Elieson for the District of Nevada says Sanders trespassed at the unfinished...
Justify Triple Crown Odds Shorten After Dominating Kentucky Derby Win, Woman Collects $1.2M on $18 Bet
Could Justify become just the 13th Triple Crown winner in the title's 143-year history? Many horse bettors feel there's now a decent chance. After Justify dominated a strong Kentucky Derby field on Saturday at Churchill Downs, and many challengers announcing they won't...
City of Dreams Morpheus to Open Without Casino Junkets, Focus on Macau Premium Mass Market
Morpheus, the $1.1 billion City of Dreams hotel tower that is to open next month, will not rely on VIP junket companies to provide high rollers to its casino floor. The Melco Resorts property will instead focus on "premium mass customers." Designed...
CNBC Stock Guru Jim Cramer Bullish on MGM Resorts
MGM Resorts is a "buy" according to CNBC's Jim Cramer. The "Mad Money" host declared during Thursday's show that the recent selloff of the casino stock has been "hideous," and the pullback presents a buying opportunity. "The selling here has been extreme," Cramer...
Mohegan Sun Now Fully Controls South Korea Casino Project ‘Inspire’
Mohegan Sun, the casino operating unit of Connecticut's Mohegan Tribe, is increasing its investment on the company's first international project. Announcing its second quarter financial results for the 2017-18 fiscal year, Mohegan Gaming Entertainment (MGE) revealed it has bought out its local...
Moody’s Says Raiders Stadium Good for Las Vegas, but Gubernatorial Candidate Threatens Project
The $1.8 billion Raiders stadium being built near the Las Vegas Strip will provide an economic boost to the city and state as a whole, so says Moody's Investors Service in a note this week. Moody's analyst Patrick Liberatore predicts the 65,000-seat...
Las Vegas Union Says Caesars Entertainment Forcing Hospitality Workers to Enforce ‘Do Not Disturb’ Policies
A Las Vegas union says Caesars Entertainment has rejected a proposal to have security personnel first enter a hotel guestroom that has hung a "do not disturb" sign for more than 24 hours. Culinary Workers Union 226, a 57,000-member strong labor group...
Galaxy Entertainment Posts Quarterly Record, Revenue Totals $2.36 Billion
Galaxy Entertainment enjoyed a prosperous three months to kick off 2018, as the casino operator says Q1 revenue surged to HKD$18.5 billion ($2.36 billion), a 32 percent premium on the same period in 2017. One of Macau's six licensed casino companies, Galaxy...
Kentucky Derby Odds Favor Justify and Mendelssohn, Triple Crown Winner Unlikely
Kentucky Derby odds favor Justify and Mendelssohn at Churchill Downs this Saturday in Louisville. Justify, a three-year-old colt who was sold to a Chinese horseracing club in 2016 for $500,000, is the favorite as of Thursday at 3/1. Trained by Bob Baffert,...
