7712 stories by Devin O'Connor
Macau Gaming Analysts Like What They See, Predict ‘Sustainable’ Growth
Following a trip to Macau, gaming analysts at JP Morgan Securities say China's enclave is well positioned to see continued growth throughout 2018. The financial services firm says the mass market continues to expand, and VIP play is strong. "All seems well...
Caesars Entertainment Enters Non-Gaming Space With Dubai Bluewaters Island Hotel Projects
Caesars Entertainment has reached a deal to manage and operate two non-gaming resorts and a beach club on Dubai's $1.6 billion man-made Bluewaters Island mixed-use retail, residential, hospitality, and entertainment space in the Persian Gulf. The project marks the company's first foray...
Venetian Picnic Shooting Victim Identified as VP of Casino Operations, Suspect Remains At Large
Venetian picnic shooter Anthony Wrobel, the casino employee who is reported to have killed one of his bosses and critically injured another, remains on the lam more than 24 hours after the Sunday evening close-range shooting in Las Vegas' Sunset Park. The...
Pro-Trump Super PAC Won’t Return $500,000 Steve Wynn Donation
America First Action, a Super PAC supporting the reelection efforts of President Donald Trump, says it won't be returning a $500,000 donation made by disgraced former casino owner Steve Wynn. Finance records from the Federal Election Commission (FEC) show that the political...
Carl Icahn Sells Tropicana Entertainment, as Billionaire Exits Casino Business
Billionaire investor Carl Icahn is reportedly cashing in his casino chips and exiting the gaming business. On Monday, Icahn Enterprises announced it is selling Tropicana Entertainment and six of its eight casinos to real estate investment trust Gaming and Leisure Properties (GLP)...
Caesars to Build Harrah’s Northern California Near Sacramento
Caesars Entertainment has reached a deal with the Buena Vista Rancheria of Me-Wuk Indians to jointly construct a casino in California near the state capital of Sacramento under its Harrah's brand. The Harrah's Northern California gaming floor will measure 25,000 square feet,...
Arkansas Attorney General Leslie Rutledge Rejects Casino Ballot Proposal, Again
Arkansas Attorney General Leslie Rutledge has rejected yet another casino ballot referendum, this time on grounds that the proposed question features "ambiguous" wording. It's the second time this year that the state's chief legal advisor has rejected a gambling motion. Rutledge said...
Players’ Unions Demand Seat at Sports Betting Table, Further Expands Regulatory Complexities
The players' unions representing the NFL, MLB, NBA, and NHL said in a joint statement this week that its members should have a voice in determining the future of sports betting laws should a change come to the current federal ban. "Given...
Macau ‘Founding Father’ Stanley Ho to Retire, Hand Control to Daughter Daisy
Stanley Ho is finally ready to retire at 96-years-old. The Macau billionaire, who is considered the enclave's "founding father," will step down from SJM Holdings in June and hand control of the company to his daughter Daisy. After making a small fortune...
PGA Tour Commissioner Voices Support for Legalized Sports Betting
PGA Tour Commissioner Jay Monahan revealed this week that should a change come to the current federal sports betting ban, the professional golf organization would embrace allowing wagers to be placed legally on its tournaments. Speaking with USA Today SPORTS, Monahan's comments...
