Our math man, Kevin is the number guru. He calculates odds in his head the same way the rest of us make a cup of coffee. He gets involved in all the news stories involving numbers, and we often turn to him for help on financial news stories as he used to be in banking. However, he says that being a gambler is a far more respectable occupation these days.
The circus that is LaVar Ball has made it to the Big Top, but not everyone is buying a ticket to the show. After proclaiming on draft day that his son, Lonzo, who was picked second by the Los Angeles Lakers, would lead the team to the playoffs in his first season, oddsmakers were not…Read More
The Macau Gaming and Inspection Coordination Bureau will release official statistics on June’s revenue performance for the industry on Saturday, and market experts are preparing for very good news. Richard Huang, a research analyst at Japanese financial services company, anticipates total gross gaming revenue to come in at MOP21.1 billion ($2.62 billion). Should his forecast…Read More
The fate of a prime parcel of real estate on the Las Vegas Strip that’s been little more than a vacant lot for nearly 10 years just got murkier. The Alon casino project, slated for 34.6 acres of empty space across from Wynn and Encore, and next to Fashion Show Mall, lost its primary backer…Read More
The Atlantic City Fan Xpo (ACFX) at the Showboat Hotel has been put on hold. Organizers behind the weekend series that was geared towards the millennial demographic explain on their website, “Due to matters beyond our control we are postponing operations until further notice.” No specific information for the abrupt canceling was made available. And…Read More
At 95-years-old, billionaire Stanley Ho is finally ready to think about retirement. The Macau casino magnate, who has been called the “King of Gambling,” announced this week that he was resigning as chairman of Shun Tak Holdings. Ho founded the Hong Kong conglomerate in 1972, and is handing over the reins to his daughter, 54-year-old…Read More
The newest NHL team finally has picked their squad and observers believe they had a successful draft, but don’t go planning a Stanley Cup parade for the Vegas Golden Knights just yet. The team remains a huge underdog to win hockey’s coveted trophy, and there is still a long ways to go to be consistent…Read More
Democratic Governor Tom Wolf says the Republican legislature in Pennsylvania needs to forego its wishes to expand gambling, and instead focus on areas that can grow meaningful revenue. Wolf has proposed a $32.3 billion budget that includes $1 billion in new spending. To cover the gap, the first-term governor is calling on a new tax…Read More
Nevada Lieutenant Governor Mark Hutchison says he will fight to protect the “Brand USA” tourism program from the Trump administration, which he claims wants to dismantle the initiative. Trump’s budget, submitted to Congress in May, is seeking to eliminate the tourism marketing project, originally organized by the Commerce Department, and divert its funding into US…Read More
State Gambling regulators are in a battle with three New Mexico Native American tribes over $40 million in casino revenue they believe they are owed. The trio of pueblos contends the state is misinterpreting an old agreement. The Tesuque, Sandia and Isleta pueblos have taken their case to court, asking a judge to prevent the…Read More
If Springfield Mayor Domenic Sarno (D) is concerned over the impact the satellite casino in East Windsor, Connecticut, might have on his town’s $950 million MGM resort in Massachusetts, he’s doing everything he can to present a different façade. In a statement this week, Sarno tried to downplay the 2nd US Circuit Court of Appeals…Read More
The NHL’s newest team, the Vegas Golden Knights, aren’t expected to do much in their inaugural season, but the Westgate Las Vegas SuperBook really doubts their chances in the team’s first game of the season. The oddsmakers made the city’s first professional sports team a huge underdog when they go on the road against the…Read More
The FAA (Federal Aviation Administration) has received a request from the Las Vegas Raiders asking the agency to review construction plans for its 65,000-seat domed NFL football stadium. The $1.9 billion project is set to be built on a 62-acre plot of land between Russell Road and Hacienda Avenue just west of I-15. The FAA…Read More
Legionnaires’ disease still hasn’t checked out of The Parisian, Las Vegas Sands’ $2.7 billion lavish resort that opened just last fall. Legionnaires’ is a potentially serious bacterial infection that contaminates the lungs and often comes with symptoms resembling pneumonia. Though most healthy adults won’t develop severe illness from the disease, as the body is typically…Read More
Hard Rock Atlantic City will reopen to guests next Memorial Day weekend should the company’s $500 million renovation stay on schedule. That’s according to company officials who say the facelift will transform the former Trump Taj Mahal property into a rock ‘n’ roll-themed casino resort. Hard Rock, owned by the Seminole Tribe of Florida, purchased…Read More
The Seminoles of Florida are going to save a lot of money in the coming months, after bond and credit rating services Moody’s and Fitch both upgraded the tribe’s bank debt and bond credit ratings. Moody’s Investment Services upgraded the Florida tribe’s existing term debt and bonds rating to Baa2, and its Special Obligation Bonds…Read More
Vegas Sports Books Rooting For New Jersey in Supreme Court Case 
Teddy Sagi Slashes Stake in Playtech, Ceding Control While Cashing Out
LaVar Ball Antics Don’t Change Oddsmakers View of Lakers Chances
Macau Expects Three-Year High for June, Gaming Revenues Up 33 Percent
Already High on Millennials, Las Vegas Hopes Recreational Pot Attracts Younger Tourists
$43 Million Slots Jackpot Malfunction Lawsuit Challenges Casino's Refusal to Pay
Warriors Sweep Would Cost Golden State $22 Million, Odds Favor 4-0 Victory
Former Revel Atlantic City Casino Won't Reopen, Glenn Straub Continues Fight
Universal Entertainment’s Kazuo Okada Ousted from Philippines Casino for Alleged $17 Million Improper Transfer
Feds Order Northwood Casino Closed amid Internal Squabbles Challenging Tribal Legitimacy
