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Kevin Horridge

Kevin Horridge

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.

Controversial Maine Casino Backer Finally Surfaces, Hires ‘Firm Behind Brexit’

Sean Scott steps out of shadows in Maine

Shawn Scott, the brains behind a bid to build Maine’s third casino, has finally stepped out of the shadows. The controversial figure had previously hid his involvement in the project behind his sister Lisa Scott, who was listed as the sole director and financer of a successful ballot campaign for the casino. But this week…Read More

Tilman Fertitta Urges Louisiana to Ease Gaming Regulations to Allow for Expansion

Tilman Fertitta Golden Nugget Lake Charles

Golden Nugget owner Tilman Fertitta stood before the Louisiana Riverboat Economic Development and Gaming Task Force on Tuesday to request regulations on casino operators be eased to allow Louisiana to better compete with nearby states. As part of a statewide inquiry for insight from casino operators, Fertita laid out a litany of improvements that the…Read More

Arizona Tribe Celebrates Legal Victory in Casino Battle with State by Cracking Open the Booze

Tohono O’odham tribe receives casino liquor license

The Tohono O’odham tribe of Arizona was toasting victory this week as its Desert Diamond West Valley Casino began serving alcohol for the first time, courtesy of its brand new liquor license. The license and the sight of drink flowing freely on the premises are a big deal to the tribe because of what they…Read More

Pennsylvania Lawmaker Pleads Guilty to Aiding Illegal Gambling Ring

Pennsylvania lawmaker Marc Gergely

Pennsylvania lawmaker Rep. Marc Gergely (D-Allegheny County) has pled guilty to charges of conspiracy and accepting an illegal campaign contribution in relation to his role in a gambling ring that unlawfully placed wagering terminals inside dozens of restaurants, bars, and bowling alley locations. Gergely will be sentenced on November 6, at which time he will…Read More

Atlantic City Gambling Revenue Report Shows Mixed Results in July

Atlantic City revenue Mark Frissora

Atlantic City has entered the dog days of summer, and that’s leading to mixed results at the casino resorts. The New Jersey Division of Gaming Enforcement (DGE) announced this week that overall gambling win decreased in July by 2.7 percent compared to 2016, but the seven land-based operators still in business actually saw their revenues…Read More

Florida Gators Suspend Seven Players for Michigan Game, Marquee Week One Matchup Loses Luster

Florida Gators Michigan odds

The Florida Gators were hoping to upset a top 10 opponent in Michigan during their first game of the year, but those odds seem a bit more unlikely after the team handed down suspensions for seven players, including key offensive playmaker Antonio Callaway. Ranked #16 in the coaches’ preseason poll, Florida’s opener against ninth-ranked Michigan…Read More

Resorts World Manila Suffers Hefty Q2 Loss in Wake of Deadly June Rampage

Kingson Sian, president and CEO of Travellers International

Resorts World Manila operator Travellers International revealed on Monday the financial damage inflicted by the deadly actions of lone gunman Jesse Javier Carlos on June 2. Travellers reported Q2 net losses of PHP311.2 million (US$6.1 million) for the three months leading up to June 30. That was more than a 50 percent drop compared to…Read More

Ethics Commission to Seize Maine Casino Backer’s Financial Records

Ethics Commission to Investigate Shawn Scott’s sister, Lisa

Maine’s ethics commission has voted to subpoena the personal financial records of Lisa Scott, the backer of a contentious casino project that politicians have accused of attempting to deceive the state’s voters. In the forthcoming November ballot, state residents will be asked to decide whether the proposed casino, which would be the state’s third, should…Read More

Crown Resorts Employees Set to Be Freed From Chinese Prison

Crown Resorts VIP Jason O'Connor

The last of Crown Resorts’ employees who were arrested by Chinese police more than 10 months ago are expected to leave the Shanghai jail where they were serving their sentences this weekend, bringing a close to an ill-fated trip to recruit high rollers on behalf of their Australian-based casino employer. The five remaining Crown staffers…Read More

Palazzo Security Guard Stabbed on Casino Floor Highlights Risks on Las Vegas Strip

A security guard at the Las Vegas Sands Palazzo resort investigating a transient man on the casino floor was stabbed in the chest early Wednesday morning. The employee, who was taken to the hospital and is in critical but stable condition, was not named, and officials at the Las Vegas Strip property had no comment….Read More

Casino Local Share Payments Stop in Some Pennsylvania Counties, Towns Out Millions

casino local share Pennsylvania

Casino local share checks delivered quarterly to counties in Pennsylvania have stopped in certain regions, and that’s taking a substantial financial toll on some local governments. In September, the Pennsylvania Supreme Court ruled on the side of the Mount Airy Casino Resort that the state’s law mandating that each gambling facility pay $10 million, or…Read More

Paddy Power Betfair Drops on News of CEO Departure, Earnings Struggle

Breon Corcoran, outgoing CEO of Paddy Power Betfair

Rising revenue hasn’t offset investor unsteadiness over the future of Irish and UK betting juggernaut Paddy Power Betfair. The company’s share price dropped 4.7 percent on Monday, after news that CEO Breon Corcoran would be stepping down. That dip was followed by an additional 3.9 percent slide on Tuesday upon release of Paddy Power Betfair’s…Read More

LVCVA Boss Gets Hefty Bonus Plus Salary Hike, As Las Vegas Tourism Agency Brings in Auditing Firm to Justify Expenses

Lawrence Weekly Las Vegas showgirls

Las Vegas Convention and Visitors Authority (LVCVA) CEO Rossi Ralenkotter has received a six percent salary increase and one-time 50 percent salary bonus of $208,000, after the governmental agency’s board unanimously approved the performance-based rewards. But not everyone is happy about the payments, and some legal experts are questioning whether the compensation process violated the…Read More

‘Sharknado Live’ Set to Rain Musical Mayhem on Las Vegas

Sharknado Live Caesars SyFy

Sharknado Live is going to be swimming into a Caesars resort in Las Vegas sometime next year. Following a viewing party for the premiere of Sharknado 5: Global Swarming, producers confirmed rumors that a live stage musical adaptation based on the popular Syfy made-for-TV movie series was in the works. Celebrities including lead actors Ian…Read More

Smaller Macau VIP Junket Companies Targeting Upper Middle Class

VIP junket companies Macau

In Macau, a resurgence in mini-whale gambling has led to the formation of several mid-sized junkets that have been able to quickly establish partnerships with casinos for VIP operations. With less competition, smaller VIP junket are aimed squarely at the well-heeled, rather than the ultra-wealthy. New VIP gaming companies have opened rooms inside the L’Arc…Read More