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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.

North Korea Faces Off with US, as Paddy Power Offers Lines to Bettors

North Korea Kim Jong Un Donald Trump

North Korea has warned that an attack on the United States is forthcoming, after President Donald Trump tweeted that leader Kim Jong Un “won’t be around much longer” should he continue carrying out nuclear missile tests. North Korean Foreign Minister Ri Yong Ho said this week that Trump’s comments constituted a “declaration of war,” something…Read More

Like Many Players, NFL Ratings Take a Knee, as Trump Wages War Against Football League

NFL ratings kneel national anthem

NFL ratings are down in the early weeks, but all eyes will be on the audience numbers for week three after President Donald Trump engaged in a culture war with the professional football league. Numerous players and teams took a “stand” on Sunday by taking a knee during the national anthem, protesting social injustices of…Read More

Morningstar: Japan’s Integrated Casino Resort Market Should Be Less Restricted

Japan integrated casino resort bill

Japan’s forthcoming integrated casino market won’t be able to achieve its maximum revenue potential should the federal government implement various restrictions as expected. That’s according to global investment firm Morningstar, which voiced various concerns over the regulations in a note issued this week. Equity analysts Chelsey Tam and Dan Wasiolek point to a likely 15,000-square-meter…Read More

Boxer Jake LaMotta, Subject of ‘Raging Bull,’ Dies at 95

Jake LaMotta, 1922-2017

Giacobbe “Jake” LaMotta’s battles outside the boxing ring were almost as vicious as his fights that raged in it. The subject of the movie “Raging Bull,” LaMotta died Tuesday at age 95, of complications from pneumonia, at a nursing home near Miami, Florida. The famed middleweight fought from 1941-1954 and compiled a record of 83-19-4…Read More

Scientific Games Buys Online Gambling Platform Provider NYX Gaming for $632 Million

Scientific Games NYX Gaming acquisition

Las Vegas-based Scientific Games (SG) announced on Wednesday that it was acquiring competitor NYX Gaming in a deal valued at $632 million. The purchase further extends Scientific’s dominating presence in the slots market. Scientific Games will buy all outstanding ordinary shares of NYX, a company based in Las Vegas that trades on Toronto’s Venture Stock…Read More

Billy Walters Ordered to Pay $25 Million Penalty Following Securities Fraud Conviction  

Billy Walters

Legendary Las Vegas figures can be found winning big all over the city, but legendary sports betting icon Billy Walters would like to forget his recent history, now that he has been ordered by a federal judge to pay a $25.4 million penalty for insider trading. Walters was convicted in April of profiting from illegal trades…Read More

Casino Partnerships With Junket Operators Are Public Knowledge, Macau Court Rules

Macau casino VIP junket company

Macau casino agreements with licensed VIP junket operators should be revealed upon qualified legal inquiry, an appeals court in China’s special gambling enclave has ruled. The decision comes as a result of an unnamed attorney who sued the city’s Gaming Inspection and Coordination Bureau (DICJ) after it refused to make public a list showing which…Read More

Fontainebleau Sale Spreads Economic Optimism Across Las Vegas Strip

Fontainebleau Las Vegas Strip

Billionaire Carl Icahn sold the Fontainebleau Las Vegas in late August to a real estate investment firm that is reportedly going to waste little time in completing construction on the 3,815-room casino resort that for seven years has done little more than serve as an unfinished place mark on the Las Vegas Strip. The towering…Read More

Shuttered Casablanca Casino in Philippines to Reopen Soon, Aussie Financiers Say

Casablanca Casino Hotel Stotsenberg PAGCOR

A Philippines casino shut down by the Philippine Amusement and Gaming Corporation (PAGCOR) in February will be ready to reopen soon, according to the Australian investment group that bought the property a year earlier for $26 million. The Casablanca Casino in Angeles City, Philippines, was forced to close when its parent company, Frontier Capital Group,…Read More

Lawrence Ho Unloads Tigre de Cristal Stake in Russia’s Primorsky Gambling Zone

Lawrence Ho sells shares in Tigre de Cristal

Melco’s Lawrence Ho has slashed his stake in Summit Ascent Holdings, developer of the new Tigre de Cristal casino resort in Russia’s eastern Primorsky gambling zone. The Macau-based casino mogul sold $21.3 million-worth of shares last week, according to a filing with the Hong Kong Stock Exchange, reducing his stake in the company from 27.06…Read More

Lebanon’s Casino Du Liban Insists It’s Safe, Despite US Embassy Alert to Stay Away

Lebanon Casino du Libon terror alert US embassy

The Casino Du Liban, Lebanon’s only casino, has downplayed a terrorism alert issued by the US Embassy in Beirut and moved to reassure its visitors of their safety. The casino, built in 1959 when Lebanon was far more Westernized, is just under 14 miles north of Beirut. In a message sent out to its employees…Read More

New York Counties Begin Reaping Financial Tax Rewards of Upstate Casinos

New York counties casino tax

New York counties have more tax money in their coffers than in years past thanks to the liberalization of gambling in the northern part of the state. As local governments begin planning their 2018 fiscal budgets, they’re pleasantly afforded new income to fund everything from education to senior citizen programs. In Tompkins County, for example,…Read More

Oklahoma Gambling Expansion Seems Unlikely, Despite State Budget Gaps

Oklahoma gambling expansion Kevin Wallace

An Oklahoma gambling expansion plan that could cover a substantial budget shortfall isn’t gaining much traction in the Oklahoma City capital. The state legislature is scheduled to return for a special session on September 25, and when it does, lawmakers will be faced with deciding the best method to fix a deficit that came as…Read More

Luckiest Drunk in Las Vegas Swims Across Hoover Dam Power Generator, Avoids Death But Not Arrest

Las Vegas Hoover Dam

At the Hoover Dam, which traverses Clark County, Nevada and Mohave County, Arizona, well over 100 workers gave their lives to see it come to completion. And unofficial estimates have suggested that hundreds more may have jumped to their deaths there since. But for one Welshman, who jumped into the dam not on a suicide…Read More

Fight Over Choctaw’s Red Water Casino Project will be Decided by Voters

Choctaw Red Water Casino

The fate of Choctaw Nation’s fourth casino in Mississippi will be decided by its more than 10,000 members and not tribal leadership. After a brief legal battle those opposed to the project were able to get a referendum for November 17. Chief Phyliss Anderson decided not to appeal a decision made last month by a…Read More