3799 stories by Philip Conneller
Wynn Resorts Makes $7.1 Billion Play for Australia’s Crown Resorts (But Not for Long)
UPDATE 10:00 am PT April 9 -- It's a "thanks but no thanks" from Wynn Resorts to Crown, after the potential buyer walked away in a huff following the leaked revelations of a possible merger hit the media. The Associated Press in...
Florida Reopens Compact Negotiations with the Seminoles But Tribe Holds the Cards
Florida lawmakers are conducting behind-the-scenes talks with the Seminole tribe of Florida in a bid to flesh out a new compact, The Herald-Tribune reports. At stake is the roughly $350 million in slots revenue the tribe shares with the state each year...
Elizabeth Warren No Fan of Online Gambling as 2020 Campaign Trail Hits Nevada
Sen. Elizabeth Warren (D. Mass) told the Nevada Independent on Saturday that she does not believe there should be further federal regulation of gambling but refused to be drawn on whether she supported or opposed the Department of Justice’s recent opinion on...
Osaka Mayor and Governor Swap Jobs in Local Elections to Keep Casino Vision Intact
In a risky political maneuver, the Osaka City mayor and Osaka Prefecture governor swapped jobs on Sunday in a move that bodes well for the administration’s ambition to host Japan’s first integrated resort. With both approaching the end of their terms, former...
Sports Radio Host Craig Carton Gets Three and a Half Years in Prison for Ticket Scam Fraud
Former New York sports jock and self-confessed gambling addict Craig Carton was handed a three and-a-half-year prison sentence for fraud on Friday by a judge who professed to be a fan of his work -- except when the show got “too raunchy.”...
New Mexico Racino Bidders Call Out ‘Secret Settlement’ in Increasingly Fraught Tender Process
The tender to find a buyer for New Mexico’s sixth and final racino license has proved to be trickier than expected, but events took a turn for the even-worse this week when some bidders accused the gaming regulator and the State Attorney...
GVC Digital Operations Up 18 Percent in Q1, Too Early to Tell on FOBTs, Says CEO
When online gambling giant GVC acquired Britain’s biggest retail bookmaker, Ladbrokes Coral, last year it had the most to lose from the government’s threat to put the squeeze on highly lucrative but controversial fixed-odds betting terminals. But Morgan Stanley noted this week...
Women Make Up Majority of Gambling-Addicted Swedes for First Time Ever: Study
Women now make up the majority of people with gambling problems in Sweden, according to a new survey by the country’s health authority. The survey found that of an estimated 45,000 Swedes believed to be problem gamblers, 64 percent were women. It’s...
Genting Borrows $1 Billion to Finish Resorts World Las Vegas
Malaysian casino giant Genting announced in a filing to the Malaysian stock exchange, Bursa Malaysia, Wednesday that its Las Vegas subsidiary, RWLV, had sold a $1 billion, ten-year bond to finance the completion of the $4 billion Resorts World Las Vegas. The...
Online Gambling Ads Picked Up by Tech That Simulates Kids’ Browsing Habits
Five online gaming firms have been exposed by the UK advertising watchdog for potentially advertising gambling to minors on the web, The Guardian reports. The Advertising Standards Authority used fake online avatars that mimic the browsing habits of children in a bid...
