Areas of Expertise
3799 stories by Philip Conneller
Scientific Games Beats Q4 Projections Thanks to $151.5 Million Shuffle Tech Settlement
Casino equipment and gaming solutions giant Scientific Games surprised analysts on Thursday by booking Q4 net profit of $206.8 million, reversing a net loss of $43.1 million for the corresponding period a year earlier. SG shares climbed almost 12 percent on the...
Compromised Former NBA Ref Tim Donaghy Disses Regulated Sports Betting as He Denies ESPN Match-fixing Allegations
Disgraced former NBA referee Tim Donaghy is no fan of regulated sports betting in the US. Donaghy broke his silence this week to denounce a 10,000-word ESPN article that details a wealth of circumstantial evidence which the sports media giant believes suggests...
Georgia and Utah Horse Racing Bills Leave Starting Gate with No Guarantees
A bill that could bring horse racing to Georgia was signed off by a Senate committee Wednesday. Senator Brandon Beach’s (R-Alpharetta) bill would authorize up to three racetracks in the state and create a five-member Gambling Commission, which would award contracts for...
Daisy Ho: Shareholder Alliance Will Bolster SJM Holdings’ Pursuit of New Macau License
Daisy Ho, chairman of Macau casino giant SJM Holdings and daughter of casino tycoon Stanley Ho, told Bloomberg this week a new alliance among shareholders will strengthen the business as it prepares to bid for a new gaming license in the world’s...
Florida House Committee Advances Bill to Prohibit Online Lottery Sales
Florida does not sell lottery tickets over the internet -- and if a bill passed Wednesday by the House Gaming Control Subcommittee becomes law, it never will. While New Hampshire has sued the Department of Justice in a bid to protect the...
Big Fish Social Casino Targeted by New Class Action Lawsuit in Washington State
Seattle-based social casino Big Fish is facing a fresh class-action lawsuit that accuses it of operating “illegal online casino games.” The play-money site was hit by several similar lawsuits last year after a federal court in Seattle ruled that the virtual chips...
Washington D.C. Gifts Sports Betting Contract to Intralot, Aims to Launch by Fall
Washington D.C. could have sports betting by the fall, after the D.C. Council voted Tuesday to sidestep standard procurement procedures and award the contract to its current lottery provider, Intralot. The snappily-titled Sports Wagering Procurement Practices Reform Exception Act of 2019 passed...
SJM to Complete Karl Lagerfeld Hotel at Grand Lisboa Palace in Honor of Iconic Designer
Asian casino giant SJM Holdings has said the Karl Lagerfeld-designed hotel tower of its under-construction Grand Lisboa Palace resort will be completed as a “legacy to Lagerfeld’s creative genius.” The 85-year-old German-born fashion designer and longtime creative director of Chanel and Fendi...
Sheldon Adelson-Backed Israeli Lunar Mission Prepares for Blast Off Friday
First, he conquered Las Vegas, then Macau, now… the moon! An Israeli space project, SpaceIL, bankrolled by LVS chairman and CEO Sheldon Adelson is preparing to launch from Cape Canaveral, Florida, on Friday from Elon Musk’s SpaceX Falcon 9 launcher. From there,...
Appeal Launched After Alleged $3 Million Star Casino Sydney Cheating Ring Acquitted
Prosecutors in New South Wales, Australia are appealing a decision that saw three people accused of cheating the Star Casino Sydney out of A$3 million ($2.14 million) sensationally walk free late last year, reports The Sydney Morning Herald. Two high-rolling gamblers and...