3704 stories by Philip Conneller
Illegal World Cup Betting Leads China’s Colossal Social Messaging App WeChat to Close 50,000 Accounts
China’s biggest mobile messaging platform, WeChat, announced this week it has deleted 50,000 accounts and 8,000 group chats related to soccer betting during the World Cup so far. WeChat said that a Chinese government crackdown ahead of the tournament had taken hundreds...
Elaine Wynn Reengages in Executive Warfare with Wynn Resorts Board
Elaine Wynn’s feud with the Wynn Resorts’ top brass was rekindled this week, after the board rejected a candidate she proposed for chair or vice-chair. Wynn became the company’s biggest shareholder after her ex-husband, Steve Wynn, resigned and sold his equity in...
Japan Flood Disaster Threatens to Derail Casino Bill for 2018
Japan’s Upper House is deliberating on a bill that will establish a framework for the nation’s impending casino sector. Lawmakers need to find consensus before the looming July 22 deadline for the end of the special legislative session, but a natural tragedy...
Pennsylvania iLottery Hits $21.6 Million in Sales, Rivals Complaints Lead To Marketing Changes
Pennsylvania’s brand new online lottery, the iLottery, reported sales of $21.6 million in its first 26 days from its launch on June 4, despite the best efforts of the land-based casino industry to sink it in the first few weeks. Lottery Executive...
MGM Growth Properties Acquires Ohio’s Hard Rock Rocksino for $1 Billion
MGM Growth Properties on Friday finalized its $1.06 billion purchase of Cleveland’s Hard Rock Rocksino Northfield, the first property to be acquired by the REIT, an MGM Resorts spin-off. MGM Growth will inherit a 200,000-square foot casino with 2,200 video lottery slot...
Does Sheldon Adelson Want to Build a Casino in North Korea?
A speech by Sheldon Adelson in Israel last month has led certain elements of the press to speculate on whether he has decided on North Korea as the destination of a future luxury integrated resort. Speaking last month in Jerusalem at a...
World Cup Betting: France Now Favorite But Should It Be?
Former World Cup favorites Brazil are now history, as they were bounced out of the tournament courtesy of a heart-stopping own goal by Fernandinho and Kevin De Bruyne’s thumping right foot. Brazil’s departure means that only one of the top-five pre-tournament favorites,...
China Missile Spat Torpedoed South Korea Casino Sector in 2017
Visitors to South Korea’s foreigner-only casinos fell by 6.2 percent in 2017, according to government figures seen by local news agency Yonhap. The South Korean Ministry of Culture, Sports and Tourism attributed the decline to a diplomatic spat with China over the...
Macau Corruption Crackdown Targets Illegal Currency Exchanges on Cotai Strip
Authorities in Macau have arrested 13 Chinese mainlanders on suspicion of operating illegal currency exchanges on the Cotai Strip, Radio Macau reported Wednesday. The gambling hub’s Judiciary Police has stepped up operations against the exchanges in recent weeks. A similar raid occurred...
UK Bettors Could Splash $200 Million on Weekend Sports Bonanza for Betting Industry Record
UK bookmakers are predicting a potentially record-breaking weekend of wagering, as major sports events align for an anticipated betting avalanche. The World Cup quarter finals will be vying with the British Grand Prix, Wimbledon, and the Coral Eclipse horse race for the...
