3799 stories by Philip Conneller
Mandalay Bay Struggles for Occupancy Post-Vegas Shooting, Admits MGM, As It Revises Revenue Forecast
MGM Resorts International’s Mandalay Bay is taking longer than expected to recover from the Las Vegas shooting, the company’s CEO Jim Murren told analysts during a Thursday conference call to discuss Q1 earnings. Murren said the property’s revenue declined by 6.3 percent...
Crown Resorts Fined AU$300,000 for Slots Tampering
Australia’s Crown Resorts has been dealt the biggest fine in its 25-year history after it was found to have practised “button blanking” on 17 of its slot machines at its flagship Melbourne casino. The regulator for the Australian state of Victoria, VCGLR,...
Osaka Casino Up and Running by 2023 Despite Hurdles, Says Governor
Osaka Governor Ichiro Matsui is confident that his city will have Japan’s first integrated resort up and running by 2023 – or 2024 “at the latest” – should it be chosen as one of three host regions for the new casino market....
Florida Lawmakers Abandon Special Session on Gambling Expansion
Florida lawmakers have abandoned the idea of a convening a special session to craft a deal on expanded gambling and will instead leave it all in the hands of voters in November. It may have been the last chance the legislature will...
Land in Sight for Louisiana Riverboat Casinos as State Senate Passes ‘River to Shore’ Bill
On Tuesday, the very day that the Horseshoe Southern Indiana was granted permission by the Indiana Gaming Commission to move its operations onto dry land, hundreds of miles south the Louisiana Senate was approving a bill that would also propel its own...
Wynn Resorts Litigation Settlement Drags Scandal-Ridden Gaming Operator Down to Nine-Figure Q1 Loss
Wynn Resorts reported a $204 million net loss for Q1 2018 on Tuesday, as new CEO Matt Maddox delivered the company’s first quarterly report since the resignation of its founder, Steve Wynn. Wynn quit his role in the company that bears his...
UK Bookies Lose £1.2 Billion in a Day as Investors Duck Regulatory Wrecking Ball
The UK bookmaking industry once believed the country’s Chancellor Philip Hammond was its friend, fighting behind the scenes against a proposed maximum stakes reduction on fixed-odds betting terminals (FOBT) in a bid to protect government revenue. Not anymore. In the UK, a Times report...
Arkansas Supreme Court Rejects Pro-Casino Group Petition to Override AG on Ballot Proposal
The Arkansas Supreme Court on Monday rejected a petition by a pro-casino group to force the state attorney general’s office to approve the wording of its proposed ballot measure. The court gave no reason for its decision. Driving Arkansas Forward sued AG...
Crown Resorts Hit with More Accusations of Slots Tampering
Australia’s Crown Resorts is facing new accusations of slot machine tampering at its flagship Crown Melbourne Casino. Longstanding anti-gambling lawmaker and perennial Crown Resorts adversary Andrew Wilkie announced this week he had been approached by a former VIP customer at the casino...
China Bans Play-Money Social Poker Apps, Squashes Chinese Poker Boom
China is to ban social play-money poker apps and will also announce the game will no longer be viewed a competitive sport, a designation that allowed live poker tournaments to be tolerated in certain regions. The move effectively eradicates a previously burgeoning...
