5402 stories by Todd Shriber
Mohegan Sun Connecticut Lands First Spot on Top 10 Casino Ranking, Venetian, Wynn Among Las Vegas Venues on List
Mohegan Sun, the tribal gaming property in Uncasville, Conn., took the top spot in USA Today's survey of the 10 best US casinos. That venue is one of three tribal casinos on the list, each of which resides in the top three....
California Regulators Seek More Details About Kingston Family, Polygamous Group With Ties To Lake Elsinore Casino
The California Gambling Control Commission (CGCC) is pushing for more financial details about Ted and Joseph Kingston, the owners of a cardroom in that state and members of the allegedly polygamous Utah family by the same surname. The Lake Elsinore Casino in...
Apple Pushes Back Deadline For Gambling App Developers to Comply With Native Request
Apple is giving developers of gambling-related mobile applications more time to comply with a previously announced edict requiring the apps to be “native,” or rooted in the iOS operating system. In June, Apple said it was pushing developers to eschew the HTML5...
MGM Doing Business With Phil Ruffin Again as Billionaire Real Estate Investor Considers Buying Circus Circus
MGM Resorts International (NYSE:MGM), as part of its ongoing effort to unlock value from its real estate assets, is reportedly in talks to sell its Circus Circus property on the Las Vegas Strip to billionaire investor Phil Ruffin. News of the discussion...
Japan Casino License Renewal Process Pesky For Operators, But GGR Could Be Higher Than Expected, Says Fitch
Japanese authorities have not even awarded gaming licenses yet, but some market observers are already fretting about the renewal process for those yet-to-be-assigned permits. Regulators there could force operators to renew their licenses every 10 years, which could present hurdles in procuring...
Hawaii Gambling Ring Smashed, FBI, ATF, Local Police Charge 15 Suspects, Seize $150,000 in Cash
Federal authorities and local law enforcement on Monday busted an illegal gambling operation spanning two residences on the island of Oahu, Hawaii, resulting in federal charges for 15 suspects. The operation, which resulted in the seizure of 60 non-permitted gaming machines and...
MGM Wins in Sales of Bellagio, Grand, But MGP Could be Pinched, Says Analyst
News broke Monday that MGM Resorts International (NYSE:MGM) is reportedly in talks with private equity firm Blackstone Group (NYSE:BX) about selling the Bellagio and MGM Grand, two of the most prized assets on the Las Vegas Strip, and then leasing back those...
Morongo Casino Unveils California Expansion Plans, Adding 800 Slots, 30,000 Square Feet of Gaming Space
The Morongo Casino Resort & Spa, one of the largest tribal gaming venues in Southern California, is planning to get even bigger. The Morongo Band of Mission Indians, the operator of the casino in Cabazon, Calif. near Palm Springs, is planning a...
MGM Resorts Looks Undervalued, Analyst Sees Japan, Sports Betting Powering Stock Higher
MGM Resorts International (NYSE:MGM) stock entered Monday with a year-to-date gain of 19.83%, slightly trailing the S&P 500. In a research note out today, Macquarie analyst Chad Beynon said there are catalysts on the horizon that could boost shares of the Mirage...
Hard Rock International, Mohegan Gaming Emerge as Greece Airport Casino Leading Contenders
Hard Rock International and Mohegan Gaming and Entertainment are the two remaining competitors in the effort to bring a casino to the former Hellenikon International Airport site near the Greek capital of Athens. Mohegan Gaming, the casino arm of Connecticut's Mohegan Tribe,...
