5082 stories by Todd Shriber
MGM Resorts Leading Osaka IR Bid Competition, Says Analyst, But Competitors Linger
MGM Resorts International is in the pole position in the race to win a gaming license in Osaka, according to one analyst. But the Bellagio and Mirage operator faces a pair of competitors in its quest to build an integrated resort in...
Las Vegas Sands Chairman Sheldon Adelson Told President Trump That China Trade War Could Cost Him Reelection
Las Vegas Sands (NYSE:LVS) chairman and CEO Sheldon Adelson reportedly cautioned President Donald Trump that escalating the trade war with China could be detrimental to the US economy and hinder the president's 2020 reelection bid. Adelson and his wife, Miriam, are GOP...
Encore Boston Harbor Close to Full Headcount Less Than Three Months After Opening, Over 60 Positions to be Filled
Encore Boston Harbor, Wynn Resorts' first US casino located outside of Las Vegas, opened on June 23 and is already close to being fully staffed. Prior to the opening of the $2.6 billion integrated resort, it was expected the venue would create...
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...
