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The 13 Still Hasn’t Submitted a Macau Gaming Application, and Permits Are Running Dry

The 13 Macau satellite casino

The 13, an ultra-luxury resort concept from flamboyant Hong Kong businessman Stephen Hung, has ran up a construction tab of over $1.6 billion. The much-delayed 200 all-villa hotel located south of the Cotai Strip in Coloane Village is finally slated to open in March, but when it does, the property presumably won’t have a casino….Read More

Online Gambling Fueling Atlantic City Rebound, Casinos Up Two Percent in October

online gambling New Jersey Atlantic City

Online gambling once again helped the seven remaining Atlantic City casinos post a positive monthly gain. The internet sites generated $20.6 million in revenue last month, a more than 23 percent increase compared to 2016. The strong month takes year-to-date internet gaming win across the $200 million threshold to $204.2 million, the first time New…Read More

Seven Cases of Legionnaires’ Disease Now Linked to Rio

Legionnaires’ disease Rio

The Southern Nevada Health District announced on Tuesday that they have confirmed seven cases of Legionnaires’ disease among guests at the Rio All-Suite Hotel and Casino in Las Vegas, all of which occurred during an outbreak that was reported five months ago. Officials also suspect 29 more cases may have occurred as a part of…Read More

MGM Resorts Done Building New Casinos, Unless Company Receives License in Japan

MGM Resorts Jim Murren development

MGM Resorts has been on a spending spree in recent years, acquiring casino resorts and building others, but that will soon come to an end. CEO Jim Murren said during the company’s third quarter conference call with investors that the development cycle is nearing completion. The $3.3 billion MGM Cotai in Macau is set to…Read More

Hard Rock Atlantic City Opening Delayed Slightly, Targets Summer 2018

Hard Rock Atlantic City opening

Hard Rock Atlantic City is pushing back its opening date by at least several weeks, a new billboard near the town revealing that the casino resort is now targeting the summer of 2018 to welcome guests. A summer inauguration is slightly delayed from earlier reports that the Hard Rock would open during the May 28…Read More

Disney and Seminoles Team Up to Fund Anti-Casino Expansion Efforts in Florida

Seminole Tribe Florida anti-casino expansion

The powerful Seminole Tribe of Florida, which is owner and operator of seven of the state’s eight tribal casinos, and the the Walt Disney Company, Florida’s largest employer, are teaming up in an effort to strip politicians of the ability to change gambling laws without voter consent. Newly released campaign finance data from the Florida…Read More

Tunica Wants to Remove Casino ‘Riverboat’ Requirement to Salvage Regional Tourism

Tunica casinos Mississippi gambling

Tunica casinos continue to struggle along the Mississippi River in the northwestern part of the state. The former Bally’s Hotel was recently demolished, and Harrah’s has sat vacant since 2014. Today, nine riverboat casinos remain, and they’re unanimously struggling for business. Mississippi legalized riverboat casinos in 1990. At the time, commercial gambling was confined to…Read More

American Gaming Association Joins Tax Reform Talks, Pushes for Full Interest Deduction Preservation

AGA Geoff Freeman US tax reform bill

The American Gaming Association (AGA), the lobbying arm of the gambling industry, has jumped on the tax reform bandwagon. One of the major goals of Republicans in Congress is to pass tax-reform legislation by the end of 2017, a move that has largely been supported by big business, due to proposed cuts to the corporate…Read More

Bloomberry Resorts’ Valuation Could Rise with Solaire Casino Land Bid, Say Morgan Stanley Analysts

Enrique Razon Bloomberry Solaire Resort land buy

Enrique Razon’s Bloomberry Resorts and Hotels, Inc. may find itself in a bidding war for the land on which its own Solaire Resort and Casino in Manila stands. Now analysts at Morgan Stanley (MS) say that if Bloomberry ultimately wins that bid, it could add significant value to the company’s stock price, once it owns both…Read More

Bet365 Founder Denise Coates Was Highest Paid CEO in UK Last Year, Earning £217 Million

Denise Coates, Bet365 CEO

Denise Coates founded Bet365 in a portable office building at a Stoke City car park in January 2000. Now, seventeen years later, she’s pulling in the largest CEO salary in Great Britain, paying herself £217 million ($284.5 million) for fiscal year 2016-17. Her annual take is more than four times than that of the previous…Read More

Richard Desmond Plans to Bid for UK National Lottery

richard desmond

Billionaire newspaper owner Richard Desmond is planning to submit a bid for the UK’s National Lottery, hoping to take over the business when an opportunity to acquire the lucrative franchise comes up again in 2019. Currently, the UK’s largest lottery is operated by a company known as Camelot, which has run the drawings since 1994….Read More

Mandalay Bay Tragedy Expected to Cost Insurance Companies $1 Billion, MGM Workers Claim Hours Cut in Wake of October 1 Shooting

Las Vegas shooting MGM Mandalay

Last month’s Mandalay Bay shooting in Las Vegas, at the Route 91 Harvest country music festival that took the lives of 58 victims and injured over 500 others, is expected to deliver a massive financial blow to the insurance industry, which is already reeling from one of the most active hurricane seasons in recent memory….Read More

PAGCOR Auctioning Two Parcels of Land at Site of Solaire Casino

PAGCOR Solaire auction

The Philippine Amusement and Gaming Corporation (PAGCOR) is auctioning two parcels of land in Manila which make up the current location of the Solaire Resort and Casino. According to the PAGCOR announcement, the “item” up for bid, known as Bay City Properties, comprises two plots that include approximately 160,000 square meters of land. The minimum…Read More

Caesars LINQ Promenade Unveils Plans for First Zipline on Las Vegas Strip

linq zip line

In keeping with Caesars President and CEO Mark Frissora’s promise to grow the casino conglomerate post-bankruptcy, the company announced plans to build the first zipline on the Las Vegas Strip. Fly LINQ will cost approximately $20 million and be constructed above the LINQ Promenade. Construction is expected in spring of 2018 with an anticipated completion…Read More

Indiana Casino Says Smoking Ban Would Cost 400 Jobs, $3 Million Annually

Indiana casino Majestic Star smoking ban

Northwest Indiana casino operator Majestic Star is threatening local officials in Gary on the dangers of implementing a smoking ban that would extend to its riverboat gambling floors. In 2012, Indiana enacted a statewide indoor smoking ban, but exemptions were provided for private membership clubs, bars and taverns were liquor sales outsell food, retail tobacco…Read More