MGM Resorts Says Connecticut Should Hold Competitive Bidding Process After Judge Deals Blow to Tribal Plan
MGM Resorts says its offer to build a $675 million commercial casino resort in Bridgeport, Connecticut, still stands after a federal judge’s decision has thrown a planned tribal satellite gaming facility in East Windsor into jeopardy.
Federal Trade Commission Signs Off Penn National $2.8 Billion Pinnacle Takeover on Condition of Casino Divestiture to Boyd
The US Federal Trade Commission (FTC) this week rubberstamped Penn National Gaming’s (PNG) proposed $2.8 billion acquisition of Pinnacle Entertainment, a transaction that will cement PNG’s status as America’s biggest regional gaming operator.
The publication Online Poker Report has quoted unnamed sources ‘close to the situation but not employees’ who claim that Eldorado Resorts has fired the in-house…
After years of economic struggle, Atlantic City is “stable.” That’s according to Stockton University Hospitality and Tourism Management Studies professor Dr. Brian Tyrrell, who believes key tourism indicators suggest the region is capable of supporting nine casinos and is positioned for growth.
FanDuel recently made the leap from online DFS site to land-based sports betting operator — and now, to Amazon Echo and other Alexa devices.
Activist investor Jason Ader has his sights set on online gambling software giant Playtech. The former Las Vegas Sands (LVS) director has a reputation for investing big in gaming companies before unleashing a wrecking ball into their boardrooms.
This time last year, a $20 bet on the Vegas Golden Knights to win the Stanley Cup was slated to win $10,000. Ultimately, the expansion franchise fell three wins short of hoisting hockey’s ultimate trophy, but they gave Las Vegas sportsbooks a good sweat in the process.
Pre-reveal machines are illegal in Florida, a federal appeals court ruled on Friday, thus effectively ending the longstanding debate between Sunshine State regulators and the games’ respective manufacturer and distributor: Blue Sky Games and Gator Coin.
FanDuel and William Hill Sports Betting Apps Go Live in New Jersey as the Field Starts to Get Crowded
The New Jersey mobile sport betting market swelled over the weekend, as two new entrants, FanDuel and William Hill, launched their wagering apps. There are now five players in the mobile market since DraftKings earned first-mover kudos just under a month ago.
Oddsmakers in sports betting states where the activity only recently became legalized are wrestling with how to best dictate lines when regional biases might put the casinos at great financial risk that’s not typically seen in Las Vegas.
It was just last month that Atlantic City’s nine casinos collectively employed more than 30,000 workers for the first time in over four years. But with Labor Day unofficially ending the summer, resorts are beginning to lay off their seasonal workers and will push total employment below the 30K mark.
The long-running row over the punitive tax rates operators are expected to pay in Kenya continued this week when parliament rejected a proposal from the…
Macau casinos won 26.6 billion patacas ($3.3 billion) last month, a 17.1 percent year-over-year premium and a mark that eclipsed the general consensus of financial analysts.
GVC Holdings has rejected claims that the structure of its recent takeover of British bookmaking giant Ladbrokes Coral has enabled it to “swindle” hundreds of millions from pension funds invested in its new acquisition.
Las Vegas Billionaire Frank Fertitta Drops $25M on Daughter’s Wedding, Bruno Mars Headlines Reception
Station Casinos CEO Frank Fertitta spared no expense in throwing the most extravagant of weddings for his daughter Kelley. The $25 million shindig went down over the weekend at Fertitta’s Red Rock Resort.
European online casino operator PlayOJO announced Monday that it has signed an agreement to sponsor Paradise Hotel, the most popular reality TV series in Sweden….
Playtech has released its new Call of the Valkyries online slot, a 5 reel, 25 pay-line game with a theme based on the Nordic mythology…
West Virginia’s governor, Jim Justice announced late Friday that he had appointed Doug Buffington, the deputy secretary for the West Virginia Secretary of Revenue, to…
A new poll shows that Florida voters overwhelmingly support stripping the state legislature of its power to dictate the future gaming industry.
The Westgate SuperContest, the most popular season-long NFL spread betting tournament in Las Vegas, says the competition is once again on track to break its buy-in record.