Slammed by hurricanes and COVID-19, the Louisiana gaming industry lost nearly a billion dollars in 2020 compared to the previous year. The industry also shed thousands of jobs. ...
Casino opposition group gets underway in Japan
In Japan and members of the Constitutional Democratic Party have reportedly convened the first meeting of an internal group that is to intensively lobby against the granting of the nation’s inaugural trio of integrated casino resort licenses. According to a report from Inside Asian Gaming, the Casino Problem Countermeasures body held its maiden summit ...
High Speed Victorville, California to Las Vegas Rail Line Targeted for Spring Construction Start
Construction on a high-speed rail line connecting Victorville, Calif. to Las Vegas could begin this spring. A high-speed train cuts through the desert ...
Sheldon Adelson Buried in Jerusalem, Netanyahu Honors ‘Great Jewish Patriot’
Sheldon Adelson was laid to rest Friday at a small private funeral on the Mount of Olives in Jerusalem. The billionaire casino mogul died Tuesday of complications related to treatment for non-Hodkinson’s lymphoma. He was 87. ...
Rockets Send James Harden to Nets in Four Team Blockbuster Trade Agreement
As the 2020 – 2021 season of the National Basketball Association began last December James Harden has been nothing but a huge distraction and constant headache for the Houston Rockets. After demanding a trade from Houston Harden finally got what he wished for. On Thursday, January 14th, 2021 the Brooklyn Nets and the Houston ...
Caesars investing $47 million to upgrade Silver Legacy at The Row Reno
American hotel and casino entertainment company, Caesars Entertainment Inc. (CZR), formerly Eldorado Resorts Inc., is investing $47 million worth of upgrades to its showcase resort property in downtown Reno, the Silver Legacy. According to the Nasdaq-listed firm’s recent announcement, 75 percent of the 38-floor resort’s 1,600 rooms and suites, from the fifth through the ...
British horseracing industry suffers fresh government disappointment
In the United Kingdom and the horseracing industry has reportedly been told that the government has no intention of launching a formal review into the nation’s Horserace Betting Levy before the end of the year. According to a Thursday report from the Daily Mail newspaper, British horseracing has already lost an estimated £300 million ...
Restrained return for Chilean casinos following coronavirus closures
The collection of eleven private and state-run casinos in Chile reportedly chalked up aggregated gross gaming revenues of $5.9 million last month and paid roughly $1.8 million in combined taxes. According to a Wednesday report from SBC Americas, casinos in the South American nation began re-opening from November 19 after being closed some eight ...
Pessimistic prediction for Melco Resorts and Entertainment Limited
Prominent financial services firm Moody’s Investors Service Incorporated has reportedly warned that Asian casino operator Melco Resorts and Entertainment Limited could see its consolidated debt rise by about 14.7% over the next twelve to 18 months to top $7 billion. According to a report from Inside Asian Gaming, the American giant made the prediction ...
Melco Resorts Debt Could Swell to $7 Billion Warns Moody’s
Melco Resorts & Entertainment (NASDAQ:MLCO) could see its debt burden balloon over the next 12 to 18 months. That’s as the pace of recovery in the world’s largest casino center remains lethargic. The company is one of the six concessionaires in the special administrative region (SAR) of Macau. ...
Washington State Turns to Sports Betting for New Tax Revenue
A bill in Washington has been introduced to expand sports betting. At this time next year, people in Washington might be able to ...
Playtika Soars After IPO Priced Above Expected Range
Mobile gaming company Playtika (NASDAQ:PLTK) is surging in its first day of trading after its initial public offering (IPO) was priced well above estimates. ...
Hard Rock International Acquires London Casino License From Former Ritz Club
Hard Rock International has its eyes set on London, the company’s birthplace, for its next casino. Hard Rock International has purchased the casino ...
Jeju Shinhwa World Robbery: Bulk of $13 Million Recovered, Perps Still on Lam
Authorities in South Korea say they believe they have uncovered most of the money that went missing last week from a safe at Landing International’s Jeju Shinhwa World on the tourist island of Jeju. ...
Former NFL star QB Brett Favre to star in TwinSpires’ new “Bet Dedicated” campaign
Former National Football League (NFL) star quarterback and three-time MVP Brett Favre has signed a multi-year ambassador agreement with online sportsbook and iGaming platform TwinSpires for its new Bet Dedicated campaign. The 51-year-old Super Bowl XXXI champion and Pro Football Hall of Fame quarterback will feature as the face of the new campaign, which, ...
WarHorse Gaming shows off 3-D conception rendering of new casino project
WarHorse Gaming, the economic development arm of the Winnebago Tribe of Nebraska, released a conceptional rendering this week, revealing details regarding a new casino in Lincoln. The new facility will be located at the Lincoln Race Course. The rendering showed off the interior and exterior of the upcoming property, with as much as $200 ...
Premium poker action at Unibet this January
The New Year has just begun, but already, online poker provider Unibet has prepared premium action for players. The platform is planning a Freeroll Festival and PKO Festival, among many other options. Players can compete for big prizes, with plenty of action for every player. Check out the details so you can compete among ...
Arizona Sports Betting Now Backed by Tribes, Gov. Ducey Calls on Lawmakers to Get the Job Done
Arizona’s Republican governor, Doug Ducey, wants regulated sports betting, and he’s won the support of the state’s 16 tribal casino operators. Now he’s calling on the legislature to pass a bill to make it happen. ...
Favre Becomes Pitchman for TwinSpires as Sports Betting App Awaits OK in Michigan (VIDEO)
Churchill Downs Inc. has made another move to show it’s ready to step up its sports betting business. On Thursday, the company’s TwinSpires division announced Pro Football Hall of Famer Brett Favre would star in an upcoming campaign for its sportsbook. ...
Las Vegas Raiders Owner Mark Davis Agrees to Buy WNBA Aces from MGM Resorts
The Las Vegas Aces are set to get a new owner but don’t expect the WNBA team to be on the move. Las ...
Fertitta Eyeing Another SPAC Deal to Bring Golden Nugget, Landry’s Restaurants Public
Tilman Fertitta is reportedly in discussions with Fast Acquisition Corp. (NYSE:FST) on a merger that would provide an avenue for the billionaire to bring his Golden Nugget casinos and Landry’s restaurants operations public. ...
Encore Las Vegas to Serve as State COVID-19 Vaccination Facility
Encore at Wynn Las Vegas will soon become a state-operated COVID-19 vaccination facility. Wynn Las Vegas is transforming the convention space at its ...
‘Pants on Fire’ Arsonist Linked to Reputed Philadelphia Mob Boss
Suspected Gambino associate Peter Tuccio pleaded guilty this week to felony extortion in torching a businessman’s Mercedes Benz in New York City. Tuccio has been linked to reputed Mob boss Joseph “Skinny Joey” Merlino. The 58-year-old Merlino was convicted of illegal betting in 2018. ...
Genting Casino Southport to be permanently shuttered
In the United Kingdom and the local subsidiary of Asian casino operator Genting Malaysia Berhad has reportedly announced the impending permanent closure of its Genting Casino Southport venue for the loss of 38 jobs. According to a Wednesday report from G3Newswire, the Genting Casinos UK Limited subordinate described the shuttering of the Southport property ...
Political Bettors Predict Impeachment, But Say Odds Long of President Trump Conviction
President Donald Trump has been impeached for a historic second time. But political bettors say the odds are long that’ll he’ll be convicted in the Senate. ...
