Macau April GGR Was Brutal and May Won’t be Much Better
Gross gaming revenue (GGR) in the gambling enclave of Macau tumbled 96.8 percent in April. That’s as travel controls implemented to stem the spread of the coronavirus continue weighing on…
$12.3 Billion Flutter-Stars Group Merger to Complete May 5
Flutter Entertainment’s shares spiked Thursday as the company announced its $12.2 billion merger with The Stars Group (TSG) would complete May 5, creating the biggest online gaming company in the…
Crown Resorts Sued by Man Who Slipped on Pool of Vomit
Australian casino giant Crown Resorts has been sued by a man who alleges that he broke his neck after slipping on a puddle of vomit at the company’s property in…
DraftKings Gets ‘Outperform’ Rating, $23 Target From Morgan Stanley
Newly public DraftKings (NASDAQ:DKNG) is trading modestly higher Thursday after Morgan Stanley initiated coverage of the daily fantasy sports (DFS) behemoth and sportsbook operator with an “outperform” rating and a…
President Donald Trump Attacks Latest Polls Showing Joe Biden Ahead
President Donald Trump is lambasting the latest polling data showing former VP Joe Biden with a substantial lead in several key swing states in the upcoming 2020 presidential election. President…
Twin River Lands More Financing for Buying Binge
Twin River Worldwide Holdings (NYSE:TRWH) is expanding its bank loan capacity by $275 million, bringing more cash onto its balance sheet to finance a series of recently announced acquisitions. Twin…
Nevada Governor Extends Stay-at-Home Order Through May 15
Nevada Governor Steve Sisolak (D) announced yesterday that the state’s stay-at-home order is being extended through at least May 15. Many Nevadans are ready to get back to work, but…
Reports Say Sports Bettor Billy Walters May Get Early Release from Prison
Billy Walters, a well-known sports bettor currently serving five years for insider trading, will be released from federal prison, according to media reports. That could happen as soon as this…
Coronavirus Could Push More State Lotteries Online
The COVID-19 pandemic is causing lottery sales across the country to plummet, as millions of Americans are being laid off and many brick-and-mortar retail lottery agents remain closed. Lottery sales…
Florida Greyhound Racing Ban Does Not Violate Fifth Amendment
A federal judge in Florida has dismissed a lawsuit that challenged the state’s greyhound racing ban on constitutional grounds. Every dog has its day: Could greyhound racing already be finished…