Detroit casinos collectively won $121.7 million last month, a 6.3 percent year-over-year increase. MGM Grand helped Detroit casinos increase their gross gaming revenue in January and February. (Image: Paul Sancya/AP)…
Earlier today, the World Health Organization (WHO) declared the COVID-19 outbreak a global pandemic, unleashing a fresh wave of selling pressure on travel and leisure equities, including gaming stocks. But…
The odds of an economic recession in the United States have shortened greatly in recent weeks because of the ongoing spread of the deadly COVID-19 virus. Bettors believe a US…
This weekend should have been some of the best days on the sports betting calendar. It may be a while before sportsbooks can post full odds boards as almost every…
The outlook on Genting Bhd’s credit rating, as well as that of its Resorts World Las Vegas LLC, was downgraded to “negative” from “stable” by Standard & Poor’s (S&P), which…
Online sports book Betway achieved the dubious honor of becoming the UK’s most robustly punished gambling operator Thursday, as it agreed to pay a record £11.6 million ($14.6 million) fine…
The Las Vegas Strip is awash in cancellations and postponements because of the coronavirus outbreak. But the latest example of such doesn’t involve a convention, meeting, or sporting event. The…
March Madness became a casualty to the coronavirus pandemic, as the NCAA announced the men’s and women’s college basketball tournaments, as well as other winter championships, would be canceled. The…
Both the NHL and MLS announced that they would be suspending play on Thursday because of the coronavirus pandemic. The move adds to the growing list of professional sports leagues…
Lawrence Ho’s Melco Resorts has lost its bid to keep private company documents out of reach of an unprecedented official investigation by the Australian state of New South Wales (NSW)…