Macau February GGR Cruising Toward Epic Collapse, Say Analysts
Analyst estimates on February gross gaming revenue (GGR) in Macau aren’t improving. They’re getting worse, as casinos there remain closed in an effort to dampen the spread of the new…
Eldorado Gets Another State Approval in $17.3 Billion Caesars Takeover
Eldorado Resorts, Inc. (NASDAQ:ERI) landed another state approval for its $17.3 billion proposed acquisition of Caesars Entertainment Corp. (NASDAQ:CZR), getting the green light Wednesday from the Pennsylvania Gaming Control Board…
Sands, MGM Resorts Honored as ‘Food Loss and Waste Champions’
Las Vegas Sands and MGM Resorts have been named to the US Environmental Protection Agency’s (EPA) list of “Food Loss and Waste 2030 Champions.” The honor recognizes companies committed to…
Illinois VGT operator Rick Heidner Sues IGB Over Illegal Data Leak
An Illinois video-gaming terminal (VGT) operator whose bid to build a racino in Tinley Park, South Chicago, was sunk by bad press and a dubious business connection is suing the…
Canada Casino Workers Must Pay Tax on Tips, Court Rules
In Canada, gambling winnings may be tax-free, but the tips patrons give casino workers from their winnings certainly are not. Cheng Xia argued that because the source of casino tips…
Atlantic City Casinos Kickoff 2020 With Strong January, Top $300M
Atlantic City casinos and sportsbooks enjoyed a strong first month in 2020, as gross gaming revenue (GGR) exceeded $300 million, a nearly 31 percent increase on January 2019. Sports betting…
Culinary Workers, Sanders Supporters Clash over Health Insurance
A dispute has broken out between the Culinary Workers Union (CWU) and supporters of Bernie Sanders’ presidential campaign after a CWU flyer surfaced in Las Vegas. It warned members their…
Florida Is Highly Unlikely to Pass Sports Betting Legislation This Year
Sports betting isn’t likely to make much, if any, headway in Florida this year, according to state political insiders with connections in Tallahassee. Fans of sports betting may not have…
MGM CEO Jim Murren Says He Will Step Down Before Contract Ends
The gaming industry was caught by surprise on Wednesday when MGM Resorts International announced that Chairman and CEO Jim Murren has decided to step down from his position. MGM Resorts…
Butler University Bans Students, Staff from Betting on Its Sports Teams
Butler University in Indiana has become the latest US college to prohibit its students, faculty, staff, and trustees from betting on events involving the school’s athletics teams. The policy also…