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…
New No. 1 Rory McIlroy Favorite at Riviera in Genesis Invitational
Rory McIlroy, the new No. 1 player in the world, is the favorite at this week’s Genesis Invitational, held at famed Riviera Country Club in Pacific Palisades, California. Oddsmakers have…
Massachusetts Continues to Study Effect from New Casinos
Impact from Massachusetts gaming operations — on the state’s economy and social conditions — continues to be scrutinized by University of Massachusetts’ researchers — as state officials project lower receipts…
Maine House Fails to Override Sports Governor Veto, Sports Betting Dead
The Maine House of Representatives did not override Democratic Governor Janet Mills’ veto of the state’s sports betting bill Tuesday, despite having been widely tipped to do so. Oh, no,…
Despite ‘Uncertainty,’ Monmouth Park Bets on Fixed-Odds Horse Racing
Just as New Jersey opened the door for sports betting across the United States, it just might be the trendsetter for the next wagering innovation to hit America – fixed-odds…
Des Moines Airport Board Rejects Casino Proposal
The Des Moines Airport Authority has rejected a proposed $225 million casino resort that was suggested as part of an effort to fund a new terminal for the international hub….
MGM Grand Detroit Acted in Good Faith As Player Lost $6M from Investors
The MGM Grand Detroit has escaped paying over $6 million to a dozen investors who lost their money to an “admitted” fraudster who repeatedly and unsuccessfully played at the casino’s…
Russian Politician Quits Post, Forced from Party after Casino Uncovered
A St. Petersburg, Russia politician, Oleg Kalyadin, quit his local government post and was tossed out of the United Russia party after police found an illegal gambling operation in an…
Jefferies Sees Opportunity For Investors in Sports Betting Stocks
As an industry, legitimate sports wagering is still in its formative stages in the US. But some analysts believe investors don’t need to rely on American companies to access what…