Analysts Like MGM Latest Real Estate Deals, See More Coming
On Tuesday, MGM Resorts International (NYSE:MGM) announced the sales of Mandalay Bay and MGM Grand for $4.6 billion, moves that are being cheered by analysts that see cash being freed…
Pelosi Names Impeachment Prosecutors, Odds Long Trump Convicted
House Speaker Nancy Pelosi has named her chamber’s prosecuting team that will make the Democratic Party’s case as to why President Donald Trump should be ousted from office. Speaker Pelosi,…
Former CFO Caught in Corruption Scandal Sues Casinos Austria for €2.3M
The controversial former CFO of Casinos Austria (CA), Peter Sidlo, has filed a lawsuit against his ex-employer seeking €2.3 million ($2.56 million) for unfair dismissal. Peter Sidlo was woefully underqualified…
RuPaul Drag Race Finalist ‘Baga Chipz’ Cries Discrimination Over Refused Entry to Genting Casino
A recent finalist on the UK version of RuPaul’s Drag Race claims he was refused entry to the Genting Casino in Edinburgh, Scotland because of discrimination, and was dubbed “a…
MGM Selling Grand, Mandalay Bay to Blackstone, MGP for $4.6 Billion
MGM Resorts International (NYSE:MGM) is selling the MGM Grand and Mandalay Bay on the Las Vegas Strip to a joint venture controlled by MGM Growth Properties (NYSE:MGP) and Blackstone Real…
Britain Bans Credit Card Payments for All Gambling Products but Lottery
Britain will prohibit the use of credit cards as a payment mechanism for the gambling sector starting April 14. The ban was announced by the UK Gambling Commission (UKGC) on…
Twin River Execs Will Dodge Most of a Lawsuit by a Former Investor
High-ranking executives at Twin River Worldwide Holdings, Inc. (NYSE:TRWH) are in the clear in a lawsuit brought against the company by Chatham Asset Management, LLC. But the board of directors…
Houston Astros Cheating Scandal Questions Game Integrity
The Houston Astros are guilty. The 2017 World Series champions are in crisis mode following the league handing down a maximum $5 million fine for the team’s sign-stealing scheme that…
Cosmopolitan Rejects OJ Simpson Claim His Reputation Was Tarnished
OJ Simpson is suing The Cosmopolitan of Las Vegas on grounds that the casino’s banning him in November of 2017 damaged his reputation. The Strip resort says that’s a bunch…
DraftKings Will Serve Football-Hungry DFS Players With an XFL Offering
Super Bowl LIV is scheduled for Feb. 2, and in most years, the premier contest marks the end of competitive football until August, when the NFL’s exhibition season and a…