Nevada Resort Association Takes Aim at Casino Tax-Hike Ballot Measure
Nevada’s casinos are looking to sabotage a ballot initiative that calls for a major hike on gaming tax. Nevada casinos are fighting back against the proposed gaming tax hike by…
Gaming Analysts Say Macau February GGR Could Drop 60 Percent
Macau had a very difficult January, and February is only looking worse. Macau casino floors are nearly ghost towns because of the coronavirus. (Image: Macau Special Administrative Region) The gaming…
UK Racecourse Bookies Fail Underage Betting Test at Royal Ascot
Seven UK racecourse bookmakers have been told to forfeit 2.5 percent of a year’s worth of their gross profits as penalty for allowing an undercover 16-year-old to place a small…
Super Bowl 54 Delivers New Jersey Sportsbooks $4.28M Loss
Sunday’s Super Bowl 54 between the winning Kansas City Chiefs and San Francisco 49ers resulted in a major loss for oddsmakers in New Jersey. Super Bowl 54 brought crowds of…
Reno Convention and Visitors Authority CEO Under Investigation
Reno-Sparks Convention and Visitors Authority CEO Phil DeLone is under investigation on allegations of misconduct, the agency said last week. Phil DeLone is being investigated for alleged misconduct overseeing the…
Macau Casinos Will Close For Two Weeks Amid More Coronavirus Cases
Macau Chief Executive Ho Iat Seng said Tuesday the Special Administrative Region’s (SAR) gaming venues will be closed for two weeks, as the number of coronavirus cases there has ballooned…
Wynn Resorts Credit Rating at Risk due to Macau Coronavirus
Wynn Resorts (NASDAQ:WYNN) depends on Macau for significant portions of its revenue and earnings before interest, taxes, depreciation and amortization (EBITDA), making the operator vulnerable to declines in visits to…
Nevada Sportsbooks Won Super Bowl with Near Record Handle, Hold
The Kansas City Chief hoisted the Lombardi Trophy as winners of Super Bowl 54, but Sunday was a great day for Nevada sportsbooks, too. Patrick Mahomes was MVP of the…
More Indictments Filed Against Tsukasa Akimoto for Alleged Japan Bribery
Tsukasa Akimoto, a Japanese politician who played a key role in the ongoing process to legalize casinos, was indicted again in connection with a suspected bribery scheme. Tsukasa Akimoto has…
As Iowa OKs Eldorado-Caesars Deal, Sportsbook Issue Still Unresolved
ALTOONA, Iowa – As state gaming boards continue to approve the merger between Eldorado Resorts and Caesars Entertainment, officials from both companies are working to close the deal that would…