Penn National Revenues Top $5.3B, Focused on Younger Customers
Penn National Gaming reported today that full-year 2019 revenue totaled more than $5.3 billion, a 48 percent surge compared with 2018. Penn National Gaming CEO Jay Snowden said the firm…
Former Illinois State Rep. Luis Arroyo Pleads Not Guilty to Bribery Charge
A former Illinois state representative charged with bribing an unnamed state senator to win support for gambling legislation pleaded not guilty in a federal court this week. Luis Arroyo is…
Redskins Will Have Minority Shop Running In-Stadium Sportsbook
The Washington Redskins are angling for in-stadium sports wagering should Maryland policymakers approve sports betting. The team is pledging that it will work with a minority-owned company if it’s allowed…
Maine Sports Betting Odds Remain Alive, as Senate Overrides Gov. Veto
Maine’s sports betting effort remains alive following the state Senate’s 20-10 vote on Thursday to override Governor Janet Mills’ (D) veto of the legislation. The sun is rising again on…
Flutter-Stars Group Merger to Be Probed by Antitrust Regulators
The proposed $12.2 Billion takeover of PokerStars parent The Stars Group (TSG) by Flutter Entertainment is to come under the scrutiny of the UK’s antitrust regulator, the Competition and Markets…
Kentucky Gov. Beshear Calls on Lawmakers to Pass Sports Betting Bill
FRANKFORT, Ky. – Flanked by lawmakers, business leaders, and other proponents of sports betting, Kentucky Gov. Andy Beshear called on the General Assembly Thursday to pass a bill that would…
Wynn Q4 Numbers Sag, Maddox Provides Some Update on Coronavirus
Wynn Resorts (NASDAQ:WYNN) reported fourth-quarter results after the close of US markets today. But as was widely expected, the novel coronavirus and its impact on the Macau gaming scene took…
Premier League Will Defend Club Sports Betting Sponsorships
New Premier League chief executive Richard Masters says that while his league is happy to work with the UK government when it comes to regulating gambling, he believes that soccer…
Mashpee Tribe Back in Court to Defend Soveriegnty and Casino
The Mashpee Wampanoag tribe had its day in a federal appeals court Wednesday, as its lawyers argued for the tribe’s right to self-governance and to build a $1 billion casino…
LVS President Goldstein Says Macau Closures Could go Beyond 2 Weeks
Macau’s casino closure effort, aimed at protecting the Special Administrative Region’s (SAR) citizens and gaming staffers from the coronavirus, could last beyond the expected two weeks, according to one industry…