Pansy Ho Continues Reducing Her Equity Stake in MGM Resorts
Pansy Ho, the eldest daughter of Macau gaming mogul Stanley Ho, continues paring her stake in MGM Resorts International (NYSE:MGM). Pansy Ho continues departing MGM stock and now owns just…
Las Vegas Stadium Authority Dismisses Culinary Union Leader
Geoconda Arguello-Kline, a union leader who serves as secretary-treasurer of the Culinary Union, garnered widespread support in her nomination for the Las Vegas Stadium Authority (LVSA) Board of Directors. Culinary…
Penn National Gaming Director Busted for Embezzling Gift Cards
Penn National Gaming’s (PNG) former director of benefits is facing multiple of charges of theft for allegedly pilfering gift cards that she should have bestowed on the company’s employees. Denise…
Wynn Extends Maddox Through 2022, Adds Performance Clause
Wynn Resorts, Ltd. (NASDAQ:WYNN) said its board of directors unanimously voted to extend CEO Matt Maddox’s employment contract through the end of 2022. The board of Wynn Resorts voted unanimously…
Pennsylvania Sports Betting Surges as Handle Tops $300M in November
Sports betting in Pennsylvania continued its ascent as the state’s sportsbooks took in nearly $316.5 million in wagers for November. According to an announcement Tuesday from the Pennsylvania Gaming Control…
Macau Casino Revenue in December Pacing for Worst Month in 2019
Macau casino revenue through the first half of December is dragging behind what was already rather weak projections from gaming industry analysts. Macau casino revenue hasn’t benefited from an influx…
Texas Rangers World Series Odds Shorten After Landing Corey Kluber
The odds on the Texas Rangers winning the franchise’s first World Series have considerably shortened after the team traded for Cleveland Indians ace Corey Kluber. Corey Kluber is moving to…
Macau Tourist Data Slumped in 2019 And That Will Continue in 2020
Macau’s tourism data dipped in November and visits are expected to tumble again this month, making it unlikely that 40 million travelers will have come to the Special Administrative Region…
Osaka Casino Committee Formed to Select Operating Partner
The Osaka prefecture and city have jointly formed a seven-person committee that will be responsible for selecting the region’s private-sector integrated casino resort partner. Osaka Mayor Ichiro Matsui believes the…
Boyd Gaming Stock Is Soaring and Some Hedge Funds are Missing Out
Even the pros make mistakes, and that appears to be the case with some hedge funds with regards to Boyd Gaming Corp. (NYSE:BYD) stock. Hedge funds soured on Orleans operator…