By Jayson Peter Sands Bethlehem Sale To Fund Asia Expansion June 10, 2019 Las Vegas Sands Corp chaired by billionaire Sheldon Adelson is the biggest casino operator in the world and a trend setter in the casino industry. Sands Corp recently completed the sale of its Sands Bethlehem casino in Pennsylvania which it sold for $1.3 billion to the Poarch Band of Creek Indians of Alabama. Las Vegas […]
By Rachel Bennett Pennsylvania Casinos Ask Commonwealth Court To Limit iLottery Games June 5, 2019 Casinos in Pennsylvania have waited for a long time to get the online casino games up and running. Things are looking up as the Keystone State is expected to have its commercial iGaming industry up and running by mid-July. A number of casinos in Pennsylvania have joined forces and asked the Commonwealth Court to put […]
By Sadonna Price New York’s Gambling Problems Set to Be Exposed in New Study May 21, 2019 Earlier this year, New York Comptroller Thomas DiNapoli was very critical of the Office of Alcoholism and Substance Abuse Services (OASAS) after the agency failed to conduct a comprehensive study that would assess the impact of gambling throughout the state. DiNapoli conducted an audit of the agency between January 2017 and September 2018. Three months […]
By Sadonna Price MGC Allows Wynn Resorts To Keep Boston License But Are Fined May 2, 2019 Wynn Resorts has had to go through a number of trying months recently as the company was subjected to an investigation by the Massachusetts Gaming Commission (MGC) regarding the conduct and sexual misconduct allegations made against its former chairman and founder Steve Wynn. Steve Wynn stepped down from his post after former employees told the […]
By Sadonna Price Caesars Entertainment Sale Is Expected To Take Place Very Soon April 12, 2019 Caesars Entertainment is one of the world’s biggest gambling operators and entertainment companies. The company is expected to be officially placed on the market within the next few days. Reports say that the board has plans to announce that it has approved the sales commencement process. This was mostly done because of the pressure done […]
By Sadonna Price New Showboat Casino In AC Could Pose Market Saturation Concerns March 20, 2019 Atlantic City’s casino industry suffered greatly in 2014 for as many as four casinos shutdown and caused the city a lot of turmoil as gaming taxes were reduced significantly and thousands of casino employees lost their jobs. In 2018, two of those four closed casinos re-opened their doors under new brands and it looks like […]
By Sadonna Price DOJ’s Wire Act Decision ‘Unenforceable’ According To MGM CEO February 15, 2019 Jim Murren, Chairman and Chief Executive Officer (CEO) of MGM Resorts International has criticized the decision of the Department of Justice (DOJ) regarding the Wire Act. Murren made these critical remarks during the conference call discussing the earnings of the fourth quarter of the company. Murren reportedly said that it was “poorly written” and “perplexing” […]
By Sadonna Price Parx Casino Wants iGaming Operations in New Jersey October 31, 2018 Parx Casino in Pennsylvania was one of the many land based casino operators that was against legalizing online gambling in the state. The common perception with land based operators was that the online gambling industry would eat into their profits and hence they opposed online gambling. However, Pennsylvania moved forward and passed an expanded gambling […]
By Sadonna Price Churchill Downs Inc Set To Enter Pennsylvania Casino Market August 14, 2018 Churchill Downs Incorporated (CDI) announced this week that they will take over the management at Lady Luck Casino Nemacolin in Farmington. They are also in the process of finalizing their acquisition of Presque Isle Downs and Casino in Erie. These deals give CDI a piece of the Pennsylvania casino market. CDI had already tried to […]
By Mihajlo Ivanovic Nevada Close To Finalizing New Sexual Harassment Policies August 9, 2018 The Nevada Gaming Regulator decided that it was time for it to upgrade its sexual harassment policies in light of the Steve Wynn sexual harassment scandal and the #MeToo movement. The gaming regulator reached out hundreds of casino employees and executives to get their feedback and views on sexual harassment policies being adopted in Nevada’s […]
