FANTINI’S FINANCE: Assets or Operations?

MGM Resorts CEO Jim Murren last week outlined the potential sale of the remaining real estate assets of the company. His vision is to transform MGM into a developer-manager-operator...

Published November 4, 2019

Yahoo, MGM Resorts Bring Online Betting to Fantasy App

Thanks to an agreement between Yahoo Sports and MGM Resorts, patrons can bet online through Yahoo’s fantasy sports app. Fans will be able to bet on a number of...

Published November 4, 2019

Bobby Baldwin Named Chief Executive Officer of Drew Las Vegas

Witkoff has appointed former MGM and Mirage executive Bobby Baldwin as vice chairman of Witkoff and chief executive officer of Drew Las Vegas. Baldwin will help develop the long-delayed...

Published November 4, 2019

Greece Reforms Gaming Laws

The Greek government has passed legislation that reforms the country’s gaming laws. A bill in the Invest in Greece package will see operators permitted to continue offering random number...

Published November 4, 2019

Wisconsin Tribe Fights Illinois Shut-Out

The Forest County Potawatomi Community of Milwaukee, Wisconsin has cried foul in the rejection of its plan to build a casino in the city of Waukegan, Illinois. According to...

Published November 4, 2019

SWIMA: On the Lookout for Suspicious Bets

Launched six months ago, the Sports Wagering Integrity Monitoring Association (SWIMA) alerts members of possible suspicious betting. If staff determine an activity raises red flags, SWIMA notifies regulators in...

Published November 4, 2019

Support for Prop DD High in Colorado

With Tuesday’s election looming, it’s still hard to predict whether Colorado residents will be able to place sports bets. Voters must support Proposition DD, sponsored by House Minority Leader...

Published November 4, 2019

Macau Weakness Hits Sands, SJM in Q3

Las Vegas Sands and SJM Holdings in Macau have reported declines in gaming revenue of 2 percent and 3.2 percent respectively as 2019’s double-digit drop in VIP win is...

Published November 4, 2019

Live! Philadelphia: Built to Last

Cordish Companies’ Stadium Casino celebrates the topping-off of Live! Casino & Hotel Philadelphia, which will open next year in the heart of South Philadelphia’s Stadium District. The location of...

Published November 4, 2019

WEEKLY FEATURE: California’s Hard Rock Opens with a Smash

With the ritual smashing of a guitar, the Hard Rock Hotel & Casino Sacramento last week opened the largest, most competitive casino resort in Northern California. It’s a joint...

Published November 4, 2019

VICI Conquers Cleveland

Analysts are applauding the $843.3 million deal announced by real estate investment trust VICI Properties in which it will buy and then lease back the JACK Cleveland Casino (l.)...

Published November 4, 2019

A No-Wynn Situation

The proposed action of the Nevada Gaming Control Board to ban Steve Wynn (l.) from the state’s gaming industry is misguided and foolish, according to author Richard Schuetz. It...

Published October 28, 2019

GLOBAL GAMING BUSINESS PODCAST: Tom Hoskens, Partner and Vice President, Cuningham Group

This week, the GGB Podcast features a discussion with Tom Hoskens, a partner and vice president with the Cuningham Group, about how architecture and design is changing in the...

Published October 28, 2019

FANTINI’S FINANCE: Golden Opportunity

Golden Entertainment stock has been wobbly, but the company’s investments in the Strat in Las Vegas, and even in the sleepy town of Laughlin, may soon start to pay...

Published October 28, 2019

Gullbrants Named New Encore Boston Harbor President

Wynn Resorts Ltd. has replaced the casino president who oversaw the development of the $2.6 billion Encore Boston Harbor four months after it opened its doors. Robert DeSalvio is...

Published October 28, 2019

BC Casinos: Money Laundering Part of the Past

Investigators into money laundering in British Columbia said they went looking for a minnow but found a whale—or a whole group of whales, allegedly including casino high rollers. But...

Published October 28, 2019

No Mobile, No Problem—N.Y. Sports Betting Starts Strong

New York’s fledgling sportsbooks including one at Resorts World Catskills (l.), posted an estimated $5 million in revenue through September on wagers that likely totaled in the range of...

Published October 28, 2019

Did the Oregon Lottery’s Sports Betting App Crash?

Reports that the Oregon Lottery’s Scoreboard sports betting app “crashed” the day before it went live are untrue, lottery spokesman Matt Shelby told GGB News. The Beaver State sportsbook...

Published October 28, 2019

Macau Residents Gambling Less

A new study shows the gambling participation rate by residents of the Chinese casino hub has declined to its lowest level since 2003. With a new prohibition on gambling...

Published October 28, 2019

A New Proposal for Massachusetts’ Region C

Lawmakers of the Committee on Economic Development and Emerging Technologies in Boston heard a pitch by officials of the town of Wareham and the developer who would like to...

Published October 28, 2019