Wynn Fights Back in Massachusetts

Many dramatic turns marked the three days of testimony at the Massachusetts Gaming Commission’s hearing on the suitability of Wynn Resorts Ltd. to keep its license to operate a...

Published April 15, 2019

WEEKLY FEATURE; Wynn Scraps Talks to Buy Crown Resorts

Wynn Resorts reportedly was offering US$10.50 per share in a combined cash and stock deal that valued the Australian casino giant Crown Resorts at $7.83 billion and its flagship,...

Published April 15, 2019

DOJ: Lotteries Not Part of Wire Act Opinion

Another memo from federal Deputy Attorney General Rod Rosenstein (l.) says that the DOJ’s new interpretation of the 1961 federal Wire Act did not address whether it applies to...

Published April 15, 2019

GLOBAL GAMING BUSINESS PODCAST: Erik Lögdberg, Deputy CEO, Chief Business Development Officer, Kambi

This week, the GGB Podcast features a discussion with Erik Lögdberg, the deputy CEO and chief business development officer for Kambi to review the early stages of his company’s...

Published April 8, 2019

Sci Games Selling Part of Social Business

Scientific Games is planning an initial public offering of minority interest in its social gaming function, which now will be called SciPlay Corporation, and will be listed on the...

Published April 8, 2019

Raining on the Parade

Gaming veteran Richard Schuetz (l.) delivers a reality check with respect to problem gambling in a piece that recalls his first experience with problem gamblers. He suggests the gaming...

Published April 8, 2019

New Hampshire Wire Act Challenge Could Be Decided by May

The executive director of the New Hampshire Lottery expects the state’s challenge of the U.S. Department of Justice’s new legal interpretation of the 1961 federal Wire Act could be...

Published April 8, 2019

Sydney Pols Slam Casino Towers

Members of Sydney’s Clover Moore Independent Team are taking swipes at two casino towers under development in the city, with one councilor calling them “a two-fingered salute” to the...

Published April 8, 2019

UK Implements FOBT Cuts

The UK has finally implemented cuts to the maximum bet allowed on fixed odds betting terminals and reports already have led to accusations that bookmakers are trying to get...

Published April 8, 2019

Casino Bill Expected to Pass in Myanmar

Thailand and Myanmar are the only countries in Southeast Asia without legal casino industries. That’s about to change, according to a report that Myanmar’s parliament is set to OK...

Published April 8, 2019

Sports Betting Tax Revenue Less than Expected in Most States

An analysis by the Associated Press found that many states that rushed to introduce sports betting have seen tax revenue far below what was projected. Many were hurt by...

Published April 8, 2019

VICI, Hard Rock Buy JACK Cincinnati

Hard Rock International last week announced that it had purchased JACK Cincinnati (l.) and nearby Turfway Park for $780 million. The deal was completed along with VICI Properties, which...

Published April 8, 2019

WEEKLY FEATURE: Wynn Rocked in Massachusetts Hearings

The long-awaited hearing on the suitability of Wynn Resorts to hold a license for its Massachusetts casino, Encore Boston Harbor, was held last week and it wasn’t a good...

Published April 8, 2019

Singapore Extends & Expands Two Casinos

Singapore has approved multibillion-dollar expansion plans for the city’s two integrated resorts, Marina Bay Sands (l.) and Resorts World Sentosa. It’s also extended the IRs’ monopoly lock through 2030....

Published April 8, 2019

GLOBAL GAMING BUSINESS PODCAST: Walter Bugno, Chief Executive Officer, IGT International

This week, the GGB Podcast sits down with Walter Bugno, the CEO for IGT International, responsible for all IGT gaming sales activities outside of North America.

Published April 1, 2019

Four Gaming Giants Undergo Transitions

Casino companies that account for much more than a majority of the casinos on the Las Vegas Strip are undergoing traumatic transitions. Two are undergoing financial earthquakes, while two...

Published April 1, 2019

FANTINI’S FINANCE: Ask the Eight Ball

What do the larger economic trends mean to the gaming industry? How serious is the decline in Las Vegas visitation? What does the expanding slot route operations mean to...

Published April 1, 2019

DOJ Seeks to Dismiss New Hampshire Lawsuit on Wire Act

The U.S. Department of Justice has filed a memorandum in support of their motion to dismiss the lawsuit filed by the state of New Hampshire and its lottery challenging...

Published April 1, 2019

San Manuel Band Names Gill CEO

Loren Gill has been named CEO of tribal government operations and casino enterprises for the San Manuel Band of Mission Indians of Southern California. He was promoted from general...

Published April 1, 2019

Interior OK Heats Up Connecticut Gaming Beefs

The nod from the Department of the Interior that their amended tribal state gaming compacts to build a third casino (l.) are approved was given to Connecticut tribes last...

Published April 1, 2019