New Jersey, Michigan Join New Hampshire Lawsuit on DOJ Wire Act Opinion

New Jersey has filed a brief in support of New Hampshire in a lawsuit challenging the new Department of Justice interpretation of the 1961 federal Wire Act. New Jersey...

Published March 18, 2019

Push Is On for Casinos in New York City

MGM, Las Vegas Sands and Resorts World are leading a growing choir of voices in Albany that want Governor Andrew Cuomo (l.) and the legislature to lift a moratorium...

Published March 18, 2019

Gauselmann Group Invests in German Casinos

The Gauselmann Group has announced an investment in three Germany-based casinos as part of an expansion into the casino business. The casinos are located in Mainz (l.), Trier and...

Published March 18, 2019

Nagasaki: IR by ’24

The Japanese city of Nagasaki has indicated that it would open an integrated resort in the vicinity by 2024 if it wins one of three IR licenses coming to...

Published March 18, 2019

WEEKLY FEATURE: TPG, Apollo Exit Caesars

It’s the end of an era in many ways now that the private equity firms that once owned the gaming giant, Apollo and TPG, have sold their remaining shares....

Published March 18, 2019

Macau Extends SJM, MGM Licenses

In an expected development, the government of Macau has extended the licenses of SJM and MGM Resorts (MGM Cotai l.) for two years, expiring in mid-2022. The ducats were...

Published March 18, 2019

GLOBAL GAMING BUSINESS PODCAST: Andrew McCarron, Managing Director, SBC – Sports Betting Community

This week, the GGB Podcast features a discussion with Andrew McCarron, the managing director of SBC Events to talk about a groundbreaking conference, Betting on Sports America, to be...

Published March 11, 2019

The Manel

Too often, when attending conferences, the seminar panels consist entirely of men, and should be renamed “manels.” While there certainly are exceptions, it is a disturbing trend that is...

Published March 11, 2019

Adelson’s Cancer Eliminates Court Testimony

After a prolonged absence from his office and proposed testimony in a Las Vegas lawsuit was rejected, Las Vegas Sands Corp. revealed the Chairman and CEO Sheldon Adelson (l.)...

Published March 11, 2019

Genting Stops Funding Mashpee Wampanoag Tribe

The Mashpee Wampanoag Tribe is no longer getting governmental support funds from the company that it partnered with to build the $1 billion First Light Resort and Casino. Nevertheless,...

Published March 11, 2019

Wynn Promises Biggest Japan IR

Wynn Resorts wants to go big in Japan. The U.S.-based gaming company has promised it will build the “world’s largest” integrated resort if it wins its bid for one...

Published March 11, 2019

Wynn Awaits Hearing by Massachusetts Gaming Commission

Wynn Resorts Ltd. was recently hit with a $20 million fine by the Nevada Gaming Commission as punishment for looking the other way when founder Steve Wynn was allegedly...

Published March 11, 2019

Icahn Adds to Caesars Play

A week after billionaire investor Carl Icahn (l.) ramped his courtship of Caesars Entertainment, company stock jumped. Icahn increased his ownership to over 15 percent in the company and...

Published March 11, 2019

WEEKLY FEATURE: Aristocrat, Scientific Games Dominate First EKG Slot Awards

Aristocrat Technologies, Scientific Games and IGT each won multiple awards in the inaugural EKG Slot Awards, presented at a gala Las Vegas event presented by Eilers & Krejcik Gaming....

Published March 11, 2019

60 More Days For Wire Act Enforcement

The U.S. Department of Justice has delayed implementation of its revised Federal Wire Act opinion until June 14, according to a memo from outgoing Deputy U.S. Attorney General Rod...

Published March 11, 2019

GLOBAL GAMING BUSINESS PODCAST: Barry Cottle, President & CEO, Scientific Games

This week, the podcast features an interview with Barry Cottle, the president and CEO of Scientific Games on the recent performance of the company and plans for the future....

Published March 4, 2019

FANTINI’S FINANCE: Icahn Raiders

Billionaire Carl Icahn has an impressive track record in the gaming industry, making money on several distressed gaming companies. Now his target is gaming giant Caesars Entertainment, and who...

Published March 4, 2019

Sharps vs. Bookies: A Brewing New Encounter

Despite massive amounts of data, bookmakers are still very vulnerable. Groups that want to take advantage of perceived weakness of bookmakers don’t need at that data—just a smart strategy....

Published March 4, 2019

Connecticut Gaming Tribes Threaten to Stop Payments

Connecticut’s gaming tribes say that if the state begins to take steps to entertain bidding for a commercial casino that they will cut off the 25 percent payments they...

Published March 4, 2019

New Hampshire Sues Over Wire Act memo

New Hampshire and several other parties are suing the U.S. Department over its recent memo indicating it was reversing its previous policy on the federal Wire Act. The lawsuits...

Published March 4, 2019