MLB Seeks Ban on Spring Training Bets; PA Folds

A request from Major League Baseball that casinos forego any sports betting involving 2019 Major League Baseball spring training games has met with mixed results from casinos. Nevada has...

Published March 4, 2019

Virginia Legislators Approve Casino Bill

Virginia lawmakers passed a bill authorizing casinos in Bristol, Danville, Portsmouth, Richmond and Norfolk, if voters in those cities approve. First, a comprehensive casino gambling study must be completed...

Published March 4, 2019

Icahn Inks Deal With Caesars; Gets Three Board Members

Caesars Entertainment reached an agreement with Carl Icahn that gave the corporate raider sizable representation on the board of directors and input on the choice of a new CEO....

Published March 4, 2019

Greece Sets Bidding Deadline

Gaming operators interested in running a casino at Greece’s Hellinikon resort complex have until April 22 to submit their bids. The casino will be part of a larger €8...

Published March 4, 2019

Daisy Ho: Shareholder Alliance a Plus for SJM

Daisy Ho (l.), chairman of SJM Holdings Ltd. and daughter of casino titan Stanley Ho, has spoken out in support of the recently forged shareholder alliance involving her sister,...

Published March 4, 2019

WEEKLY FEATURE: Can’t Beat ‘Em, Join ‘Em

Caesars Entertainment and daily fantasy sports giant DraftKings have signed a partnership deal that will give DraftKings access to Caesars’ markets in several states, though what specific markets were...

Published March 4, 2019

Nevada Hammers Wynn Resorts

The Gaming Commission leveled a $20 million penalty—the largest in Nevada gaming history—for Wynn Resorts’ failure to act in the face of years of allegations that Steve Wynn was...

Published March 4, 2019

GLOBAL GAMING BUSINESS PODCAST: Phyllis Gilland, President, Global Gaming Women

This week, the GGB Podcast features a revealing look at the Global Gaming Women organization and its educational opportunities with President Phyllis Gilland.

Published February 25, 2019

Risk Management for Sports Wagering in a Casino Environment

Casinos don’t carry insurance policies on the money wagered so they must manage the risk themselves. When you throw sports betting into the mix, it gets complicated. Former casino...

Published February 25, 2019

FANTINI’S FINANCE: Business As Usual

Fourth-quarter earnings season has been quiet—no big surprises. The situations in Macau and Japan are becoming more clear and government involvement in gaming in Europe is becoming more troubling....

Published February 25, 2019

D’Arrigo Out at MGM

Dan D’Arrigo (l.), the chief financial officer at MGM Resorts, retired last week in connection with the MGM edict to cut $100 million in staffing costs before 2020. D’Arrigo’s...

Published February 25, 2019

States May Sue To Overturn New Wire Act Ruling

Frustrated at a recent Department of Justice interpretation of the federal Wire Act of 1961 that could threaten online sports betting, several states are threatening to take the DOJ...

Published February 25, 2019

Racetrack Alleges Bribery in Massachusetts’ Suit Versus Wynn

The owners of Sterling Suffolk Racecourse LLC, Suffolk Downs (l.), which was already suing Wynn Resorts over that company’s winning of the Boston Metro casino license several years ago,...

Published February 25, 2019

Hellinikon Casino Tender Ready to Go

The tender for an €8 billion (US$9.1 million) integrated resort license in Greece is reportedly ready to move forward. The resort with casino will be located at the former...

Published February 25, 2019

Beijing’s Big Plans for Macau

The release of the Beijing government’s development plan for the Greater Bay Area is seen as a sign of its support for Macau, Guangdong and Hong Kong, say observers....

Published February 25, 2019

Sands, MGM Both Eye Osaka

Osaka has long been considered a prime candidate for one of three Japan integrated resorts. At least two big U.S. gaming firms have an Osaka IR in their sights:...

Published February 25, 2019

WEEKLY FEATURE: Casino Ban Stands in Philippines

Philippine President Rodrigo Duterte (l.) has yet to reconsider his ban on new casino licenses in the country, says a spokesman. Even so, a number of projects seem to...

Published February 25, 2019

Icahn Moves on Caesars

After buying a pile of Caesars Entertainment stock, corporate raider Carl Icahn wants the gaming giant to put itself up for sale to boost its value. With little choice,...

Published February 25, 2019

GLOBAL GAMING BUSINESS PODCAST: Willy Allison, Organizer, World Game Protection Conference

This week, the GGB Podcast features a discussion with Willy Allison, the owner and organizer of the World Game Protection Conference, being held at the Tropicana in Las Vegas...

Published February 18, 2019

90 Percent of Casino Patrons Play Responsibly, Says AGA Report

A recently released survey by the American Gaming Association shows that 90 percent of people who visit a casino the U.S. games responsibly. It was released at the same...

Published February 18, 2019