Caesars Expanding into Non-Gaming Markets

A new strategy crafted by the Las Vegas-based gaming giant is aimed at placing four of its best-known names—Caesars Palace, Flamingo, Cromwell and The Linq—on non-gaming resort hotels worldwide....

Published June 11, 2018

Report: Kindred Group Eying DraftKings

According to the website Legal Sports Report, European-based online gaming company Kindred Group is considering a possible acquisition of U.S. daily fantasy sports giant DraftKings. The move comes after...

Published June 11, 2018

Feds Approve 3rd Connecticut Casino

The Department of the Interior has finally published a notice in the Federal Register acknowledging the amendments to the tribal state gaming compact of Connecticut’s Mohegan tribe. When a...

Published June 11, 2018

Delaware Takes First Sports Bets

Delaware was the first state to begin sports betting after the U.S. Supreme Court struck down a federal ban and beating New Jersey, which had actually made the challenge...

Published June 11, 2018

Mohegans Want to Overturn Wynn License

The Mohegan Tribe, which has challenged the decision by the Massachusetts Gaming Commission to give a casino license to Wynn Resorts instead of it, has amended its complaint. Now...

Published June 11, 2018

Sheldon Adelson: ‘One or More’ IRs for Brazil

Billionaire gaming mogul Sheldon Adelson (l.) visited Brazil again recently to reiterate his interest in building an integrated casino resort in the world’s fifth-largest country. Brazil’s population vastly exceeds...

Published June 11, 2018

Another Crackdown for Macau?

Could the world’s No. 1 gaming hub be facing a new government crackdown? Casino shares declined last week on news that Beijing would restrict ATM cash withdrawals through the...

Published June 11, 2018

WEEKLY FEATURE: New Jersey Passes Sports Betting Bill

The New Jersey legislature last week unanimously passed bills to begin regulation of sports betting in the state and allow sports books to open in Atlantic City and Garden...

Published June 11, 2018

GLOBAL GAMING BUSINESS PODCAST: Scott Fisher and Suzanne Perilloux Leckert, Partners, Convergence Strategy Group

This week the GGB Podcast features an interview with Scott Fisher and Suzanne Perilloux Leckert, who are partners in Convergence Strategy Group, a new consulting group in the industry....

Published June 4, 2018

2018 WSOP Begins

The 2018 World Series of Poker is underway in Las Vegas and before it is finished will include 78 high-stakes card tournaments including four online tournaments that will welcome...

Published June 4, 2018

Cryptocurrency, a New Prospect for Casinos

The incredible rise in the value of Bitcoin made the gaming industry sit up and take notice. But how can gaming take advantage of cryptocurrency given all the regulatory...

Published June 4, 2018

You’re Busted: eSports—The Sequel

When the daily fantasy sports industry crashed and burned, it was largely a result of its uncertain legal status. Could the same thing happen with eSports, particularly with the...

Published June 4, 2018

FANTINI’S FINANCE: Sorting It Out

A month after sports betting was legalized by a Supreme Court decision, the fallout has become more clear. Winners are becoming apparent, but there is still some uncertainty that...

Published June 4, 2018

Delaware to Launch Sports Betting This Week

The First State will be the first state to offer full-scale sports betting this week. Delaware, by virtue of being grandfathered by PASPA, already has a sports betting law...

Published June 4, 2018

Baha Mar Unveils Final Hotel, Completing Resort

With the opening of the Rosewood Baha Mar hotel, the Bahamas’ Baha Mar Resort (l.) completes its phased opening of the sprawling resort on Nassau’s Cable Beach.

Published June 4, 2018

Japan Could Extend Diet Session for IR Bill

The Japan Diet (parliament) may extend the current legislative session in order to dispense with some importance business: the passage of the country’s Integrated Resorts Implementation Bill. The current...

Published June 4, 2018

Penn National, Jamul Tribe Separate

The tiny Jamul Indian Village last week took possession of the Hollywood Casino Jamul from Penn National Gaming. The San Diego tribe immediately changed the name of the casino...

Published June 4, 2018

Las Vegas Strike Averted

Figures released by the Culinary Union show a citywide walkout by its 50,000 members would have cost Caesars and MGM, their largest employers, upwards of $300 million in earnings...

Published June 4, 2018

WEEKLY FEATURE: Hard Rock Gets OK for Spanish Casino

U.S.-based casino operator Hard Rock International has secured its license to build an integrated casino resort in the Catalonia region of Spain. The company will invest €700 million (US$818...

Published June 4, 2018

GLOBAL GAMING BUSINESS PODCAST: Jonodev Chaudhuri, Chairman, National Indian Gaming Commission

This week, the GGB Podcast sits down with Jonodev Chaudhuri, the chairman of the National Indian Gaming Commission, on the end of his term and what he feels he...

Published May 28, 2018