Rich Get Richer

The world’s 20th richest individual—yes, that would be Sheldon Adelson—has gotten richer as a result of a new employment contract that more than doubles his compensation to $26.1 million....

Published April 16, 2018

FANTINI’S FINANCE: Winter Blues

The first quarter reports are due in soon and they may not be as rosy as they have in recent quarters. Severe weather impact lots of different gaming jurisdictions...

Published April 16, 2018

GLOBAL GAMING BUSINESS PODCAST: Jerry Epstein, CEO, Engaged Nation

This week, the GGB Podcast features a discussion with Jerry Epstein, the CEO of Engaged Nation, a marketing company that specializes in gamification for companies in the gaming industry...

Published April 16, 2018

WEEKLY FEATURE: Japan Casino Bill Shaping Up

Lawmakers from Japan’s ruling coalition have agreed on pieces of a regulatory bill to launch casino gaming in the country. If the bill goes to parliament this month, it...

Published April 9, 2018

MGM Growth Properties to Buy Hard Rock Rocksino

MGM Growth Properties (MGP) has purchased Ohio’s Hard Rock Rocksino Northfield Park, outside of Cleveland—the state’s most lucrative casino. It’s the first property not operated by MGM Resorts that...

Published April 9, 2018

Odyssey to Buy Olympic

Odyssey Europe AS will take over Olympic Entertainment Group in a transaction worth €288 million (US$353 million). Odyssey will acquire 100 percent of shares at €1.90 per share in...

Published April 9, 2018

PGA Joins NBA, MLB in Supporting Sports Betting—With Fee

An NBA official revealed at an Illinois legislative hearing that the Professional Golf Association supports efforts by the NBA and MLB to support legalization of sports betting with “integrity...

Published April 9, 2018

Special Session Possible In Florida

Florida House Speaker Richard Corcoran (l.) may call a special session over potentially losing millions in annual payments from the Seminole Tribe in return for exclusivity. Tribal attorney Barry...

Published April 9, 2018

Boracay Casino: A $100 Million Bonanza?

Galaxy Entertainment Group says its planned resort on Boracay Island in the Philippines will bring in revenues of $100 million a year once it opens. Critics question the government’s...

Published April 9, 2018

MGM To Buy Wynn?

A report in the New York Post last week speculated that MGM Resorts is interested in buying Wynn Resorts, despite denials from MGM Chairman & CEO Jim Murren (l.)....

Published April 9, 2018

First Mississippi Gaming Hall of Fame Class Revealed

The Mississippi Gaming & Hospitality Association last week announced the first inductees into the new Mississippi Gaming Hall of Fame. The honorees all played a key role in the...

Published April 9, 2018

GLOBAL GAMING BUSINESS PODCAST: Kate Lowenhar-Fisher, Member, Gaming & Hospitality Practice Group, Dickinson Wright

This week, the GGB Podcast features an interview with Kate Lowenhar-Fisher, a member of the Gaming and Hospitality Practice Group of the Dickinson Wright law firm, on how sports...

Published April 9, 2018

WEEKLY FEATURE: Virgin Buys Hard Rock Las Vegas

Virgin Group founder Richard Branson (l.) celebrated in Las Vegas last week about a deal in which his Virgin Hotels agreed to buy the legendary Hard Rock Hotel. The...

Published April 2, 2018

Political Deadlock Stymies Japan Gaming

The Japan government’s coalition partners, the ruling Liberal Democratic Party and the Komeito (symbol at left), remained deadlocked last week on the majority of issues surrounding passage of the...

Published April 2, 2018

UK Conservative Party MPs Back £2 FOBT Stake

Despite a recommendation to set the maximum bet for non-slot fixed odds betting terminals to £30 by the UK Gambling Commission, reports say many UK Parliament members are still...

Published April 2, 2018

Struggling del Lago Looks for State Aid

The central New York casino del Lago (l.) is coming off an abysmal first year and is asking the state for relief, most likely in the form of a...

Published April 2, 2018

Star Has Big Plans for Queensland

The Star, formerly Star Entertainment Group of Australia, is looking to grow its holdings in Queensland, with investments totaling AU$3 billion on the Gold Coast alone. The company recently...

Published April 2, 2018

Bill Would put Mashpee Land Into Trust

The Mashpee Wampanoag tribe of Massachusetts, whose proposed $1 billion casino in Taunton has been languishing since a federal judge ruled for the tribe’s opponents two years ago. But...

Published April 2, 2018

The Answer to Integrity is Data, Not Leagues

The integrity fee being pushed by the major sports leagues will surely destroy the already slim margins for sports book operators. Worst of all, it’s not necessary, if you...

Published April 2, 2018

Seminar Views Floor of the Future

New game styles, skill slots and environments to please young players were weighed by a panel of casino executives who view the creation of the slot floor of the...

Published April 2, 2018