Ho Chi Minh City to Test Locals Gaming

Vietnam’s program to establish locals-friendly casinos around the country is expanding, and Ho Chi Minh City (formerly Saigon) is the latest location to join the candidate pool.

Published May 23, 2022

Tiger Challenges Okada’s Reinstatement

Tiger Resort, Leisure and Entertainment Inc., which runs the Okada Manila resort in the Philippines, says it will fight a move by founder Kazuo Okada (l.) to return to...

Published May 23, 2022

In Las Vegas, MGM Closes Deal to Buy Cosmo Ops

MGM Resorts has acquired the operations of the Cosmopolitan in Las Vegas from Blackstone Group in a $1.625 billion deal. MGM hopes the property will attract millennials. Blackstone will...

Published May 23, 2022

WEEKLY FEATURE: Chicago Wants More Money from Bally’s

Chicago reportedly is looking for a sure bet from its planned Windy City casino. It has proposed that the River West site of a billion-dollar Bally’s casino resort (l.)...

Published May 23, 2022

Turning Away Gamblers, Macau Risks One-Fifth of GGR

China’s crackdown on cross-border gambling includes closer scrutiny of mainland visitors to Macau. Since 2021, immigration officials have identified some 90,000 frequent gamblers, who were then declined entry to...

Published May 23, 2022

The Vallen Legacy Set in Stone

Hospitality Hall’s new “Jerry and Flossie Vallen Executive Suite” tells the story of triumph over challenge and the tenacious spirit that helped build UNLV.

Published May 16, 2022

Maine OKs Sports Betting, But Tribal Monopoly May Not Last

On May 2, Maine Governor Janet Mills signed a bill that gave gaming tribes the exclusive right to mobile sportsbooks, with commercial casinos, OTBs and racetracks permitted to offer...

Published May 16, 2022

FanDuel Pushes Aggressive Player Acquisitions

The leading sportsbook is bucking a trend by pursuing acquisitions when rivals are holding back. The FanDuel parent Flutter added more than 1.3 million customers in the first quarter.

Published May 16, 2022

GLOBAL GAMING BUSINESS PODCAST: Latisha Casas, Chairwoman, San Manuel Gaming & Hospitality Authority (SMGHA) and Cynthia Kiser-Murphey, General Manager, The Palms Casino Resort

This week, the GGB Podcast sits down with Latisha Casas, the chairwoman of the San Manuel Gaming & Hospitality Authority and Cynthia Kiser-Murphey, the general manager, of the Palms...

Published May 16, 2022

FANTINI’S FINANCE What is the Best Barometer, Share Dividends or Stock Repurchases?

Dividends provide cash that investors can use as they see fit. The value of repurchases can be canceled when companies offer overly generous stock options. It’s a good sign...

Published May 16, 2022

California Sports Betting Measures Down to Two

As the players in California’s battle to legalize sports betting have been reduced from four to two, spending is intensifying. The campaign pits a tribal initiative against one pushed...

Published May 16, 2022

Kansas Governor Signs Sports Betting Bill

Kansas Governor Laura Kelly (l.) last week signed a sports betting bill that lets the state’s four casinos open retail sportsbooks, partner with three online betting operators and open...

Published May 16, 2022

City of Dreams Mediterranean Hampered by Construction Delays

Melco Resorts and Entertainment’s City of Dreams Mediterranean integrated resort in Cyprus is experiencing setbacks due to construction difficulties. Melco is hopeful the property will open by year’s end....

Published May 16, 2022

More Executives Out at Star Entertainment

Three more executives have resigned from Star Entertainment Group amid allegations of money laundering and other compliance breaches at the Australian casino giant. They follow former CEO Matt Bekier...

Published May 16, 2022

Court Orders Okada to Be Reinstated as Tiger Resorts CEO

The Philippines Supreme Court has ordered that Japanese billionaire Kazuo Okada (l.) be restored as chairman and CEO of Tiger Resort Leisure and Entertainment, which operates the Okada Manila...

Published May 16, 2022

Wynn CEO Talks UAE, New York City and Macau

Wynn Resorts CEO Craig Billings (l.) used a first-quarter earnings call to discuss the company’s planned $2 billion resort in United Arab Emirates, as well as prospects in New...

Published May 16, 2022

Chicago Residents Vent Casino Concerns

At a community meeting last week, Chicago residents expressed a range of concerns over Mayor Lori Lightfoot’s choice of Bally’s $1.74 billion casino resort in River West. The full...

Published May 16, 2022

WEEKLY FEATAURE: Final Macau Gaming Law In Flux

The bill that would change Macau gaming law is changing the closer it gets to the deadline of late June for its passage, according to committee chairman, Andrew Chan...

Published May 16, 2022

Marcos Is Back in the Philippines

Ferdinand Marcos Jr., son of the former dictator, was elected president of the Philippines in a landslide victory last week, with Sara Duterte, daughter of the former president, to...

Published May 16, 2022

Women A Growing Part of U.S. Sports Betting

Men have always been the gender associated with sports betting. But women are rallying to catch up. The number who signed up for sportsbooks apps rose 115 percent in...

Published May 16, 2022