In 2019, New Jersey generated more than $4.5 billion from sports betting, producing $36 million in state taxes. Mobile wagers accounted for 88 percent of the bets placed in...
The game plan for MGM Resorts is to exit the real estate business and amass a pile of cash in the process. The newly announced sale of its 5,000-room...
Atlantic City has enjoyed the fruits of sports betting. Gaming revenues, bolstered by these wagers, have rolled along to reach $3 billion in 2019. But ominous signs could be...
New Jersey Governor Phil Murphy will be the keynote speaker at the 24h annual East Coast Gaming Congress & NextGen Gaming Forum, to be held at Harrah’s Resort in...
Lawmakers in Maine will vote to override Governor Janet Mills’ sports betting veto, but it’s questionable whether supporters have the votes. Mills’ decision was based on young and vulnerable...
Connecticut-based Mohegan Gaming & Entertainment is the final remaining bidder in the race to win an Athens casino license, at the now-closed Hellenikon International Airport (l.). But reports indicate...
Under proposed legislation, the Seminole Tribe would pay Florida $3 billion in the first four years of a renewed gaming compact. The bill would allow the tribe to offer...
When it comes to business, it seems history doesn’t count for much. The gaming business is no exception. And so it is that in a matter of months, the...
International Game Technology and Twin River Worldwide Holdings are negotiating to end an impasse over a Rhode Island Lottery contract. IGT is fighting to preserve its no-bid, 20-year, $1...
The Nevada Gaming Control Board wants disgraced former casino tycoon Steve Wynn declared “unsuitable” to participate in gaming in the state. The Nevada Gaming Commission agrees. Wynn, however, says...
The New Jersey Division of Gaming Enforcement (DGE) has levied a series of fines against a handful of iGaming companies. But to the Coalition to Stop Internet Gambling, it’s...
The New Jersey Senate expects to approve legislation to permit low-level drug offenders to work in the casino industry. Governor Phil Murphy (l.) said he will sign the measure.
New cardroom rules proposed by the California Bureau of Gambling Control have venues like the Bicycle Hotel and Casino in Bell Gardens (l.) complaining they will be forced to...
In contrast with troublesome Hong Kong, Macau’s loyalty to Beijing is bringing a host of financial and economic policy rewards from the central government. Gaming won’t see much by...
Nevada regulators last week approved the deal where Phil Ruffin (l.), the owner of the TI, to buy Circus Circus from MGM Resorts. Ruffin will pay $835 million for...
Pennsylvania regulators approved the mini-casino license for Penn National Gaming, under which Penn will open Hollywood Casino York (l.) with 500 slots and 24 table games.