Atlantic City Casino Revenue Up 7.5 Percent in 2018

Atlantic City casinos saw their best performance in about five years in 2018 bringing in $2.68 billion in revenue, up 7.5 percent from last year. The introduction of sports...

NASCAR Hits Throttle on Betting Sponsorships

The giant of U.S. stock car racing is still looking for a data distribution partner. But it’s moving ahead with new rules for the 2019 season that will allow...

Cuomo: Sports Betting at New York Casinos Only

Sports betting looks like a go in New York, but it will be limited, for now, to on-site wagering at the state’s commercial and tribal casinos. Online and remote...

Greenwood Launches Sports Book at Philadelphia Turf Club

Greenwood Racing was set to open sports betting last week at its Turf Club (l.) in South Philadelphia, in a renovated bar with seven live tellers and nine betting...

Maryland Weighs Sports Betting Through Lottery

Maryland lawmakers are reportedly exploring ways to approve sports betting without waiting until a constitutional amendment can be approved in November 2020. One of the options is to operate...

Massachusetts Governor Proposes Sports Betting Bill

Massachusetts Governor Charlie Baker has decided to get into the act of proposing a bill to the legislature. He has sent over a bill to legalize sports betting. But...

Hedge Funds Circling MGM

Activist investors are making their presence felt on the gaming giant MGM Resorts, which has agreed to add hedge fund boss Keith Meister (l.) to the board of directors....

Massachusetts Regulators May Reopen Southeastern Casino License Process

Two years after it rejected the bid for a $700 million casino (l.) in Brockton, the Massachusetts Gaming Commission is mulling whether to reboot the process for awarding the...

Virginia Casino Bill Passes Committee

A Virginia Senate committee passed a bill sponsored by state Senator L. Louis Lucas (l.) authorizing Portsmouth, Bristol and Danville to apply for casino licenses; Pamunkey tribal casinos also...

Connecticut Lawmakers Renew Casino Push

The debate whether Connecticut’s gaming tribes will maintain their monopoly of gaming or commercial developers like MGM will be allowed a place at the table is heating up. One...

Kentucky Lawmakers File Sports Betting Bill

HB 12, filed by Kentucky state Reps. Al Gentry and Dennis Keene (l.), would allow sports betting and authorize the Kentucky Lottery Corporation to regulate it. The bill permits...

Q&A with Tony Rodio, CEO, Affinity Gaming

The GGB Podcast sits down with Tony Rodio, the CEO of Affinity Gaming, on how he handled the sale of Tropicana Entertainment to Eldorado Resorts and how he landed...

DraftKings Faces Lawsuit Over Tournament in New Jersey

DraftKings is facing a class-action lawsuit in New Jersey seeking refunds for players in its Sports Betting National Championship, which was marred by a timing issue that blocked many...

Atlantic City’s Ocean Ousts Operating Partner

Atlantic City’s Ocean Resort Casino (l.)—the former $2.4 billion Revel casino which re-opened in June—was taken over by one of its investors last week. Co-owner Bruce Deifik confirmed the...

Icahn Settles Deed Issues on Trump Plaza in Atlantic City

Carl Icahn has cleaned up some deed issues on his last remaining Atlantic City casino property that could be a precursor to the sale of the former Trump Plaza...

Atlantic City to Get Arena Football Franchise

Atlantic City will see an Arena Football League Franchise call the resort home in the spring, according to reports. An official announcement of the move is scheduled for later...

Sports Betting Surges in New Year

As legislatures return to session, there is an increasing drive in many states to consider the legalization of sports betting. Already legal in nine states, as many as 24...

Icahn Caesars Buy Boosts Stock

Carl Icahn, who has made millions of dollars investing in casino companies, made a splash last week when he invested in Caesars Entertainment stock. The value of Caesars shares,...

Pennsylvania’s Parx Opens Sports Book

Parx Casino in Bensalem became the fourth casino in Pennsylvania and the second in the Philadelphia area to open a sports book, debuting its Kambi Group-powered book on January...

FanDuel Hurt by Early Payout on Alabama

A decision by FanDuel to pay off bets on the University of Alabama in the National Championship game against Clemson came back to haunt the former DFS site as...