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California Online Sports Betting Petition Gathers Enough Signatures for November Ballot
The California Secretary of State’s office announced Monday evening that a petition seeking a constitutional amendment to legalize online sports betting has cleared the necessary signature threshold. That makes it eligible for...
New York Casinos Heavily Supporting Gov. Kathy Hochul Reelection Campaign
Casinos like to keep the odds in their favor. And in New York, the state's gaming interests believe they have a winner in incumbent Gov. Kathy Hochul (D) when it comes to...
Casino Stocks at Risk as Consumer Confidence, Spending Wanes
Casino stocks are flailing this year, and that scenario could worsen, as inflation weighs on consumer spending. Some experts say that’s already happening. Citing a 0.3% drop in retail sales in May...
Macau Casino Entry Procedures Tighten to Include Negative COVID-19 Tests
What little foot traffic Macau casino floors have seen over the past week will likely only become even more scarce. That's after local officials implemented additional COVID-19 precautionary measures. Macau managed to...
DraftKings, JACK Entertainment Latest to Seek Ohio Sports Betting Licenses
The number of companies that have submitted their sports betting license applications in Ohio is now up to five. On Friday, the Ohio Casino Control Commission reported that DraftKings submitted its license...
Atlantic City Union Claims Strike Would Cost Casinos $2.6M a Day
The Atlantic City union representing more than 10,000 workers employed by the town's casinos says a looming strike would have steep financial consequences on the nine properties. Members of the Local 54...
Bally’s Stock Surges on $190 Million Dutch Auction Plan
On a day of strength for gaming equities, Bally’s (NYSE:BALY) is standing out. That's after the regional casino operator announced a Dutch auction to repurchase up to $190 million worth of its...
Crown Resorts Finalizes $6.6B Blackstone Group Acquisition
The Blackstone Group has reached the finish line with its acquisition of Australia's Crown Resorts. Heading into the weekend, the private equity firm announced it completed its "largest investment to date in...
Massachusetts Developers Seek to Rewrite State Gaming Allow, Create New License
The Massachusetts Expanded Gaming Act passed in 2011 and signed into law by then-Governor Deval Patrick (D) authorized as many as four commercial casino properties. More than a decade later, only three...
Las Vegas Psychiatric Patient Stabs Two Other UMC Patients, One Dies From Wounds
Two psychiatric patients were stabbed at Las Vegas’ University Medical Center (UMC) emergency department by a third patient early Thursday. One victim passed away. The other victim was injured and is expected...