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Penn National Gaming Earns Morgan Stanley Upgrade
Following a brutal stretch that’s seen the stock shed 59.27% of its value over the past year, Penn National Gaming (NASDAQ:PENN) is drawing some praise on Wall Street. In a note to...
theScore, Fanduel Establish Early Leads in Ontario Sports Betting
Homegrown contender theScore Bet and FanDuel are off to fast starts in the newly launched regulated sports betting market in Ontario, Canada. Legal single-game sports wagering debuted in Canada’s most populous province...
Macau Casino Companies Could Face Junket Liabilities up to $6.3B, Says Credit Suisse
Macau concessionaires could be on the hook for as much as $6.37 billion in agent claims. That's following the collapse of major junket operators in the region, say Credit Suisse analysts. Credit...
Maryland Sports Betting Effort for Mobile Books Moving at Turtle’s Pace
Maryland sports betting began at the state's land-based casinos in December. Five of the state's six commercial gaming properties are now operating brick-and-mortar sportsbooks. However, the gaming expansion will blossom once Maryland...
Resorts World Las Vegas Subject of Regulatory Probe Over Restaurant Dispute
Resorts World Las Vegas is the subject of an investigation being conducted by the Nevada Gaming Control Board (NGCB). The probe is in relation to a San Diego man's allegations that an...
Casino Hotels Rank Among the Top ‘Instagrammable’ Locations
A new survey the Inkifi printing firm completed earlier this month confirms one thing, if nothing else. Casino resorts make the best locations for people to feature on their Instagram accounts. It's...
Wakayama Casino Rejection Another International Opportunity Lost for Caesars
Supporters of the Wakayama integrated resort (IR) plan saw their dreams suddenly enveloped in a nightmare this week. That's after the prefecture legislature voted against moving forward with the proposed JPY470 billion...
California Sports Betting Debate Not Waning as Petition Deadline Nears
The battle for control of sports betting in California is heating up. In the past few days, a number of organizations have issued statements of support or opposition to the various initiatives...
VICI Selling $5B in Bonds to Fund MGP Notes Exchange, Reduce Other Debt
VICI Properties (NYSE:VICI) announced today it’s selling $5 billion worth of senior unsecured notes.? The bulk of those proceeds are going to a notes exchange with MGM Growth Properties (NYSE:MGP), which the...
Encore Boston Harbor Alleged Loan Shark Circled, Preyed on Distraught Gamblers
An Encore Boston Harbor loan shark targeted distraught gamblers who were down on their luck and chasing their losses, law enforcement alleges. Kimanh Le, 50, of Quincy, Ma., was arrested on April...