No Image

Mega Millions, Powerball Jackpots Total $999M for Drawings This Week

The Mega Millions jackpot is now $654 million, the second-largest sum for the multi-jurisdiction lottery game in its history. Paired with Powerball’s jackpot currently at $345 million, and the two major games have nearly $1 billion in prizes on the...
read more
No Image

New Jersey Sports Betting Tax Increases, Funds Earmarked for Casino Reinvestment Development Authority

The New Jersey sports betting tax on gross win is increasing 1.25 percent beginning in December, and the added funds will be earmarked for the state’s Casino Reinvestment Development Authority (CRDA). Despite the CRDA being engulfed in recent controversy, Go...
read more
No Image

Former Trump Plaza Atlantic City Workers Receive Severance Checks Four Years After Resort Closing

Hundreds of former Trump Plaza employees in Atlantic City are receiving severance checks more than four years after the Boardwalk casino resort closed in September of 2014. Many years after the Trump Plaza closed, employees are finally receiving their severanc...
read more
No Image

Typhoon Mangkhut Won’t Do Long-Term Damage to Macau Revenues, But Analysts Predict Impacted GGR

Typhoon Mangkhut may have forced an emergency shutdown of Macau’s casinos for the first time ever, but it won’t be enough to stop the continued growth of revenues in the Chinese gaming enclave. While Typhoon Mangkhut had a devastating impact...
read more
No Image

Crown Resorts VIP Revenues Plunge in Australia as James Packer Recuperates in New $66 Million LA Mansion

There was more bad news for James Packer’s Crown Resorts this week. Western Australia’s Gaming and Wagering Commission reported that VIP revenue at its Crown Perth property had plunged despite the company splurging $470 million on transforming it into a...
read more
No Image

MGM Resorts President Bill Hornbuckle Voices Concerns on Las Vegas Raiders Parking Scheme

MGM Resorts is none too pleased with the parking plan proposed by the Las Vegas Stadium Authority (LVSA) for the 65,000-seat indoor football venue being built near the Strip. MGM Resorts executive Bill Hornbuckle doesn’t like what he sees regarding...
read more
No Image

Lucky Dragon Las Vegas Files to Close Hotel After Unsuccessful Auction

Owners of the Lucky Dragon in Las Vegas have asked a US bankruptcy court for permission to close its 203-room hotel after an auction held last week turned up fruitless. The casino floor at Andrew Fonfa’s Lucky Dragon Las Vegas...
read more
No Image

Hurricane Florence Wreaks Havoc on Carolinas, But Harrah’s Cherokee Resorts, Casino Boats Spared

Hurricane Florence, now downgraded to a tropical depression, is responsible for the deaths of at least 18 people in the Carolinas. Hurricane Florence devastated coastal regions of the Carolinas. (Image: Jonathan Drake/Reuters/Casino.org) The deadly storm has f...
read more
No Image

Caesars CEO Mark Frissora Says Parking Fees Have No Impact on Las Vegas Tourism

Caesars Entertainment CEO Mark Frissora said this week that Strip parking fees, which have generated a strong backlash from some analysts and visitors, have no discernible impact on Las Vegas tourism. Those pesky parking fees implemented at Caesars Entertainme...
read more
No Image

Penn National Gaming Shops for a Satellite Casino Locale, Finds it at York, Pennsylvania Mall

Penn National Gaming says it will soon present plans to put a satellite casino inside a mall in York, Pennsylvania. In January, the casino operator that specializes in regional gambling properties secured the first satellite  auction with a winning bid of...
read more