Latest Gambling industry News

Editorial Roundup: Pennsylvania

Nov. 30, 2022 07:14 AM EST

Philadelphia Daily News/Inquirer. November 27, 2022. Editorial: Don’t gamble with kids? The state should heed its own advice. Running public service announcements will not stop the social ills spurred by Pennsylvania’s reckless policy on gambling. ...

Editorial Roundup: Illinois

Nov. 29, 2022 07:17 AM EST

Chicago Tribune. November 22, 2022. Editorial: How casinos broke their promises to the struggling downtowns of Illinois Back in 1992, William Weidner, then president of Hollywood Casino of Aurora Inc., set out to Springfield to kill then-Mayor Richard M. Daley’s...

Editorial Roundup: Nebraska

Nov. 28, 2022 14:28 PM EST

Lincoln Journal Star. November 27, 2022. Editorial: A month in, casino shows revenue potential In 2020, proponents of the initiative that would allow casinos at the state’s horseracing tracks made a convincing argument that providing gambling there would keep the...

Macao awards casino licenses to MGM, Sands, Wynn, 3 others

Nov. 26, 2022 03:13 AM EST

BEIJING (AP) — Macao has tentatively renewed the casino licenses of MGM Resorts, Las Vegas Sands, Wynn Resorts and three Chinese rivals after they promised to help diversify its economy by investing in non-gambling attractions, the government said Saturday. The announcement is...

Once forbidden, gambling now embraced by NFL

Nov. 22, 2022 17:57 PM EST

Gambling has gone from the forbidden topic in the NFL to a key part of the league's present and future. The days of lobbying against widespread legalized sports betting, preventing broadcast partners from even discussing point spreads and even prohibiting players from holding a...

NJ Q3 casino earns down 13%, but most surpass pre-COVID rate

Nov. 22, 2022 17:05 PM EST

ATLANTIC CITY, N.J. (AP) — Atlantic City's casinos saw their third-quarter profitability decrease by more than 13% compared with a year ago, but there was encouraging news in figures released Tuesday by New Jersey gambling regulators. Earnings numbers from the state Division of...

Asian stocks mixed after Wall St slide, China virus fears

Nov. 21, 2022 23:12 PM EST

BEIJING (AP) — Asian stock markets were mixed Tuesday after Wall Street sank and Chinese anti-virus controls fueled concern about an economic slowdown. Shanghai and Hong Kong declined while Tokyo advanced. Oil prices gained. Wall Street's benchmark S&P 500 index...

$3B canals, housing proposed for ex-airport in Atlantic City

Nov. 21, 2022 13:12 PM EST

ATLANTIC CITY, N.J. (AP) — Two Philadelphia developers want to build a $3 billion housing, office and retail project on the site of a historic former airport in Atlantic City, the latest proposal for one of the largest tracts of buildable land near the ocean on the U.S. East Coast. ...

NJ casino, sports bet, online revenue down slightly in Oct.

Nov. 17, 2022 15:47 PM EST

ATLANTIC CITY, N.J. (AP) — New Jersey’s casinos, horse tracks that offer sports betting, and the online partners of both types of gambling outlets won over $445 million in October, a decline of less than 1% from the same period a year earlier. Figures released Thursday by the New...

Editorial Roundup: Pennsylvania

Nov. 16, 2022 15:01 PM EST

LNP/LancasterOnline. November 13, 2022. Editorial: Thankfully, democracy prevailed in Pennsylvania in last week’s midterm elections. Now we await what lies ahead. It was no surprise that mostly conservative Lancaster County voted for Doug Mastriano over Josh...