Latest Casino operators News

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...

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...

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...

Former tribal leader gets 3 years in casino bribery case

Nov. 16, 2022 10:54 AM EST

BOSTON (AP) — The former leader of a Massachusetts Native American tribe convicted of accepting bribes including exercise equipment and a weekend stay at a luxury hotel from an architectural firm working with the tribe to build a casino has been sentenced to three years in prison. ...

Gambling group estimates US will bet $1.8B on World Cup

Nov. 15, 2022 11:54 AM EST

ATLANTIC CITY, N.J. (AP) — Americans will bet $1.8 billion on the World Cup this year, the first to be held while legal sports betting is widespread in the U.S., according to the casino industry's national trade group. About 20.5 million American adults plan to bet on the biggest...

Odds are good for sequel to California sports betting effort

Nov. 10, 2022 16:30 PM EST

LOS ANGELES (AP) — The effort to legalize sports betting in California ran headlong into a typical challenge for competing ballot measures as each was battered in a torrent of negative advertising that doomed both to spectacular failure in the most expensive ballot race in U.S. history. ...

Big bet a bust in bid to allow sports gambling in California

Nov. 09, 2022 21:04 PM EST

LOS ANGELES (AP) — The most expensive ballot proposition gamble in U.S. history went bust Tuesday as California voters overwhelmingly rejected sports betting initiatives by Native American tribes and the gaming industry. About $460 million was raised in competing efforts to expand...