The Cordish Companies who were established back in 1910 and have a diverse interest in the US ranging from Commercial Real Estate to land based gaming, have linked up with FanDuel, in a strategic partnership. FanDuel which is now owned by Flutter Entertainment, the owners and operators of the Paddy Power and Betfair brands, will as a result of the...
The NFL have suspended indefinitely the Arizona Cardinal's cornerback Josh Shaw for betting on the outcome of NFL games, in the first instance the NFL have banned a player from playing for some 35 years. The announcement which will see Shaw banned for at least the remainder of the season was made yesterday, with the NFL also confirming that no...
The Mississippi Lottery Corporation are celebrating a strong first day in sales for the first ever state lottery, with the MLC reporting that they sold $2.5m worth of lottery tickets, when they went on sale on Monday 25th November, at the beginning of the week. In a press release issued by the Mississippi Lottery Corporation, they announced that the first...
The Wynn Resorts has reported it has settled its consolidated derivative lawsuit, in which the company will receive a total of $41m ($20 million from Steve Wynn and $21 million from insurance carriers) less certain fees and costs associated with bringing the suit. Neither the Company nor its current or former directors and officers were found to have committed any...
Yesterday we reported that gaming revenues for the state of New Jersey moved north for the month of October, well it looks like there is also good news in the state of Pennsylvania, with the state reporting an increase of 11%, compared to the same period in 2018. Figures released by the Pennsylvania Gaming Control Board shows total gaming and...
The New Jersey Gambling Commission have released their figures for the month just gone, which shows sports betting revenues for October up a massive 297% on the same month in 2018. Overall revenue for the month of October was $293m, compared to $239.1m for the corresponding month last year. This reflecting a healthy 22.9% increase. For the year-to-date, the Industry’s...
MGM Resorts International have published their third quarter results for the period ending 30th September 2019, with the Las Vegas based group showing an increase in consolidated net revenues of 9% compared to the prior year quarter to $3.3 billion. However, consolidated operating income decreased 42% compared to the prior year quarter to $238 million. Excluding a non-cash impairment charge...
The Pennsylvania Gaming Control Board, who are responsible for overseeing the regulation of all gambling within the state, have announced they have handed out financial penalties to two casino operators, who are licensed to operate in Pennsylvania. The fines were the result of Board approvals at its public meeting of consent agreements between the PGCB’s Office of Enforcement Counsel and:...
Yahoo Sports and MGM Resorts International with Roar Digital ( A joint venture between MGM Resorts and GVC Holdings ), have today announced an exclusive partnership which will see a sports betting product for Yahoo Sports, with plans to create collaborative content experiences and live events. As part of the multi-year partnership, the integration will launch in the Yahoo Sports...
Full House Resorts Inc. who develop, own and manage casinos and hospitality venues in regional US markets have submitted an application to the Illinois Gaming Board, to develop and operate American Place, a casino and entertainment destination in Waukegan, Illinois. The proposed site is the Fountain Square shopping area, near the intersection of Illinois Route 120 and U.S. Route 41...
