Forfatter: Michael Danielsen

Broadly speaking , share price performances across the gaming industry this year are unimpressive. That’s the result of macroeconomic headwinds, including persistent inflation and rising interest rates, as well as ongoing concerns regarding when sportsbook operators will finally reach profitability. Still, gross gaming revenue (GGR) and visits data, including Las Vegas and regional market, belie […]

The post Gaming Industry Displaying Fortitude Amid Headwinds, Says Analyst appeared first on Casino.org.

Caesars Entertainment (NASDAQ:CZR) and DraftKings (NASDAQ:CZR) are among the well-known gaming equities that missed out on promotion to the Nasdaq-100 Index (NDX). On Friday, Nasdaq announced the annual changes to the widely followed equity gauge, noting six companies will be added to the index while seven will be removed. Including Caesars and DraftKings, none of […]

The post Caesars, DraftKings, Other Gaming Stocks Miss Out on Nasdaq-100 Promotion appeared first on Casino.org.

The New York Knicks have yet to find a suitable trade partner for Julius Randle, but the team has been actively shopping point guard Immanuel Quickley, shooting guard Evan Fournier, forward Cam Reddish, and former NBA MVP Derrick Rose. The Chicago Bulls recently shot down rumors that they wanted to trade Zach LaVine to the […]

The post NBA Trade Rumors: NY Knicks Shopping Immanuel Quickley, Cam Reddish, Evan Fournier appeared first on Casino.org.

One of the fiercest rivalries in college football gets renewed on Saturday when Army squares off against Navy in Philadelphia. The service academies meet up at Lincoln Financial Field for the 123rd time in a series that dates back to 1890. Both sides have had their share of struggles this season. Neither will make a […]

The post Army-Navy Game Caps College Football’s 2022 Regular Season appeared first on Casino.org.

Real estate developer Related Cos., which is partnering with Wynn Resorts (NASDAQ:WYNN) on a Manhattan casino-resort plan, earlier this week revealed more details of the project. In an interview with Bloomberg Television, Related CEO Jeff Blau said the venue on Manhattan’s far west side will feature 1,500 guest rooms, 20 dining options, a nightclub, theater, […]

The post Related Cos. Eyes 1,500-Room Casino-Resort on Manhattan’s West Side appeared first on Casino.org.

Culinary Union Workers Union Local 226 announced on Friday that food service workers at the Las Vegas Convention Center have voted unanimously to authorize a strike. Local 226 represents 300 cooks, dishwashers, banquet servers, concessions cashiers, and other non-tipped workers employed by Sodexo/Centerplate, the Convention Center’s exclusive contracted food and beverage supplier. The union did […]

The post Las Vegas Convention Center Food Workers Vote to Authorize Strike appeared first on Casino.org.

MGM China announced it will pay as much as $173.2 million over three years commencing Jan. 1, 2023 to MGM Resorts International for use of the US-based company’s trademarks. MGM China, which operates two integrated resorts in Macau, said in a regulatory document it has approval to use marks including MGM, MGM Grand, MGM Grand […]

The post MGM China Paying MGM Resorts up to $173M for Trademarks appeared first on Casino.org.

Two gambling Miami “fortune tellers” conned a gullible victim out of more than $3 million by claiming her money was “cursed” and would have to be “spiritually cleansed” via a special healing ritual. Even more incredibly, the unnamed victim was a financial advisor, according to court documents. Unbeknownst to the victim, the mysterious rite involved […]

The post ‘Psychic’ Gamblers Bilked Woman Out of $3M in ‘Cursed’ Money appeared first on Casino.org.

Atlantic City casino smoking remains permitted indoors on up to 25% of each gaming floor. But as New Jersey commemorates the 45-year passage of its Casino Control Act that allowed slot machines and table games in Atlantic City, some resort workers are calling for a major regulatory change. New Jersey lawmakers in 1977 passed the […]

The post Atlantic City Casino Smoking Lingers 45 Years After State Legalized Gambling appeared first on Casino.org.

The injury woes continue for the Atlanta Hawks. All-Star guard Dejounte Murray will reportedly miss at least two weeks with a sprained left ankle. The Atlanta Hawks and New York Knicks met on Wednesday night at Madison Square Garden in a highly anticipated matchup between Eastern Conference foes. The Knicks defeated the Hawks, but they […]

The post Dejounte Murray Latest Casualty for Banged-Up Atlanta Hawks appeared first on Casino.org.