Bally’s Traffic Study for Temp Casino Skewered by Chicago Alderman

Chicago Alderman Brendan Reilly is blasting a traffic study paid for by Bally’s Corp., claiming the survey doesn’t account for rising crime in the neighborhood where a temporary casino would be staged. The Ballys examination paves the way for the gaming company to open its temporary casino in the River North neighborhood. If the plan […]

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Steve Wynn RICO Lawsuit Scheduled For Federal Court Date

The 9th Circuit Court of Appeals will hear a RICO lawsuit that accuses Steve Wynn, Wynn Resorts, and others of bribery and attempting to corrupt the judicial process through improper influence. Oral arguments are scheduled for Dec. 6 in Long Beach, California, according to Jordan Matthews, lead counsel in the case against Wynn. That’s after […]

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Ohio Casino Commission Director Frustrated By Calls From Sports Betting Applicants

At the beginning of Wednesday’s Ohio Casino Control Commission (OCCC) meeting, Executive Director Matt Schuler brought up a memory of a trip he took with his children. He compared it to the state’s ongoing vetting process of applicants for sports betting licenses. Suffice it to say it has not been a vacation, especially for OCCC […]

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MGM Unlikely to Bid Anew for Entain as Economy Crimps Financing

The deteriorating global macroeconomic environment is crimping financing avenues, indicating a pause in large-scale mergers and acquisitions could be a result. Some analysts believe that’s relevant to suitors considering gaming industry targets, including MGM Resorts International (NYSE: MGM), potentially revisiting a takeover bid for Entain Plc (OTC: GMVHY). Even with the US dollar ranking as […]

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Martha Stewart Las Vegas Restaurant Panned By Food Critic Notorious for Poor Reviews

The Bedford by Martha Stewart at Paris Las Vegas is the latest restaurant to be scolded by New York Times food critic Pete Wells. Wells is notorious for panning restaurants, both new and old. He made many headlines in the fall of 2019 for lambasting Brooklyn’s Peter Luger Steak House, often considered one of the […]

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NBA Phoenix Suns Sale Projected to Set New Record in Excess of $2.5B

Robert Sarver is putting the Phoenix Suns up for sale. The team is expected to fetch a record-setting price for an NBA franchise of at least $2.5 billion, thanks to a bidding war among Bob Iger, Larry Ellison, Laurene Powell Jobs, and Jeff Bezos. Forbes valued the Suns at $1.8 billion, which is ranked #18 […]

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California Sports Betting Update: Poll Shows Voters Rejecting Both Measures

A poll released Tuesday showed that the two California sports betting initiatives going before votes are longshots for passage next month. The University of California at Berkeley Institute for Governmental Studies (Berkeley IGS) polled nearly 7,000 likely Golden State voters about several races and initiatives on the Nov. 8 ballot. Neither fared well. Those polled […]

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New York Names First Three Members of Casino Location Selection Panel

The first members of a panel that will ultimately decide where New York’s next three casinos were named on Monday, but there are still a few more steps that need to be taken before the Gaming Facility Location Board (GFLB) can even consider possible candidates for licensure. At its Monday meeting, the New York State […]

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Foley Shuttering Two SPACs, Including One Involved in Scrapped WynnBET Merger

Las Vegas Golden Knights owner Bill Foley is closing two special purpose acquisition companies (SPACs), one of which was involved in a now-defunct gaming industry reverse merger. In the latest sign of a significant cooling down period in the blank-check space, Foley is shuttering Austerlitz Acquisition Corporation I (NYSE:AUS) and Austerlitz Acquisition Corporation II, returning […]

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Ben Simmons, Kyrie Irving and Brooklyn Nets Worth a Wager After New Big 3 Debuts

It was Simmons’ first game in 470 days, and you may recall that his previous appearance on the court came in a playoff loss to Atlanta in which he infamously passed up a wide-open dunk to cost the Sixers a Game 7 home loss to the Hawks in the second round of the 2021 postseason. […]

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