A tragic incident In New York City, major gambling operators are vying for a lucrative casino license. Tribal organization Mohegan Gaming is one such entity, although a former city executive has argued that a personal tragedy at the tribe’s casino should exclude it from the conversation. Kamal Bherwani worked as Chief Information Officer for Health…
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Politicians representing the West Side of Manhattan are voicing opposition to Related Cos.’ development plan for the High Line area, which includes a Wynn Resorts casino hotel. Part of the High Line area of New York City. Politicians representing the area are voicing opposition to the Wynn casino plan. (Image: NPR) The gaming venue is…
Read more Germany’s gambling regulator is cracking down on offshore-based gambling streamers that are promoting unlicensed platforms to people in the country. It requested more power from the government to take action against these people, with the Higher Administrative Court rubber-stamping the proposal. The court ruled that the Gemeinsamen Glücksspielbehörde der Länder (GGL) has the legal right…
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Churchill Downs (NASDAQ: CHDN) drew an upward price target revision ahead of its second-quarter earnings report scheduled for July 24 after the close of US markets. Horses break from the outside during the 148th Kentucky Derby on May 7, 2022. An analyst raised his price target on Churchill Downs, citing strength in historical racing machines,…
Read more The global IT outage that has affected banks, airports, hospitals, and thousands upon thousands of businesses has largely spared Las Vegas casinos. Reports from the gambling capital of the world are largely positive, at least when it comes to casinos. According to the Las Vegas Review-Journal, Green Valley Ranch appears to be the only area…
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A mass technology outage is causing disruption to industries across the globe. On Friday, planes were grounded, TV stations knocked offline, and banking services disrupted after a widespread Microsoft 365 system failure caused chaos worldwide. Travelers experiencing delays at Hamburg Airport in Germany on Friday morning, above, after the Microsoft 365 outage knocked out communication…
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EDITOR’S NOTE: “Vegas Myths Busted” publishes new entries every Monday, with a bonus Flashback Friday edition. Today’s entry in our ongoing series originally ran Oct. 7, 2022. According to a pervasive Las Vegas myth, the mouth of the old MGM Grand lion served as the casino hotel’s entrance. Even the Pulitzer Prize-winning Las Vegas Sun described…
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Las Vegas Sands’ Long Island, NY casino hopes were boosted Thursday as the Nassau County Planning Commission agreed to move forward the gaming company’s lease agreement on Nassau Coliseum. Nassau Coliseum in Uniondale, NY. The Nassau County Planning Commission approved Las Vegas Sands’ lease agreement on the venue. (Image: LongIsland.com) The commission signed off on…
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The Bally’s Corporation and its local development partners in State College, Pa., near Penn State University this week scored a major court victory. Nearly four years after the Bally’s Casino at the Nittany Mall was announced, the Pennsylvania Supreme Court has ruled that the Pennsylvania Gaming Control Board did not error in issuing the developers…
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Monarch Casino & Resort’s (NASDAQ: MCRI) eponymous gaming venue in Black Hawk, Colo. has established itself as the leader in that rapidly growing regional casino market. Monarch Casino Resort Spa in Black Hawk, Colo. An analyst says the venue is the leader in that market. (Image: MonarchBlackHawk.com) Jefferies analyst David Katz said as much in…
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