MGM Springfield Underage Gambling Problems Dampen Massachusetts Casino’s Initial High Turnout, COO Blames ‘Porous’ Design

MGM casino executives admit that they’ve had issues with minors finding their way onto the gaming floor, which is not exactly the most comforting news to area residents.
14/09/2018
  • Casino owners donated to IEA after thinktank’s pro-gambling report

    The casino industry donated thousands of pounds to the Institute of Economic Affairs (IEA) after the thinktank published a report on gambling policy that called for restrictions on the number of casinos to be lifted. The National Casino Industry Forum (NCIF) confirmed it donated £8,000 to the IEA having...
  • Casinos gamble on their credibility

    It is rare to see Phil Ivey, the greatest poker player of our time, losing seriously. This man is a genius. He can get inside other people’s heads. The first time I played poker against him, I think he found me a little unsettling. People do, the first time....
  • James Packer says more transparency on gambling harms may be needed

    The chairman of Crown Resorts, James Packer, has been questioned by anti-pokies activists at the company’s annual general meeting in Melbourne, conceding that more transparency around gambling revenue and harms may be required. Alliance for Gambling Reform representatives Tim Costello and Stephen Mayne pressed Packer and the board on Thursday morning about...
  • Poker player loses court battle over £7.7m winnings from London casino

    The poker player Phil Ivey has lost his court bid to recover £7.7m ( $10.2m) of winnings from a London casino. The 40-year-old American has been fighting to recover the sum since successfully playing a version of baccarat known as Punto Banco at Crockfords Club in Mayfair in 2012....
  • Genting hit with another punto banco scandal; London casino in court

    Genting has been hit with another Punto Banco scandal as the Scottish Sun reveals an internal investigation is ongoing in Genting Glasgow, and Les Ambassadeurs is in court fighting a mystery man from Singapore. Phil Ivey is an inspiration to many, and under normal circumstances ‘the many’ are poker players....
  • China releases jailed Australian casino executive

    China has freed an Australian casino executive who had been convicted of gambling-related offences. Jason O’Connor, who headed Crown Resorts’ international VIP programmes, was sentenced to 10 months in prison in Shanghai in June. Australian foreign minister Julie Bishop confirmed O’Connor’s release on Saturday and said he was returning to Australia to...
  • Gold Coast casino: Queensland government rejects $3bn plan

    The Queensland government has rejected plans to build a $3bn casino on the Gold Coast’s Southport Spit. The premier, Annastacia Palaszczuk, says community desire to preserve the parkland site for future generations and transport issues associated with the development had driven the Labor government to reject the plan. “This is a unique...
  • SJM Holdings revenue, earnings and profit all down in H1

    Bucking overall market trends, Macau casino operator SJM Holdings reported revenue, earnings and profit declines in the first half of 2017. Figures released Tuesday show the Hong Kong-listed SJM’s gaming revenue falling 2% year-on-year to HKD 20.4b ($2.6b) in the six months ending June 30, while adjusted earnings fell 7.7% to...
  • Inside one county’s big casino bet: economic boom or Atlantic City bust?

    When Toya Mitchell first learned MGM Resorts International had won a contract to build a new casino down the street from her house in Prince George’s County, Maryland, she was cautiously optimistic. Mitchell, the owner of Lord & Mitchell, a small, women-run business specializing in customized promotional and printed...
  • House always wins: the dark side of life in Macau’s casino economy

    She paid a smuggler and was tucked into the hold of a ship for the overnight boat ride away from extreme poverty and a dead-end life in rural China. But on her way to a brighter future, Auyeung Lai-sung never made it past the kitchen of one of the...
  • Trump Taj Mahal purchased by Hard Rock

    The shuttered Trump Taj Mahal casino in Atlantic City has found a buyer. The new owner will be a group of investors led by Hard Rock International, the company behind Hard Rock Cafe. President Trump once operated the hotel, but financed the project with junk bonds and could not...
  • China’s High Rollers Are Back at Macau’s Gaming Tables

    → Gambling hub expected to show seventh straight month of growth → Recovery threatened by property curbs, capital restrictions Chinese high rollers are pulling Macau out of its doldrums, helping reverse the gambling Mecca’s two-year slump with cash created by soaring real-estate values and busy factory floors. Revenue for some...
  • William Hill’s potential next CEO backs curbs on TV gambling adverts

    The man tipped to lead the UK’s second-biggest bookmaker has broken ranks with the industry by offering support for a curb on TV gambling adverts. Betting companies have largely rejected suggestions that their ads are seen by too many vulnerable people and children, but William Hill’s finance director said he understood people’s...
  • Casino operators ready to stake money on Japan as ban is lifted

    Global casino operators are vying to move into Japan’s potentially lucrative market after a ban was lifted by lawmakers in Tokyo, despite warnings over gambling addiction and the involvement of organised crime. Japan’s parliament approved legislation in the early hours of Thursday allowing the construction of “integrated resorts” that...
  • Packer’s Crown casino company unable to contact 18 employees detained in China

    Crown Resorts has been unable to contact any of its employees since they were detained three days ago in a series of late-night raids in China and taken away for questioning. “To date, Crown has not been able to speak with our employees and is working closely with the Department of...
  • Baccarat win falls 42 pct on Las Vegas Strip in Aug

    Win for baccarat – the table game of choice for Chinese and other Asian gamblers – fell by 42.3 percent year-on-year in August at Las Vegas Strip casinos in the Nevada gaming hub. Win for mini-baccarat, another form of the game, fell by 17.8 percent in the same period,...
  • Saipan won’t cap number of junket operators

    Edward Deleon Guerrero, executive director of the Commonwealth Casino Commission on Saipan, says the regulator will not be setting a limit on the number of junket operators allowed to do business on Saipan. The main island of the Commonwealth of the Northern Mariana Islands has issued an exclusive casino licence...
  • Macau casino operator SJM posts worse than expected first half profit as high rollers stay away

    SJM Holdings, the Macau gaming operator owned by the family of legendary casino mogul Stanley Ho, posted a worse-than-expected net profit for the first half of the year as high rollers continue to shy away from the once-lucrative global gambling capital. Adjusted earnings before interest, taxes, depreciation and amortisation,...
  • Trump and Atlantic City: the lessons behind the demise of his casino empire

    The night of 2 April 1990 is one Tina Condos will never forget. It was the opening night of Donald Trump’s new $1.1bn Atlantic City casino, and Condos was working as a cocktail waitress serving drinks to Michael Jackson, Elle Macpherson and the other stars and socialites who had...
  • Is Macau’s epic gambling slump over?

    Is Macau’s epic gambling slump finally coming to an end? Gaming revenues in the Chinese territory increased by 1.1% in August compared to the previous year, snapping a 26-month losing streak that has hurt the city’s casino industry and slammed its economy. Casino stocks surged higher on the positive...
  • Wynn Palace in Macau awarded only 150 gaming tables.

    Casino operator Wynn Resorts is all set to open its new Wynn Palace property in Macau, albeit with fewer gaming tables than expected. The $4 billion integrated resort has reportedly been awarded only 100 mass gaming tables for its opening on August 22. This will be followed by 25...
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