Terry Davis has contributed a wide-ranging archive of gambling news to Casino News Daily. His work spans casino regulation, gaming suppliers, industry revenue and cryptocurrency developments, alongside poker and sports coverage.
Earlier today, it was announced that Maryland-based gaming company Lakes Entertainment Inc. and Nevada casino operator Golden Gaming, LLC have reached an agreement for the establishment of a new casino…
The Japan-based brokerage firm Nomura has considerably narrowed the forecast return rates on invested capital (ROIC) for the Cotai casino resorts, which are yet to be established in Macau. Under…
More casino losses were reported in China due to local corruption restraint, which is the reason why option traders forecast that the recovery of the industry in China would take…
The bookmaker William Hill, which is based in the U.K., revealed that its profits declined by 7% over the fourth fiscal quarter of 2014. The company’s shares fell by more…
Jersey-based provider of digital marketing services XLMedia Plc revealed in a statement that it expects to report a revenue increase estimated to be about 43% due to “strong organic growth”…
Yesterday, Jeff Gural, owner of Tioga Downs Casino & Racing, one of the losing bids in the competition for a casino license in New York, pointed out that he and…
Yesterday, the Gaming Inspection and Coordination Bureau, Macau’s gaming regulator, released a special statement, in which it denied any rumors suggesting that residents might be prohibited from entering the city’s…
Yesterday, Steve Wynn, chief executive officer of casino operator Wynn Resorts Limited, was one of the speakers at the Colliers International presentation on the new trends in real estate development…
Earlier today, Caesars Entertainment Operating Company, which is a subsidiary of popular casino operator Caesars Entertainment Corporation, filed a petition for restructuring under Chapter 11 of the U.S. Bankruptcy Code.…
Earlier today, Nomura Holdings, a prominent Japanese provider of various financial services, released a special note, in which it was reported that David Group, one of Macau’s top junket operators,…
It was reported that City of Dreams Manila will probably have its official launch on February 2. It seems that a ticket company, which is related to an investor in…
A legislation has been filed by State Senator Earline S. Rogers (D-Gary), concerning the authorization of Indiana’s ten riverboat casinos, that are currently permanently made fast to the bank, to…
It seems that the stricter transit visa rules that were imposed last year will continue to affect Macau’s gambling industry in 2015 as well. Japanese financial holding company Nomura Holdings,…
Earlier today, popular casino magnate Lawrence Ho Yau Lung shared with local media that he was still not aware how many gaming tables his integrated resort Studio City will offer…
A few days ago, the Ontario Lottery and Gaming Corp. launched its PlayOLG.ca gambling site. It seems that the introduction of the online platform had Alberta officials consider the future…
It was announced that the decrease in revenue sharing has already affected LaPorte County in quite a negative manner. Due to this, Commissioners Vidya Kora and Mike Bohacek were given…
Wells Fargo Securities, LLC, a subsidiary company of Wells Fargo & Co. dealing with investment banking and various other financial services, released a report on New York-based gaming operator Scientific…
The 9th London Affiliate Conference (LAC) will take place between January 31 and February 3. Last year, the event attracted more than 100 exhibitors and sponsors and more than 3,000…
Earlier today, Hong Kong-based stock broker UBS Securities Asia Ltd. released a note concerning the likely performance of Macau’s gambling operators on the market in 2015. According to the company,…
A few months ago, PokerStars announced that it would increase the rakes on all the games and tournaments it offers to its players. It seems, however, that the world’s biggest…
Representative of Malaysia’s opposition party demanded that an investigation, concerning the Minister of Home Affairs’ letter to Mark Giuliano, Deputy Director of the FBI, should be carried out. As previously…
The Maryland Lottery and Gaming Control Agency released a report on December revenues from gambling activities in the state. According to the results posted, a total of $85,6 million were…
In October 2013, members of Las Vegas-based Culinary Workers Union Local 226 were arrested due to civil disobedience in front of The Cosmopolitan. More than a year later, the venue…
Earlier today, the Asia-Pacific research team of Morgan Stanley, a popular American provider of various financial services, issued a special report on the likely performance of Macau’s casino operators on…
The case involving Wei Seng ‘Paul’ Phua, a high-stakes poker player, has taken a new turn. An official from Malaysia, Phua’s country of origin, stated that the player has not…
Credit Suisse Group AG, a Switzerland-based provider of a wide range of financial services, released a special note on the current status of Macau’s gaming industry. According to it, the…
The Massachusetts Legislature announced that it would retreat from its decision to allow access to ATMs at gambling venues. A few days ago, the House and Senate agreed on the…
It was announced that the Scarlet Pearl Casino Resort in D’Iberville, Mississippi is planned to open doors for guests and visitors by the end of 2015. City’s Mayor Rusty Quave…
The Asia Pacific Poker Tour (APPT) completed its 2014 Beijing Cup a few days ago. The tournament attracted a total of 346 players but it was poker pro Yang Zhang…
Yesterday, December 29, PokerStars, which is currently operating the most popular online poker platform in the world, introduced officially its second room for live poker tournaments in Asia. It is…