Jonathan Levin, Bloomberg
Gambling companies have long wanted to expand in Florida. Disney, a major force in the state's economy, has been opposed. In the battle of the ballot measure this November, our money is on the mouse.
10 months ago
Deanna Ting, Skift
We’re putting our money on the Cromwell and LINQ brands to do well with the hotel owner/developer set, which is increasingly looking for upscale lifestyle and select-service brands. As for the Caesars Palace and Flamingo brands — they're so inextricably tied to Vegas and to gaming, it'll be hard to convince guests otherwise.
1 year ago
Elise Young and Stacie Sherman, Bloomberg
Last year walking the Atlantic City Boardwalk in New Jersey felt like visiting a ghost town. But the city's tourism business will hopefully jump thanks to just-legalized sports betting, the Hard Rock's about-to-debut property, and a surge in fashion outlet shops.
1 year ago
Dan Peltier, Skift
What happens in Vegas, stays in Vegas — except now sports betting, as other states look to swoop in and take their share of the multibillion market. But guess what? Vegas will survive.
1 year ago
Blake Schmidt and Yoojung Lee, Bloomberg
If the success of Macau is any proof, it's that betting big on building integrated resorts throughout Asia is a sure thing in the long run. That is why so many destinations, from Singapore to Japan to Korea, are attracting developers who want to cash in.
1 year ago
Bloomberg
The issue of opening up Hainan to gambling could have a huge impact if it signals more broadly that China wants to turn more inward and keep its growing middle class traveling at home rather than abroad.
1 year ago
Georgios Georgiou, Bloomberg
Melco's challenge is less about getting Asian tourists, such as the massive Chinese market, to recognize its brand in Europe than it is to convince them to take long-haul trips to casinos when they have options much closer to home.
2 years ago
Gary Fineout, Associated Press
No matter how it's sliced and diced, Florida's tourism industry is poised for significant changes this year as state politicians decide on the future of tourism marketing funds, casino and gambling expansion and more during the next few months.
2 years ago
Michelle Yun, Bloomberg
As Chinese culture begins to look down upon displays of extravagant wealth, those with means will look elsewhere to enjoy and bet their economic prowess, creating an opportunity for nascent gaming centers.
5 years ago
Reuters
The Cosmopolitan has yet to turn a profit, but Crown would be taking over at time when both visitor numbers and spend are on the rise on the strip. The high-profile purchase would finally give Crown a presence in the Vegas market.
5 years ago
Reuters
Gambling remains illegal in Japan, one of the world's last untapped gaming markets and, with a wealthy population and proximity to China. Imagine the possibilities.
6 years ago
Christopher Palmeri, Bloomberg
Atlantic City has had its struggles, and now the advent of online gambling in New Jersey could benefit the casinos financially, but also could make an actual visit to the fading city almost an after-thought.
6 years ago