World's online gaming authority since 1995

Katie Barlowe

Katie Barlowe

Katie has forgotten more about slots than most people know. Not only does she follow the latest online happenings and developments, but she also knows her way around offline slots too. She's a collector too and enjoys restoring old slot machines when she's not writing news stories for jimmyandthemagicphone.com.

MGM China Q4 GGR Up Year-on-Year, as Newly Opened MGM Cotai Promises Greater Profits for 2018

MGM Cotai MGM China Q4 Revenues

MGM China, the Asian arm of the mega-conglomerate that dominates the global gaming industry, saw a strong Q4 wrap-up to 2017, and the year ahead looks even better, with the opening of the new MGM Cotai just in time for the recent Chinese New Year festivities. GGR for MGM China surged to HKD$4.28 billion (US$547.4…Read More

Wynn Boston Harbor Investigation a Priority, But Massachusetts Gaming Commission Mum on Details

Massachusetts Gaming Commission Wynn Boston

Massachusetts Gaming Commission (MGC) members said at a meeting on Thursday that its investigation into the sexual misconduct allegations made against Steve Wynn remains a top priority. Wynn Resorts is currently constructing Wynn Boston Harbor, a $2.4 billion integrated casino resort on the banks of the Mystic River in Everett. As part of his departure agreement,…Read More

William Hill Sees Red Following Australian Regulatory Changes, Hopeful for US Sports Betting Market Expansion

William Hill Australia write-down

UK betting giant William Hill posted has a £74.6 million ($104 million) pre-tax loss for 2017, due in large part to the write-down of its Australian operations. William Hill Australia has been negatively impacted by the country’s ban on credit betting, which came into force earlier this month. This has led the group to dramatically…Read More

Las Vegas Sands Gaffe Hands Parx Casino Fourth Pennsylvania Satellite Venue

Las Vegas Sands Pennsylvania satellite

On Wednesday morning, Las Vegas Sands submitted what was thought to be a winning $9.9 million bid to secure a 15-mile radius in Western Pennsylvania’s Mercer County. But the state’s Gaming Control Board (PGCB) later determined that the targeted locale impedes on a previously authorized Category 4 satellite casino region won by Mount Airy #1,…Read More

Kansas Sport Betting Bill Would Give All the Power to the Leagues

Kansas sports betting

A sports betting bill presented to the Kansas legislature this week would acquiesce to NBA and MLB demands for a one percent “integrity fee,” should wagering on their games become legal. Having apparently accepted that the United States Supreme Court will shortly overturn PASPA, the federal law that prohibits state-sanctioned sports betting, the two leagues…Read More

Boyd Gaming Posts Record 2017 Revenues But Shares Plunge on Q4 Profits

Boyd Gaming CEO Kevin Smith

Despite posting record revenues of $2.38 billion for 2017 on Tuesday, Boyd Gaming stock had slipped 5.7 percent by the end of trading that day. Investors, it seems, are a tough bunch to please – as are analysts. The dip occurred because adjusted Q4 earnings came in lower than analysts’ expectations. Meanwhile, the company’s own…Read More

Showboat Atlantic City Mulling Casino Return, as Boardwalk Revitalization Continues

Showboat Atlantic City casino hotel

Showboat Atlantic City owner Bart Blatstein has taken the first step in reopening the casino floor at the Boardwalk property. One of four casinos to close in 2014, Blatstein acquired the Showboat for $23 million in January of 2016. The resort opened as a non-gaming hotel that June, with 872 guestrooms. The Press of Atlantic…Read More

Macau Chinese New Year Has Tourists Flocking to Gambling Hub

Macau Chinese New Year

Chinese New Year kicked off in Macau on Friday, as a parade of dancing lions and twisting dragons wound their way through the colonial Portuguese architecture of the enclave’s historic center, while fireworks cracked over the Praia Grande Bay. And the hotels were packed. The festivities, which continue for 15 days, are peak season and…Read More

William Hill Fined £6.2 million For Anti-Money Laundering, Social Responsibility Violations

William Hill Fined

William Hill has been fined £6.2 million ($8.7 million) by the UK Gambling Commission (UKGC) for compliance failures that allowed ten customers to gamble with funds that were the proceeds of crime. The regulator cited numerous instances of customer protection and anti-money laundering breaches and accused the betting giant of deploying insufficient resources and staffing…Read More

Top Caesars Shareholder George Soros Fears Social Media’s Power, Compares Manipulation to Casinos

Caesars investor George Soros slams Facebook for being like a casino

Investor George Soros, a major shareholder in Caesars Entertainment, thinks social media platforms are much like casinos, namely, in his view: manipulative and coercive. Interestingly, the billionaire philanthropist and political activist has often been accused of the same traits himself. Soros, writing an op-ed for Project Syndicate, discoursed on the dangers that tech monopolies like Google…Read More

FBI College Basketball Probe on Corruption Could Affect Other Programs

Roy Williams

The FBI investigation that indicted four assistant college basketball coaches on bribery and corruption charges could be expanding according to reports. A Thursday story from Pete Thamel of Yahoo Sports said mountains of evidence has been collected by the federal law enforcement agency. In the 330 days of the FBI’s scrutiny into the recruiting practices…Read More

UK Race Track Bookies Conspire to Rip Off Bettors, Says Whistle Blower

Andy Smith of Festival Racing blows whistle on on-track bookies

On-track bookies in the UK regularly collude to increase the vigorish at events they expect to be largely attended by inexperienced gamblers. That’s according to one on-track bookmaker, who admits he has taken part in such activity in the past but now “deplores” the practise. Andy Smith, who takes bets as ‘Festival Racing,’ told The…Read More

Connecticut Satellite Casino Blueprint Leaves Some Locals Underwhelmed

East Windsor satellite casino Connecticut

The Connecticut satellite casino in East Windsor being jointly developed by the state’s two Native American tribes will come with 2,000 slot machines and up to 150 tables, and a five-story, 1,800-parking space garage. The Mashantucket Pequot and Mohegan Sun tribes submitted initial drawings this week to the town for the $300 million development. The…Read More

Okada Manila and Wynn Litigation Lead to $125.4 Million Loss for Universal Entertainment Corp

Kazuo Okada and Universal Entertainment

Japan’s Universal Entertainment Corporation posted a net loss of $125.4 million for the first three-quarters of the financial year, somewhat short of the $141 million profit it predicted in May 2017. The company cited expenses related to the completion of Okada Manila, its integrated casino resort in the Philippines’ Entertainment City, the total construction costs…Read More

Connecticut Foxwoods and Mohegan Sun Casinos Start 2018 Sluggishly

Connecticut casinos Foxwoods Mohegan Sun

Tribal Connecticut casinos Foxwoods and Mohegan Sun kicked off January with a less-than-amazing month, as slot revenue was down at both properties. After paying out winnings, Foxwoods kept $33.9 million from the gaming terminals, a 2.5 percent decrease compared to the same month in 2017. Mohegan Sun won $44.9 million, which equates to 5.3 percent…Read More