World's online gaming authority since 1995

Kevin Horridge

Kevin Horridge

Our math man, Kevin is the number guru. He calculates odds in his head the same way the rest of us make a cup of coffee. He gets involved in all the news stories involving numbers, and we often turn to him for help on financial news stories as he used to be in banking. However, he says that being a gambler is a far more respectable occupation these days.

Strong NBA Draft Class Has Las Vegas Oddsmakers Concerned Over ‘Tanking’

NBA Draft lottery tanking

The NBA Draft won’t take place until June 21, but Las Vegas oddsmakers say the lottery is already impacting the league. Now past the midway point of the NBA season, numerous teams are facing the reality that the postseason is out of reach. At the All-Star break, seven teams were at least 20 games below…Read More

Star Casino Sydney Accidentally Shredded $7 Million in Checks

Star Casino Sydney shredded high roller checks

The Star Casino in Sydney, Australia is trying to claw back $7 million from a high-rolling Chinese gambler after it accidentally destroyed two checks he had used as security. A former employee of Star City admitted in the New South Wales Supreme Court that the checks had “probably” been shredded by accident because he thought…Read More

South Dakota Legislature Mulls Extending Gambling Beyond Deadwood

Port Yankton casino proposal, South Dakota

South Dakota lawmakers will debate a bill this week that proposes licensing a casino in Yankton, a city of 23,000 people where the Missouri river meets the state’s southern border with Nebraska. If approved, it would be the first commercial casino authorized outside of Deadwood and would require a constitutional amendment, to be agreed to by…Read More

Japan Lawmakers Propose $19 Casino Entry Fee for Nationals

Japan casino entry fees

Casino odds are always stacked against the gambler, but what if you find yourself out of pocket before you’ve even touched a card or rolled a dice? The Japanese parliamentary committee tasked with developing a framework of regulation for the country’s future casino market is proposing just this. On Wednesday, lawmakers presented a motion to…Read More

Japan Casino Tax Could Hit 50 Percent, Operators Might Be Deterred by Excessive Regulatory Controls

Japan casino tax integrated resort

A Japan casino tax will be higher than gaming rates found in other parts of Asia, including Macau. It would dwarf those paid by Las Vegas casinos, where the effective rate is only 7.75 percent, and it could backfire on the country’s goals of building casinos to begin with: to expand tourism. According to The…Read More

Lucky Dragon Casino Goes Bust, Files for Bankruptcy

Lucky Dragon bankruptcy

Chinese New Year didn’t prove to be very lucky for Lucky Dragon, Las Vegas’ newest casino and its most recently shuttered. On Friday, the first day of the Year of the Dog, the Chinese-themed casino filed for Chapter 11 bankruptcy protection, less than a year and a half after its grand opening. Lucky Dragon closed…Read More

SJM Holdings CEO Ambrose So Seeks Clarity on Future of Macau Casino Licenses

Ambrose So Macau licenses

As the date for the renewal of gaming concessions in Macau grows nearer, at least one of the leaders of a major player in the city’s casino sector is itching for more information on what the territory will expect from companies who want to continue operating casinos. As reported in GGRASia, the licenses held by…Read More

Daytime iHeart Radio Music Festival Moving Location, Previously Held at Site of Mandalay Bay Mass Shooting

Las Vegas shooting outdoor concert

When the iHeart Radio Music Festival — this year slated to feature major artists like Coldplay, Chris Stapleton, Pink, DJ Khaled, Lorde, and Kesha — returns to Las Vegas on September 22, it will be at least partially in a new location, one without any bad memories. The annual two-day televised event has called Las Vegas…Read More

Tropicana Atlantic City Hotel Fire Caused by Makeshift Meth Lab Set Up in Guest Room

Tropicana fire linked to makeshift meth lab

A jerry-rigged meth lab set up in a hotel room at the Tropicana Atlantic City forced the evacuation of four floors when a fire broke out, police reported on Thursday. The fire took hold Wednesday morning at the New Jersey casino resort property, causing smoke to fill adjacent guest rooms. Breaking Bad wannabee Michael Pillar of…Read More

Party’s Over for Steve Wynn: Denied Golden Parachute, Must Vacate Wynn Resorts Suite Before Summer

In the opera known as “The Fall from Grace of Steve Wynn,” the fat lady has now hit her ultimate high note. The company he founded with his ex-wife Elaine in 2002 has now gone into full shun mode against him, with a Securities and Exchange Commission filing that was delivered to the SEC on…Read More

DFS Heavyweights DraftKings and FanDuel Packing Less Punch, as Sports Betting Opinions Change

DraftKings FanDuel sports betting

DraftKings and FanDuel, the two online daily fantasy sports (DFS) platforms that took 97 percent of the bets placed on the contests in 2017, are struggling to grow revenues.  That’s according to Eilers & Krejcik Gaming, a market research firm in California, that details the struggling DFS industry. A subset of fantasy sports, DFS was all the…Read More

George Soros Now One of Top Caesars Shareholders, Owns 4.9 Percent of Gaming Company in Bankruptcy Aftermath

George Soros Caesars Entertainment

Billionaire investor George Soros, through his family-controlled Soros Fund Management group, owns nearly five percent of Caesars Entertainment following the company’s Chapter 11 bankruptcy reorganization last fall. According to Bloomberg, the billionaire’s stake makes him one of Caesars’ Top 10 shareholders, with the holdings valued at $436 million. Soros also owns seven percent in VICI…Read More

Australian Detained in China Online Gambling Bust

China online gambling arrests include Australian

An Australian man is believed to be among 52 people arrested in China last week for online gambling offenses, according to the Australian Financial Review. The arrests were announced on February 7 by the official Chinese news agency Xinhua, although no names of arrestees were reported. Likewise, AFR, did not disclose the identity of the…Read More

Tiger Woods Odds Short in Las Vegas, as 14-Time Major Champ Returns to Riviera

Tiger Woods odds Genesis Open

Tiger Woods is back inside the ropes of an official PGA Tour event this week for just the second time in more than a year, and that has both Las Vegas and online oddsmakers excited. Golf interest surges when the 14-time major champ is playing, and that corresponds to higher golf handles for casinos. And…Read More

British Horse Racing to Get ‘Formula One’ Makeover

Epsom Derby Championship Horse Racing to modernize UK racing

British horse racing is about to get a modern makeover, thanks to a new concept dreamed up by Championship Horse Racing (CRH) that borrows elements from Formula One racing. Horse racing goes back thousands of years, while many of the regulations, as we know them today, were thrashed out by British noblemen in the 17th…Read More