Derek Helling

1 week ago | playusa.com | Derek Helling

Tilman Fertitta was already the largest single shareholder of Wynn Resorts stock prior to a recent dip in the stock price, but he has expanded his stake further during the recent market downturn. Wynn’s stock, like that of many other gaming companies, fell precipitously amid economic uncertainty in the United States brought on by the US government. Fertitta is still maintaining a passive position in Wynn despite his even larger investment.

1 week ago | playindiana.com | Derek Helling

Caesars Southern Indiana Hotel & Casino in Elizabeth is having a rough start to the season, as flooding combined with an impending strike threaten to produce a prolonged closure. Floodwaters from the nearby Ohio River have caused the company to shutter the facility. Meanwhile, casino workers belonging to two unions have confirmed they will strike, after a deadline this past Saturday elapsed without a deal.

1 week ago | stltoday.com | Derek Helling

The Illinois Senate has approved a bill that would broaden state programs for substance abuse disorders to include disordered gambling. Having passed in one chamber, the proposed law is now under consideration in a House committee. Its passage would mean the Illinois Department of Human Services would be able to devote some of the same resources to preventing and treating gambling disorders as it currently deploys for drug abuse.

1 week ago | playusa.com | Derek Helling

On Thursday, Corey Sharp of PlayPennsylvania reported that the Pennsylvania Gaming Control Board (PGCB) confirmed to him that some of the state’s online poker rooms will be sharing traffic with other states in a matter of weeks, potentially before April is out. According to Sharp, all that remains for multi-state play to begin in Pennsylvania is a final update from Pennsylvania Gov. Josh Shapiro.

2 weeks ago | playny.com | Derek Helling

The New York City Planning Commission has given its endorsement to a plan to rezone the Western Rail Yards area of Hudson Yards in Manhattan, despite opposition from Manhattan community leaders and area residents. While the Planning Commission’s vote doesn’t compel the New York City Council to approve the plan, it does represent a significant advancement of Wynn Resorts‘ ambitions for a casino in New York.