The Mega Millions jackpot for this Friday, July 22, is an estimated $630 million. The generation-changing sum up for grabs is the fifth-largest prize in the interstate lottery game’s history.
Spending by S&P 500 companies on private air travel for top executives hit a record last year, and Las Vegas Sands (NYSE:LVS) was among the contributors to that trend.
For years, the UK Gambling Commission (UKGC) has used dedicated account managers for operators. This will no longer be the case, with the gambling regulator announcing changes to its regime.
Bally’s (NYSE:BALY) is selling the property assets of its two Rhode Island casinos to Gaming and Leisure Properties (NASDAQ:GLPI) for $1 billion. It will leaseback the venues from the gaming landlord, the companies announced today.
The Consumer Discretionary Select Sector Index is off 25% year-to-date, and gaming stocks are among the drags on that benchmark. But at least one research firm sees shares of casino operators as the best bets in the consumer cyclical space.
Chris Rock is the newest member of the Mohegan Sun Walk of Fame.
A partial look at Russia’s Red Square. The future of the country is in doubt as commercial entities pack up following the invasion of Ukraine. (Image: PlanetWare)
Philippine banknotes, pictured. FATF said that the country’s efforts to follow dirty money trails was improving, but not enough to lose its gray-list status. (Image: The Business Times)
An estate once rumored to be home to an underground casino run by associates of Al Capone looks out over the Intracoastal Waterway. The Florida mansion comes with an asking price of $13.9 million. (Image: Sotheby’s International Realty)
Paddy Power has been forced to tone down its provocative ads, such as the one above during the 2016 US presidential election, in the face of impending gambling reforms in the UK. (Image: Paddy Power)