Two Macau casinos received large loans from their US parent companies, helping them weather the latest COVID shutdown. Although, it may be US gamblers and shareholders who pay the price in the end. Last month, Wynn Resorts provided a $500 million revolving loan to Wynn Macau. Meanwhile, Las Vegas Sands […]
Crown Resorts accepted a $6.4 billion buyout bid from Blackstone, a private equity firm. Just days after the news, the Australian casino company reported a $141 billion loss for the last six months of 2021. In other casino news, a credit agency cut Las Vegas Sands’ debt rating, while Wynn […]
Two months after Sheldon Adelson’s death, his signature Las Vegas casino has been sold. One of the Venetian’s new owners, Apollo Global Management, is responsible for the largest bankruptcy filing in casino industry history. Unlucky? The Las Vegas Sands had been looking to sell its Strip properties since October. The […]
After two failed attempts to acquire online gambling partner Entain, MGM Resorts International named Jonathan Halkyard as its new chief financial officer Thursday. He comes with experience handling complex mergers, instituting extreme cost-cutting measures, and dealing with private equity acquisitions, including several that preceded the biggest bankruptcy in gaming history. […]
Ten Hag Says Ronaldo’s Decision to Leave Rayo Match Early is ‘Unacceptable’ 
Consecutive NBA Titles: Celtics 8 Straight, Phil Jackson Three-Peats with Bulls and Lakers 
The OG List: Top 50 NBA All-Time Scoring Points List, Abdul-Jabbar Still No. 1 
Complete List of March Madness College Basketball Champions and Winners 
OG’s Complete List of Every No. 1 NBA Draft Pick from Alcindor to Zion