Grant Mahon's latest articles

By Grant Mahon

Investors Counting Losses as Tron Casino dApp Disappears

April 25, 2019

A Tron casino decentralized application (dApp) known as DooTron has recently pulled an abrupt disappearing act over the last week. There was absolutely no sign that this would happen as the decentralized application even launched Shoot, its second game, that also issued a second token to the investors and its s. To make it worse, […]

By Grant Mahon

North Jersey Casino Expansion May Be Bad News for Atlantic City

April 23, 2019

For over five years now, online gambling and online sports betting have been booster for Atlantic City’s land-based casino industry – the interactive gaming sector went live in 2013 and since then it has generated more than $1 billion in revenue while sports betting which went live last June has recently crossed the $54 million […]

By Grant Mahon

Macau Casino License Renewal Process Still on Track for 2022

April 21, 2019

Macau Chief Executive Fernando Chui anticipates that the public tender process for casino concessions will coincide with the scheduled 2022 expirations of the gaming licenses of six of the current operators in the region. Mr. Chui confirmed this in a statement that was delivered before the enclave’s Legislative Assembly earlier last weeks. The Chief Executive […]

By Grant Mahon

Two New Casinos May be Headed to Northern California in 2019

April 20, 2019

Northern California is on track for some major gambling expansion efforts as two top casino brands are reportedly planning to launch their casino properties in the region sometime this year. Harrah’s and Hard Rock, the two casino operations, have plans to open their doors to customers in April and sometime in the fall, respectively. The […]

By Grant Mahon

The Drew Las Vegas Casino Resort Opening Postponed to 2022

April 18, 2019

For over a decade, the Drew (formerly known as Fontainebleau) remained empty and deserted on the Las Vegas Strip. Fortunately, the property was eventually purchased by Steven Witkoff, a real estate mogul who had some very exciting plans for the venue. These plans began taking effect with the ongoing completion of the venue’s construction with […]

By Grant Mahon

Wildhorse Casino Expansion Delayed Due to High Labor Costs

April 16, 2019

The Oregon-based Wildhorse Resort & Casino’s expansion plans have hit yet another setback that has forced the project to be delayed. This time, the operator of the facility will be pushing back the start of the expansion bid due to rather unexpected high labor costs as well as a shortage of construction workers in the […]

By Grant Mahon

Does Mobile Sports Betting Have a Future in New York?

April 8, 2019

At the beginning of April 2019, New York lawmakers opted to leave mobile sports betting out of the state’s FY 2020 budget despite having included a number of reforms and initiatives that are associated with other forms of gambling. The budget which was agreed upon by Andrew Cuomo, the state’s governor and its legislative leaders […]

By Grant Mahon

Carl Icahn Ups Stake to Become Caesars’ Largest Shareholder

March 11, 2019

Entities related to New York billionaire, Carl Icahn have in the past week purchased 38.9 million shares of Caesars Entertainment Corp. thus making him the largest shareholder in the behemoth casino operator. During a Friday filing with the United Securities and Exchange Commission, Mr. Icahn stated that he now owns 15.3 percent in company stock […]

By Grant Mahon

Casino Resorts in Japan Required to Have Large Hotels

February 4, 2019

The government of Japan has recently made public some of the standards it hopes to set for casino resorts that are to be built in the mid-2020s. Perhaps the most notable requirement is that the casinos will need to have conference rooms and hotels which, as it turns out, would be far larger than the […]

By Grant Mahon

Slovakian President Vetoes new Gambling Legislation

December 24, 2018

A little over three weeks ago, Slovakian legislators approved plans to get rid of the local online monopoly, something that would result in a major shakeup of the country’s online gambling market. The new regime had even planned to begin accepting applications for online casino licenses by March 1, 2019, after which license approvals would […]