New York’s newest casinos are already struggling for survival, as an oversaturated market has cannibalized gaming revenue. Source: NYT > Business – Jesse McKinley
A bet by investors that the future will be worse than the present. Source: NYT > Business – Neil Irwin
Ming Chai has been caught up in an Australian scandal examining organized crime, money laundering, immigration favors and Chinese political influence. Source: NYT > Business – Damien Cave and Alexandra Stevenson
Though HBO went to great lengths to keep the finale secret until it aired, professional bettors saw clear signs that key details had leaked and were driving the wagering. Source: NYT > Business – RICHARD A. OPPEL Jr.
In Britain’s celebrity pregnancy economy, Meghan Markle’s unborn child is inspiring wagers, luxury cookie tins and diamond-encrusted jars of diaper rash cream. Source: NYT > Business – TIFFANY HSU and AMIE TSANG
The Massachusetts gambling regulator found that some executives “were part of affirmative efforts to conceal allegations against Mr. Wynn that came to their attention.” Source: NYT > Business – TIFFANY HSU and MOHAMMED HADI