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13085 stories by Casino.org Staff Writer
Caesars Entertainment Facing Ruin After Court Ruling
Caesars Entertainment, the global casino operator and owner of the World Series of Poker (WSOP), could be on the brink of bankruptcy following an unfavorable court ruling. With spiraling debts and pending lawsuits threatening to bring down the beleaguered company, Caesars' owners,...
Developer Abandons New Bedford Casino Proposal
KG Urban has announced that they will no longer be pursuing a casino license for a proposed resort in New Bedford, Massachusetts, sending a shockwave through the landscape of the battle for the final casino license in the state. The decision comes...
Mafia Gambling Empire Raided by Italian Police, $2.2 Billion in Assets Seized
The mafia crime organization 'Ndrangheta hasn't traditionally come with the notoriety its Sicilian and Naples counterparts possess, but after Italian authorities raided its businesses in Reggio Calabria this week, that could soon change. On Wednesday, police seized $2.2 billion in assets and...
NFL and DOJ Argued Sports Betting is Based on Skill
The National Football League (NFL) has long opposed allowing sports betting to gain more of a foothold in the United States than it already has. But surprisingly, the NFL has made arguments over the last 12 years that any sports bettor would...
Is GVC Raising Funds For Monster Bwin.Party Bid Without Amaya?
GVC Holding’s Amaya-backed bid for bwin.party may have been snubbed in favor of 888 Holdings’ “safer” offer, but rumors suggest the company may not be done just yet. According to sources in London’s banking district, GVC is prepared to go it alone,...
Finger Lakes Casino Under Attack
Opponents of a proposed casino in the Finger Lakes, one of three resorts that are planned to be built in upstate New York, are ramping up their attacks in an attempt to either protect themselves against the new competition or stop the...
Echo Beats Packer To The Punch In Brisbane Casino Bid
Echo Entertainment has won the bid to build a casino resort in Brisbane, Australia’s third biggest city; a resort that the Queensland state government hopes will “put Queensland on the map” and, in scale, rival the casinos of Macau. The AU $2...
Deadwood Brings Roulette, Craps, and Keno to Historic Gold Rush Town
Deadwood, South Dakota, is less than four square miles in size, but with 24 gambling venues the town has more casinos than that of most states. The historic settlement played an important role in the expansion of the American west, as miners...
MGM Vows to Block Connecticut Casino Plan
MGM declared war on Connecticut this week, vowing that it would fight the state’s efforts to build a casino along Interstate 91 on its northern border with Massachusetts. The proposed property would be positioned near Hartford, CT, and just miles from Springfield,...
Moody’s Upgrades US Casino Market to “Not Quite So Bad”
Moody's Investors Services has some good news for the American gaming market. Sort of. The US land-based casino industry is showing signs of improvement, but only a bit, according to Moody’s, which this week upgraded its appraisal of the market from negative...