5353 stories by Casino.org Staff Writer
MGM Blindsides Connecticut with Surprise $675 Million Bridgeport Casino Bid
MGM Resorts on Monday submitted a shock bid to build a $675 million casino in Bridgeport, on Connecticut’s southwest coast and within travelling distance from New York City. The casino giant’s apparently unsolicited proposal has rolled a political grenade into Connecticut, which...
$10 Million Megabucks Jackpot Hit at Henderson Casino by New Local
A Megabucks jackpot totaling $10,192,522.80 was hit at the Fiesta Henderson Hotel and Casino over the weekend by a man who only recently moved to the state of Nevada. Roger, who withheld his last name while talking to the Las Vegas Review-Journal,...
Straub Dismissive of Suitor’s $225 Million Offer for Revel Casino in Atlantic City
Revel, Atlantic City has a determined suitor, although its current owner, the eccentric Florida property developer Glenn Straub, is either oblivious or he’s playing it coy. New York-based private investment firm Keating & Associates has announced it has offered $225 million for...
Casino Billionaire Tilman Fertitta Borrowing $1.4B to Finance Houston Rockets Purchase
Tilman Fertitta, the billionaire owner of Golden Nugget casinos and star of the CNBC series Billion Dollar Buyer, announced last week a senior note offering scheduled to raise $1.415 billion in capital that he's expected to use to acquire the Houston Rockets...
Japan Snap Election Threatens to Pigeonhole Casino Regulation Rollout
Japanese Prime Minister Shinzo Abe is mulling the idea of an October snap election in a bid to consolidate power in the Diet while opposition is weak. But such a move would delay the process of casino regulation until next year, analysts...
Stephen Hung’s Ultra-Luxury Macau Resort Nears Completion
Flamboyant Hong Kong businessman Stephen Hung is nearing completion on his $1.3 billion hotel resort named The 13. Macau Government Tourism Office (MGTO) Director Maria Helena de Senna Fernandes told reporters on Wednesday that the agency is ready to inspect the property...
Gambling Study That Asked Participants to Cuddle Live Crocodiles Wins ‘Ig Nobel’ Prize
How would embracing a live crocodile seconds before hitting the blackjack tables affect your ability to execute optimal strategy? That’s (sort of) the question a team of researchers at Central Queensland University (CQU) grappled with back in 2010, and at long last...
Economic Uncertainty Returns to Macau as Beijing Escalates Anti-Corruption Drive
Macau’s economic rebound continues, and even appears to be typhoon-proof. But another ill-wind blew past the Cotai strip last week as analysts warned that Beijing had “escalated significantly” its anti-corruption campaign, injecting uncertainty into the casino resort industry in Macau. Analysts for...
Lawrence Ho Unloads Tigre de Cristal Stake in Russia’s Primorsky Gambling Zone
Melco’s Lawrence Ho has slashed his stake in Summit Ascent Holdings, developer of the new Tigre de Cristal casino resort in Russia’s eastern Primorsky gambling zone. The Macau-based casino mogul sold $21.3 million-worth of shares last week, according to a filing with...
RV Parking at Casinos a Boon for Travelers Looking to Recharge, Eat and Gamble
It's a trend that RV owners are loving: regional casinos across the United States often have ample parking space to accommodate overnight motor homes and travel trailers, and retirees and vacationers are taking full advantage of that fact. With gambling venues now...
