5352 stories by Casino.org Staff Writer
SEC Warns Celebrities About Promoting Virtual Currencies, Initial Coin Offerings
The US Securities and Exchange Commission issued two advisories this week regarding the promotion of initial coin offerings (ICO) and the dangers of investing in such digital currencies. The first alert came soon after socialite Paris Hilton tweeted a message to her...
Galaxy Entertainment First Macau Gaming Operator to Accept WeChat Pay
Galaxy Entertainment, one of just six licensed gaming operators in Macau, announced this week that it will soon begin accepting WeChat Pay mobile transactions at its three major properties, Galaxy Macau, StarWorld Macau, and Broadway Macau. WeChat is a popular social media...
Richard Branson Shopping for Resort Property in Las Vegas to Make Virgin Hotel
Virgin Group founder Richard Branson owns everything from an airline and health clubs to a commercial spaceflight company and a small media empire. Now the eccentric billionaire has his sights on the hotel business in Las Vegas. This past week, Branson expressed...
Analysts Raise VIP Estimates for Singapore Casinos
Brokerage Sanford C. Bernstein has pushed its estimates of 2017 VIP gross gaming revenue at Singapore casinos up by 18 percent, based mostly on the strength of one resort’s impressive performance. In a note published Friday, analysts wrote that they expect VIP...
Playtech Shares Plunge Following Profit Warning
Online gambling giant Playtech saw its shares fall by more than 20 percent following an announcement from the company that profits would not be in line with expectations for 2017. The warning saw shares fall approximately 21.5 percent on Thursday, closing at...
Houston Texans Quarterback DeShaun Watson Suffers Torn ACL Lost for Season
Houston quarterback DeShaun Watson suffered a torn anterior cruciate ligament in practice on Thursday and is reportedly out for the rest of the season. He injured his right knee in a non-contact drill on a grass field and witnesses said it appeared...
Philadelphia Casino Lawsuit Dropped, PA Gambling Expansion Bill Generates $1 Million
A second Philadelphia casino is cleared for construction, after rival SugarHouse dropped its ongoing lawsuit against Stadium Casino, LLC, that has prevented the Live! Hotel & Casino project in the Stadium District from moving forward. The cease of the legal challenge comes...
Las Vegas Shooter Stephen Paddock Had Been on Gambling Losing Streak Prior to Attack, MGM CEO Jim Murren Speaks Out
Stephen Paddock had seen his net worth decrease substantially in the two years prior to the Las Vegas Mandalay Bay shooting on October 1, according to the latest information from Clark County Sheriff Joe Lombardo. The man who killed 58 country music...
Steve Wynn Gets ‘Primordial’ Sharing His Casino Vision with Boston Business Leaders
Steve Wynn appeared before the Greater Boston Chamber of Commerce on Tuesday, in part to dish on the hidden benefits of Wynn Boston Harbor, a $2.4 billion casino resort slated to open in June 2019. Perhaps to the surprise of the few...
Sands Cotai Central Rebranding Could Hurt Short Term Revenues
While the Sands Cotai Central’s rebranding may be good for business eventually, construction work could hurt the property’s ability to draw gamblers in the meantime. That’s the word from Japanese brokerage firm Nomura, which made the assessment based on plans announced by...
