5349 stories by Casino.org Staff Writer
Crown Revenues Drop after China Raid, Tabcorp Digs in On Stalled Merger
Australian casino giant Crown Resorts delivered its 2016-17 fiscal year report on Friday, just 24 hours after billionaire owner James Packer officially re-joined the board of a company he left nearly two years ago. Crown reported revenues of $2.65 billion, down 5.5...
Las Vegas Money on Alabama, USC for College Football National Championship
Alabama is once again the leading money getter at Las Vegas sportsbooks for the College Football Playoff National Championship. According to William Hill, the Tide has received the most money wagered at its Nevada sportsbooks, with USC, Ohio State, Florida State, and...
Debt-Riddled Caesars Reports $1.4 Billion Loss for Q2 as Sign of Bright Future
Caesars Entertainment lost “only” $1.4 billion in the second quarter of 2017. That figure represents a $617 million improvement compared to last year’s Q2 losses of $2.1 billion. Revenue for the period ticked up by 1 percent, to just over $1 billion....
WannaCry Ransomware ‘Hero’ Arrested in Las Vegas on Hacking Charges
Marcus Hutchins, the man who was hailed this past May as a hero for stopping the spread of WannaCry ransomware, will be in a Las Vegas courtroom on Friday afternoon, facing Department of Justice (DOJ) charges. Hutchins stands accused of being a...
Lesniak Wants New Jersey to Open Its Online Gambling Doors to World
State Sen. Ray Lesniak believes New Jersey is ready to take the next step in shaping the landscape of online gambling, saying earlier this week that he intends to introduce a bill that would open up the state's casino and poker sites...
Arizona Tribal Gaming Bounces Back, Encouraging Casino Expansion Interests
Tribal gambling will have provided Arizona a financial benefit of more than $26 million in the second quarter of 2017, an increase of 4.8 percent compared to the same period a year ago. The Arizona Department of Gaming issued its revenue report...
AGA Seeks Clarity from Feds on Handling Marijuana Money in Casinos
With marijuana now flying off the shelves at Nevada dispensaries, the American Gaming Association is seeking clarity from federal authorities on how casinos should handle a new influx of cannabis-derived cash. AGA president and CEO Geoff Freeman sent a letter last week...
IGT Q2 Losses Mostly Due to Poor Exchange Rates with Italian Lotto and Double Down Sale
Despite a second quarter loss and a decline in revenue from the same period last year, International Game Technology Plc. (IGT) beat Wall Street projections. The loss of $252.2 million on revenue of $1.22 billion was compared to earnings of $82.9 million...
Atlantic City Casinos Settle Tax Disputes With New Jersey, State Saves Millions
New Jersey Governor Chris Christie (R) says long-disputed tax agreements have finally been reached with Atlantic City resort casinos Bally's, Caesars, Harrah's, and Golden Nugget. Billionaire Carl Icahn's three properties, the Tropicana, former Trump Taj Mahal and Trump Plaza, have also settled...
AGA Introduces New Responsible Gaming Standards for Digital Age
The American Gaming Association kicked off the 20th annual Responsible Gaming Education Week by speaking a new code of conduct for the casino industry. The AGA called on industry leaders to pledge their commitment to consumer protection, transparency, and employee training in our emergent...
