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5349 stories by Casino.org Staff Writer
Studio City Macau Exploring IPO, But Financial Experts Are Calling Melco’s Bluff
Melco Resorts, owners of Studio City Macau, has filed paperwork with the US Securities and Exchange Commission (SEC) to explore selling shares in the property through an initial public offering (IPO), but financial experts aren't sold that any stock issuance will come...
Turkey Arrests Fugitive Online Gambling Kingpin
Turkish police have arrested the suspected head of an illegal online gambling operation who had been six months on the run. Alleged gambling kingpin Veysel Sahin was taken into custody in the city of Sivas in central Turkey after he left his...
Maloof Brothers Place $880,000 on Floyd Mayweather Against Conor McGregor
Gavin and Joe Maloof are thought to have recently made the largest bet on the August 26 Floyd Mayweather versus Conor McGregor fight, with two tickets placed at the South Point Casino sportsbook totaling $880,000. The Maloofs are backing the favorite and...
Bitcoin Gamblers Hit Jackpot as BTC Value Climbs Past $4,000
The value of a single bitcoin surged past $4,000 on Saturday, and continued to climb on Monday, reaching $4,300 at the time of publication. This new all-time high is amazing news for users of bitcoin casino sites, because it means they’ve been...
Florida Gators Suspend Seven Players for Michigan Game, Marquee Week One Matchup Loses Luster
The Florida Gators were hoping to upset a top 10 opponent in Michigan during their first game of the year, but those odds seem a bit more unlikely after the team handed down suspensions for seven players, including key offensive playmaker Antonio...
Sands China Welcomes Back VIPs with Updates to Venetian, Plaza Casinos in Macau
Sands China revealed in its half-year financial report plans to renovate VIP areas inside the Venetian Macau and the Plaza Macau. Slated for completion in 2018, the intent of the makeovers is to "create a new benchmark" for VIP gaming in the...
Resorts World Manila Suffers Hefty Q2 Loss in Wake of Deadly June Rampage
Resorts World Manila operator Travellers International revealed on Monday the financial damage inflicted by the deadly actions of lone gunman Jesse Javier Carlos on June 2. Travellers reported Q2 net losses of PHP311.2 million (US$6.1 million) for the three months leading up...
Sam Nazarian’s SBE Entertainment Merger with Hakkasan Group Not a Dead Deal, SLS Sale Could Be Cause of Holdup
Privately held by Iranian-American businessman Sam Nazarian, SBE Entertainment had announced in March that it was partnering with Hakkasan Group, a luxury hospitality company best known in Las Vegas for its nightclub inside the MGM Grand. The merger was expected to be...
Ethics Commission to Seize Maine Casino Backer’s Financial Records
Maine’s ethics commission has voted to subpoena the personal financial records of Lisa Scott, the backer of a contentious casino project that politicians have accused of attempting to deceive the state’s voters. In the forthcoming November ballot, state residents will be asked...
Macau Peninsula Playing Second Fiddle to Cotai Strip, Says Analyst
Macau’s downtown peninsula, the traditional gaming hub of the semi-autonomous enclave, is likely to go the way of downtown Vegas, becoming a secondary market eclipsed by the larger, grander properties of the Cotai Strip. So says says Andrew Klebanow, a senior partner of...