5349 stories by Casino.org Staff Writer
Caesars Entertainment Looks to Expand Hotel Holdings, Remains Confident on Japan, South Korea
Caesars Entertainment expects to officially exit bankruptcy in September, and in the interim, the company is developing its future growth plan that is focused on non-gaming investments. Gaming currently makes up about 58 percent of Caesars' overall income. CEO Mark Frissora wants...
Flamboyant Hong Kong Mogul Stephen Hung Cash-Strapped for Unlucky ‘The 13’ Macau Casino Project
Perhaps it was an omen for eccentric Hong Kong businessman Stephen Hung when he named his Macau casino project 'The 13.' Hung is now in desperate need of financing to complete his $1.3 billion resort, but it may have more to do...
DraftKings and FanDuel Fight Back Against Bid to Block Merger
DraftKings and FanDuel have launched a vigorous defense of their merger plans, insisting that the proposed tie-up would be a good thing for market competition. Last month, the US Federal Trade Commission (FTC) launched proceedings to block the deal on the grounds...
Tropicana Atlantic City Expanding with Adjacent Boutique Hotel Acquisition
The Tropicana is expanding its Atlantic City footprint. The Boardwalk property announced earlier this week that it was purchasing the nearby Chelsea Hotel, a boutique 330-room venue that will become part of the casino resort. Located a block south of the main...
Las Vegas Sands, MGM Have Upper Hand in Japan, Tokyo Likely Out for Integrated Resort Casino
Las Vegas Sands and MGM Resorts are best positioned to be dealt coveted integrated resort (IR) casino licenses in Japan, which will be handed out at the very earliest sometime in 2018, as bids haven't been accepted yet. That's according to Morningstar,...
Saipan Grand Mariana Casino Picketed on Opening Day, Chinese Construction Workers Demand Unpaid Wages
The opening on Thursday of Imperial Pacific’s Grand Mariana Casino on the island of Saipan was marked by protest, as construction workers demonstrated noisily outside the casino's doors. The workers, mainly from China’s economically depressed Rust Belt, claim they haven’t been paid...
Ex-NFL Player Gets 15 Months for Role in Drugs and Gambling Racket
Derek Loville, a former NFL running back and three-time Super Bowl winner, was sentenced to 15 months in prison on Wednesday for dealing ecstasy and oxycodone for a criminal gang. Loville’s supplier was his friend, the former USC football player Owen Hanson,...
SLS Las Vegas, Closing in on New Ownership Deal, Hints at Readoption of Sahara Brand
The SLS, which sits on the northern end of the Las Vegas Strip where once stood the legendary Sahara, may be going back in time, at least as far as branding is concerned. The beleaguered casino property, which has already tried a...
Philippine Casinos Cleared by PAGCOR as Personal Troubles for Okada Mount
Billionaire Kazuo Okada is feeling the heat from investigations into his personal alleged improprieties, but Philippine gaming regulator says that shouldn’t affect the image of companies and casinos bearing his name. Japanese casino magnate Kazuo Okada might be in hot water, but...
New York Confiscates $20 Million in Lottery Winnings from Welfare Recipients
New York State has confiscated almost $20 million in lottery winnings over the past four years via a little-known clawback policy that targets winners on welfare. Many states deduct an individual’s outstanding taxes or unpaid child support from a lottery payout but...
