5352 stories by Casino.org Staff Writer
Cardmaker Gemaco Refutes Borgata’s Claim That Design Flaw Led to Phil Ivey’s $10M Edge-Sorting Win
In poker pro Phil Ivey’s ongoing battle with the Borgata casino in Atlantic City over $10 million “won” at the mini-baccarat tables in 2012, it’s become a three-way blame game. In a statement filed in a New Jersey court on Monday, playing...
State-Run Casino in South Korea Admits to Scale of Its Own Corruption
The largest casino in South Korea, Kangwon Land, has admitted to committing acts of nepotism on an industrial scale. The mea culpa appears to be an effort to show the state-owned casino’s new commitment to transparency, after it was rocked by...
Luckiest Drunk in Las Vegas Swims Across Hoover Dam Power Generator, Avoids Death But Not Arrest
At the Hoover Dam, which traverses Clark County, Nevada and Mohave County, Arizona, well over 100 workers gave their lives to see it come to completion. And unofficial estimates have suggested that hundreds more may have jumped to their deaths there since....
Pennsylvania Budget Crisis Keeps Online Gambling Hopes Alive, Michigan Introduces Bill
The Pennsylvania legislature is back in session this week, as lawmakers reconvene to resume squabbling about an ever-elusive budget agreement that could, eventually, legalize online gambling. Urgency is growing, though, as the state could go broke on Friday for the first time...
Fight Over Choctaw’s Red Water Casino Project will be Decided by Voters
The fate of Choctaw Nation’s fourth casino in Mississippi will be decided by its more than 10,000 members and not tribal leadership. After a brief legal battle those opposed to the project were able to get a referendum for November 17. Chief...
MGM Buys Back 10 Million Shares From Late Founder Kirk Kerkorian’s Estate
MGM Resorts is acquiring 10 million common shares of its own company from the estate of late billionaire Kirk Kerkorian, the man who founded the gaming and hospitality company in 1986. The deal values each share at $32.75, a one percent discount...
UK Bookies Stand to Lose £150 Million Per Year in Likely Outcome of FOBT Review
UK bookmakers will take a £150 million annual hit as a result of the UK’s regulatory review into fixed-odds betting terminals (FOBTs). That’s based on the most likely outcome of the review, which is expected to slash maximum stakes on the machines...
Cleveland Indians Win Streak Hits 20, Tribe Now World Series Favorites in Las Vegas
The Cleveland Indians had basically wrapped up their Tuesday night game against the Detroit Tigers after their leadoff hitter Francisco Lindor hit his 30th homerun of the season to take a 1-0 lead. It would be all the Tribe needed, as ace...
Cambodia Spurred by US State Dept. Rebuff to Overhaul Casino Regulations
Cambodia is the latest nation to introduce tighter regulations for its casino industry, in part to attract new investment from international operators. The move follows a US State Department report that described the country’s casino sector as “unregulated or under-regulated,” a designation...
Philippine Billionaire Enrique Razon Jr. Sells $74.7M Slice of Bloomberry Resorts
In a shuffling of assets to prepare for his next phase of domestic development, Philippine billionaire Enrique Razon, Jr., has sold 3.18 percent of his stake in casino operator Bloomberry Resorts for PHP3.8 billion ($74.7 million). The Bloomberry chairman’s holding company Prime...
