5349 stories by Casino.org Staff Writer
DraftKings and Fan Duel Losing Hundreds of Millions, According to Leaked Documents
DraftKings and FanDuel are hemorrhaging money, according to a 106-page merger document circulated by FanDuel to its investors back in January, and leaked to AXIOS this week. AXIOS reports that DraftKings has lost well into eight figures every year since its inception,...
Conor McGregor Attracting More Wagers in Las Vegas, But the Money Still on Floyd Mayweather
UFC champ Conor McGregor is the heavy underdog in the August 26 boxing match against the GOAT, Floyd Mayweather, but that isn't stopping bettors from flocking to Las Vegas to put money on the mixed martial arts (MMA) star. Oddsmakers in Nevada...
Former Employee Blows Whistle on “Scam” Skins Gambling Sites
Skins gambling “case-opening” sites regularly scam their customers with “inherently dishonest and deceptive” practices. That’s the claim of a one-time coder of several such sites who revealed his former employers’ tactics to esports journalist Richard Lewis, at RLewisReports.com, on condition of anonymity...
Grand Lisboa Palace Construction Halted in Macau Following Worker’s Fatal Fall
Grand Lisboa Palace will likely have to push back its planned March 1, 2018 opening after construction was ordered to stop following yet another death on the property site. Over the weekend, a 47-year-old construction worker fell some 33 feet to his...
Florida Judge Makes Dramatic U-turn on Pre-reveal “Slot” Machines
A Florida judge had a complete change of heart about the legality of so-called “pre-reveal” gaming machines this week. In March, Judge John Cooper ruled the machines were “not an illegal slot machine or gambling device” because he felt something couldn’t be...
Aussie Authorities Give Go-Ahead for $9B Tabcorp Takeover of Tatts Group to Create Betting Giant
The merger of Australian betting giants Tabcorp and Tatts was approved by regulators Tuesday and could be finalized within the next few months. Just one day earlier in the US, the Federal Trade Commission filed a lawsuit to block the proposed merger...
Florida Seminole Tribe’s Bond Credit Rating Upgraded by Moody’s, Fitch
The Seminoles of Florida are going to save a lot of money in the coming months, after bond and credit rating services Moody's and Fitch both upgraded the tribe's bank debt and bond credit ratings. Moody's Investment Services upgraded the Florida tribe's...
Tough Fold: Legal Online Poker Off the Table in New York for 2017
The State Assembly in New York will not be passing a bill to legalize online poker before the chamber adjourns this Wednesday, June 21. That's according to the NY Daily News, which spoke to Assemblyman Gary Pretlow (D-Westchester), the prime sponsor of...
Federal Trade Commission Moves to Block DraftKings-FanDuel Merger
The US government took first steps toward quashing a proposed merger between daily fantasy sports giants DraftKings and FanDuel, contending the transaction would create an illegal monopoly that controls 90 percent of the DFS market. On Friday, the Federal Trade Commission, in...
Former Mohegan Sun Pocono Exec Sentenced to 32 Months for Bogus Loyalty Card Scheme
A former executive at the Mohegan Sun Pocono in Wilkes-Barre, Pennsylvania has been sentenced to 32 months for his role in a scheme that involved the casino’s slot machines and creating bogus loyalty rewards. Robert Pellegrini was VP of player development for...
