5349 stories by Casino.org Staff Writer
Melco International Thrives without Crown Resorts as Macau Bounces Back
Lawrence Ho’s Melco International Development is riding high on a resurgent Macau. On Monday, the company reported a net profit of HKD10.37 billion ($1.33 billion) for full-year 2016. Higher profits were aided by Melco’s takeover of Melco Crown, the company it formed...
US Supreme Court Refuses Washington State Tribal Casino Case, Decision Could Impact Taunton Challenge
The US Supreme Court has decided not to listen to a tribal casino appeal in Washington State, a decision that ultimately allows the Cowlitz Indian Tribe's $510 million Ilani Casino Resort near La Center to proceed without additional legal challenge. The high...
Carl Icahn Formally Hands Off Trump Taj Mahal to Hard Rock International, Name Change Imminent
The Trump Taj Mahal is soon to be become the Hard Rock Atlantic City, following the finalization last Friday of a deal believed to be worth $300 million. The sale brings to a close a long and often troubled history for the...
North Carolina Scores Roy Williams’ Third NCAA National Title, Kentucky, Louisville, Duke Early 2018 Favorites
North Carolina won its sixth men's basketball NCAA national championship on Monday night after topping Gonzaga 71-65. It marks the third time coach Roy Williams has cut down the championship nets since his tenure began at UNC in 2003. With both teams...
Macau Casino Revenue Heats Up in March, Stocks Also Benefit
Macau casino revenue surged in March to more than $2.65 billion, an 18.1 percent increase on the same month in 2016. Gambling operators pulled in 21.23 billion Macau patacas during the month, a substantial premium on the 17.98 billion they collected last...
Former Colombian Gaming Regulators Arrested for Corruption, Fraud
Police raids across Colombia in South America have resulted in the arrests 31 people on gambling and corruption charges, including casino operators and former executives of Coljuegos, the country’s gambling regulator. According to the public prosecutor's office, the arrests relate to the...
FBI Saipan Casino Raid Tied to Construction Worker Death, Visa Violations
An FBI raid late last week on the Saipan offices of casino developer Imperial Pacific was related to the death of a construction worker and the federal violation of the workplace visa system, a Bureau spokeswoman said over the weekend. Last March,...
Japan Bitcoin Payments Officially Recognized as Legal Currency, Price Skyrockets
Japan Bitcoin payments are now official legal transactions in the Asian country, and that's driving up the digital currency's value. As of Monday at 12:01 local time, Japan's Financial Services Agency announced that the decentralized virtual money would be recognized as legal...
Illinois Casino Expansion Could Move Forward Without Grand Bargain
An Illinois gambling bill (SB 7) that would authorize six news casinos across the state could move forward with or without without the state’s “grand bargain” budget resolution, according to one of its sponsors. The State Senate approved the bill in early...
Best Sunshine Live Gets Heat from FBI
The Saipan offices of Imperial Pacific, operator of the island’s Best Sunshine Live Casino, were raided by the FBI this week. Saipan local television reported that federal agents and local police descended on the company’s base on the island for several hours...
