5349 stories by Casino.org Staff Writer
Carl Icahn Cited in Billy Walters Trial as Prosecution Pushes for Submission of New Evidence
As the insider trading trial of Las Vegas gambler Billy Walters swung into its second week on Monday, Carl Icahn’s name was once again dragged into proceedings. Icahn, the billionaire activist investor, owner of the Tropicana Casino and two shuttered former Trump...
Ladbrokes Coral Takes $200 Million Hit But Insists the Future’s Bright
Ladbrokes Coral execs brushed off a £200 million pre-tax loss for 2016 during the enlarged company’s first earnings call since combination, citing projected cost savings of £100 million per year by 2019 as a reason to be cheerful. Ladbrokes Coral said, despite...
Macau Casino Billionaire Lawrence Ho Pays $65 Million for NYC Pad
Lawrence Ho, the billionaire chairman and CEO of Melco International Development and Melco Crown Entertainment, has reportedly shelled out a staggering $65,163,580 for a top-floor unit of 432 Park Avenue, the tallest residential skyscraper in the Western Hemisphere. Melco Crown is a...
Galaxy Macau Expansion Devoted Almost Entirely to Non-Gaming
Galaxy Macau is readying to commence construction on the resort's third and fourth phases, but the multibillion-dollar expansion won't add much square footage in terms of gaming space. In its 2016 annual report, which was filed just last week, Galaxy Entertainment reveals...
President Trump Owns Jordan Casino Trademark, Spurring Speculation Over the His Former Middle East Business Plans
President Trump holds a casino trademark in Jordan that protects the use of his name for any gambling-related facility in the Middle East country. Though gambling is strictly barred in the Arab nation, the 45th commander-in-chief apparently once felt the need to...
Las Vegas Raiders Could Provide Boost to Gambling Stocks, Mark Davis Thanks Sheldon Adelson
The Las Vegas Raiders are likely coming to town for the start of the 2019 NFL season. Welcoming professional football to the city, the most popular sport in America, will provide an economic boost to the Strip, and theoretically, help boost the bottom...
Skill-gaming Innovator GameCo Seeks Funding for Expansion
GameCo is betting the future belongs to skill-based casino gaming, and it’s asking potential investors to put their money on it too. The New York-based company made gaming history when it provided the world’s first ever commercially-operational skill-based casino gaming machine, “Danger...
DraftKings Launches in Germany Via Maltese Skill-gaming License
DraftKings launched beta-testing in Germany over the weekend, as the company attempted to get back on track with global expansion plans that were disrupted in late 2015. “Germany is known for its passionate sports fans and we are pleased to welcome them...
Phil Mickelson Would “Take the Fifth” if Called to Testify in Billy Walters Trial
Golfer Phil Mickelson would “take the fifth” if called to testify in the ongoing trial of his friend Billy Walters and will therefore not be called as a witness for the defense, according to Walters’ lawyer. The possibility of the five-time major...
Massachusetts Online Gambling Support Widens, as Bay State Looks to Become Tech Hub
Massachusetts online gambling support is reportedly growing, as legislators in the Bay State are mulling the pros and cons of authorizing internet casinos. In addition to the obvious fact that the state would stand to receive additional tax revenue by allowing current...
