5349 stories by Casino.org Staff Writer
Fantasy Aces Hires Criminal Lawyer as New York Gaming Commission Turns Up the Heat
The New York Gaming Commission has launched an investigation into Fantasy Aces, the daily fantasy sports site that filed for bankruptcy at the end of January, apparently unable to pay its players. According to the Wall Street Journal, the company’s management has...
Macau Casino Stocks Look for Recovery After Losing $146 Billion
Macau casino stocks are in recovery mode, but the overall consensus among financial analysts is that the rebound won't restore the massive value lost over the past three or so years. From Bloomberg to Barron's, market commentators are issuing stern warnings on the...
Pennsylvania Sports Betting Bill Introduced, Penn State Football Popular at Sportsbooks
A Pennsylvania sports betting bill has been introduced by State Rep. Rob Matzie (D-District 16) that seeks to allow residents in the Keystone State to place financial wagers on sporting outcomes should a federal law be repealed. House Bill 519 would allow...
Mohegan Sun CEO Bobby Soper Resigns Amid Financial Investigation
Mohegan Sun CEO Bobby Soper has resigned from his executive role with the tribal gaming company as an investigation into potential financial regulatory shortcomings continues. The Pennsylvania Gaming Control Board is determining whether "possible operational control deficiencies" were incurred over the last...
Georgia Convenience Store Gambling Raid Puts Three in Jail
A convenience store gambling operation has been shutdown after police in Georgia raided the suspected business this week. The Marietta Police Department said in a press release that a two-year surveillance into two Gantts Food grocery stores began as a drug trafficking...
Atlantic City Casino Sector Starts Year With A Bang, Thanks to No Storms, Online, and House Luck
Atlantic City’s casinos began the year strongly, up almost eight percent in January on the previous year, continuing a modest upward trend for the sector in 2016. Total win for the casinos came in at $204.7 million, compared to $190.1 million for January...
MGM Resorts Misses Fourth-Quarter Projections, but Springfield Casino Construction Ahead of Schedule
MGM Resorts posted improved fourth-quarter revenues in 2016 compared to the previous year, but the generated income fell far short of projections. The Las Vegas-headquartered gaming and hospitality company reported net income of nearly $70 million for the final three months of...
Trump Name Removed from Shuttered Taj Mahal In Atlantic City
President Donald Trump’s name has been removed from the Taj Mahal casino in Atlantic City, four months after it was closed by his friend and Special Adviser on Regulatory Reform, the billionaire corporate raider Carl Icahn. It was Icahn who had persuaded...
Pete Rose Still Loves Gambling, and Doesn’t Much Care What You Think
Gambling cost Pete Rose a place in the National Baseball Hall of Fame, and ruined his personal reputation. Banned from the game since reaching a plea deal with the league in 1989, the all-time hits leader said this week he still loves...
Tabcorp Hit with AU$45 Million Fine Over AML Failures
Australian betting giant Tabcorp has agreed to pay a AU$45 million ($34.6 million) penalty for violations of its anti-money laundering (AML) and counter-terrorism financing (CTF) obligations. It’s by far the highest ever fine imposed for such transgressions by Australian authorities. The Australian...
