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5349 stories by Casino.org Staff Writer

Pennsylvania Casinos Post Record Revenues

Pennsylvania Casinos Smash Revenue Records in 2016, Driven by Table Games

Pennsylvania’s casino sector is booming with overall revenue topping $3.2 billion in 2016, according to new figures, a record for the state. The upward trend has been driven largely by table games, particularly at the Sands Bethlehem. While slot machine revenues remained...

Casino.org Staff Writer January 24, 2017
Floyd Mayweather sports betting streak

Floyd Mayweather Flaunts Sports Betting Streak, Green Bay Packers Ride Ends

Floyd Mayweather isn't known for being humble, and considering his all-time 49-0 boxing record, perhaps that's warranted. Affectionately known as "Pretty Boy" and "Money," the boxing GOAT (greatest of all time) is spending his hard-earned retirement fortune by placing some not-so-casual sports...

Casino.org Staff Writer January 23, 2017
Mafia Tried to Kill Card Counter Edward Thorp

Mafia-Backed Casinos Tried to Kill Me, Claims Edward O Thorp, the Father of Card-counting

Edward O Thorp, the 84-year-old inventor of card-counting, was once the target of a suspected Mob hit. The revelation comes in Thorp’s new autobiography, A Man for All Markets, published this week. In 1964, Thorp believes that Mafia-connected owners of the Dunes...

Casino.org Staff Writer January 23, 2017
David Bitkower Western Union AML procedures

DOJ Accuses Western Union of Anti-Money Laundering Violations, $586M Fine Tendered

Western Union will pay US federal authorities $586 million for anti-money laundering (AML) violations, the largest forfeiture ever imposed on a money services business by the Department of Justice (DOJ). The wire service company’s transgressions ranged from facilitating illegal Costa Rica-based sports...

Casino.org Staff Writer January 23, 2017
UK Bookmakers Donald Trump inauguration speech payouts

Donald Trump Inauguration Speech Not a Big Pay Day for Online Gamblers

President Donald Trump's inauguration speech last Friday delivered plenty of fist-pumping excitement to those who voted for him, but for gamblers who took odds on precisely what he would say, the address didn't deliver much in the way of profits. The entire...

Casino.org Staff Writer January 23, 2017
casinos millennial concert acts Iggy Azalea

Casinos Push Towards Millennials by Booking Hipper Concert Acts

Move over Cher and Celine. Casinos are chasing the millennial, and in order to get them inside their doors, numerous gambling venues are booking concert acts that appeal to the 20 and 30-somethings. From bringing in the Impractical Jokers, stars of the...

Casino.org Staff Writer January 22, 2017
tennis players betting Madison Keys

Tennis Players Attacked on Social Media by Angry Fans Allegedly Gambling on Matches

Multiple tennis players are speaking out against social media attacks levied by persons who are allegedly gambling on matches and frustrated from losing. Over the past year, numerous tennis stars, the majority of which are women, have revealed threatening messages they've received...

Casino.org Staff Writer January 21, 2017
Atlantic City reinvestment CRDA Margaritaville

Atlantic City Reinvestment Authority Focuses on Casinos Over Urban Development

The Atlantic City reinvestment board responsible for overseeing the city's revitalization has spent a considerable amount of its budget on funding projects that benefit the resort town's casinos. The Casino Reinvestment Development Authority (CRDA) is a state-run organization that gained additional power...

Casino.org Staff Writer January 21, 2017
LVS settles with DOJ for $7 million

LVS to Pay DOJ $7 Million to End Investigation into Payments in China 

Sheldon Adelson’s Las Vegas Sands will pay almost $7 million to resolve a Department of Justice investigation into federal anti-bribery law violations in China and Macau. It is illegal, under the US Foreign Corrupt Practices Act, for companies and their executives to...

Casino.org Staff Writer January 20, 2017
Florida gambling bill sponsor State Senator Bill Galvano

Florida Gambling Bill Sponsor, State Senator Bill Galvano, Denies Conflict of Interest

Florida State Senator Bill Galvano (R-Bradenton), sponsor of the state’s new comprehensive gambling expansion bill, is under fire over failing to declare a possible conflict of interest. The Associated Press reported Thursday that Galvano recently worked for luxury real-estate company Turnberry Associates,...

Casino.org Staff Writer January 19, 2017