5349 stories by Casino.org Staff Writer
Kelly Cheung Yin Sun Targeted Borgata for Revenge
“Kelly” Cheung Yin Sun was out for personal revenge against MGM Resorts, which was why she and Phil Ivey targeted the Borgata for their high-stakes baccarat edge-sorting spree in 2012. MGM owned 50 percent of the Borgata at the time, a stake...
Casino Billionaire Carl Icahn to Advise President-Elect Donald Trump on Regulatory Issues
Carl Icahn has agreed to be an advisor to President-elect Donald Trump when the latter officially becomes with 45th president of the United States next month. There has been plenty of speculation since Trump's historic upset win over Hillary Clinton on November...
Boyd Gaming Completes Cannery Acquisition
Boyd Gaming finalized its takeover of Cannery Casinos on Tuesday, bolstering its already powerful hold on the high-performing Vegas locals market. The company announced it had sealed a $230 million deal to purchase the chain back in June, and this week added...
Sheldon Adelson Won’t Pay $10 Million Pennsylvania Fee Unless Required
Sheldon Adelson isn't in the giving spirit this holiday season. The Las Vegas Sands billionaire's resort in Bethlehem, Pennsylvania, will not pay a $10 million local share tax to the casino's host city after the state's Supreme Court deemed the requirement unconstitutional....
For Sale: Trump Taj Mahal, as Carl Icahn Looks to Sell President-Elect’s Former Property
UPDATE: December 21, 2016: Carl Icahn is reportedly under consideration for an unofficial, unpaid side gig with the Trump administration: that of a regulatory adviser. As a fellow billionaire and real estate and casino tycoon of many decades, Icahn would fit in...
Golfer John Daly Threw $55,000 in Gambling Winnings Off Bridge
Golfer John Daly is known to like a wager or two but did you know he once threw $55,000 in gambling winnings off a bridge? Talk about throwing your money around: it seems Daly ejected the aforementioned sum through the window of...
Casino Industry Waiting Patiently for Its Trump Meeting
The US casino industry, which is largely based in Nevada and Las Vegas, is predominantly happy save for a Jim Murren or two that President-elect Donald Trump is soon on his way to Washington, DC. Having one of their own occupying the...
Caesars’ Lenders Threaten to Terminate Restructuring Deal
More trouble for Caesars’ $18 billion bankruptcy restructuring plan this week, as a committee of bank lenders have threatened to pull their support, potentially plunging the entire process into disarray. According to a note filed on Monday by Caesars to the Securities...
David Baazov Pulls the Plug on Amaya Offer, Deal Now Off the Table
It's an undone deal for David Baazov. The ex-Amaya CEO announced Tuesday that he has ditched his bid to buy Amaya, the parent of PokerStars and Full Tilt. A press release issued by Baazov revealed that negotiations between both parties had broken...
New Jersey Casino Bill Would Prevent Closed Properties from Reopening Without Honoring Existing Labor Agreements
The anti-Carl Icahn casino bill introduced in New Jersey by State Senate President Stephen Sweeney (D-District 3) has received the Legislature's blessing and is now on its way to Governor Chris Christie's (R) desk. Senate Bill 2575 bans casino owners from closing...
