5349 stories by Casino.org Staff Writer
Phil Ivey Loses Borgata Edge-sorting Case, Must Pay Casino $10.1 Million
On Thursday, a New Jersey judge ordered poker player Phil Ivey and “Kelly” Cheng Yin Sun to repay $10.1 million to the Borgata Hotel and Casino. The sum represents the $9.6 million “winnings” amassed during a four-day stint edge-sorting at the casino’s...
Four Winds South Bend Casino Could Cut Indiana State Revenue by $350 Million
Indiana’s casinos could take an $800 million hit in the first five years following the establishment of a new tribal casino, which would in turn leave state coffers $350 million poorer. That’s the verdict of new research from the Spectrum Gaming Group,...
Atlanta Will Still Have Georgia Gaming Opportunities on Its Mind When 2017 Legislative Session Resumes
The failed Georgia casino bill that didn't gain enough support in Atlanta during this year's legislative session is expected to return in the New Year. A proposed measure that would have authorized up to five land-based casinos in five geographical zones in the Peach...
Crown Resorts Sells $1.2 Billion Stake in Macau, Pulls Out of Alon Vegas Project
James Packer's Crown Resorts has made a dramatic U-turn on its global expansion strategy, suddenly and unexpectedly retreating from both Las Vegas and Macau, the two biggest gambling hubs in the world. Crown dropped the bombshell during an earnings call on Thursday....
Japan Passes Casino Bill, Opening Up Potential $40 Billion Market
Japan, the sleeping giant of casino gaming, has awoken. In the early hours of Thursday morning, lawmakers in the upper house of the Japanese parliament passed the Integrated Resorts Promotion bill, paving the way for full scale casino resorts in the country....
Consortium Makes Shock $7.3 Billion Offer for Tatts, Igniting Potential Bidding War
The proposed merger between Australian betting giants Tabcorp and Tatts was plunged into uncertainty after a consortium including private equity firm KKR and investment banker the Macquarie Group launched an unexpected A$7.3 billion ($540 billion) bid for Tatts. The bid trumps the...
Casino Gamblers’ Spending Prognosis Expected to Bump by 3.5 Percent Through 2020
Casino consumer spending is ready for takeoff. According to a study titled "Gambling: United States" conducted by Freedonia Focus Reports, an Ohio-based market analytics firm, gambling will grow in the United States at an annual rate of 3.5 percent through 2020. Due...
Macau Casino Smoking Fines Up Nearly 36 Percent in 2016, as Chinese Gamblers Keep on Puffing
Macau casino smoking fines are up 35.7 percent through the first 11 months of 2016. Macau's Health Bureau reports that 585 people have been issued citations for smoking indoors on casino floors. By a law passed in 2013, casinos in Macau must...
Chris Christie Says North Jersey Casino Referendum Smackdown Was “Dumb Move”
Governor Chris Christie (R) says New Jersey voters made the wrong decision last month regarding the casino expansion ballot question they overwhelmingly refuted on November 8. Cohosting the "Boomer and Carton" radio program this week on CBS New York, Christie said the...
Fraudster Blows $1 Million on Game of War: Fire Age
A California man this week admitted to stealing $4.8 million from his employer and spending $1 million of the embezzled loot on in-app purchases in Game of War: Fire Age (GoW). Kevin Lee Co told a Sacramento federal court that other expenditures...
