5353 stories by Casino.org Staff Writer
Potential Las Vegas NFL Stadium Receives $750 Million in Public Funding
The Las Vegas NFL stadium being proposed by billionaire Sheldon Adelson and Oakland Raiders owner Mark Davis received a critical vote in its favor this week. On September 15, the Southern Nevada Tourism Infrastructure Committee (SNTIC) voted unanimously to provide the football...
Candidates’ Foundations Draw Scrutiny as Polls Tighten Between Clinton and Trump
The presidential candidates' foundations are quickly becoming an imperative factor in the 2016 election. The Clinton Foundation and the Donald J. Trump Foundation have both come under fire in recent weeks, and opponents on both sides of the aisle are trying to...
Online Betting To Top One Trillion Dollars by 2021, Driven by Mobile and VR
The online gambling industry will process almost $1,000,000,000,000 (one trillion dollars) in bets per year by 2021, according to a whitepaper published this week by analyst Juniper Research. That equates to a 42 percent increase on the $550 billion expected this year....
DOJ and FinCEN Wag Fingers at Casinos Over Bank Secrecy Act Violations
Casinos, you've been warned. During this week's Casino Essentials' 9th Annual AML Conference in Las Vegas, the Department of Justice (DOJ) and Financial Crimes Enforcement Network (FinCEN) issued a stern warning to commercial institutions that knowingly disobey banking laws. "Casinos and card...
The Football Pools Sold for Nearly $130 Million to Sportingbet Founder
The Football Pools are being sold to private equity firm Burlywood Capital for £97.25 million ($129.4 million). The self-proclaimed oldest soccer sportsbetting house in the world, The Football Pools were first launched 93 years ago in 1923. The operation once claimed to...
Pro-New Jersey Casino Expansion Ad Highlights “Financial Cost” of Referendum Vote
Supporters of New Jersey’s northern casino expansion proposal have launched a new TV ad campaign emphasizing the billions of dollars in potential revenue lost to the casino expansion of neighboring states. It highlights the resulting loss of funding for programs aimed at...
Parisian Macau Casino Resort Opens Tonight
Sheldon Adelson’s lavish $2.7 billion casino resort on Macau’s Cotai Strip, the Parisian Macau, opens tonight, complete with 3,000 rooms, hundreds of shops, a theater, a water park and an obligatory half-sized Eiffel Tower replica. Around 500 journalists descended on the gambling...
Hell’s Angels-Operated and Mafia-Linked Online Sports Book Techie Fined $400,000
The tech guy for an online sports book operated by the Hell’s Angels and with links to the Canadian Mafia has been fined CA$400,000 by a Toronto court. Gordon Baird, 59, pled guilty to being the web administrator of Platinum Sports Book,...
RAWA Supporters Chaffetz and Adelson Find Common Ground in Politics and Internet Security
Utah Representative Jason Chaffetz (R) and Las Vegas Sands CEO Sheldon Adelson (also definitely a Republican) have some connective tissue when it comes to their views on who they hope becomes the next US president. Each may be focused in slightly different...
Caesars Bankruptcy Mediator Quits
Caesars’ long-suffering mediator in its chapter 11 bankruptcy case has thrown in the towel. The casino giant is currently embroiled in what one of its own lawyers described as the “largest and most complex bankruptcy in a generation” as it seeks to...
