5349 stories by Casino.org Staff Writer
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...
Russian Hackers Expose Medical Records of Simone Biles, Williams Sisters, in Effort to Start Doping Scandal
Russian hackers infiltrated the World Anti-Doping Agency (WADA) database this week and are now exposing what they found. The hackers publicized the medical records of several prominent US Olympic athletes, including gymnastics all-around gold medal winner Simone Biles and superstar tennis sisters...
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...
Maryland Casinos Post Ninth Straight Monthly Revenue Gain
Maryland casinos are at it again. For the ninth straight month, the state's five casinos posted a gross gaming revenue increase and topped $100 million in total income for the fourth time in the last five months. The casinos generated a combined...
Sheldon Adelson Still Targeting South Korea for Next Casino
Sheldon Adelson still has his eyes set on the untapped market of Busan, South Korea. The Las Vegas Sands Chairman remains rather bearish on the US gambling sector, but the 83-year-old billionaire is bullish on the international casino market. Outside of his...
