5353 stories by Casino.org Staff Writer
Phil Mickelson Forfeits $1 Million Stemming From Insider Trading Case
Phil Mickelson is short $1 million, after the golf superstar agreed to repay profits stemming from an alleged insider trading scheme to the US Securities and Exchange Commission (SEC). Preet Bharara, the US Attorney for the Southern District of New York and...
Las Vegas Conference Tackles Gaming Anti-Money Laundering Measures, While Major Heroin Bust in Delaware Ends up Laundered in State Casinos
The Bank Secrecy Act Conference at the South Point in Las Vegas this week drew legal representatives from across the casino industry to discuss the issue of anti-money-laundering compliance. In the news frequently of late, perhaps most notably following the massive cyber...
Trump Taj Mahal Poker Room Reopens in Atlantic City, But Attendance is Lackluster for Soft Kickoff
The Trump Taj Mahal in Atlantic City folded on its poker room in February of 2015, but insisted at the time it would eventually buy back into the game. The Boardwalk resort said it was simply renovating the space, hoping to ultimately...
CG Technology Faces Nevada License Revocation Over $700,000 Customer Underpayment
CG Technology (CGT), which operates sportsbooks at major Las Vegas properties such as the Venetian, the Palms, the Hard Rock Hotel and Tropicana, could lose its Nevada Gambling license over a complaint that it knowingly shorted its customer for over $700,000. According...
Pennsylvania Online Gambling Legislation Poised for Budget Inclusion
Pennsylvania online gambling is being heralded as a potential saving grace for state lawmakers in Harrisburg looking to overcome a $1.8 billion budget deficit. While some in the state capital are advocating for a sales or income tax increase, House Republicans are...
Draftstars Wants to Grab Australian DFS Audience, Hoping to Piggyback on Aussies’ Love of Sports Betting
Australian daily fantasy sports site Draftstars, a joint venture between online bookmaker CrownBet and sports channel conglomerate Fox Sports, recently announced that the new platform is undergoing a promotional marketing drive to tap into the emerging Aussie demographic. Hosted by the turnkey...
Las Vegas Culinary Union 226 Implies Jim Crow Laws Being Used in Red Rock and Station Casinos Dispute
Las Vegas Culinary Union Local 226 says the actions of the Clark County District Attorney's office in relation to the distribution of flyers by two of the union’s Hispanic members inside the Red Rock Resort late last year are so egregious, they...
Caesars Interactive Entertainment Could Be for Sale, But Will Bankruptcy Court Allow It?
Caesars Entertainment is considering the sale of its digital division, Caesars Interactive Entertainment (CIE), according to Bloomberg Technologies. Anonymous sources told Bloomberg Friday that the embattled casino giant had received multiple offers that would value the company at $4 billion. Meanwhile, the...
Amaya Q1 Profits Double, Baazov to Step Down from Board
Amaya’s Q1 conference call revealed a company in robust health, despite the recent troubles of its Chairman and CEO, David Baazov. Interim CEO, Rafi Ashkenazi, who is holding the fort while Baazov takes temporary absence to consider insider trading charges against him,...
Las Vegas Considers Adding eSports to Casino Offerings at Latest Gaming Commission Hearing
Nevada Governor Brian Sandoval joined a meeting of the Nevada Gaming Policy Committee on Friday as a group of largely middle-aged men in suits were invited to wrap their silvery heads around the ultimate “millennial” pastime, eSports. eSports, or professional competitive video...
