5357 stories by Casino.org Staff Writer
CG Technology Fined $22.5 Million for Illegal Gambling and Money Laundering Charges
CG Technology (CGT), formerly Cantor Gaming, has agreed to pay $22.5 million to US authorities to settle charges of illegal gambling and money laundering. The fine will release the bookmaker, which operates sports books in Las Vegas at the Venetian, the Palms,...
Former NBA Commissioner David Stern Changes Stance, Calls for Repeal of PASPA
Former NBA Commissioner David Stern has made a dramatic U-turn in his stance on sports betting, and says he now wants to see it federally legalized. And the man who, while opposing New Jersey’s fight for legalized sports betting in 2012, wrote...
MGM National Harbor Opening December 8 Outside Washington, DC
MGM National Harbor will officially open its doors on December 8 at 8 pm local time in Prince George County, Maryland. The $1.4 billion resort located just 10 miles from the White House comes with a 24-story luxury hotel featuring 308 guestrooms....
Macau Gaming Revenue Benefits From New Resorts’ Fanfare
Macau gaming revenue in September totaled 18.4 billion patacas ($2.3 billion), a better-than-expected 7.4 percent rise. Following two years of monthly declines, September marks Macau's second straight year-over-year month in the black. The welcomed financial reversal is perhaps a surprise to some...
Venetian and Palazzo Casinos Accused of Aiding in Money Laundering Scheme
The Venetian and The Palazzo resorts are being accused in a Clark County lawsuit of knowingly assisting money laundering, and allowing "shrills" to take out millions of dollars in credit. Xiufei Yang, 59, and Meie Sun, 52, owe the two Las Vegas...
Was a Cuban Casino on Donald Trump’s Mind in 1998?
Donald Trump has denied a report from Newsweek claiming that a Cuban casino was being considered by the Republican Party presidential candidate in the late 1990s. The report implied that the billionaire's company violated the United States embargo against Cuba back in 1998,...
Amazon’s TwitchTV to Launch In-Game Currency for Esports Betting
TwitchTV, the online video-game streaming platform owned by Amazon, will launch its own virtual currency, to be known as Stream+. The announcement came at the annual TwitchCon conference in San Diego on Thursday, and while details are scarce on exactly how the...
Pennsylvania Local Casino Tax Violates State Law, High Court Says
Casino tax laws in Pennsylvania mandate that venues share at least $10 million in slot revenue each year with their local municipalities. The Pennsylvania Supreme Court ruled that directive unconstitutional this week. The Mount Airy Casino Resort in the Poconos brought the...
UNLV Presidential Debate Costs Double, Rise to $8 Million for Las Vegas Third Round
The UNLV presidential debate in Las Vegas on October 19 is now expected to cost $8 million, double the initial price tag city officials expected. In September of 2015, the Las Vegas Convention and Visitors Authority (LVCVA) approved $4 million in city...
DraftKings Investigating Collusion Claims Over Winning Brothers’ Score
DraftKings has said it is investigating the allegations of collusion surrounding one of the winners of its flagship Fantasy Football Millionaire contest over the weekend. A player with the screenname “papagates” shared the $1 million first prize after scoring joint-best of 257,000 players...
