5349 stories by Casino.org Staff Writer
Bitcoin Is REAL Money After Major Ruling By Federal Judge
Bitcoin is real money. That’s the opinion of U.S. District Judge Alison Nathan, who this week rejected the argument of a defendant who had argued that bitcoin did not qualify as “funds” under the federal law. Anthony Murgio is charged with two...
Eldorado Resorts to Acquire Isle of Capri Casinos for $1.7 Billion
Eldorado Resorts is set to buy Isle of Capri Casinos in a cash and paper deal worth around $1.7 billion. As part of that figure, Reno-based Eldorado will assume $929 million of Capri’s debts. The combined company will now own 20 properties...
Fighting Among Arkansas Casino Ballot Opponents Picking Up Steam
The war of words over Arkansas’ casino ballot heated up this week, as the pro-casino movement requested to have a lawsuit that would block the ballot that was dismissed by the Arkansas Supreme Court. The Arkansas Winning Initiative (AWI), which wants voters...
New Jersey Senate President Stephen Sweeney Goes After Carl Icahn in New Casino Regulatory Bill
New Jersey State Senate President Stephen Sweeney (D-District 3) has introduced new legislation that would overhaul casino licensing protocols in Atlantic City. Senate Bill 2575, which was introduced concurrently with Assemblyman John Burzichelli's (D-District 3) Assembly Bill 4187 in identical text and...
Wynn Angered by Revere Slots Parlor Proposal
Steve Wynn’s troubles in Massachusetts continue as he seeks to expand his empire on the East Coast. After a protracted and occasionally bad-tempered bidding war with Mohegan Sun, Wynn won the bid for the state’s final remaining casino license, defeating various municipal lawsuits in...
Revel Atlantic City Rebrands, as Glenn Straub Names the Resort “TEN”
Revel Atlantic City is officially no more. The $2.4 billion resort that opened in 2012 only to close 29 months later got a new owner in 2015, and now it's getting a new name. Glenn Straub, the real estate developer who paid...
Bloombury Resorts Owner Enrique Razon Unfazed by Filipino Duterte’s War on Gambling
Spanish-Filipino billionaire Enrique Razon will forge ahead with his plan to build a $418 million casino in Manila, despite Philippine President Rodrigo Duterte’s hardline crackdown on gambling. Shortly after his election in June, Duterte set about systematically dismantling the country’s lightly regulated...
YouTube Stars Charged for Promoting Gambling by UKGC
YouTube stars Craig Douglas and Dylan Rigby have been charged by the UK Gambling Commission (UKGC) for encouraging underage video gamers to gamble. In what are first-of-its-kind charges, the Gambling Commission alleges the two vloggers inspired children to gamble and provided instructions...
NFL Commissioner Roger Goodell Not Yet Sold on Las Vegas Move for Raiders
NFL Commissioner Roger Goodell said during the second Sunday of the professional football season that a lot still has to happen before the Oakland Raiders could move south to Las Vegas. In Minnesota for the opening of the Vikings' new facility, Goodell...
Caesars Private Equity Backers Must Show their Bank Statements, Rules Bankruptcy Judge
Caesars’ junior creditors have successfully forced the casino group’s controlling private equity backers to reveal details of their wealth. The request was granted on Wednesday by the judge presiding over the $18 billion dollar bankruptcy of Caesars’ main operating unit, Caesars Operating...
