5357 stories by Casino.org Staff Writer
Macau’s Studio City Will Default on Debt, Warns Analyst
Studio City Macau, Lawrence Ho and James Packer’s $4.5 billion integrated casino resort on the Cotai Strip is in trouble and could default on the $1.41 billion loan used to complete the construction of the hotel. That’s the word from rating agency...
NBA Veteran Guard Jamal Crawford Adds Name to Athletes Mixed Up in Gambling Scandals
NBA veteran Jamal Crawford is opening up about a substantial debt he endured stemming from illegal gambling following his rookie season. In a new biographical piece published in ESPN's The Undefeated, the 16-year vet says he lost about $100,000 in a two-day...
Affinity Gaming Acquired by New York Private Equity Firm
Affinity Gaming is selling its 11 casinos to Z Capital Partners, a private equity firm based in New York and Illinois, for $580 million. The all-cash deal gives Z Capital the remaining 59 percent of Affinity to go along with its current...
Sportradar Lands NHL Contract to Monitor Suspicious Betting Patterns
Sportradar has been hired by the National Hockey League (NHL) to monitor suspicious betting patterns on its games in Nevada and around the world. In June, the NHL became the first major sports league to approve a franchise in Las Vegas. The...
Two Female Gambling Addicts, Two $1.7 Million Heists, Two Prison Sentences
Two female gambling addicts have unintentionally produced one of the more ironic casino stories in recent history. The parallels of their separate accounts are eerily similar. Both women stole $1.7 million from their employers in order to fuel their gambling addictions. Both...
Somerville Drops Case Against Wynn Boston Harbor
The City of Somerville, Massachusetts is dropping its legal challenge against Wynn Resorts’ effort to build its $2.1 billion resort, the Wynn Boston Harbor, in the neighboring city of Everett. That means for that, the first time since the casino giant was...
Atlantic City Casino Sector “Right-sized” and Resurgent in 2016
The Atlantic City casino sector’s whispered bounce-back appears to be real. Collectively the city’s casinos saw their profits skyrocket by 21 percent for the first half of 2016, according to figures just released by the New Jersey Division of Gaming Enforcement. The...
DraftKings and FanDuel Relaunch in New York
Real-money daily fantasy sports games were back on the menu in New York, just hours after operators were cleared by the state’s Gaming Commission yesterday (Monday, 22 August). Both DraftKings and FanDuel were granted temporary permits to offer the games, with DraftKings...
Jason Chaffetz Chastises Media for Focusing on Ryan Lochte Scandal, While Ignoring Hillary Clinton Emails
US Rep. and House Committee on Oversight and Government Reform Chairman Jason Chaffetz (R-Utah) is angry with a lot of things when it comes to policies and procedures. The primary advocate for the Restoration of America's Wire Act (RAWA), the anti-online gaming...
Massachusetts Tribe Challenges Casino Ruling that Could Strip it of Sovereign Lands
The Mashpee Wampanoag tribe of Massachusetts’ long-held dream to build a casino resort on its tribal land has been thrown into jeopardy, along with its very sovereign rights to govern those lands. The tribe, which was granted federal status in 2007, has...
