5353 stories by Casino.org Staff Writer
Melco Resorts Announces $500 Million Stock Buyback
Melco Resorts announced this week that it plans to purchase $500 million worth of its issued stock over the next three years. In a filing with the US Securities and Exchange Commission, Melco Resorts CFO Geoffrey Davis explained that the company's board...
Two State Regulators Approve Penn National Takeover of Pinnacle Entertainment
Penn National is one step closer to completing its proposed takeover of Pinnacle Entertainment, as the gaming firm received approval from two state-level regulatory bodies for the transaction. According to a statement from Penn National on Wednesday, both the Pennsylvania Gaming Control...
Favorites and Cinderellas Clash in NCAA Tournament Sweet 16
The Sweet 16 of the NCAA Tournament begins on Thursday night, with both traditional powerhouses and some surprising upstarts still alive in the hunt for a national championship. The first two rounds of the tournament saw numerous upsets, leaving plenty of low...
South Korea’s Foreigner-only Casinos Suffer from Chinese Travel Ban
The Chinese ban on the sale of package tours to South Korea has dented the revenues of the country’s casino sector, which is overwhelmingly foreigner only. The ban was one of several retaliatory measures adopted by the Chinese government in March 2017...
Man Utd Star Zlatan Ibrahimovic Pulls Out of BetHard UK Launch Over Threat of FA Sanctions
Online gambling site BetHard was forced to postpone its UK launch today (Wednesday) after it discovered its brand ambassador, soccer legend Zlatan Ibrahimovic, faced possible sanctions from English soccer's governing body for promoting the company. The Manchester United star, often referred to...
UK Government Faces Party Revolt Over FOBT Max Stakes
The UK’s governing Conservative Party could face open rebellion from within its own ranks if it fails to reduce the maximum stakes on fixed-odds betting terminals, the controversial betting shop machines that currently allow customers to bet up to $100 every 20...
Steve Wynn to Sell Majority Stake in Wynn Resorts
Steve Wynn is poised to sell some or all of his shares in Wynn Resorts, according to a filing to the Securities and Exchange Commission on Wednesday. The news comes five days after Wynn and his ex-wife, Elaine Wynn, dissolved a shareholder’s agreement,...
GGG Says Canelo Alvarez Contaminated Meat Doping Excuse is Baloney, But May 5 Fight Still On
Gennady GGG Golovkin says he's ready to get back into the ring with Canelo Alvarez, but only if his opponent is clean and playing by the same rules. In interviews this week, the boxer voiced plenty of concerns. It was revealed earlier...
MGM Resorts Says ‘The Show’ Must Go On, Relaunches Suspended Marketing Campaign
MGM Resorts has relaunched a slightly tweaked version of its "Welcome to the Show" branding campaign, which the company suspended in the days following the October 1 massacre. The roughly three-minute spot begins by telling viewers with on-screen text that "Mankind was...
Macau Multi-Billionaire Casino Owner Pollyanna Chu Loses Half Her Fortune in Stock Crash
Pollyanna Chu, the owner of the Macau’s Golden Resorts group and until very recently Hong Kong’s richest woman, has seen more than half of her $12 billion fortune wiped out by nosediving stock in her Kingston Financial Group. Kingston is the parent...
