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5349 stories by Casino.org Staff Writer

Revel Casino owners bail Atlantic City

Revel Buyer Bails Over Energy Costs in Atlantic City, as Trump Taj Mahal Standoff Worsens

More misery for the shuttered Revel Casino in Atlantic City, as Brookfield Asset Management, the company that successfully bid to buy  the property for $110 million at bankruptcy auction, has backed out of the deal. The Toronto-based company planned to reopen it...

Casino.org Staff Writer November 20, 2014
New Jersey online casino winner

First New Jersey $1 Million Online Casino Prize Gets Paid Out

The very first New Jersey $1 million online casino prize has now made history, as a Garden State woman took home a prize of over $1.3 million, becoming the first person in the state to win a seven-figure payday in the New...

Casino.org Staff Writer November 19, 2014
Live! Hotel and Casino South Philadelphia

Live! Hotel and Casino Wins South Philadelphia License

Live! Hotel & Casino has been awarded Philadelphia’s second casino license. The Pennsylvania Gaming Control Board awarded the license on Tuesday. A joint project between Cordish Companies and Greenwood Gaming & Entertainment Inc., which owns the Parx Casino in Bensalem, the proposed...

Casino.org Staff Writer November 19, 2014
Adam Silver NBA legal US sports betting

NBA Commissioner Adam Silver Pushing for Legal US Sports Betting

Can legal US sports betting, across the board, ever be a thing? A surprising proponent has emerged in the form of NBA Commissioner Adam Silver. Commissioner Silver penned an op-ed for The New York Times recently, stating that he believes it's time to...

Casino.org Staff Writer November 18, 2014
Revel to reopen in Atlantic City

Revel to Reopen Under New Owners, While New Jersey Showboat Goes Collegiate

The new owners of Atlantic City's Revel Casino, Toronto-based asset management firm Brookfield Asset Management Inc., have announced they will invest $200 million to redevelop the formerly swank property, with the aim of reopening it once more next year. Brookfield bid $110 million...

Casino.org Staff Writer November 17, 2014
Mohegan Sun fights back in Connecticut

Mohegan Sun Looks to Expansion as Connecticut Takes on Massachusetts

Mohegan Sun is now steeling itself to take on Massachusetts, rather than beating a humiliating retreat after losing the bid for an east Massachusetts casino license this year. The Sun wants to build a new casino in north Connecticut to compete with...

Casino.org Staff Writer November 16, 2014
Union members from UNITE HERE Local 54 rally outside the Trump Taj Mahal Casino in Atlantic City, New Jersey

Trump Taj Mahal to Close in New Jersey, Union Demands at Fault, Say Owners

It's not looking good for the Trump Taj Mahal right now, as the Atlantic City casino stands to be the next brick-and-mortar outfit to fall in the beleaguered resort town's tumbling domino effect of gambling properties this year. The stand-off between Trump...

Casino.org Staff Writer November 15, 2014
Danielle Andersen Ultimate Gaming shutdown NV

Ultimate Poker Shuts Down Nevada Online Poker Site for Good

Ultimate Poker has shut down its Nevada online poker site, ending a 19-month run after becoming the first regulated Internet poker site in the United States. The company has now also become the first to end operations in Nevada, leaving just two...

Casino.org Staff Writer November 14, 2014
Archie Karas notorious gambler probation

Legendary Gambler Archie Karas Sentenced as Blackjack Cheat

Archie Karas, the gambler and poker player who in the 1990s went on perhaps the most famous winning streak of all time, has been sentenced to three years’ probation, having been found guilty of cheating at blackjack. Karas, real name Anargyros Karabourniotis,...

Casino.org Staff Writer November 14, 2014
Steve Sweeney Atlantic City finances

NJ Senate President Steve Sweeney Says Atlantic City Will Not Be Next Detroit

New Jersey State Senate President Steve Sweeney (D-Gloucester) has announced that he will introduce legislation designed to keep Atlantic City from "becoming Detroit." The idea is to stabilize the city, an important goal following the closure of at least four major AC...

Casino.org Staff Writer November 13, 2014