5349 stories by Casino.org Staff Writer
Stratosphere Undergoing $140 Million Renovation, Analysts Bullish on Golden Entertainment
Renovations at the Stratosphere will soon commence, as new owner Golden Entertainment announced this week during an earnings call that it's going to spend $140 million over three years to refresh the Las Vegas hotel and casino. Golden Entertainment completed its acquisition...
Financial Regulator Probes Ladbrokes and William Hill Over ‘False Market’ Claims
The UK’s financial regulator is examining a complaint by The Campaign for Fairer Gambling (CFG) which claims Ladbrokes and William Hill have create a “false market” through their pronouncements on proposed gambling reforms, the Financial Times reports. The anti-gambling pressure group believes...
Penn National Pinnacle Entertainment Buyout Sparks Second Federal Trade Commission Review, Monopoly Concerns at Stake
Penn National Gaming's $2.8 billion acquisition of Pinnacle Entertainment is still scheduled to be completed in the latter half of 2018, but a second request for "additional information and documentary materials" by the US Federal Trade Commission (FTC) threatens to delay the...
Alabama Daily Fantasy Sports Bill Throttled to Death on Senate Floor
Alabama’s daily fantasy sports bill went down in flames in the State Senate on Wednesday. Despite being unanimously approved by the Senate Tourism and Marketing Committee earlier this month, Senator Paul Sanford’s bill didn’t even make the vote yesterday – a fate...
Delaware Governor Gives Assurance on Tax Relief as Casino Bill Put on Ice
Delaware’s proposal to slash tax rates for its three struggling casinos has been put on hold, following assurances from Governor John Carney that his administration is open to changing the tax structure to preserve casino jobs. Carney says he wants to know...
Connecticut Commercial Casino Projects Won’t Jeopardize Tribal Compacts, Says State AG
The Connecticut commercial casino market can get a new jolt, attested the state's Attorney General George Jepsen earlier this week. He told legislators that operators who want to open up shop in the state can explore that possibility without it jeopardizing two...
Sportech Shares Crash as Takeover Talks Break Down
Shares in Sportech, the former owner of the UK’s Football Pools, nosedived on the London Stock Exchange on Wednesday, wiping more than 50 percent off the company’s market cap. The crash came after the company was forced to issue a profit warning...
Google Blocks Cryptocurrency, Skin Betting, and Forex Advertising
Google has said it will block all advertising related to cryptocurrencies and ICOs, as well as certain kinds of gambling ads, as it moves to protect its "ads ecosystem” from “emerging threats.” The search giant said its cryptocurrency ban also extends to...
Atlantic City Casino Revenue Ice Cold in February, Win Drops 6.5 Percent
Atlantic City casinos aren't weathering the cold winter months, as February marked the town's third consecutive gross gaming revenue (GGR) decline. The seven casinos collectively generated total gaming win of $192 million. That's a 6.5 percent loss, or more than $13.3 million,...
Three Online Gambling Operators Quit Malta Over MGA Anti-Mafia Investigation
An unprecedented anti-Mafia investigation by the Malta Gaming Authority (MGA) into all its Italian licensees has resulted in three companies “unilaterally terminating their own licenses,” according to Malta Today. Betent.com (Betent Group Ltd), Potterbet (Potter Mrc Ltd) and Giodani (Giodani Limited) all...
