5357 stories by Casino.org Staff Writer
Detroit Casinos Making a Comeback as City Slowly Recovers from Recession Smackdown
Detroit casinos could be signaling a slight revival in a city that was hit exceptionally hard by the recession. Once known as the Motor City before the auto industry largely disappeared to cheaper pastures, Detroit may be in the early stages of...
Phil Mickelson Issues Garbled Statement On Illegal Gambling Controversy
Golfer Phil Mickelson has been fielding unwelcome questions about his alleged part in an ongoing gambling and money laundering scandal this week. Facing the world’s media at the Scottish Open, the five-time major winner was forced to address allegations that $2.75 million...
Unibet Acquires StanJames.com For £19 Million
Unibet has made a play for the UK market with the acquisition of the online betting arm of Stan James bookmakers. The company, which is of Swedish origin but headquartered in Malta will acquire Stan James’ internet business, including full rights to...
Judge Allows Boston Lawsuit To Move Forward In Wynn Everett Case
Suffolk Superior Court Judge Janet Sanders rejected a request by the Massachusetts Gaming Commission to dismiss a lawsuit filed by the city of Boston, though the ultimate outcome of the legal action to stop the Wynn Everett from being built is still...
Yahoo Introduces Daily Fantasy Sports
Web portal giant Yahoo has made the move into daily fantasy sports, embracing a multi-million dollar industry that skirts around the fringes of online gambling without actually being “gambling,” or so the industry insists. It’s a bold step for a mainstream company...
New Jersey Lawmaker Proposes Student Loan Lottery
Student loan debt has become a major issue in the United States, as Americans now owe about $1.2 trillion in college debts. Those debts have proven crippling for many former students who are just starting their careers, leading to many calls to...
Bwin.party Confirms GVC Bid
GVC’s Amaya-backed bid for bwin.party was confirmed by the board today. Yesterday, The Financial Times broke the story that GVC had made a $1.4 billion offer to acquire the entire share capital of the online gambling firm; today, the bwin.party board said...
$5 Billion Pinnacle Entertainment Takeover Is Odds On
Pinnacle Entertainment’s share price rose to an annual high on Tuesday following a revised $5 billion takeover bid from Gaming and Leisure Properties (GLPI); a bid that analysts say Pinnacle would be mad to turn down. The new offer represents an increase...
Greek Financial Crisis May Impact IGT
Greece’s ongoing financial crisis and standoff with European leaders could have repercussions that impact the global economy. That impact extends even to the gaming industry, as Greece’s attempts to avoid defaulting further on its debts may prove costly to companies like International...
NY Casino License Bidding Process Receives One Applicant
Regulators in New York State have slim pickings when they come to decide on the winner of the fourth Upstate casino license in the economically deprived Southern Tier region. Just one contender submitted a proposal for Monday’s deadline, while a rival pulled...
