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5349 stories by Casino.org Staff Writer

National Money Laundering Risk Assessment report, casinos

Treasury Report Highlights Casino Money Laundering Risk

The US Department of Treasury has published its annual National Money Laundering Risk Assessment report, a 100-page document focusing on the threat that money laundering may pose to the US financial system. This year, casinos get a whole chapter to themselves, which...

Casino.org Staff Writer June 18, 2015
Breon Corcoran Betfair CEO

Betfair Profits High Despite New UK Tax Hit

Global betting exchange Betfair has reported that its robust increase in revenue over the last fiscal year has been driven largely by accelerated investments in marketing and mobile sports betting, which now accounts for around 70 percent of all sports betting turnover....

Casino.org Staff Writer June 18, 2015
Pennsylvania online gambling Senate hearing

Pennsylvania Senate Committee Talks Online Gambling

The Pennsylvania Senate heard another round of discussion about the possibility of online gambling in the state on Wednesday, as a committee heard information on the multiple proposals to regulate the industry that are currently sitting in the state legislature. The hearing,...

Casino.org Staff Writer June 18, 2015
Betting jobs, online gambling salary survey

Salary Study Reveals The Changing Shape Of The Online Gambling Industry

As the online gambling industry evolves it is looking further afield in order to lure in the top creative talent, especially in the tech departments, according to salary research from by recruitment firm BettingJobs. The study, which looks at eight key gaming...

Casino.org Staff Writer June 17, 2015
Caesars Entertainment lawsuit UMB Bank

Caesars Battling $6 Billion Lawsuit From First-Lien Creditors

Caesars Entertainment Corp (CEC) has been hit by a $6.3 billion lawsuit that is seeking to recover the outstanding amount, including both principal and interest on first-lien notes that were issued by Caesars Entertainment Operating Company (CEOC). The suit was brought by...

Casino.org Staff Writer June 17, 2015
Paris, casino reforms

Paris Rejects “Vegas-style” Casino For “London-style” Gambling Clubs

The French government has had it with the traditional cercles de jeux but Vegas is not the Parisian mayor’s “cup of tea,” apparently. That means Paris is likely to reject the idea of a large Vegas-style casino in favor of small and...

Casino.org Staff Writer June 16, 2015
Kirk Kerkorian Las Vegas mogul dead

MGM Mogul Kirk Kerkorian Dead at 98, Founding Father of Modern Las Vegas

Kirk Kerkorian, the father of the modern Las Vegas mega-resort and the man who bought and sold MGM numerous times over, has died at his home in Beverley Hills at the age of 98. As well as being one of the key...

Casino.org Staff Writer June 16, 2015
Donald Trump GOP nomination Republican president 2016

Donald Trump Jumps Into GOP Presidential Race With No Excuses For Being a Money Man

Donald Trump has never  shied away from a chance to go on camera and say what he thinks, be it politically correct or otherwise. So it should surprise no one that his announcement that he's joining the dozen plus Republican presidential candidates...

Casino.org Staff Writer June 16, 2015
Jeb Bush 2016 President candidate

Jeb Bush Latest GOP Candidate to Enter Republican Presidential Race

Jeb Bush joined the ever-expanding crowd of Republican candidates in the 2016 presidential election on Monday, with an announcement at Miami-Dade College in the afternoon. But unlike many of the more than a dozen candidates in the GOP field, Bush will be...

Casino.org Staff Writer June 15, 2015
Carl Icahn Taj Mahal Atlantic City union conflict

Carl Icahn Awarded Trump Taj Mahal as Battle with Union Continues

Billionaire Carl Icahn has acquired the Trump Taj Mahal, exchanging $292 million he's owed for complete ownership of the casino in a deal that was approved by the New Jersey Casino Control Commission this week. Icahn says he will invest another $100...

Casino.org Staff Writer June 14, 2015