5349 stories by Casino.org Staff Writer
Fight Continues Over Caesars Debt Restructuring
Caesars Entertainment announced late last week that it had enough support from creditors to engage in a restructuring plan for its $18.4 billion in debt, but some junior creditors are still working to block that effort, highlighting a schism between the company...
Tough Times for Macau Casino Owners As They Lose Billions
Lawrence Ho was among many Hong Kong billionaires to lose big on casinos in 2014, though he's still optimistic about Macau rebounding in the next year. (Image: Thomas Lee/Bloomberg)Macau's casinos had a rough second half of 2014, and there's no immediate end...
Card Counter Ross Miller Sues Caesars for Illegal Detainment
A card counter from New Jersey is suing Caesars Entertainment Corp after he says he was ill-treated by staff at Planet Hollywood in Las Vegas. Ross Miller claims he was illegally detained after staff at the Caesars property spotted him counting cards...
Cepheus Poker Bot Can Play Heads Up Texas Holdem and Win Every Time, Say Inventors
Cepheus, a computer program created by the Computer Science Department at the University of Alberta in Canada, has “solved” hold’em poker, its makers claim. Or at least, the heads-up fixed limit variation thereof. And like all the best poker players, Cepheus is...
Atlantic Club Purchased as Possible Senior Housing Project
The Atlantic Club, the first of four casinos to close in Atlantic City during 2014, may have finally found a long-term buyer for its shuttered property. According to recently filed property records, a Pennsylvania real estate company affiliated with the Endeavor Property...
Paul Phua Didn’t Help Us, Says Malaysian Opposition Leader
The Paul Phua World Cup sports betting trial soap opera took on a new twist this week, as the Malaysian government demanded that a letter written to the FBI by a member of its cabinet, and later submitted as a court document...
German Online Casino Player Prosecuted for Playing Gray Markets in Landmark Case
A German online casino player has been prosecuted and fined by a court in Munich, Germany for persistently playing online blackjack on an unnamed offshore site. The 25-year-old painter-decorator was ordered to pay a fine of €2,100 ($2,489) and had winnings of...
Glenn Straub Revel Sale On Again or Off Again, as Casino Can’t Even Find Love in Bankruptcy
The Revel casino in Atlantic City will now be sold to Florida investor Glenn Straub, provided someone can actually force him to take control of the property. A bankruptcy judge in Camden, New Jersey approved the $95.4 million sale to Straub, rejecting...
Boston Suing Gaming Commission Over Everett Casino
The city of Boston has filed a lawsuit against the Massachusetts Gaming Commission in the hopes of scuttling the proposed Wynn Resorts casino in Everett. The suit, which makes several claims against the state gaming commission, was filed in Suffolk Superior Court...
GTECH Wins Rights To Mexican Lottery Deal
Lottery supplier GTECH has entered into a six-year deal to provide lottery products in conjunction with partner Pronósticos para la Asistencia Pública, the main online lottery operator in Mexico. The deal will see GTECH provide a number of instant ticket and draw-based games...
