5349 stories by Casino.org Staff Writer
March Madness Odds Favor Virginia and Villanova, 24 Million People Expected to Fill Out Brackets
The 68-team bracket is set, but March Madness odds show that bettors believe only a handful of teams have a realistic shot at scoring the men's basketball NCAA national championship. Virginia and Villanova are the two heavy favorites, and Las Vegas oddsmakers...
The 13 Macau Owner Changing Name to South Shore Holdings, Hotel Targets April Opening
The 13 Macau casino saga continues. In a notice filed this week with the Hong Kong Stock Exchange, the parent company to the project says it's renaming its investment firm South Shore Holdings Ltd. Located south of the Cotai Strip in Macau's...
GVC Gets Shareholder Approval for Takeover of Ladbrokes Coral
GVC Holdings received nearly unanimous approval from its shareholders to proceed with a planned takeover of bookmaker Ladbrokes Coral, a transaction that will create one of the world’s largest gaming entities. GVC first announced its intention to add Ladbrokes Coral to the...
Paddy Power Betfair Accuses Betting Industry of FOBT Scare Tactics
Peter Jackson, the newly appointed CEO of Paddy Power Betfair, has suggested the rest of the betting industry is employing “scare stories” over the impact of impending FOBT regulations on the retail betting sector. “The FOBT issue needs to be dealt with,”...
Lawsuit Claims Prescription Drug Abilify Caused Compulsive Gambling
Five individuals in Nevada are suing companies that manufacture and distribute the prescription drug Abilify, saying that the labeling on the medication didn’t adequately warn users that it could cause compulsive behaviors such as gambling. A complaint filed in Washoe County District...
MGM Resorts Cannot Intervene in Connecticut Tribal Casino Decision: Department of Interior Weighs In
MGM Resorts is a commercial casino operator, and thus has no legal grounds to weigh in on Connecticut tribal gaming matters: that's the view of the Department of the Interior (DOI). In filings submitted to the US District Court in Washington, DC, this week,...
Nevada Black Book Might Receive First New Member Since 2015
The Nevada Black Book could get its first new member in nearly three years by way of a two-time convicted felon who has a hankering for ripping off elderly women inside casinos. On Thursday, the Nevada Gaming Control Board (NGCB) unanimously approved...
FanDuel Plans to Go Public in Reverse Merger with Platinum Eagle
FanDuel is in advanced talks to go public through a reverse merger with special purpose acquisition company (SPAC) Platinum Eagle Acquisition Corp, according to multiple sources with knowledge of the situation who spoke to financial news website Axios this week. SPACs are...
Pennsylvania Satellite Casino Bidding Stalls, No Proposals Received During Fifth Auction
No satellite casino bids were presented at the Pennsylvania Gaming Control Board's (PGCB) Friday auction. Postponed from Wednesday due to a snowstorm, the state's six qualified remaining bidders opted against submitting proposals for the gaming facilities that are permitted to house up...
Caesars Entertainment Credits Tax Break in Q4 Earnings Report, Las Vegas Tourism Drop in Shooting Aftermath Hurt Revenue
Caesars Entertainment reported $1.9 billion in fourth quarter net revenue, lower than the $2.01 billion predicted by many financial analysts. Despite the revenue shortfall, Caesars CEO Mark Frissora and company officers presented a rosy outlook for 2018 during Wednesday's call with shareholders....
