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5558 stories by Staff Writer

Japan casino Shinzo Abe IR bill

Sources: Japan Casinos Will Need to File Transaction Reports for Amounts Exceeding $9,500

Japan casinos will be required to file currency transaction reports on customers who deposit and/or withdrawal amounts exceeding ¥1 million ($9,500) in any given 24-hour period. According to government sources talking with The Japan Times, the country's largest and oldest English-language newspaper,... Staff Writer March 23, 2018
Connecticut MGM Bridgeport casino

Connecticut Tribes Want No Part in Bridgeport Casino Bidding

While the Connecticut General Assembly may well issue a request for proposals to build a casino in Bridgeport, the two Native American tribes who run casinos in the state say they have no interest in being part of such a process. Leaders... Staff Writer March 23, 2018
Louisiana casino law riverboat

Five Louisiana Casino Bills Advance, State Gambling Industry Makeover Looms

Multiple pieces of legislation that would overhaul how Louisiana casinos operate passed out of state committees this week. The two most consequential bills involve allowing the state's 15 riverboat casinos to move ashore, so long as they remain within 1,200 feet of... Staff Writer March 23, 2018
Melco Resorts stock Lawrence Ho

Melco Resorts Announces $500 Million Stock Buyback

Melco Resorts announced this week that it plans to purchase $500 million worth of its issued stock over the next three years. In a filing with the US Securities and Exchange Commission, Melco Resorts CFO Geoffrey Davis explained that the company's board... Staff Writer March 23, 2018
Penn National Pinnacle Entertainment

Two State Regulators Approve Penn National Takeover of Pinnacle Entertainment

Penn National is one step closer to completing its proposed takeover of Pinnacle Entertainment, as the gaming firm received approval from two state-level regulatory bodies for the transaction. According to a statement from Penn National on Wednesday, both the Pennsylvania Gaming Control... Staff Writer March 22, 2018
Kazuo Okada in trouble in the Philippines

Philippine Border Police Placed on Alert for Pachinko Billionaire Kazuo Okada

The Philippine Department of Justice has ordered border guards at the country’s airports and seaports to be on the lookout for billionaire Japanese gambling magnate Kazuo Okada. Tiger Resort Leisure and Entertainment (TRLE), the Universal Entertainment subsidiary that runs the Okada Manila... Staff Writer March 22, 2018
Villanova Sweet 16 NCAA

Favorites and Cinderellas Clash in NCAA Tournament Sweet 16

The Sweet 16 of the NCAA Tournament begins on Thursday night, with both traditional powerhouses and some surprising upstarts still alive in the hunt for a national championship. The first two rounds of the tournament saw numerous upsets, leaving plenty of low... Staff Writer March 22, 2018
China Travel Ban Hits South Korea Casinos

South Korea’s Foreigner-only Casinos Suffer from Chinese Travel Ban

The Chinese ban on the sale of package tours to South Korea has dented the revenues of the country’s casino sector, which is overwhelmingly foreigner only. The ban was one of several retaliatory measures adopted by the Chinese government in March 2017... Staff Writer March 22, 2018
Las Vegas Raiders stadium cost

Las Vegas Raiders Stadium Budget Finalized at $1.8 Billion

The Las Vegas Raiders football stadium will cost $1.8 billion to construct. The official price tag doesn't include a $100 million training facility. At a Las Vegas Stadium Authority (LVSA) meeting this week, the Oakland Raiders and general contractor Mortenson Construction said... Staff Writer March 22, 2018
Zlatan Ibrahimovic bails on BetHard

Man Utd Star Zlatan Ibrahimovic Pulls Out of BetHard UK Launch Over Threat of FA Sanctions

Online gambling site BetHard was forced to postpone its UK launch today (Wednesday) after it discovered its brand ambassador, soccer legend Zlatan Ibrahimovic, faced possible sanctions from English soccer's governing body for promoting the company. The Manchester United star, often referred to... Staff Writer March 21, 2018