5349 stories by Casino.org Staff Writer
Party’s Over for Steve Wynn: Denied Golden Parachute, Must Vacate Wynn Resorts Suite Before Summer
In the opera known as "The Fall from Grace of Steve Wynn," the fat lady has now hit her ultimate high note. The company he founded with his ex-wife Elaine in 2002 has now gone into full shun mode against him, with...
Okada Manila and Wynn Litigation Lead to $125.4 Million Loss for Universal Entertainment Corp
Japan’s Universal Entertainment Corporation posted a net loss of $125.4 million for the first three-quarters of the financial year, somewhat short of the $141 million profit it predicted in May 2017. The company cited expenses related to the completion of Okada Manila,...
Connecticut Foxwoods and Mohegan Sun Casinos Start 2018 Sluggishly
Tribal Connecticut casinos Foxwoods and Mohegan Sun kicked off January with a less-than-amazing month, as slot revenue was down at both properties. After paying out winnings, Foxwoods kept $33.9 million from the gaming terminals, a 2.5 percent decrease compared to the same...
Atlantic City Casinos Feel the Chill for January with Gaming Revenue Drops of 10 Percent, Blizzard Blamed
Atlantic City casinos saw gross gaming revenue skid 9.9 percent in January due to a severe blizzard that blanketed parts of southern New Jersey last month with up to two feet of snow shortly after the new year arrived. With travel nearly...
Pennsylvania Mini-Casino Back in Picture for Harley-Davidson Maker Springettsbury, Previously Opted Out
In the tiny township of Springettsbury, the prospect of a Pennsylvania mini-casino, just a few months after being rejected, is getting a second look. City supervisors have pulled an about-face since nixing the possibility as recently as December. The small town only two...
No Online Poker Bill in California This Year, Tribes Turn Against Sports Betting Instead
California appears to have given up on regulating online poker, at least for 2018. Friday is the deadline for filing bills in the California legislature and thus far no champion has emerged to fight the cause. Perhaps that’s because the effort required...
George Soros Now One of Top Caesars Shareholders, Owns 4.9 Percent of Gaming Company in Bankruptcy Aftermath
Billionaire investor George Soros, through his family-controlled Soros Fund Management group, owns nearly five percent of Caesars Entertainment following the company's Chapter 11 bankruptcy reorganization last fall. According to Bloomberg, the billionaire's stake makes him one of Caesars' Top 10 shareholders, with...
GVC Ladbrokes Coral Takeover Could Cost 1,600 Jobs for Acquired Betting Company
The GVC Ladbrokes Coral acquisition of one of the oldest and biggest bookmakers in Britain may be phenomenal news for the company buying it, but it could be a brutal blow for many employees of the company being bought out. The Isle...
NCAA College Bracket Preview has Virginia, Villanova, Xavier, and Purdue No. 1 Seeds
The University of Virginia is the No. 1 ranked team and a member of the NCAA Selection Committee said they, along with Villanova, Xavier and Purdue are the current No. 1 seeds. Committee Chairman Bill Rasmussen released a preview of the top...
Jurors Hear Closing Arguments at ‘Skinny Joey’ Merlino Mob Boss Trial
It’s been a colorful week in the trial of alleged Philadelphia Mob boss "Skinny" Joey Merlino, as a jury in Manhattan heard the closing arguments on Tuesday. The celebrity gangster has spent over a decade in prison for illegal gambling, racketeering and...
