13085 stories by Casino.org Staff Writer
March Madness Opening Rounds Slam Dunk for Las Vegas Sportsbooks
March Madness made plenty of sports bettors go crazy during the opening rounds of the NCAA tournament. Numerous highly wagered upsets went in favor of the house, as the 68-team bracket was dwindled down to 16. The biggest upset was #16 UMBC defeating...
UKGC calls for £30 Stake-Limit on FOBTs
Shares in the UK’s biggest betting companies rose on the back of a report by the UK Gambling Commission recommending maximum stakes on fixed-odds betting terminal (FOBT) roulette should be cut to “£30 or less,” ($42) rather than £2 ($2.80). The industry...
Macau Businessman Says Locals Should Be Able to Bid for Casino Licenses
Macau’s casino industry may be booming, but the license that operators own that allow them to run casinos are up for renewal in the next few years. And while it has generally been believed that most or all of these new concessions...
Tiger Woods Says ‘Gamble-oholics’ Make Him Las Vegas Masters Favorite
Tiger Woods now has the shortest line of any golfer to win the 2018 Masters. The Westgate SuperBook has the 14-time major winner at 8/1 to don his fifth green jacket early next month in Augusta, Georgia. The game's #1 and #2...
New Russian Online Gambling Regulations Cause Stars Group Concern, Projected Growth a Mixed Bag
The Stars Group pointed to Russia as a potentially troublesome market for 2018 as part of the company’s 2017 earnings report. The report included guidance on what the online gambling giant, formerly known as Amaya, is expecting in terms of earnings for 2018....
MGM Springfield: More Table Games, Fewer Slot Machines Add Up to Millennial Marketing Push
The new MGM Springfield in Massachusetts hopes to attract millennials to its $960 million integrated casino resort by offering innovative table games for the ever-elusive 20 and 30-something demographic. Appearing before the Massachusetts Gaming Commission (MGC) in Boston to provide a construction...
‘Sin City Justice’ DA Steve Wolfson Quizzed Over Hushed Up Embezzlement
Clark County DA Steve Wolfson has been forced to defend to the Las Vegas Review-Journal this week his decision not to prosecute a gambling-addicted employee for embezzling $42,000 from his 2014 campaign fund. Sleuthing by LVRJ reporters has revealed that Nevada’s top prosecutor...
BC Casinos Would Lose $88 Million Per Year from High Stakes Transaction Ban
A proposal to restrict table game “buy-ins” at British Columbia casinos to no more than CA$10,000 ($7,650) would cost the sector up to CA$88 million ($67 million) per year, according to a confidential BC Lottery Corp report, made public on Thursday by...
Stratosphere Undergoing $140 Million Renovation, Analysts Bullish on Golden Entertainment
Renovations at the Stratosphere will soon commence, as new owner Golden Entertainment announced this week during an earnings call that it's going to spend $140 million over three years to refresh the Las Vegas hotel and casino. Golden Entertainment completed its acquisition...
Financial Regulator Probes Ladbrokes and William Hill Over ‘False Market’ Claims
The UK’s financial regulator is examining a complaint by The Campaign for Fairer Gambling (CFG) which claims Ladbrokes and William Hill have create a “false market” through their pronouncements on proposed gambling reforms, the Financial Times reports. The anti-gambling pressure group believes...
