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Casino.org Staff Writer

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Expert since 2018

13084 stories by Casino.org Staff Writer

FanDuel Plans to Go Public in Reverse Merger with Platinum Eagle
March 9, 2018

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...

Written by Casino.org Staff Writer
Pennsylvania Satellite Casino Bidding Stalls, No Proposals Received During Fifth Auction
March 9, 2018

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...

Written by Casino.org Staff Writer
Caesars Entertainment Credits Tax Break in Q4 Earnings Report, Las Vegas Tourism Drop in Shooting Aftermath Hurt Revenue
March 9, 2018

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...

Written by Casino.org Staff Writer
Paddy Power Goes Ballistic with Odds on Donald Trump, Kim Jong Un Nuclear De-escalation Talks
March 9, 2018

Paddy Power Goes Ballistic with Odds on Donald Trump, Kim Jong Un Nuclear De-escalation Talks

News that US President Donald Trump has agreed to meet with North Korean Supreme Leader Kim Jong Un to talk nuclear de-escalation has global pundits in a quandary. Is North Korea sincere? Is Trump walking...

Written by Casino.org Staff Writer
Resorts World New York City Female Employees Allege Casino Doing Little to Prevent Harassment and Assault
March 8, 2018

Resorts World New York City Female Employees Allege Casino Doing Little to Prevent Harassment and Assault

Resorts World New York City, the Genting-owned casino in Queens, is accused in a lawsuit of failing to protect female workers from various forms of harassment and assault. According to the New York Daily News,...

Written by Casino.org Staff Writer
New SLS Las Vegas Owner Alex Meruelo Gets Nevada Gaming Control Board Licensing Thumbs Up
March 8, 2018

New SLS Las Vegas Owner Alex Meruelo Gets Nevada Gaming Control Board Licensing Thumbs Up

The beleaguered SLS Las Vegas is getting another shot at success at long last. On Wednesday, the Nevada Gaming Control Board (NGCB) unanimously recommended the transfer of a gaming license for the North Las Vegas...

Written by Casino.org Staff Writer
Sands Bethlehem in Pennsylvania Sold to Alabama Tribe for $1.3 Billion
March 8, 2018

Sands Bethlehem in Pennsylvania Sold to Alabama Tribe for $1.3 Billion

Sands Bethlehem casino resort in Eastern Pennsylvania is set to be sold for $1.3 billion to the Poarch Band of Creek Indians of Alabama. The tribe's gaming subsidiary, Wind Creek Hospitality, is named as the...

Written by Casino.org Staff Writer
New York State Legislator John Bonacic Introduces Bill to Regulate Sports Betting
March 8, 2018

New York State Legislator John Bonacic Introduces Bill to Regulate Sports Betting

New York State has joined the list of those waiting to introduce a sports betting bill, should the Supreme Court rule in a way that overturns the Professional and Amateur Sports Protection Act (PASPA). The...

Written by Casino.org Staff Writer
Despite Ongoing Chaos, Wynn Resorts Boosting Annual Dividends, as State of Oregon Files Latest Lawsuit
March 8, 2018

Despite Ongoing Chaos, Wynn Resorts Boosting Annual Dividends, as State of Oregon Files Latest Lawsuit

Wynn Resorts will be upping its annual dividend from $2 to $3 per share over the next 12 months: that's the word from new CEO Matt Maddox. Good Year, Despite a Bad Year Via a...

Written by Casino.org Staff Writer
Carl Icahn Denies Having Steel Tariff Knowledge Before Dumping Stocks
March 8, 2018

Carl Icahn Denies Having Steel Tariff Knowledge Before Dumping Stocks

Carl Icahn, the billionaire activist-investor and owner of the Tropicana in Atlantic City, has said he had no idea President Trump planned to impose 25 percent tariffs on steel imports when he sold his $31.3...

Written by Casino.org Staff Writer