5349 stories by Casino.org Staff Writer
Lucky Dragon Shutters Casino Floor, Asian-Themed Resort Plans ‘Repositioning’
The Lucky Dragon hasn't been spewing the hot revenue fire its investors hoped for since it opened its doors a year ago last month. In mid-December, reports surfaced that the 203-room boutique hotel and 27,500-square-foot casino floor were struggling. Yesterday, those rumors...
Schenectady Casino Revenue Coming Up Short of Expectations
The city of Schenectady is likely to face a budget deficit once the 2017 fiscal year comes to a close, due in large part to the significant shortfall in the revenue received from the casino that opened there early last year. According...
Las Vegas Raiders Stadium Targets Bali Hai Golf Club for 14,000-Space Parking Lot, But Impediments Abound
The new Las Vegas Raiders stadium, being built on 62 acres of land west of the Strip between Hacienda Avenue and Russell Road, has been fully cleared for construction, but the $1.9 billion project still needs to satisfy a 14,000-space parking lot...
Chances for Legalized Gambling in Georgia Slim, But Casinos Still Eyeing Atlanta
The odds of finally legalizing gambling in Georgia in 2018 seem to be a longshot at best, but that's not stopping hospitality and gaming interests from maintaining a presence in the Peach State. Speaking this week with The Atlanta Journal-Constitution, MGM Resorts Executive...
Russia Eases Tax Filing Requirements for Casinos in Effort to Attract New Investment
Russia no longer requires casinos to withhold taxes from gamblers who win at least R15,000 ($237). The modification is presumably an effort by the federal government to spur new gaming investment, as Russia's recently liberated commercial market remains stagnant. President Vladimir Putin...
North Florida Lawmaker Slot Machine Referendum Push Faces Long Odds
One Florida state legislator believes slot machines can be placed in one of his district's racetracks, and introduced a bill proposing such on Wednesday. Despite a state Supreme Court decision and Republican opposition, Rep. Ramon Alexander (D-District 8) wants voters to decide on...
Catholic Monsignor Who Stole Money to Cover Gambling Expenses Sentenced to Federal Prison
Catholic Monsignor William Dombrow is headed to federal prison for the next eight months for stealing $535,000 from the Philadelphia Archdiocese to predominantly cover his gambling expenses. US District Judge Gerald Pappert sentenced Dombrow yesterday in Philadelphia, but he didn't go lightly...
SportPesa Drops Team Sponsorships in Response to Kenya’s Gambling Tax Increase
Kenya’s leading betting site pulled sponsorship from the country’s sports teams after the government in Nairobi hiked gambling tax rates from 7.5 to 35 percent. SportsPesa, which has operations in Kenya and the UK, had spent $5.8 million to sponsor soccer and...
Casino Proposed at Vietnam’s Laguna Lang Co Beach Resort
Vietnam’s Ministry of Planning and Investment (MPI) has recommended to Vietnamese Prime Minister Nguyễn Xuân Phúc that permission be granted for the development of a casino at the Laguna Lăng Cô beach resort. According to a report in the Vietnam Investment Review,...
Miami Ready to Transfer Bay Site to Genting for Marina Development
Genting may have hit nothing but stumbling blocks in its efforts to build a casino in the city of Miami, but the company may finally be in position to begin developing their property, even if gambling won’t be a part of the...
