13085 stories by Casino.org Staff Writer
Arizona Tribal Gaming Bounces Back, Encouraging Casino Expansion Interests
Tribal gambling will have provided Arizona a financial benefit of more than $26 million in the second quarter of 2017, an increase of 4.8 percent compared to the same period a year ago. The Arizona Department of Gaming issued its revenue report...
AGA Seeks Clarity from Feds on Handling Marijuana Money in Casinos
With marijuana now flying off the shelves at Nevada dispensaries, the American Gaming Association is seeking clarity from federal authorities on how casinos should handle a new influx of cannabis-derived cash. AGA president and CEO Geoff Freeman sent a letter last week...
IGT Q2 Losses Mostly Due to Poor Exchange Rates with Italian Lotto and Double Down Sale
Despite a second quarter loss and a decline in revenue from the same period last year, International Game Technology Plc. (IGT) beat Wall Street projections. The loss of $252.2 million on revenue of $1.22 billion was compared to earnings of $82.9 million...
Atlantic City Casinos Settle Tax Disputes With New Jersey, State Saves Millions
New Jersey Governor Chris Christie (R) says long-disputed tax agreements have finally been reached with Atlantic City resort casinos Bally's, Caesars, Harrah's, and Golden Nugget. Billionaire Carl Icahn's three properties, the Tropicana, former Trump Taj Mahal and Trump Plaza, have also settled...
AGA Introduces New Responsible Gaming Standards for Digital Age
The American Gaming Association kicked off the 20th annual Responsible Gaming Education Week by speaking a new code of conduct for the casino industry. The AGA called on industry leaders to pledge their commitment to consumer protection, transparency, and employee training in our emergent...
South Korea’s Paradise City Casino Falling Short of Utopian Projections
Nirvana has not been reached at the Paradise Casino in South Korea, as customer traffic forecasts are not being met at the new $1.12 billion resort that opened in April. The “foreigners-only” property in Incheon has so far welcomed 310,000 people in...
William Hill’s Profits Slump on Shift from Retail to Digital Betting
Sports betting stalwart William Hill has seen a steep decline in profits for the first half of 2017, according to its latest financial reports. The company cites unfortunate soccer results and a decline in land-based betting as primary causes, but also looks...
Japan Embarking on Countrywide Tour to Explain Casino Policies, Gain Public Support
The future of the Japanese casino industry will be the topic at nine public hearings later this month, with the goal of presenting the framework for the country's proposed integrated resorts (IR), and gathering feedback on policies. With 44 percent of Japan's...
Neymar Transfer to Paris Saint-Germain Kicks Sportsbooks Where It Hurts
Neymar has been granted permission by Barcelona to leave the club and transfer to Paris Saint-Germain, but only if his targeted team agrees to pay his €222 million ($262.5 million) buyout clause. And while that price seems absolutely insane considering it's only...
New Jersey Hopeful for Online Poker Liquidity-Sharing With Nevada and Pennsylvania but Not UK
The New Jersey Division of Gaming Enforcement said this week it had reopened talks with Nevada about online poker liquidity sharing and that it’s also eager to pool its players with Pennsylvania if that state opts to regulate online gaming, as expected....
