13085 stories by Casino.org Staff Writer
Mafia-Backed Casinos Tried to Kill Me, Claims Edward O Thorp, the Father of Card-counting
Edward O Thorp, the 84-year-old inventor of card-counting, was once the target of a suspected Mob hit. The revelation comes in Thorp’s new autobiography, A Man for All Markets, published this week. In 1964, Thorp believes that Mafia-connected owners of the Dunes...
DOJ Accuses Western Union of Anti-Money Laundering Violations, $586M Fine Tendered
Western Union will pay US federal authorities $586 million for anti-money laundering (AML) violations, the largest forfeiture ever imposed on a money services business by the Department of Justice (DOJ). The wire service company’s transgressions ranged from facilitating illegal Costa Rica-based sports...
Donald Trump Inauguration Speech Not a Big Pay Day for Online Gamblers
President Donald Trump's inauguration speech last Friday delivered plenty of fist-pumping excitement to those who voted for him, but for gamblers who took odds on precisely what he would say, the address didn't deliver much in the way of profits. The entire...
Casinos Push Towards Millennials by Booking Hipper Concert Acts
Move over Cher and Celine. Casinos are chasing the millennial, and in order to get them inside their doors, numerous gambling venues are booking concert acts that appeal to the 20 and 30-somethings. From bringing in the Impractical Jokers, stars of the...
Tennis Players Attacked on Social Media by Angry Fans Allegedly Gambling on Matches
Multiple tennis players are speaking out against social media attacks levied by persons who are allegedly gambling on matches and frustrated from losing. Over the past year, numerous tennis stars, the majority of which are women, have revealed threatening messages they've received...
Atlantic City Reinvestment Authority Focuses on Casinos Over Urban Development
The Atlantic City reinvestment board responsible for overseeing the city's revitalization has spent a considerable amount of its budget on funding projects that benefit the resort town's casinos. The Casino Reinvestment Development Authority (CRDA) is a state-run organization that gained additional power...
LVS to Pay DOJ $7 Million to End Investigation into Payments in China
Sheldon Adelson’s Las Vegas Sands will pay almost $7 million to resolve a Department of Justice investigation into federal anti-bribery law violations in China and Macau. It is illegal, under the US Foreign Corrupt Practices Act, for companies and their executives to...
Florida Gambling Bill Sponsor, State Senator Bill Galvano, Denies Conflict of Interest
Florida State Senator Bill Galvano (R-Bradenton), sponsor of the state’s new comprehensive gambling expansion bill, is under fire over failing to declare a possible conflict of interest. The Associated Press reported Thursday that Galvano recently worked for luxury real-estate company Turnberry Associates,...
As Macau Recovers, Hong Kong’s Casino Investors Pinnacle on Forbes Asia’s “Richest” Rankings
Nothing says you've made it like hitting any Forbes "Richest" list. And now Hong Kong casino investors and owners are showing up on the Asian edition of that iconic list, thanks to a stabilization of Macau's gaming outlook and optimism about planned...
FanDuel to Offer Golf, Despite Legal Question Mark
FanDuel is to add golf to its DFS menu even though it may be testing the boundaries of legality in the US. The company has been hesitant to offer contests based on golf in the past due to uncertainty in the law....
