13085 stories by Casino.org Staff Writer
Boyd Gaming Completes Cannery Acquisition
Boyd Gaming finalized its takeover of Cannery Casinos on Tuesday, bolstering its already powerful hold on the high-performing Vegas locals market. The company announced it had sealed a $230 million deal to purchase the chain back in June, and this week added...
Sheldon Adelson Won’t Pay $10 Million Pennsylvania Fee Unless Required
Sheldon Adelson isn't in the giving spirit this holiday season. The Las Vegas Sands billionaire's resort in Bethlehem, Pennsylvania, will not pay a $10 million local share tax to the casino's host city after the state's Supreme Court deemed the requirement unconstitutional....
For Sale: Trump Taj Mahal, as Carl Icahn Looks to Sell President-Elect’s Former Property
UPDATE: December 21, 2016: Carl Icahn is reportedly under consideration for an unofficial, unpaid side gig with the Trump administration: that of a regulatory adviser. As a fellow billionaire and real estate and casino tycoon of many decades, Icahn would fit in...
Golfer John Daly Threw $55,000 in Gambling Winnings Off Bridge
Golfer John Daly is known to like a wager or two but did you know he once threw $55,000 in gambling winnings off a bridge? Talk about throwing your money around: it seems Daly ejected the aforementioned sum through the window of...
Casino Industry Waiting Patiently for Its Trump Meeting
The US casino industry, which is largely based in Nevada and Las Vegas, is predominantly happy save for a Jim Murren or two that President-elect Donald Trump is soon on his way to Washington, DC. Having one of their own occupying the...
Caesars’ Lenders Threaten to Terminate Restructuring Deal
More trouble for Caesars’ $18 billion bankruptcy restructuring plan this week, as a committee of bank lenders have threatened to pull their support, potentially plunging the entire process into disarray. According to a note filed on Monday by Caesars to the Securities...
David Baazov Pulls the Plug on Amaya Offer, Deal Now Off the Table
It's an undone deal for David Baazov. The ex-Amaya CEO announced Tuesday that he has ditched his bid to buy Amaya, the parent of PokerStars and Full Tilt. A press release issued by Baazov revealed that negotiations between both parties had broken...
New Jersey Casino Bill Would Prevent Closed Properties from Reopening Without Honoring Existing Labor Agreements
The anti-Carl Icahn casino bill introduced in New Jersey by State Senate President Stephen Sweeney (D-District 3) has received the Legislature's blessing and is now on its way to Governor Chris Christie's (R) desk. Senate Bill 2575 bans casino owners from closing...
Mafia Grandfathers Busted on Online Gambling Charges
A group of ageing Genovese Mafia fossils were indicted in New York on Thursday on charges related to the operation of 4spades.org online sportsbook, as well as loan sharking and bootlegging. Among the 13 arrested as a result of a long-running investigation,...
Tribal Online Gaming Violates Federal Law, US District Court Judge Rules
Tribal online gaming launched in California by the Iipay Nation of Santa Ysabel is in direct violation of federal law according to US Southern District of California Judge Anthony Battaglia. Last week, the district judge ruled that Iipay Nation, the Santa Ysabel...
