13085 stories by Casino.org Staff Writer
CG Technology Fined $22.5 Million for Illegal Gambling and Money Laundering Charges
CG Technology (CGT), formerly Cantor Gaming, has agreed to pay $22.5 million to US authorities to settle charges of illegal gambling and money laundering. The fine will release the bookmaker, which operates sports books in Las Vegas at the Venetian, the Palms,...
Former NBA Commissioner David Stern Changes Stance, Calls for Repeal of PASPA
Former NBA Commissioner David Stern has made a dramatic U-turn in his stance on sports betting, and says he now wants to see it federally legalized. And the man who, while opposing New Jersey’s fight for legalized sports betting in 2012, wrote...
MGM National Harbor Opening December 8 Outside Washington, DC
MGM National Harbor will officially open its doors on December 8 at 8 pm local time in Prince George County, Maryland. The $1.4 billion resort located just 10 miles from the White House comes with a 24-story luxury hotel featuring 308 guestrooms....
Venetian and Palazzo Casinos Accused of Aiding in Money Laundering Scheme
The Venetian and The Palazzo resorts are being accused in a Clark County lawsuit of knowingly assisting money laundering, and allowing "shrills" to take out millions of dollars in credit. Xiufei Yang, 59, and Meie Sun, 52, owe the two Las Vegas...
Was a Cuban Casino on Donald Trump’s Mind in 1998?
Donald Trump has denied a report from Newsweek claiming that a Cuban casino was being considered by the Republican Party presidential candidate in the late 1990s. The report implied that the billionaire's company violated the United States embargo against Cuba back in 1998,...
Amazon’s TwitchTV to Launch In-Game Currency for Esports Betting
TwitchTV, the online video-game streaming platform owned by Amazon, will launch its own virtual currency, to be known as Stream+. The announcement came at the annual TwitchCon conference in San Diego on Thursday, and while details are scarce on exactly how the...
Pennsylvania Local Casino Tax Violates State Law, High Court Says
Casino tax laws in Pennsylvania mandate that venues share at least $10 million in slot revenue each year with their local municipalities. The Pennsylvania Supreme Court ruled that directive unconstitutional this week. The Mount Airy Casino Resort in the Poconos brought the...
DraftKings Investigating Collusion Claims Over Winning Brothers’ Score
DraftKings has said it is investigating the allegations of collusion surrounding one of the winners of its flagship Fantasy Football Millionaire contest over the weekend. A player with the screenname “papagates” shared the $1 million first prize after scoring joint-best of 257,000 players...
Boyd Gaming Completes $380 Million Purchase of Aliante Casino Hotel
Boyd Gaming, the Las Vegas casino and hospitality company, has completed its $380 million acquisition of the Aliante Casino and Hotel in North Las Vegas. Boyd is back on the offensive after selling off its 50 percent stake in the Borgata Hotel...
Deutsche Bank Plummets, Then Rebounds, as Major Station Casinos Shareholder Causes Market Turmoil
Deutsche Bank is causing more thrills and chills in the global stock markets than Brexit and the impending US elections combined. The Station casinos major shareholder rebounded early Friday, closing up six percent, following two key announcements: one from CEO John Cryan,...
