7892 stories by Devin O'Connor
Kazuo Okada Addresses Okada Manila Staff, Ousted Ownership Files Lawsuit
Kazuo Okada, 79, was ousted from control of his namesake casino resort in the Philippines in 2017. Now, it's the Japanese billionaire who is doing the ousting. Okada led a forcible takeover of the $2.4 billion Okada Manila casino last week. Armed...
Phil Mickelson Comes Clean About Excessive Gambling, Admits Addiction
Phil Mickelson has earned nearly $95 million on the course during his World Golf Hall of Fame career and an estimated $700 million more from endorsements. But the 45-time PGA Tour winner admits gambling has taken a toll on his fiscal health....
Universal Entertainment Accuses Philippines of Taking Sides in Okada Manila Dispute
Universal Entertainment Corporation, which owns and operates Okada Manila through its subsidiary Tiger Resort, Leisure & Entertainment (TRLEI), says government officials in the Philippines have wrongly picked sides in its "intra-corporate dispute." Last week, a raid led by Japanese billionaire Kazuo Okada...
Atlantic City Casino Taxes Donated to Jewish Causes, Truck School
Atlantic City casinos by law are required to direct 1.25% of their gross gaming revenue to the New Jersey Casino Reinvestment Development Authority (CRDA). The CRDA is to use the gaming money to help fund projects and events that act "as a...
Chris Rock Inducted into Mohegan Sun Walk of Fame at Connecticut Casino
Chris Rock is the newest member of the Mohegan Sun Walk of Fame. Prior to Rock's sold-out show at the Mohegan Sun Arena on June 4, the Connecticut tribal casino resort inducted the 57-year-old comedian into its Walk of Fame. The Grammy...
Steve Wynn Sells Las Vegas Mansion on ‘Billionaire’s Row’ at Deep Discount
Steve Wynn exited the Las Vegas gaming industry in early 2018 by selling off his entire stake in Wynn Resorts for $2.2 billion. The divesture rendered the billionaire landless on the Strip, but only now is the 80-year-old doing away with his...
Circus Circus Refresh to Return Las Vegas Strip Casino to ‘Glory Days’
Circus Circus Las Vegas has been under a property refresh since early 2020 after the Las Vegas Strip casino resort was sold to billionaire Phil Ruffin for $825 million. The pandemic's supply chain interruptions, however, have greatly prolonged Ruffin's roughly $30 million...
Cedar Rapids Mayor Tiffany O’Donnell Asks Iowa Governor to Veto Casino Moratorium
Cedar Rapids has been seeking a casino property to help jump-start the city's economy for nearly a decade. A recent bill passed by the Iowa Legislature would delay such a gaming initiative for at least another two years. The Iowa Legislature approved...
Casino Hiring Spree Continues Nationwide, Resorts Offering Bonuses, Perks
Casino workers might presently have the upper hand with employers, as a nationwide labor shortage continues to render gaming properties in need of help. As such, casinos are offering steep sign-on bonuses and an array of perks in an effort to lure...
Richmond Mulling Legal Recourse After Lawmakers Vote to Block Casino Referendum
Richmond officials in the Virginia capital are threatening legal action against the state. That's after lawmakers passed their 2022-2024 biennium budget with a provision blocking Richmond from re-asking city residents to support a casino development. On Wednesday, the Virginia General Assembly signed...
