2587 stories by Ed Silverstein
Chicago Man Held on Nearly $1M Bail for Allegedly Invoking Allah While Threatening Aurora, Illinois Casino
A Chicago man who told police he wanted to “take over” and “destroy all casinos” remained in custody in Kane County on nearly a million dollar bail that was set for charges of "felony disorderly conduct" on Friday in connection with alleged...
Melco Subsidiary Faces Delisting from Philippine Stock Exchange Unless It Significantly Ups Number of Public Shareholders
Melco Resorts and Entertainment (Philippines) Corporation has less than a month to increase the amount of its stock owned by the public -- or it will be delisted from the Philippine Stock Exchange (PSE). The exchange released a memo on Tuesday warning...
Pittsburgh’s Rivers Casino Fined $90,000 for Underage Gambling a Month After Bethlehem Pennsylvania Penalties
The operator of Rivers Casino Pittsburgh is going to pay $90,000 in fines following allegations underage patrons seven times wagered on the venue's gaming floor. The Pennsylvania Gaming Control Board (PGCB) assessed the fine on Wednesday against Holdings Acquisitions, Co. Each of...
Philippines Casinos Predicted To Earn More Than Macau Gaming Operators, Financial Firm Says
The Philippines is seeing “faster” growth in casino gambling than such well-known gaming destinations as Macau or Las Vegas, a new analysis predicts. It is welcome news for Philippines President Rodrigo Duterte who increasingly supports gaming. In a note to investors, Morgan...
Wisconsin’s St. Croix Chippewa Tribe Asked to Pay $5.5M in Fines Even Though Purportedly in ‘Financial Crisis’
The St. Croix Chippewa Indians of Wisconsin are now facing $5.5 million in fines after a detailed review by the National Indian Gaming Commission (NIGC) into alleged improper spending of casino revenue. The proposed penalties from the national tribal regulator were announced...
Philippines Leader Rodrigo Duterte Announces Hands-Off Policy on Many Forms of Gambling Just Before National Election
Philippines President Rodrigo Duterte has admitted he can no longer “control” gambling in the Southeast Asian nation and it looks like he will let individuals decide for themselves about taking part in popular forms of gaming. “I cannot stop it anyway and...
Rhode Island Sports Betting Projections Cut in Half for Next Financial Year as Additional Threats Loom
Rhode Island is facing a harsh reality that sports betting in the next fiscal year may likely only bring in half of the money that had been predicted. In a new report, consulting firm Christiansen Capital Advisors warned the state’s Department of...
China Online Gambling Operation with Ties to Philippines Leads to Seven Arrests
Police broke up a $312 million gambling ring recently working out of China’s Anhui Province that was associated with a sports betting website based in the Philippines. Approximately 10,000 people signed up or used the gaming site since 2016, according to Xinhua...
Martha’s Vineyard Tribal Gambling Hall Delayed by Disputed Electrical Permit, New Court Proceedings
A planned bingo venue on Massachusetts’ Martha’s Vineyard is once again the subject of court battles with new charges also being exchanged about the town of Aquinnah denying an electrical permit to the Wampanoag Tribe of Gay Head. A hearing over the...
New Cotai, Key Investor in Macau’s Studio City, Files for US Bankruptcy Protection
Executives at Macau’s Studio City Resort Casino are confident in the future of the venue and its planned expansion despite news that one of its top investors has filed for bankruptcy protection. New Cotai Holdings has asked the Bankruptcy Court for the...
