85 stories by Lucas Thomas
Penn National-Pinnacle Buyout Gets Iowa OK, But FTC Still on the Fence
On Thursday, Penn National Gaming received its 11th approval -- this time from the Iowa Racing and Gaming Commission -- to move forward with its $2.8 billion acquisition of twelve Pinnacle Entertainment properties. But the Federal Trade Commission (FTC) still hasn’t signed off on...
Landing Casino Chairman Yang Zhihui Detained in Cambodia After Going Missing
Landing International Casino Chairman Yang Zhihui -- who was earlier reported missing from the firm -- has been detained in Cambodia, according to a Beijing news source that confirmed the story with multiple sources. Caixin reported Thursday that Yang Zhihui, chairman and...
New Mexico Racetrack Licensee Hopeful Promises ‘Moving Grandstand’ for Onlookers
One man hoping to land a New Mexico racetrack license is following the advice of the iconic stripper Gypsy Rose Lee: ya gotta have a gimmick. Daniel Lee, CEO of Full House Resorts, wants to build the La Posada Del Llano resort...
Chinese Government Announces Harsher Punishment for Online Lottery Sales Just Days After Admonishing Apple Over Gambling Apps
In China -- where most gambling is illegal -- the government is taking more and more austere measures to curb the popular activity among its citizens. But online gambling in particular is proving to be the most challenging to contain for Chinese...
Sheldon Adelson and Wife Miriam Open Their Checkbooks Again for GOP Candidates as November Nears
It’s election season, which means Las Vegas Sands CEO Sheldon Adelson and his wife Miriam are cutting checks. Campaign finance data released by the Federal Election Commission (FEC) shows that each donated $12.5 million to the Senate Leadership Fund, a Super PAC...
