3753 stories by Philip Conneller
The $12B Breach of Contract Claim Against LVS is Overblown, Court Hears
A Taiwanese businessman’s US$12 billion breach of contract claim against LVS Corp is “exaggerated,” according to Sands China CFO Sun MinQi. As reported by GGRAsia, Sun told a Macau courtroom Friday the figure had been arrived at by faulty accounting, and did...
Marriott International Bails on Beleaguered Fontainebleau Project
Hotel giant Marriott International announced Thursday it had pulled out of the Las Vegas Strip project formerly known as the Fontainebleau and later The Drew Las Vegas. The Bethesda, Maryland-based group said it had “reached an amicable settlement” with current owner Fontainebleau...
Augustine Cahuilla Tribe Sues California Over ‘Excessive’ Gaming Compact Demands
One of California’s smallest Native American tribes is suing the state and its governor, Gavin Newsom, in a federal court. It accuses state negotiators of overreach during protracted compact talks. Consisting of only 16 members, the Augustine Band of Cahuilla Indians (ABCI)...
Florida Cardroom Seminole Sports Betting Lawsuit Should Be Tossed, Says Interior Dept.
The US Department of the Interior (DOI) has asked a federal judge in Washington, D.C. to dismiss a lawsuit brought by two Florida card rooms. The suit seeks to halt the rollout of sports betting in the state. Wagering on sports becomes...
Internet Star Dan Bilzerian Sets $100M Heads-Up Poker Match Versus Billionaire
Instagram personality and poker player Dan Bilzerian says he has stumped his half of $100 million and is ready to play in what would be the biggest Heads-up poker game of all time. Speaking to Logan Paul’s Impaulsive podcast on Tuesday, Bilzerian...
‘Diamond Enterprise’ New York Crime Boss Pleads Guilty to Illegal Gambling, Racketeering
The head of a New York racketeering gang known as “the Diamond Enterprise” pleaded guilty Thursday in a federal court to a litany of charges. Prosecutors say the group ran a network of illegal gambling parlors in Brooklyn. Abduraman “Diamond” Iseni admitted...
UK Regulators Launch Probe into NFT-Powered ‘Fantasy Sports’ Platform Sorare
UK gambling regulators have said they are investigating fantasy soccer platform Sorare. The French startup recently became the darling of the red-hot NFT market with a $680 million cash injection led by SoftBank. Sorare enables users to trade soccer-player cards using NFTs...
Star Entertainment Exec Linked to Alleged $245M Corporate Fraud Fugitive
Star Sydney’s senior vice president of VIP gaming was cozy with an alleged corporate fraudster who is now a fugitive from Australian justice, according to The Sydney Morning Herald. The Herald reports that Star’s Mark Walker “maintained a secret and longstanding relationship”...
DraftKings Hit by Lawsuit Alleging ‘Unjust Enrichment’ in SBTech Deal
A lawsuit filed Friday in a New York federal court accuses several DraftKings directors of breach of fiduciary duty and unjust enrichment. The 103-page complaint brought by shareholder Jiahan Yu alleges the defendants caused the company to engage in “illicit operations,” thereby...
Connecticut to Soft-Launch Online Sports Betting, Casino Gaming Tuesday
It’s been years in the making. But Connecticut will roll out limited online sports betting and casino gaming Tuesday from 3 pm. The launch marks the latest phase in the state’s biggest expansion of gambling since its casinos, Mohegan Sun and Foxwoods,...
