3662 stories by Philip Conneller
Empire Resorts Shareholders Vote for Genting Deal Over Bankruptcy, Resorts World Catskills to Go Private
Minority shareholders in Resorts World Catskills parent Empire Resorts have voted to reject bankruptcy protection. They will now approve a deal that will see casino mogul K.T. Lim and casino giant Genting Malaysia assume full control of the company, taking it private....
Drug Wars: Las Vegas Casino Exec Turned Legal Marijuana Dealer Sues Competitor for Slander
A successful player in Nevada’s legal marijuana market, who was once a Tropicana executive, alleges he has been slandered by a competitor in a lawsuit recently filed in the Clark County District Court. Armen Yemenidjian, formerly VP of casino marketing & operations...
Who Owns The Las Vegas Review-Journal? Not Sheldon Adelson, Says Lawyer
Sheldon Adelson does not own the Las Vegas Review-Journal, according to the newspaper’s lawyer, Randall Jones, The Las Vegas Sun reports. This is despite the paper printing a disclaimer stating “The Review-Journal is owned by the family of Las Vegas Sands Corp....
Conor McGregor Flamed for Appearing in Oddball Sports Betting Ad
Conor McGregor has been widely mocked on social media for starring in an eyeball-stretching TV spot for a sports betting company that falls squarely into the “so bad it’s awful” category. The ad, for operator Parimatch, depicts the troubled mixed martial arts...
Kenya Court Ruling Could Ignite Ousted Betting Industry Comeback
A court ruling in Kenya could provide a route back into the market for Sportpesa -- formerly the East African country’s biggest sports betting operator -- and others frozen out of the market. The Kenyan betting industry has been engaged in a...
Grand Theft Auto Online Casino Boosts Player Spending by 24 Percent
It was a long wait for the devoted players of Grand Theft Auto Online (GTA), but the game’s casino, the Diamond Casino & Resort, is proving to be a big hit with the virtual denizens of San Andreas. Take-Two Interactive, parent of...
China Digital Currency ‘DCEP’ Will Help Fight Online Gambling, Says People’s Bank
China’s proposed digital currency – working title “Digital Currency Electronic Payment (DCEP)” -- is not about control, a state banking official said this week. But he claimed it will help to more effectively monitor money-laundering, tax evasion, terrorist financing, online gambling and...
GVC Boss Kenny Alexander Pans Plan for £2 Online Slots, Hits Back at Pols Over ‘Coward’ Claim
GVC CEO Kenny Alexander has slammed a report by influential British lawmakers that calls for the maximum stakes for online slots to be slashed to £2 ($2.58).as “ridiculous.” The recommendations came last week from an all-party parliamentary group (APPG) that has spent...
Rivers Casino Des Plaines Gets License to Expand Onto Dry Land
It’s land ho! for Illinois’ most lucrative casino. The Rivers Casino in Des Plaines, north of Chicago, has been sitting in a pit on top of several inches of water in order to satisfy state “riverboat” regulations ever since it launched in...
Moron’s $14 Million Gambling Habit Wipes Out One of Philippines’ Oldest Brokerage Firms
The Philippine securities regulator has instigated an investigation into how a settlements clerk with a gambling problem singlehandedly caused the collapse of one of the country’s oldest brokerage firms. The employee of R&L investments -- who has been named in some news...
