3973 stories by Philip Conneller
Chicago Casino Proposal Unprofitable, Uninvestable, Says Feasibility Study
Chicago’s first casino would struggle to make money because it would be the most highly taxed gaming operation in America, according to a feasibility study released Tuesday by the Illinois Gaming Board (IGB). The study, conducted by Union Gaming Analytics (UGA) on...
Barcelona, Liverpool Sponsor 1XBET Shuttered in UK Over Link to Cockfighting, Porn, Piracy, and Betting on Kids’ Sports
1XBET’s UK-facing platform has been shut down in the wake of an exposé by The Times that accused the Russian-owned gambling site of promoting a porn-themed casino, offering cockfighting in certain jurisdictions, and permitting bets on sports played by under-18s. The operator,...
Vagos Gang Members Linked to 2011 Sparks Nugget Casino Shooting Now On Trial
The trial for eight Vagos gang members accused of federal racketeering in connection with a lethal 2011 brawl with the Hells Angels at a Sparks, Nevada casino got underway Monday in Las Vegas. The shootout at the casino left one prominent Hells...
Toronto Mayor Blasts ‘Anti-Fun Police’ After Seniors Gambling Crackdown
A group of Toronto senior citizens who played card games and bingo for pennies at a city-run community center have been victimized by “the anti-fun police,” according to Toronto Mayor John Tory. The elderly gamblers’ game of choice was reportedly the card...
Customer Complaints Against UK Operators Up 5,000 Percent in Five Years, That’s Probably Healthy, Regulator Says
Complaints by customers about UK-facing sports betting companies have skyrocketed by almost 5,000 percent in the past five years. But Neil McArthur, the chief executive of the UK Gambling Commission (UKGC) , says that is probably a good thing. Figures obtained by...
Las Vegas Sands Corp. Hit by $12 Billion Lawsuit in Macau
Las Vegas Sands (LVS) is facing a $12 billion lawsuit brought by a former business partner in Macau, Marshall Hao, and his company, Asian American Entertainment Corp (AAEC). The Taiwanese businessman claims that he is entitled to compensation arising from an aborted...
Kylie Jenner Celebrates Birthday on $250 Million Genting Superyacht Previously Owned by Fugitive Billionaire
Kylie Jenner turned 22 on Saturday, and the world’s youngest self-made billionaire -- according to Forbes -- was determined to celebrate her birthday in style. Jenner chartered $250 million superyacht “Tranquillity” for the occasion, a vessel currently owned by Malaysian casino giant...
William Hill Posts $77 Million First-Half Loss Due to UK FOBT Reforms, While US Ops Hit $1 Billion
William Hill booked a loss of £64 million ($77 million) in the first six months of 2019 as the fallout from fixed-odds betting terminal reforms in the UK set in. The government’s decision to cut maximum odds on the machines from £100...
$1.75 Billion Melco Crown Buyout Jeopardized Over Lawrence Ho Link to Blacklisted Company
An investigation is underway in New South Wales, Australia, after evidence presented to the Federal Parliament Thursday showed that Melco Resorts CEO Lawrence Ho was, until very recently, directly involved with a company that is banned from doing business with Crown Resorts....
Kerfuffle Erupts Over UK Soccer Star Wayne Rooney 32Red Derby County Jersey
Former England soccer star Wayne Rooney’s transfer move from DC United to Derby County in the English Football League’s second tier, the Championship, comes laced with controversy. At a time when questions are being asked of soccer’s reliance on betting companies, the...
