3944 stories by Philip Conneller
North Florida’s Racetrack Bingo Ordered to Forfeit $6 Million Over Illegal Gambling Racket that Defrauded Local Charities
The owners of Racetrack Bingo in Fort Walton Beach, Florida, have been ordered to forfeit $6 million to the federal government after being convicted last month of operating an illegal gambling business that bilked local charities out of $8 million over eight...
Rhode Island Legislature Fends Off GOP Challenge to Pass Mobile Sports Betting Bill
Rhode Island’s mobile sports betting bill has cleared both chambers of the state legislature and now awaits sign off by Governor Gina Raimondo. That signature is all but assured -- Raimondo’s proposed budget for the fiscal year that begins July 1 includes...
‘Persecuted’ Sweepstakes Operator Spearheads Impeachment of Honolulu’s Embattled Top Prosecutor
Honolulu’s top prosecutor, Keith Kaneshiro -- once the scourge of sweepstakes operations in the gamble-dry state of Hawaii -- has had a week to forget. Under investigation for public corruption, the Prosecuting Attorney of Honolulu -- an elected official -- finally yielded...
888 Books 2018 Profit Growth Despite UK Headwinds, But Analysts Chide ‘Underperformance’
888 Holdings has reported double-digit profit growth for 2018, despite a dip in revenues amid an increasingly challenging regulatory environment in the UK. The company reported an 11 per cent rise in profit, to $86.7 million, as well as record EBITDA (earnings before interest,...
Wynn Resorts, Steve Wynn File Motions to Dismiss $3 Billion Boston RICO Lawsuit
Both Wynn Resorts and its former chairman and CEO, Steve Wynn, have hit back at a lawsuit that accuses the company of racketeering in relation to its bid to secure licensing for the Encore Boston Harbor, back in 2014. On Friday, Steve...
Icahn Increases Grip on Caesars to 17.75 Percent, Sale or Merger Now Likely
Billionaire activist investor Carl Icahn has increased his stake in Caesars Entertainment to 17.75 percent, according to a Monday SEC filing. The 83-year-old is now the largest shareholder in the Caesars group. Icahn has been slowly increasing his ownership since the news...
West Virginia Online Casino, Poker Bill Clears Legislature But Plug Pulled for Online Sports Betting
West Virginia’s Lottery Interactive Wagering Act sailed through the Senate on Friday, which means the state stands on the brink of legalizing online casino gaming and poker. It’s not West Virginia’s first foray into online gambling -- it already has online sports...
BC Regulator Probe Launched After Hundreds of Intact Grand Villa Casino Playing Cards Found in Dumpster
The British Columbia Lottery Corp (BCLC) is looking into a dumpster -- specifically, a dumpster that was found full almost to the brim of intact, unpunched playing cards belonging to the Grand Villa Casino in Burnaby. The cache would have proved a...
Connecticut Sports Betting Bill Would Allow Off-Track, Lottery, and Mobile Wagering, Leagues Would Get Cut
A Connecticut sports betting bill dropped in the General Assembly this week wouldn’t just restrict wagering to casinos, it would offer off-track betting sites and the CT Lottery a piece of the market too, both online and land-based. It would also offer...
New Jersey Regulator Seizes $90,000 After Player Gambled Online from California
Caesars Interactive and the Borgata, Atlantic City have been ordered to forfeit more than $90,000 sitting since 2014 in the online gambling accounts of a man who gambled in New Jersey remotely from 3,000-odd miles away in California, the Associated Press reports....
