3973 stories by Philip Conneller
US State Department Accuses Philippine Casino Sector of Ongoing AML Deficiencies
The Philippines has tightened anti-money laundering (AML) controls at its casinos, but the gaming sector is still guilty of “ongoing deficiencies,” according to the recent US State Department’s Narcotics Control Strategy Report. These include the liberal acceptance of proxy betting and the...
Lawsuits Pile Up Against Social Casino Operators in Washington State in Wake of Big Fish Ruling
A federal court ruling that Churchill Downs’ Big Fish Casino violated Washington State gaming laws has prompted a slew of class action lawsuits against other social games operators in the Evergreen State. Three new class action lawsuits were filed this week, levelling...
Steve Wynn Selling Art Worth $150 Million, Picassos and Warhol Up for Auction
Embattled former Wynn Resorts chairman and CEO Steve Wynn is selling off a chunk of his celebrated art collection. The casino mogul is reportedly in the process of hawking at least three major works, including paintings by Pablo Picasso and Andy Warhol,...
888 Holdings Challenges German Federal Court Over Right to Operate Online
888 Holdings will challenge a German federal court ruling that ordered its German-language subsidiary to cease offering online gaming in the southwestern state of Baden Württemberg. The November ruling caused the company to consider leaving Germany entirely. At its most recent earnings...
Duterte Denies Existence of $500 Million Galaxy Casino Plan for Boracay Island
Philippine President Rodrigo Duterte on Monday professed to have no knowledge of Hong Kong-based Galaxy Entertainment’s plans to build a $500 million casino on Boracay Island, a paradise vacation resort in the Central Philippines, turned growing environmental concern. "Consider Boracay a land...
Sheldon Adelson Gets 100 Percent Raise to $26.1 Million
LVS chairman and CEO Sheldon Adelson is rich, even for a casino mogul. In fact, he’s the richest casino mogul on the planet, according to Forbes’ Billionaires List, and the 21st richest man in the world, with an estimated fortune of $38.5 billion....
PokerStars Blocks Play Money Games in Washington State, Federal Judgment Unnerves Social Gaming Industry
PokerStars has blocked free-to-play games in Washington State. According to the State Gambling Commission, the online poker giant is one of several providers of "freemium" social casino-style games that opted to withdraw services to state residents last week, following a federal court...
Ocean Resorts to Bring Hyatt Hotel Brand to Atlantic City
Ocean Resort Casino, formerly Revel, is joining the Hyatt brand. The resort is gearing up to open this summer, almost four years after Revel closed its doors in financial crisis. And when it does, its 1,399 hotel rooms will be operated by...
PokerStars Ad Banned for Painting Recklessly Skewed Picture of Bluffing in Poker
The UK’s advertising watchdog has banned a TV ad spot for online poker giant PokerStars for implying that reckless bluffing can be a financially rewarding strategy for amateur players. The Advertising Authority said it felt the spot oversimplified the game in a...
Florida Legislature Special Session a ‘Genuflection to the Gambling Industry,’ Says Anti-Casino Group
Influential Florida anti-gambling group NoCasinos has claimed the state legislature’s call for a special session to address gambling issues is “a fictional crisis manufactured by gambling lobbyists.” Over the last two years, the legislature has failed to pass sweeping gambling reform packages...
