3026 stories by Philip Conneller
Levo Chan Defiant as Trial Wraps: ‘Tak Chun Not Triad’
An emotional Levo Chan denied that his former company, the Tak Chun Group, was a triad organization. In a Macau courtroom on Wednesday, Chan also apologized to staff members whose lives had been impacted by his trial on charges of illegal gambling,...
Illegal Gambling Operator Imprisoned for $2M Theft from US Army
An illegal gambling operator from Corpus Christi, Texas, has been sentenced to 27 months in prison for the theft of more than $2 million worth of sensitive military equipment from the US Army. Nathan Nichols, 46, ran two bars in his hometown,...
Great Canadian Casino Toronto, Canada’s Biggest Resort Opens this Summer
Canada’s largest casino resort will open in Toronto this summer, developer Great Canadian Entertainment (GCE) said Wednesday. The $1 billion Great Canadian Casino Toronto is currently under construction next to the Woodbine Racetrack in the city’s Etobicoke district. The resort will span...
Flutter Pays $4M to US to Avoid PokerStars’ Russia Bribery Charges
Dublin-based Flutter Entertainment has agreed to pay the US Securities and Exchange Commission (SEC) $4 million. That’s to settle allegations that its flagship poker site, PokerStars, violated US bribery laws by funneling around $8.9 million in payments to lobbyists in Russia. The...
Entain Keeps Most of $758K Lost by Fraudulent Wealth Manager
Entain Australia has been fined AU$78,540 (US$51,800) by regulators in the country’s Northern Territories. The penalty comes for allowing a rogue wealth manager to fritter away $758,510 of his clients’ money. But the operator gets to keep the AU$758,510 (US$500,000) Gavin Fineff,...
Wynn Resorts Shareholder Suit Over Sex Misconduct Claims Can Proceed
A shareholder lawsuit that accuses Wynn Resorts executives of deceiving investors by failing to disclose Steve Wynn’s alleged sexual misconduct can proceed as a class-action complaint, a federal judge has determined. US District Judge Andrew Gordon made no judgment on the allegations...
Slots Jackpot Tax Threshold Should Be $5K Nationwide, Nevada Lawmaker Says
A Nevada Congresswoman is spearheading federal legislation that would raise the tax reporting threshold on slots jackpots from $1,200 to $5,000 nationwide. US Rep. Dina Titus (D) believes the current system is anachronistic, claiming it's burdensome to casinos, customers, and the IRS....
Rancho Mesquite Casinos Faces Class Action Suit Over ‘Massive’ Data Breach
Nevada-based Rancho Mesquite Casinos “failed to maintain adequate data security,” which led to the theft of the personal information of more than 200K customers and employees. That’s according to a class action lawsuit filed last week in a US District Court for...
L.A. Lawyer Accused of $10M Fraud 86’d from Wynn Las Vegas After Gambling in Disguise
A high-flying LA lawyer accused of living the high life at the Wynn Las Vegas with $10 million of her client’s money was back gambling at the casino last week, this time in disguise, Los Angeles Magazine (LAM) reports. That’s despite being...
Dry Creek Pomo Get Approval for $300M Casino in Heart of Wine Country
California’s Dry Creek Rancheria Band of Pomo Indians has received the go-ahead from Sonoma County officials to build a $300 million luxury casino resort near Geyserville in the heart of America’s wine country. The proposed casino would replace the tribe’s existing River...
