World's online gaming authority since 1995

How to Lose Ten Million Bucks in Ten Years

Admit it: you’ve fantasized on occasion about what you would do if you won the World Series of Poker, or Megabucks, or heck, even the Publisher’s Clearinghouse, haven’t you? Sure, we all have. But we hear story after story of people who actually have won big bucks, and somehow can’t figure out how to hold…Read More

Gaming Control Board Holds Businesses’ Fate in Their Hands

It was just another monthly meeting of the Nevada Gaming Control Board on May 1, 2013. But for big businesses like Aristocrat Technologies, Pinnacle Entertainment, and GambleID, it might have been a nail-biter: the GCB has the power to approve or deny licensing of virtually anything gaming- related, and they take that job very seriously….Read More

Gambling Execs Living Large as Highest-Paid CEOs for Public Companies

Wanna make the big bucks? Maybe your mom told you to go into law or medicine, but the real money is in gambling. Not as a high-roller; as a casino executive. If you don’t believe us, check out these staggering paychecks recently revealed in the Sweet 16 rankings of CEO pay for public companies that…Read More

UltimatePoker.com Off to Good Start with Online Poker in Nevada

Even though technically you have to be in Nevada to play the first legal online poker ever in the U.S., that hasn’t stopped people in every state in America, and from 20 other countries abroad, from signing up to be part of history. Yep, looks like Stations Casinos-owned UltimatePoker.com, the first-ever regulated legal U.S. Internet…Read More

Vegas Strip and Macau Push MGM Resorts into the Black

Things are looking green over at MGM Resorts International: after some dicey P & L statements for the past few years, the first quarter of 2013 put the casino conglomerate in the black. They can applaud performances by their Las Vegas Strip CityCenter development,which pulled in an all-time earnings record, and its Macau cash cow,…Read More

Amaya Gaming Expands, But Ends Year in the Red

Montreal-based Amaya Gaming Group Incorporated, an entertainment solutions provider for the gaming industry, has released financial results showing an increase of just below 292 percent in overall revenues for the last three months of 2012 to $37.19 million (Canadian). The gaming firm announced that its adjusted earnings before interest, tax, depreciation and amortization for the…Read More

Alleged Illegal Poker Ring Connections Dash Marc Lasry’s Embassy Hopes

Marc Lasry, founder of the investment firm Avenue Capital, had been considered a contender to become the next U.S. ambassador to France, but has  withdrawn his name from the running after revelations of his connections to an alleged illegal poker ring run by Russian mobsters. The New York Post reports that Lasry, a Wall Street…Read More

Las Vegas Sands Breaks Ties with PriceWaterhouseCoopers

Following dissatisfaction and an uneasy feeling towards the Las Vegas Sands Corporation’s ongoing legal issues, PricerwaterhouseCoopers has resigned as the official auditor of the casino empire, ending a partnership which spanned 25 years in the industry. No Reason Given The Wall Street Journal reports that PricewaterhouseCoopers recorded no official reason for cutting ties with its…Read More

Atlantic City’s Mayor Less Than Dazzled by Christie Five-Year Plan

While New Jersey Governor Chris Christie has been pushing madly for online gaming for the Garden State, Atlantic City’s 11-year Mayor Lorenzo Langford says the guvner’s plans for his bailiwick have not produced dazzling results so far. “The numbers don’t lie,” said Langford about gaming revenue reports that show a 6.9 percent drop in 2011…Read More

MGM Resorts Frontrunner for Western Massachusetts Casino Project

It’s a kind of Miss America pageant for Massachusetts casinos, and it’s now down to the finalist round; MGM Resorts International is waiting tearfully with its Springfield, Massachusetts sash on, hoping her name will be called to represent the western part of the state as its only casino project. The announcement came recently that MGM…Read More

Think Your Job’s Tough? Try Being Nevada’s New Online Gaming Commissioner

As Day One of UltiimatePoker.com’s legal online poker wraps up in Nevada – the first of the racing U.S. states to get ‘er done (with New Jersey panting and out of breath now, we’re sure) – you can bet that Las Vegas attorney John Moran, Jr. is exhausted and relieved. He’s the guy who’s been…Read More

UltimatePoker.com Goes Live Online for Nevada Players

It’s a new day; online legal poker is kicking off today for Nevada players. After almost two years of trying to turn Internet poker into a legitimate entity, looks like Stations Casinos-owned UltimatePoker gets to go down in the history books as the first one to launch. Of course, as advertised, you’ll have to have…Read More

Scratching the Surface of $5 Million Alleged Lottery Scam

Online publication Syracuse.com has reported an alleged lottery ticket fraud in New York’s Syracuse area dating back to 2006, that involves two brothers from central New York who claimed a $5 million lottery ticket sold at their family’s convenience store. Subsequently, they have been accused of scamming the winner out of his scratchcard winnings. Now…Read More

Sports Betting Coates Family Makes the British Rich List

As the family behind one of the world’s largest online sports betting sites, bet365, the Coates family are reportedly set to become Britain’s first gambling billionaires after amassing a fortune of £925 million (that’s something like a billion and 4 million more in change in dollars) and have been featured in the 2013 London Sunday Times…Read More

Win Wynn Situation for First Quarter Earnings at Wynn Resorts Ltd.

Maybe it was just a slight profit gain, but it was enough to exceed what industry analysts predicted: Wynn Resorts Ltd. first quarter 2013 earnings, that is.  Both Las Vegas and Macau out-performed expectations in both the hotel occupancy and gaming revenues areas. As they say, the rich get richer. Macau, now the world’s number…Read More