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Boston Cop Feeds Bank Robbery Evidence into Slot Machines, Charged with Money Laundering

Boston Police officer Joseph Nee charged with money laundering

A police officer from Boston, Massachusetts has been indicted on charges of money laundering and theft for allegedly stealing cash from the evidence room before hitting Plainridge Park Casino. Until recently, Joseph Nee, 44, a 19-year Boston Police Department veteran, worked at the department’s evidence management unit. He is accused of taking around $2,000 from…Read More

MGM Cotai Focuses on Mass Market, Set to Open Without VIP Tables

MGM Cotai mass market

MGM Cotai will open next year after being delayed from the fourth quarter due to August’s Typhoon Hato that caused nearly $2 billion in damages to infrastructure throughout Macau. When it does finally welcome its first guests in 2018, the casino resort will focus on more of the mass market than the high roller VIP,…Read More

Zappos to Cover Las Vegas Shooting Funeral Costs, Victim Fundraising Tops $15 Million

Zappos Las Vegas shooting fundraiser

Online retailer Zappos is offering to pay for the funerals for all 58 victims of the October 1 Las Vegas shooting. In a statement to the Las Vegas Sun, Steven Bautista, who oversees the company’s “Zappos for Good” program, said the company isn’t using its charitable funds to cover immediate memorial services. Instead, Zappos is…Read More

Puerto Rico Casino Resorts Provide Relief, as President Trump Threatens to Cut Off Aid

Puerto Rico casinos Hurricane Maria

Almost 90 percent of Puerto Rico remained without power this week, more than three full weeks since Hurricane Maria, a Category 5 storm and the 10th-most intense Atlantic hurricane on record, struck the US territory. Maria made landfall on Puerto Rico on September 20. The powerful cyclonic storm caused catastrophic damage, and resulted in a…Read More

Lawrence Ho’s Melco Resorts Boasts Japanese Relationships in Casino Resort Bid

Melco Resorts Lawrence Ho Japan casino

Melco Resorts and Entertainment, a casino resort developer headquartered in Hong Kong, is trying to convince lawmakers in Japan that it has long been a close friend of the Asian country. Melco officials are campaigning to land one of two expected integrated casino resort licenses. In a press release issued this week, the corporation explained…Read More

Crown Resorts High Rollers Return One Year on from China Arrests

Crown Resorts VIPs return after China arrests

VIP gamblers are slowly returning to the Crown Melbourne, according to a note by Morgan Stanley that comes a year to the day that a group of Crown employees were arrested in China on suspicion of marketing gambling to Chinese citizens. Seventeen Crown employees and two former employees were detained in night-time raids in at…Read More

Landing International Sells London’s Uber-Elite Les Ambassadeurs Casino for $320.3 Million

Les Ambassadeurs casino, London

Hong Kong-based Landing International has sold Les Ambassadeurs Club, the exclusive high-end casino in London’s affluent Mayfair district, for $320.3 million. Landing announced the sale had been completed on Wednesday. The buyer is believed to be Paul Suen Cho Hung, owner of Birmingham City, a soccer club in England’s second tier. “Les A,” as it…Read More

Russian Oligarch Pleads with Vladimir Putin to Save Azov-City Casinos

Russian casino oligarch Maxim Smolentsev

Maxim Smolentsev, president of the Shambala Casino in Russia’s doomed Azov-City casino zone, has written an open letter to President Vladimir Putin, with excerpts printed Wednesday in Betting Business Russia, begging him to reconsider the decision to “liquidate” the area’s fledgling casino sector. The government in Moscow has told Azov-City’s three casinos that they must…Read More

Bettor Racing Loses Spat with NIGC and Tribal Casino, Goes into Liquidation

Bettor Racing Goes Into Liquidation

Bettor Racing Inc, the South-Dakota-based advance deposit wagering (AWD) and off-track betting operator, has filed for Chapter 7 bankruptcy (liquidation) after losing its fight with the National Indian Gaming Commission (NIGC), prompting fears among its customers over the safety of their funds. The company mainly dealt with high-end customers and so the amount of money…Read More

Disney Wants Voters, Not Politicians, in Charge of Florida Casino Expansion

Disney Florida casinos expansion

Disney, Florida’s largest employer, is leading the campaign effort to strip state legislators from having the power to decide whether to expand casino gambling in the Sunshine State. Last month, Disney Worldwide Services, a subsidiary of The Walt Disney Company, made three donations totaling $575,000 to a political committee called Voters in Charge. The group,…Read More

Casino Stocks Stable, But Miss Out on Bullish Wall Street After Las Vegas Shooting

casino stocks Las Vegas shooting

Publicly traded casino stocks associated with Las Vegas seem to be missing out on a wildly bullish phase for Wall Street. While shares haven’t dropped as much as some analysts predicted in the week following the Oct. 1 Mandalay Bay shooting that left 59 dead (including perpetrator Stephan Paddock), the companies aren’t gaining value either,…Read More

Average Macau Casino Visitor is 36, Male, Earns $34,000 Per Year

Average Macau gambler is 36 and earns $34,000

Macau’s average gambler is a 36-year-old male, hails from one of China’s most economically developed cities (such as Shanghai, Beijing, Guangzhou or Shenzhen) and earns 19,000 Chinese yuan, or US$2,900 per month. His gambling budget is US$3,035 per trip. That’s according to a study by analyst Sanford C. Bernstein and Co, which aimed to “dig…Read More

Japanese Financial Giant Nomura Eyes Yokohama’s Casino Potential

Nomura interested in Yokohama casino

Japanese banking giant Nomura said this week that the cities of Osaka and Yokohama were the “prime-candidate” destinations for the country’s planned new casinos. Nomura is particularly interested in the potential of Yokohama, where it is building a passenger ship terminal, complete with shopping mall and hotel in, via a public-private partnership called “Yokohama Pier9”….Read More

Atlantic City Could See Two Casinos Reopen in 2018, Atlantic Club Deal Reportedly in Works

Atlantic City Atlantic Club casino resort

Atlantic City will get its eighth casino when the former Trump Taj Mahal reopens as Hard Rock next year, but the Boardwalk resort might not be the only shuttered property to return to life in 2018. According to The Press of Atlantic City, a deal is in the works for Florida-based TJM Properties to sell…Read More

Hurricane Nate Causes Gulf Coast Casino Shutdown

Hurricane Nate Shuts Down Gold Coast Casinos

Hurricane Nate made landfall close to the mouth of the Mississippi on Saturday night as a Category 1 storm, battering the costs of Louisiana, Mississippi and Alabama with 85 MPH winds, and causing an almost 20-hour shutdown of Mississippi’s 12 Gold Coast casinos. The Mississippi Gaming Commission gave the order to shutter casinos for business…Read More