World's online gaming authority since 1995

Gulfport Casino Workers Who Lost Jobs After Hurricane Katrina Schedule Reunion

Gulfport casino workers reunion

Former casino workers who lost more than just their homes and communities during Hurricane Katrina in 2005 are planning a reunion later this month. The gathering set for July 26 at the Biloxi Community Center will reunite former colleagues and friends that were dispersed from their jobs after the Grand Casino Gulfport was forced to…Read More

Caesars Entertainment Restructuring Approved in New Jersey, Plan Eliminates $16 Billion in Debt

Caesars Entertainment restructuring Atlantic City

Caesars Entertainment has received approval from the New Jersey Casino Control Commission (CCC) to restructure its business operations in Atlantic City. The corporate maneuvering will eliminate $16 billion from the parent company’s books and reduce its interest and lease payment liabilities by $807 million. Under the approved reorganization, Caesars Entertainment Operation Company (CEOC), owners of…Read More

Taiwan Customs Officials Intercept $380K, Suspect Macau Money Laundering Activity

Taiwan customs money laundering

Taiwan customs officials at Taipei’s international airport got a whiff of dirty laundry in the suitcases of two of its citizens returning home from Macau. Nope, it wasn’t underwear that hadn’t hit the laundromat: it was cold, hard cash. Inside the luggage, the security agents discovered $400,000 in undeclared American dollar bills. According to the…Read More

Girl Wins California Lottery Twice in One Week

Rosa Dominguez wins lottery twice in a week

Talk about about a lucky break! An American teenager somehow managed to win the state lottery not once but twice this week. Nineteen-year-old Rosa Dominguez was driving home from Arizona when she stopped at a gas station in Paso Robles in her home state of California, and decided to try her hand at a few…Read More

Central New York State Casinos See Revenues Drop, But Officials See Summer Numbers Heating Up

del Lago resort New York State revenue shortfall

The three casinos in central New York State have experienced a revenue slump, but officials believe it is only temporary and are already seeing signs of a summer rebound. While weekly gaming earnings either dropped or remained stagnant from March to June, July has been seeing an increase. Del Lago in Waterloo and Rivers Casino…Read More

Hard Rock International Unveils Plans for Hard Rock Entertainment World in Catalonia, Spain

Hard Rock Entertainment World

Hard Rock International has detailed its plans for Hard Rock Entertainment World, a proposed casino project it has the green light to build in Catalonia, Spain. The $2 billion integrated resort will be located in Vila-seca in Catalonia’s Tarragona province, around 70 miles along the coast from Barcelona. The complex will be built next to…Read More

$8.4 Billion Tabcorp-Tatts Merger Under Threat as Regulator Launches Legal Challenge 

ACCC challenges Tabcorp Tatts merger

The proposed merger of Tabcorp’s and Tatts, Australia’s two biggest wagering firms, faced a fresh hurdle on Monday as the Australian competitions regulator (ACCC) launched legal action in an attempt to capsize the deal. In a completely unprecedented move, the ACCC has applied to the country’s federal court for a judicial review of a recent…Read More

Guam Waits for Federal Direction on $476K in Frozen Funds from Illegal Gambling Ops

Guam casino gambling DOJ IRS

The US  Attorney General’s office for Guam and the Northern Marina Islands is requesting that a federal judge order the forfeiture of almost $476,000 in frozen funds grabbed from an alleged illegal gambling, asking that the monies be turned over to the overseas US territory. In 2010, a federal investigation led by the FBI and…Read More

Floyd Mayweather Asks IRS for Temporary Reprieve on Tax Bill, Says He’ll Be Flush After Conor McGregor Fight

Floyd Mayweather IRS taxes

Floyd Mayweather still hasn’t paid his tax bill from 2015, and last week the boxing great asked the Internal Revenue Service (IRS) for just a little more time in making good with the federal government. In a petition filed on July 5, attorneys for Mayweather say the 49-0 boxer will send in his tax check…Read More

Morgan Stanley Upgrades Macau Projections Despite ATM Clampdown

Morgan Stanley raises Macau projections

Morgan Stanley has raised its growth projections for resurgent Macau, despite implementations of restrictions on ATM use this week. On Thursday, the banking group revised its estimates of Macau’s year-on-year gross gaming revenue growth for full-year 2017 from 12 percent to 15 percent. The note came two days after authorities announced the suspension of cash…Read More

Caesars Entertainment Looks to Expand Hotel Holdings, Remains Confident on Japan, South Korea

Caesars Entertainment Mark Frissora

Caesars Entertainment expects to officially exit bankruptcy in September, and in the interim, the company is developing its future growth plan that is focused on non-gaming investments. Gaming currently makes up about 58 percent of Caesars’ overall income. CEO Mark Frissora wants to change that by growing food and beverage (16 percent) and entertainment (11…Read More

Flamboyant Hong Kong Mogul Stephen Hung Cash-Strapped for Unlucky ‘The 13’ Macau Casino Project

Stephen Hung The 13 Rolls-Royce

Perhaps it was an omen for eccentric Hong Kong businessman Stephen Hung when he named his Macau casino project ‘The 13.’ Hung is now in desperate need of financing to complete his $1.3 billion resort, but it may have more to do with over-leveraged spending habits than misfortune per se. The flashy former banker and…Read More

Pennsylvania Slot Machine Revenue Decreases, as State Lawmakers Mull Gambling Expansion

Pennsylvania slot machine gambling expansion

Pennsylvania slot machine win at the state’s 12 land-based casinos fell during the 2016/2017 fiscal year. Meanwhile, lawmakers in the Harrisburg capital are continuing to contemplate expanding gambling and allowing slot machines to be placed inside bars and restaurants, truck stops, and airport terminals. Total gross revenue from slot machines totaled $2.336 billion between July…Read More

Tropicana Atlantic City Expanding with Adjacent Boutique Hotel Acquisition

Tropicana Atlantic City The Chelsea

The Tropicana is expanding its Atlantic City footprint. The Boardwalk property announced earlier this week that it was purchasing the nearby Chelsea Hotel, a boutique 330-room venue that will become part of the casino resort. Located a block south of the main resort, the expansion will come to be known as the Chelsea Tower at…Read More

SLS Las Vegas, Closing in on New Ownership Deal, Hints at Readoption of Sahara Brand

SLS Las Vegas considers Sahara rebrand

The SLS, which sits on the northern end of the Las Vegas Strip where once stood the legendary Sahara, may be going back in time, at least as far as branding is concerned. The beleaguered casino property, which has already tried a multimillion renovation and bizarre modern art greeting arriving guests from its circular outdoor…Read More