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South Point Casino Owner Michael Gaughan Doubles Worker Bonuses, Credits Trump Tax Reform

South Point casino Michael Gaughan

Workers at the South Point Hotel Casino in Las Vegas are among the first employees in the gambling industry to learn that their annual bonuses are increasing, thanks to the recent tax reform bill passed by Congress and signed into law by President Donald Trump at the end of 2017. This week, South Point owner…Read More

Police Say Employee Staged Robberies at South Dakota Casino

Staged casino robbery

When the Jackpot Casino Too in Rapid City, South Dakota was robbed twice in December, the initial thought was that it had just been an unlucky month for the house. But now police say that the robberies were actually an inside job that were staged by one of the casino’s employees. Police have charged Carlos…Read More

Lucky Dragon Shutters Casino Floor, Asian-Themed Resort Plans ‘Repositioning’

Lucky Dragon casino closes

The Lucky Dragon hasn’t been spewing the hot revenue fire its investors hoped for since it opened its doors a year ago last month. In mid-December, reports surfaced that the 203-room boutique hotel and 27,500-square-foot casino floor were struggling. Yesterday, those rumors were confirmed when gaming at the Lucky Dragon was suspended, and most of…Read More

Las Vegas Raiders Stadium Targets Bali Hai Golf Club for 14,000-Space Parking Lot, But Impediments Abound

Raiders stadium parking Bali Hai

The new Las Vegas Raiders stadium, being built on 62 acres of land west of the Strip between Hacienda Avenue and Russell Road, has been fully cleared for construction, but the $1.9 billion project still needs to satisfy a 14,000-space parking lot requirement. Clark County signed off on the stadium with the understanding that the…Read More

Russia Eases Tax Filing Requirements for Casinos in Effort to Attract New Investment

Russia casino tax Valdimir Putin

Russia no longer requires casinos to withhold taxes from gamblers who win at least R15,000 ($237). The modification is presumably an effort by the federal government to spur new gaming investment, as Russia’s recently liberated commercial market remains stagnant. President Vladimir Putin signed the casino tax law amendment just before the end of 2017. The…Read More

Catholic Monsignor Who Stole Money to Cover Gambling Expenses Sentenced to Federal Prison

Catholic monsignor gambling theft

Catholic Monsignor William Dombrow is headed to federal prison for the next eight months for stealing $535,000 from the Philadelphia Archdiocese to predominantly cover his gambling expenses. US District Judge Gerald Pappert sentenced Dombrow yesterday in Philadelphia, but he didn’t go lightly on the once-vaunted Catholic priest. The federal judge explained in his verdict that…Read More

SportPesa Drops Team Sponsorships in Response to Kenya’s Gambling Tax Increase

SportPesa CEO Ronald Karauri

Kenya’s leading betting site pulled sponsorship from the country’s sports teams after the government in Nairobi hiked gambling tax rates from 7.5 to 35 percent. SportsPesa, which has operations in Kenya and the UK, had spent $5.8 million to sponsor soccer and rugby teams as well as pro boxing. The company had vigorously fought the…Read More

Miami Ready to Transfer Bay Site to Genting for Marina Development

resorts world miami

Genting may have hit nothing but stumbling blocks in its efforts to build a casino in the city of Miami, but the company may finally be in position to begin developing their property, even if gambling won’t be a part of the equation just yet. Miami’s city commission unanimously approved a transfer of submerged land…Read More

South Korea Casino Kangwon Land Ordered to Reduce Operating Hours, Mass Gaming Tables

South Korea casino Kangwon Land

Kangwon Land, the only South Korea casino where citizens are allowed to gamble, has been ordered by the country’s Ministry of Culture, Sports and Tourism (MCST) to cut its hours and number of mass tables. In a filing with the Korea Stock Exchange, Kangwon Land says the federal agency has directed the resort to reduce…Read More

Ceiling Collapse at Resorts World Sentosa Injures Four

Resorts World Sentosa

Four individuals working at Resorts World Sentosa in Singapore were injured when part of a ceiling board collapsed on Tuesday morning. The ceiling board, located in an area leading to the mezzanine gaming area of the casino, injured three renovation workers and a security officer. According to a spokesperson for the resort, the collapse fell…Read More

Miss America $4 Million Casino Tax Funding Subsidy Threatened, New Jersey Lawmakers Want to Nix Deal After Just One Year

Miss America casino tax money

The Miss America Organization (MAO) negotiated a sweetheart of a deal with New Jersey’s Casino Reinvestment Development Authority (CRDA) in 2017, one which paid the pageant nearly $4 million to continue hosting its marquee event in Atlantic City. But now, several state lawmakers say it’s a bad use of tax dollars, and want the subsidy…Read More

Anti-Gambling Advocate Wins $25,000 in Illinois Sweepstakes

Gilroy Illinois gambling sweepstakes

When anti-gambling activist Kathy Gilroy won $25,000 by playing a sweepstakes at a gambling café in Illinois, she saw it as a fortunate windfall, if one that was a bit ironic. But some in Illinois instead saw a case of hypocrisy from someone who had long worked to prevent the spread of gambling throughout the…Read More

Atlantic City Casinos Enter 2018 with Operator Confidence in Full Throttle

Atlantic City casino gaming outlook

It’s a new year, and Atlantic City casino operators are hoping for an even better one in 2018. Fresh off the town’s second consecutive annual gaming win, invested companies are hopeful that the trend will continue up and down the Boardwalk and into the Marina District. After enduring nine years of declines between 2007 and…Read More

New Chinese Cash Rules Unlikely to Slow Macau’s Growth

Macau Chinese cash rules

A new limit on the amount of money that can be withdrawn annually from mainland Chinese bank accounts while outside of the country could be seen as a threat to Macau’s casino industry, but experts largely say the impact on the territory should be minimal, if it is felt at all. As of January 1,…Read More

Outlook for Las Vegas Tourism 2018 Remains Positive, Despite Volume Number Drop for Sixth Consecutive Month in November

Las Vegas tourism gaming win

Las Vegas tourism continues to struggle, as November marked the sixth consecutive month of visitor volume losses in America’s gambling capital. Nearly four percent fewer travelers came to Sin City during the Thanksgiving holiday month, which represents a loss of about 125,000 tourists. Visitor volume totaled 3.3 million people, which pushed average daily room rates…Read More