World's online gaming authority since 1995

Surveillance Rooms at Las Vegas Casinos Often Lightly Staffed

Las Vegas surveillance rooms

For anyone who wants to cheat or steal at a major casino, the biggest deterrent isn’t the staff on the gaming floor, but rather the all-seeing eyes of the countless security cameras being monitored by surveillance staff. But a new report from the Las Vegas Review-Journal has found that many casinos in Las Vegas have…Read More

Chief Macau Gaming Official Says Junket Collaborators Will Remain Unlicensed

Macau gaming VIP junket collaborator

Macau Gaming Inspection and Coordination Bureau (DICJ) Director Paulo Martins Chan says there are no plans to develop some type of permit to issue VIP junket group “collaborators” that currently work in conjunction with the casino market’s six licensed operators. Speaking at a legal event at the University of Macau, Chan told reporters that the…Read More

Crown Resorts Faces Class Action Lawsuit Over China Arrests

Crown Class Action Lawsuit

Australian gambling giant Crown Resorts is facing a class action lawsuit that claims the company failed to inform shareholders of a marketing campaign in mainland China that led to the arrest of 18 Crown employees. The lawsuit was filed by law firm Maurice Blackburn, which said that it had received hundreds of registrations from shareholders…Read More

Caesars Entertainment Selling Harrah’s Las Vegas Real Estate to Generate Capital

Caesars Entertainment Harrah's Las Vegas

Caesars Entertainment is fresh out of Chapter 11 bankruptcy, and the casino conglomerate is ready to get back into the game of purchasing new assets. To accomplish that goal, the company needs cash. In a capital-generating move, Caesars has decided to sell its Harrah’s Las Vegas real estate to VICI Properties, its real estate investment…Read More

Penn National Questions Fairness of PA Satellite Casino Rules

Penn National Pennsylvania expansion

When Pennsylvania decided to allow for smaller satellite casinos as a part of their recent gambling expansion, state lawmakers made sure to protect existing casinos by ensuring they couldn’t be placed too close to existing venues. But according to Penn National, not all of these so-called exclusion zones are created equally. Penn National operates the…Read More

Macau Casinos Post 16th Consecutive Monthly Revenue Gain, November Win Totals $2.87 Billion

Macau casinos revenue MGM Cotai

Macau casinos generated gross revenue of 23 billion patacas ($2.87 billion) last month, which represents a 23 percent gain on November 2016 and marks the enclave’s 16th straight month posting a year-over-year percentage increase. The financial statistics outpaced the general consensus growth of 19 percent forecasted by analysts. Accumulated gross revenue through November now stands…Read More

Melco Pledges to Move Headquarters to Japan if it Receives Casino License

Melco Japan casino headquarters

Melco Resorts & Entertainment Chairman Lawrence Ho has vowed to do “whatever it takes” in order to get into the Japanese casino market when it opens. That commitment now includes a pledge to move the company’s headquarters to Japan should it receive a license to operate in the country. That promise came as Ho visited…Read More

Las Vegas Strip Revenues Fall in October, Mandalay Bay Tragedy Continues to Impact Casinos

Las Vegas shooting Strip win

The Las Vegas mass shooting on October 1 led to a decrease in gambling revenue last month, as Strip casinos saw their wins lowered by six percent. The lower intake was anticipated following the Mandalay Bay shooting that slaughtered 58 country music concert attendees. Strong performances off the Strip, including a 10 percent jump in…Read More

No Verdict in Atlantic City PILOT Lawsuit Challenging Casino Tax Plan

Atlantic City PILOT casino taxes

The Atlantic City PILOT (Payment in Lieu of Taxes) program that allows the town’s remaining casinos to pay a flat property tax instead of fluctuating payments based on assessments was back in court on Thursday. Superior Court Judge Julio Mendez listened to arguments as to why the tax scheme is allegedly in violation of the…Read More

Gaming Stocks Ride Growth Wave as Dow Climbs Past 24,000

Dow Jones 24000

The Dow Jones Industrial Average broke through the 24,000 barrier for the first time on Thursday morning, marking an all-time high for the index that mirrors similar growth in stock prices for major gaming firms. While many factors have contributed to the recent surge, one reason for the latest index bump seems to be the…Read More

Ohio Senate Passes Daily Fantasy Sports Bill

Ohio daily fantasy sports

The Ohio Senate overwhelmingly passed a bill on Wednesday that would allow daily fantasy sports contests to be regulated in the state. The legislation, originally known as House Bill 132, passed by a 25-4 margin and will now need to be reconciled with the version of the bill that passed the state House earlier this…Read More

As New Jersey Waits Out SCOTUS PASPA Decision, State Gives Virtual Sports Green Light

New Jersey virtual sports betting

New Jersey will have to wait until next year for the Supreme Court’s ultimate decision when it comes to the state’s right to offer legalized sportsbetting in its casinos. Meanwhile, gamblers in the Garden State still can bet on games, but only on competitions that are virtual. The New Jersey Division of Gaming Enforcement (DGE)…Read More

VIP Junkets Return China’s High Rollers to Casinos in Macau, Australia, and Philippines

VIP junkets China high rollers Macau

Junket groups are once again bringing high rollers from the Chinese mainland to VIP rooms and casinos floors in Macau, as well as to casinos in Australia and the Philippines. The multibillion-dollar integrated casino resorts in Macau, as well as casinos in the other two countries, rely heavily on action from China’s ultra-elite. As People’s…Read More

Bitcoin Frenzy as Cryptocurrency Breaks $10,000 Barrier, Then $11,000, in 24 Hours

Ari Paul, financial analyst

Bitcoin, the cryptocurrency that has become a popular banking method at many online casinos, has surged in value this week, not only breaking the $10,000 barrier on Tuesday but also hitting $11,000 just hours later on Wednesday. As has nearly always been the case with Bitcoin and other digital currencies, volatility remains high, with the…Read More

Man Robs Bellagio Poker Room at Gunpoint, Suspect Still at Large

Bellagio robbery suspect

Las Vegas police are still searching for a man who robbed the Bellagio’s poker cage at gunpoint on Tuesday afternoon. The robbery took place around 3:50 pm local time, with several games going on in the poker room at the time hardly interrupted. According to police, the robbery was a straightforward operation. A man brandishing…Read More