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Nevada Sportsbooks Collect Record Handle in September, Casino Revenue Increases 3.3 Percent

Nevada sportsbooks September casino revenue

Nevada sportsbooks pulled in $558.4 million in wagers during September, the largest handle in state sports betting history. It tops the previous mark by $1 million, which was set in November of 2015. Oddsmakers performed well, keeping $44.4 million of the money, an increase of eight percent on the same month in 2016 and the…Read More

Ethics Commission Probes Financing for Maine Casino Campaign

Maine casino ethics committee

The Maine Commission on Governmental Ethics and Election Practices is investigating whether the campaign behind the proposal to bring a casino to York County hid the source of more than $4 million in funding. The commission ultimately listened to over 10 hours of testimony for attorneys representing several individuals closely tied to the campaign. Groups…Read More

Schenectady Casino Awards $500K Three Card Poker Jackpot

Three Card Poker Jackpot

One lucky player at the Rivers Casino & Resort in Schenectady walked away nearly a half-million dollars richer on Saturday, after they hit a progressive jackpot at a Three Card Poker table in the Schenectady, New York casino. The player, who chose to remain anonymous, played an optional side bet in order to become eligible…Read More

Caesars Ends Free Parking for Locals at Seven Las Vegas Strip Casinos, Following MGM

Caesars parking rates Las Vegas MGM

Caesars began charging out-of-state guests to self-park in late March at the Linq, and continued rolling out the fees at other resorts up and down the Strip throughout the year. But to date, Nevadans have been immune from paying simply by swiping their Silver State driver’s licenses. That’s all changing on November 2, when state…Read More

PAGCOR Casino Income Up 36 Percent in 2017, PhilWeb Receives Accreditation

PAGCOR Philippines casino revenue

PAGCOR, the Philippine Amusement and Gaming Corp, says in its 2017 third quarter report that casino income from its 13 Casino Filipino locations and 35 satellite facilities is up 36 percent through September. Net income after expenses totaled PHP 4.36 billion ($84.3 million), a 36 percent surge on 2016 when PAGCOR’s bottom line stood at…Read More

Larry Flynt Loses Bid to Overturn California Casino Law

Larry Flynt Casino California

Hustler Magazine creator Larry Flynt failed in his bid to expand his casino ownership portfolio when a federal judge dismissed his challenge to a California law that doesn’t allow individuals to operate gambling venues both inside and outside the state. U.S. District Judge John Mendez dismissed with prejudice the claim, saying that it fell outside…Read More

Judge Orders MGM to Preserve Evidence at Route 91 Shooting Site, Mandalay Bay

Las Vegas shooting courtroom

Facing two lawsuits and the possibility of future litigation, MGM Resorts was ordered Monday by a Las Vegas judge not to destroy any evidence related to the Oct. 1 Route 91 Harvest festival shooting. Attorneys that filed suit will bring forensic experts to inspect the grounds where 58 people were killed and nearly 500 were…Read More

Voters on Taiwan’s Kinmen Islands Overwhelmingly Reject Call for Legal Casinos

Protesting casinos in Taiwan

The people of Kinmen Island in Taiwan spoke loud and clear at the ballot box on what they thought about allowing casinos in their towns. They overwhelmingly rejected a referendum on the matter Saturday by a vote of 21,663 to 2,705. The turnout was about 24 percent of the 114,000 residents on the island who…Read More

Jack Lam Charged With Bribery in Philippines, Faces One to Five Years Imprisonment

Jack Lam Philippines bribery charge

Macau gambling tycoon and Chinese citizen Jack Lam quickly fled the Philippines after authorities raided his Fontana Hot Spring Leisure Parks casino resort in the Clark Freeport Zone in November of 2016 and arrested 1,316 Chinese nationals working illegally. Nearly a year later, the businessman is being charged for allegedly bribing government officials in order…Read More

SLS Las Vegas Sale Price Tussle Means Final Deal Likely Delayed Until Q1 2018

SLS sale Q1 2018

Sales price haggling over the SLS Las Vegas may have pushed back the deal’s anticipated closing date, a spokesman for the transaction announced over the weekend. Negotiations between purchaser Alex Meruelo’s company and seller Stockbridge Capital Partners were expected to be finalized by September, but will now probably be delayed until at least early 2018. San…Read More

UK Bookmakers Expecting New Restrictions on FOBTs

UK terminal betting limits

Bookmakers in the United Kingdom are expecting to be hit with tough new restrictions on fixed-odds betting terminals (FOBTs) when the results of a government review are published sometime this week. According to a report in The Guardian, government sources have indicated that the report will recommend three different maximum betting levels, all of which…Read More

Wynn Plans to Start Work on 47-Story Hotel in January

Wynn Paradise Park

Wynn Resorts chairman and CEO Steve Wynn described details of his Paradise Park project during an earnings call on Thursday, plans that include the building of a new hotel tower that will be 47 stories tall and include 1,500 rooms. The Paradise Park project will require the closure of the golf course that is currently…Read More

Macau Coffers Have Collected Over $8.5 Billion in Gaming Taxes in 2017

Macau government gaming tax 2017

The Macau government is benefiting from the return of VIP play to the region’s casino resorts in 2017. Through September, the city’s coffers have taken in MOP 68.64 billion ($8.54 billion) in gaming tax revenue, an increase of 17.5 percent compared to the same nine months in 2016. The surge in taxes is due to…Read More

Casino Magnate Sheldon Adelson No. 14 on Forbes List of Wealthiest Americans with $35.4B

Sheldon Adelson

Las Vegas resident Sheldon Adelson has built a casino empire with his Las Vegas Sands Corporation and he continues to be one of the wealthiest people in the US. The 84-year-old was ranked at No. 14 on the Forbes 400, a catalog of the country’s richest people. While Adelson’s position from last year didn’t change…Read More

Police Say Rugby Players Passed Inside Info to Gamblers

NRL Match-Fixing

Police say that players in Australia’s National Rugby League (NRL) provided insider information to gamblers, though their match-fixing investigation did not lead them to believe that any of the four games they investigated were actually fixed. New South Wales police looked into four games that took place in 2015 and 2016 as part of an…Read More