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Las Vegas Strip Waldorf Astoria Window Pane Appears to Spontaneously Shatter and Fall 23 Stories Down: VIDEO

Waldorf Astoria Las Vegas

Not even one month since the Waldorf-Astoria took over the former casino-less Mandarin Oriental on the Las Vegas Strip, it’s already had its first scandal: a huge window pane on the 23rd floor of the Strip property suddenly shattered early Thursday morning, causing huge chunks of glass debris to fall on the sidewalk below. And it…Read More

Tiger Resort Becomes Latest Casino Operator with Plans to Open in Japan

Tiger Resort Japan branch

Tiger Resort, Leisure and Entertainment has become the latest casino operator to announce that it will be opening in Japan, further intensifying the competition for gaming licenses in the country. The announcement was made by Tiger Resort’s parent company Universal Entertainment Corp., which itself is headquartered in Japan. Tiger Resort is based in the Philippines,…Read More

Nevada Resort Association Says Marijuana Lounges Would Create Regulatory Headache for Casinos

Las Vegas marijuana Nevada Resort Association

The Nevada Resort Association (NRA) is urging Las Vegas officials to delay considering a local ordinance that would authorize marijuana consumption lounges. The voice of the gaming and resort industries in the Silver State, the NRA says such marijuana facilities would create “unique challenges” for nearby casinos. In a letter sent to Las Vegas Mayor…Read More

New Jersey Gov. Phil Murphy Says State Will Retain Control of Atlantic City, Backpedals on Campaign Promise to Hand Back Power

Phil Murphy Atlantic City takeover

New Jersey Governor Phil Murphy (D) says the state’s takeover of Atlantic City will remain in place despite repeated promises made by the politician on the campaign trail that his administration would hand back control to local leaders. A study commissioned by the governor released this week concluded that it’s in Atlantic City’s best interest…Read More

Westgate Las Vegas SuperBook Announces Turnkey Product, Seeks Partnerships Outside Nevada

Westgate Las Vegas SuperBook

The Westgate Las Vegas casino is taking its SuperBook on the road, with the resort company announcing this week that a new turnkey product based on its popular sportsbook will soon be available in states outside of Nevada. Proclaimed the world’s largest sportsbook, the Westgate SuperBook plans to expand its operations through new partnerships with…Read More

Federal Judge Rejects Ban on Pennsylvania Casino Political Campaign Contributions

Pennsylvania casino

A court in Pennsylvania on Wednesday struck down a law that prohibits casino industry stakeholders from donating to political campaigns in the state. Since it legalized casino gaming in 2004, Pennsylvania has maintained a blanket ban on contributions of any amount by anyone with “even an attenuated connection” to the gambling industry to act as…Read More

Bryson DeChambeau, Justin Rose Favorites to Win $10M FedEx Cup

Bryson DeChambeau golf odds FedEx Cup

Bryson DeChambeau and Justin Rose, two of the five players who control their own destinies this week at East Lake Golf Club in Atlanta, are the odds-on favorites to win the 2018 FedEx Cup and its $10 million top prize. The top five point leaders heading into the Tour Championship, the last of four FedEx…Read More

Three Indicted for $364 Million Ponzi Scheme Squandered $25 Million in Casinos, Say Feds

Ponzi scheme

Three men accused by the FBI of operating a $364 million Ponzi scheme allegedly blew $25 million on high-stakes casino gambling, according to an indictment unsealed following their arrests on Tuesday. Kevin B. Merrill, of Towson, Maryland, Jay B. Ledford of Westlake, Texas, and Cameron R. Jezierski, of Fort Worth, Texas, were indicted by a…Read More

Atlantic City Casino Reinvestment Development Authority Responds to State Audit Criticism, Including Massive Miss America Funding Bump Amid Plummeting Ratings

Atlantic City CRDA Miss America

Atlantic City’s Casino Reinvestment Development Authority (CRDA) held its first meeting since New Jersey State Auditor Stephen Eells’ office released a scathing report on what it claims are the agency’s mismanagement and misuse of tax funds. Last week, the state audit concluded that the CRDA “did not always ensure an effective and efficient use of…Read More

MGM Resorts-Invested Hedge Fund Wants Company to Sell Macau Casinos, Merge Real Estate Trust

MGM Resorts stock Jim Murren

MGM Resorts is the latest publicly traded casino company with an activist hedge fund that doesn’t intend to sit back and collect profits without having a voice in the gaming operator’s direction. Less than a week after revealing hedge fund HG Vora Capital had amassed a nearly five percent ownership stake in Caesars Entertainment, the…Read More

Las Vegas ‘Life is Beautiful’ Music Festival Attendees May Be in Denial of Security Risks Post-October 1 Shooting, Says Counter-Terrorism Expert

counter-terrorism Las Vegas shooting concert

Attendees to this weekend’s Life is Beautiful Music & Art Festival in Las Vegas should take proactive measures to assure their own safety, a local counter-terrorism expert is warning.That includes identifying exits and escape routes, as well as potential areas to take shelter. The three-day concert drew 137,000 attendees last year, and organizers expect this…Read More

Rapper Drake Drops $200K Gambling at Hard Rock Atlantic City After Sold Out Gig

Drake Atlantic City Hard Rock

Superstar rap artist Drake lost almost $200,000 gambling at the Hard Rock Casino in Atlantic City early Sunday morning, according to sources on the scene. After performing a sold-out show in Philadelphia at the Wells Fargo Center in part of his Aubrey & the Three Migos Tour, Drake and his entourage made the short commute…Read More

Macau Typhoons and Trump Tariffs Hit Chinese Gaming Enclave With Equal Force

Typhoons and Trump tariffs: multiple storms are raging around Macau’s gaming industry and forecasters are starting to add up what it will mean to the industry’s bottom line. Japanese financial firm Nomura revised an earlier prediction of 15 percent gross gaming revenue (GGR) for the month of September, reducing it to 10 percent due to…Read More

Australian Researchers Find Link Between Video Game Loot Boxes and Problem Gambling

loot boxes video games gambling

Loot boxes, which are virtual containers offered in video games that award players various elements including skills, weapons, and cheat codes, can lead to higher instances of problem gambling, a study commissioned by Australia’s federal government concludes. A survey of 7,000 video gamers was compiled for the Australian Environment and Communications Reference Committee (ECRC), and…Read More

Lucky Dragon Las Vegas Files to Close Hotel After Unsuccessful Auction

Lucky Dragon Las Vegas bankruptcy

Owners of the Lucky Dragon in Las Vegas have asked a US bankruptcy court for permission to close its 203-room hotel after an auction held last week turned up fruitless. Developer Andrew Fonfa defaulted on a $90 million loan in January issued by San Francisco real estate investment group Snow Covered Capital (SCC). After no…Read More

Genting Deliberating Recovery of $400 Million Investment in Massachusetts Casino After DOI Leaves Tribe High and Dry

Mashpee Wampanoag

Malaysian casino giant Genting says it is “deliberating the appropriate course of action” in relation to $400 million loaned to the Mashpee Wampanoag tribe to build a $1 billion casino in Taunton, Massachusetts — a project that suddenly faces huge hurdles. In a filing to Bursa Malaysia this week, the country’s stock exchange, Genting notified…Read More

Pennsylvania Township Officials Deny Bribery Allegations Relating to Penn National Satellite Casino

Pennsylvania casino York Galleria

Springettsbury Township supervisors in York County, Pennsylvania, are firing back at allegations made by a resident that they were bribed by Penn National Gaming to allow the gaming company to develop a casino inside a local mall. Penn National, a nationwide regional casino operator based in the Keystone State, filed formal plans last week with…Read More

Floyd Mayweather vs. Manny Pacquiao Eyeing December Fight, Odds Favor ‘Money’

Floyd Mayweather Manny Pacquiao boxing odds

Floyd Mayweather and Manny Pacquiao are finalizing a deal that would put the two boxers back in the same ring for a rematch of their 2015 fight spectacle.     On Saturday, the two superstars announced they would indeed square off for a second time. Pacquiao told reporters in his native Philippines that the fight…Read More

Nevada Judge Allows Steve Wynn Defamation Lawsuit Against Former Salon Director to Proceed

Steve Wynn lawsuit defamation Las Vegas

Steve Wynn is suing former Wynn Las Vegas salon director Jorgen Nielsen on grounds that he purposely made false statements to media outlets regarding the billionaire’s alleged sexual misconduct. Attorneys for Nielsen requested the court dismiss the defamation lawsuit by citing anti-SLAPP (Strategic lawsuit against public participation) regulations, which seek to protect individuals from intimidating lawsuits…Read More

Hurricane Florence Wreaks Havoc on Carolinas, But Harrah’s Cherokee Resorts, Casino Boats Spared

Hurricane Florence Carolina casinos

Hurricane Florence, now downgraded to a tropical depression, is responsible for the deaths of at least 18 people in the Carolinas. The deadly storm has finally moved north, as Carolinians begin the painful and costly recovery process. Along with the lives lost, some 575,000 homes remain without power. Rivers and lakes continue to flood, roads…Read More

Macau Gambling Industry Takes $185 Million Hit as Typhoon Mangkhut Closes Casinos, Spares Hub from Worst Devastation

Typhoon Mangkhut

Typhoon Mangkhut caused a 33-hour emergency shutdown of Macau’s casino industry over the weekend, the first forced cessation of gaming in the enclave’s history. Operations were suspended at all 42 casinos from 11pm on Saturday night, local time, on the order of Chief Executive Fernando Chui Sai, reopening again on 8am on Monday. Mangkhut made…Read More

Caesars Entertainment Files Flamingo, Cromwell Trademark Protections in Macau

Caesars Entertainment The Cromwell Flamingo

Caesars Entertainment is focused post-bankruptcy on expanding its portfolio internationally, and trademark protection filings made this week in Macau show the company remains interested in the world’s richest gambling hub. The Macau News Agency reports that subsidiaries of Caesars have filed to protect the Flamingo and The Cromwell brands in the Chinese enclave. The filings…Read More

NASCAR Believes Sports Betting Could Grow Interest in Auto Racing

NASCAR odds sports betting Las Vegas

The 2018 Monster Energy NASCAR Cup Series Playoffs begin this weekend with the South Point 400 at Las Vegas Motor Speedway. And with the Strip roughly 15 miles south, and sportsbooks littered throughout the area, the topic of sports betting as it relates to auto racing has become a talking point heading into the 10-race…Read More

Macau Casinos Won’t Be Hit by Trade War Retribution: Analyst

Trade war

CLSA analyst Jonathan Galligan does not believe Macau’s casino sector will be detrimentally affected by Washington’s escalating trade war with Beijing, CNBC reports. Speaking at the annual CLSA Investors’ Forum in Hong Kong on Wednesday, Galligan, the firm’s head of Asia gaming and conglomerates, said it is “highly unlikely” that China will seek to apply pressure on…Read More

Graton Rancheria Indians Not Liable for $43 Million in Dispute with Sonoma Developer

A four-year long legal dispute between the Federated Indians of Graton Rancheria and Kenwood Investments, a real estate and development company in Sonoma, California, has been settled in the tribe’s favor. An arbitration panel ruled in favor of the tribe, saying they don’t owe the company $43 million to Kenwood for services rendered between 2002…Read More