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James Packer’s New $200 Million ‘Giga-Yacht’ Ready for Maiden Voyage — And It’s Bigger than Steve Wynn’s

James Packer

They say money can’t buy happiness, and billionaire casino mogul James Packer’s recent descent into the doldrums would seem to attest to that. The tycoon resigned from the Crown Resorts board last year, citing “mental health reasons,” and is reported to be in LA recuperating from depression and anxiety and becoming ever more reclusive. So,…Read More

Slots Supervisor Accused of Rigging Jackpots at Mississippi Casino Says She Hasn’t Got the Money

Silver Slipper

A former slots supervisor at the Silver Slipper Casino in Bay St. Louis, Mississippi is facing felony charges of embezzlement over accusations she fixed slot-machine jackpots, allegedly pocketing at least $36,000 via 81 false transactions, The Biloxi Sun Herald reports. Geavoni Reese, 28, of nearby Waveland, was tasked with responding to customers who reported issues…Read More

Ohio House Bill Calls for State Lottery to Run Sports Betting at Casinos, Racinos

Two Ohio lawmakers have introduced a bill that would legalize sports betting and allow the state’s lottery to manage it. On Tuesday, state Reps. Dave Greenspan (R-Westlake) and Brigid Kelly (D-Cincinnati) unveiled their proposal that calls for the creation of a Sports Gaming Advisory Board. The lawmakers hope to generate additional funding for public education…Read More

North Carolina Senate Overwhelmingly Approves Sports Betting for Tribal Operators

North Carolina sports betting

On Tuesday, a North Carolina sports betting bill received an emphatic thumbs up from the State Senate, moving one step closer to establishing legal sports books in the state – or at least in one tiny corner of it. Sen. Jim Davis’ (R-50th) bill would permit casinos run by Native American tribes to offer sports…Read More

BC Regulator Report Exonerates River Rock Casino From Money Laundering But Journalist Says It’s Flawed

Money laundering

A British Columbia Lottery Corporation report has apparently cleared the River Rock Casino in Richmond of wide-scale money laundering, Global News reports, despite the dirty-cash scandal that has engulfed the Canadian province’s casino sector over the past few years. A separate report commissioned by BC attorney general David Eby and published last year concluded the…Read More

British Army Claims It Has Eradicated Illegal Casinos From Its Corner of Cyprus

British Army

British military police in Cyprus have said they have effectively wiped out illegal casinos from the vicinity of the two British Army bases on the island. News of the operation comes after Macau-based gaming giant Melco announced it would begin the construction this month of the City of Dreams Mediterranean, which promises to be Europe’s…Read More

Cambodia Casino Subjects Eight Chinese Gamblers to Backroom Beatings

Sihanoukville

A casino in Sihanoukville, Cambodia, is accused of beating eight Chinese gamblers suspected by casino management of cheating. According to several reports in mainland Chinese and local Cambodian media, staff at the unnamed casino took the law into their own hands in the western Cambodian town, which has quickly grown into a Chinese casino hub…Read More

MGM Resorts Enters Ohio Gaming Market as MGM Northfield Park Opens Its Doors

Northfield Park

From Wednesday, gamblers visiting the Northfield Park racino, near Cleveland, will be greeted by a seven-foot-tall statue of Leo the Lion. That’s because the track, known as “the Home of the Flying Turns” and for its motto “Every nineteen minutes the place goes crazy,” is now an MGM Resorts property. Formerly the Hard Rock Rocksino Northfield Park,…Read More

Macau High-Rollers Fixated on Room Size, While American Gamblers More Dazzled by Luxury Hotel Amenities

The size of hotel rooms tends to matter to especially VIP guests at Macau resort casinos, but may be less important to gamblers on the Las Vegas Strip, where snazzy amenities make guests feel special over square footage per se. MGM Cotai Fighting for Higher-End Guests As an example, Macau’s MGM Cotai has an average…Read More

Wynn Resorts Makes $7.1 Billion Play for Australia’s Crown Resorts (But Not for Long)

Crown Resorts

UPDATE 10:00 am PT April 9 — It’s a “thanks but no thanks” from Wynn Resorts to Crown, after the potential buyer walked away in a huff following the leaked revelations of a possible merger hit the media. The Associated Press in Sydney, Australia — where Crown is located — published the following less-than-friendly statement…Read More

Florida Reopens Compact Negotiations with the Seminoles But Tribe Holds the Cards

Seminoles

Florida lawmakers are conducting behind-the-scenes talks with the Seminole tribe of Florida in a bid to flesh out a new compact, The Herald-Tribune reports. At stake is the roughly $350 million in slots revenue the tribe shares with the state each year under the terms of a 2010 compact that expired in 2015. The tribe…Read More

Bruce Deifik Dies in Colorado Car Crash, Ex-Casino Owner Faced Financial Struggles, Sexual Harrassment Claims

Bruce Deifik — the 64-year-old former owner of Atlantic City’s Ocean Resort Casino — died late Sunday in a Denver, Colorado car crash — which came just months after he lost control of the once-promising gaming venue and faced harassment claims. Deifik was reportedly driving at a “low speed” on city streets when he suffered…Read More

Osaka Mayor and Governor Swap Jobs in Local Elections to Keep Casino Vision Intact

Osaka casino

In a risky political maneuver, the Osaka City mayor and Osaka Prefecture governor swapped jobs on Sunday in a move that bodes well for the administration’s ambition to host Japan’s first integrated resort. With both approaching the end of their terms, former mayor Hirofumi Yoshimura and former governor Ichiro Matsui resigned from their positions last…Read More

Hard Rock to buy JACK Cincinnati Casino, Turfway Park in $780M Deal

JACK Entertainment LLC announced on Friday morning that it reached an agreement to sell its casino in Cincinnati, Ohio and Turfway Park, a horse racing facility in northern Kentucky, to Hard Rock International. Parties involved in the $780 million deal expect it to close later this year. The sale also will require regulatory approvals at…Read More

Genting Borrows $1 Billion to Finish Resorts World Las Vegas

Resorts World Las Vegas

Malaysian casino giant Genting announced in a filing to the Malaysian stock exchange, Bursa Malaysia, Wednesday that its Las Vegas subsidiary, RWLV, had sold a $1 billion, ten-year bond to finance the completion of the $4 billion Resorts World Las Vegas. The project, which will be the Las Vegas Strip’s first new megaresort in more…Read More

Federal Court Sides With New Mexico Tribes Over $60 Million Bill on Non-Existent Revenues

New Mexico tribes

A federal judge in New Mexico has ruled the states’ assertion that six of its tribal operators owe millions in revenue-share back payments is based on flawed accounting, The Santa Fe New Mexican reports. In 2017, the New Mexican Gaming Control Board requested payment of more than $60 million from most of the state’s 14…Read More

LVS to Pump $3.3 Billion into World’s Most Profitable Casino: Marina Bay Sands, Singapore

Marina Bay Sands

Sheldon Adelson’s Las Vegas Sands Corp is to plow $3.3 billion into revamping and expanding its Marina Bay Sands resort in Singapore — the richest casino company in the world’s most profitable property. In a filing to the Securities and Exchange Commission Wednesday, LVS said it had reached agreement with the Singapore Tourism Board to…Read More

Rhode Island Loses $890,000 in February Sports Betting Leading State to Revisit Predicted Totals

Rhode Island lost over $890,000 on sports betting in February, with most of the blame being placed on loyal Patriots’ fans siding with the victorious home team in the Super Bowl. After New England defeated the Los Angeles Rams, 13-3, Rhode Island saw only $150,000 in revenue from sports betting at the Twin River casinos. There…Read More

Hard Rock Las Vegas Transformation into Virgin Hotel Delayed Until After 2020 Presidential Election

Hard Rock Las Vegas

The Hard Rock Las Vegas’ metamorphosis into a Virgin-branded hotel-casino has been pushed back in a bid to avoid its opening ceremony being upstaged by the 2020 US presidential election. Sir Richard Branson’s Virgin conglomerate — which bought the resort last year for an undisclosed sum, in partnership with a group of hedge funds and…Read More

Two More Pennsylvania Casinos File for Sports Betting Despite Relatively High Tax, License Fees

More Pennsylvania casinos want to jump on the sports-betting band wagon, as two gaming venues applied for licenses in the last week. Mount Airy Casino Resort in Mount Pocono filed its application on March 29 and Mohegan Sun Pocono in Wilkes-Barre filed on March 27. The Pennsylvania Gaming Control Board (PGCB) is likely to consider…Read More

Wynn Macau 60-Cent Dividend for 2018 Follows Cautious Approach by Casino Company

Wynn Macau Ltd. plans to pay a 60-cent-per-share final dividend for 2018 — which analysts say is the lowest amount in five years — and suggests that company officials continue to be vigilant when it comes to the company’s future. The dividend — which still needs shareholders’ approval — was announced on Thursday and is…Read More

Louisiana Sports Betting Bill Would Seek Voter Approval by Parish

Louisiana sports betting

A Louisiana sports betting bill, pre-filed last week in preparation for the start of the new legislative session on April 8, could pave the way for sport books at the state’s racetracks and casinos — but only if locals agree. Senator Danny Martiny’s (R-Metairie) bill would authorize sports betting on a parish-by-parish basis in the…Read More

High Roller Won’t Pay $41.5 Million Baccarat Loss Because ‘Dealer Made Mistakes’

Star Gold Coast

A Singaporean baccarat whale who was flown into Star Gold Coast Casino on its private jet in the hope that he would drop millions at its high-stakes tables initially didn’t disappoint. According to court documents, businessman Wong Yew Choy arrived at the Queensland casino on July 26 and, by August 1, had managed to blow…Read More

Judge Asked to Consider $60 Million Class-Action Lawsuit Over Casino Rama Cyber Attack

Casino Rama

Lawyers for Casino Rama in Orillia, Ontario at a Superior Court hearing on Thursday denied that as many as 200,000 people had been affected by a hacker who breached its servers in 2016 and stole sensitive customer information — they put the figure at 10,000 to 11,000, the Canadian Press reports. A judge said a…Read More

Spectacle Entertainment Indiana Casino License to Come with $100M Tab for Move to Dry Land in Gary

An Indiana legislative committee Wednesday made it harder for home-grown gaming operator Spectacle Entertainment to open two land-based casinos, after legislators imposed a $100 million fee to reassign one license from a current Lake Michigan location to a nearby property on dry land in Gary. Lawmakers also proposed taking the second license away from the…Read More