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Wynn Resorts Dealt Highest Ever Fine in Nevada Gaming History Over Steve Wynn Sexual Misconduct Scandal

Wynn Resorts

The scandal that engulfed Wynn Resorts in 2018 was “not about one man,” said Nevada Gaming Commission member Philip Pro on Tuesday morning, it was about “a failure of corporate culture to govern itself.” The $20 million fine subsequently imposed on Wynn Resorts by the commission is the highest ever in its history. But the…Read More

South Dakota’s Yankton Casino Bill is Dead Wood, Signature-Gathering Only Hope for Ballot

Yankton casino

The South Dakota Senate on Monday torpedoed a legislative push to break Deadwood’s commercial casino monopoly in the state and authorize a casino in Yankton. Bill SJR5 would have established a statewide referendum on a proposed constitutional amendment to allow the licensing of a casino in the city of 23,000 on the southern border with…Read More

Marina Bay Sands is the World’s Most Profitable Casino But It’s Probably Past Its Best: Analyst

Marina Bay Sands

Analysis from the Motley Fool this week suggests that the best days of LVS Corp’s Marina Bay Sands, Singapore, may be behind it. That’s bad news for LVS because it derives a third of its EBITDA (earnings before interest, tax, depreciation and amortization) — some $1.5 billion — from this single property. Even if you’ve…Read More

Churchill Downs Close to Completing Rivers Casino Deal as Illinois Eyes Sports Betting

Churchill Downs

Kentucky-based Churchill Downs Inc (CDI) is hopeful that the Illinois Gaming Board will approve its acquisition of a controlling stake in Midwest Gaming Holdings (MGH) at a hearing this Friday, March 2. MGH is the parent company of the Rivers Casino in the Chicago suburb of Des Plaines — the state’s top-performing casino — and…Read More

Virginia Casino Bill Clears General Assembly, But Public Vote Remains Speck on Horizon

Virginia casino bill

Virginia’s General Assembly passed a bill Saturday night that should pave the way for casino gaming and sports betting in the state. Substitute Senate Bill 1126 is compromise legislation that will authorize referenda in Bristol, Danville, Portsmouth, Richmond and Norfolk — potential host cities of casinos – to give local voters the final say. But nothing…Read More

Las Vegas Hits Cold Streak, Flights Grounded, Roads Closed Due to Rare Snow and Ice

What are the odds of snow falling in the desert three times in one week? Having seen an inch on Sunday night and several more on Wednesday, Las Vegas’ Westgate Sports Book was offering 60-1 for a third flurry. But those odds soon began dropping as quickly as the temperature. By Thursday afternoon, Las Vegas…Read More

Daisy Ho: Shareholder Alliance Will Bolster SJM Holdings’ Pursuit of New Macau License

Daisy Ho

Daisy Ho, chairman of Macau casino giant SJM Holdings and daughter of casino tycoon Stanley Ho, told Bloomberg this week a new alliance among shareholders will strengthen the business as it prepares to bid for a new gaming license in the world’s biggest gambling hub. It was Daisy’s first interview since Pansy Ho announced last…Read More

SJM to Complete Karl Lagerfeld Hotel at Grand Lisboa Palace in Honor of Iconic Designer

Karl Lagerfeld

Asian casino giant SJM Holdings has said the Karl Lagerfeld-designed hotel tower of its under-construction Grand Lisboa Palace resort will be completed as a “legacy to Lagerfeld’s creative genius.” The 85-year-old German-born fashion designer and longtime creative director of Chanel and Fendi died on Tuesday morning in a Paris hospital. The cause of death had…Read More

Sheldon Adelson-Backed Israeli Lunar Mission Prepares for Blast Off Friday

Sheldon Adelson

First, he conquered Las Vegas, then Macau, now… the moon! An Israeli space project, SpaceIL, bankrolled by LVS chairman and CEO Sheldon Adelson is preparing to launch from Cape Canaveral, Florida, on Friday from Elon Musk’s SpaceX Falcon 9 launcher. From there, it will slingshot around the Earth at least six times before making expected…Read More

Appeal Launched After Alleged $3 Million Star Casino Sydney Cheating Ring Acquitted

Star Sydney

Prosecutors in New South Wales, Australia are appealing a decision that saw three people accused of cheating the Star Casino Sydney out of A$3 million ($2.14 million) sensationally walk free late last year, reports The Sydney Morning Herald. Two high-rolling gamblers and a dealer at the Star were alleged to have used sleight of hand…Read More

El Paso’s Tigua Pueblo Tribe Ordered to Shutter Speaking Rock Casino, Ops Ruled Illegal Under Texas Law

Speaking Rock

The Ysleta del Sur Pueblo tribe — also known the Tigua Pueblo — has been dealt a body blow in its 25-year battle with the State of Texas over its right to operate casino-style gaming on its El Paso reservation, Texas Monthly reports. On Thursday, US District Judge Philip Martinez issued an injunction to halt…Read More

Suffolk Downs Files Incendiary New Claims Against Former Massachusetts Gaming Commissioner, Everett Mayor in $3 Billion Wynn Resorts Lawsuit

Wynn Resorts

Sterling Suffolk Racecourse LLC – owner of Massachusetts racetrack Suffolk Downs – has added two explosive new claims to its lawsuit against Wynn Resorts, which seeks to demonstrate the company “conspired to fix” the 2014 bidding process for a single license to build a casino in the Boston area. Amended complaints accuse Everett Mayor Carlo…Read More

Casino Guest Free to Sue Harrah’s Resort Atlantic City After Sun Deck ‘Cooked’ His Foot

Harrah’s Resort

A guest at Harrah’s Resort, Atlantic City whose diabetic neuropathy meant he failed to realize his foot was “cooking” as he stood on a sun deck can sue the casino company, a federal judge in New Jersey ruled Friday. reports that Philadelphia resident Howard Thompson’s condition causes damage to the sensory nerves in the…Read More

Judge Rules Pequots Can Revive Lawsuit Against Former Interior Sec. Zinke, Alleging Filibustering on East Windsor Casino

Ryan Zinke

A federal judge in Washington D.C. ruled Friday that the Mashantucket Pequot tribe of Connecticut can renew a lawsuit against former Interior Secretary Ryan Zinke, Politico reports. The suit, which was initially dismissed last year, accuses the Department of the Interior of illegally blocking approval of a Connecticut casino, allegedly bowing to political pressure from…Read More

Police Officer Justified in Shooting Dead Man Armed with CO2 Gun at Montana Casino, Inquest Rules

A police officer who shot and killed a man in a casino in Billings, Montana, was justified in his use of deadly force, despite the fact the suspect was armed only with a CO2 gun, an inquest at Yellowstone County District Court ruled Thursday. Sgt. Bret Becker could not have known that Shawn Michael Hubbard’s…Read More