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Rumors News

A little bit of gossip goes a long way – especially in the fast paced world of online gaming. We stay close to the grapevine to make sure we get you the juiciest details as quickly as possible.

Don’t be left out in the cold and stay clued up on who’s winning what, who’s busting out and who’s busting up with our rumor mill.

Philanderer Dan Bilzerian in Monogamous Relationship, Not Sure How Long He’ll Keep It Up

Sofia Bevarly

Dan Bilzerian, the “King of Instagram” who assumed his reign by posting thousands of pictures of his frolics with scantily clad women, high powered firearms, and luxury jets and cars, says he’s finally entering a monogamous relationship with a woman 16 years his junior. Bilzerian, 36, a self-proclaimed poker professional who cashed at the 2009…Read More

TEN Atlantic City Receives $220 Million Offer, But Owner Glenn Straub Knows Nothing About It

TEN Atlantic City Glenn Straub

TEN Atlantic City owner Glenn Straub claims he’s unaware of a $220 million offer to acquire his shuttered Boardwalk resort, despite media reports that a bid has indeed been made. The Press of Atlantic City says an unnamed private equity firm in New York City is trying to purchase the former $2.4 billion Revel Casino,…Read More

RAWA Language Rumored to Be Added to Appropriations Bill by Pennsylvania Representative Charlie Dent

RAWA Charlie Dent appropriations

Language from the Restoration of America’s Wire Act, aka RAWA, is reportedly being considered by US Rep. Charlie Dent (R-Pennsylvania) for inclusion into an upcoming federal appropriations bill. RAWA is the Sheldon Adelson-backed measure that would reverse a 2011 opinion issued by the Department of Justice (DOJ) and make all online gambling illegal under federal…Read More

Las Vegas Sands, MGM Have Upper Hand in Japan, Tokyo Likely Out for Integrated Resort Casino

Las Vegas Sands Adelson Murren

Las Vegas Sands and MGM Resorts are best positioned to be dealt coveted integrated resort (IR) casino licenses in Japan, which will be handed out at the very earliest sometime in 2018, as bids haven’t been accepted yet. That’s according to Morningstar, a prominent investment research firm, which believes the two gaming operators’ worldwide track…Read More

SLS Las Vegas, Closing in on New Ownership Deal, Hints at Readoption of Sahara Brand

SLS Las Vegas considers Sahara rebrand

The SLS, which sits on the northern end of the Las Vegas Strip where once stood the legendary Sahara, may be going back in time, at least as far as branding is concerned. The beleaguered casino property, which has already tried a multimillion renovation and bizarre modern art greeting arriving guests from its circular outdoor…Read More

Philippine Casinos Cleared by PAGCOR as Personal Troubles for Okada Mount

Kazuo Okada Manila

Billionaire Kazuo Okada is feeling the heat from investigations into his personal alleged improprieties, but Philippine gaming regulator says that shouldn’t affect the image of companies and casinos bearing his name. Japanese casino magnate Kazuo Okada might be in hot water, but his property, Okada Manila Casino is fine, according to the head of the…Read More

Japan Ponders 22 Percent Tax Rate as Fiscal Framework for New Casinos Emerges

Japan casino tax rates gambling bill

Future casinos in Japan will keep more of their overall gaming win than resorts in Macau. That’s according to reports that claim the country’s legislative body is likely going to implement a tax framework that mimics rates found in Singapore’s legalized gambling market. GGRAsia, an online media source that covers Asian gaming markets, says the…Read More

Okada Sues Wife and Children to Regain Control of Family Gambling Empire

Kazuo and Takako Okada

The Okada family is gambling royalty in Japan, and they appear to have descended into a dynastic power struggle over control of their vast business empire. Reuters reported Monday that patriarch Kazuo Okada, 74, is suing his son, daughter, and wife to wrestle back control of Okada Holdings, the corporate parent of Universal Entertainment, a…Read More

Lebron James Says Steph Curry Should Be Making ‘400 Million’ In The NBA

NBA offseason trades basketball odds

This summer’s NBA offseason has general managers and franchises scrambling to find a way to somehow compete against superteams Golden State and Cleveland next fall, and that’s forcing Nevada oddsmakers into continually updating their futures. The flurry of activity has already seen multiple superstars switch teams in hopes of providing better competition against the Warriors…Read More

James Packer Focus of Israeli Netanyahu Probe, Ex-Fiancee Mariah Carey Not Feeling Any Pain

Mariah Carey James Packer Netanyahu scandal

Australian billionaire casino mogul James Packer probably hasn’t had his best week ever. First, 19 employees of his company, Crown Resorts, were sent to prison in China for committing “gambling crimes” on behalf of the company, a fact that has severely embarrassed Crown and could trigger licensing reviews back home in Australia. Next, it emerges…Read More

Teddy Sagi Slashes Stake in Playtech, Ceding Control While Cashing Out

Teddy Sagi, founder of Playtech

Israeli Billionaire Teddy Sagi sold $430 million worth of shares in the online gaming software giant Playtech on Tuesday, giving up his majority stake in the company he founded in 1999. The sell-off caused Playtech’s shares to tumble nearly 3.4 percent in morning trading on Wednesday, after reaching an all-time high of £1,016 ($1,315) on…Read More

Malta Allegedly Failing to Aid Italian Prosecution of Online Gambling Site Reportedly Linked to Mafia

Malta mafia Nicola Gratteri

Malta is allegedly dragging its feet in responding to letters from Italian authorities who are seeking judicial assistance. Italy is probing a former gambling website that was previously licensed by the small island country. Italian prosecutor Nicola Gratteri revealed recently that Malta hasn’t replied to “letters of request,” essentially a formal ask from a foreign…Read More

Reuters Exposes Shell Companies Processing Online Payments for American Gamblers

My Fabric Factory exposed as “transaction laundering” site.

A report by Reuters this week exposed shell online retail companies that act as a front for processing illegal online gambling payments.    The news agency’s reporters uncovered a network of sites purporting to sell household goods, but which instead engage in a practice known “transaction laundering,” in which shell businesses process payments on behalf…Read More

DraftKings and Fan Duel Losing Hundreds of Millions, According to Leaked Documents

DraftKings and FanDuel lost hundreds of millions

DraftKings and FanDuel are hemorrhaging money, according to a 106-page merger document circulated by FanDuel to its investors back in January, and leaked to AXIOS this week. AXIOS reports that DraftKings has lost well into eight figures every year since its inception, expect for the year when it lost nine. In 2015, the year the…Read More

$43 Million Slots Jackpot Malfunction Lawsuit Challenges Casino’s Refusal to Pay

slots jackpot malfunction Resorts World

Katrina Bookman hit a slots jackpot last fall at Resorts World in Queens, New York, with her screen displaying that she had won $42.9 million. Or at least she thought. When the New York resident went to cash out her lucky ticket, casino personnel informed her the win was erroneous, and that the slot machine…Read More