5349 stories by Casino.org Staff Writer
Melco Resorts Billionaire Lawrence Ho Divesting Shares in Russia Casino Tigre de Cristal
Hong Kong billionaire Lawrence Ho is selling his interest in the Tigre de Cristal casino resort in Russia's Far East. In an announcement filed with the Hong Kong Stock Exchange, Summit Ascent, the corporate entity that owns the Vladivostok property, said Ho,...
IGT Awarded $800,000 from Paradise Entertainment Following IP Quarrel
Paradise Entertainment Ltd will pay the world’s largest casino equipment provider, International Gaming Technology (IGT), $800,000 to settle an intellectual property dispute, according to a filing to the Hong Kong Stock Exchange on Thursday. The squabble arose following a 2016 deal in...
Las Vegas Hosts Counterterrorism Debate as City Confronts Security Challenges
Las Vegas is no stranger to security issues, and the city is certainly on heightened alert following the October 1 mass shooting that left 58 people dead and over 500 others injured. Those concerns were again on display Monday, when the University...
Taking a Gamble in 2017: With Skin in the Game, How I Bet, Won Big, and Lost a Little This Year
When people hear that I write about gambling, they usually assume that I hit the tables with gusto. The truth, though, is that I’ve spent enough time around sharp players, casino bosses, and game-designers to know better. Take it from me: randomly...
North Jersey Casino Would Bankrupt Upstate New York Resorts, Analyst Opines
The North Jersey casino ballot referendum to end Atlantic City's gambling monopoly in the state was strongly defeated by voters during the November 2016 election. That was great news for commercial casinos then under construction in Upstate New York, but next fall...
Pennsylvania Satellite Casino Auction Schedule Released, Bidding Begins Next Month
Ten satellite casinos are up for grabs in Pennsylvania, and the bidding war, at least that's what state lawmakers are hoping for, is slated to begin next month. The Pennsylvania Gaming Control Board (PGCB) announced yesterday that the first round of auctions...
Sunday’s Pittsburgh-New England Game Could be AFC Championship Preview
Pittsburgh and New England are the top two teams in the AFC and are playing Sunday in what could be a sneak peak at the AFC Championship a month from now. The Patriots are traveling to the Steel City and are a...
Crown Resorts Unloads Assets to Pay Down Debt, James Packer Snags Sydney Penthouse for $60 Million
Australian casino operator Crown Resorts is divesting various assets in order to raise $700 million in capital and pay down company debt. Crown confirmed yesterday that Wynn Resorts is purchasing its 34.6 acres located along the Las Vegas Strip for $300 million....
Fontainebleau Becomes Project Blue with Hope for Revitalized North Las Vegas Strip
The new owners of the Fontainebleau have renamed it Project Blue and are hoping to get the abandoned resort project in the black. New York developer Steve Witkoff and Miami investment firm New Valley are resuming construction and there may be hope that the...
Philadelphia City Council Votes 17-0 Against Satellite Casino
The Philadelphia City Council unanimously voted 17-0 against allowing a Category 4 gambling venue, the so-called "mini-casinos," from being placed within its downtown area. Local officials also voted against allowing qualified diesel truck stops from housing video gaming terminals (VGTs). Council members...
