5349 stories by Casino.org Staff Writer
Sportsbooks Getting Hurt by NFL Favorites Covering Spreads
Bettors of the NFL are learning this season it is probably smart to wager on the favorite. They have been dominating at the window, covering at a 60 percent mark against the spread and sportsbooks are taking a hit because of it....
Caesars Entertainment Selling Harrah’s Las Vegas Real Estate to Generate Capital
Caesars Entertainment is fresh out of Chapter 11 bankruptcy, and the casino conglomerate is ready to get back into the game of purchasing new assets. To accomplish that goal, the company needs cash. In a capital-generating move, Caesars has decided to sell...
Penn National Questions Fairness of PA Satellite Casino Rules
When Pennsylvania decided to allow for smaller satellite casinos as a part of their recent gambling expansion, state lawmakers made sure to protect existing casinos by ensuring they couldn’t be placed too close to existing venues. But according to Penn National, not...
Russia 2018 World Cup Draw Produces Mostly Balanced Matchups for Group Stage
The official draw for the 2018 FIFA World Cup was held in Moscow on Friday, and produced a draw that doesn’t threaten any tournament favorites. Opening odds at sportsbooks responded to the parity by moving little, leaving bettors to guess where they’ll...
Macau Casinos Post 16th Consecutive Monthly Revenue Gain, November Win Totals $2.87 Billion
Macau casinos generated gross revenue of 23 billion patacas ($2.87 billion) last month, which represents a 23 percent gain on November 2016 and marks the enclave's 16th straight month posting a year-over-year percentage increase. The financial statistics outpaced the general consensus growth...
Melco Pledges to Move Headquarters to Japan if it Receives Casino License
Melco Resorts & Entertainment Chairman Lawrence Ho has vowed to do “whatever it takes” in order to get into the Japanese casino market when it opens. That commitment now includes a pledge to move the company’s headquarters to Japan should it receive...
Las Vegas Strip Revenues Fall in October, Mandalay Bay Tragedy Continues to Impact Casinos
The Las Vegas mass shooting on October 1 led to a decrease in gambling revenue last month, as Strip casinos saw their wins lowered by six percent. The lower intake was anticipated following the Mandalay Bay shooting that slaughtered 58 country music...
Connecticut’s Foxwoods Casino Can Stay Mum on Fatality, Thanks to Gaming Compact
A little-known Connecticut gaming compact clause means the state's Foxwoods Casino, run by the Mashantucket Pequot Tribal Nation, won't have to disclose details of how a patron died on property. In-House Fatality On October 24, Mashantucket Pequot police said they responded to...
College Football Betting Threatens to Surpass NFL at Vegas Sportsbooks
When it comes to sports betting in the United States, there’s no doubt that football is king. But while the NFL has historically been the main driver of that wagering, many sportsbooks are now saying that college football has become the game...
No Verdict in Atlantic City PILOT Lawsuit Challenging Casino Tax Plan
The Atlantic City PILOT (Payment in Lieu of Taxes) program that allows the town's remaining casinos to pay a flat property tax instead of fluctuating payments based on assessments was back in court on Thursday. Superior Court Judge Julio Mendez listened to...
