5349 stories by Casino.org Staff Writer
Bet365 Revenue Hits $2.8 Billion Over Last 12 Months, Profits Soar 10 Percent
Bet365 generated £2.15 billion ($2.83 billion) in revenue during its latest fiscal year, marking the first time in company history that the UK online sportsbook and casino operator surpassed the £2 billion milestone. According to a financial release, Bet365 saw gross revenue...
Ladbrokes Coral Fined £2.3 Million for ‘Social Responsibility Failures’ with Problem Gamblers
The UK Gambling Commission has issued a £2.3 million ($3 million) fine against Ladbrokes Coral, after the company failed to stop two customers from gambling and losing about £1.3 million ($1.7 million) in stolen funds. The bets were taken through Gala Interactive...
M Resort Robbed Three Times at (Fake) Gunpoint, Evangelist Pastor Arrested
Gregory Bolusan, a local pastor, has been arrested and charged for allegedly robbing Penn National Gaming's M Resort casino at the far south end of Las Vegas Boulevard. Bolusan, who was listed as the senior pastor at Grace Bible Church on Monday...
DraftKings Would Consider Becoming Sportsbook on PASPA Repeal, For Now Will Stream EuroLeague
DraftKings CEO Jason Robins tells Bloomberg that the daily fantasy sports (DFS) company would consider transitioning into an online sportsbook in the United States should there be a change to the federal law that currently bans sports betting in all but four...
Longshot Rekindling Wins Melbourne Cup, Makes Man $1 Million
Longshot Rekindling captured one of the world’s richest horse races at Tuesday’s Melbourne Cup in Australia and made one man a millionaire. The annual horserace attracts approximately 90,000 fans to Flemington Racecourse and the two-mile contest has a purse of $6.2 million...
Pennsylvania Gambling Expansion Could Take a Year to Enact
The Pennsylvania gambling expansion package signed into law last week by Governor Tom Wolf (D) could take over a year to fully implement, as the 970-page bill creates several new regulatory gaming markets and interlaces legal complexities to the state's casino industry....
Genting Singapore Sees Surging Earnings and Profits in Third Quarter
High rollers spent more money than expected at Resorts World Sentosa, helping drive strong earnings and profits in the third quarter for Genting Singapore. Quarterly profits rose 35 percent year-over-year for the operator, thanks largely to stronger volume from VIP and premium...
Anne Arundel County Approves PILOT Tax Relief for Maryland Live! Casino
Anne Arundel County Council approved a PILOT (Payment in Lieu of Taxes) measure last night that will ease Maryland Live's tax responsibility by $1.2 million a year for 30 years, a total reduction of $36 million. The PILOT was reached by Anne...
GOP Tax Reform Could Increase Cost of Las Vegas Raiders Stadium by $100M
Tax exempt bonds financed from a hotel charge on Las Vegas casino resorts being used to build Raiders Stadium could increase the cost if a provision in federal tax code legislation is approved. House Republicans unveiled their tax plan Thursday, and part...
Set to Break 2016 Record, Las Vegas Shooting Threatens New Visitation Highs
Las Vegas tallied a record 42.9 million visitors last year, and the city was poised to set a new high in 2017. Visitor arrivals totaled 32.1 million through September, and while that's a 1.1 percent drop, several indicators pointed to October being a...
