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5348 stories by Casino.org Staff Writer

Atlantic City tourism statistics

Atlantic City Tourism Report Provides Plenty of Optimism for Casinos

Atlantic City tourism statistics indicate that the region's seven remaining casinos are benefiting from the October closure of the Trump Taj Mahal. But they aren't just poaching from the shuttered resort, but also generating new visitations to the beachfront town. According to...

Casino.org Staff Writer September 19, 2017
TOUR Championship odds Jordan Spieth

PGA Tour Tackles Gambling in Golf as Bettors Like Spieth, DJ, Fowler for TOUR Championship

This weekend's TOUR Championship has a total purse just short of $34 million when payouts from the FedEx Cup Playoffs are factored in. The winner of the tournament will receive $1.575 million, and the final player sitting atop the FedEx Cup point...

Casino.org Staff Writer September 19, 2017
Kentucky House Minority Caucus Chair Dennis Keene casino bill

Kentucky Lawmakers Turn to Casinos to Fix $33 Billion Pension Shortfall Crisis

Kentucky is facing a pension deficit of alarming proportions. By the latest conservative estimates, the Bluegrass State is some $33 billion short of the funds it needs to pay retired public employees over the next 30 years. And now, two State House...

Casino.org Staff Writer September 19, 2017
Casablanca Casino Hotel Stotsenberg PAGCOR

Shuttered Casablanca Casino in Philippines to Reopen Soon, Aussie Financiers Say

A Philippines casino shut down by the Philippine Amusement and Gaming Corporation (PAGCOR) in February will be ready to reopen soon, according to the Australian investment group that bought the property a year earlier for $26 million. The Casablanca Casino in Angeles...

Casino.org Staff Writer September 18, 2017
MGM Bridgeport, Connecticut proposal

MGM Blindsides Connecticut with Surprise $675 Million Bridgeport Casino Bid

MGM Resorts on Monday submitted a shock bid to build a $675 million casino in Bridgeport, on Connecticut’s southwest coast and within travelling distance from New York City. The casino giant’s apparently unsolicited proposal has rolled a political grenade into Connecticut, which...

Casino.org Staff Writer September 18, 2017
Megabucks jackpot Fiesta Henderson

$10 Million Megabucks Jackpot Hit at Henderson Casino by New Local

A Megabucks jackpot totaling $10,192,522.80 was hit at the Fiesta Henderson Hotel and Casino over the weekend by a man who only recently moved to the state of Nevada. Roger, who withheld his last name while talking to the Las Vegas Review-Journal,...

Casino.org Staff Writer September 18, 2017
Glenn Straub denies knowledge of Revel bid

Straub Dismissive of Suitor’s $225 Million Offer for Revel Casino in Atlantic City

Revel, Atlantic City has a determined suitor, although its current owner, the eccentric Florida property developer Glenn Straub, is either oblivious or he’s playing it coy. New York-based private investment firm Keating & Associates has announced it has offered $225 million for...

Casino.org Staff Writer September 18, 2017
College Football Week 3

Alabama, Clemson Hold Top Two Spots in College Football Poll

For the third consecutive week Alabama was voted the No. 1 college football team in the country, but its stranglehold on the top spot is loosening. The Crimson Tide, who were also the preseason top selection, are being challenged by last year’s...

Casino.org Staff Writer September 18, 2017
Tilman Fertitta Golden Nugget

Casino Billionaire Tilman Fertitta Borrowing $1.4B to Finance Houston Rockets Purchase

Tilman Fertitta, the billionaire owner of Golden Nugget casinos and star of the CNBC series Billion Dollar Buyer, announced last week a senior note offering scheduled to raise $1.415 billion in capital that he's expected to use to acquire the Houston Rockets...

Casino.org Staff Writer September 18, 2017
Japanese Prime Minister Shinzo Abe mulls snap election

Japan Snap Election Threatens to Pigeonhole Casino Regulation Rollout

Japanese Prime Minister Shinzo Abe is mulling the idea of an October snap election in a bid to consolidate power in the Diet while opposition is weak. But such a move would delay the process of casino regulation until next year, analysts...

Casino.org Staff Writer September 18, 2017