Areas of Expertise
5348 stories by Casino.org Staff Writer
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...
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...
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...
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...
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...
$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,...
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...
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 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...
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...