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5349 stories by Casino.org Staff Writer

Kangwon Land Casino in South Korea

State-Run Casino in South Korea Admits to Scale of Its Own Corruption

  The largest casino in South Korea, Kangwon Land, has admitted to committing acts of nepotism on an industrial scale. The mea culpa appears to be an effort to show the state-owned casino’s new commitment to transparency, after it was rocked by...

Casino.org Staff Writer September 13, 2017
Las Vegas Hoover Dam

Luckiest Drunk in Las Vegas Swims Across Hoover Dam Power Generator, Avoids Death But Not Arrest

At the Hoover Dam, which traverses Clark County, Nevada and Mohave County, Arizona, well over 100 workers gave their lives to see it come to completion. And unofficial estimates have suggested that hundreds more may have jumped to their deaths there since....

Casino.org Staff Writer September 13, 2017
Pennsylvania Gov. Tom Wolf waiting for the House to resolve his budget woes.

Pennsylvania Budget Crisis Keeps Online Gambling Hopes Alive, Michigan Introduces Bill

The Pennsylvania legislature is back in session this week, as lawmakers reconvene to resume squabbling about an ever-elusive budget agreement that could, eventually, legalize online gambling. Urgency is growing, though, as the state could go broke on Friday for the first time...

Casino.org Staff Writer September 13, 2017
Choctaw Red Water Casino

Fight Over Choctaw’s Red Water Casino Project will be Decided by Voters

The fate of Choctaw Nation’s fourth casino in Mississippi will be decided by its more than 10,000 members and not tribal leadership. After a brief legal battle those opposed to the project were able to get a referendum for November 17. Chief...

Casino.org Staff Writer September 13, 2017
MGM Resorts Kirk Kerkorian

MGM Buys Back 10 Million Shares From Late Founder Kirk Kerkorian’s Estate

MGM Resorts is acquiring 10 million common shares of its own company from the estate of late billionaire Kirk Kerkorian, the man who founded the gaming and hospitality company in 1986. The deal values each share at $32.75, a one percent discount...

Casino.org Staff Writer September 13, 2017
Bookies to take 150 million hit from FOBT review

UK Bookies Stand to Lose £150 Million Per Year in Likely Outcome of FOBT Review

UK bookmakers will take a £150 million annual hit as a result of the UK’s regulatory review into fixed-odds betting terminals (FOBTs). That’s based on the most likely outcome of the review, which is expected to slash maximum stakes on the machines...

Casino.org Staff Writer September 13, 2017
Cleveland Indians World Series odds

Cleveland Indians Win Streak Hits 20, Tribe Now World Series Favorites in Las Vegas

The Cleveland Indians had basically wrapped up their Tuesday night game against the Detroit Tigers after their leadoff hitter Francisco Lindor hit his 30th homerun of the season to take a 1-0 lead. It would be all the Tribe needed, as ace...

Casino.org Staff Writer September 13, 2017
Nagaworld Casino in Cambodia

Cambodia Spurred by US State Dept. Rebuff to Overhaul Casino Regulations

Cambodia is the latest nation to introduce tighter regulations for its casino industry, in part to attract new investment from international operators. The move follows a US State Department report that described the country’s casino sector as “unregulated or under-regulated,” a designation...

Casino.org Staff Writer September 12, 2017
Enrique Razon, Jr., casino developer in the Philippines

Philippine Billionaire Enrique Razon Jr. Sells $74.7M Slice of Bloomberry Resorts

In a shuffling of assets to prepare for his next phase of domestic development, Philippine billionaire Enrique Razon, Jr., has sold 3.18 percent of his stake in casino operator Bloomberry Resorts for PHP3.8 billion ($74.7 million). The Bloomberry chairman’s holding company Prime...

Casino.org Staff Writer September 12, 2017
Scots are UK’s biggest gamblers

Scotland Named Britain’s Gambling Capital, 68 Percent of Scots Placing Bets

The Scottish people are Britain’s most avid gamblers, according to figures newly published by the UK Gambling Commission, with over two-thirds of adults saying they had gambled in the past year. Or more specifically, 68 percent of Scottish respondents admitted to having...

Casino.org Staff Writer September 12, 2017