5349 stories by Casino.org Staff Writer
Mohegan Sun Moving Forward With Incheon Casino in South Korea Despite Region’s Political Unease
Mohegan Sun revealed this week during a conference call that its $1.6 billion casino resort named Inspire in the South Korean city of Incheon is a go. Despite ongoing political tensions with North Korea, and the highly contentious border just some 25...
Casino Stocks Crash on New Macau ATM Facial Recognition Technology
Casino stocks are considered rather volatile investments, due to the unpredictability that often surrounds gambling markets. And this week, gaming operators invested in Macau are weathering a stormy front when it comes to their shares' trading values. UnionPay, the largest (and only)...
NFL Gambling Policy Presents Numerous Problems for Las Vegas Raiders
The NFL will soon call Las Vegas one of its 32 homes, as the Oakland Raiders have successfully filed for relocation. But the league's strong opposition to gambling, and specifically sportsbooks, presents a host of hurdles for the franchise when it officially...
Crown Resorts Initiates Complete Withdrawal from Macau, Sells Remaining Shares to Melco International
Crown Resorts will divest itself of its remaining shares in Melco Resorts and Entertainment, the company that was, until last month, known as Melco Crown. The move completes James Packer’s total withdrawal from Macau. The news comes almost exactly one year after...
Philippines Leader Rodrigo Duterte Wants PAGCOR to Enforce, Not Gamble on, Casinos
Rodrigo Duterte, the Philippines president whose strong-arm leadership style has often been the subject of criticism, isn't taking any chances when it comes to casinos. He's directed PAGCOR, the country's sole gaming agency, to focus on regulation and enforcement, but to get...
Atlantic City Casino Tax Revenue for New Jersey Pales Compared to Neighboring States
New Jersey's casino tax revenue take from Atlantic City totaled $237 million in 2015, and some in the Garden State feel that number should be much richer. Casinos in Atlantic City pay an eight percent tax on their gross gaming revenue to...
Sports Bettor Billy Walters’ Legal Team Files Appeal on Insider Trading Conviction
It was a bet noted sports gambler Billy Walters said he was surprised he lost, but on Friday he doubled down, instructing his lawyers to file an appeal on his insider trading conviction. His attorneys believe they have a compelling argument for...
Macau ATMs to Employ Facial Recognition Technology
ATM machines in Macau will soon employ face recognition software, the latest move in the clamp down on money laundering and to prevent capital flight from the Chinese mainland to the semi-autonomous gambling hub. The Macau government announced Monday that users of...
Favorites Always Dreaming Wins Kentucky Derby, Canelo Alvarez Dominates Cesar Chavez
Always Dreaming, the odds-on favorite at 9-2 entering the 143rd running of the Kentucky Derby, proved to be the best thoroughbred of the day at Churchill Downs on Saturday. Always Dreaming cruised to a 2 3/4-length victory on a wet and muddy...
Britain’s ‘Rich List’ Crowns Gambling Industry’s Wealthiest Royalty
The latest edition of the UK's 'Rich List,' published annually by the Sunday Times, shows the combined wealth of Britain’s gambling industry high rollers has grown by almost 20 percent over the past 12 months. The yearly index of the Her Majesty’s most...
