5349 stories by Casino.org Staff Writer
Shareholder Agreement Between Steve Wynn and Ex-Wife Invalidated By Judge
A shareholder agreement between Steve Wynn and ex-wife Elaine Wynn has been invalidated by a Clark County District Court judge, issuing an order that also dismisses any claims Elaine Wynn may have pursued in a case that pits Wynn Resorts against Aruze...
‘Sin City Justice’ DA Steve Wolfson Quizzed Over Hushed Up Embezzlement
Clark County DA Steve Wolfson has been forced to defend to the Las Vegas Review-Journal this week his decision not to prosecute a gambling-addicted employee for embezzling $42,000 from his 2014 campaign fund. Sleuthing by LVRJ reporters has revealed that Nevada’s top prosecutor...
BC Casinos Would Lose $88 Million Per Year from High Stakes Transaction Ban
A proposal to restrict table game “buy-ins” at British Columbia casinos to no more than CA$10,000 ($7,650) would cost the sector up to CA$88 million ($67 million) per year, according to a confidential BC Lottery Corp report, made public on Thursday by...
Stratosphere Undergoing $140 Million Renovation, Analysts Bullish on Golden Entertainment
Renovations at the Stratosphere will soon commence, as new owner Golden Entertainment announced this week during an earnings call that it's going to spend $140 million over three years to refresh the Las Vegas hotel and casino. Golden Entertainment completed its acquisition...
Financial Regulator Probes Ladbrokes and William Hill Over ‘False Market’ Claims
The UK’s financial regulator is examining a complaint by The Campaign for Fairer Gambling (CFG) which claims Ladbrokes and William Hill have create a “false market” through their pronouncements on proposed gambling reforms, the Financial Times reports. The anti-gambling pressure group believes...
Penn National Pinnacle Entertainment Buyout Sparks Second Federal Trade Commission Review, Monopoly Concerns at Stake
Penn National Gaming's $2.8 billion acquisition of Pinnacle Entertainment is still scheduled to be completed in the latter half of 2018, but a second request for "additional information and documentary materials" by the US Federal Trade Commission (FTC) threatens to delay the...
Alabama Daily Fantasy Sports Bill Throttled to Death on Senate Floor
Alabama’s daily fantasy sports bill went down in flames in the State Senate on Wednesday. Despite being unanimously approved by the Senate Tourism and Marketing Committee earlier this month, Senator Paul Sanford’s bill didn’t even make the vote yesterday – a fate...
Delaware Governor Gives Assurance on Tax Relief as Casino Bill Put on Ice
Delaware’s proposal to slash tax rates for its three struggling casinos has been put on hold, following assurances from Governor John Carney that his administration is open to changing the tax structure to preserve casino jobs. Carney says he wants to know...
Connecticut Commercial Casino Projects Won’t Jeopardize Tribal Compacts, Says State AG
The Connecticut commercial casino market can get a new jolt, attested the state's Attorney General George Jepsen earlier this week. He told legislators that operators who want to open up shop in the state can explore that possibility without it jeopardizing two...
Saipan Casino Imperial Palace Reportedly Raided by US Agents
Saipan casino Imperial Palace has been making headlines for the all the wrong reasons, and that continued this week after news broke that US federal agents recently raided offices of the resort's parent company. Bloomberg reporter Matthew Campbell has been at the...
