5349 stories by Casino.org Staff Writer
MGM Cotai Grand Opening Celebration Delayed Until February, But Resort Still Opening This Month
When first envisioned in 2013, Macau's MGM Cotai was slated to open in early 2016. The $3.3 billion integrated casino resort has been repeatedly delayed over the last five years due to everything from economic concerns to mother nature. So perhaps it's...
Luxor Esports Arena Opening March 22, Strip’s First Permanent Video Gaming Tournament Venue
The Esports Arena Las Vegas will open its doors inside the Luxor casino resort on March 22 and become the Strip's first venue dedicated to competitive video gaming. Built in what was formerly the LAX nightclub, the 30,000-square-foot multilevel arena features a...
GVC Holdings Says 2017 Earnings at ‘Top End’ of Company Forecast
GVC Holdings says in a trading update to investors that its 2017 earnings will be "at the top end of management's internal expectations." Following a strong fourth quarter where net gaming revenues rose 21 percent to 279.5 million euros ($333.9 million), GVC...
Spieth, Thomas Top Favorites to Win PGA Tour’s Sony Open
Defending champion Justin Thomas and World No. 2 golfer Jordan Spieth are the two favorites to win the PGA Tour’s Sony Open in Hawaii at Waialae Country Club, which begins Thursday. Spieth, who finished third at this event in 2017, is a...
Casino Audit Finds Lots of ‘Housewives’ and ‘Students’ Gambling at High Stakes Tables
Who knew so many high-stakes gamblers made their livings as a "student" or "housewife"? As part of an effort to snuff out money laundering by organized crime, a review of casino finances found that these two occupations made up an unusually large...
Cleveland Losing Streak Pushes Sports Books to Raise Odds on Cavs Chances for NBA Title
For a team that is supposed to challenge the Golden State Warriors for the NBA title, Cleveland is not looking like the second best team in the league. The Cavaliers have lost six of its last nine games and despite assurances from...
Extreme FOBT Max Bet Reduction Not So Bad, Says Study, But Betting Industry Still Balks
An impending fixed-odds betting terminal max bets crackdown in the UK would not have quite the crippling impact on the bookmaking industry, and by extension, government tax coffers, as has been previously suggested, according to new research. A report by the Centre for...
Penn National Wins First Pennsylvania Satellite Casino Bid, Follows Lawsuit Against State
Penn National Gaming won the first of 10 Pennsylvania satellite casino auctions with a $50.1 million bid to place a gambling venue in York County. The Wednesday development comes on the heels of a lawsuit filed by the company on Tuesday against...
Cyprus Casino Expected to Contribute More Than $800 Million to Eastern Mediterranean Island Economy
The major casino resort being built on the island nation of Cyprus is expected to add $838 million to the country’s economy each year beginning in 2022. That's according to Cypriot President Nicos Anastasiades, who says the project, now known as City of...
Gaming Equipment Manufacturers See (Mostly) Rising Stock Prices in December
The Association of Gaming Equipment Manufacturers (AGEM) Index posted notable gains for the fourth consecutive month, a positive indicator of growth for the multibillion-dollar casino equipment sector. The composite index includes 12 publicly traded gaming equipment manufacturing companies listed on various international...
