6747 stories by Devin O'Connor
UN: China’s Gambling Crackdown Has Increased Money Laundering Elsewhere
A United Nations official says China's crackdown on cross-border money transfers related to gambling in Macau has resulted in illicit gangs laundering their dirty money through casinos and online gambling platforms in other parts of Asia. Benedikt Hofmann is the deputy representative...
Macau Grand Prix to Usher in Tourists, Hotel Occupancy Expected to Top 90 Percent
The Macau Grand Prix celebrates its 70th anniversary next month, and tourism officials in the Chinese casino enclave are betting on a strong turnout for the two weeks of racing. The Macau Grand Prix offers a bit of everything for motorsports enthusiasts....
Richmond Casino Backers Throw Block Party, Isley Brothers Headline
Supporters hoping the Richmond casino referendum passes next month held a block party over the weekend. Thousands turned out for a free concert headlined by The Isley Brothers. Richmond residents, during the November 7 election, will decide if a proposed $562 million...
Donald Trump Pledges to ‘Stop World War III’ While Stumping in Las Vegas
Former President Donald Trump was in Las Vegas over the weekend, attending the Republican Jewish Coalition's (RJC) Annual Leadership Summit at The Venetian Resort. The RJC works to foster and enhance relations between the Jewish community and Republican decision-makers in DC and...
PGA Tour Suspends Korn Ferry Players for Betting Violations
The PGA Tour has suspended two players who compete on its Korn Ferry Tour for betting violations. The Korn Ferry Tour is the PGA Tour's premier developmental tour. The top 30 players on the season-long points standings receive PGA Tour cards for...
Las Vegas Sands Paid $241M for 99-Year Nassau Coliseum Lease
Las Vegas Sands paid a premium to acquire the 72-acre Nassau Veterans Memorial Coliseum site on New York's Long Island where the company hopes to build a $5 billion integrated resort. Through a securities filing made earlier this month, Sands confirmed it...
Bally’s Responsible Gaming Contributions Allocated to University Research Programs
The Bally's Corporation donated $600K to the International Center for Responsible Gaming (ICRG) in August 2022. The Rhode Island-based casino operator followed it up with a $450K contribution to the problem gambling institute this month. The ICRG is headquartered in Massachusetts and...
Crown Resorts Reports $125M Loss in 2023 Fiscal Year, Inquiry Expenses Cited
Crown Resorts reported a loss of AU$199 million (US$125 million) for its 2023 fiscal year that ended June 30. The embattled casino firm cited financial penalties levied against the company for its regulatory shortcomings at its three casinos in Australia. Crown Resorts...
MGM Springfield Settles Pay Violations for $6.8M, State to Collect Most of the Money
MGM Springfield has agreed to pay more than $6.8 million in the form of restitution and penalties to settle a multiyear investigation conducted by the Massachusetts Attorney General's Office and its Fair Labor Division. MGM Springfield opened in August 2018 at a...
NHL Suspends Shane Pinto 41 Games for Violating League’s Gambling Policy
The National Hockey League (NHL) on Thursday handed Ottawa Senators forward Shane Pinto a 41-game suspension for violating its sports betting policy. Pinto is the second professional sports player today to face a significant ban from their respective sport. Earlier Thursday, the...
