5352 stories by Casino.org Staff Writer
Debt-Riddled Caesars Reports $1.4 Billion Loss for Q2 as Sign of Bright Future
Caesars Entertainment lost “only” $1.4 billion in the second quarter of 2017. That figure represents a $617 million improvement compared to last year’s Q2 losses of $2.1 billion. Revenue for the period ticked up by 1 percent, to just over $1 billion....
WannaCry Ransomware ‘Hero’ Arrested in Las Vegas on Hacking Charges
Marcus Hutchins, the man who was hailed this past May as a hero for stopping the spread of WannaCry ransomware, will be in a Las Vegas courtroom on Friday afternoon, facing Department of Justice (DOJ) charges. Hutchins stands accused of being a...
Lesniak Wants New Jersey to Open Its Online Gambling Doors to World
State Sen. Ray Lesniak believes New Jersey is ready to take the next step in shaping the landscape of online gambling, saying earlier this week that he intends to introduce a bill that would open up the state's casino and poker sites...
Arizona Tribal Gaming Bounces Back, Encouraging Casino Expansion Interests
Tribal gambling will have provided Arizona a financial benefit of more than $26 million in the second quarter of 2017, an increase of 4.8 percent compared to the same period a year ago. The Arizona Department of Gaming issued its revenue report...
Maine’s Daily Fantasy Sports Bill Enacted Without Governor’s Signature
Playing daily fantasy sports (DFS) in Maine is now fully authorized under state law after Governor Paul LePage (R) opted not to sign nor veto legislation approved by the legislature. DFS contests are officially defined as games of skill in Maine. Sites...
AGA Seeks Clarity from Feds on Handling Marijuana Money in Casinos
With marijuana now flying off the shelves at Nevada dispensaries, the American Gaming Association is seeking clarity from federal authorities on how casinos should handle a new influx of cannabis-derived cash. AGA president and CEO Geoff Freeman sent a letter last week...
IGT Q2 Losses Mostly Due to Poor Exchange Rates with Italian Lotto and Double Down Sale
Despite a second quarter loss and a decline in revenue from the same period last year, International Game Technology Plc. (IGT) beat Wall Street projections. The loss of $252.2 million on revenue of $1.22 billion was compared to earnings of $82.9 million...
Atlantic City Casinos Settle Tax Disputes With New Jersey, State Saves Millions
New Jersey Governor Chris Christie (R) says long-disputed tax agreements have finally been reached with Atlantic City resort casinos Bally's, Caesars, Harrah's, and Golden Nugget. Billionaire Carl Icahn's three properties, the Tropicana, former Trump Taj Mahal and Trump Plaza, have also settled...
AGA Introduces New Responsible Gaming Standards for Digital Age
The American Gaming Association kicked off the 20th annual Responsible Gaming Education Week?by speaking a new code of conduct for the casino industry.?The AGA called on industry leaders to pledge their commitment to consumer protection, transparency, and employee training in our emergent...
Las Vegas World Series Odds Shuffle Post Trade Deadline
MLB World Series odds at Las Vegas sportsbooks have the Los Angeles Dodgers as the heavy favorite to win the title in October. With the trade deadline passed and rosters now largely set in stone, sportsbooks are readying for a hopefully busy...