George Cottrell, a 30-year-old British aristocrat previously convicted of wire fraud in the US, lost $20 million in a high-stakes poker game last week, sources told The Daily Mail. Cottrell was reportedly playing in a private game at the Maestral…
Genting Group is now among the global gaming giants considering entry into the United Arab Emirates (UAE), pending the approval of casino resorts there. During the company’s annual meeting last month, Chairman Lim Kok Thay informed Genting Singapore shareholders that…
The Mirage on the Las Vegas Strip has set an official closing date: July 17. The Seminole Tribe of Florida, which operates the casino resort, announced the closure to make way for the new Hard Rock Hotel & Casino and…
A lawsuit accusing four major Las Vegas Strip casino resort operators of price-fixing has been dismissed, granting a victory to Caesars Entertainment, MGM Resorts, Wynn Resorts, and Treasure Island. U.S. District Chief Judge Miranda Du dismissed the amended lawsuit, which…
This iconic establishment will see 10,000 square feet of its historic casino floor revitalized, with an additional 5,000 square feet being added to enhance its allure. The makeover includes the creation of a new high-limit lounge and the introduction of…
Today, shares of PlayAGS (NYSE: AGS), a prominent slot machine manufacturer, experienced a remarkable 26.56% surge in value, accompanied by trading volume 35 times higher than the daily average. This surge came in response to the announcement that the company…
Former president of prominent Las Vegas casinos, Scott Sibella, has been sentenced for money-laundering violations. In a federal court session held in downtown LA, US District Judge Dolly M. Gee delivered a sentence of one year’s probation and a $9,500…
Since the Supreme Court invalidated the Professional and Amateur Sports Protection Act (PASPA) about six years ago, advocates of legalized sports betting have often cited the potential suppression of illicit wagering markets as a key rationale for its implementation. Despite…
J.B. Bickerstaff, the esteemed NBA coach of the Cleveland Cavaliers, has recently shed light on the challenges posed by the widespread legalization of sports gambling across the United States, a phenomenon impacting not only players but also referees, coaches, and…
A recent study reveals that a select group of video poker players, known as advantage players (APs), possess the expertise to diminish casino profits. Utilizing its innovative Video Poker Analyzer tool, Acres Manufacturing Company, a provider of cutting-edge customer loyalty…
In a recent incident at Oklahoma’s esteemed Remington Park Casino, an unsettling event unfolded, leading to the arrest of an alleged robber who terrorized a casino winner with the presence of a snake before absconding with their jackpot. The episode…
In a recent legal development, a Malaysian individual has confessed to participating in a scheme aimed at defrauding the Marina Bay Sands casino of a substantial sum totaling S$433,730 (US$315k) through strategic manipulation of baccarat games, purportedly facilitated by a…