Genting Subsidiaries Sell $1 Billion Bond to Finance Vegas Casino Construction

Resorts World Las Vegas owner sells $1 billion bond to finance its construction; property on track for late 2020 opening

Two subsidiaries of Malaysian casino and hospitality giant Genting Bhd priced on Tuesday $1 billion senior notes to fund the construction of Resorts World Las Vegas, a $4-plus-billion integrated resort currently under development on the Las Vegas Strip and slated to open doors in late 2020. read more

Wynn Executives Concealed Sexual Misconduct Allegations against Steve Wynn

Top-level Wynn Resorts employees concealed key information about former boss Steve Wynn when the company was applying for a Boston casino license

Wynn Resorts executives intentionally concealed sexual misconduct allegations against the company’s founder and former boss, Steve Wynn, according to a report by the investigative team of the Massachusetts Gaming Commission. read more

Smile-Expo Debuts Zurich iGaming Affiliate Conference This June

It’s already been a busy year for Smile-Expo, and the event organizer is now gearing up preparations for yet another brand-new iGaming affiliate event

After the Prague iGamiing Affiliate Conference and the Minsk iGaming Affiliate Conference, both slated to take place later this month, Smile-Expo will next debut the Zurich iGaming Affiliate Conference, yet another premium event in its extensive portfolio. read more

Melco Awards Cyprus Casino Resort Construction Contract

A joint venture of Greek companies was awarded the construction contract for the City of Dreams Mediterranean casino resort

Integrated Casino Resort Cyprus Ltd. (ICR Cyprus) awarded Tuesday the concession for the construction of what would be the Republic of Cyprus’ first integrated casino resort to Avax – Terna J.V., a joint venture between Greek companies GEK Terna and J&P Avax. read more

MGM Completes MGM Northfield Park Acquisition, Rebrand

MGM acquires Hard Rock Rocksino Northfield Park’s operating assets to add another gambling property to its ever-growing portfolio

MGM Resorts International announced Monday that it has completed the acquisition of the operating assets of Hard Rock Rocksino Northfield Park from its real estate investment trust MGM Growth Properties. As part of the transaction, MGM will lease the real property from its REIT. read more

WPT Regular Blake Bohn Bags One of Biggest Stacks after WPT L.A. Poker Classic Day 1

The WPT L.A. Poker Classic, one of the hottest events on WPT’s schedule, kicked off on Saturday at Commerce Casino for a few days of quality poker action and unmatched thrill

Day 1 of the tournament saw 523 players register into the $10,000 buy-in freezeout tournament. Of those, only 337 bagged and tagged for the night to return to the host casino later today for Day 2. read more

Unionization Effort at Ocean Resort Casino Progresses Smoothly

Ocean Resort Casino workers make important step toward unionization, secure approval from the New Jersey State Board of Mediation

Workers at Ocean Resort Casino are entering the final stages of their unionization effort, The Press of Atlantic City reported Friday. The Atlantic City hotel and casino resort, which is also in the process of changing its owner, opened doors last June together with Hard Rock Hotel & Casino Atlantic City. read more

Icahn-Named Directors Join Caesars’ Board; Is the Company Succumbing to Sale Pressure?

A sale of Las Vegas casino and hospitality giant Caesars Entertainment Corp. seems more and more likely by the day as an investor with a history of shareholder activism is pressing for the move as a plausible next stage in the company’s development.

Caesars announced yesterday that it has submitted to the latest demands of Carl Icahn and has reached an agreement with him to appoint three new members to its Board of Directors, all three named by the billionaire investor himself. Last month, Mr. Icahn said in a filing with the US Securities and Exchange Commission that he has amassed a 9.78% stake in Caesars, confirming reports abut his involvement in the company that floated around for several months. read more

Cary Katz Claims Aussie Millions A$100,000 Challenge Title

One of the hottest high rollers on the annual calendar of poker events wrapped up on Saturday at Crown Casino Melbourne, crowning Poker Central founder Cary Katz as its champion

Cary Katz, a businessman and a seasoned high roller player, collected A$1,481,760 (approximately $1,066,867) in prize money and recorded another major poker title to his name after topping the elite field of the 2019 Aussie Millions A$100,000 Challenge. read more

New Round of Atlantic Club Sale Reports Emerges

Another Atlantic City Boardwalk property might have found a new owner after New York hedge fund Luxor Capital Group agreed to buy Ocean Resort Casino, the former Revel, from Colorado businessman Bruce Deifik

A notice of settlement for the sale of the shuttered Atlantic Club Casino Hotel has been filed with Atlantic County, but the property’s current owner denies a transaction is to take place, The Press of Atlantic City reported on Saturday. read more

The Stratosphere Casino, Hotel Gets Rebrand, Comprehensive Makeover

The Stratosphere Casino, Hotel & Tower is embracing a new era of its history as one of the most iconic landmarks on the Las Vegas Strip with a planned rebrand as part of the property’s ongoing makeover

The Stratosphere will be renamed as The STRAT Hotel, Casino and Skypod, it became known earlier this week. Nevada-based gaming company Golden Entertainment purchased the iconic property in 2017 and announced a $140 million renovation that kicked off last summer with casino floor upgrades. read more

NYS Gaming Commission Cancels Meeting on MGM’s Yonkers Raceway and Empire City Casino Purchase

The NYS Gaming Commission was expected to announce its decision on MGM’s Yonkers Raceway and Empire City Casino acquisition during today’s canceled meeting

The New York State Gaming Commission announced late last night that it has decided to cancel its Thursday meeting. Among other things, state gaming regulators were expected to discuss today MGM Resorts International’s proposal to acquire Yonkers Raceway and Empire City Casino in Yonkers, New York. read more

Cyprus Establishes Tourism Ministry to Oversee Tourism and Combat Seasonality

Cyprus creates dedicated Tourism Ministry as the island nation prepares for launch of first integrated resort with a casino floor

The Republic of Cyprus has finally established a Tourism Ministry that will be assigned the task to oversee and regulate the island nation’s tourism industry, news outlet Neos Kosmos reported earlier today. read more

Caesars Casino REIT Acquires Margaritaville Resort Casino in Bossier City

Caesars REIT completes acquisition of Louisiana’s Margaritaville Resort Casino, leases property to Penn National Gaming

VICI Properties announced Wednesday that it has completed the acquisition of Margaritaville Resort Casino in Bossier City, Louisiana for $261 million in cash. The company has also leased the property to casino operator Penn National Gaming. read more

Caesars Steps Up Effort to Combat Human Trafficking with Two Key Partnerships

Caesars announces joint work with two dedicated organizations to observe the National Human Trafficking Awareness Month

Las Vegas casino and hospitality giant Caesars Entertainment Corp. today announced that it has strengthened its commitment to combat human trafficking and commercial sexual exploitation of children through partnerships with two global organizations that work to prevent and eradicate the issue. read more

Kyle Cartwright Vies for Eighth Gold Ring in WSOP Circuit Harrah’s Cherokee Main Event

Seven-time gold ring winner Kyle Cartwright leads final 15 into last day of Harrah’s Cherokee Main Event

Kyle Cartwright, a winner of one WSOP gold bracelet and seven WSOP Circuit gold rings, is looking to add another piece of Circuit paraphernalia to his already impressive collection. The player from Bartlett, Tennessee is leading 15 players of the ongoing Harrah’s Cherokee Main Event into the final day of action. read more

Missouri Seeks Participation in US Sports Betting Frenzy

Missouri rekindles sports betting debate after previous unsuccessful attempts, Gov. Parson not opposed to wagering happening in the state

Missouri is making a play for legalizing sports betting on its territory a little over six months after the US Supreme Court struck down a federal ban on wagering and after seven states have gone live with sports betting since the landmark ruling was issued. read more

Philippine Court of Appeals Backs Waterfront’s Bid for Manila Casino Resort

Court of Appeals upholds previous court ruling ordering PAGCOR to grant Waterfront a provisional license for the operation of a casino in Manila’s Entertainment City

The Philippine Court of Appeals has ordered PAGCOR, the country’s gambling regulator, to issue a provisional gaming license to casino and hospitality company Waterfront Philippines Inc. for the development of a hotel and casino resort in Entertainment City, Manila. read more

WSOP Circuit Harrah’s Cherokee Main Event Draws 1,127 Entries, Heads Into Day 2 with 117 Survivors

Ryan McKnight eyes first WSOP Circuit title, assumes overall chip lead into Day 2 of the tournament

Another day of quality poker action wrapped up at Harrah’s Cherokee on Saturday. The North Carolina casino is currently hosting the WSOP Circuit and the series’ highlight tournament – the $1,700 Main Event – completed last night the second of two starting flights. read more

Scott Steward Leads Star-Studded Pack of WSOP Circuit Harveys Lake Tahoe Main Event Day 1A Survivors

Scott Steward eyes sixth WSOP Circuit gold ring, leading Day 1A’s 22 survivors into Harveys Lake Tahoe Main Event Day 2

It was a busy day of poker at Harveys Lake Tahoe Casino as the Main Event of the current WSOP Circuit stop kicked off Friday morning with the first of two starting flights. As many as 176 entries registered into the tournament through Flight 1, but after long 17 levels of play, there were only 22 hopefuls left to advance into Sunday’s Day 2. read more

Hard Rock’s Atlantic City Casino Fined for Compliance Failures

The casino company has failed to inform the New Jersey gambling regulator about the employment of a marketing executive

Casino and hospitality company Hard Rock International was fined by the New Jersey Division of Gaming Enforcement for compliance failures, local news outlet the Press of Atlantic City reported on Friday. Hard Rock operates Hard Rock Hotel & Casino Atlantic City, which opened doors on June 28 at the site of the former Trump Taj Mahal. read more

FTC Approves Penn National Gaming’s $2.8-Billion Acquisition of Fellow Casino Company

Companies should divest casino assets in three Midwestern cities over competition concerns

The US Federal Trade Commission (FTC) approved earlier this week Penn National Gaming’s previously announced purchase of fellow casino operator Pinnacle Entertainment in a deal valued at $2.8 billion. However, the two companies are now required by the FTC to divest casino assets in three Midwestern cities within ten days after the completion of the acquisition deal. read more

Austin Farmer Wins Debut WSOP Circuit Gold Ring at Horseshoe Southern Indiana

Latest WSOP Circuit gold ring winner drove more than eight hours to take part in the Horseshoe Southern Indiana stop

Austin Farmer fell sick during the WSOP Circuit Seminole Casino Coconut Creek stop a couple of weeks ago and could not really play poker there. However, he was the star of the $600 No-Limit Hold’em Six Max Big Blind Ante tournament at Horseshoe Southern Indiana last night, taking down the event for his first WSOP Circuit gold ring and a cash prize of $23,648. read more

Google Play Wipes 56 Gambling Apps Targeting Vietnamese Gamblers

Removed apps have offered casino-style games, which are prohibited under Vietnamese gambling laws

Google has wiped out 56 gambling apps from its Google Play app store as those were breaching Vietnam’s existing gambling laws, local news outlet Vietnam News reports citing official information by the Deputy Director of the Vietnamese Authority of Broadcasting and Electronic Information, Le Quang Tu Do. read more

Failed Lucky Dragon Casino Resort Closes Hotel Tower

Failed casino resort scheduled to be sold at foreclosure auction on October 30

The nine-story hotel tower of the failed Lucky Dragon Las Vegas boutique casino resort closed doors Tuesday, October 2. The hotel’s closure came after the casino and food and beverage facilities at the north Strip property were shuttered this past January. read more

Dave Potter Grabs First WSOP Circuit Gold Ring at Horseshoe Southern Indiana

The WSOP Circuit Horseshoe Southern Indiana stop is in full swing at the host casino and four gold ring events have been completed since the beginning of this thrilling live poker festival. The latest of these four crowned its victor last night.

Dave Potter from Louisville, Kentucky claimed his first WSOP Circuit cash in nine years after besting the field of Event #4 last night. The player took down the $400 buy-in No-Limit Hold’em Big Blind Ante for a first-place prize of $13,490 and his first gold ring from the series. read more

Gambling Debate Rekindled in Virginia as Group Proposes Casino in Bristol

The new owners of the vacated Bristol Mall in Bristol, Virginia are considering the opportunity to turn the site into a casino resort, local news outlet the Bristol Herald Courier reported over the weekend.

The reports were confirmed by Clyde Stacy, the head of the group that acquired the 450,000-square-foot facility earlier this year. They have hired public relations firm Alliance Group Ltd. to assume lobbying responsibilities for the proposed development of a casino within a larger resort-style property. read more