IPI Sued for Failing to Return Casino Deposits

A junket operator, BigBang Entertainment LLC, is suing Chinese-based Imperial Pacific International (IPI.) The plaintiff alleges that IPI kept funds that had been deposited at IPI’s Imperial Palace Saipan...

Published May 15, 2023

Several States Introduce Anti-Gambling Addiction Education

Five years since the U.S. Supreme Court lifted the federal ban against sports betting, the industry has expanded like a wildfire. Now some states want to throw a little...

Published May 15, 2023

Ground Broken for LVCC Renovation

The Las Vegas Convention and Visitors Authority recently held a groundbreaking ceremony to kick off the $600 million renovation of the Las Vegas Convention Center (l.).

Published May 15, 2023

Red Rock Says Durango Costs to Grow an Extra $30 Million

Red Rock Resorts has indicated that the costs for its Durango Station (l.) project have increased by approximately $30 million. Company officials said the added expenses are attributable to...

Published May 15, 2023

Colorado House Revives Bill Allowing Casino Loans

A bill to allow casinos in Colorado to extend credit to players was saved from the grave on May 6. The Colorado House originally voted 34-31 to kill the...

Published May 15, 2023

Illinois City Updates 1957 Gambling Laws

An Evanston, Illinois city council committee voted 3-2 to change its gambling laws, passed in 1957, to allow video gambling terminals in bars and restaurants.

Published May 15, 2023

Lawsuit Alleges Room Price-Gouging in AC

A proposed class-action lawsuit from Atlantic City casino-hotel customers alleges that the city’s operators colluded to artificially boost room rates.

Published May 15, 2023

Malaysian Operator Tips NY Plans

Genting Malaysia will use $1 billion from the sale of Miami assets within 48 months from the completion of the deal, according to a filing. The receipts are likely...

Published May 15, 2023

Bally’s May Offer Casino Shares To Chicago Residents

Bally’s said it may offer shares in its $1.7 billion Chicago casino (l.) to residents who “satisfy the qualification agreements.” No details have been released about the plan. Meanwhile,...

Published May 15, 2023

Kentucky Derby Wagering Sets Record

The 149th running of the Kentucky Derby set records for betting, and wagering was up as a whole for the week leading up to the famed Triple Crown race....

Published May 15, 2023

A’s Nix Red Rock Deal, Pivot Back to Tropicana Site

In a shocking turn of events, the Oakland A’s have pulled out of its previously announced deal with Red Rock Resorts and have decided to instead partner with Bally’s...

Published May 15, 2023

Illinois Approves Hollywood Joliet, Aurora Relocations

The Illinois Gaming Board approved Penn Entertainment’s request to move Hollywood Casino Joliet to Rock Run Crossings and Hollywood Casino Aurora to an Interstate 88 site.

Published May 8, 2023

Urban One Completes Divestment of MGM Stake

Urban One has completed the sale of its minority stake in MGM National Harbor (l.), receiving $136.8 million after MGM bought back all of the media company’s investment.

Published May 8, 2023

Station Casino Project Approved In Nevada

The Henderson City Council unanimously approved Station Casino’s purchase of 3.8 acres for the Station Inspirada casino resort, opening in March 2025.

Published May 8, 2023

Virginia’s Third Casino Opens May 15

Caesars Virginia will open a 40,000-square-foot temporary facility in Danville on May 15, becoming the state’s third casino. The permanent $400 million facility (l.), opening in late 2024, is...

Published May 8, 2023

Caesars Invests $100 Million in Paris LV Hotel Tower Renovation

Caesars Entertainment will invest $100 million to renovate the Jubilee Tower from Horseshoe Las Vegas and connect it to Paris Las Vegas (l.) by a new pedestrian bridge, the...

Published May 8, 2023

Genting Abandons Miami, Looks to New York

In 2011, Genting Malaysia acquired a bayfront parcel in Miami with plans to develop a casino there. Now the company will sell that prime real estate to a Florida...

Published May 8, 2023

Virginia Cities Continue Casino Competition

The competition for a casino continues in Richmond and Petersburg, Virginia. After Richmond voters rejected casino gambling in 2021, Petersburg lawmakers maneuvered to block a do-over, and aim to...

Published May 8, 2023

Coney Island Leaders Reject Casino Proposal

A community board appointed by Brooklyn borough and council members passed a resolution that overwhelmingly rejects the proposal for a Coney Island casino.

Published May 8, 2023

A’s Ballpark Deal Comes with Both Problems and Perks

The Oakland A’s have found their new ballpark site (l.), but the question remains as to how it’ll get funded. The team previously solicited Strip operators for potential tax...

Published May 8, 2023