Shares of Caesars Entertainment (NASDAQ: CZR) slumped during Tuesday’s after-hours session, extending declines following a 4.7% drop during normal trading hours after the casino operator posted first-quarter results that badly missed Wall Street forecasts. Caesars Palace Las Vegas. The operator said first-quarter earnings and revenue at its Las Vegas and regional casinos declined. (Image: YouTube) […]
Glenn Straub, the former owner of the Atlantic City property that is today known as Ocean Casino Resort, has filed a $20 million lawsuit against the CEO of the Miss America Organization, an entity he claims to fully own. Miss America CEO Robin Fleming is accused of stealing from the organization by Glenn Straub, the […]
New Jersey Attorney General Matthew Platkin, representing the legal interests of Democratic Gov. Phil Murphy, has asked New Jersey’s Superior Court to dismiss a lawsuit against the state challenging a smoking law that allows casinos in Atlantic City to designate up to 25% of their gaming space for indoor tobacco consumption. New Jersey Attorney General […]
Las Vegas Strip casino hotels have experienced a torrid pace of recovery following the darkest days of the coronavirus pandemic, but there are signs lethargy is setting in. Fireworks light up the Las Vegas Strip on New Year’s Eve. An analyst says lethargy is setting in in the US casino hub. (Image: Getty) In a […]
Online gambling giant 888 has agreed to pull part of its new ad campaign from London’s public transport system after it became a political football for opponents of the city’s incumbent mayor Sadiq Khan (Labour Party). Conservative Party candidate Susan Hall is using 888’s campaign as a stick with which to beat London Mayor Sadiq […]
Online gaming software giant Evolution AB will have to wait to discover the identity of the author of a report that it claims was defamatory and wiped $3 billion off its market cap. Judge John C Porto, above, has determined that the veracity of the Evolution report – or lack thereof — must be better […]
Legislation in Pennsylvania seeking to amend rules regarding how players fund their online gaming accounts has been filed in the Harrisburg capital. Online gamblers in Pennsylvania can use their credit cards to fund their internet wagering accounts. Several state senators are concerned online gambling on credit is only worsening the state’s consumer credit card debt […]
The Chickasaw Nation will open its newest casino hotel on Wednesday, April 24. Oklahoma’s Chickasaw Nation will hold a soft opening of the Lakecrest Casino & Hotel on Wednesday, April 24. The tribe says a grand opening and ribbon cutting will be held at a later date. (Image: Lakecrest Casino & Hotel) Continuing its […]
The man who fatally stabbed a stranger early Sunday at Washington State’s Muckleshoot Casino chose his victim on the gaming floor after he couldn’t locate his intended target, authorities revealed. Washington State’s Muckleshoot Casino, pictured above. A man accused of stabbing another patron at the gaming property is now in jail. (Image: Seattle and Sound) […]
US states have long applied “sin taxes” to items such as alcohol, beer, cigarettes, other tobacco products, and wine as avenues for bolstering revenue. More recently, marijuana and sports wagering have been added to the mix, representing alterations to some states’ revenue compositions. Illinois Gov. J.B. Pritzker arrives at the State Capitol to deliver his […]
