The mediator for the $18 billion bankruptcy case involving Caesars Entertainment Operator Company (CEOC) resigned from the case on Friday. The decision by the mediator to step down is another odd twist to the case -- one which might set back a resolution by months. The CEOC bankruptcy filing was
William "Ted" Forrest, a professional poker player who has won 6 World Series of Poker bracelets and collected millions of dollars in winnings, is being prosecuted in Las Vegas for debts he owes to the Wynn Las Vegas. Forrest's lawyer claims the case should be in civil court, but Forrest's
The Autorite des marches financiers (AMF), a Montreal-based financial regulator, released a report on the allegations former Amaya CEO David Baazov might have engaged in insider trading. The AMF's charges led to David Baazov's resignation from all positions of authority in the software design company he founded. La Presse has
A U.S. Open match between Vitalia Diatchenko of Russia and Timea Bacsinszky of Switzerland is being investigated for suspicious betting activity the Tennis Integrity Unit. The TIU is pro tennis's primary anticorruption body in monitoring for signs of match fixing. The match being investigated took place on August 30th between
Legendary musician Bob Dylan is working on a metalwork sculpture for the MGM National Harbor casino. When completed, the 26-foot by 15-foot sculpture is going to stand at the west entrance to the casino. The sculpture is part of a larger effort to decorate the area surrounding MGM National Harbor
Rutgers University released a study of the online gambling industry in New Jersey this week. The study showed that three-fourths of the online gamblers in the state were men, while age was a major determinant in whether players use responsible gaming tools made available by New Jersey's regulations. The research,
After an 11th hour attempt to settle issues between management and labor at the Trump Taj Mahal Casino Hotel, owner Carl Icahn said he still plans to close the Atlantic City resort on October 10. When asked about the reported $100 million he would lose on the investment, Carl Icahn
Gamblers at Motor City Casino in Detroit had to wait for hours to cash out their money after a computer glitch trapped their cash inside electronic gaming machines. Motor City's officials said a problem with the casino's "ticket out system" caused the issues. Casino officials discovered the situation around midnight
The Las Vegas Sands Corp. said its offer on bringing a football stadium to Las Vegas is a take-it-or-leave-it proposition. Rob Goldstein, an executive for the Las Vegas casino company, told a committee inside the Nevada Governor's Office of Economic Development. "We're not negotiable." Rob Goldstein is the Sands president.
The Alabama State Senate passed a lottery bill last week, setting up a vote in the Alabama House of Representatives on Thursday. The bill passed in the Alabama House by a margin of 64-35, 1 vote more than the 63-vote minimum needed to pass. An initial vote was 61-37, but
Antigua's Prime Minister Gaston Browne has issued one final offer and one final warning before instituting copyright sanctions. Antigua's president hopes to settle a dispute with the United States which has lasted more than 10 years. The dispute has cost Antigua and Barbuda around $200,000,000, by most estimates. In a
The Pennsylvania State Senate has not voted on an gambling bill which was passed this summer by the General Assembly, but most believe a vote is forthcoming in the fall session. If passed, Pennsylvania would allow more forms of land-based gambling, as well as online gambling. The optimism stems from
