Gary Loveman has stepped down as the CEO of Caesars Entertainment. Mark Frissora, the onetime CEO of Hertz Rental Cars, is set to succeed Loveman as the new CEO of Caesars Entertainment. Frissora will join Caesars's board of directors immediately. On July 1, he will become the Chief Executive Officer.
Sheldon Adelson held talks with key Republican members of the House Judiciary Committee in January 2015, in hopes of persuading the GOP lawmakers to pass Restoration of America's Wire Act in the new legislative year. Sheldon Adelson, who made the most money of anyone in history on the gambling industry,
According to a report posted today by U.S. Magistrate Judge Peggy Leen, evidence collected by FBI agents and Nevada regulatory officials violated the rights of Malaysian businessman and suspected illegal gaming operator, Paul Phua. Due to Fourth Amendment considerations, much of the evidence implicating Paul Phua and his son, Darren,
Gary Sadoff, who owns the Badger Liquor Company, was the victim of a $25 million gambling extortion case in Fond du Lac. Sadoff sent an email to employees of his liquor company, which confirmed that he was the focus of an extortion plot. The plot involved an illegal bookmaker by
A new Nevada gaming law could put an end to the kind of poker staking agreements which dominate the top end of the professional poker tournament circuit. In many events, the most famous and popular pro players do not pay the stake to enter an event. Instead, a corporate sponsor
The New York Jets have hired the brother of the U.S. District Judge who gave the NFL a legal victory in its showdown with New Jersey over sports gambling. The Jets hired Marcel Shipp, who was running back for the Arizona Cardinals for 8 season, was hired as the Jets'
Records show that the Paul Phua Wei-sang, the man on trial in the United States for running an illegal sports betting operation, has a conviction for the same offense back in his homeland of Malaysia. In 2004, independent newspaper Malaysiakini reports Paul Phua Wei-seng was arrested in Malaysia for allegedly
It can be next-to-impossible to predict gaming industry revenues. The recent past is littered with estimates that are wildly inaccurate. National and regional economic trends have a tremendous impact on an entertainment expense like gambling, so any hiccup in the economy can have immediate ripple effects on gaming revenues. Governor
Super Bowl 49 is a dream match-up for fans of dynasties. The defending world champion Seattle Seahawks hope to become the ninth team in Super Bowl history to repeat as champs. The New England Patriots are making their 6th appearance in the Super Bowl in the past 13 years. If
U.S. District Judge Jerome B. Simandle declined to halt the sale of the Revel Casino to a Florida-based land development company on Thursday. Revel AC Inc., the bankrupt Revel Casino's creditors, had filed a motion to have the $95.4 million sale of the casino to Glenn Straub's Polo North Golf
Borgata and PartyPoker announced this week that an imminent fix can be expected for those who experience frequent crashes on their site. The problems involve what's called an "MFC error", in which something unexpected by the software happens within the Microsoft Foundation Class library. Players who use Apple Mac computers
Last week, WSOP.com and 888poker.com announced they would combine player pools starting this past weekend. The decision by Caesars Interactive to combine the player pools for WSOP.com and 888poker.com had an immediate impact on player signups and participation. On the first weekend after the change, the Caesars websites received what
