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Lucky Dragon Casino Goes Bust, Files for Bankruptcy

Lucky Dragon bankruptcy

Chinese New Year didn’t prove to be very lucky for Lucky Dragon, Las Vegas’ newest casino and its most recently shuttered. On Friday, the first day of the Year of the Dog, the Chinese-themed casino filed for Chapter 11 bankruptcy protection, less than a year and a half after its grand opening. Lucky Dragon closed…Read More

New Wynn Resorts CEO Says Growth Will Continue After Steve Wynn Exit, Japan Casino Still on Radar

Wynn Resorts Matt Maddox

Wynn Resorts new CEO Matt Maddox said in his first major address to employees on Monday that the company’s casino development projects in Las Vegas, Boston, and Macau will continue, and emphasized that the operator remains committed to obtaining an integrated resort license in Japan. Maddox, who replaced founder Steve Wynn on February 6 after…Read More

Caesars Switching ‘Do Not Disturb’ Policy to Mandated Daily Room Checks, in Line with New Industry Trend

Caesars do not disturb

Caesars Entertainment is the latest gaming firm to announce a change to its “do not disturb” policy, saying that they will now have employees visually check all occupied rooms once per day. The move comes as part of a trend in the gaming and hotel industries to take steps that might help prevent incidents like…Read More

Saipan Imperial Pacific Casino Blasts Investigative News Story for Claiming Corruption

Imperial Pacific Bloomberg article

Imperial Pacific, developer of the Grand Mariana Casino Hotel & Resort on the island of Saipan in the Northern Mariana Islands, has slammed a recent Bloomberg article that accused the company of turning the island “into a back door to the US financial system” as fake news. Most Profitable Casino on Earth Located 1,600 miles…Read More

Potential China Hainan Casino Won’t Steal Macau Profits, Credit Agency Fitch Opines

Hainan Island China casino expansion

Another Chinese gambling destination in the form of a Hainan casino is unlikely to shake up Macau’s gaming grip any time soon, according to a leading credit rating agency. Unless, of course, it is. As officials in Beijing contemplate whether to allow gambling on the southern tourist island of Hainan, Fitch Ratings is reporting that…Read More

Connecticut Satellite Casino Blueprint Leaves Some Locals Underwhelmed

East Windsor satellite casino Connecticut

The Connecticut satellite casino in East Windsor being jointly developed by the state’s two Native American tribes will come with 2,000 slot machines and up to 150 tables, and a five-story, 1,800-parking space garage. The Mashantucket Pequot and Mohegan Sun tribes submitted initial drawings this week to the town for the $300 million development. The…Read More

Japanese Lawmakers Propose Restricting Casino Visits For Nationals

Lawmakers propose limiting visits to Japanese casinos

Lawmakers in Japan tasked with drawing up a framework of regulation for the country’s future casino market presented a plan on Thursday designed to restrict Japanese nationals’ exposure to gambling. Under the proposal, Japanese citizens and foreigners living in the country would be limited to three visits to casinos in one week and a maximum…Read More

Public Split Over Wynn Boston Harbor Future, Poll Finds

Wynn Boston Harbor poll

The jury on Wynn Boston Harbor’s future is still out. That’s according to a new poll that suggests area residents have rather strong, yet contrasting opinions, on what to do with the $2.4 billion megaresort in the wake of billionaire Steve Wynn’s sexual allegation scandal. A poll released Friday by MassINC polling group in conjunction…Read More

River Rock VIP Manager Arranged Illegal Third-Party Cash Delivery for Gambler

River Rock Casino, British Columbia

Lisa Gao, the former director of VIP guest relations at British Columbia’s River Rock Casino, was deregistered by the Canadian province’s Gaming Policy and Enforcement Branch (GPEB) for arranging a third-party cash delivery for a high-rolling client. Gao’s actions were in direct violation of anti-money laundering laws (AML). Recent police and GPEB investigations suggest that…Read More

Tropicana Atlantic City Hotel Fire Caused by Makeshift Meth Lab Set Up in Guest Room

Tropicana fire linked to makeshift meth lab

A jerry-rigged meth lab set up in a hotel room at the Tropicana Atlantic City forced the evacuation of four floors when a fire broke out, police reported on Thursday. The fire took hold Wednesday morning at the New Jersey casino resort property, causing smoke to fill adjacent guest rooms. Breaking Bad wannabee Michael Pillar of…Read More

Party’s Over for Steve Wynn: Denied Golden Parachute, Must Vacate Wynn Resorts Suite Before Summer

In the opera known as “The Fall from Grace of Steve Wynn,” the fat lady has now hit her ultimate high note. The company he founded with his ex-wife Elaine in 2002 has now gone into full shun mode against him, with a Securities and Exchange Commission filing that was delivered to the SEC on…Read More

Okada Manila and Wynn Litigation Lead to $125.4 Million Loss for Universal Entertainment Corp

Kazuo Okada and Universal Entertainment

Japan’s Universal Entertainment Corporation posted a net loss of $125.4 million for the first three-quarters of the financial year, somewhat short of the $141 million profit it predicted in May 2017. The company cited expenses related to the completion of Okada Manila, its integrated casino resort in the Philippines’ Entertainment City, the total construction costs…Read More

Connecticut Foxwoods and Mohegan Sun Casinos Start 2018 Sluggishly

Connecticut casinos Foxwoods Mohegan Sun

Tribal Connecticut casinos Foxwoods and Mohegan Sun kicked off January with a less-than-amazing month, as slot revenue was down at both properties. After paying out winnings, Foxwoods kept $33.9 million from the gaming terminals, a 2.5 percent decrease compared to the same month in 2017. Mohegan Sun won $44.9 million, which equates to 5.3 percent…Read More

Atlantic City Casinos Feel the Chill for January with Gaming Revenue Drops of 10 Percent, Blizzard Blamed

Atlantic City casino revenue

Atlantic City casinos saw gross gaming revenue skid 9.9 percent in January due to a severe blizzard that blanketed parts of southern New Jersey last month with up to two feet of snow shortly after the new year arrived. With travel nearly impossible after the January 4th storm, fewer gamblers made their way to the…Read More

Pennsylvania Mini-Casino Back in Picture for Harley-Davidson Maker Springettsbury, Previously Opted Out

Springettsbury Pennsylvania mini-casino

In the tiny township of Springettsbury, the prospect of a Pennsylvania mini-casino, just a few months after being rejected, is getting a second look. City supervisors have pulled an about-face since nixing the possibility as recently as December. The small town only two weeks ago finalized plans to expand its existing fabrication, paint, and assembly facility…Read More