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Casino News and Headlines
Casino
January 15, 2024
Arkansas Supreme Court Denies Rehearing in Legends Resort and Casino Case
The Arkansas Supreme Court has rejected a petition from Legends Resort and Casino and Cherokee Nation Businesses, seeking a rehearing in a case where the court ruled that the Arkansas Racing Commission’s award of the Pope County casino license to the consortium violated Amendment 100 to the Arkansas Constitution. This decision leaves the Commission free […]
Casino
January 15, 2024
Connecticut Casinos Witness Decline in Fiscal 2023 Revenues
Two prominent casinos in Connecticut, Foxwoods Resort Casino and Mohegan Sun, reported a dip in net revenues for the fiscal year ending September 30, 2023. Foxwoods Resort Casino Navigates Challenges in the Era of Online Gaming Beyond the immediate revenue statistics, both Foxwoods and Mohegan Sun have been navigating the online gaming landscape in Connecticut. […]
Casino
January 15, 2024
Culinary Union and Waldorf Astoria Avoid Strike with Five-Year Deal
The Culinary Union has successfully negotiated a new five-year contract with the renowned Waldorf Astoria Las Vegas. Culinary Union Moves Forward with Contract Vote Although specific details of the agreement were not disclosed, sources suggest that nearly 300 hospitality workers at the Waldorf Astoria, located in the Las Vegas City Center, will benefit from the […]
Casino
January 11, 2024
Two Eastern Shawnee Tribe Casinos Experience Data Security Incidents
Two of the Eastern Shawnee Tribe of Oklahoma’s properties, namely the Indigo Sky Casino and Resort and Outpost Casino, have experienced data security incidents in December. In relation to that, the two gambling venues are now notifying customers whose personal data might have been compromised. The issue was first discovered by Indigo Sky, which discovered […]
Casino
January 11, 2024
S&P Warns of Financial Risks for Bidders in New York Casino Permit Race
As the race for New York City casino permits intensifies, potential operators find themselves facing a high-stakes gamble not only for the coveted licenses but also in terms of financial risk. A recent report from financial analysts at S&P Global Ratings suggests that successful bidders may find themselves shouldering substantial debt burdens. Major Players Vie […]
Casino
January 11, 2024
Caesars Entertainment Under Analyst Scrutiny as Ratings Diverge
Caesars Entertainment has become a focal point for stock analysts as differing opinions on the company’s future trajectory emerge. JMP Securities Bullish on Caesars with a $65.00 Price Target JMP Securities initiated coverage on January 9, offering an “outperform” rating and setting a $65.00 price target on the stock, reported financial news media outlet Marketbeat. […]
Casino
January 10, 2024
Norfolk Casino Developer Postpones Blueprint Presentation
In a recent twist for the much-anticipated HeadWaters Resort & Casino project in Norfolk, the Pamunkey Indian Tribe, along with their casino development team, has opted to delay the presentation of their latest plans until January 22. Norfolk Mayor Unaware of Latest Casino Proposal Issues Casino spokesperson Jay Smith stated in an emailed communication that […]
Casino
January 10, 2024
Altercation Over Slot Machine Leads to Senior’s Arrest in Vegas Casino
In a bizarre incident at the Orleans Hotel and Casino, a 70-year-old man named Mitchell Graham was apprehended after an altercation over a casino slot machine allegedly resulted in a stabbing with a steak knife. Graham Faces Legal Consequences After New Year’s Eve Incident The incident took place on the morning of New Year’s Eve, […]
Casino
January 9, 2024
Hard Rock Atlantic City Transitions to Unity Loyal Program
Hard Rock Atlantic City is set to introduce its Unity loyal program today, allowing regular customers to benefit from a variety of promotions. The new program will replace the existing Wild Card program. Unity is a loyalty scheme that is available across Hard Rock’s properties in North America. The unified scheme allows customers to enjoy […]
Casino
January 9, 2024
Baccarat Dealer Accused of Rigging Games at Mohegan Sun
A baccarat dealer at Mohegan Sun, Yu Wen Fu, 64, faces charges of manipulating games, resulting in a $124,000 loss for the casino. Dealer Accused of Prearranging Cards, Resulting in Massive Casino Losses Tribal police discovered Fu’s alleged malpractice on April 21, 2023, after a pit manager observed him handling cards suspiciously. Surveillance cameras captured […]