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Casino
August 14, 2025
Ex JPMorgan, Goldman Sachs Exec Wanted to Launch Casino, Ended Up Gambling Instead
The story of Richard Kim, an ex-JPMorgan Chase, and Goldman Sachs executive, fascinates. Kim has been indicted on securities and wire fraud charges related to what prosecutors allege is his misappropriation of approximately $4 million worth of investor funds. It Started with a Dream of an Online Gambling Company The money was supposedly stolen to […]
Casino
August 13, 2025
Sahara Las Vegas Roof Caught Fire
A fire broke out Tuesday evening at the Sahara Las Vegas, sending thick smoke over the busy tourist corridor after construction debris on the casino-resort’s roof caught fire around 5 pm. Sahara Las Vegas’s Rooftop Caught Fire The blaze was quickly contained and extinguished, with no injuries reported among civilians or firefighters. According to KLAS […]
Casino
August 13, 2025
Snoqualmie Casino & Hotel Celebrates “the Beginnng of a New Era”
At the end of last week, Snoqualmie Casino & Hotel celebrated a landmark moment with the grand opening of its newly expanded resort. Formerly known simply as Snoqualmie Casino before the November 2024 rebranding, the property located in “scenic foothills” just minutes from Seattle now features a striking hotel tower, a full-service spa, indoor and […]
Casino
August 12, 2025
Golden Gate Casino in Las Vegas Drops Live Dealer Games
The Golden Gate Hotel & Casino, the oldest operating hotel in Las Vegas, has announced its plans to remove all live dealer table games from its floor and fully replace them with electronic versions. Owner and CEO Derek Stevens was excited about this new direction, underlining the enhanced engagement possibilities of the updated offerings. More […]
Casino
August 12, 2025
Honolulu Police Shut Down Fourth Illegal Gambling Den
Honolulu police recently shut down another illegal gambling operation on Queen Street, seizing 26 digital gambling machines and $7,547 in cash during a search on August 7 around 3 p.m. Officers from the Narcotics/Vice Division conducted the raid, but no arrests were made at the scene. Fourth Illegal Den Shut Down in a Month The […]
Casino
August 12, 2025
Four Charged in $1M Edmonton Casino ATM Fraud
Four men from Edmonton are facing serious charges after what the Royal Canadian Mounted Police (RCMP) describe as a “co-ordinated ATM fraud” targeting casinos in the city and causing more than $1 million in losses. Police Carried Six Search Warrants According to a statement released Monday by the RCMP Federal Policing Northwest Region (NWR), the […]
Casino
August 12, 2025
Baron Capital Sees Big Upside in Wynn Resorts
Wynn Resorts’ stock has risen over 44% in the last year, but Baron Capital thinks this is just the beginning of the rally. Baron Capital Spots Chance in Wynn’s Low Price and Pioneering UAE Casino The investment firm revealed in its latest quarterly report that it bought shares in the casino and luxury resort company […]
Casino
August 12, 2025
Investment Banks See Stronger 2025 for Macau Casinos
Macau’s casino industry is experiencing a boost in activity. Several investment banks have raised their revenue and earnings projections after seeing better-than-expected results through mid-2025. Rich Chinese tourists are responsible for this comeback. Their renewed ability to spend has gotten a lift from recent economic and financial changes in the area. JP Morgan Raises Macau […]
Casino
August 12, 2025
Michigan Sentences Two Men for Running an Illegal Gambling Operation
Illegal gambling has continued to proliferate in the state of Michigan, with the local gambling regulator and law enforcement hot on the heels of underground operations. Pair Who Run Illegal Gambling Venue to Dodge Prison Sentence The latest enforcement action to have targeted unauthorized gambling involves the cases of Samir Naim Musharbash and Naim Samir Musharbash, […]
Casino
August 12, 2025
Pennsylvania Senate Votes Bill to Lower Slot Machine Count on Gaming Floors
The Senate in Pennsylvania is moving forward with a new bill that it seeks to pass into law, with the signature of Gov. Josh Shapiro. The Senate approved the bill, which could now allow land-based operators in the state to lower the number of slot machines they host. Are Pennsylvania’s Casinos Dropping Their Slot Machines? […]
