MGM Withdraws From New York City Casino License Competition

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Reevaluated the economics In a stunning turn of events, MGM has withdrawn from the race for one of three casino licenses for downstate New York. In a press release, MGM Yonkers, Inc. said, “….the competitive and economic assumptions underpinning our application have shifted, altering our return expectations on the proposed $2.3 billion investment.” “The newly… Read more »

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Nevada Gaming Commission Approves Relaxed Regulations for High Roller Gaming Salons

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Attempt to drum up traffic The Nevada Gaming Commission (NGC) has approved a series of regulatory amendments in an attempt to boost activity at private gaming salons, the exclusive high-stakes gambling rooms at casinos for whales and celebrities. On Thursday, after an hour debate, the Commission voted to implement the changes, previously recommended by the… Read more »

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New York Casino Race: Every Manhattan Proposal Rejected

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Freedom from a casino Those who wanted a big, glitzy casino in Manhattan have had a rough few days. With the local Community Advisory Committee (CAC) voting against the Freedom Plaza casino proposal Monday morning, every Manhattan possibility for the three downstate New York casino licenses has been rejected. The casino plan, which would have… Read more »

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Daniel Negreanu Signs on as Spokesperson for Kalshi

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Poker to prediction markets Daniel Negreanu was already the top spokesperson for the world’s largest online poker room, GGPoker, and now he is repping one of the major players in prediction markets, Kalshi. On Tuesday, the Poker Hall of Famer tweeted that along with his new partnership with the site, he is giving one person… Read more »

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Polymarket Gets Green Light From CFTC to Operate in US

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Back after three years The US Commodity Futures Trading Commission (CFTC) issued a “no-action” letter regarding swap data reporting and recordkeeping regulations for event contracts, opening the door for prediction markets leader Polymarket to operate in the States. The letter, released Wednesday in response to QCX LLC and QC Clearing LLC, reads: “The divisions will… Read more »

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Downtown Las Vegas’ Golden Gate Casino to Eliminate Live Dealer Table Games

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From humans to robots The Golden Gate Hotel and Casino, the oldest hotel in downtown Las Vegas, is doing away with live dealer table games. Completely. First reported by Casino.org’s Vital Vegas blog, the change will happen quickly, with “high energy” electronic gaming machines, including computerized versions of traditional table games, expected to replace the… Read more »

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Hustler Casino Live Regular Charged in Human Trafficking Operation

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Professional poker player Elvis Bersai Lopez-Ambrosio, best known to livestream poker fans as “Pepe,” was among eight people charged with human trafficking crimes by the U.S. Attorney’s Office for the District of New Mexico. The Lopez Human Smuggling Organization, as the government is calling it, operated out of both the United States and Guatemala. In… Read more »

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Two Maryland Casino Employees Charged in VIP Scam

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Here, this one’s on the house Two employees – or former employees – of Live! Casino & Hotel Maryland have been arrested for allegedly engaging in a scheme to steal $27,000 from the casino. Unlike other incidents in which casino staff implemented scams, Sonejah Richards and Allen Hill were not table game dealers but rather… Read more »

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