Month: October 2024
Crown Resorts Hit with AU$2m Fine After Letting 242 Self-Excluded Gamblers Place Bets
Crown Resorts is in hot water again after letting 242 self-excluded gamblers enter its casino in Melbourne, Victoria and gamble. The Victorian Gambling and Casino Control Commission (VGCCC) has fined the company AU$2m (US$1.3m) for its transgressions from October 2023 to May 2024. It is illegal in the state for a casino to let self-excluded…
Read MoreIGT Wins $5.3m Tender for Ex-Alvin Chau-Owned Firm’s Hotel Casino in Manila
IGT wins Manila tender International Game Technology (IGT) has won a $5.3m tender to supply and service gaming equipment for a new-build hotel casino owned by Macau-based LET Group Holdings Ltd in the Philippine capital Manila. LET confirmed the IGT deal backdated to Friday Formerly owned by imprisoned Macau gambling maven Alvin Chau, LET confirmed…
Read MoreLas Vegas Casinos Resolve Armed Security Shortage Before Hectic Month
The struggles of Las Vegas casinos to hire armed security staff are well documented, with recent regulatory changes implemented with the aim of speeding up the background check process. Properties are now rushing to beef up their security ahead of a hectic month of events, with the Las Vegas Formula 1 Grand Prix, Neon City…
Read MoreCasino Crime News Roundup: Man Dies By Apparent Suicide After Driving Into Casino
An unnamed man drove his truck through the entrance of New York State’s Cuba Casino on Monday and then shot himself, according to a local news report. New York State’s Cuba Casino, pictured above. A man died by suicide at the gaming property. (Image: Facebook) The man passed away from the gunshot wound, the Wellsville…
Read MoreBTS’ Jimin Defrauded by Comedian Lee Jin Ho Over Illegal Gambling Debts
South Korean comedian Lee Jin Ho has admitted to suffering from gambling addiction after reports emerged that he had taken money from a host of celebrities, including BTS’ Jimin. Lee Jin Ho came clean in a post on his Instagram account after music agency BIGHIT revealed that Jimin had loaned him 100 KRW ($73,600) in…
Read MoreUK Gambling Stocks Lose £3bn Amid Talk of Tax Raid
UK betting companies have taken sharp hits to their stock prices after reports emerged that the government was considering hefty tax hikes on gambling operators. Almost £3bn ($3.92 bn) was wiped off the value of UK gambling stocks following a report in The Guardian which claimed that Chancellor Rachel Reeves was under pressure from leading…
Read MoreGenting Partner Files $600m Lawsuit Alleging “Massive and Co-Ordinated Fraud”
Genting facing lawsuit Malaysian casino giant Genting Bhd is facing a lawsuit from a partner alleging that the company has been dumping vast liabilities onto its Resorts World Bimini (RWB) property in the Bahamas. RAV Bahamas, which owns 22% of the RWB operating entity BB entertainment, alleged in a lawsuit filed last Monday that Genting,…
Read MoreMacau Votes in Its New CEO Following One-Horse Race
The Asian gambling hub Macau has a new Chief Executive. Former judge Sam Hou Fai received 394 out of 398 votes from the election committee in a one-horse race. He is the first-ever chief executive for the special administrative region to be born on mainland China, with the role usually going to somebody from the…
Read MoreVEGAS MYTHS BUSTED: Sinatra Got His Teeth Knocked Out by a Casino Exec
Carl Cohen, the 250-lb. vice president of the Sands Hotel, delivered a roundhouse punch to Frank Sinatra’s mouth on Sept. 11, 1967. That punch was well-deserved, but it didn’t knock his teeth out. Frank Sinatra, shown in a scene from the 1953 film “From Here to Eternity,” is superimposed by AI into a wrecked 1950s…
Read MoreGambler Accused of Embezzling $26M Drops Lawsuit Against Sportsbet
An accused fraudster who prosecutors claim stole AU$26 million (US$17.5 million) from his tax advisory business to fund an out-of-control gambling addiction has dropped his civil lawsuit against the country’s leading online sportsbook, Sportsbet. Benjamin Carter, above, pictured before his arrest on suspicion of embezzling $26 million from clients at his tax advisory business. (Image:…
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