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Revel Purchase Dropped After Dispute Over Electricity Payments
Written by B. Solomon | Thursday, November 20th, 2014

At the beginning of October, Brookfield Asset Management won an auction to buy Atlantic City’s Revel Casino for $110 million, in the process trumping an earlier bid made by Florida developer Glenn Straub of $95.4 million. Now Brookfield appears to have walked... 

Legendary Greek Gambler Archie Karas Avoids Jail Time
Written by M. Rhodes | Thursday, November 13th, 2014

Greek-American legendary gambler Archie Karas (born Anargyros Karabourniotis) is believed to have had one of the longest recorded winning streak in gambling history, having spun his initial $50 bankroll into over $40 million during a two year period between December... 

Detroit Casino Revenues Rise 6.6% To $113 In October
Written by B. Solomon | Thursday, November 13th, 2014

The Michigan Gaming Control Board has released its casino figures for October, revealing a nearly 10% improvement in revenues over the month before to $113.4 million, and a 6.6% rise year-over-year. A total of $9.2 million was then collected as gambling taxes,... 

Ohio Racinos Outperform Casinos For The First Time In October
Written by B. Solomon | Monday, November 10th, 2014

The Ohio Casino Control Commission has released its October results for Ohio’s four casinos, revealing an 8.8% drop in revenues to $63.9 million, compared to the same month in 2013. In the meanwhile Ohio’s seven racinos generated $66.2 million in October,... 

Maryland Casinos Generate Record $86.8m In October
Written by B. Solomon | Thursday, November 6th, 2014

Maryland’s five casinos generated $86.8 million in October, a 30% improvement over the $66.4 million taken in same month last year, and representing a new monthly record for the state. The addition of the Horseshoe Baltimore, which opened for business on... 

Macau Casino Revenues Fall To Record Low In October
Written by S. Taylor | Tuesday, November 4th, 2014

As the Chinese government continues its anti-corruption drive, Macau’s 35 casinos continue to be rocked by fewer tourists and wealthy Chinese gamblers who have now become wary about publicly gambling in the country’s only legal gaming haven. Up until... 

Maryland Live! Ejects Then Bans Gambler For Card Counting
Written by A. Mitchell | Wednesday, October 29th, 2014

The Free State’s premier gambling venue, Maryland Live! has handed a 23-year-old customer a permanent ban after he was accused of  counting cards at the casino’s blackjack tables. Dramatic scenes of Justin Mills being interrogated by casino security... 

Nevada iPoker Revenues Fall 6.7% To $693k In September
Written by A. Mitchell | Wednesday, October 29th, 2014

The Nevada Gaming Control Board has released its online poker results for September, revealing a 6.7% decline in revenues to $693,000 compared to the previous month, and an 8.9% fall year-over-year. Even more concerning, September’s revenue tally represented... 

Deadly Snake Slithers Into SkyCity Casino In Darwin
Written by A. Mitchell | Monday, October 27th, 2014

Around midnight last Saturday, SkyCity Casino gamblers in Darwin, Australia, were suddenly subjected to a terrifying ordeal after a lethal 1.3 metre sea snake slithered through the doors of the seaside casino. Not only does the highly venomous yellow lipped sea... 

Detroit Casino Revenue Down 3% To $103m In September
Written by B. Solomon | Friday, October 17th, 2014

The Michigan Gaming Control Board has released its casino figures for September, revealing a 3% decline in gaming revenue to $103.1 million compared to $106.3 million generated in the same month last year. In addition, September’s revenues were 8.5% lower...