OnlinePoker.Net Home

» Casino News

Phil Ivey Disputes Borgata Damages Claim
Written by A. Mitchell | Friday, December 2nd, 2016

In 2012, Phil Ivey and his accomplice Cheng Yin Sun won $9.6 million playing baccarat at the Borgata Casino in Atlantic City. The pair was later found to have exploited defects in the playing cards by using an edge-sorting technique, and in October U.S. District... 

Nevada Post Third Highest Casino Revenues in October
Written by B. Solomon | Thursday, December 1st, 2016

This week, the Nevada Gaming Control Board released its latest financial results revealing that the state enjoyed a bumper month in October, with revenues soaring by an impressive 11.1% to $986.2 million. From that total, slot machine accounted for $631.6 million... 

Straub Suing Casino Commission Over Revel Casino License
Written by B. Solomon | Wednesday, November 30th, 2016

The Revel Casino Hotel opened in 2012, with high hopes pinned on the property for restoring Atlantic City to its former glory. Instead, the $2.4 billion white elephant has become a symbol for the gambling resort’s debt-ridden government, and failed bureaucracy. In... 

Atlantic City Weathering Challenging Times
Written by A. Mitchell | Monday, November 28th, 2016

Atlantic City’s gambling market thrived during the last century, but the 2000’s brought fresh challenges as neighboring states embraced their own industries. Since then, Atlantic City’s casino revenues have halved since their 2006 peak of $5.2... 

Detroit Casino Revenues Fall 1.9% in October
Written by B. Solomon | Tuesday, November 22nd, 2016

The Michigan Gaming Control Board (MGCB) has released its latest results for October 2016, revealing that the state’s three casinos generated $110.7 million last month, lower by 1.3% from September’s tally, and down by 1.9% verus October 2015. Michigan... 

Pennsylvania Casinos Decline 0.9% in October
Written by B. Solomon | Tuesday, November 22nd, 2016

In October, Pennsylvania’s 12 casinos generated $263 million in revenues, representing a 0.9% decrease compared to the same month in 2015. While table games posted a 5.4% improvement in business at $71.2 million, slot machine revenues weighed heavily on the... 

High Roling Saipan Casino Attracts Unwanted Attention
Written by B. Solomon | Wednesday, November 16th, 2016

The island of Saipan in the western Pacific Ocean has got some of the gambling industry’s best analysts puzzled, as despite being a tiny US Commonwealth jurisdiction, its casino, the Best Sunshine Live, has been outperforming some of the world’s most... 

Sands Bethlehem Plans $93M Casino Expansion
Written by B. Solomon | Tuesday, November 15th, 2016

The Sands Bethlehem in Northeast Pennsylvania, which opened for business in May 2009, is now awaiting approval by the state’s Gaming Control Board to expand its property by around 100,000 square feet. If successful, the development will cost around $93 million,... 

Borgata Wants Ivey To Pay $5.4M in Expected Losses
Written by M. Rhodes | Tuesday, November 15th, 2016

In October, Phil Ivey lost a lawsuit against the Borgata Hotel Casino in Atlantic City in which he argued he was entitled to keep the $9.6 million he won playing baccarat at the venue in 2012. Following his unsuccessful claim, Ivey now faces the prospect on not... 

North Jersey Rejects Casino Expansion Referendum
Written by B. Solomon | Thursday, November 10th, 2016

On November 8th, the same day as US citizens took to the polls to elect their next president, voters in New Jersey also held an important referendum on whether to expand casino gambling in the state beyond the city of Atlantic City. In the end, however, eight out...