USA Online Poker News
Philly Investment Group Files Notice of Settlement for Atlantic Club
This is the fourth potential sale of the Atlantic Club since April 2016. TJM Properties’ long-awaited sell of the Atlantic Club Casino Hotel in Atlantic City took another bizarre twist over the weekend: a notice of settlement was filed without TJM’s...
Bettor X Places $1.5 Million Bet on Los Angeles Rams
Aaron Donald began at 70-1 to win the Super Bowl MVP, but received so much action the sportsbooks reduced his odds to 15-1. Several high stakes Super Bowl bets came in on the Los Angeles Rams late in the week, including some greater than $1 million. According to...
Facebook Exceeded FTC Legal Rates with Friendly Fraud Policy
According to the reports, Facebook staffers devised a fix in 2011, but executives rejected the fixes in order to maximize profits on gaming apps. According to internal memos disclosed through a Reveal News lawsuit, as early as 2011 Facebook supported “Friendly...
Mississippi Gaming Commission Approves Long Beach Casino
The residents of Long Beach voted down casino proposals three times in the 1990s, but they welcome a casino in the post-Katrina economy. The Mississippi Gaming Commission approved a land-based casino for the Gulf Coast city of Long Beach, Mississippi this week....
Luxor Capital Buys Ocean Resort Casino from Bruce Deifik
Christian Leone founded Luxor Capital Group in 2013. By 2016, Luxor’s hedge fund controlled $3.8 billion in capital. Luxor Capital Group, a New York hedge fund, is the new owner of Ocean Resort Casino (formerly Revel Casino). Luxor Capital is the mystery...
Georgia Gambling Proponents Change Their Legislative Tactics
Ron Stephens and Brandon Beach have sponsored gambling bills in the Georgia legislature in prior years. Georgia lawmakers who want to pass gambling legislation have changed their focus in 2019. State Rep. Ron Stephens and State Sen. Brandon Beach each have introduced...
Nevada Regulators Lodge 10 Complaints in Wynn Resorts Probe
The Nevada Gaming Control Board said Wynn executives ignored a bevy of complaints ranging from 2005 to 2014. The Nevada Gaming Control Board (NGCB) ruled on Tuesday that Wynn Resorts’ board of directors ignored allegations of sexual harassment and assault...
Iowa State Rep Predicts Sports Betting Legalization in 2019
Rep. Bobby Kaufmann is known for submitting bold proposals to the Iowa state legislature. Rep. Bobby Kaufmann (R-Wilton) said that Iowa has “a very good shot” of legalizing sports betting sometime this year. Rep. Kaufmann said that a failed attempt...
NASCAR Approves Sports Betting, Casino Sponsorships for 2019
The 2019 NASCAR season allows teams to sign partnerships with sportsbooks, casino companies, and other gambling groups. The NASCAR auto racing league approved sports betting and gambling company sponsorships for the 2019 season. The decision comes roughly 4 weeks...
Las Vegas Baccarat Could Be Next Target in Chinese Trade War
The theory, put forward by I. Nelson Rose and others, is China might restrict travel of its high rollers to the United States. Gaming analysts believe Las Vegas could be a target in the continuing tariff war between the United States and China. Those analysts believe...
