Evolution Accuser Still a Mystery in ‘Black Market’ Defamation Case
Casino.org
by Philip Conneller
53m ago
Online gaming software giant Evolution AB will have to wait to discover the identity of the author of a report that it claims was defamatory and wiped $3 billion off its market cap. Judge John C Porto, above, has determined that the veracity of the Evolution report – or lack of — must be better established before its author can be revealed in order to protect the attorney-client relationship. (Image: POAC) Evolution is suing the unknown entity for libel, along with the unknown investigative firm that compiled the report, and Calcagni & Kanefsky (C&K). That’s the New Jersey law firm tha ..read more
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Crown Resorts Retains Coveted Sydney Casino License After Corp. Transformation
Casino.org
by Devin O'Connor
2h ago
Australian casino giant Crown Resorts has been deemed suitable to continue possessing a gaming license in New South Wales (NSW) after the embattled organization underwent a corporate overhaul in recent years. Crown Sydney has been found suitable to continue holding a casino license in New South Wales. The regulatory inquiry outcome is a major win for Crown Resorts, which last month received a similar suitability finding in Victoria for Crown Melbourne. (Image: Crown Resorts) On Tuesday, gaming regulators in NSW said Crown’s governance revamp has brought the organization into regulatory complia ..read more
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Pennsylvania Online Gaming Amendment Bill Filed to Remove Credit Card Deposits
Casino.org
by Devin O'Connor
2h ago
Legislation in Pennsylvania seeking to amend rules regarding how players fund their online gaming accounts has been filed in the Harrisburg capital. Online gamblers in Pennsylvania can use their credit cards to fund their internet wagering accounts. Several state senators, however, are concerned online gambling on credit is only worsening the state’s consumer credit card debt problem. (Image: Shutterstock) Casino.org reported last month on state Sen. Wayne Fontana (D-Allegheny) drafting legislation to change regulatory conditions for online gambling. Fontana, citing piling credit card debt amo ..read more
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‘My Client Was Lying’ — Attorney for Accused Tupac Murderer
Casino.org
by Corey Levitan
19h ago
The defense attorney representing the accused murderer of hip-hop legend Tupac Shakur said on Wednesday that his client, Duane “Keffe D” Davis, repeatedly lied about his involvement in the 1996 drive-by shooting in Las Vegas. Duane “Keffe D” Davis is led into a Las Vegas courtroom on Wednesday. (Image: Associated Press) “He himself is giving different stories,” attorney Carl Arnold told reporters outside the Regional Justice Center in Las Vegas on Tuesday, following a brief meeting with a Nevada judge. His trial is scheduled for Nov. 4. Davis, a former Los Angeles gang kingpin, stands accused ..read more
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Casino Crime Round Up: Poker Game Loser Allegedly Punches Other Player
Casino.org
by Ed Silverstein
19h ago
A man who lost a poker game at Delaware Park Casino recently wound up getting arrested after he got into a fight with another player, according to Delaware State Police. Delaware Park Casino gaming floor, pictured above. A man was arrested at the property after a fight. (Image: Delaware Park Casino) Tavon White, 28, of Newark, Del., was charged with second-degree assault and criminal mischief last Friday morning at Delaware Park Casino in Wilmington, Del. He and the victim got into a struggle at about 2:30 a.m. White allegedly punched the other man in the face after an argument escalated into ..read more
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Chickasaw Nation to Open Lakecrest Casino Hotel in Oklahoma
Casino.org
by Devin O'Connor
22h ago
The Chickasaw Nation will open its newest casino hotel tomorrow, April 24.   Oklahoma’s Chickasaw Nation will hold a soft opening of the Lakecrest Casino & Hotel on Wednesday, April 24. The tribe says a grand opening and ribbon cutting will be held at a later date. (Image: Lakecrest Casino & Hotel) Continuing its expansion spree in Oklahoma, the Chickasaw Nation, already one of the nation’s largest gaming tribes with 16 casinos and three travel stop gaming plazas, the federally recognized plans to open its 17th casino in the Sooner State on Wednesday. Lakecrest Casino & Hotel ..read more
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Las Vegas Sands Could Delight Investors with Debt Refinancing
Casino.org
by Todd Shriber
1d ago
Las Vegas Sands (NYSE: LVS) could earn praise from investors by refinancing some upcoming debt maturities, according to sell-side analysts. Sands China’s Parisian Macau. The operator and parent Las Vegas Sands are likely to push out 2024 and 2025 debt maturities, says CBRE. (Image: YouTube) In a recent report to clients, CBRE Capital Advisors analysts Colin Mansfield and Connor Parks noted the gaming company has $1.75 billion coming due in August, which could be refinanced. They added that Sands is also likely to refinance $500 million in corporate bonds maturing in June 2025. Sands China, whi ..read more
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