Crown Resorts Sells Melbourne Property to Realign Focus on Global Gaming Licenses and Corporate Restructuring Crown Resorts has successfully sold its One Queensbridge development site, a strategic move designed to facilitate corporate restructuring and optimize its portfolio following extensive governmental reviews. As the company works to recuperate losses and stabilize its operations, a primary focus […]

Buddhist Monk Embezzled US$9 Million for Online Baccarat, Gets Karma A high-profile investigation has unfolded at one of Thailand’s most prominent temples, where a Buddhist abbot is under scrutiny for allegedly embezzling over US$9 million (approximately 290 million baht). The investigation reveals that the stolen religious funds were purportedly laundered through an illegal gambling network, […]

From Dining to Dice: How Piero’s Italian Restaurant Changes Hands Amidst the High Stakes of Las Vegas Casinos Piero’s Italian Cuisine in Las Vegas has been sold to a local restaurateur, according to a reliable source. This sale follows allegations that the founder’s son committed fraud by securing a $1.5 million loan against the business. […]

Vora Criticizes Penn Plan to Refresh Board, Demanding Greater Accountability for the Casino Operator As a leading casino operator, understanding the essential drivers of industry success is vital; therefore, we have outlined the following key highlights to guide your strategic decisions. Hedge fund labels plan to potentially add a director post-annual meeting as “an assault” […]

Federal Lawmakers Demand Reforms to Government Charge Cards Following Exposure of Excessive Gambling Spending Sen. Joni Ernst and Rep. James Comer want a probe into government spending Ernst and Comer are concerned about federal government charge cards Card records show transactions at casino ATMs and strip clubs Two Republican federal lawmakers — Sen. Joni Ernst […]