MassGaming Investigators Extend Probe into Steve Wynn for Comprehensiveness Purposes

MassGaming Investigators Extend Probe into Steve Wynn for Comprehensiveness Purposes

by September 14, 2018

Investigators from the Massachusetts Gaming Commission have extended their investigation into casino mogul Steve Wynn, Las Vegas gaming and hospitality giant Wynn Resorts, and the company’s suitability to operate a casino resort in the state.The probe was expected to be compl ...

Sports Betting Helps Atlantic City to 24% Increase in August Gambling Revenue

Sports Betting Helps Atlantic City to 24% Increase in August Gambling Revenue

by September 13, 2018

“It is an exciting time for Atlantic City”, David Rebuck, Director of the New Jersey Division of Gaming Enforcement, said on Wednesday after the publication of the August report about the performance of the city’s gambling industry.Legal sports betting boosted monthly result ...

Hedge Fund HG Vora Builds Stake in Caesars, Presses for Asset Divestment or Sale

Hedge Fund HG Vora Builds Stake in Caesars, Presses for Asset Divestment or Sale

by September 13, 2018

New York hedge fund HG Vora Capital Management LLC has quietly built a 4.9% stake in Las Vegas casino and hospitality giant Caesars Entertainment Corp. and is pressing for the company to consider divestment of assets or an outright sale, Reuters reported on Wednesday citing unnam ...

Casino, Hospitality Giant Caesars Files for Trademark in Macau

Casino, Hospitality Giant Caesars Files for Trademark in Macau

by September 12, 2018

Two subsidiaries of US gaming and hospitality giant Caesars Entertainment Corp. have applied for trademark protection in Macau, news outlet Macau Business reports citing a dispatch in the city’s Official Gazette from earlier today.The applications include different services ...

FanDuel Extends Sports Betting Footprint to Mississippi with Sportsbook at IP Casino Biloxi

FanDuel Extends Sports Betting Footprint to Mississippi with Sportsbook at IP Casino Biloxi

by September 12, 2018

Daily fantasy sports company FanDuel is set to expand its sports betting footprint with its entry into Mississippi’s regulated betting market. Under a partnership between the company and gaming and hospitality operator Boyd Gaming, the latter company will rebrand the sportsbook a ...

Betsson Subsidiary to Appeal €300,000 Fine from Dutch Gambling Regulator

Betsson Subsidiary to Appeal €300,000 Fine from Dutch Gambling Regulator

by September 11, 2018

Corona Ltd., a subsidiary of Malta-based online gambling operator Betsson, announced yesterday that it has decided to appeal the fine it has been issued by the Dutch gambling regulator, Kansspelautoriteit, for serving Dutch gaming customers.Corona operates the Oranje Casino a ...

Universal Entertainment to Backdoor List Philippine Casino Subsidiary

Universal Entertainment to Backdoor List Philippine Casino Subsidiary

by September 11, 2018

Japanese gaming giant Universal Entertainment Corp. is taking its Philippines-based casino company Tiger Resort Asia Ltd. public through the acquisition of a majority stake in a company listed on the Philippine Stock Exchange.Manila-based holding company Asiabest Group Inter ...

Melco to Delist from Philippine Stock Exchange due to Failure to Raise Funds for Casino Expansion

Melco to Delist from Philippine Stock Exchange due to Failure to Raise Funds for Casino Expansion

by September 10, 2018

Melco (Philippines) Investments Limited, operator of City of Dreams Manila, today revealed plans to delist from the Philippine Stock Exchange, citing the inability to raise funds for planned expansion of the Manila-based integrated resort as the main reason for its decision....

Casino Tycoon Kazuo Okada Sues His Own Company, Wants Reinstatement to Board

Casino Tycoon Kazuo Okada Sues His Own Company, Wants Reinstatement to Board

by September 10, 2018

Japanese businessman Kazuo Okada has filed a lawsuit against Tiger Resort Leisure and Entertainment Inc., which he founded in the 2000s, and is asking a Philippine court to intervene and reinstate hims as a shareholder, director, chairman, and CEO of the company. Tiger Resort, th ...

New York Jets Reportedly Seek Sports Betting Partner in New Jersey

New York Jets Reportedly Seek Sports Betting Partner in New Jersey

by September 9, 2018

The New York Jets are reportedly holding talks with some of New Jersey’s operational sportsbooks in a bid to find an official gambling sponsor for the 2018 NFL season, the New York Post reports citing unnamed sources.Reports emerged shortly after a committee of NFL own ...

Bristol Mall Owners Plan to Bring Casino, Sports Betting to Virginia

Bristol Mall Owners Plan to Bring Casino, Sports Betting to Virginia

by September 8, 2018

The new owners of the former Bristol Mall in the city of Bristol, Virginia provided on Friday comprehensive details about their plan to convert the vacated building into a casino resort that is expected to attract more than 3 million visitors after its first five years of operati ...

Nearly $10 Million Wagered at Mississippi’s Sportsbooks in First Full Month of Legal Sports Betting

Nearly $10 Million Wagered at Mississippi’s Sportsbooks in First Full Month of Legal Sports Betting

by September 7, 2018

Bettors wagered $9.8 million at Mississippi’s licensed sportsbooks in the period between August 1-September 3, Allen Godfrey, Executive Director of the Mississippi Gaming Commission, revealed on Thursday.Mississippi was the third US state to launch legal sports betting opera ...

PokerStars Owner Removes iDEAL for Dutch Players

PokerStars Owner Removes iDEAL for Dutch Players

by September 5, 2018

A new round of news has arrived from the Netherlands, following the late-August announcement that the local gambling regulator, Kansspelautoriteit, has slapped a €300,000 fine on a Betsson subsidiary for targeting Dutch players.News emerged earlier today that The Stars Group ...

Failed Lucky Dragon Casino to Be Sold at September 10 Auction amid Investor Unrest

Failed Lucky Dragon Casino to Be Sold at September 10 Auction amid Investor Unrest

by September 5, 2018

Lucky Dragon Hotel and Casino was billed as a property of many firsts. Most notably, it was the first hotel and casino resort to be built from the very ground up in post-Recession Las Vegas. In addition, it was the first Vegas casino to specifically target customers from Asia. Ho ...

Sports Betting Companies Dominate Google Searches in Kenya as MPs Reject Gambling Tax Cut

Sports Betting Companies Dominate Google Searches in Kenya as MPs Reject Gambling Tax Cut

by September 4, 2018

Sports betting companies were the most popular search terms on Google in August, according to data recently released by the major search engine. ‘Sportpesa’, ‘betpawa’, ‘betika’, ‘betin’, ‘forebet’ were found to have been the most popular terms typed by Kenyan users of Google. ...