Carl Icahn to Sell Shuttered Trump Taj Mahal Casino

by February 7, 2017

Business magnate Carl Icahn is set to embark on a quest for a new owner of the shuttered Trump Taj Mahal hotel and casino complex. The venue closed doors in October after a prolonged workers’ strike.A bill authored by a key New Jersey legislator to strip the businessman of h ...

Melco-Hard Rock Consortium to Open Temporary Casino in Cyprus in H2

by February 6, 2017

A temporary casino, operated by the Melco-Hard Rock consortium, may be launched in the Republic of Cyprus in the second half of the year, the Mediterranean island country’s Minister of Energy, Commerce, Industry, and Tourism Yiorgos Lakkotrypis told media late last week.The ...

Microgaming and PokerStars Sign Top-Tier Online Casino Content Supply Deal

by February 6, 2017

Online gaming provider Microgaming today announced that it has signed its first top-tier supply deal for the year. Under a recent agreement with poker brand PokerStars, the Isle of Man-based supplier will provide its online casino content to its new partner via the Quickfire gami ...

New Jersey iGaming Market to Grow 17% in 2017

by February 5, 2017

New Jersey’s online gambling market is expected to grow 17% this year, according to a recent study by research firm Eilers & Krejcik Gaming, LLC.As noted in the report, online slots will remain the biggest winner in terms of revenue generated. Proceeds from this ty ...

US Regulated Online Poker’s Financial Performance in 2016

by February 4, 2017

Online poker is a young and immature industry in the US in the post-UIGEA era. Only three states – Nevada, Delaware, and New Jersey – have been allowed to legalize Internet gambling within their borders since 2006 when the Act came into force. And as we are going further into 201 ...

Investors to Sue Crown Resorts in Class Action over China Arrests

by February 3, 2017

Australian casino operator Crown Resorts may become a defendant in a class action from shareholders as a result from a significant share slide over the past several months. Australian plaintiff law firm Maurice Blackburn Lawyers has, as of today, started accepting registrations f ...

Betsson Boosts UK Expansion Efforts with NetPlay TV Acquisition

by February 2, 2017

Swedish gambling group Betsson AB announced that it has undertaken further steps to expand its presence into the UK gambling market. It has made a cash offer to acquire UK interactive gaming company NetPlay TV for £0.09 per share or the total amount of £26.4 million.The deal ...

ASF Consortium Gold Coast Casino Project to Generate 13,000 Jobs

by February 2, 2017

The planned A$3-billion Gold Coast integrated resort is expected to generate more than 13,000 jobs for residents of the region, local media reported, citing figures released by developer ASF Consortium.In December, the Chinese-backed investors presented a new development pla ...

GVC Holdings Hails “Pleasing” Q4 Performance Despite Unfriendly Sports Results

by February 2, 2017

Isle of Man-headquartered online gambling operator and B2B service supplier GVC Holdings today provided a trading update for the fourth quarter of 2016. The company is set to post its full-year results on March 23.GVC generated daily net revenue of €2.5 million during the re ...

Playtech Opens Its Newest and Largest Live Casino Studio

by February 1, 2017

Developer and supplier of solutions for the international gambling industry Playtech today announced the launch of its newest and largest by far live casino studio. The new facility is located in the heart of Riga, the capital city of Latvia.Here it is important to note that ...

Macau Casino Revenue Up for Sixth Straight Month

by February 1, 2017

Casino revenue in Macau rose for a sixth consecutive month in January, figures provided by the city’s Gaming Inspection and Coordination Bureau showed. The amount of MOP19.3 billion ($2.4 billion) was generated by local casinos last month, reflecting an increase of 3.1% from Janu ...

Americans Expected to Place $4.5 Billion in Illegal Bets on Super Bowl LI

by January 31, 2017

The amount of $4.7 billion is expected to be wagered on the 51st edition of the Super Bowl, according to figures posted by the American Gaming Association. The New England Patriots will face off the Atlanta Falcons on February 5 to determine the US National Football League champi ...

PokerStars Enters Czech iGaming Market as First Licensed Poker Operator

by January 31, 2017

PokerStars has become the first licensed online poker operator to enter the newly regulated Czech iGaming market, as the brand itself confirmed today. The popular poker room has been granted a Live Games license by the local gambling regulator on January 28.The license allows ...

“Flawed” MPs Report on FOBTs Angers UK Gambling Operators

by January 31, 2017

UK gambling operators and a group of MPs have once again exchanged words in relation to the highly contentious fixed odds betting terminals as part of a highly publicized war between the two parties that spans for several years now.The Association of British Bookmakers urged ...

DraftKings Targets German Market with Malta Skill Games License

by January 30, 2017

Fantasy sports company DraftKings today announced that it has been granted a license by the Malta Gaming Authority under a Skill Games regulatory framework introduced by the Mediterranean island nation last year.The Skill Games license will allow the Boston-headquartered pro ...