Churchill Downs Gets Regulatory Approval for Rivers Casino Des Plaines

Churchill Downs Gets Regulatory Approval for Rivers Casino Des Plaines

by March 2, 2019

Churchill Downs gets regulatory OK to buy Rivers Casino Des Plaines, the deal is expected to be closed next weekChurchill Downs Inc. received on Friday regulatory approval to acquire a majority stake in Rivers Casino Des Plaines in the Chicago area. However, the casino and ra ...

Ocean Resort Casino Shows Significant Improvement, New Owner Says

Ocean Resort Casino Shows Significant Improvement, New Owner Says

by March 1, 2019

Ocean shows signs of improvement, new owner views the property as great casino with beautiful resort amenitiesOcean Resort Casino has improved its performance since news about the change of ownership emerged in January, according to the divestiture trustee charged with overse ...

Red Rake Gaming Secures MGA Casino Content Supply License

Red Rake Gaming Secures MGA Casino Content Supply License

by February 28, 2019

Spanish online casino games developer Red Rake Gaming has obtained a B2B license from the Malta Gaming Authority, the company announced in a press release on WednesdayRed Rake Gaming regards its brand-new MGA license as an important milestone in its expansion and growth strat ...

Paul Phua Acquitted of Illegal Betting Operation Charges

Paul Phua Acquitted of Illegal Betting Operation Charges

by February 27, 2019

Macau court sides with Paul Phua, clears the Malaysian businessman of charges of being the mastermind behind an illegal betting operationThe Macau Court of First Instance decided on Tuesday to acquit Malaysian businessman and poker pro Paul Phua of charges of running an illeg ...

Nevada Fines Wynn Resorts $20 Million to Settle Sexual Harassment Scandal

Nevada Fines Wynn Resorts $20 Million to Settle Sexual Harassment Scandal

by February 27, 2019

Wynn Resorts faces a record $20 million fine after admitting to have covered up multiple sexual harassment incidents involving its former bossThe Nevada Gaming Control Board slapped yesterday a record $20-million fine on casino giant Wynn Resorts for its part in the sexual ha ...

Caesars, DraftKings Forge Multiyear Sports Betting Partnership

Caesars, DraftKings Forge Multiyear Sports Betting Partnership

by February 26, 2019

Casino giant Caesars Entertainment Corp. and fantasy sports turned sportsbook operator DraftKings Inc. announced on Monday that they have forged a partnership that will smooth the latter’s way into a number of new jurisdictionsUnder the terms of the deal, Caesars has obtained ...

LeoVegas Ventures Into Sweden’s eSports Betting Space

LeoVegas Ventures Into Sweden’s eSports Betting Space

by February 26, 2019

LeoVegas explores a new vertical with today’s roll-out of its brand-new eSports betting website, pixel.bet, in SwedenLeoVegas is venturing into the lucrative eSports betting market with today’s launch of the newest brand in its online gambling portfolio – pixel.bet. The eSpor ...

After Casino, World Expo, Osaka’s Mayor Now Pitches Formula One Plans

After Casino, World Expo, Osaka’s Mayor Now Pitches Formula One Plans

by February 25, 2019

The Mayor of Osaka believes that the city’s successful bid to host the 2025 World Expo and its plan to bid to host one of the country’s three future integrated resorts could also boost its chances to become home to a Formula One Grand Prix raceLocal news outlet The Mainichi q ...

Caesars, Carl Icahn in Talks over Board Representation, New CEO

Caesars, Carl Icahn in Talks over Board Representation, New CEO

by February 25, 2019

Caesars reportedly in talks to give Carl Icahn board representation, activist investor proposes Anthony Rodio as Mark Frissora’s successorGaming and hospitality powerhouse Caesars Entertainment Corp. is reportedly in talks with Carl Icahn to offer the New York activist invest ...

Malaysia’s WA Hospitality to Enter Cambodia’s Casino, Hospitality Market

Malaysia’s WA Hospitality to Enter Cambodia’s Casino, Hospitality Market

by February 25, 2019

Malaysian hotel operator WA Hospitality has revealed plans to enter the casino and hospitality market of Cambodia through a partnership with local real estate developer Won MajesticThe Malaysian company has signed an agreement to operate Won Majestic Casino Hotel & Resort ...

Rivers Casino Des Plaines Deal May Get Regulatory OK This Friday

Rivers Casino Des Plaines Deal May Get Regulatory OK This Friday

by February 24, 2019

Churchill Downs could get regulatory nod to expand further in Illinois as the state gears up for sports betting legalization pushChurchill Downs could get regulatory approval for its offer to buy a majority stake in Rivers Casino Des Plaines this Friday, news outlet Daily Her ...

In Historic Move, Virginia Legislature Passes Casino Legalization Bill

In Historic Move, Virginia Legislature Passes Casino Legalization Bill

by February 24, 2019

The Virginia General Assembly supports the legalization of casino gambling and development of casinos in certain areas across the stateA bill paving the way for the establishment of casinos in select areas across Virginia passed the state General Assembly Saturday night. The ...

Greece Opens Bidding Process for Hellinikon Casino Resort

Greece Opens Bidding Process for Hellinikon Casino Resort

by February 23, 2019

Greek gambling regulator publishes a call for tenders for operators interested to obtain a casino license for the Hellinikon mega-resortThe bidding process for the development of a casino as part of a larger integrated resort set to be located at the site of the former Ellini ...

Caesars’ Largest Stockholder Presses for Sale, Joining Icahn and Other Investors

Caesars’ Largest Stockholder Presses for Sale, Joining Icahn and Other Investors

by February 23, 2019

Another major Caesars stockholder is pushing for the company’s sale to best serve and enhance shareholder valueCaesars Entertainment Corp.’s largest shareholder is urging the company to consider a sale, joining billionaire Carl Icahn and other investors who are pressing the g ...

Slingo Owner Sells Real-Money Gaming Business

Slingo Owner Sells Real-Money Gaming Business

by February 22, 2019

Gaming Realms has moved to sell its real-money business to focus on content development and licensingUK gaming company Gaming Realms has agreed to sell its real-money gaming business to Oslo-listed River iGaming for a total consideration of £11.5 million, news emerged today. ...