The Russian police have revealed an underground casino network in Moscow during a joint operation of several investigative offices. Following a long investigation and more than 80 searches of businesses and homes, authorities have detained 100 people, including the leader of the ...
New Jersey bookmaker FanDuel has declined to pay out a bettor his potential winnings of around $82,000 due to a pricing error. The dispute has not yet made it to court but it was reported by a local TV station, which explains that the $110 bet on Broncos was placed at the FanDuel ...
Formula One, the highest and most prestigious class of auto racing sports in the world, has surprisingly changed its years-long attitude towards sponsorship by bookies on Tuesday. The brand’s owner, Liberty Media, announced it has signed a sponsorship and data rights deal with In ...
The tax on gambling remains a hot issue for Kenyan politicians as President Uhuru Kenyatta rejected the Finance Bill 2018 and proposed to cut the tax from 35% to 15%. Until the Bill is signed, the Treasury would not release funding for local sports bodies, including salaries and ...
The number of daily visitors at the recently opened MGM Springfield has been around 50,000 on average during weekends and approximately 25,000 on weekdays, which significantly exceeds expectations. Revenues have also been higher than initial projections, casino officials told sta ...
After being forced to shut down for the first time on Saturday night, Macau casinos opened Monday morning as typhoon Mangkhut caused huge devastation in Hong Kong and killed at least 59 people in the Philippines. The 33-hour shutdown during the weekend is estimated to result in a ...
J.B. Pritzker, Illinois’ Democratic governor candidate, said on Friday that sports betting is something that the state should consider as a way to secure additional revenues that can prop up its ailing finances, local news outlet the Chicago Tribune reports.Mr. Pritzke ...
Gaming and hospitality company Eldorado Resorts has been given a temporary approval to own and operate Tropicana Casino in Atlantic City. The move comes as part of a $1.85-billion acquisition deal that will see Eldorado assume control over the gambling venue’s parent company Trop ...
The introduction of parking fees at Las Vegas Strip properties has not been keeping visitors away, according to Caesars Entertainment Corp. CEO Mark Frissora. As reported by the Las Vegas Review-Journal, Mr. Frissora attended a Bank of America investor conference in New York City ...
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 ...
South Korea’s Paradise City integrated resort is set to unveil its second phase of development on September 21, owner Paradise Segasammy Co. said earlier today. The property is located in the city of Incheon, known to be one of the country’s main transportation hubs.Its seco ...
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 ...
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 ...
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 ...
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 ...
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