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Business
November 21, 2020
PointsBet Launches Proprietary Tech Offering in Colorado, Completes Construction of Denver Headquarters
PointsBet announced on November 18 that it has officially launched its digital products offering in Colorado and is upgrading the Double Eagle resort in Cripple Creek with a digital sportsbook. Hometown Promotions at Double Eagle Leading sportsbook operator PointsBet announced Wednesday the official launch of its sports betting offering and mobile app in Colorado. PointsBet […]
Business
November 20, 2020
Bally’s Affected by Rhode Island Casino Restrictions
Following recent spikes of positive COVID-19 cases, Governor Gina M. Raimondo revealed enhanced restrictions for Rhode Island. The new restrictions will come into effect on November 30 and will be effective for two weeks. Besides bars and gyms, the new restrictions also affect the two Bally’s casinos in the state. New COVID-19 Restrictions to Come […]
Business
November 20, 2020
William Hill Shareholders Approve Caesars Takeover Bid
William Hill shareholders have given their approval for the takeover bid by Caesars Entertainment on Thursday in the company’s headquarters in London. Caesars Moves Close to William Hill US Acquisition Expectedly, William Hill shareholders vouched their support for the £2.9 billion takeover bid put forth by Caesars Entertainment. The vote took place in William Hill’s […]
Business
November 20, 2020
Potential Second Shutdown In Nevada As Covid-19 Cases Skyrocket
Nevada Governor Steve Sisolak has announced possible measures against the spread of Covid-19, as the number of positive cases increases in the state. Mitigation Options Considered By Nevada Authorities Nevada currently faces a surge in Covid-19 cases, which prompted Governor Steve Sisolak to announce his administation is considering “all mitigation options” against the spread of […]
Business
November 20, 2020
Bally’s Corp Acquires Bally’s Atlantic For $25 Million, Plans For Improvements
Previously known as Twin River Worldwide Holdings, Bally’s Corp announced on November 18 it closed a $25 million deal with Caesars Entertainment and VICI Properties to acquire Bally’s Atlantic City. New Upgrades For Bally’s Atlantic City Bally’s Corp completed Wednesday the acquisition of Bally’s Atlantic City for $25 million after New Jersey gaming regulators approved […]
Business
November 19, 2020
Golden Nugget Online Gaming Secures Market Entry in Illinois
The online arm of Golden Nugget announced today it entered into a definitive agreement with Danville Development to ensure market access for online sports wagering and, when legalized, iGaming in Illinois. New Golden Nugget Casino The agreement struck between Golden Nugget Online Gaming (GNOG) and Danville Development, a joint venture company between Wilmot, a subsidiary […]
Business
November 19, 2020
Wind Creek Bethlehem Opens Betfred Powered Sportsbook
Wind Creek Bethlehem and Betfred announced the opening of a new sportsbook. Powered by Betfred, the sportsbook features two state-of-the-art video walls, multiple TVs, self-service betting kiosks as well as sports pub. Undoubtedly the new venue brings an exciting betting experience for visitors of Bethlehem, Pennsylvania. Wind Creek Bethlehem Opens Sportsbook Wind Creek Hospitality together […]
Business
November 19, 2020
Bally’s to Buy Bet.Works, Launches Interactive Division
Bally’s Corp. launches two new divisions and takes aim at multi-channel experiences online, bringing sports betting and iGaming to the fore. Bet.Works to Help Bally’s with Interactive Division Formerly known as Twin Rivers, Rhode Island-based Bally’s Corp. has agreed to pay $125 million to acquire Bet.Works, a sports betting solutions provider, which already powers sports […]
Business
November 18, 2020
Del Lago Lays Off 50 Employees After NY Governor Issues Covid-19 Restrictions
Del Lago said it will lay off 50 employees, as NY Governor Andrew Cuomo announced additional Covid-19 restrictions last week, which included a reduction in operating hours for casinos. Casinos Reduce Operating Hours The del Lago Resort & Casino has laid off 50 employees, following Governor Andrew Cuomo’s announcement of new Covid-19 restrictions last week. […]
Business
November 18, 2020
MGM Growth Properties Offers Senior Unsecured Notes for $750M
MGM Growth Properties is looking to raise $750 million of senior unsecured notes, priced at 3.875% and due 2029 at par, the real estate trust announced Tuesday. The offering which was upsized by $250 million from the initial $500 million, is expected to close November 19, subject to customary closing conditions. MGM Resorts’ Redemption Right […]