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Business
January 30, 2020
Big Plans as the ICE London 2020 Approaches
ICE London is, without a doubt, one of the most important conferences in the gambling industry. This year, the high-profile exhibition event will be running from February 4 to February 6 at the ExCeL in London. As expected, several gaming operators and gambling companies are already gearing up to showcase the products and offerings that […]
Business
January 29, 2020
Betting for 2020 Super Bowl Final Expected to Go through the Roof
The American Gaming Association /AGA/ announced today that the Super Bowl LIV match on February 2 is loaded with huge expectations betting-wise, as a recently conducted survey showed that at least 3 million more adult Americans have strong intentions to place a bet on the game, one way or another. The Survey The survey conducted […]
Business
January 28, 2020
Twin River Enters into Colorado Partnership with DraftKings and FanDuel
Twin River, the Rhode Island-based gaming company, has announced that is has signed partnership deals with DraftKings and FanDuel regarding the operations of their recently acquired three casinos in Colorado. Acquiring the Casinos The ink on the $51 million deal with Affinity Gaming for the three casinos, Golden Gates, Golden Gulch and Mardi Gras, located […]
Business
January 28, 2020
UK Doubling Down on Efforts to Promote Safer Gambling
Last year, the United Kingdom Gambling Commission and other gambling-related authorities in the UK implemented a number of measures that were designed to foster responsible gambling. These measures have had varying degrees of success which leaves room for improvement. Fortunately, the gambling commission is not backing down on its quest to clean up the gambling […]
Business
January 27, 2020
Michigan Online Poker Not Quite There Yet
In December 2019, Michigan became the sixth US state to legalize online poker, rounding up a year marked with significant events for the online gambling industry and setting up the perfect opening full of hopes and expectations for 2020. Players, Hold Your Horses Passing the Lawful Internet Gaming Act by itself does not mean that […]
Business
January 27, 2020
Red Rock Hikes New Corporate Debt Selling up to $750mln
The Nevada-based Red Rock Resorts, in a post-market announcement on Friday, released the news that they are selling corporate debt for $750 million, up by $250 million from their previous announcement the day before, and expect the offering to be complete by February 7. The Gambling Industry Driven by Credit According to analysts, the current […]
Business
January 26, 2020
FanDuel Operations in Pennsylvania Expand
Six months after the official launching of online casino in Pennsylvania in the summer of 2019, the number of operators offering online gambling within the state has grown up to six, as FanDuel has recently joined the group by expanding on its sports betting success with the introduction of slot and table games. Sports Betting […]
Business
January 26, 2020
Jack Entertainment Pays $65m to Lease Casinos from VICI Properties after Acquisition
Jack Entertainment has sold two Cleveland casinos to VICI Properties and paid almost $65 million to have them leased back from the company. VICI Leases Newly-Acquired Properties Back to Previous Owner On Friday, VICI Properties said that it had completed the acquisition of two casino properties in Ohio, spending $843.3 million to claim ownership of […]
Business
January 22, 2020
Louisiana Gaming Regulator Gives The Go-Ahead To Eldorado-Caesars Merger
After the approval of the regulatory body in Missouri in December 2019, now the merger between Eldorado Resorts, Inc. and Caesars Entertainment has been given the green light from the Louisiana Gaming Control Board. Initially announced in June 2019, the $17.3 billion cash-and-stock deal is about to create one of the largest casino operators in […]
Business
January 21, 2020
Genting Group Preparing $10bln For Japanese IR
Amid the bribery allegations against Japanese politicians and the opposition joint effort to abolish the Integrated Casino Promotion Act, the Japanese government decided to postpone the publication of its Basic Policy final set of criteria for selection between the candidates bids, as the Diet needed more time to evaluate public opinion, assess the extent of […]