Casino
June 9, 2021
Ohio Casinos See Third Straight Month of Revenue Improvements As May Gambling Rises
There is more evidence that the US economy is on the rebound following a disastrous year caused by COVID-19. Several states have already reported significant improvements with their gambling markets and Ohio is proving that the gains are more than just a short-term trend. The state’s 11 casinos and racinos reported significant revenue improvements for […]
Business
June 9, 2021
Sportradar’s $10B SPAC Merger Collapsing, IPO Option Remains
Sports data supplier Sportradar is pulling out of the proposed merger with Horizon Acquisition Corp. II and is looking for a traditional initial public offering (IPO), Sportico reports based on people familiar with the matter. Going Public via IPO The $10 billion business combination between the Swiss-based sports data provider and the special purpose acquisition […]
Business
June 9, 2021
Caesars Entertainment to Possibly Raise Room Rates, Shift Focus as It Seeks Further Expansion
A lot of changes are coming to Caesars Entertainment this year, and some, if implemented, may not be welcomed by guests. The casino operator reportedly just met with Deutsche Bank analysts to get a different perspective on its short- and long-term movements, and the results, according to CDC Gaming Reports, might lead the company in […]
Legal
June 9, 2021
New York May Have a Tight Mayoral Election, Eric Adams in the Lead
The mayoral race in New York continues with more than ten Democrats and two Republicans competing for the position. A recent poll suggests that Brooklyn borough president, Eric Adams is in the lead, but according to a nonprofit news outlet, he may have some skeletons in his closet. Mayoral Race in New York Continues Democrats […]
Business
June 9, 2021
Genius Sports and Shareholders Offer for Sale 20 Million Shares
Sports betting company Genius Sports announced it launched an underwritten public offering of the company’s common stock to the amount of 20 million shares. Registration with the SEC Filed, Not Effective Yet The public offering for which Genius Sports filed a registration statement and a preliminary prospectus with the US Securities and Exchange Commission (SEC) […]
Casino
June 9, 2021
Detroit Casinos with $109.7 Million Revenue in May
Detroit casinos have reported $109.7 Million Revenue in May, reporting a significant recovery with only 15% less from slots and table games compared to the same period in 2019. Detroit Casinos with a Serious Outlook Towards Recovery Even though Detroit casinos have operated at a limited capacity in May, they have recorded an aggregate revenue (amounting […]
Legal
June 9, 2021
Reversal of Lifetime Ban Brings 500 Gamblers Back to Detroit Casinos
Gamblers who previously put their names on the voluntary exclusion list for Detroit’s three casinos now have a path back inside due to a new law. Voluntary Exclusion List Introduces Shorter Duration A total of 545 people have removed their names from the Michigan Disassociated Persons List following the adoption of a new law. The […]
Casino
June 9, 2021
Jenny Holaday Is the First Woman to Run a Casino in Massachusetts
Jenny Holaday is the first woman to run a casino in Massachusetts, succeeding Encore Boston Harbor president Brian Gullbrants, who is leaving for a high-profile job with the resort’s parent company in Las Vegas. Brian Gullbrants Becomes Wynn Las Vegas Properties President Wynn Resorts, owner of Encore Boston Harbor Resort, located in Everett, has announced […]
Casino
June 9, 2021
Virgin Hotels Las Vegas Has Big Plans for This Weekend and Everyone’s Invited
When Sir Richard Branson first conceived transforming the former Hard Rock Hotel and Casino in Las Vegas into a Virgin-branded world-class resort, there’s no doubt he wasted no time preparing for its grand opening. Always a showman, he likes to make grand entrances, but has been forced to change his plans a few times because […]
Poker
June 8, 2021
World Poker Tour Reveals 2021 Event Schedule for North America
The World Poker Tour unveiled its schedule for events planned until the end of the year. After many exciting events planned for the summer, Season XIX of the WPT Main Tour continues until the end of the year. WPT Unveils Events Schedule for North America Last week, the World Poker Tour presented its schedule for […]