Gambling Companies
Gambling Companies, Gambling Stocks
Macau Casino Stocks Tanking as Revenues Continue to Decline
Casino shares in the Chinese gambling enclave of Macau fell Wednesday, a result weak travel expectations for the Lunar New Year holiday period and diminishing high roller activity.
From Bloomberg News:
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Fantasy League Meeting With Ray Rice Reps on Wednesday
$1 Million Endorsement Deal is on the Table
VANCOUVER -- Only time will tell which of the many fantasy sports leagues popping up all over North America are destined to survive.
And thrive.
But if marketing savvy is any indication of future success, one new league looks like it has hit a home run (or in this case, scored a touchdown).
Breaking News: DraftKings CEO Jason Robins to Speak at DFSE in Miami Beach
Miami Beach will be Daily Fantasy Sports Central the first week in August with organizers of the highly anticipated Daily Fantasy Sports Expo confirming that DraftKings.com CEO Jason Robins will be speaking at the event.
DraftKings is a leader in the world of Daily Fantasy Sports. They have partnered with a number of major league sports teams including the New England Patriots, and more recently the red hot Golden State Warriors.
WPN Sees Success With First Ever Winning Millions: More to Come
The first ever Winning Millions is now history and it appears to have gone off without much of a hitch, albeit the initially scheduled event had to be cancelled due to Denial of Service attacks.
Fantasy Sports Industry Pushes for Legalization in All 50 States
The Fantasy Sports Trade Association (FSTA) recently unveiled the Fantasy Sports Freedom initiative with the goal of promoting legalization of fantasy sports in all 50 states.
Right now five states – Arizona, Iowa, Louisiana, Montana and Washington – clearly bar pay-related fantasy sports operations. Some daily fantasy sports sites have also steered clear of states where contests paying cash prizes fall into a grey area.
Another Deal to Sell Revel Casino is Dead
CAMDEN, N.J. – (Associated Press) - Another deal to sell Atlantic City’s former Revel casino is dead.
A bankruptcy court judge on Thursday approved Revel AC’s termination of a deal to sell the shuttered gambling resort to a Florida developer for $95.4 million.
The sale was supposed to have been completed by Feb. 9.
Winning Millions is This Sunday: Get Your Share
On Sunday, February 22nd at 3:00pm ET, Americas Cardroom will make history by hosting the Winning Millions Poker Tournament! This $540 buy-in no-limit Texas Holdem tournament guarantees the first place winner will bring home a life-changing $200,000.00!!!
PokerStars Excluded From NJ Market: Resorts Moves Forward With Web Gambling
ATLANTIC CITY (Associated Press) - New Jersey’s oldest casino is about to get in on the newest form of gambling.
Resorts Casino Hotel won approval Wednesday to launch its Internet gambling site, which may be fully operational within several days.
But the approval by the New Jersey Division of Gaming Enforcement isn’t the one many online gamblers were hoping for.
The biggest gambling event in the UK
It’s getting to that time of year again when many people in the UK begin to get excited about the biggest single gambling event the country has to offer. That is the Grand National.
More than £150million is gambled on the big race by UK punters alone each year, with millions more being gambled around the world as the race is broadcast live to so many people in so many countries.
Bruce Jenner Betting Crosses Line: Bookie Apologizes for Taking Bets on New Name
Australian bookmaker Sportsbet.com.au has apologized for offering what some say was offensive betting options on one-time Olympian Bruce Jenner’s new name after it was confirmed he is undergoing a sex change.
While the wagering firm may be sorry, they are not about to suspend betting on Jenner’s gender transformation.
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Online gambling continues to increase in popularity around the globe and online bingo has exploded over the years paving the way for sites such as www.BingoReviewer.co.uk (BR). As an online bingo resource, it takes players by the hand and gives them a full run down of what to expect from a wide variety of sites, 309 to be exact. BR launched in 2006 and features the tagline “Play it. Rateit. Review it. ”The core concept of the site is based on the reviews of online bingo operators and player ratings.
William Hill and 888 End Takeover Talks, Nio Acquires Guts.com
William Hill, Great Britain’s biggest bookmaker, has confirmed they ended talks to buy 888.com.
Shares in 888 Holdings plunged in early morning trading Monday as a result of the news.
“Due to a significant difference of opinion on value with a key stakeholder, it has not been possible to reach agreement on the terms of a possible offer and the board of the company has agreed with William Hill to terminate discussions,” 888 said.
Bwin.Party Shares Tank as Hopes for Buyer Diminish
Shares in the FTSE 250 online gambling company Bwin.Party lost almost a fifth of their value Friday after reports surfaced that a potential suitor had stopped pursuing the struggling company.
The shares fell 18.95p to close the day at 83.55p.
The gambling firm was in talks to be acquired this past November but discussions reportedly stalled.
Bookmaker Looks for Boost With Morgan Spurlock ‘Inside Man’ Bitcoin Survival Piece
CNN’s Morgan Spurlock “Inside Man” plans to take us inside the world of anonymous digital currency Bitcoin on Thursday February 19, 2015 at 9 pm EST and online gambling site Bookmaker.eu is hoping to capitalize on what will likely be a mini-surge of sorts on folks trying out the mysterious currency.
Fantasy Sports Site DraftKings.com Exclusive Deal With UFC ‘Imminent’
One of the powerhouses in daily fantasy sports, DraftKings, is reported to be close to an exclusive sponsorship deal with the UFC (Ultimate Fighting Championship).
Colin Neville, vice president of the venture capital firm The Raine Group in NYC, first disclosed the pending UFC deal during a conference in New York City on Monday.
FINRA Investigation Into Amaya, PokerStars Acquisition Could Scare Off US Suitors
PokerStars had hoped to potentially enter the U.S. regulated online poker market through an acquisition by Canadian gaming firm Amaya. Those hopes could soon be dashed with fears over an ongoing investigation into last year’s blockbuster acquisition being conducted by the Financial Industry Regulatory Authority (FINRA).
Judge Puts Revel Casino Deal on Hold
(Reuters) - A federal judge in New Jersey on Sunday called a temporary halt to the pending sale of bankrupt Revel Casino in Atlantic City and scheduled a hearing on Monday on a motion to block some of the terms of the $94.5 million deal.
U.S. District Court Judge Jerome B. Simandle ordered an emergency hearing for 3 p.m. in the proposed sale of the property to Florida developer Glen Straub, who could lose his $10 million deposit if the deal does not close by Monday's deadline.
US Military Veteran Hopes to Take ReverseFantasyFootball, DraftDawgs to Next Level
EAST WINDSOR, NJ – With the conclusion of the 2014 NFL season the fantasy sports market has without a question of a doubt enjoyed its largest season. The unprecedented popularity of weekly fantasy leagues offering cash prizes without season long commitments has been extraordinary - with many new sites joining the fray at the start of this past football season.
PlayMLF.com Daily Fantasy Sports Site Movin’ On Up: DraftKings Gets Warriors
Daily fantasy sports firms continue to expand with the explosive popularity of the sector in recent months. PlayMLF.com just announced via their Twitter account, they too are in need of improved office space.
Gary Loveman to Step Down as Caesars CEO
LAS VEGAS (Associated Press) — Caesars Entertainment Corp. chief executive Gary Loveman announced Wednesday he will hand the reigns of the casino-hotel empire to former Hertz rental car CEO Mark Frissora, effective July 1.
Vulcun Announces the Largest League of Legends Fantasy Prize: $1 Million
In business for just over a month now and kicking off with a $250000 prize pool, Vulcun will now be offering a $1 million prize for the upcoming League of Legends League Championship Series (LCS).
Almost $116 Million Bet on Super Bowl 49 in Nevada: 2nd Biggest Handle Ever
Nearly $116 million was bet on Super Bowl 49 in Nevada, the only U.S. state to legally allow sports betting. The game between New England and Seattle failed to break last year’s record of $119 million however.
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Fantasy Sports New Kid Sideleague.com has an App for You
CHICAGO -- Are you a fantasy sports player?
There's an app for that.
As more and more people play in fantasy sports leagues that they access via their mobile devices rather than their computers, the leagues are making it easier for them to do so.
Nevada Casino Winnings Drop to $11 Billion in 2014
LAS VEGAS — (Associated Press) - Nevada's slow and steady gambling winning streak ended in 2014 with $11 billion captured behind casino cages, down 1.1 percent from a year ago.
The places where the winnings dropped or didn't is what interested David Schwartz, the director of the University of Nevada, Las Vegas' Center for Gaming Research.
The Las Vegas Strip's casinos were down 16.4 percent in December to $555 million and 2.1 percent for the year to $6.4 billion, according to Gaming Control Board statistics released Friday.
4 Fantastic Games Available to Play at Grand Fortune Casino
Grand Fortune Casino is one of the leading RTG powered online casinos that accepts players from the US. Having recently launched a mobile casino counterpart, Grand Fortune continues to draw players who are looking for a great variety of casino games that are complemented with excellent bonus opportunities. We look at four different casino games that are available to play at Grand Fortune Casino.
Basketbull Slot
What’s a Good Pay Per Head for Super Bowl 49
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Defunct Revel Casino Gets Big Tax Break for 2015
ATLANTIC CITY, New Jersey — (Associated Press) - Revel has finally won something. The former Atlantic City casino is getting a big tax break this year under a settlement it reached with the city and will see its property tax assessment for 2015 be reduced from $625 million to $225 million.
Nitrogen Sports Bitcoin Book to Begin Accepting US Dollars
Nitrogen Sports is beginning to distinguish itself from one of those many fly-by-night “Bitcoin-only” books that have come and gone with the drop of a….well, the drop of the anonymous digital currency’s price. A great number of these so-called sportsbooks existed only to take advantage of the dramatic swings in Bitcoin's price, benefitting from upward mobility. Those days appear to be over.
