Business & Financial

‘Love Is Love’ $50k Same Sex Wedding Giveaway Offered at Caesars

Caesars Entertainment in Atlantic City is celebrating same sex marriages with a “Love Is Love” $50,000 same sex wedding giveaway. 

From the bachelor or bachelorette party all the way through to the "I Do's", this package features the best of the best in Atlantic City.

One lucky couple will receive a lavish wedding, valued at $50,000, for 100 invited guests complete with a cocktail hour, dinner, custom cake designed by celebri-chef Deb Pellegrino, photographers, flowers, entertainment, luxury accommodations, Bachelor & Bachelorette parties, and more!

Breakup of Bwin.Party Possible With Activist Fund Taking Stake in Company

The Financial Times of London is reporting that a New York-based activist hedge fund will be taking a stake in struggling Bwin.Party. 

SpringOwl, which is managed by the activist fund Cumberland Associates, has “agreed in principle” to purchase around 6.1 per cent of Bwin.Party from the group’s founders, Ruth Parasol and Russ Deleon.

As part of the deal, SpringOwl will have the right to appoint one director to the board.

Sands Casino Websites Finally Restored Following Hacking

(Associated Press) - Casino giant Las Vegas Sands Corp. has restored its websites a week after they were hacked.

The Las Vegas-based company pulled down its sites Feb. 13 after hackers defaced them with images condemning comments CEO Sheldon Adelson had made about using nuclear weapons on Iran.

Sands restored the websites Monday afternoon. Spokesman Ron Reese says the company first became aware of the hacking on Feb. 12, when company email went down.

Mt.Gox Bitcoin Exchange Withdrawals to Resume ‘Shortly’

Following a halt to bitcoin withdrawals by one of the anonymous digital currency’s largest exchanges, Mt.Gox, it was announced Monday that these withdrawals should resume “shortly”.

Sands Casino Websites Back Up But Slow to Access

Days after a hacking of its various corporate websites, Sands Casino was back up and operational on the Web Saturday evening.  Still, the sites were slow to access at times.

The access time had some initial telltale signs of a Denial of Access (DoS) attack though the slow downloads were more likely attributed to routine maintenance.

A DoS attack sends pockets of useless traffic from compromised servers to a website, thus crippling load ability. 

New Jersey Approves Revel Co-Owners to Operate Casino

ATLANTIC CITY, N.J. (Associated Press) — New Jersey casino regulators gave final approval Wednesday to an investment firm to be the largest owner of Revel Casino Hotel.

The state Casino Control Commission granted final approval to Chatham Asset Management, a hedge fund that is part of a lender group that emerged with an ownership stake in Revel following its bankruptcy last year. Chatham owns 28 percent of Revel.

But how long any of this lasts is anyone’s guess. Revel is considering selling itself or making a second bankruptcy filing.

Stanley Ho's SJM Makes Fresh Start With New Macau Casino

(Reuters) - Macau gambling kingpin Stanley Ho helped put the former Portuguese colony on the map 40 years ago with the fluorescent, onion-shaped Casino Lisboa. Now, the pioneer of old Macau is creating a new landmark - a $3.9 billion resort that will be one of the final projects to open on China's booming Las Vegas-style Cotai strip.

Regulators Still Unsure if Sands, Venetian Guest Credit Card Info Compromised

LAS VEGAS – (Associated Press) - A Nevada gambling regulator said Thursday afternoon that it's unclear whether the hackers who knocked down all of Las Vegas Sands Corp.'s websites for three days and counting had stolen patron data, including credit card information.

FBI Confirms Probe of Sands Website Hackings: Credit Card Breach a Concern

Day 3 of the Las Vegas Sands casino websites remaining down following a corporate-wide hacking and it was still unclear as to whether customer credit card information could have been compromised.

At the time of the hacking, employee social security numbers were seen scrolling across the breached website.

New Jersey Online Gambling Revenue Numbers Released: 28 Percent Increase

Internet gaming win for January 2014 increased 28% from the $7.4 million reported in December 2013.

As of January 31, 2014, 197,782 Internet gaming accounts have been created since the beginning of soft play on November 21, 2013.

Based upon filings with the Division of Gaming Enforcement, total gaming win from the casino hotels and Internet gaming operations totaled $195.7 million in January 2014,compared to $205.2 million in casino win last January.

- Aaron Goldstein, Gambling911.com

Shares in 888.com Up: Growth in New Jersey Online Gambling Market, Eyeing CA

Shares in 888 holdings (888.com) were up 4.2 percent higher Tuesday to 145.3p on positive news that it may be increasing its market share in New Jersey.

Until now, Party Poker has captured more than half the New Jersey online gambling market.

Sands Casino Sites Still Down After Hacking: Social Security Numbers Posted

The Sands Las Vegas casino property websites were down throughout the day Tuesday following what appeared to be a website hacking.  At one point during the early part of the day it was reported that staff and executive social security numbers were scrolling on the compromised sites. 

Macau Gambling Revenue Up But Misses Estimates

(Reuters) - Macau, the world's casino capital, raked in 28.7 billion patacas ($3.6 billion) in gambling revenues for the first month of 2014, boosted by Chinese visitors flocking to the country's only legal casino hub ahead of a week-long national holiday.

Revenue growth in Macau, a special administrative region of China like neighbouring Hong Kong, was up 7 percent in January, the lowest growth rate since October 2012 and far below analyst estimates of 11-15 percent.

Russia Bans Bitcoin: Price Still Hovering Around $700

Russia banned the bitcoin this weekend, concluding a highly tumultuous week for the anonymous digital currency.