Icahn washes hand over Trump Taj Mahal closure
- Aug 8, 2016
The finger pointing now begins as Billionaire casino investor Carl Icahn blamed officials of Local 54 of the Unite-Here for Taj closure.
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Gaming News
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Sports betting could keep casino revenue rolling in Mississippi
- Aug 5, 2016
Casino revenue has leveled off in Mississippi and other states but sports betting could be that new amenity consumers want, which will keep tax money rolling in, said Geoff Freeman, president of the American Gaming Association.
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New York bill might bar state residents from online handicapping contests
- Aug 5, 2016
A bill signed Thursday by New York Gov. Andrew Cuomo legalizing online daily fantasy sports contests in the state but prohibiting the same contests for horse racing is raising concerns about the future of online horse-racing activities in New York.
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Online Gambling Giant William Hill Continues Investing Despite Takeover Rumors
- Aug 4, 2016
British gambling giant William Hill may be subject to a potential £3 billion takeover by 888 Holdings and Rank Group, but that has not stopped them from continuing with a "business as usual" attitude judging by the recent investments by the company.
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Bitcoin Drops Nearly 20% as Exchange Hack Amplifies Price Decline
- Aug 3, 2016
The price of bitcoin fell sharply today exacerbating an already ongoing decline as global market participants reacted to news that one of the largest digital currency exchanges had been hacked.
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Borgata joins MGM ‘family’ of resorts
- Aug 3, 2016
Borgata Hotel Casino & Spa is now part of the same MGM "family" of resorts as the Bellagio, Aria, Mirage and others in Las Vegas, the Beau Rivage in Biloxi, Miss., and, later this year, MGM National Harbor, across the river from Washington, D.C., in Oxon Hill, Md. MGM also has resorts in Tunica, Miss., and Detroit.
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Has Caesars saved itself with Playtika sale?
- Aug 2, 2016
Caesars Entertainment Corporation just sold Playtika Ltd., a section of Caesars Interactive Entertainment to a consortium of Chinese equity funds for $4.4 billion.
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Online gambling rivals join to fight SA betting tax
- Aug 2, 2016
Online wagering rivals have joined forces to launch a national campaign against South Australia's new "punters tax", appealing to gamblers to lobby local members to kill the budget measure.
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FanDuel maps out future vision with rebrand
- Aug 2, 2016
Daily fantasy sports (DFS) operator FanDuel has unveiled a major rebrand of its service offering and announced a new season-long fantasy product.
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Maryland Live sues MGM over VIP list
- Jul 29, 2016
Maryland Live Casino has started legal proceedings against MGM National Harbor over claims its rival surreptitiously obtained its high-roller list.
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888 turns the tables on William Hill
- Jul 28, 2016
My oh my how the tables have turned. It was back in February of last year that William Hill offered to buy 888 for £744M. Disagreements over value from one key stakeholder torpedoed the deal. In street terms, that key stakeholder wanted more money, and boy was he right.
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A Florida Judge Ruled That Bitcoin Isn’t Money
- Jul 27, 2016
Bitcoin isn't money, a Florida judge has declared.
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