Poker Player Doug Polk’s Plan for Largest Texas Cardroom Up in Smoke
Posted on: May 9, 2024, 06:42h. Last updated on: May 9, 2024, 06:42h. The City of Farmers Branch, a Dallas suburb, has passed on the chance to host Texas’ largest poker room. On Tuesday, the city council voted 4-1 against an ordinance that would have legalized cardrooms, paving the way for the proposed venue. Poker’s […]
Judge Denies Wynn Injunction Against Fontainebleau in Poaching Suit – Casino.org
Posted on: May 9, 2024, 06:04h. Last updated on: May 9, 2024, 06:50h. Corey Levitan Read More A Clark County district judge has denied Wynn Resorts the temporary injunction it sought against Fontainebleau, the new Strip casino resort it is suing for poaching its executives. The Fontainebleau, foreground, overshadows the Wynn and Encore in a […]
Golden Entertainment Likes Buybacks Over Nevada M&A
Posted on: May 9, 2024, 05:23h. Last updated on: May 9, 2024, 05:23h. Golden Entertainment (NASDAQ: GDEN) dramatically reduced debt while announcing its first ever quarterly dividend. Such efforts, including share buybacks, could be the casino operator’s preferred avenues for returning capital to shareholders rather than acquiring gaming venues in Nevada. Golden Entertainment’s Arizona Charlie’s […]
PlayAGS Going Private In $1.1B Deal With Brightstar Capital
Posted on: May 9, 2024, 04:39h. Last updated on: May 9, 2024, 04:39h. Shares of slot machine maker PlayAGS (NYSE: AGS) surged 26.56% today on volume that was 35 times the daily average after the company said it has agreed to be acquired by Brightstar Capital Partners for $1.1 billion. PlayAGS slot machines, seen above. […]
Mohegan Sets New Quarterly Revenue Record in Q2
The Mohegan Tribal Gaming Authority has published information about Mohegan’s operating results for its second fiscal quarter ended March 31, 2024 (Q2). The tribal gaming company reported an all-time-high quarterly revenue figure and highlighted some of its most noteworthy Q2 achievements. As mentioned, Mohegan’s Q2 net revenue increased 13.8% year-on-year to $461.7 million, setting a […]
‘Real Housewives’ Star Ryan Boyajian Implicated in Shohei Ohtani Gambling Scandal
Posted on: May 9, 2024, 03:49h. Last updated on: May 9, 2024, 03:49h. A mystery figure at the center of the betting scandal involving Dodgers star Shohei Ohtani and his interpreter, Ippei Mizuhara, is a cast member of the Bravo reality TV series The Real Housewives of Orange County, according to an ESPN report. Real […]
Tory MP Davies Accepts £500-an-Hour Consultant Role with Merkur
It is not uncommon for UK MPs to accept consultancy roles with licensed gambling operators in the country. Similar to other income opportunities, as well as benefits such as gifts and hospitality from UK sources, such earnings are registered with the Register of Members’ Financial Interests. One such registered earning concerning the Tory MP Philip […]
DraftKings Acquired Sports IQ Analytics for an Undisclosed Sum
American gambling giant DraftKings has acquired Sports IQ Analytics, a company that uses advanced artificial intelligence and machine learning techniques to provide cutting-edge software solutions for the online sports gambling industry. The arrangement was announced by the latter company’s chief executive officer, Omer Dor and comes a week after DraftKings published its report for the […]
Light & Wonder’s Q1 Report Outlines Growth across the Board
Light & Wonder has published its Q1 financials, reporting a strong start to 2024. The supplier was able to deliver a 12th quarter of year-over-year consolidated revenue growth in a row and generated strong cash flow. The company’s revenue increased 13% to $756 million, underpinned by growth across all segments. The company’s gaming revenue increased […]
Culinary Union Organizes Two-Day Strike at Virgin Las Vegas
The Culinary Union, the largest union in Nevada, representing some 60,000 workers across the entertainment and hospitality sector in the state, called for a 48-hour strike at Virgin Las Vegas, amid dragging negotiations for better conditions for employees of the venue. Ultimately, the union fights for better working conditions for the 700 hospitality workers at […]