Sportsbooks Getting Hurt by NFL Favorites Covering Spreads

Bettors of the NFL are learning this season it is probably smart to wager on the favorite. They have been dominating at the window, covering at a 60 percent mark against the spread and sportsbooks are taking a hit because of it. Gamblers have been lining up to bet on favorites at Las Vegas sportsbooks and have been cashing nearly 70 percent of the time, which is about 20 percent more than the...
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Caesars Entertainment Selling Harrah’s Las Vegas Real Estate to Generate Capital

Caesars Entertainment is fresh out of Chapter 11 bankruptcy, and the casino conglomerate is ready to get back into the game of purchasing new assets. To accomplish that goal, the company needs cash. Caesars Entertainment recently celebrated its emergence from bankruptcy by ringing in the opening bell at NASDAQ. (Image: Caesars Entertainment) In a capital-generating move, Caesars has decided to...
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Dan Smith Defeats Daniel Negreanu in $100,000 Super High Roller at Five Diamond

In one of the final preliminary events (if you can call a tournament with a six-figure buy in a “preliminary”) before the start of the World Poker Tour Five Diamond World Poker Classic Main Event next week, Dan Smith vanquished fellow poker pro Daniel Negreanu to win the $100,000 Super High Roller on Friday night. While there has been plenty of action around the Bellagio leading up to the WPT...
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Penn National Questions Fairness of PA Satellite Casino Rules

When Pennsylvania decided to allow for smaller satellite casinos as a part of their recent gambling expansion, state lawmakers made sure to protect existing casinos by ensuring they couldn’t be placed too close to existing venues. Penn National officials worry that their Hollywood Casino didn’t get a fair shake when it comes to protection from new satellite casinos. (Image: LancasterOnline/File...
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Vegas Casinos and Government Officials Meet Over Marijuana Guidelines

After initially stating that there would be a ban on any marijuana usage in casinos and on casino grounds in Las Vegas, a meeting between government officials and Las Vegas casino honchos under the auspices of a resurrected committee on Wednesday examined the problems that are confronting the issue. With the passage of laws in the Silver State that opened Nevada’s recreational marijuana industry...
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Pragmatic Play Limited inks William Hill games supply deal

Online casino games developer Pragmatic Play Limited has signed an agreement that will see its full portfolio of titles rolled out to sites operated by William Hill beginning with the five-reel Mighty Kong video slot. Malta-based Pragmatic Play Limited recently inked similar deals with Bethard Group Limited and GVC Holdings and explained that William Hill players will soon also be...
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