NEWS


News

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 average. (Image: TheVegasparlay.com) For six consecutive weeks the favorites have won and from Week 7 to Week 12 they have been ahead 69 percent of the...

read more

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 sell its Harrah’s Las Vegas real estate to VICI Properties, its real estate investment trust (REIT) that was formed through bankruptcy. The transaction...

read more

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 Main Event, the $100,000 Super High Roller pulled plenty of eyes to its action. 39 entries would pony up the $100,000 entry fee to build a $3.9 million...

read more

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 Photo) But according to Penn National, not all of these so-called exclusion zones are created equally. Penn National operates the Hollywood Casino in...

read more

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 in late 2016, there was one place that wasn’t open to marijuana – the casinos. In September, the Nevada Gaming Control Board issues a directive that...

read more

Pragmatic Play Limited inks William Hill games supply deal

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 able to enjoy its Pixie Wings, Jurassic Giants and Wolf Gold titles via the Quickfire platform. Yossi Barzely, Chief Business Development...

read more

Russia 2018 World Cup Draw Produces Mostly Balanced Matchups for Group Stage

The official draw for the 2018 FIFA World Cup was held in Moscow on Friday, and produced a draw that doesn’t threaten any tournament favorites. Opening odds at sportsbooks responded to the parity by moving little, leaving bettors to guess where they’ll see inevitable big surprises. Fabio Cannavaro was among the soccer legends who helped select balls to fill out the 2018 FIFA World Cup draw. (Image: Shaun Botterill/Getty) F The draw took place at the State Kremlin Palace, with Russian President Vladimir Putin in attendance for the festivities....

read more

Macau Casinos Post 16th Consecutive Monthly Revenue Gain, November Win Totals $2.87 Billion

Macau casinos generated gross revenue of 23 billion patacas ($2.87 billion) last month, which represents a 23 percent gain on November 2016 and marks the enclave’s 16th straight month posting a year-over-year percentage increase. Macau casinos won again in November, and that trend is poised to continue in the coming months, as VIPs return and new integrated resorts like MGM Cotai open. (Image: GGRAsia) The financial statistics outpaced the general consensus growth of 19 percent forecasted by analysts. Accumulated gross revenue through...

read more

Melco Pledges to Move Headquarters to Japan if it Receives Casino License

Melco Resorts & Entertainment Chairman Lawrence Ho has vowed to do “whatever it takes” in order to get into the Japanese casino market when it opens. Lawrence Ho plans to do whatever it takes to secure a Japanese gaming license for Melco, including moving its headquarters to the country. (Image: Jonathan Wong) That commitment now includes a pledge to move the company’s headquarters to Japan should it receive a license to operate in the country. That promise came as Ho visited Tokyo with a group of Melco executives. The visit followed...

read more

NetEnt’s Hall of Gods delivers early Christmas present by way of €7.2million jackpot win in UK

NetEnt’s Hall of Gods delivers early Christmas present by way of €7.2million jackpot win in UK

Swedish online casino games developer, NetEnt, has provided the perfect start to the holiday season for one lucky player in the United Kingdom after landing a €7,205,687.82 jackpot, the second big win on the software provider’s Hall of Gods video slot game in the last six months. The inviting jackpot was what drew the winner, Neil from Aberdeen, Scotland, to play the desktop version of the mythology-themed game, Hall of Gods, on Casumo Casino where the multi-million euro prize was claimed. Hall of Gods is a 5-reel...

read more

This site uses third party cookies for analytic purposes, these cookies may collect information such as you IP address. For more information, please review our Privacy Policy which details the cookies’ use, as well as your ability to change your cookie settings more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close