David Baazov resigned "from all positions" at Amaya Inc., while dealing with charges of insider trading. Baazov took a voluntary leave of absence as the chairman of the board and CEO when the charges were unsealed back in March 2016, but had remained as Amaya's president and a member of
For the second week in a row, a casino executive gave a political endorsement. Last week, Carl Icahn endorsed Donald Trump for US President. This week, the longtime head of MGM Resorts endorsed Trump's opponent, Hillary Clinton. MGM Resorts Chairman and CEO Jim Murren has gone against his lifelong party
State Senator Roger Katz is sponsoring a bill to regulate daily fantasy sports in Maine. If passed, the bill would make Maine the 9th U.S. state to pass DFS regulations. Sen. Katz is required to submit a detailed proposal, but not a full itemized bill. Therefore, it is known that
Carl Icahn, the owner of the Tropicana Casino and the Trump Taj Mahal, gave a television interview to CNBC's Ian Schwartz on Wednesday. In the interview, Icahn discussed a wide range of topics. Most of the discussion focused on the U.S. economy and how it affects the upcoming presidential election.
Former NBA Commissioner David Stern is scheduled to speak at the Global Gaming Expo on September 29 at the Sands Expo and Convention Center in Las Vegas. David Stern is expected to give an address on the future of sports betting in America, as well as the impact of sports
Bovada has sold its online poker operation to Ignition Casino, an online casino which launched in the spring of 2016. Ignition Casino is owned by Lynton Limited. Bovada is the successor to Bodog, which left the U.S. gaming market in 2011. Bovada was one of the few remaining online poker
New Jersey continues to wait for a ruling from an "en banc" panel of judges at the Third Circuit Court of Appeals in Philadelphia. It has been nearly 175 days since the judges heard arguments in the case, but no decision has been rendered. Most of the time, the court
Carl Icahn announced he was closing the Trump Taj Mahal, effective on Labor Day. In the announcement of the casino's closing, the investment billionaire put the blame on the workers of the UNITE-Here Local 54. Even the date Carl Icahn chose to close his casino, Labor Day, is a swipe
The small island nation of Antigua and Barbuda is renewing efforts to get the United States government to change its online gambling enforcement policies. Antigua won a court case against the United States in the WTO's international court, but the Bush and Obama administrations have not recognized that ruling. The
The Shanghai-based Giant Network Technology Co. and Alibaba's Jack Ma are part of a consortium which is buying 100% interest in Caesars Interactive for $4.4 billion. The deal involves Caesars Casino and Playtika, though it does not involve the other famous brand in the CI portfolio: World Series of Poker.
Michael J. Pollack, the head of the Spectrum Gaming Group, said that the recent sale of the Borgata Hotel Casino & Spa is a good sign for Atlantic City. In June 2016, Boyd Gaming sold its 50% stake in Atlantic City's most successful casino to MGM Resorts, which owned the
The Powerball lottery is holding the 11th-largest drawing in the history of United States lottery gaming tonight. The Powerball jackpot is now up to $422 million. The estimated cash value of a lump sum payment is $291.8 million. The last winner happened on May 7, 2016, when the Smith Family
