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
Jack Cleveland Casino hopes the end of the Republican National Convention in the city signals an uptick in its business. The casino's management complained that the RNC's presence had a withering effect on operations last week. The former Horseshoe Casino, which rebranded to Jack Casino in June, did not say
U.S. District Judge Donald Walter sentenced Khang Nguyen Le to 30 months in prison for one count of wire fraud in the theft of $263,463, which Le was alleged to have gambled at a nearby casino. The big shock is that Khang Nguyen Le is a Buddhist monk from the
The Republican National Convention ended on Thursday night with one major omission. For the first time since the 1996, the RNC's platform did not call for a national ban on online gambling. Since 1997 was the first year when a real money Internet poker site first launched, the omission of
The 2016 WSOP Main Event's "November Nine" is set for another year. This time around, players from 5 different countries will compete in the final table of the World Series of Poker Main Event at the Rio All-Suite Hotel in Paradise, Nevada (adjacent to Las Vegas). Many people are calling
Miami Beach has filed legal papers which oppose Genting Group's plan to build a casino-resort in downtown Miami. The filings are in response to Genting's own lawsuit against Miami-Dade County and State Attorney Katherine Fernandez Rundle. Genting's lawsuit is an effort to get the legal right to develop a casino
The Sands Bethlehem Casino in Bethlehem, Pennsylvania opened the US's largest live electronic table games room last week. Players who have visited the gaming "stadium" are calling it the future of gambling. So are officials at the Sands, which is owned by Sheldon Adelson's Las Vegas casino company, the Las
The organizers of the Republican National Convention sent a letter of apology to Las Vegas Sands founder Sheldon Adelson earlier this week. The letter sent in a last-minute push by the GOP convention's organizers to get Sheldon Adelson to pay some or part of the $6 million extra needed to
Valve, the company which produced Counter-Strike: Global Offensive, is cracking down on gambling sites associated with CS:GO video game items. Valve's move comes a week after a major scandal ensued involving CSGOLotto, a gambling site which allows people to wager "skins", which are virtual weapons used in Counter-Strike: Global Offensive.
Scientists have learned that humans are not the only living beings on Earth which gamble. Several recent studies suggest plants and animals both have the ability to take calculated risks, under the right circumstances. One study, called "Pea Plants Show Risk Sensitivity", was conducted by researchers at three different universities.
