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DraftKings Receives Licensing by UK Gambling Commission
Cliff Spiller Cliff Spiller

DraftKings Receives Licensing by UK Gambling Commission

Since it was announced that DraftKings had received licensing in the United Kingdom to launch its daily fantasy sports service there, gaming media have been critical of the move. Critical might not be the proper term; "hand wringing" might better describe what is being done. DraftKings is one of two

Borgata Destroyed Gemaco Playing Cards in the $9.6 Million Phil Ivey Suit
Cliff Spiller Cliff Spiller

Borgata Destroyed Gemaco Playing Cards in the $9.6 Million Phil Ivey Suit

It was learned this week that the Borgata casino destroyed the playing cards which were used when poker pro Phil Ivey and Cheng Yin Sun won $9.6 million playing baccarat. Those cards would be considered evidence in the case, but Borgata's staff destroyed the cards after using them, which is

Seminole Tribe Is 10 Days away from Ceasing Gaming Payments to Florida
Cliff Spiller Cliff Spiller

Seminole Tribe Is 10 Days away from Ceasing Gaming Payments to Florida

The Seminole Tribe's 30-day notice on a new gaming compact is 10 days away from expiring. If the deadline passes, then the Seminoles intend on continuing to offer banked games to customers, but cease payments to the state. The tribe argues that the state has been breaking the compact for

Amaya Buys Victiv, Plans to Use Its DFS Platform as a PokerStars Daily Fantasy Site
Cliff Spiller Cliff Spiller

Amaya Buys Victiv, Plans to Use Its DFS Platform as a PokerStars Daily Fantasy Site

Amaya Gaming Group purchased the Texas daily fantasy sports service "Victiv" this week. Victiv will be rebranded as "StarsDraft" and launched in select markets at first. Eventually, StarsDraft is going to be linked with the PokerStars platform. Thus, Victiv is going to become the long-awaited daily fantasy sports unit of

Antigua and the USA Are Discussing a Resolution in Their 12-Year Dispute over Online Gambling
Cliff Spiller Cliff Spiller

Antigua and the USA Are Discussing a Resolution in Their 12-Year Dispute over Online Gambling

Antigua and the United States finally are making progress on their long dispute over the online gambling industry. The two countries have been at odds for 12 years, since Antigua first took the US to the World Trade Organization's international court to seek redress. While no deals are in the

Sen. Ray Lesniak Prepares to Run for New Jersey Governor after Chris Christie Leaves Office
Cliff Spiller Cliff Spiller

Sen. Ray Lesniak Prepares to Run for New Jersey Governor after Chris Christie Leaves Office

New Jersey media sources have produced rumors that State Senator Ray Lesniak is considering a run for governor. Raymond Lesniak is known in gambling circles as a pro-gaming, pro-casino lawmaker. Now, it appears he might be preparing to run against Governor Chris Christie's Republican successor. Due to charges of corruption,

One Group of Caesars Entertainment Creditors Sues Another Group of Creditors
Cliff Spiller Cliff Spiller

One Group of Caesars Entertainment Creditors Sues Another Group of Creditors

The Caesars Entertainment Corporation bankruptcy proceeding got a little more complicated this week when one group of creditors sued another group of creditors. The junior lienholders, who currently have a lawsuit against the Caesars Entertainment Operations Company (CEOC), are now suing the first lienholders. The group of bondholders say the

Wynn Everett Casino Expects to $850 Million to Massachusetts Governments in Its First 15 Years in Business
Cliff Spiller Cliff Spiller

Wynn Everett Casino Expects to $850 Million to Massachusetts Governments in Its First 15 Years in Business

Steve Wynn's gaming company continues to deal with the political fallout of winning the Boston-area gaming license. This week, as Wynn Resorts faces mounting political and legal challenges to its casino development in Everett, the company launched a public relations offensive to justify its role in the Boston economy. Wynn

Vincent Maltifano’s Gaming License Application Rejected in Nevada, Due to Several Concerns
Cliff Spiller Cliff Spiller

Vincent Maltifano’s Gaming License Application Rejected in Nevada, Due to Several Concerns

Officials in two U.S. states ruled this week in longstanding cases involving gaming facilities. In Nevada, the Gaming Control Board recommended that state officials should reject the gaming application of a California businessman. In Alabama, a judge delayed a decision on whether racetrack owner Milton McGregor should have 1600 bingo

Wynn Resorts Profits Fall 72% in the 2nd Quarter of 2015, Due to Macau
Cliff Spiller Cliff Spiller

Wynn Resorts Profits Fall 72% in the 2nd Quarter of 2015, Due to Macau

Wynn Resorts profits fell 72% from where they were at the same time last year, after Q2 earnings were released to shareholders last week. Wynn's net profits were $56.5 million in the three months ending June 30, which is off 72% from April, May, and June of 2014. Most of

Alabama Senate Committee Votes 6-2 to Approve a Referendum after Rancorous Debate
Cliff Spiller Cliff Spiller

Alabama Senate Committee Votes 6-2 to Approve a Referendum after Rancorous Debate

Alabama gambling expansion cleared its first hurdle on Tuesday, though tempers flared in the Alabama Senate during the debate. The dramatic verbel showdown took place in the Senate Tourism and Marketing Committee, which voted 6-2 in favorte of holding a state referendum. According to the Washington Times, the referendum would

Churchill Downs Signed Online Poker Partnership with LA’s Crystal Casino and Ocean’s 11 Casino
Cliff Spiller Cliff Spiller

Churchill Downs Signed Online Poker Partnership with LA’s Crystal Casino and Ocean’s 11 Casino

Churchill Downs is the latest gaming company to forge an online poker partnership. The world's most famous horse racing venue reached a deal with the Crystal Casino & Hotel in Los Angeles and the Ocean's 11 in Oceanside. The two casinos are owned by the same gaming group. While the

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