Last week, 888Holdings acquired Bwin.Party for $1.4 billion in US dollars. The acquisition gives 888 Holdings a firm grasp on the U.S. gaming market, given that it owns the sites for Caesars Atlantic City, Harrah's Online, and now Borgata Online. 888 Holdings already was the only online poker operator to
Sports gamblers are set to take a big loss this week after 97% of the money wagered had Woods making the cut at The Open. William Hill's Nevada sportsbook had Tiger Woods as a -190 favorite to make the cut at St. Andrews, where he won the Open in 2000
Moody's Investors Service increased the US casino industry's rating on Tuesday from "Negative" to "Stable". Moody's said that higher gaming revenues in most states in April and May 2015 convinced them to change the rating. The service, which often sets the table for investors activity, said that casino finances are
The November Nine is set in the 2015 World Series of Poker Main Event. The 9 players who will sit at the final table are vying for $7,680,021 in cash and poker immortality. The players survived a week of poker grind to last longer than over 6000 other gamblers. All
The Fort Sill Apache Tribe of Oklahoma filed a motion last week hoping the court system would allow them to operate casinos on their New Mexico lands. The tribe owns land in southern New Mexico, but a May 2015 decision by the National Indian Gaming Commission ruled that gaming activity
Work was suspended on the Lago Resort & Casino on Monday after a judge ruled that the development plan by the town board of Tyre, site of the casino, violates state environmental law. Meanwhile, a pro-casino spokesman characterized the ruling as a "detout", while anti-casino spokespeople said the decision is
Several WSOP Main Event champions continued to advance in Day 2AB, while a handful of others were eliminated. The notable Main Event bracelet holders who advanced included Phil Hellmuth, Joe Hachem, Scotty Nguyen, Jim Bechtel, and Ryan Riess. Chip Stack Leaders The chip stack leaders of Day 2AB, along with
GVC Holdings Plc has offered Bwin.Party Digital Entertainment Plc $1.4 billion in a buyout plan. The proposal from GVC Holdings could touch off a bidding war with 888 Holdings, a rival gaming company which made an undisclosed bid for Bwin.Party in May 2015. 888 Holdings, which owns 888casino, 888poker, and
Phil Mickelson, who last month was tied to a $2.75 million debt to an illegal bookie, characterized that news as "a little report" in a press conference this week. Mickelson, a 5-time winner of a major on the PGA, spoke to reporters as he prepared for The Open, the tournament
New Jersey and federal authorities are investigating a cyber-attack launched against four Atlantic City online casinos. Officials say the sites were targeted by a hacker who promised another attack, if a bitcoin ransom was not paid. The officials in question did not say they had taken the proper measures to
Georgia has a bill moving through its state legislature which would provide up to six land-based casino licenses. MGM Resorts International wants in on the ground floor of Georgia's casino gambling, and has pledged to build a $1 billion gaming complex in Downtown Atlanta. MGM Resorts is one of the
Illinois public officials are trying to preside over a dispute between local business owners and anti-gaming activists over the fate of video gambling in their community. The township of Mahomet, with a population of 12,623, has become an example of the conflicting interests and arguments on Internet sweepstakes cafes. Video
