NFL Football Players Investments Connected to Unsuccessful Casino in Alabama

- October 24, 2016 By Samantha A. -

Troy King who is the former Attorney General in the state of Alabama was featured on the show 60 Minutes which is a CBS news program, talking about many Football players who actually lost millions in a very unsuccessful bingo casino that was located in Alabama. This entertainment and casino complex was to be a […] Continue Reading

William Hill and Amaya Merger Talks End Unsuccessfully

Experts can't see the potential benefits from the proposed merger.

- October 19, 2016 By Oliver Young -

It seemed that everything was ready for the William Hill and Amaya merger. Both companies were looking forward to it and it was expected to create a true industry giant. But, the merger didn’t go through. It appeared that there was strong opposition from major William Hill shareholders who thought that a merger would decrease […] Continue Reading

William Hill and Amaya in Serious Merger Talks

The merger would prove to be quite beneficial for both companies.

- October 10, 2016 By Oliver Young -

Mergers have become quite frequent in the gambling industry recently. Last year, the merger of Paddy Power and Betfair was announced. The merger between Ladbrokes and Gala Coral, two of the leading betting operators in the UK, is expected to be announced every moment now. Earlier this year, William Hill rejected a takeover bid by […] Continue Reading

Another Great Year for bet365

bet365 is still as successful as ever.

- September 21, 2016 By Oliver Young -

It has been predicted and published on multiple occasions that Brexit will have a negative effect on UK gambling operators. 2015 and 2016 have been quite difficult for many companies. However, that is certainly not the case with bet365 as the previous months have been nothing but successful for the Stoke-on-Trent based company. All financial […] Continue Reading

The Casino Revenue Plan From North Jersey Includes A.C., Lacks a Tax Rate

- September 12, 2016 By Samantha A. -

Legislators within the state of New Jersey are putting out a public vote for a referendum that will allow casinos that are within the Northern Part of New Jersey which will include one casino located at Meadowlands Racing located in East Rutherford, NJ. Ralph Caputo the Assemblyman is all set to introduce a resolution that […] Continue Reading

Petition to Close the Trump Taj Mahal Officially Submitted

Trump Taj Mahal Casino in Atlantic City Closing

- September 12, 2016 By Oliver Young -

In what can be only described as a long-due end to an era full of financial difficulties, the Trump Taj Mahal Casino in Atlantic City is now officially confirmed to be closing. The confirmation came on Friday, September 9th, after a petition to the Gaming Enforcement Division of New Jersey was made public. According to […] Continue Reading

Retroactive Taxes Slash OPAP’s Profits

OPAP Gaming Operator Greece

- August 31, 2016 By Oliver Young -

One of the biggest gaming operators in Europe, OPAP, confirmed this Tuesday that they continued to suffer profit losses in 2016 when they posted their quarterly financial report. As was reported, the company saw a 36.4% drop in net profits during their second quarter. The net profit of OPAP thus far amounted to €33 million, […] Continue Reading

Asian VIPs Help Star Entertainment Increase Net Profits by 15%

Star Entertainment Casinos Australia New Tower

- August 29, 2016 By Oliver Young -

One of the largest casino entertainment groups in Australia, the Star Entertainment Group, reported an increase in 15% of their annual profits – a change they stated was due to an increase in high-rollers from Asia. The reported net profits of the entertainment group rose by 14.9% to June 30, and amounted to A$ 194.4 […] Continue Reading

Tony Fung Drops $8 Billion Plan to Build a Casino Resort in Cairns

Aquis Casino Resort Cairns

- August 22, 2016 By Oliver Young -

Hong Kong Billionaire Tony Fung has abandoned his six-year plan of building the Aquis casino resort in the vicinity of Cairns, a famous holiday destination located in Australia’s Great Barrier Reef. The resort was to include a casino, eight hotels, and its own dedicated island, with a final price-tag of $8.15 billion. Fung’s Australian company, Aquis […] Continue Reading

Trump Taj Mahal Closing; The State Is Rescuing Atlantic City with a Loan

Other casinos in AC received higher revenues.

- August 15, 2016 By Oliver Young -

The Trump Taj Mahal has been in the news quite a few times in the past few years. The casino which had kept the name of the current Republican Presidential candidate Trump on its façade, finally closed. The closure of Trump Taj Mahal, wasn’t a big surprise as the employees went on strike on multiple […] Continue Reading

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