With continued record low interest rates, investors are still searching for yield. This has created an incentive for the sell side to offer investments focused on generating yield for investors. This has happened on a number of fronts. REITs are… Continue Reading
Amaya Gaming is now offering some of its casino games thru Full Tilt. This launch does not impact the planned purchase of PokerStars/Full Tilt by Amaya, investors will get a chance to see how likely it will be that Amaya… Continue Reading
Retrocom Real Estate Investment Trust announced today a deal to acquire nine commercial properties for $179 million including $44 million financed thru a bought deal. Retrocom REIT (RMM) closed the day at $4.50 and the bought deal price is $4.30… Continue Reading
Like many people, I enjoy a good hamburger. My friend was recently telling me about a new chain in Ontario called Union Burger. He also turned me onto a story posted in Goderich where local businesses were actually protesting the… Continue Reading
Investors have been very enthusiastic about PrairieSky and other energy royalties lately. After its IPO, PriarieSky has rallied to a high multiple. But investors should be cautious and should not expect much organic (top line) growth, unless the price for… Continue Reading
Gamblers Fight Back: A Professional Gambler’s Journey of How to Survive and Thrive in the Casino by Greg Elder My rating: 2 of 5 stars Gamblers Fight Back by Greg Elder is a short book providing some insights into the… Continue Reading
Amaya Gaming has announced a deal to purchase Pokerstars for almost $5 billion in cash. The deal will be financed by a variety of lenders including Deutsche Bank, Barclays, Macquarie and Blackstone. This transaction will completely transform Amaya and vault it… Continue Reading
Online Gambling Slump Adds to Christie’s N.J. Budget Woes
Setback for online gambling as American Gaming Association withdraws support for legalization
As I have mentioned in previous posts, the Poker Boom was mainly caused by the growth of online poker. Monetary Origins of the Poker Bubble Calling the Bluff: The Real “Boom and Bust” of Poker
