Shares are up almost 8% in early morning trading on confirmation that Cadillac Jack has been sold to Apollo for $476 million, which is mostly cash along with a $15 million note due in 8 years. This sale confirms a… Continue Reading
Michael Shackleford Is the “Wizard of Odds”
Union Asks Missouri to Block REIT’s Bid for Pinnacle Casinos
Long-term, negative side of REITs argued
There needs to be more women on boards of public companies. In the case of Wynn Resorts, if Elaine Wynn does not get elected to the board, it will mean a board composed entirely of white men. This is not… Continue Reading
Macau leader Fernando Chui vows to strengthen casino regulation in policy address Macau Cuts Gaming Forecast as Chui Seeks to Move Beyond Casinos The Chinese government: Macau is being ‘adjusted’
While public companies should welcome any input from shareholders, since it’s the shareholders who own the company, boards should be cognizant of balancing the interests of all shareholders in proportion to their ownership. In the case of the proposal made by… Continue Reading
IRS May Drop Jackpot Reporting Thresholds
As the online poker market develops, more countries are regulating online poker and network effects are taking hold. I believe the network effects that impact online poker are encouraged by greater regulation, as the larger more sophisticated operators will be… Continue Reading
Glad to see PokerStars hitting it out of the park again. The tournament was highly anticipated by players. Brayden Fritzshall Tops Over 50,000 Players To Win $9M Guaranteed Sunday Million
