Amaya Gaming and “Lucky” Investors
Amaya Gaming’s stock looking more like a jackpot for lucky investors
Gambling
PokerStars to Launch Expanded Sports Betting and Casino
PokerStars has announced it will launch sports betting and casino games including Blackjack and Roulette on its websites in the near future. This is a great move by PokerStars to gain incremental revenue from its huge player base. But PokerStars… Continue Reading
Brookfield deal for Revel called off
Brookfield abandons plan to buy Atlantic City’s Revel Casino Brookfield bails on Revel deal, Straub says interest still high
Station’s Shuts Down Poker Site
Station Casinos to Shut Down Online Poker in Nevada
Pinnacle to form REIT
Big news for Casino watchers was announced by Pinnacle Entertainment, as they plan to create a Real Estate Investment Trust (REIT) to separate their real estate from the operating company. Shareholders will receive REIT units in a tax-free spin-off sometime in… Continue Reading
Boyd Gaming REIT potential
How low have expectations for Boyd Gaming sunk when the CEO can claim on the latest earnings conference call that “This was a solid quarter for our operations” and “Growth resumed in our Nevada business, as our Las Vegas Locals and Downtown… Continue Reading
Atlantic City Review from Tara Perkins
Atlantic City bust: How a storied gambling destination lost its lustre
Vegas Update Oct 31
Today, I played video poker at the Gold Coast. It was a bonus point day for B Connected members, which is Boyd Gaming’s main slot club. On this bonus point day, players receive 7x points on video poker. Since the… Continue Reading
Why do sports gamblers lose?
Last night, I was discussing sports betting with a friend of mine. We were talking about the process management of sports betting such as how to move the money, execution risk management, evaluation methods, etc. The conversation naturally turned to… Continue Reading
Intertain Acquires Vera&John
The Intertain Group Limited Enters into Letter of Intent to Acquire Leading Online Casino Provider Vera&John for up to €89.1 million ($126.1 million)