Carl Icahn, the American billionaire investor who would take control of the Trump Entertainment's assets once the bankruptcy plans become final, has reconsidered his position regarding the closure of Trump Taj Mahal property on Saturday Dec. 20, 2014. In a letter addressed to the CEO of Trump Entertainment Robert Griffin, Mr. Icahn conveyed his willingness…
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The buzz that Crown Resort's James Packer and BetEasy's Matthew Trip will join forces to build a sportsbook company in Australia's flourishing sportsbetting business turned out to be true. This week, the Australian casino magnate released a statement confirming the merger agreement between Crown's wholly owned Betfair Australia business and Tripp's startup betting company BetEasy,…
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International payments solutions provider SafeCharge, and one of the most favored payments processor in European regulated online betting and gaming markets, is all set to takeover CreditGuard, a PCI-DSS Level 1 payment services and credit card clearing solutions provider. For an initial cash payment of $8 million (€6.8 million) and deferred settlement scheme of up…
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Last December 08, 2014, Loto Quebec launched an online lottery service system especially for online group play, which players can access via desktop at "loteries.lotoquebec.com," or by way of a mobile device and the Loto Quebec Lotteries mobile application. The online tool, which is the first of its kind in Canada, requires users to be…
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After the midterm elections in January 2015, for which the Republican Party was able to gain control of the U.S. Senate, the Adelson camp had nurtured high hopes that the bill for the "Restoration of America's Wire Act (RAWA)" will be heard and passed during the Congress lame duck session. However, contrary to expectations held…
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As part of the initiatives undertaken by the Gaston Browne Administration to make Barbuda, the other half of the Antigua and Barbuda twin island-nation a key economic contributor, Prime Minister Gaston Browne signed a Memorandum of Agreement (MOA) covering the $250 million Barbuda hotel joint venture project of international actor Robert de Niro and Australian…
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The British Columbia government's investigation into the conflict of interest violation of former British Columbia Lottery Corp. (BCLC) CEO Michael Graydon, has developed into a major issue that could jeopardize Paragon Gaming's Edgewater Casino project. David Eby, a member of the BC Legislative Assembly and designated spokesperson of the New Democrat Official Opposition had put…
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Last Friday, U.S. District Court Judge Michael Shipp, issued a Temporary Restraining Order (TRO) to prohibit Monmouth Park racetrack operator, the Thoroughbred Horsemen’s Association and the New Jersey Sports and Exposition Authority the owner of the land on which Monmouth Park is situated, from carrying on with sports wagering activities at Monmouth Park. The TRO…
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After closing down its New Jersey-facing Ultimate Poker website in September of this year, Station Casinos, the casino company announced last Friday that beginning November 17, 2014 (Monday) the Nevada-facing Ultimate Gaming poker site will cease to operate as well. Actually, Station Casinos later made it clear that the company is in fact, closing down…
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Adam Silver, who was named as the new Commissioner of the National Basketball Association (NBA) only this year, contributed an editorial piece to the New York Times Opinion Pages, expressing his support of movements to legalize and regulate sports betting outside of the U.S. states of Delaware, Montana, Nevada, and Oregon. The latter group being…
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