GAMBLING
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FanDuel Founders’ $120M Suit Over Flutter Deal Revived
Posted on: May 26, 2024, 12:59h. Last updated on: May 26, 2024, 01:05h. The New York State Court of Appeals has revived a lawsuit brought by FanDuel’s founders against a powerful group of current shareholders. Lesley and Nigel Eccles, the husband-and-wife team that founded FanDuel in Edinburgh over 15 years ago. They and other shareholders claim they were deliberately left…
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Donald Trump Jr. Shines Light on Alabama Gaming Deadlock
Posted on: May 4, 2024, 10:41h. Last updated on: May 4, 2024, 10:41h. Donald Trump Jr. is headed to Alabama next week to rally on behalf of his father’s 2024 campaign. Before departing for the Cotton State, the former president’s eldest son took to X to weigh in on efforts to allow Alabamans to have a say on whether to…
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Melco Resorts Expansion Continues With Sri Lanka Partnership
Posted on: May 1, 2024, 12:00h. Last updated on: May 1, 2024, 12:00h. Melco Resorts & Entertainment Limited has secured market entry in Sri Lanka through a partnership with John Keells Holdings, the largest publicly traded conglomerate on the Colombo Stock Exchange. City of Dreams Sri Lanka will feature a casino run by Melco Resorts. The $1 billion integrated resort…
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Las Vegas Overstated F1 Race’s Vegas Impact — Report
Posted on: April 13, 2024, 12:29h. Last updated on: April 13, 2024, 12:57h. The marketing firm paid by the Las Vegas Convention and Visitors Authority (LVCVA) exaggerated the benefit to Las Vegas of hosting the first Formula 1 Las Vegas Grand Prix, according to a new report. A.I renders an image of F1 drivers throwing money out of their cars…
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Century Casinos Stock Punished Too Harshly, Says Analyst
Posted on: April 10, 2024, 05:03h. Last updated on: April 10, 2024, 05:03h. Shares of Century Casinos (NASDAQ: CNTY) joined the broader gaming equity complex to the downside Wednesday as the March reading of the Consumer Price Index (CPI) came in higher than expected, indicating inflation is proving more persistent than economists hoped. Rocky Gap Casino Resort in Maryland. An…
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South Carolina and UConn Favored in NCAA Title Games
Posted on: April 7, 2024, 10:23h. Last updated on: April 7, 2024, 10:23h. The women’s and men’s March Madness tournaments are down to the final four teams. Iowa’s Caitlin Clark (22) plays her final college basketball game today in the NCAA women’s national championship game against top-seeded South Carolina. Clark hopes to cap off her historic year by cutting down…
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Florida Allocates Seminole Casino Money to Environment
Posted on: April 4, 2024, 04:49h. Last updated on: April 4, 2024, 04:49h. Florida Gov. Ron DeSantis (R) on Thursday signed legislation requiring most of the state’s money received from its Class III gaming compact with the Seminole Tribe be used for environmental initiatives. Florida Gov. Ron DeSantis signs legislation earmarking revenue received from the state’s gaming compact with the…
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Aussie Soccer Team Suffers Vegas Hangover
Posted on: March 29, 2024, 05:02h. Last updated on: March 29, 2024, 05:23h. Fallout from an end-of-season recreational trip to Las Vegas late last year has resulted in the separation of more than one member of Australia’s Brisbane Lions soccer team from their romantic partners, reports Britain’s Daily Mail. Every member of the Brisbane Lions is smiling in this photo…
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Bally’s Credit Rating Downgraded Further Into Junk Status
Posted on: March 26, 2024, 04:36h. Last updated on: March 26, 2024, 05:04h. Bally’s (NYSE: BALY) credit rating was downgraded further into junk territory and the outlook on that grade was lowered to “negative” from “stable” by Moody’s Investors Service on Monday. Bally’s temporary Chicago casino at Medinah Temple. The operator’s credit rating was lowered by Moody’s. (Image: Axios Chicago)…
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Improper Roulette Play Leads to Charges
Posted on: March 20, 2024, 05:08h. Last updated on: March 20, 2024, 05:08h. Four arrests have taken place after two nefarious roulette plots recently came to light in different locations. A roulette wheel, pictured above. Two roulette plots led to arrests. (Image: Investors Digest) A cheating scheme occurred at a roulette table at Rivers Casino Pittsburgh and unrelated tampering occurred…
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