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Caesars Entertainment Gets Record £13 Million Fine from UKGC

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3 April

Caesars Entertainment Gets Record £13 Million Fine from UKGC

By Liev Jackson Blog • No Comments

Caesars UK division has accepted a fine of £13 million ($16 million USD) following a UK Gambling Commission investigation which found the operator had allowed known problem gamblers to lose…

2 April

Feds Ask Tribal Leaders How to Best Distribute $8B in Coronavirus Relief

By Liev Jackson Blog • No Comments

The US Department of the Interior (DOI) is asking tribal leaders across the country to provide recommendations as to how $8 billion in coronavirus relief funding should be distributed to…

2 April

Officials in Arkansas, Illinois Extend Casino Closures Through April

By Liev Jackson Blog • No Comments

Casinos in Arkansas and Illinois have received word they will be closed for at least one more month because of the COVID-19 outbreak. The Saracen Annex in Hot Springs, Ark.,…

2 April

Mafia Also Clobbered by Coronavirus Sports Cancelations, Cops Say

By Liev Jackson Blog • No Comments

It’s not just the regulated sports betting industry that is feeling the pinch because of the global sports shutdown. Spare a thought in these troubling times for the Mafia, whose…

2 April

Sands Remains a Standout Among Gaming Stocks, Says One Analyst

By Liev Jackson Blog • No Comments

There are no sure things in investing, and that’s certainly true these days with gaming equities. But Las Vegas Sands (NYSE:LVS) appears to be one of the group’s safer names,…

2 April

Macau Casinos Win $659M in March, Represents 80 Percent Decline

By Liev Jackson Blog • No Comments

Macau casinos won $659 million on their gaming floors in March, a nearly 80 percent decline compared to the same month in 2019. Macau casinos reported gaming win of $659…

2 April

Wimbledon Canceled, All Major Tennis Through July 13

By Liev Jackson Blog • No Comments

The Wimbledon Championships have been canceled by the COVID-19 pandemic, as have all ATP and WTA tennis tournaments through July 13. Wimbledon was scheduled to run June 29 to July…

2 April

Eldorado Rewarded Hedge Funds Last Year, a Theme That’s Ceased

By Liev Jackson Blog • No Comments

Eldorado Resorts, Inc. (NASDAQ:ERI) stock remained a hedge fund favorite in the fourth quarter, possibly scorching some of those professional investors as the shares plunged 75.60 percent in the first…

2 April

Nevada Casinos Closed Through April, Gov. Issues Stay-at-Home Order

By Liev Jackson Blog • No Comments

Nevada casinos will remain closed at least through the end of April as a result of Gov. Steve Sisolak’s (D) stay-at-home order. The Las Vegas Strip and all Nevada casinos…

2 April

Flutter, TSG $12.2 Billion Merger Approved by UK Competition Regulator

By Liev Jackson Blog • No Comments

Flutter Entertainment and The Stars Group (TSG) have received clearance from UK antitrust regulators to proceed with their proposed $12.2 billion merger. The tie-up will create the biggest online gambling…

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