3799 stories by Philip Conneller
Oaktree Capital Offer Would Buy James Packer Out of Crown Resorts for $2.3 Billion
Oaktree Capital Management wants to help Crown Resorts buy out its biggest shareholder, James Packer. Crown announced Monday morning that the private equity giant has proposed funding a A$3 billion (US$2.3 billion) deal to acquire Packer’s 37 percent stake. The deal offers...
Zlatan Ibrahimovic Facing Career-ending Ban from Soccer for BetHard Ownership
Sweden’s greatest soccer player, Zlatan Ibrahimovic, could be facing a three-year ban from the sport for investing in gambling company BetHard, according to media reports. Swedish daily Aftonbladet claims the AC Milan striker is the fourth-biggest owner of BetHard, with a ten...
Victim Named in Poker Palace Las Vegas Hit and Run Murder Investigation
A man killed outside the Poker Palace in North Las Vegas in a hit-and-run incident turned murder investigation has been named by the Clark County Coroner as Fredrick J. Mason, 49. Jacqueline Rose Martin, 43 – spelled “Jackqueline” in the arrest report...
Feds Raid 24 San Diego Slaphouses, Links to Drugs and V-Boys Street Gang
The FBI disrupted two dozen illegal gambling dens in San Diego Wednesday morning in sweeping raids across the city. The operation resulted in 35 arrests and charges against 47 people, according to federal indictments unsealed Wednesday. According to an FBI search-warrant affidavit,...
Nebraska, Iowa Ask Appeals Court to Uproot Prairie Flower Casino
The Ponca Tribe of Nebraska’s Prairie Flower Casino on the Iowa-Nebraska border should not have been built. That's because the land on which it stands does not qualify as the tribe’s sovereign territory, it has been claimed. This is the thrust of...
Grand National Breaks UK Record for Biggest Online Sports Betting Event
Last Saturday’s Grand National steeplechase at Aintree was the UK’s biggest-ever online sports betting event, as a unique set of circumstance helped it outstrip even the soccer World Cup final for digital wagering. The Aintree stands may have been deserted, but around...
Football Index Facing UK Government Inquiry into ‘Flawed’ Business Model
The UK government will launch an independent investigation into the Football Index collapse, sources have told The Times. The soccer trading platform tumbled into insolvency overnight on March 5, resulting in collective losses for its users of almost $100 million ($138 million)....
SkyCity Dumps Junkets in Face of Australian Regulatory Pressure
New Zealand’s SkyCity Entertainment Group said in a note to the ASX Monday that it would permanently sever business ties with junket operators. The company explained it had taken the decision, effective immediately, following a strategic review of its International Business division....
Arizona Legislature Passes Sports Betting, Clears Way for New Tribal Compacts
The Arizona legislature sent the state’s sports betting bill to the desk of Governor Doug Ducey late Monday, where it’s expected to be enthusiastically signed off by the Republican governor. The bill will create 20 betting licenses, mobile and land-based, which will...
Abilify Drug Company Can’t be Sued in BC for Late Investor’s $9 Million Gambling Losses
The family of late Canadian investor and entrepreneur Sameh Magid cannot hold the makers of the antipsychotic drug Abilify responsible for his gambling debts -- at least, not in a courtroom in British Columbia, a judge in the province has ruled. Magid’s...
