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GVC Ready to Gamble on Ladbrokes Coral in $5.2 Billion Deal, Latest in Major Year of Acquisitions and Mergers

GVC Holdings Ladbrokes acquisition

Online gambling operator GVC Holdings is reportedly nearing a deal to acquire UK bookmaker Ladbrokes Coral for $5.2 billion. The bwin.party owner and sports betting behemoth has long been interested in acquiring Ladbrokes, with the most recent proposal, a $4.6 billion offer, falling through in August. This time around, GVC has apparently submitted a bid…Read More

One Day After New York Giants Coach Fired, Odds Posted for Replacement

Mike Smith

A day after the New York Giants fired Head Coach Ben McAdoo an online sportsbook was posting odds on who will be his successor. Bookermaker.eu displayed the prop bet on its website. The NFL team’s ownership had never made a coaching change in midseason and said they didn’t plan to do so this year, but…Read More

Brick-and-Mortar Casino ‘Dark Web’ Threats Abound, Cybersecurity Report Reveals

Dark web cybersecurity threats to casinos

Given the billions of dollars globally that run through the casino industry, that the dark web is home to those with an interest in attacking this market should come as no surprise. But while we might assume most cybersecurity attacks would be aimed at online operators, a new report claims that it is, in fact,…Read More

Greece Could Soon Allow Casinos in Major Tourism Destinations

Greece casinos gambling economy

Greece lawmakers are preparing to vote on a bill that would legalize three casinos in the popular tourism destinations of Crete, Santorini, and Mykonos, and also allow the country’s current gambling establishments to relocate. The latter is perhaps the more important part of the legislation, as the Regency Casino Mont Parnes, the only gambling floor…Read More

British Columbia Casino Anti-Money Laundering Procedures Go Into High Gear

BC Attorney General David Eby British Columbia casinos anti-money laundering

Casinos in the Canadian province of British Columbia will start to roll out new anti-money laundering policies in the near future, pushing to combat what the provincial government believes is the suspicious transfer of funds through Vancouver-area gambling venues. According to BC Attorney General David Eby, the new interim recommendations will be implemented “as soon…Read More

MGM CEO Jim Murren Stumping for Bridgeport, Connecticut Casino Support, But Tribes Push Back

MGM CEO Jim Murren Bridgeport Connecticut casino push

Three months ago, MGM Resorts CEO Jim Murren announced that his company was planning to build a major resort casino in Bridgeport, Connecticut. On Tuesday, Murren spoke at the Bridgeport Regional Business Council’s annual dinner in an effort to build legislative and community support for that proposal. In his comments, Murren noted that Connecticut lawmakers…Read More

Dover Downs Racing Towards NYSE Delisting, as Northeast Gaming Expansion Hurts Delaware Casino

Dover Downs casino stock price

Dover Downs Gaming and Entertainment (DDE), parent company to the Dover Downs Hotel & Casino and Dover Downs Raceway, has been notified by the New York Stock Exchange (NYSE) that the company is in jeopardy of being delisted due to its stock price routinely trading below the minimum $1.00. In a release to investors, Dover…Read More

MGM National Harbor Aside, Maryland Casinos Lose 13 Percent in November

MGM National Harbor Maryland casinos

The $1.4 billion MGM National Harbor integrated casino resort some 10 miles southeast of the nation’s capital continues to poach gaming revenue away from its main competitors in Maryland. According to the Maryland Lottery and Gaming report for November, MGM National Harbor was the top earner with a $50.6 million win from slot machines and…Read More

Pennsylvania: Reading City Council Votes 6-0 to Welcome Satellite Casino Development

Reading City Councilmen Jeff Waltman and John Slifko

Echoing the support of the mayor, the Reading City Council voted unanimously on Monday to pass a resolution urging the Pennsylvania Gaming Commission to approve plans for a satellite casino. The decision comes just days after Reading Mayor Wally Scott told the Reading Eagle that he fully supported the idea of bringing a mini-casino to…Read More

New Jersey Online Gambling Sites Could Soon Accept International Players Should New Bill Become Law

online gambling New Jersey Ray Lesniak

New Jersey online gambling and poker networks would be permitted to welcome international players in markets where internet casinos are legal should a recently introduced bill one day become law. State Senator Ray Lesniak (D-District 20) introduced Senate Bill 3536 on the final day in November. The legislation would remove the physical requirement that players…Read More

PhilWeb Allowed Back in Business, as Philippines Reissues Electronic Gaming License

PhilWeb PAGCOR online gaming Philippines

Gaming technology provider PhilWeb is once again fully licensed by the Philippine Amusement and Gaming Corporation (PAGCOR) to provide cafes with electronic gaming systems. It’s a welcome turnaround for the company founded by billionaire Robert Ongpin, who began drawing heat from iron-fisted President Rodrigo Duterte. PhilWeb, which once owned and operated nearly 300 e-gaming cafes…Read More

Surveillance Rooms at Las Vegas Casinos Often Lightly Staffed

Las Vegas surveillance rooms

For anyone who wants to cheat or steal at a major casino, the biggest deterrent isn’t the staff on the gaming floor, but rather the all-seeing eyes of the countless security cameras being monitored by surveillance staff. But a new report from the Las Vegas Review-Journal has found that many casinos in Las Vegas have…Read More

Chief Macau Gaming Official Says Junket Collaborators Will Remain Unlicensed

Macau gaming VIP junket collaborator

Macau Gaming Inspection and Coordination Bureau (DICJ) Director Paulo Martins Chan says there are no plans to develop some type of permit to issue VIP junket group “collaborators” that currently work in conjunction with the casino market’s six licensed operators. Speaking at a legal event at the University of Macau, Chan told reporters that the…Read More

Crown Resorts Faces Class Action Lawsuit Over China Arrests

Crown Class Action Lawsuit

Australian gambling giant Crown Resorts is facing a class action lawsuit that claims the company failed to inform shareholders of a marketing campaign in mainland China that led to the arrest of 18 Crown employees. The lawsuit was filed by law firm Maurice Blackburn, which said that it had received hundreds of registrations from shareholders…Read More

Caesars Entertainment Selling Harrah’s Las Vegas Real Estate to Generate Capital

Caesars Entertainment Harrah's Las Vegas

Caesars Entertainment is fresh out of Chapter 11 bankruptcy, and the casino conglomerate is ready to get back into the game of purchasing new assets. To accomplish that goal, the company needs cash. In a capital-generating move, Caesars has decided to sell its Harrah’s Las Vegas real estate to VICI Properties, its real estate investment…Read More