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Studio City Macau Exploring IPO, But Financial Experts Are Calling Melco’s Bluff

Studio City Macau Lawrence Ho

Melco Resorts, owners of Studio City Macau, has filed paperwork with the US Securities and Exchange Commission (SEC) to explore selling shares in the property through an initial public offering (IPO), but financial experts aren’t sold that any stock issuance will come to fruition. NASDAQ-listed Melco Resorts & Entertainment, which owns a 60 percent stake…Read More

Turkey Arrests Fugitive Online Gambling Kingpin

Veysel Sahin, illegal online gambling operator, arrested in Turkey

Turkish police have arrested the suspected head of an illegal online gambling operation who had been six months on the run. Alleged ambling kingpin Veysel Sahin was taken into custody in the city of Sivas in central Turkey after he left his hiding place in Lebanon to visit his sick father. Sahin had been sought…Read More

Maloof Brothers Place $880,000 on Floyd Mayweather Against Conor McGregor

Maloof brothers Floyd Mayweather fight

Gavin and Joe Maloof are thought to have recently made the largest bet on the August 26 Floyd Mayweather versus Conor McGregor fight, with two tickets placed at the South Point Casino sportsbook totaling $880,000. The Maloofs are backing the favorite and their friend Mayweather at -550, meaning they stand to make a $160,000 profit…Read More

Mega Millions Winning Ticket for $393 Million Sold in Illinois, Powerball Jackpot Soars to $430M

It’s one down and one to go with multimillion dollar US lotteries, after a lucky purchaser in Illinois won $393 million in a Mega Millions drawing on Friday. The Powerball jumped to $430 million after no ticket matching all six numbers was selected on Saturday. The next drawing will be Wednesday. This is the first…Read More

Bitcoin Gamblers Hit Jackpot as BTC Value Climbs Past $4,000

Bitcoin cryptocurrency on the rise

The value of a single bitcoin surged past $4,000 on Saturday, and continued to climb on Monday, reaching $4,300 at the time of publication. This new all-time high is amazing news for users of bitcoin casino sites, because it means they’ve been winning in their sleep. In fact, someone who invested $100 to buy about…Read More